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Jio’s mega IPO draws strong interest from global fundsInvestors that have shown interest in the anchor book include the Government of Singapore Investment Corporation (GIC), Fidelity, Norway's ...
AI 'most consequential change' to US and global economies in my lifetime: Fed Chair Kevin WarshFederal Reserve Chair Kevin Warsh called artificial intelligence the most consequential change to the US and global economies in his lifeti...
Hold Your Horses, Bulls Will Come: What should investors do as oil prices, AI frenzy weigh on Indian stock marketCurrent market conditions show frustration with declining indices, impacting both domestic and foreign investors. The simultaneous rise in ...
- Market selloff, rising rates test AI data centre deal boom
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
Early Diwali dhamaka: With the IDBI strategic sale to Fairfax, GoI has taken a giant step in the disinvestment pathwayIDBI Bank's sale as part of a disinvestment strategy provides ₹26,000 cr to the government during economic challenges. Government of India ...
ICICI Life bets on women advisors, plans 20,000 hires by FY27ICICI Life Insurance plans to recruit 20,000 women advisors across India by the end of FY2027 under its Narishakti initiative. Women curren...
Jio Platforms files red herring prospectus for India’s biggest public issueJio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh...
Bank of America consumer retail M&A banker Peacock to leave, sources sayRichard Peacock, a veteran banker in consumer and retail M&A, is leaving Bank of America. He has been with the bank for over a decade. Earl...
PM Modi woos global investors, says India believes in 'Power to Empower'The Prime Minister told the gathering of business leaders from India and abroad that the country has seen inclusive growth at a steady pace...
Sebi extends IPO-size flexibility on the back of soaring primary market activitySebi has extended the IPO relaxation allowing companies to revise fresh issue sizes by up to 50% without filing a new draft red herring pro...
AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
- Bank of America loses bankers, tells staff of big ambition, continued hiring
Recent high-profile exits at Bank of America, such as banker Amy Lissauer, have sparked concerns about the institution's future. Once a lea...
Scindia calls for faster tailored credit flow to Northeastern states at bankers' conclaveDuring a recent gathering at Mizoram University, Union minister Jyotiraditya Scindia urged financial institutions to provide credit solutio...
Banks seek clarification on implementation of RBI forex measuresIndian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance o...
RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
Who is Geoff Ogunlesi? Tobey Maguire’s ex-wife Jennifer Meyer marries billionaire heir in Hawaii, with actor officiating the weddingJennifer Meyer tied the knot with Geoffrey Ogunlesi in a beautiful ceremony in Hawaii on October 10, with her ex-husband Tobey Maguire offi...
Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
RBI’s sell-buy swaps slow rupee’s fall but push up forward premiums, making hedging costlier for foreign investorsThe Reserve Bank of India is engaged in dollar sell-buy swaps to stabilise the rupee's value. However, this has resulted in higher forward ...
SP Group unit raises $460 million in rupee debt to repay loansEqyizen Investment, a subsidiary of the Shapoorji Pallonji Group, has successfully secured 44.5 billion rupees through the issuance of zero...
Investment banks earn Rs 2,274 crore from 81 mainboard IPOs in 2026During the initial nine months of 2026, investment banks generated fees totaling ₹2,274 crore by managing 81 mainboard IPOs. This figure sh...