Corporate developments, European industries, mergers, markets, and entrepreneurship.
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.
United States
The action by the Treasury Department was announced less than a day before Bank of America reports quarterly earnings.
United States
Korean car company Hyundai says India is a strategic core market
United States
ASML said some customers are "expressing an interest" in placing orders with the company in 2029 and 2030, giving investors a view into longer-term demand.
India
IDBI Bank shares surged nearly 13%, adding over Rs 11,460 crore to its market capitalisation amid progress in the privatisation process. The bank reported strong Q2FY27 business growth, while JM Financial highlighted loan growth, deposit mobilisation and margin pressures across the banking sector.
India
Bank of Baroda shares fell over 3% to Rs 230.40 on Wednesday following reports that NMC Healthcare founder BR Shetty filed a $15 billion lawsuit against the lender in the Bombay High Court alleging fraud. Bank of Baroda clarified to exchanges that it has not yet been served.
India
Official developments have been confirmed regarding Q2 Results Live Updates: BHEL, Groww, Canara Bank, Tata Technologies to announce September quarter earnings today, establishing significant operational benchmarks and policy implications.
United States
"We’ve made it clear that NASA will never give up its presence in low Earth orbit."
United States
Chew cautioned that AI's growing capabilities would require stronger safeguards, particularly as autonomous systems become more widely adopted.
India
Reliance Industries could benefit from renewed access to discounted Venezuelan crude, which may boost refining margins at its Jamnagar complex. YES Securities estimates that every $1-a-barrel expansion in blended gross refining margins could generate around Rs 4,200 crore in annualised EBITDA.
France
Now that Candle Media’s glow has dimmed further with the sale of its Hello Sunshine majority stake, fresh questions are being raised about the firm’s future. The financials around the deal for Reese Witherspoon’s company, which she is buying back from Candle in partnership with France-based Mediawan, have not been disclosed.
United States
When Keelan Miskell began winding down his crypto startup this year, he didn’t think its data was worth much: the users were anonymous, the company just a few years old. But he’s since turned the firm’s digital archives into real money.