Anthropic's IPO prospectus sharpens focus on AI valuationsAnthropic is betting that AI will reshape the global economy more profoundly than industrialization, electricity and the internet, accordin...
MF Tracker: HDFC Pharma & Healthcare Fund tops equity MFs at 25% in 1 year. Should investors chase the rally?HDFC Pharma and Healthcare Fund recorded an impressive 25% return in the last year, surpassing its category average across various time fra...
Wegovy maker Novo Nordisk faces investor pressure to find growth beyond weight-loss drugsFacing increased scrutiny, Novo Nordisk must clarify its future strategy outside of its leading weight-loss drug. Investors are advocating ...
Private financing critical for Viksit Bharat goal: Economic Affairs SecretaryAchieving India's Viksit Bharat vision requires significant private sector investment. Government budgets alone cannot bridge the substanti...
Morgan Stanley shifts $10 billion in municipal bond mutual funds to ETFsMorgan Stanley is converting eight municipal bond mutual funds to ETFs. This move will transition nearly ten billion dollars in assets unde...
MF Tracker: Bank of India Small Cap Fund tops equity funds with 25.21% returns in 7 years. Can the run continue?Bank of India Small Cap Fund delivered the highest CAGR of 25.21% over seven years among equity funds, excluding sectoral and thematic sche...
ASML extends chipmaking dominance as customers embrace High NAIts existing $200 million EUV machines, essential for making advanced AI chips, are all but sold out through 2027, while customers have mad...
Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
Gold ETF inflows jump 67% to Rs 2,596 crore in August. Why are investors piling in?Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central ba...
Equity MF inflows rise 19% to Rs 29,329 crore in August; SIPs hit record highEquity mutual fund purchases rose nineteen percent in August, reaching twenty-nine thousand three hundred twenty-nine crore. Systematic inv...
Smallcap, midcap funds attract higher inflows in August; largecap outflows continue for second monthSmall- and mid-cap mutual funds attracted strong investor interest in August, with small-cap inflows reaching a record Rs 7,973 crore. Larg...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is curre...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
Lululemon’s turnaround gets tougher as new CEO inherits a battered brand; shares fall 20%Lululemon shares dropped significantly after the company lowered its full-year sales forecast. The sportswear maker's signature leggings bu...
India's economy shatters a 35-year barrier to enter A-rated clubIndian Economy: Japan Credit Rating Agency (JCRA) has upgraded India’s sovereign credit rating from BBB+ to A-, restoring an A rating for I...
After 35 years, Japan's JCRA upgrades India sovereign rating to A- from BBB+Japan Credit Rating Agency has upgraded India's sovereign rating to A- after more than three decades. This upgrade recognizes India's solid...