BELA FASHION

Apple commits over $30 billion to Broadcom to produce billions more US chips

Apple has announced an expansion of its partnership with Broadcom, involving over $30 billion in investments. This agreement will facilitate the production of 15 billion…

Kusumgar IPO: Issue received a solid response on Day 01, booked 3.7 times; GMP signals bumper listing

Kusumgar Limited's IPO saw robust interest on its first day, subscribing 3.67 times with 3.99 crore shares bid against 1.08 lakh available. Non-institutional investors led…

HSBC drops 'overweight' call on EM equities on AI spending fears

HSBC has reassessed its position on emerging markets equities, shifting to an 'overweight' stance due to rising volatility in Asian markets and ongoing concerns about…

RBI reiterates push for crypto 'prohibition', cites financial risks and tax evasion

Several key government agencies continue to favour stricter controls on virtual digital assets, even as India has not yet finalised a clear regulatory framework for…

Quote of the day by Henry Singleton: "Our accounting is set to maximize cash flow, not reported earnings. Smoothing reported earnings just has to take a backseat"

Henry Singleton emphasized cash flow over reported earnings for business success. Sustainable businesses generate strong cash, not just accounting profits. Management should focus on economic…

Nuvama, Cushman & Wakefield-backed realty fund raises Rs 4,000 cr

The NCW real estate fund has triumphant news as it successfully closes its PRIME Offices Fund at a hefty Rs 4,000 crore. This collaboration between…

US stock market today: Dow, S&P 500 futures drop up to 1% as oil rally and Middle East risks hit sentiment

US stock futures indicated a weak start on 8 July amid rising crude oil prices and tensions in the Middle East. S&P 500 futures fell…

Dow Jones| Nasdaq | US Stock Market Today | Live: US stock futures tumble as Trump says Iran deal is 'over', oil climbs

India's 10-year bond logs worst day in 3 months on faltering Iran deal

India's benchmark bond faced a dramatic decline, its most significant drop in over three months, primarily driven by a surge in oil prices linked to…

Oil jumps over 6% as Trump declares Iran ceasefire, MoU effectively over

The US has reinstated sanctions on Iranian oil and launches fresh strikes, reviving fears of disruption in the Strait of Hormuz and raising fresh concerns…

Sebi amends rule for foreign investors, directs registration fee payment in Indian rupee

Sebi has announced a modification to its foreign investor registration fees, shifting to a rupee-based model effective in six months. This adjustment stipulates that Category-I…