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Bill Gates heir’s shopping app claimed sales it didn’t drivePhia, co-founded by Phoebe Gates, faces accusations of violating affiliate marketing policies. The browser extension allegedly claimed sale...
Will Google be Berkshire CEO Greg Abel's best stock pick after predecessor Warren Buffett's Apple bet?After taking over the reign as Berkshire Hathaway CEO in January this year, Greg Abel began putting the company’s record cash pile of nearl...
ETtech Deals Digest: Yotta fundraise lifts weekly tech funding to $228 million, up 95% on-yearThe week’s funding was concentrated in late-stage deals, which accounted for nearly three-fourths of the total capital raised. Early-stage ...
Global Market: Sovereign wealth funds pivot to strategic investments as AI takes centre stageSovereign wealth funds are increasingly prioritising national strategic goals over pure financial returns, with artificial intelligence and...
Prashant Jain, other top investors pick Rs 1,655 crore stake in SBI Funds Management pre-IPO dealsSBI Funds Management has raised Rs 1,655 crore through a pre-IPO placement by selling a 1.42% stake to 30 marquee investors, including Pras...
Did Goldiam International shares really crash 24% in one day? Here’s how the bonus math worksGoldiam International shares appeared to fall 24% after turning ex-bonus, but the decline was purely due to the 1:3 bonus share adjustment....
SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. Th...
Bonus issue alert! Last day to buy Goldiam International shares for 1:3 bonus reward. Do you own?Diamond jewellery maker and exporter Goldiam International has fixed July 10 (Friday) as the record date for its 1:3 bonus issue, effective...
AI expected to unlock up to 35% in profitability for Indian MSMEs; Nearly 60% to achieve double-digit revenue growth: ReportArtificial intelligence integration promises significant profit improvements for Indian MSMEs. Digital adoption helps nearly sixty percent ...
Big Short fame Michael Burry is betting against Nvidia, AMD, Micron and other chipmakers. Is a massive AI crash coming?Michael Burry, famed for predicting the 2008 financial crisis, has increased his bearish bets against AI-linked chipmakers through the iSha...
South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
Warren Buffett's successor puts record $400 billion cash pile to work. What's he buying?Greg Abel has started deploying Berkshire Hathaway's record cash pile after taking over as CEO from Warren Buffett. With nearly $400 billio...
Gush of Gulf sovereign wealth enters India in 2026Gulf sovereign funds invested $1.7 billion in India during the first half of 2026. This investment defied geopolitical tensions and fears o...
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
Jefferies' Christopher Wood warns Microsoft, Meta, and Alphabet AI spending may backfireJefferies strategist Chris Wood has warned that Wall Street's hyperscalers risk massive capital destruction from excessive AI spending, arg...
Midcap stocks ignore Middle East war, AI worries to jump up to 85% in 2026. More rally or sharp correction ahead?Despite a weak first half for benchmark indices, India's midcap stocks outperformed, driven by resilient domestic inflows, stronger earning...
FII stake in India's 10 biggest stocks hits 20-year low. Time to go against the crowd?Foreign investors are holding their lowest stake in India's top 10 companies in two decades, coinciding with valuations dipping below long-...
'Telcos may do well in Q1; tariff hikes likely in H2,' say analystsTelecom operators are poised for single-digit revenue growth this quarter, driven by steady subscriber additions and users opting for premi...
ETtech Deals Digest: Cred, Sarvam mega rounds lift startup funding to $1.91 billion in June, up 91% on-yearIndian startups secured a significant $1.91 billion in June, a substantial leap from previous periods, driven by major late-stage investmen...
India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI showsIndia's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goo...