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Law firms hired by HDFC Bank find no basis for governance doubts raised by former chair Chakraborty
With the legal review out of the way, HDFC bank’s board is likely to take a call on chief executive Jagdishan’s reappointment
Gold, silver rates today: Comex gold extends rebound above $4,100; silver gains for second day as dollar weakens
Gold and silver prices increased for the second day, aided by a weaker US dollar. Gold rose to $4,111, despite continuing a decline, while silver…
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'
The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guidance on monetary policy. Gourinchas stated that…
Crude oil prices tumble 5% as Strait of Hormuz traffic rebounds; Brent plunges 20% in June
Brent crude prices plummeted to $72 as supply concerns eased with resumed shipping through the Strait of Hormuz. The weekly decline reaches 10%, while June…
Silver Consumer Electricals concludes Rs 150 cr pre-IPO secondary share sale
Silver Consumer Electricals, renowned for its pumps and motors, has successfully raised Rs 150 crore through a pre-IPO secondary share sale. A 2.59% stake was…
Fidelity Investments buys 2 pc stake in Lodha Developers for Rs 1,864 crore
Fidelity Investments has strategically acquired a 2% stake in Lodha Developers, amounting to Rs 1,864 crore, through open market operations. The acquisition involves nearly 2…
Can an OpenAI IPO delay derail the AI chip rally? Here's why it matters
A potential delay in OpenAI's IPO has triggered selling in global technology stocks, impacting major players like SoftBank. As concerns over AI investment returns grow,…
BEML shares to be in focus on Monday after securing additional $5.35 million Middle East export order
BEML Ltd. secured a $5.35 million export order, raising its contract total to $41.73 million. The company's international order book reached $112.35 million. Despite record…
US stocks Today | US stocks open lower as chip stocks resume slide
Indian markets witnessed a dip on Friday, with technology stocks, particularly chipmakers, facing renewed selling pressure. Investors are now scrutinizing the elevated valuations of these…
OpenAI may push IPO to next year: What's behind the delay?
OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared…
Volkswagen plans up to 100,000 job cuts and possible plant closures
Volkswagen AG plans to cut up to 100,000 jobs and close four German factories as part of CEO Oliver Blume's strategy to enhance competitiveness.

