AI-led hiring models will absorb lessons from India: LinkedIn’s Hari Srinivasan

Anthropic IPO: What should investors consider when valuing the AI company? Aswath Damodaran explains

Anthropic is on track for an IPO expected in mid-November, reporting impressive revenues of $16.3 billion. However, the company faces a staggering net loss of over $80 billion for the year. Valuation expert Aswath Damod...

Growth, value stocks set for reshuffle as S&P adopts new rules

GRO

Growth, value stocks set for reshuffle as S&P adopts new rules

S&P Dow Jones Indices will soon change its rules for classifying growth and value shares. The new criteria will incorporate intangible assets, forward earnings, and free cash flow instead of relying on 12-month price mo...

5 world market themes for the week ahead

5WO

5 world market themes for the week ahead

An important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companies, including Alphabet, Amazon, and Microsoft, are set to report their earnings....

IndusInd Bank posts Rs 1,242 crore net profit on lower provisions

IND

IndusInd Bank posts Rs 1,242 crore net profit on lower provisions

IndusInd Bank reported an impressive consolidated net profit of ₹1,242 crore for the September quarter, marking a robust recovery from the previous year's loss of ₹437 crore. This turnaround stems from decreased provisi...

Friday blockbuster for Jio IPO: Rs 7.4 lakh crore bids, 22x subscription

FRI

Friday blockbuster for Jio IPO: Rs 7.4 lakh crore bids, 22x subscription

Jio Platforms has experienced a surge in demand for its initial public offering, garnering roughly ₹7.41 lakh crore in bids. The subscription soared to 22.19 times, mainly due to robust involvement from institutional in...

RBI net forex buys hit a record $43 billion in August, balances it with swaps

RBI net forex buys hit a record $43 billion in August, balances it with swaps

The Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significant dollar inflows from the FCNR(B) scheme and overseas borrowings. Despite the ne...

US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet

USM

US Markets Today: Dow ends 600 pts lower as AI doubts persist ahead of Fed meet

US stocks ended lower after a turbulent week as fresh doubts over the AI trade weighed on sentiment. The Dow fell 1.25%, while the S&P 500 and Nasdaq also declined. Investors turned their focus to major earnings from Al...

EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26

EAA

EAAA India Alternatives mops up Rs 360 crore from anchor investors; IPO opens on Oct 26

EAAA India Alternatives has successfully raised approximately Rs 360 crore from anchor investors prior to its IPO. This IPO is set to open for public subscription on October 26. The company will not receive any proceeds...

RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy

RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy

India's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures have intensified due to geopolitical tensions and supply-side bottlenecks. The RBI...

RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons

RBI governor reiterates listing requirement for top NBFCs as focus intensifies on Tata Sons

India's central bank governor said on Friday non-bank finance companies classified in the upper layer are required to list on the stock market, reiterating the Reserve Bank of India's stance on the listing of Tata Sons...

Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more

JIO

Jio IPO breaks 12 records: Rs 4.5 lakh crore bids, highest applications and more

Mukesh Ambani’s Jio Platforms IPO attracted bids exceeding Rs 4.5 lakh crore, setting 12 records, including over 1.25 crore applications. Institutional and retail participation surged, making it India’s largest public o...

RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay Malhotra

RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level for the rupee against the US dollar, stressing that its primary objective is to en...