Foreign investors acquired over $1 billion in IT stocks in the latter half of July, influenced by robust June quarter earnings that met expectations, fostering optimism about a sector recovery. In contrast, they divested nearly $1 billion from fin

JPMorgan Chase & Co. will intensify its monitoring of liquidity for longer-term Indian debt included in its emerging market bond index following regulatory actions to exclude future issuances of these bonds from eligibility. If there are insuf

Shares of Tata Motors dropped by over 4% to ₹1,095 per share on August 2, despite the company reporting stronger-than-expected results for the June quarter. This decline came after the management's comments suggested a weak global demand for the re

The hedge fund iShares MSCI India ETF. As per its 13 F filing, the hedge fund has a long position in the fund with a $17.4 million stake that constitutes around 1.9% of Kingdon's total portfolio. The hedge fund has total assets of $915.77 under manag

Tesla's share price surged over 10% on Tuesday, reaching its highest level since early January, after the electric vehicle (EV) manufacturer reported auto deliveries that exceeded analyst expectations. Tesla shares closed 10.20% higher at $231.26.

Hindenburg Research, an American short-seller, described the Sebi show-cause notice regarding its 2023 report on the Adani Group as ‘nonsense’ and ‘concocted’. “We think it is nonsense, concocted to serve a pre-ordained purpose: an

Following two consecutive months of significant selling, foreign institutional investors became net buyers in June, purchasing shares worth $3.2 billion. This marks the second-highest monthly buying figure, after the $4.2 billion recorded in March.

In the race for board seats and the future of the international entertainment behemoth, Walt Disney (DIS.N) opened a new tab that seemed to be winning out over activist investors. Before the company's annual meeting on Wednesday, 3rd April 2024, mo

In early trades on Thursday, the Asian markets were trading sharply lower following losses in the US markets. Among the key triggers for the market on Thursday is the gist of the Fed minutes announced late on July 05, 2023. What the Fed June

American chip maker Micron Technology recently announced its plan to invest around $825M in a new chip assembly and test facility in India. This facility will be located in Gujarat and will be Micron's first factory in the country. With support from

Tata Consultancy Services (TCS) and Nest, the UK's largest workplace pension scheme, have entered into an expanded partnership worth £840 million ($1.1 billion) for an initial tenure of 10 years, with a potential total value of £1.5 billion if exte

In a significant development, Elon Musk, the CEO of Tesla, has confirmed that the company is poised to make a substantial investment in India. Musk made the announcement following a meeting with India's Prime Minister, Narendra Modi, during the