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Tata Power approves ₹11,871 crore pumped storage project in Maharashtra

The 1.8 GW project at Shirwata is expected to be completed in 51 months, as the company steps up investments in power generation, renewable energy…

Who is Akhilendra Kumar? Meet new CEO of Unacademy as Gaurav Munjal to become Executive Chairman - Profile of leaders

Praising his successor, Munjal described Kumar as “one of the sharpest operators” he knew and said he was proud to have him lead the company…

Baird downgrades Nvidia on China curbs, AI demand worries

Baird downgraded Nvidia's stock and cut its price target significantly due to various market risks. Concerns over US restrictions on chip sales to China have…

Singapore Airlines backs Air India despite billion-dollar losses

Transformation, including profitability, will take time, Singapore Airlines reiterates while announcing September-quarter results

EasyJet shareholders approve £5.7 billion Apollo takeover

EasyJet's shareholders voted to approve a £5.7 billion takeover by Apollo on Wednesday. This decision marks a major step towards removing EasyJet from the London…

Nifty 50 target: Index in sweet spot? 28,000 soon? HSBC, Citi and Bernstein raise targets after sharp 13.5% recovery

Citi raised its Nifty 50 target to 28,000, while HSBC upgraded Indian equities to overweight and Bernstein lifted its target to 26,100.

India to switch bonds worth 250 billion rupees next week

On November 16, the Reserve Bank of India will initiate a significant switch auction worth 250 billion rupees. This maneuver involves replacing six bonds that…

Dollar firms as hot inflation, hawkish Fed talk lift rate-hike bets

The US dollar has gained against multiple currencies due to expectations of Federal Reserve interest rate hikes. Inflation data revealed an increase in consumer prices,…

Nasdaq futures rise nearly 2% as CoreWeave earnings calm AI spending fears

Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the…

Nasdaq surges 1% at open as CoreWeave earnings lift AI trade: Stock Market Live Updates

Fairfax Financial likely to exit IIFL Finance, sources say

Canada's Fairfax Financial Holdings intends to divest its nearly 11% stake in IIFL Finance soon. The sale aims to raise funds for acquiring a significant…