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Tata Advanced Systems Ltd (TASL) has set up a facility to manufacture high-resolution imagery satellites that will help the armed forces keep a closer eye on border areas, betting big on the military space sector. The Bengaluru-based facility will manufacture sub-metre resolution satellites and will have a ground station that can control their movement and process imagery required by the armed forces to monitor infrastructure or acquire military targets. The defence ministry has thrown open a challenge to Indian industry to make metre and sub-metre resolution satellites for military use. Built on TASL's considerable defence sector capabilities, the facility is geared to manufacture up to 24 low earth orbit (LEO) satellites a year.

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported on Tuesday. The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next 12 to 15 months, the report said, citing people briefed on the matter. Apple and Goldman had started to roll out a virtual credit card in 2019. The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added. The iPhone maker, when asked about the report, said: «Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives.

Advanced Micro Devices (AMD) touch every aspect of chip design globally, its global chief technology officer Mark Papermaster told ET in an interaction. The Santa Clara-based semiconductor company on Tuesday inaugurated a new AMD Technostar campus, its largest data centre globally, in Bengaluru.

Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died at a California hospital. He was 99.

By Jamie McGeever

Berkshire Hathaway (NYSE:BRKa) announced Tuesday afternoon that vice chairman Charlie Munger has died. He was 99 years old.

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Brooks Friederich is a little-known figure in the world of investment advisory, even among the Wall Street cognoscenti. Yet every year, the 39-year old — and his Berwyn, Pennsylvania-based employer Envestnet — helps steer billions of dollars into tailor-made strategies for financial advisers, part of what’s known as the model portfolio boom.

Securities and Exchange Board of India (Sebi) Tuesday proposed to amend the regulatory framework for a category of Alternative Investment Funds (AIF), called the Special Situation Funds (SSFs), to facilitate the acquisition of stressed loans and support the resolution of stressed assets in the Indian financial system. In a consultation paper, the market regulator suggested a definition of 'special situation assets', eligibility of investors in SSFs in terms of Insolvency law, restrictions concerning investment in connected entities, minimum holding period, subsequent transfer of loans, monitoring and supervision of such SSFs. To enable SSFs to acquire stressed loans, these funds need to be part of an RBI annexure pertaining to the transfer of loan exposure.

Nikki Haley as an alternative to Donald Trump ahead of the Iowa caucus that will kickstart the 2024 primary in less than 2 months. In a memo circulated by the anti-Trump organization, its CEO Emily Seidel described the former UN ambassador Haley as someone offering «America the opportunity to turn the page on the current political era.» In an interaction with reporters, Seidel said that «Haley has what it takes to lead a policy agenda that will take on our nation's biggest challenges and help ensure our country's best days are ahead of us. And with the grassroots and data capability that we bring to bear in this race no other organization is better equipped to help her do it.» In a statement, the former governor of South Carolina said she was «honored» to have the group's support.

Boyaa Interactive International Limited, a distinguished online card and board game developer based in Hong Kong, is advancing into the cryptocurrency realm. Since its founding in 2004 and subsequent listing on the Hong Kong Stock Exchange in 2013, Boyaa has established a robust presence in the gaming industry, offering popular titles like Texas Hold’em and Chinese Chess​​​​.

OpenAI, a pioneer in the field of artificial intelligence technology, recently made an announcement that it would no longer accept new sign-ups for its premium service, ChatGPT Plus. This decision was made in response to an extraordinary increase in customer demand. This decision, which was made public by OpenAI's CEO Sam Altman on November 15, 2023, comes in the wake of the first development conference that the firm has ever hosted, which was called OpenAI DevDay and took place in San Francisco.

Cheryl Holland’s journey into the world of wealth management was ignited by a chance encounter at a conference of the International Association of Financial Planners.  

FREE gold IRA guide. This guide contains all the information about tax benefits of precious metals IRAs, associated fees, as well as everything that you need to know about the rollover process. Gold individual retirement accounts are a good way to strengthen your retirement portfolio's resilience against market volatility and economic unpredictability.

Great investors like Buffett, Lynch, Graham, and Marks aren't distinguished solely by their ability to identify the best deals. They adhere to a unique and significant investment philosophy that guides all their actions in the markets.

savings account interest rates for growing your wealth. Read on as we highlight the practical strategies that can assist you in maximising your earnings. Anybody with even the most basic financial knowledge knows what a savings account is.

The eternal tussle between quantity and quality has been a subject of debate in various fields, including philosophy, art and innovation. This dichotomy is particularly relevant in the context of innovation, especially when considering the role of patents. Patents are commonly seen as a measure of a country’s innovative capacity.

Bank of Nova Scotia missed fiscal fourth-quarter profit estimates as the company set aside more money than expected for potentially souring loans.

₹20,000 crore assets under management. For the first 10 years of its existence, the company was focused only on south India, where it built its reputation, mostly by word of mouth. Twelve years later, in 2013, it opened an office in Mumbai and then started exploring the rest of the country.

timing the market. This is the reason why a myriad of investors seek to perfect the timing in a bid to maximise their returns in unpredictable market cycles. Moreover, investors also believe that the same strategy applies to systematic investment plans (SIPs).

Sniper bots are automated software programmed for specific actions at predetermined times to find applications in online auctions, sales and crypto trading, ensuring precise market transactions.