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Microsoft shares head for worst month since 2000 as AI concerns wipe out $570 billion
Microsoft shares are heading for their worst month since 2000, falling 17% in June as concerns over heavy AI spending and delayed returns erased $570…
Volkswagen layoffs: Work council says European carmaker cannot scrap job until 2030 amid 1 lakh job cuts plan
Volkswagen's proposal to shut four German factories and cut up to 100,000 jobs is facing opposition from employee representatives. The works council insists the employee…
Yes Bank to raise up to $1.7 billion via equity, debt issue
Yes Bank is poised to raise up to ₹160 billion through a strategic mix of equity and debt offerings. The board has approved an equity…
US stocks today: US stocks open higher as US, Iran halt attacks
Wall Street's main indexes opened higher on Monday as easing tensions in the Middle East lifted sentiment following days of hostilities between the U.S. and…
Eswari Global Metal Industries files papers for Rs 1,100-1,300-cr IPO
Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore.…
BSE announces change in licensing requirements for market data products from Jan 2027
BSE Ltd has announced a significant transition in its management of international licensing for market data products, effective January 1, 2027. This move sees BSE…
Himadri Speciality Chemicals bets big on EV battery materials with 100 GWh manufacturing facility
Himadri Speciality Chemicals plans to establish India's largest battery materials manufacturing facility, expecting a revenue boost of ₹30,000 crore over five years. The 100 GWh…
Quote of the day by Dean Williams: "The reason for dwelling on the virtue of simple investment approaches is that complicated ones, which can’t be explained simply, may be disguising a more basic defect. They may not make any sense"
Dean Williams' wisdom highlights a crucial investment principle: if a strategy can't be explained simply, it might hide fundamental flaws. Complex financial jargon can mask…
Omaxe to invest Rs 6,200 cr to build 19 hotels in 5 states
Omaxe, a key player in real estate development, has announced a bold initiative involving a Rs 6,200 crore investment over five years to create 19…
Puravankara aims Rs 1,000 cr revenue from 6.4 acre housing project in Bengaluru
Puravankara is embarking on an ambitious 6.4-acre residential project in Bengaluru's Sarjapur neighborhood, with projected earnings of Rs 1,000 crore. This project, developed through a…
India bonds rise as US-Iran halt strikes; monsoon risk limits gains
Indian bonds have surged for the fifth straight session, fueled by easing U.S.-Iran tensions and robust foreign investment. The 10-year yield has fallen to its…
