An Abu Dhabi-based bank is reportedly in talks to acquire a significant stake in an Indian bank, according to UAE Ambassador to India Abdulnasser Alshaali. […]
Tag: Investment
India’s Weight in MSCI EM IMI Index Surpasses China: Morgan Stanley Report
Morgan Stanley has revealed in a recent report that India has overtaken China in the MSCI Emerging Markets (EM) IMI Index. This week, India achieved […]
Adani Enterprises Launches First Retail Bond Issue: A Public NCD Offer to Raise ₹800 Crore
Adani Enterprises Ltd., the flagship company of the Adani Group, has opened its first retail bond issue for subscription today. The company is offering a […]
Wells Fargo’s Bearish Report Sends Boeing Shares Plummeting 8%
Boeing shares dropped 8% following Wells Fargo’s release of an unusually bearish report on the stock. Wells Fargo has downgraded Boeing ($BA) from “Equal Weight” […]
Adani Enterprises to Raise ₹800 Crore Through NCDs, Opens Subscription on September 4
Adani Enterprises, the flagship company of the Adani Group, plans to raise ₹800 crore through non-convertible debentures (NCDs), including a green shoe option of ₹400 […]
Indian Rupee Opens Lower Against US Dollar Amid Falling Crude Prices and MSCI Index Expectations
The Indian rupee started weaker against the US dollar on Tuesday, opening at 83.92, currently at 83.94. This marks a slight depreciation of 4 paise […]
Bitcoin ETFs See Strong Inflows Amid Market Optimism
On Friday, U.S. Bitcoin ETFs saw a net inflow of $252 million, marking the highest level in over a month. This surge in inflows reflects […]
Rosenblatt Maintains Buy Rating on NVIDIA with $200 Price Target
Rosenblatt has reaffirmed a “Buy” rating on NVIDIA $NVDA with a price target of $200. Analyst Comments: “NVIDIA shares are facing pressure due to ongoing […]
NVIDIA Corporation to Acquire Run:AI, Pledges Continued Support and Investment
NVIDIA Corporation is set to acquire Run:AI, a provider of GPU orchestration software. Following the acquisition, NVIDIA intends to maintain Run:AI’s current business model for […]
Tesla and Reliance Industries in Talks to Forge EV Manufacturing Venture in India
Tesla and Reliance Industries Ltd. are currently engaged in preliminary discussions regarding the establishment of an electric vehicle (EV) manufacturing plant in India, as reported […]
Bain Capital Plans $429 Million Stake Sale in Indian Lender Axis Bank
Bain Capital intends to divest a stake valued at $429 million in Axis Bank, an Indian private lender. Having initially acquired shares in November 2017, […]
Morgan Stanley Retains $310 Target, Bernstein Holds at Underperform with $120 Price on Tesla
Morgan Stanley suggests that Tesla’s growth projection of a 50% CAGR (compound annual growth rate) for volume throughout the decade might be difficult to achieve, […]