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Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...- AI wins have Alphabet poised to become world’s biggest companyAlphabet is rapidly closing in on Nvidia for the title of the world's largest company. Alphabet's strong presence in AI, from search to clo...
- Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
- Largecaps seen as safe harbour amid market volatility: Sanjay MookimPrime Minister Modi's calls for energy conservation highlight India's external vulnerability and fiscal strain due to elevated oil prices. ...
- Pharma Q4 outlook mixed: Hospitals steady, generics face revlimid dragIndian pharma and healthcare firms face a mixed March quarter. While hospitals anticipate steady growth, generic drugmakers grapple with lo...
- FY27 earnings growth may drop to 10%: Jitendra Sriram on the impact of sustained $100 oilThe war forced changes on quite a few fronts. First was a re-assessment of the “new-normal” for crude and on certain commodities where supp...
- India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
- US Supreme Court throws out ruling against Slack over direct listingIn a 9-0 ruling, the justices threw out a lower court's decision that had let the proposed class action lawsuit filed by shareholder Fiyyaz...
- Salesforce is buying Slack for $27.7 billion to take on MicrosoftSalesforce has been diversifying into other fields, largely through a series of acquisitions, including a $15.7 billion purchase of data an...
- Salesforce in talks to acquire workplace app Slack: ReportSalesforce's bid comes as Slack faces fierce competition from Microsoft Teams and other workplace apps.
- At private Silicon Valley summit, no love for IPOs or banksThe main target of ire was the first-day stock surge that often accompanies IPOs underwritten by banks.
- Slack soars to $21 billion valuation in debut after shunning IPOThat’s a huge increase from Slack’s last private funding round in August, which valued the company at $7.1 billion.
- Lyft’s tumbling stock is a worrying sign for other unicornsLyft is a model of the unicorn class of companies that secured valuations in excess of $1 billion from private investors and will soon seek...
- Crude palm oil futures remain down on easing spot demandCrude palm oil for delivery in July month declined by Rs 3, or 0.67 per cent to Rs 444.00 per 10 kg in business turnover of 148 lots.
- Crude palm oil futures slip 0.24% on muted demandAt the Multi Commodity Exchange, crude palm oil for delivery in June fell 1.10, or 0.24 per cent, to Rs 460.90 per 10 kg.
- Sugar softens on sluggish demandSugar prices receded by Rs 20 per quintal in the national capital today on slackness in demand amid mounting of stocks following increased ...
- Increase in MphasiS stock price looks limitedMphasiS, a large-cap IT services provider, has long been trying to reduce its revenue dependence on parent HP by augmenting the direct busi...
- Pepper futures up 0.95% on spot demandPepper prices surged by 0.95 per cent, to Rs 36,475 per quintal in futures trading today on speculative buying by participants.
- Sugar ends marginally lower on reduced offtakeSugar prices showed a moderate fall of Rs 10 per quintal in the national capital today on reduced offtake by retailers and bulk consumers.
- Slipping rubber prices to aid tyre cosRubber prices fell to around Rs 76 levels on Wednesday, a decline of nearly 15% over the past one month.
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