Will OpenAI’s IPO create the biggest AI market rally yet?
New Delhi: AI could be on a significant turning point after the firm behind ChatGPT, OpenAI, broached the canopy of confidentiality to talk about a U.S. Initial Public Offering (IPO)...
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Wipro announces ₹15,000 crore share buyback, its first move in...
Bengaluru: Information technology (IT) powerhouse Wipro Limited has announced the launch of a massive share buyback plan, buying back about ₹15,000 crores of shares with a price of about ₹250...
Is the AI boom going bust? Asian markets fall due...
Seoul: The unstoppable rally in artificial intelligence (AI) stocks has started to end, with tech focused Asian markets in South Korea and Taiwan declining due to a decline in AI-...
8 most anticipated IPOs in history, and how they’ve fared...
With the world’s hopes and aspirations squarely on the public issues for OpenAI, SpaceX and Anthropic, the global markets have seen similar instances where highly successful companies or those with...
RBI tightens rules for stock trading financing, broker margins to...
New Delhi: The Reserve Bank of India (RBI) has confirmed it will be enforcing stricter lending norms for stock trading financing from July 1 as they look to discourage unrestricted...
SpaceX’s IPO sees intense interest, share price to be capped...
Elon Musk’s rocket and satellite company, SpaceX, is all set to go public on Wall Street on June 12, with 555.6 million shares worth $75 billion on offer. Besides this,...
RBI Says No Gold Was Sold as Value of Reserves...
New Delhi: India’s gold reserves have recently declined, raising questions about whether the Reserve Bank of India (RBI) has sold a portion of its holdings. Now, RBI Governor Sanjay Malhotra...
Sterlite Technologies rides the AI wave! Rallies 500% in 6...
Mumbai: The global Artificial Intelligence (AI) boom has ignited a massive stock rally for those involved in the ecosystem, and one obscure Indian company is amongst them. Vedanta-based optical fibre...
Explained: How foreign firms used India’s IPO boom to repatriate...
India’s stock market is seeing a churn that balances hope on one end (domestically) with opportunity on the other (by foreign investors). With a record 373 companies going public in...
Kuku FM files for a confidential IPO, set to raise...
New Delhi: Digital content platform provider Kuku Technologies (popularly known as Kuku FM) has filed a confidential Draft Red Herring Prospectus (DHRP) as it looks to strengthen its position in...
