Latest Updates Around The World
Auto components maker Shriram Pistons and Rings (SPRL) has raised Rs 1,000 crore from a group of mutual fund investors to finance its Rs 1,670 crore acquisition of Spanish company Groupo Antolin’s local entities, people familiar with the fundraising told ET.The money was raised through the issuance of two separate sets of non-convertible debentures (NCDs), […]
Netflix rose more than 9% on Friday as investors cheered the decision to drop out of the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets.Netflix declined to match Paramount’s latest offer of $31 per share or increase its $27.75 per share offer for Warner […]
The Singapore government and HDFC Mutual Fund on Friday acquired promoter stakes worth Rs 1,485 crore and Rs 1,100 crore in Vishal Mega Mart, respectively, through separate bulk deals. The Monetary Authority of Singapore also emerged as a major buyer, buying shares worth Rs 858 crore in the supermarket-to-fashion retailer.Promoter entity Samayat Services LLP has […]
Shares of Dell Technologies rose 17.5% on Friday after the company forecast that revenue from its AI server business will double in fiscal 2027, underscoring rising demand for artificial intelligence infrastructure.Investors also cheered the PC maker’s plans for a 20% increase in dividends and an additional $10 billion share buyback program. Dell shares rose to […]
Volunteers stock community refrigerators to fill when grocery stores and food banks are closed, and shovelers clear snow for seniors. Snow covers a Brooklyn street as New Yorkers navigate blizzards during the city’s biggest storm in a decade. Photo by Erica Price by Kirstyn Brendlen, Brooklyn Paper Like New York’s biggest snowstorm in ten years […]
What you need to know: XRP spot volumes on Bitrue soared 212% as institutional interest grows. The short-term XRP price remains between $0.87 and $1.67. Technical indicators point to cautious bearish momentum with potential support around $0.85-$0.92. XRP has seen a significant increase in trading activity Confessional reporting a 212% increase in spot purchasing volumes, […]
Escalating tensions between the United States and Iran are reviving a risk that energy markets have long feared: a possible closure of the Strait of Hormuz, the narrow Gulf passage that carries about 20 percent of global LNG trade and 25 percent of marine oil. New modeling from energy analysis firm ICIS shows that a […]
I am pleased to share news about some promotions and steps within the Global Technology Team. Jillian Quarter Jillian Quarterwho has been editor-in-chief since 2020, will become editor-in-chief for technology coverage in North America. Jillian, one of my first hires after returning to Bloomberg with the acquisition of Businessweek, has deftly shaped the way we […]
According to the RBI statement, credit growth at PSBs has been consistently higher than that of private sector banks (PVBs) over the past five quarters. Photo credit: ROY CHOWDHURY A According to RBI, credit growth of public sector banks (PSBs) at 14.1 per cent (year-on-year) in December 2025 exceeded the overall bank credit growth of […]
A cashier counts Indian banknotes as customers queue at a bank in Chandigarh, India, November 10, 2016. Comparative analysis INDIA-MODI/CORRUPTION-BANKS REUTERS/Ajay Verma/File Photo | Photo credit: AJAY VERMA The transmission effects of the monetary easing phase are clearly visible with the share of regular term deposits of commercial banks (SCBs) with an interest rate of […]
