Category: Business
Government’s OFS for up to 6% in Hindustan Copper opens for institutional bidders
The government’s Offer-for-Sale (OFS) for up to 6 per cent in Hindustan Copper at a floor price of ₹514/share began on bourses on Tuesday as…
Sensex, Nifty open lower amid US-Iran sanction war
Benchmark equity indices Sensex and Nifty opened lower on Tuesday, August 25, amid intensifying geopolitical tensions, primarily due to the fresh US sanctions on Iran….
A not-so-sweet surprise: How India went from a year of possible sugar glut to shortage & high prices ahead of festivals
Buying a packet of sugar in any of the major metros today will set you back by roughly 40% more than a fortnight ago. The…
Stock market today: S&P 500, Nasdaq fall as Nvidia, chip stocks slide; Dow rises
US stocks were mixed on Monday. The S&P 500 fell 0.3%, while the Nasdaq Composite dropped 0.6%. The Dow Jones Industrial Average gained 142 points,…
Strategy raises $2 billion, builds $1.59 billion cash pool as Michael Saylor pauses Bitcoin buying
Strategy has raised about $2 billion in fresh cash by selling common shares over the past week. The company is building a larger cash buffer…
Alibaba stock plunges 8.5% after $10.2 billion AI fundraise; top bosses buy shares
Alibaba Group has raised HK80$ (10.2 billion) through a new share sale in Hong Kong. The money will be used entirely to expand the company’s…
Lalithaa Jewellery Mart shares end nearly 24 pc higher in market debut trade
Shares of Lalithaa Jewellery Mart on Monday ended with a premium of nearly 24 per cent against the issue price pf ₹201. At the NSE,…
Why did stock futures slip? Treasury yields, Iran war fears weigh on Wall Street
Stock futures slipped early Monday as investors remained worried about rising Treasury yields and a weak stock market last week. Dow Jones Industrial Average futures…
Gold prices remain high in India; check 22K, 24K rates in Mumbai, Delhi, Bengaluru
Gold prices remained high in India on Monday, August 24, with 24-carat gold priced at ₹1,62,289 per 10 grams and 22-carat gold at ₹1,48,656.72 per…
Anthropic $2 trillion IPO: Why investors think it could be worth more than SpaceX
Anthropic, the artificial intelligence company behind Claude, could be valued at $2 trillion when it goes public, according to some investors. That would put Anthropic…