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Tiger Global Management falling short of $6 billion target for new fund

Last year was the firm's most tumultuous since its founding in 2001, but this year's surge in AI-related stocks has helped underpin a rebound for Tiger and other tech-focused hedge funds

Adani stocks tumble on US inquiry concerns; group losses Rs 48k cr in m-cap

During the week, the Adani group lost $9 billion in market cap - most in nearly four months

India and UK regulators close to resolving clearing house impasse

The legal framework of India, as implemented by the RBI, provides for an effective equivalent system for the recognition of central counterparties authorised under other regimes of other countries

Tycoon Shapoor Mistry's firm set to sell India's biggest low-rated bond

The offering comes at a time when investors are turning bullish on India's credit market as a strong economy and improved corporate balance sheets have alleviated concerns

El Nino's fierce heat carries new risk of resurgent deadly viruses

Mosquitoes that transmit such viruses flourish in the warmer weather that El Niño is set to bring to many parts of the world

Reliance Jio in talks to raise about $1.6 billion for equipment from Nokia

Banks involved in the discussions with billionaire Mukesh Ambani's telecoms company include Citigroup Inc., HSBC Holdings Plc. and JPMorgan Chase & Co., said the people

AI threatens jobs but more than a quarter of workers still plan to quit

The study found that more than one in four (26%) unspecialised office workers, like administrative assistants, are looking to change jobs in the next 12 months, up from 19% a year ago

Citi signals consequences for not complying with return to office norms

While the vast majority of staffers are following the firm's rules for hybrid work, the moves are focused on those employees with persistent, unexplained absences

Five men lost on Titanic sub were bound by their love of exploration

Coming from different backgrounds, they converged in St. John's, Newfoundland, a Canadian city on the easternmost tip of North America, bound by a common dream of seeing the remains

Musk's Twitter must bolster resources ahead of elections, warns EU

There are a few critical areas that Twitter needs to focus on immediately, especially around child abuse and controlling disinformation around elections, Breton said

Will not reach emissions goal with current technologies, says Tata Steel

India's second-largest steel producer is seeking to trim emissions from the current 2.5 tons of carbon dioxide for every ton of the alloy produced to 1.8 tons in 2030

Over 1.3 billion people globally to have diabetes by 2050, finds study

A loss of the body's ability to control blood sugar levels, diabetes affects one in 10 adults globally and caused 6.7 million deaths in 2021, the International Diabetes Federation estimates

A hard lesson for Byju's Raveendran amid mass firings, delayed results

The former teacher from the southern state of Kerala got carried away. In 2015, just as a smartphone revolution was about to kick off in India, he launched a learning app

Adani Group draws regulatory scrutiny in the US after short seller's report

The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said

Apple, Google, Microsoft CEOs among those invited for PM Modi's dinner

Among the celebrities from the entertainment world were filmmaker M. Night Shyamalan, Netflix Inc. Chief Content Officer Bela Bajaria, and media scion James Murdoch.

Interest rate hikes echo globally as inflation proves unrelenting

Swiss officials showed they're not ready to call time on monetary action either, even with inflation near 2%

JPMorgan to pay $4 mn fine to SEC as it mistakenly deletes 47 mn records

Brokerages like JPMorgan Securities are required to retain records of business communications sent and received for at least three years, the SEC said

UK will be 'OK': Sunak as rate hike exposes Conservative party's tensions

Sunak has repeatedly said voters should judge him on bringing inflation down - a pledge which sits awkwardly with his team's implied criticism of the Bank of England

Google's advertising tech in peril as EU joins US's breakup bandwagon

The US agency alleges that Google's dominance over advertising technology allows it to keep at least $0.30 out of every dollar advertisers spend through its online advertising tools

India plans to widen range of steel grades in manufacturing incentive plan

India has already approved an investment of about 6,300 cr rupees ($770 million) over five years to make high-grade specialty steel