Tag: Investments

US-based investment management firm GQG Partners has encountered a substantial notional drop in profit amounting to Rs 4,400 crore due to its investments in Adani Group companies. This development comes in the wake of reports suggesting a potential US probe into the activities of the Adani Group. The situation has raised concerns and cast a spotlight on the implications for international investors and the Adani Group's global business interests.

Micron Technology Inc., a leading memory chip manufacturer, is on the verge of finalizing plans to invest a significant amount, potentially reaching $1 billion,...

Boaz Weinstein, a hedge fund manager, has managed to create a stir in the world of finance by associating discounted closed-end funds with renowned...

Saudi Arabia and the United States have jointly declared a 24-hour ceasefire between the Sudanese Armed Forces and the Rapid Support Forces, according to...

BlackRock, a minority investor in Bengaluru-based edtech startup Byju's, has once again reduced the valuation of its holding, this time to approximately $8.4 billion....

Artificial intelligence (AI) is rapidly shaping the future of markets and the global economy. The recent blockbuster profit report from Nvidia highlights the growing...

In a letter addressed to shareholders, Amazon CEO Andy Jassy emphasized the company's substantial investments in large language models (LLMs) and generative artificial intelligence...

Flipkart cofounder Binny Bansal is in addresses to invest about $ 100-150 million in PhonePe as part of an ongoing backing round at the...