MODERN RUGS

The FII U-turn nobody noticed: These 6 stocks became multibaggers

Who is Prabhjeet Singh? IIT-IIM alumnus and Uber veteran named OpenAI's India MD

OpenAI has appointed Prabhjeet Singh as Managing Director for India. His experience includes leadership at Uber and a strong educational background. 

Anthropic's lowest-paid H-1B hire still earns over ₹1 crore, filings show, as its top techie gets ₹13.06 crore

New H-1B filings reveal Anthropic's pay bands, from ₹1.07 crore to ₹13.06 crore in base salary, as the AI lab races Meta, Google and OpenAI…

Ashok Vaswani to step down as Kotak Mahindra Bank CEO after 31 December

Kotak Mahindra Bank has initiated the process for the appointment of a new MD and CEO.

Oracle layoffs: 500 more employees lose their jobs — What we know about the affected departments

Oracle has laid off around 500 employees in Romania as part of a global restructuring strategy focusing on cloud and AI. This marks the second…

Persistent Systems makes its biggest bet yet with $1.3 billion Nagarro deal

The acquisition would reorder India's IT rankings, propelling Persistent to the seventh spot in India's IT pecking order. 

Apple's Vision Pro hardware chief quits, joins OpenAI to build AI devices: Report

Apple's Paul Meade, head of Vision Pro and smart glasses, is departing to join OpenAI's hardware division. 

Companies should focus on business growth, profitability rather than just share price: NSE chief

NSE MD and CEO Ashish Chauhan urged companies to prioritize building sustainable businesses and long-term value over solely chasing share prices. He emphasized that market…

Indian issuers hold dollar bond plans amid demand for higher yields

Indian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from India. Recent deals show…

Dalal Street Week Ahead: Nifty to test crucial 24,500 level; breakout may define next trend

Indian markets navigated a subdued week, ending with modest gains as Nifty hovered near a crucial resistance zone between 24,160 and 24,500. Technical indicators suggest…

Turtlemint Fintech IPO GMP signals discounted market debut on 29 June; check subscription and other details

Turtlemint's IPO, open from June 19 to 21, was subscribed 0.68 times. It aims to grow its tech capabilities and brand presence with the raised…