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Jio IPO, AI push to aid RIL's next growth leg: S Meena, Swastika Investmart
The AGM reinforces Reliance's transition from traditional energy to a tech-energy-retail powerhouse. The Jio IPO is the near-term catalyst for value unlocking
RIL AGM Highlights: Five drivers for future growth
Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.
Target Corp leases 8.3 lakh sq ft office space in Bengaluru for 10 years
US retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Embassy Manyata Business Park. This long-term lease, valued at approximately Rs 1,250 crore, highlights the growing presence of global capability centers in India's tech hub. The deal underscores sustained demand for Grade A office spaces in Bengaluru.
Sonata Software Ltd leads gainers in 'A' group
Va Tech Wabag Ltd, Dr Lal Pathlabs Ltd, MMTC Ltd and Hindustan Construction Company Ltd are among the other gainers in the BSE's 'A' group today, 16 June 2026.
Panacea Biotec Ltd leads losers in 'B' group
Agri-Tech (India) Ltd, Orbit Exports Ltd, Shardul Securities Ltd and Creative Eye Ltd are among the other losers in the BSE's 'B' group today, 10 June 2026.
Asian markets slump after latest escalation between US and Iran leads to oil spike
Asian stocks and tech shares fell after US strikes on Iran, oil rose, the dollar strengthened, defensive S&P 500 sectors gained, and focus turns to the US inflation report
The AI trade trap: Why successful tech stocks are triggering a trillion-dollar market meltdown in Korea, Taiwan
A sharp tech selloff exposed concentration risks in Asian markets, where chip giants such as TSMC, Samsung and SK Hynix dominate benchmarks. As their rapid gains pushed portfolio weights beyond risk limits, active fund managers were forced to sell despite strong fundamentals. The unwind triggered market volatility, accelerated fund outflows and intensified the shift from active to passive investing.
Asia markets tumble as tech rout deepens
Asian markets experienced a sharp downturn as the AI rally cooled, with South Korea's KOSPI halting trading after a significant drop. Investors are now weighing the impact of potential Federal Reserve rate hikes and upcoming inflation data. Meanwhile, escalating Middle East tensions pushed oil prices higher, while the dollar strengthened against the yen.
Wall Street's Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead Of SpaceX IPO
SpaceX is arriving into a market overflowing with competing ways to express risk
Goldman Sachs India global centre chief Gunjan Samtani to retire by end of 2026
Gunjan Samtani, co-chairman of Goldman Sachs India and head of its India global center, will retire by year-end after 16 years. Ken Castelino and Balaji Sivasubramanian have been appointed as co-heads to succeed him, overseeing the bank's tech and operations center in India.
Marvell Tech shares soar 23% in premarket trading after Nvidia CEO calls it ‘the next trillion-dollar company’
Marvell Technology shares surged 27% in premarket trading, following predictions of becoming a trillion-dollar company. Year-to-date, shares have risen 158%, boosting market capitalization to nearly $192 billion, amid growing AI demand and strategic investments from Nvidia.
Japanese stocks rally on ceasefire hopes and strong data
Domestically, Japans retail sales grew at the fastest pace in a year, while industrial production unexpectedly rose, adding to the positive momentum. Tech and electronics stocks led the gains, with Kioxia up 7.5%, SoftBank Group rising 5.1%, Murata Manufacturing advancing 12.7%, Taiyo Yuden gaining 13.9%, and Ibiden Co climbing 16.5%. For the month, the Nikkei gained 11.88% and the Topix 6.17%, driven largely by renewed enthusiasm around artificial intelligence.