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B2B manufacturing startup Scimplify raises $25 mn led by Hitachi Ventures
The fresh capital will be used to expand Scimplify’s research laboratories, deepen its presence in US and Europe, and strengthen its in-house AI platform SciNode.
India homecoming: The Hyderabad-born man behind Fairfax, the Canadian powerhouse that has bought IDBI
Prem Watsa, who moved from Hyderabad to Canada at 22 with $8, built Fairfax Financial into a global insurance and investment group. Now valued at…
Crude oil prices above $100 a barrel: Why HPCL, IOCL and BPCL could face earnings pressure, experts decode
Crude prices above $100 a barrel could squeeze Indian state-run oil marketers’ margins if petrol and diesel prices remain unchanged. HPCL faces the greatest earnings…
LTCG, STT taxation: A tweak or removal? What’s feasible? Ace investors Shankar Sharma, Rohit Srivastava say this
Experts and investors have been advocating for the removal of LTCG ever since it was reintroduced in 2018. However, at the current juncture, the government…
Dow Jones| Nasdaq | US Stock Market Today | Live: US futures turn negative after Sept inflation data; banks stocks in focus
India bonds sink deeper on RBI commentary, inflation concerns
Indian government bonds are currently facing notable losses, pushing the 10-year yield to its highest since March 2023. This downturn comes in the wake of…
Dynamatic Technologies among 7 stocks hitting 52-week highs; rally up to 32% in a month
Seven BSE 1000 stocks touched fresh 52-week highs despite the Sensex closing lower on Wednesday. West Coast Paper Mills led the list with a 32%…
Top 2 stocks to buy for short-term: Sagility, Rain Industries by Nagaraj Shetti - Check stop loss, targets
The Nifty 50, Sensex retreated on Wednesday, giving back some of Tuesday’s gains amid higher oil prices and continued foreign outflows. Market analysts said Nifty…
Sebi proposes market cap-based SME IPO norms, seeks public comments on regulatory overhaul
Sebi has proposed a sweeping overhaul of SME IPO regulations, including market capitalisation-based eligibility thresholds, higher profitability requirements, lower minimum application values and changes to…
Jio IPO puts its ambitions beyond telecom to the test
Jio transformed India’s telecom market with cheap data. Now, as it seeks a $115 billion valuation, can its AI, digital services and satellite ambitions deliver…
Market wrap: Nestle India, Infosys, Shriram Finance, HDFC Life top gainers and losers on Nifty and Sensex on Wednesday
Indian equities closed lower on Wednesday as investors booked profits ahead of key US inflation data. The Nifty 50 fell 0.44% to 22,623, while the…
