In any volatility which is caused by global factors, it is the banking stocks which bear the brunt of selling, the reason is simple, FII will sell what they own and it is the banking sector where they have the highest exposure. But as soon as that selling is over and the money starts to make a comeback, it is banking stock which is the first one to attract funds, again the reason is simple, they are the best proxy for economic growth. Check out Stock Reports Plus, powered by Refinitiv, for price... Читать дальше...
The ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the founding and management team was an important component in decision making.
The award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of the exit.
For the ET Startup Awards 2024, jury members from across the globe will come together on September 11 to recognise the brightest and best entrepreneurial talent.
Founded by Indian School of Business alumni Deepak Jain, Ritesh Jain and Manish Lunia in 2016, Flexiloans has till date raised Rs 636 crore in equity funding. The company has built an AUM (asset under management) of around Rs 2,000 crore and disbursed Rs 3,000 crore in loans mostly to small and medium businesses in 2023-24. Its current gross bad loans stand at 3.4% of its AUM.
Small and medium companies are racing to form partnerships with peers and cloud service providers to become eligible for the massive Rs 10,000 crore graphics processing units (GPUs) tender by the government. As per the GPU procurement tender, central to India’s Artificial Intelligence Mission, the bidder must have installed or placed a purchase order for a minimum 1,000 GPUs.
G42 will invest in the project which was part of the Memorandum-of-Understanding (MoU) signed between the two government back in February 2024, Manu Kumar Jain, CEO, G42 India told ET. “G42 is proud to be the executing partner of the MoU initiatives,” he said.
Sonos Ace combines sophisticated design, intuitive controls, impressive sound quality, and effective noise cancellation
Policy and staffing proposals are common "across the ideological spectrum." So what makes Project 2025 different?
Photo by Alex Slitz/Getty Images
Cathy Engelbert failed to do the bare minimum when explicitly asked about the bigotry some WNBA players have been subjected to this season.
Читать дальше...A personal assistant convicted of killing and dismembering his former tech entrepreneur boss after stealing about $400,000 from him has been sentenced to 40 years to life in prison
Producers had taken the “BattleBots” down Aug. 10 for an overhaul. The show returned over the weekend.
KUALA LUMPUR: The ringgit opened higher against the US dollar this morning amid cautious sentiment ahead of the upcoming United States (US) consumer price index (CPI) report, said an analyst.
Читать дальше...The rebuild for the Canadiens is a lot like popping popcorn, something that requires patience and planning. They should be moving past the first stage of it, getting closer to reaping the rewards in the process.
A plane clipped a second plane on a taxiway at Hartsfield-Jackson Atlanta International Airport on Tuesday morning, tearing the tail off the smaller plane.
Bolstered by evidence that playing the pinball machines can help prevent dementia, some businesses are now tailoring services in a bid to revive growth.
If the delimitation is based on the 2011 census, the Corporation can have only one additional ward
Against the backdrop of the current economic downturn in Nigeria, a chieftain of the Labour Party, Henry Mbachu, has said that it is only a people-oriented political party that can solve the economic crisis of the country. Mbachu, who is the member representing the Akwa South state constituency in the Anambra State House of Assembly
Читать дальше...Chris Streveler posted on Instagram that he suffered three torn ligaments in his knee in the Banjo Bowl victory.
Voters in Rhode Island's Senate primary on Tuesday chose the two candidates who will represent the Republican and Democrat parties in November.
Regardless of whether Democrats keep the White House or Republicans retake the presidency, their ability to actually pass their agenda through Congress will depend on which party controls the U.S. Senate. And right now, both parties are going all-in on a state former President Donald Trump easily won in both 2016 and 2020.
Читать дальше...Delaware state Sen. Sarah McBride (D) has won the Democratic nomination for the state’s lone House seat, positioning her to become the first openly transgender member of Congress, according to Decision Desk HQ. McBride defeated nominal opposition to win the primary after party leaders largely coalesced behind her candidacy. State Treasurer Colleen Davis and former...
The Governor of Lagos State, Babajide Sanwo-Olu, says the state makes conscious efforts to ensure women’s participation in government, saying women have been getting 30 per cent cabinet slots since the return to democracy in 1999. The governor spoke on Tuesday at the opening ceremony of the 24th National Women’s Conference organised by the Committee
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