Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
Mutual funds cut cash allocation by Rs 8,500 crore in August to Rs 1.82 lakh crore; ICICI Pru MF leads reductionAugust witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27...
Global Market: Bank of England seen holding rates as UK inflation climbsThe Bank of England is expected to hold its 3.75% benchmark rate for a sixth meeting despite UK inflation rising to 3.1% in August. Higher ...
US drone maker Powerus signs Pakistan Army MOU, gets initial orderUS drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...
Mukul Agrawal’s portfolio: Top 5 stock holdings and their one-month performanceHe publicly holds 72 stocks with a net worth of nearly Rs 7,910 crore, according to Trendlyne data.
Manus eyes $4 billion value in first round since Meta breakupThe planned $500 million financing round is set to close soon and would make the agentic AI pioneer China’s most valuable startup in its fi...
Inside Ron Baron's $66 billion portfolio: A SpaceX problem and a Tesla cushionRon Baron’s portfolio, valued at about $66 billion, is led by SpaceX, Tesla, MSCI, Arch Capital and Gartner. The holdings reflect a focus o...
EAM Jaishankar to visit Bhutan on Sept 16-17; hold talks with counterpart DhungyelExternal Affairs Minister S Jaishankar will visit Bhutan from September 16-17. He will hold bilateral talks with Bhutan's Foreign Minister ...
House panel votes unanimously to hold billionaire Leon Black in contempt over Epstein probeThe House Oversight Committee unanimously recommended holding billionaire Leon Black in contempt. He refused to comply with subpoenas seeki...
The public road beckons Tata SonsThe Reserve Bank of India rejected Tata Sons' application to surrender its core investment company registration. This decision forces the h...
Solar Industries shares crash 9% after acquisition of South Africa’s Omnia Holdings for Rs 12,951 croreSolar Industries shares fell sharply on Tuesday after the company announced the Rs 12,951 crore acquisition of South Africa’s Omnia Holding...
Solar Industries buys South Africa’s Omnia in $1.3 billion dealNagpur-based Solar Industries is acquiring South Africa's Omnia Holdings for $1.3 billion. This significant outbound deal aims to create an...
RBI proposes 60-day temporary debit hold on suspicious money mule transactions: Key things you need to know about RBI’s KYC directionsThe Reserve Bank of India has announced proposed regulations concerning money mule accounts, allowing banks to implement temporary debit ho...
Solar Industries to acquire South Africa’s Omnia for Rs 12,951 crore in biggest global expansion pushSolar Industries India will acquire 100% of South African chemicals company Omnia Holdings for $1.355 billion in cash, marking a major inte...
Tata Sons may be valued at steep discount of up to ₹12.5 lakh crore in IPOTata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16...
Advent, Temasek in talks for Fairfax stake in IIFL FinAdvent International and Temasek Holdings are reportedly in talks to acquire Fairfax Financial's stake. Fairfax is looking to exit IIFL Fin...
Is your MF holding too much cash? 4 reasons funds keep cash and when to worryMutual funds often hold cash to meet redemptions, gradually deploy large inflows, or wait for better investment opportunities. While 2–5% i...