Blackstone looks to return to Trans Maldivian cockpit as lenders look to exitBlackstone is nearing a deal to reacquire Trans Maldivian Airways, eight years after selling it to a Bain Capital-led consortium. The airli...
07 Mar, 2025, 06.14 AM IST
Cerebras, an AI Chipmaker Trying to Take On Nvidia, Files for an IPOCerebras, a chip startup aiming to rival Nvidia, is planning its stock market debut, marking a notable IPO in the AI sector. The company re...
03 Oct, 2024, 07.18 AM IST
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus Monday, taking an important step toward listing its shares on th...
02 Oct, 2024, 07.47 PM IST
Cerebras, an AI chipmaker trying to take on Nvidia, files for an IPOCerebras, based in Sunnyvale, California, unveiled its investor prospectus on Monday, taking an important step toward listing its shares on...
01 Oct, 2024, 05.17 PM IST
S&P 500 and Nasdaq notch record highs as Nvidia gainsThe S&P 500 and Nasdaq closed at record highs, driven by Nvidia's rise and Powell's rate-cut remarks. Market optimism about AI growth count...
10 Jul, 2024, 07.15 AM IST
Nasdaq, S&P 500 power on as Nvidia surge lifts tech stocksMonday marked the 35th instance of the S&P 500 setting a fresh closing record this year, as sharp gains in AI-linked and other tech shares ...
09 Jul, 2024, 10.46 PM IST
Dollar rallies as US economic optimism boosts Treasury yieldsBenchmark 10-year Treasury yields rose to 14-month highs on Tuesday at 1.776%, and were last up 2 basis points on the day at 1.742%.
30 Mar, 2021, 10.19 PM IST
Bitcoin at $100,000 in 2021? Outrageous to some, a no-brainer for backersBitcoin is within sight of its all-time peak of just under $20,000 hit in December 2017. It debuted in 2011 at zero and was last trading at...
24 Nov, 2020, 11.59 AM IST
Bain's $500 million bet on Trans Maldivian Airways crash landsThe company’s lenders have taken control of the business, invoking underlying securities, after Bain Capital Private Equity and Chinese par...
17 Oct, 2020, 08.02 AM IST
Bain, Chinese partner buy Blackstone’s sea plane fleet operator in Maldives for $500 mnOnce completed, this will be the biggest exit by Blackstone across Asia, giving them a 4.8 times returns multiple on a 4-year investment.
22 Dec, 2017, 04.44 PM IST
- Omnia invests Rs 7 crore in early-stage education firms
Omnia Investments, the venture fund set up by the promoters of Spice Mobility, has made its maiden investment in two earlystage startups.
22 Nov, 2011, 12.56 PM IST