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Revised common application form for FPIs notifiedThe government has notified a revised common application form for foreign portfolio investors (FPIs) to streamline registration and account...
US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources sayIn light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The S...
SpaceX crypto traders are betting on a $2.2 trillion valuationCrypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. ...
Lyft, Uber sue New York City to block driver retention lawBoth companies are challenging Local Law 52 of 2026, which generally prevents large ride-sharing companies from swiftly dismissing driver...
Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicideA Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...
RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...
South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
India, US trade pact can be finalised after conclusion of Sec 301 investigations: OfficialIndia and the US are nearing the completion of their interim trade agreement's first phase. This crucial step hinges on the conclusion of A...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
SpaceX IPO: rockets, AI losses and Musk in controlSpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. The sky-high valuation for SpaceX...
US Supreme Court upholds SEC in fight over 'disgorgement' powerThe justices, in a 9-0 ruling, upheld a lower court's decision that had endorsed a wide use of the SEC's disgorgement authority. President ...
US SEC, Elon Musk defend 'compromise' settlement over Twitter purchasesMusk called the settlement a fair, adequate and reasonable resolution where "each side gave something up and each side gained something,"...
SEC defends Musk settlement over Twitter, saying it reflects 'compromises'In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publi...
Crypto exchange Binance rolls out trading in US stocks, ETFsBinance has expanded its offerings beyond cryptocurrency, launching stock and exchange-traded fund trading for its users. Customers can now...
Nasdaq gets SEC nod to list Bitcoin index options. Here’s why it mattersThe SEC has greenlit Nasdaq's Bitcoin index options, a significant move integrating Wall Street with digital assets. These cash-settled, Eu...