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Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets
Situational, an AI-focused hedge fund run by former OpenAI researcher Aschenbrenner, sold the bulk of its stock bets to Citadel last month after heavy losses…
Crude oil prices head for second weekly gain as US steps up economic pressure on Iran
Crude oil prices are set for a second weekly gain, driven by US sanctions on Iran aimed at economic isolation. Brent crude prices surpassed $94.71…
Gold could top Goldman’s $4,900 forecast as options demand fuels rally
Goldman Sachs sees gold potentially exceeding its $4,900 year-end forecast as strong options demand, Western investor interest and central bank buying amplify price moves. Rising…
Symbiotec Pharmalab gets Rs 526 crore anchor backing ahead of IPO; Citi Group, Singularity among investors
Symbiotec Pharmalab has raised Rs 526.20 crore from anchor investors ahead of its Rs 1,757 crore IPO opening August 24. The pharmaceutical company has set…
HomeFirst Finance is funding ESG-rated homes, hopes it will attract sustainable capital
HomeFirst Finance is extending its ESG push to individual homes, co-developing green certification standards with IFC and onboarding over 600 such homes to attract sustainable…
India bond yields hit two-month high as rate hike fears intensify
India’s 10-year benchmark bond yield climbed to a two-month high of 6.88% before closing at 6.85%, posting its biggest weekly rise this fiscal. Hawkish MPC…
FIIs near historical lows: Jio BlackRock flags potential contrarian setup for Indian equities
Foreign investor positioning in Indian equities is nearing historical extremes, with FII flows showing early recovery after sustained outflows. Jio BlackRock says resilient domestic buying,…
Gold rallies to 3-month high on weaker dollar, bullish technicals
Gold prices soared to a three-month high on Friday, marking its third consecutive weekly increase. This rally was driven by a softer U.S. dollar influenced…
Accel, 2 others sell nearly 5% stake in Amagi Media Labs for Rs 587 crore
Accel, a leading global venture capital firm, along with two other parties, has divested nearly five percent stake in Amagi Media Labs. They sold over…
Online Instruments India gets Sebi approval to float IPO
Online Instruments has successfully secured Sebi approval for its initial public offering. The firm is set to issue new equity shares alongside an offer for…
Skyways Air Services IPO gets marquee backing, Citi, Nomura join Rs 174 crore anchor book
Skyways Air Services raised Rs 174.5 crore from anchor investors ahead of its Rs 582.80 crore IPO, opening August 24, 2026. The price band is…
