The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, extending gains from previous session, following a rally in global markets, despite cautious…
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Gold, silver rates today: Gold prices near $5,000/oz, silver prices at $80. Is it the right time to buy?
Gold, silver rates today: Gold and remained a little unchanged on Tuesday, March 17, after the US dollar weakened, while traders assessed efforts to contain a potential oil supply shock…
India’s market regulator SEBI eases settlement guarantee fund norms for commodity exchanges
In a bid to promote ease of doing business, capital market regulator SEBI has eased settlement guarantee fund (SGF) norms for commodity exchanges. The regulator has inserted a new clause…
Velmenni raises ₹30 crore to expand light-based wireless connectivity
Silicon Valley-based deep-tech company Velmenni has raised ₹30 crore in a Pre-Series A funding round led by pi Ventures. Investors MountTech Growth Fund-Kavachh and Apekso also participated. The company said…
IT firms rethink billing as artificial intelligence reshapes work
Information technology (IT) services companies are beginning to change their billing strategies to account for artificial intelligence (AI) work as the new technology increasingly takes over routine tasks. For instance,…
Data centre boom brightens engineering job prospects—100,000 new jobs likely
A new employment engine could be emerging for India’s engineering graduates as the country accelerates the build-out of the digital backbone powering its online economy, offering a potential counterweight to…
Atomberg’s next spin as it prepares for IPO: From selling fans to supplying components
Bengaluru: After disrupting India’s ceiling fan market with energy-efficient motors, Atomberg Technologies is now targeting the appliance supply chain, expanding into component manufacturing as it prepares for a public listing…
Asian Private Bankers Go on Blitz to Calm Private Credit Nerves
(Bloomberg) — Private bankers across Asia are scrambling to contain client anxiety as redemption pressures ripple through the $1.8 trillion private credit market, even in a region seen as more…
Bankman-Fried’s Mom Told to Not Call Court on Son’s Behalf
(Bloomberg) — FTX co-founder Sam Bankman-Fried’s mother may have been a law professor at Stanford University. But the judge who sentenced her son to 25 years in prison said she…