Market News
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Bust or boom ahead? Here's why Warren Buffett successor's $10 billion bet on big tech has divided experts
Warren Buffett's successor and Berkshire Hathaway CEO, Greg Abel faces scepticism about his investment strategy using the company's massive $400 billion cash pile, amid AI concerns and recent purchase of Alphabet stock.
Dilip Buildcon says heavy rain, not construction lapses, led to Kerala tunnel incident
The infrastructure company said the Kerala tunnel project was being carried out in line with all engineering, safety and environmental norms, attributing the incident to exceptionally heavy rainfall while pledging full cooperation with the investigation.
CCI Clears UpGrad's Proposal To Buy Stake In Unacademy Parent Sorting Hat Tech
The approval comes nearly four months after Unacademy co-founder and Chief Executive Officer (CEO) Gaurav Munjal announced that both companies had signed a term sheet for upGrad to acquire Unacademy in a 100% share swap deal.
Amazon aims to raise $25 billion from bond sale, Bloomberg News reports
Amazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolstering the company's burgeoning investments in artificial intelligence infrastructure. As the tech landscape evolves, major players such as Meta and Alphabet have also turned to debt markets to fuel their AI ambitions. The funds raised will primarily address corporate needs and manage impending debt obligations.
AI Crash Loading? E2E, Black Box, Netweb Slump Up To 10% As Investors Retreat Globally
AI-linked stocks tumble as global tech sell-off sparks fresh valuation concerns.
EMS emerges lowest bidder for ₹158 crore Delhi Jal Board sewerage project
Shares of EMS Ltd ended at ₹402.70, down by ₹16.10, or 3.84%, on the BSE.
E20 Panic Unwarranted? Chennai Race Car Tuner Clears Air On Engine Damage Claims
The race car tuner said ethanol's higher octane rating can improve combustion characteristics.
Eternal shares could hit new record highs, Motilal Oswal projects backed by these factors
As Eternal expands beyond food and quick commerce into the wallet share of the affluent urban consumer, Motilal Oswal believes District presents meaningful optionality and could contribute $125 million to its EBITDA by FY30.
BSE SME Atharva Poly-Plast moulds a strong market debut
Kratikal Tech traded at Rs 72.45 on the BSE, a 20.75% premium to the issue price of Rs 60.
Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%
In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.
GIFT City partners with Vietnamese financial institutional firm to exchange knowledge and signs multiple MoUs
GIFT City partnered with Vietnam's VIFC-DN to share financial hub development knowledge. This collaboration will focus on financial services and digital innovation. The Indian financial center also signed MoUs with Tata Communications. These agreements aim to boost GIFT City's appeal for global businesses. Additionally, CEPT University will collaborate on research and urban planning initiatives.
FMCG sector Q1 results preview: Healthy topline growth likely, margin to be resilient despite inflation pressure
FMCG sector Q1 results preview: FMCG companies are expected to report healthy revenue growth in Q1FY27, on account of steady volume growth amid stable demand conditions and timely price hikes. Both rural and urban demand are expected to have remained resilient, with no major divergence.