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₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. This follows its demerger with Reliance Industries Ltd. (RIL), the share price of which fell to ₹2,580.

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During the 2022 economic environment that saw both stocks and bonds decline in historic fashion, driving down assets under management across the financial planning industry, organic growth stood out as a bright spot for the industry.

According to Andrey Kartapolov, a Russian politician and former army officer, the relocation of the Wagner group to Belarus positions Russia in a favourable position to swiftly target NATO assets near Poland and Lithuania. Kartapolov mentioned in a statement to Russian state television that the private military company has the capability to strike the border region of Poland and Lithuania within a short span of "a matter of hours" from its newly established base.

The Verge, Tesla already owns a large Nvidia GPU-based supercomputer which is considered one of the most powerful in the world. However, the new Dojo supercomputer is being built using chips designed by Tesla.

Jio Financial Services gets demerged from Reliance Industries. Looking at the Reliance playbook, be it in telecoms or retail, it is obvious that Jio Financial will try to take the services to the masses, multiple industry insiders said.

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Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results

Compass, Meridian, Grand Cherokee, and Wrangler models in the premium and super premium segment, is also considering introducing the 4Xe, Jeep's electrified brand, to India. Under the leadership of Aditya Jairaj who took charge as the deputy managing director of Stellantis Group in India and head-Jeep brand operations in May, the carmaker has launched a consumer scheme that is aimed at bringing down the initial purchase ownership cost. As part of making the price-to-value more attractive, it has discontinued the entry level variants of the Meridian—its three row SUV to re-align it with the market demand for higher trim variants. Additionally, it's looking to step up the brand and marketing spends in the world's fifth largest auto market as it seeks to get back to a position where it was two years ago. The exhead of EV strategy and transformation at Nissan Motor is also preparing the ground for launch of electrified models. “4Xe is the new 4X4. We are evaluating it for the Indian market, and we will bring it when the time is right,” Jairaj told ET.

Retirement planning is a moving target for many people, and that necessitates having a plan B or even a plan C, financial advisors say.

Jujutsu Kaisen fans are eagerly awaiting the release of Season 2 Episode 3, set to air on July 20, 2023, at 11.56 pm JST. The Hidden Inventory arc has already generated considerable excitement worldwide, leaving viewers on the edge of their seats.

New Delhi: Development banks should change their approach in order to bring the private sector into the centre of efforts to mobilise finance for sustainable development strategies, according to the independent panel that advise G20 nations on improving the balance sheets of multilateral institutions. In the report titled ‘Strengthening multilateral development banks-the triple agenda’ presented to G20 finance ministers and central bank governors, the nine-member committee argued that development banks should engage with the private sector in a new way, including by co-creating investment opportunities and programmes.

Apple (NASDAQ:AAPL) shares jumped Wednesday afternoon after Bloomberg reported that the tech giant is quietly working on artificial intelligence tools that could contest those of OpenAI, Alphabet's (NASDAQ:GOOGL) Google, and others.

Apple is working on its own artificial intelligence powered chatbot that could challenge those of OpenAI and others, but the company has yet to devise a clear strategy for releasing the technology to consumers, Bloomberg reported Wednesday. According to the report, the ‘Apple GPT’ uses its own large language model framework called as “Ajax," a framework created to accelerate machine learning research. The report further said AI push has become a major effort for the iPhone maker, with several teams collaborating on the project.

Mint that its fund generated a 6% annual return for its investors. ICICI AMC told Mint that it is looking to liquidate its remaining investment in the fund by next March, in line with AIF regulations. Market regulator Sebi allows one additional year post the expiration of the term to liquidate assets and make distributions to investors.

New Delhi/Bengaluru NTT Ltd, which merged its data centre and information technology (IT) services divisions last October, is bullish on India, having announced a five-year, $2.5 billion investment in January to build data centres in Maharashtra. In a recent interview, Abhijit Dubey, global chief executive NTT, and NTT India CEO, Avinash Joshi, shared the company’s roadmap while explaining why India is NTT’s largest employee base outside its home turf of Japan, and how artificial intelligence (AI) will influence demand for data centres, among other things. Edited excerpts: What is the extent of operations for NTT in India? Dubey: We have about 40,000 employees in India, and it’s the largest outside NTT’s home base in Japan.

In the investment world, benchmarks are essential when comparing fund performances across all asset classes, including equity, fixed income, etc. Creating benchmarks has been an evolving science. Finding a precise and accurate benchmark is a process that comes with its own challenges and a number of factors need to be carefully considered before selecting the one that will work for you.

Goldman Sachs’s winding journey in consumer banking might be coming to an end. But its prolonged exit from its own investment holdings still has miles to go. With deal making in a slump, and capital markets and trading activity subdued or just starting to grow back, the second quarter was never going to be a stellar one for Goldman Sachs.

Say the word ‘innovation’ and it is likely to evoke the image of a young entrepreneur in a garage like startup, or that of a scientist in a lab creating a product that magically disrupts the market. These are images that have become associated with innovation—gripping and appealing. Also, somewhat mythical and only half true.

Yield App is a crypto super-app. It lets users convert from fiat to crypto instantly, swap between tokens in a click, and earn up to 11% APY interest on their digital assets. Yield App never uses leverage and doesn’t engage in risky lending strategies to generate returns for customers.