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India GCCs move from execution hubs to strategic centres as AI reshapes work, talent and workspaceIndia's Global Capability Centres (GCCs) are assuming control over product ownership and advanced tech initiatives. They are becoming key p...
Nifty price-to-book ratio hits 6-year low, but market may not be cheapThe Nifty's price-to-book ratio has slid below three for the first time in six years, showcasing the banking sector's struggles alongside r...
South Korea’s SK Hynix announces buyback after stock crashes 50% in two months, wipes off massive retail wealthSK Hynix announced a record 40 trillion won share buyback and cancellation after its stock plunged nearly 50%. South Korea’s Kospi also tum...
African proverb of the day: ‘Do not throw away the old bucket until you know whether the new one holds water’ - A timeless life lesson on giving value to what you have before making a changeProverb of the day: According to the African proverb, it’s wise to thoroughly test new pursuits while maintaining the strength of existing ...
ICICI Prudential Value Fund turns Rs 10.000 SIP to over Rs 2 crore in 22 yearsICICI Prudential Value Fund’s Rs 10,000 monthly SIP grew to ₹2.37 crore over 22 years, delivering 17.04% XIRR. A Rs 1 lakh lump-sum investm...
Tiger Global-backed broking firm Upstox said to plan India IPOUpstox is currently in talks with investment banks regarding a possible initial public offering. Backed by Tiger Global, the company plans ...
Investcorp acquires 20Cube 3PL SolutionsThe transaction involves the carve-out of the India contract logistics business from Singapore-headquartered 20Cube Logistics, which will c...
Rs 1.47 lakh MRP Apple iPhone 17 Pro Max available at Rs 77,800 on Flipkart; here's how to get this dealThe iPhone 17 Pro Max 256GB can cost Rs 77,800 on Flipkart using an exchange offer and bank discount.Flipkart has listed the iPhone 17 Pro ...
California woman donates $1 million to 100 public school teachers, bringing focus to plight of educators in one of America’s wealthiest countiesIn a heartwarming gesture, a woman from California has changed the lives of one hundred public school teachers by donating one million doll...
Milky Mist shares hit 10% upper circuit after market debut, rally 30% from IPO price. Should you buy, sell or hold?Milky Mist Dairy Food shares surged 10 per cent to hit the upper circuit at Rs 181.50 post-debut, marking a 30 per cent gain over its issue...
Should I sell my flat and invest to earn interest, or keep it and earn rent in my retirement?ET Wealth Reader's Query: I own a two-bedroom flat in Bengaluru, which is about 10 years old, and have no outstanding loan. I am a senior c...
Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
ICICI Bank overtakes HDFC Bank as top MF holding in July amid governance concernsICICI Bank now leads mutual fund portfolios, surpassing HDFC Bank in July. This shift reflects investor concerns over HDFC Bank's leadershi...
India’s next online grocery goldmine lies beyond the traditional routesThe shift in India’s e-commerce market is revealing a growing focus on value-oriented buyers from smaller towns. These consumers favor cost...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast: ReportWall Street is currently assessing Anthropic's valuation in light of its anticipated revenue growth for the upcoming IPO. The AI company fo...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecastAnthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financial...
Anthropic IPO valuation hinges on $190-200 billion 2028 revenue forecast, sources sayAs Anthropic prepares for its initial public offering, Wall Street is keenly evaluating the company's worth through the lens of its project...