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Markets piggyback on Reliance Industries rally; Sensex rises 271 points

Shares of RIL rose 2.7 per cent to end at a new record of Rs 2,650, valuing the firm at Rs 17.93 trillion. The stock surpassed its previous record high of Rs 2,620 on July 20, 2023

NYSE-listed SentinelOne acquires Bangalore-based startup PingSafe

PingSafe provides Cloud security services; deal estimated to be worth $100mn

Indian markets lead in valuation premium but not in earnings growth

South Korea and South Africa are expected to be the top markets in earnings growth for the next two financial years

Markets end flat after choppy trade; Sensex rises 31 pts, Airtel gains 1.5%

The upmove in intra-day trade followed sharp gains in the US markets, particularly technology stocks. However, the tech-heavy Nasdaq index, which gained 2.2 per cent on Monday, saw reversing gains

Former TCS executive director Phiroz Vandrevala passes away at 70

Vandrevala joined TCS in 1982 and served as a key part of the leadership team over the decades, including serving as Executive Director of the company between 2007-2016

Sebi gets more time in Sharpline case, DSP MF launches multicap fund

In March last year, Sebi had barred 24 entities from the securities market for manipulating share prices of two companies through misleading videos on YouTube channels

Bandhan MF launches multi-asset fund with 50% equities allocation

Multi-asset allocation funds have been the 'flavour of the season' in the hybrid space in financial year 2024 as fund houses have rushed to launch the product post the change in debt fund taxation

Amid market volatility, multi asset funds can fulfil long-term needs

Multi-asset funds invest in a variety of asset classes, such as equity, debt, gold, and real estate which help in risk diversification

SPIC Group pledges to invest Rs 1,900 crore in Tamil Nadu over next 2 years

SPIC is earmarking Rs 970 crore to revamp the existing urea plant, augment capacity, and establish a 150 MTPD (metric tones per day) green ammonia plant

Hyundai Motor announces Rs 6,180 cr investment plans in Tamil Nadu

Aligned with the Hyundai Hydrogen Vision, the goal is to help foster a worldwide Hydrogen Society by making hydrogen readily used for everyone, everything, and everywhere

Technology trends for 2024: Leaders' view on what to expect this year

Industry experts predict how GenAI, robots, virtual assistants will change the world

Singapore firms to invest Rs 31,000 cr in Tamil Nadu during investors meet

Global investors meet 2024 to see significant investment from Singapore in Tamil Nadu's sustainability and infrastructure development

Indian investment bankers earn $1.3 billion in fees, highest since 2000

The equity capital market (ECM) underwriting fees reached $343.5 million, a 68 per cent rise from a year ago. ECM fee includes the fee from IPOs and follow-on offers

Mid, smallcap indices post best first five-day gains in three years

Equity markets rallied the previous year on the back of hopes of the Federal Reserve cutting interest rates by March

AI can reshape socio-economic landscape of nations: Kumar Mangalam Birla

He emphasised the need to build on AI and use its potential for enhancing healthcare, agriculture, education, and other segments

Sebi appoints G Ram Mohan Rao as executive director for a period of 3 years

Rao will be handling the investigation department and the internal inspection department

French major Valeo lines up expansion in Tamil Nadu, plans to hire 3,000

Valeo is committed to manufacturing excellence, setting benchmarks for quality, reliability, and technological advancement within the automotive sector

Medway Hospitals raises $5m in funding round led by Kyra Ventures

Chennai-based group operates eight multi-multispeciality hospitals that provide range of services

Wipro's lawsuit against ex-CFO referred to arbitration by civil court

The court took this decision as Dalal produced agreements that indicated that disputes were to be settled through arbitration