RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
AI coding startup Cursor, courted by SpaceX, picks London as European hubElon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-...
Sebi review to ensure broker net worth rules align with risk: Sebi ChiefSebi is revolutionizing the landscape for stockbrokers with updated regulations that align capital requirements with their operational scal...
Buy, Sell or Hold: Morgan Stanley maintains underweight on Wipro; HDFC Securities upgrades Stylam IndustriesBrokerages remain selective on Indian equities, with Morgan Stanley maintaining an underweight stance on Wipro due to growth concerns. HDFC...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
Khan Sir to seek anticipatory bail over FIR on vandalism at his coaching centre in PatnaEducator Faisal Khan, known as Khan Sir, will file an anticipatory bail petition after being named in an FIR for vandalism at his coaching ...
Business Quote of the day by Ray Kroc: ‘No self-respecting salesman makes the same…’ Key sales insight by the man behind transformation of McDonald’sRay Kroc, the man behind McDonald's global success, believed in tailoring pitches. He compared sales to baseball, stating no two clients ar...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
Cognizant launches Ace Team Program to nurture new generation of AI talentCognizant has launched the Ace Team Program in India to cultivate engineering talent for client digital transformations and its AI goals. S...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
Apple removes Russia's state-backed messenger from App StoreApple has removed Russia's state-backed Max messenger from its App Store, citing compliance with sanctions. The app, developed by VK whose ...
Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor eventWall Street investment banks are hosting exclusive events for potential SpaceX IPO buyers, offering rare access to top executives. Elon Mus...
KNAV secures follow-on investment from Nikhil Kamath’s NKSquaredGlobal accounting firm KNAV has secured follow-on investment from NKSquared, the investment firm of Nikhil Kamath. This funding will fuel i...
“One sick leave might cost you ₹1,000”: Job seeker’s HR conversation goes viral, sparking debate on leave policiesA LinkedIn post by Upasana Sarbajna has sparked debate online. She detailed a surprising conversation with a recruiter about a company's le...
IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
Scripbox acquires wealth manager Bluechip Capital to expand offeringsWithout disclosing the financial details of the deal, Scripbox said that post the acquisition, Bluechip’s employees and clients would becom...
British law firm Child & Child launches India desk: enters into partnership with Solicis LexLondon law firm Child & Child has launched a dedicated India Desk and partnered with Mumbai-based Solicis Lex to cater to the growing deman...