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RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
Accenture cuts revenue outlook, stock crashes 17%Accenture has lowered its annual revenue growth forecast. Companies are still cautious about spending on technology. This is happening even...
Dhan parent Raise Securities posts Rs 905 crore revenue, profit down 20% in FY26The company had reported net operating income of Rs 795 crore and a profit after tax of Rs 408 crore in FY25. The rating agency attributed ...
InCred Money gets Sebi in-principle nod for mutual fund licence, plans launch in 6-9 monthsInCred Money has secured Sebi's in-principle approval for a mutual fund licence, marking a key step toward launching its asset management b...
InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
Family Trusts need a rethink: DPDP, PMLA rules collide with informal promoter structuresIndia's family businesses face a complex succession era due to evolving regulations and generational differences. Law firms like Veritas Le...
ET Alpha Wealth Summit | Go for global allocation in a deliberate manner; not as a knee-jerk reaction to short-term underperformance: Rahul JainIndia's wealthy investors are now considering global markets. Wealth managers at the ET Alpha Wealth Summit confirmed this shift. However, ...
HCLTech bets big on sovereign AI with strategic investment in Sarvam AIHCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enter...
Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volumeGoldman Sachs achieved a record pace in 2026, managing over one trillion dollars in announced mergers and acquisitions. This success follow...
The Indian workers training AI robots to take their jobsWith a smartphone strapped to her head, Nagireddy Sriramyachandra films herself slicing mangoes in her kitchen in India to train AI-powered...
Poland teams up with Foxconn to build EVs: PM TuskPoland's government will partner with Taiwan's Foxconn to build electric cars. The venture aims to produce 400,000 electric SUVs each year....
SoftBank launches cybersecurity product based on OpenAI modelsThe "Patching as a Service" product will be rolled out in Japan through a joint venture established last November between SoftBank's dome...
YES Bank share price rises 3% on partnership with Northern Arc to extend lending offeringsYES Bank shares gained after the lender announced a strategic partnership with Northern Arc Capital. The collaboration aims to expand credi...
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...
Zerodha restarts referral programme; Nithin Kamath says over half of growth came through word of mouthZerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant g...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Nuvama Wealth receives final SEBI approval to launch mutual fund businessNuvama Wealth Management has received final Sebi approval to enter the mutual fund business through Nuvama Asset Management. The company pl...