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Jensen Huang is bigger than Nvidia — and it’s a problemNvidia has initiated an investigation regarding CEO Jensen Huang after acknowledgment of a romantic involvement with a Chinese spy. This re...
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 croreIIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately ...
Resolven mobilises USD 900 million financing this yearResolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in...
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollarsBlackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...
Why does Pakistan keep getting IMF bailouts despite terrorism allegations? Gita Gopinath explainsWhy does the IMF continue to bail out Pakistan despite its repeated borrowing history and terrorism-related allegations? Former IMF deputy ...
IIFL Finance board to weigh Blackstone, Advent proposals for Rs 5,000 crore capital raiseIIFL Finance's board will consider separate investment proposals from Blackstone and Advent International for a nearly Rs 5,000 crore capit...
Succession planning: When a family breaks up, how does the business survive?If the next generation wants to preserve the family business bot not necessarily together, here’s how they can execute the split without im...
FCNR(B) interest bill to keep dollar hedging costs highAs a multibillion-dollar FCNR(B) interest bill escalates, Indian banks grapple with increased dollar hedging expenses. Recently, the Reserv...
State Bank of India expands US footprint with new branch in TexasState Bank of India expanded its banking subsidiary footprint in the United States with the inauguration of a new branch of SBIC Bank in Fr...
How a banking scandal is taking down Trump’s ally in ParaguayParaguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Pe...
- Ousted Paraguayan President Santiago Pena placed under house arrest after bank collapse; Pedro Alliana sworn in as sudden successor
Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse o...
- Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing ...
Developing countries' debt hit record $9.4 trillion in 2025: World BankMost of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising ...
Amagi, Shiprocket post profits; US polls’ impact on ITAmagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets extended their rally, with Sensex gaining 384 points to 77,301 and Nifty rising 150 points to 23,961, marking two-month high...
ED opens money laundering probe against Subhash Chandra in Rs 1,322 crore loan caseThe Enforcement Directorate has registered an ECIR against Essel Group chairman Subhash Chandra in an alleged Rs 1,322 crore loan fraud inv...
AU Small Finance Bank data leak: Salesforce says no vulnerability at its endSalesforce has stated no vulnerabilities were found concerning a suspected data leak at AU Small Finance Bank. The bank is investigating cl...
AU Small Finance Bank hit by a likely breach of 'limited' dataThe lender is investigating a potential breach of "limited data" pertaining to its vehicle-loan customers. The data was hosted on a third-p...
Can smaller manufacturers afford to export to new markets?Winning an international order is only half the battle for Indian MSMEs. Financing production, managing longer payment cycles and offering ...
AG Poly Packs merges Gujarat subsidiary as group revenue reaches Rs 300 croreAG Poly Packs Pvt. Ltd. is consolidating operations by merging its subsidiary AG Petuela Pvt. Ltd. into the parent company. This merger fol...