SEC Demands Proof From Investment Firms on Startup Share Access
SEC is asking registered investment advisers to verify that their SPVs actually hold or have access to shares in private startups they claim to offer.
Business
NCLT forms first five-member bench to hear Subhash Chandra insolvency case
NCLT constitutes its first five-member bench to adjudicate Subhash Chandra's personal insolvency case involving claims over ₹22,000 crore.
Colombian oil service firms move into Venezuela as deals near
Colombian oil service firms are entering Venezuela to support new exploration and production deals, a trade group said.
California, Writers Guild Oppose Paramount's $1.88 Billion Bond Request
California and 11 states join the Writers Guild in opposing Paramount's $1.88 billion bond request, citing voluntary delay terms.
Samsung Biologics Sets September Timeline for PolyPeptide Takeover
Samsung Biologics will launch its CHF 1.46 billion takeover offer for PolyPeptide Group in September, with the Swiss firm's board recommending acceptance.
Tata Advanced Systems, Javelin JV Sign Pact for Missile Co-Production in India
Tata Advanced Systems and the Javelin Joint Venture (Raytheon-Lockheed Martin) will co-produce Javelin missiles in India, with final assembly and integration planned locally.
Asia's Diesel Shipments to Africa Surge as Middle East Supply Falters
Asia's diesel exports to Africa hit a 4.5-year high in August as Middle East shipments fell to a nine-year low amid shipping disruptions.
Indian Shares Slip as Oil Prices, Fed Rate Worries Weigh
Indian markets fell on Monday as crude prices rose and US rate hike fears persisted, with HDFC Bank's gains offsetting broader losses.
Asian markets slip as Fed rate hike bets and oil surge weigh
Asian currencies and stocks fell as hawkish Fed remarks boosted rate hike bets, while oil prices surged on Middle East tensions.
Soitec locks in AI wafer clients with multi-year contracts as demand surges
Soitec signs multi-year wafer supply deals with deposits and fixed pricing as AI-driven silicon photonics demand surges.
HDFC Bank CEO's Exit Seen as Chance for Fresh Start
HDFC Bank shares rose as analysts called CEO Sashidhar Jagdishan's decision to not seek a third term a positive reset.
China, Hong Kong Stocks Slip on Weak Data and Property Overhaul
Chinese and Hong Kong equities fell Monday as weak economic data and new property presale rules weighed on markets.
Indian Bonds Slump as Fed Rate Hike Bets and Oil Prices Weigh
Indian government bonds fell on Monday, with the benchmark yield at a near three-month high, driven by hawkish Fed signals and surging oil prices.
Japan's Industrial Output Rises for Fourth Straight Quarter on Chip Demand
Japan's factory output rose for a fourth straight quarter in July, beating forecasts, led by semiconductor equipment and chemicals.
Sensex, Nifty Slip as Iran War Fears Lift Crude, Fed Hawkishness Weighs
Indian markets fell on Aug 31 as Iran war escalation lifted crude prices and Fed Chair Warsh's hawkish comments weighed on sentiment.
Why India's Banks Must Win Over Gen Z Digital Natives
India's 400 million Gen Z digital natives present a major opportunity for banks, but they face competition from neobanks, payment banks, and wallets.
Bernstein: India's Growth Story Shaped by Policy Distortions, Not Pure Market Forces
Bernstein report says India's growth is driven by policy distortions like subsidies and PLI incentives, not pure market forces, masking underlying weaknesses.
Bond Yields Seen Stuck in 6.6-6.9% Band, Curbing Trade Scope
Indian government bond yields are projected to stay within 6.6-6.9%, limiting trading windows, as the RBI holds rates steady with a softer inflation outlook.
India's $22 Billion Fuel Bill: Study Ranks India Among Top Losers in Hormuz Crisis
A study finds India among top 20 nations hit hardest by fuel price spike after Strait of Hormuz strikes, with $22 billion in extra costs.
Consumer trust in generative AI falls below 40%, yet shoppers rely on it
McKinsey research reveals consumer trust in generative AI is below 40%, yet shoppers increasingly use it for product discovery, creating challenges for brands.