Category: Business
‘Eager to see…’: Ashneer Grover on fallout of Silicon Valley Bank collapse
BharatPe co-founder Ashneer Grover on Sunday said he was eager to see how many venture capitalists lose their jobs in wake of the Silicon Valley…
Modi minister to meet Indian startups affected by Silicon Valley Bank collapse
Union Minister Rajeev Chandrasekhar will meet this week with Indian startups affected by the abrupt closure of troubled Silicon Valley Bank (SVB) to understand the…
Adani shares block deal helps infuse over ₹13,500 cr FPIs investment in March
Reversing their selling trend, foreign investors have infused over ₹13,500 crore in the Indian equities so far this month primarily driven by bulk investment from…
Petrol and diesel rates today March 12: What are the rates in your city?
Petrol and diesel rates stayed the same on Sunday, continuing an eight-month trend of price stability. Delhi charges ₹96.72 for a litre of petrol and…
Silicon Valley Bank collapse: Here’s why it’s not 2008 again
The financial institution best known for its relationships with high-flying world technology startups and venture capital, Silicon Valley Bank, experienced one of the oldest problems…
Infosys president Mohit Joshi resigns, joins rival Tech Mahindra
Tech Mahindra appointed former Infosys President Mohit Joshi as Managing Director and Chief Executive Officer (CEO) on Saturday, the company informed in a regulatory filing….
A week of mayhem: Two US banks collapse back-to-back, are more failures looming?
On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the…
Silicon Valley Bank collapse: What we know so far about failed US lender
The collapse of a lender little-known outside of Silicon Valley is reverberating around the startup world and deepening uncertainty within the financial industry. On Friday,…
Silicon Valley Bank had negative balance of $US 958 million end-of-day Thursday
Investors and depositors tried to pull $42 billion from Silicon Valley Bank on Thursday in one of the biggest US bank runs in more than…
Silicon Valley Bank collapse: Who is Greg Becker? 5 points
Silicon Valley Bank (SVB) has become the biggest United States lender to collapse – seen as the largest failure of a financial institution since the…