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PUBLIC SECTOR FIRM
PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...- Americans wary of AI-driven data center boom, Reuters/Ipsos poll showsAmericans are not happy with the fast building of data centers for AI. Most people do not want these centers in their neighborhoods. They w...
- NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniThe National Company Law Tribunal (NCLT) has admitted State Bank of India's plea to initiate personal insolvency proceedings against Anil A...
- Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not...
- AI gold rush upends San Francisco housing marketIn San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and f...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
- UK reviewing Palantir's NHS contract amid pressure to use break clauseBritain is reviewing a major contract with American firm Palantir for the National Health Service. The government must decide by early 2027...
- RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- Education policy failure is being dressed up as innovation, employer abdication as a skills gapIndian universities are failing to equip graduates with needed skills. Private firms now offer expensive courses, creating a barrier for ma...
- RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
- PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Donald Trump says his team will 'look into' US taking stake in AI companiesDigital news outlet NOTUS reported on Thursday that senior U.S. officials held preliminary discussions with AI companies about the potentia...
- Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...
- PE wars to billion-dollar IPO dreams, hospital sector is fighting fitMajor private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...
- EU wants to favour European firms for most sensitive cloud, AI contractsThe EU on Wednesday proposed favouring European companies in public contracts for cloud computing and AI services in the most sensitive sec...
- Anthropic leads new wave of tech listings as AI sector captivates investorsAI firm Anthropic is preparing for a major stock market debut. The company has filed confidentially for an initial public offering in the U...
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