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Global stocks: UAE markets end higher; IHC gains on India aluminium ventureUAE stock exchanges enjoyed a remarkable jump on Friday, paralleling an upswing in global indices after a lackluster U.S. jobs report eased...- Adani-IHC foray may rejig India's aluminium market mixAdani Group is set to disrupt India's aluminium market with an $11.5 billion venture, challenging Hindalco and Vedanta. The project, slated...
- Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
- From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
- Spacetech unicorn Skyroot sets maiden launch window between July 12 and August 4India's first spacetech unicorn, Skyroot Aerospace, is gearing up for the maiden test flight of its Vikram-1 rocket between July 12 and Aug...
- Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
- India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
- Adani, IHC plan to forge $11.5 billion aluminium unitAdani Group and Abu Dhabi's International Holding Company are set to invest a massive $11.5 billion in a new Odisha aluminium plant. This a...
- Jana Holdings to pare Jana Bank stake to repay its bond holdersJana Holdings plans to reduce its stake in Jana Small Finance Bank to below 10% from 17% to meet bondholder payment obligations, including ...
- Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
- Institutional demand sparks surge in block deals as promoters book profitsPromoters and large shareholders are cashing in on a stock market rebound, offloading shares worth over ₹24,000 crore in May and June. This...
- Bitcoin is boring. Bring on AI, space and JGB tokensForget Bitcoin's struggles; digital tokens representing real-world assets like bonds and stocks are gaining traction. These 'tokenized asse...
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- Bitcoin, Solana or XRP? The best performing crypto asset of 2026 so farCrypto prices may have corrected sharply in 2026, but underlying trends suggest growing maturity. Institutional participation, stronger blo...
- CCI clears Honda's proposal to acquire additional 21% stake in AstemoJapan's Honda Motor Co. has received a green light from the Competition Commission of India (CCI) to acquire an additional 21% stake in aut...
- NFO Alert: JM Financial Mutual Fund launches multi asset allocation fundJM Financial Mutual Fund has launched its new JM Multi Asset Allocation Fund, an open-ended scheme designed for long-term wealth creation. ...
- Jio and NSE mega IPOs will test jittery retail investorsIndia anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani's Jio Platforms. Local investor sentiment is crucial, esp...
- Diplomats hold US-Iran preparatory discussions at Swiss retreatThe Swiss foreign ministry said diplomats were in discussions at the luxury Burgenstock resort near Lucerne in central Switzerland, without...
- Abu Dhabi's MGX weighs multi-billion deal for data centre operator DayOneAbu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...
- Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
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