Ather Energy Forays Into Auto Insurance Distribution Business
Listed EV maker Ather Energy’s board has approved setting up a wholly owned subsidiary to distribute auto insurance policies. The…
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Listed EV maker Ather Energy’s board has approved setting up a wholly owned subsidiary to distribute auto insurance policies. The…
Indian equity benchmarks rebounded sharply after four days of losses, aided by softer U.S. inflation data and positive global cues. Improved risk appetite helped several stocks hit fresh 52-week highs amid a broader market recovery.
ICICI Prudential AMC's listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due to a higher equity and alternate asset mix, retail participation in its IPO was muted. Experts believe the long-term outlook for Indian AMCs remains positive, driven by shifting investor behavior and industry growth potential.
ICICI Prudential AMC debuted strongly with a nearly 20% listing gain, ranking as the second-best performer among Rs 10,000 crore-plus IPOs in 2025, driven by overwhelming institutional demand and reinforcing investor appetite for quality financial services despite a cautious market.
Japan's central bank has raised interest rates to their highest in three decades, prompting global markets to reassess the yen, carry trades, and risk assets. With inflation projected to remain above the BOJ's target, further tightening is a possibility, potentially altering Japan's monetary policy and impacting global markets.
Meta is reportedly developing three new AI models under its Superintelligence Labs division. These include an image and video generation model to rival tools from Google and OpenAI, a coding-focused text model, and advanced world models. The push signals Meta’s intent to compete more aggressively in both consumer-facing AI features and long-term research tied to robotics and AGI.
The round was led by Japan’s Mynavi Corporation, with participation from existing backers Blume Ventures, Bharat Inclusive Technologies Seed Fund and Rebright Partners.
Navi Mumbai International Airport will become the latest addition to the Adani Group's expanding airport portfolio, further strengthening its presence in India's aviation infrastructure
OpenAI recently invited app developers to submit third-party apps on ChatGPT, marking a structural shift in how the AI assistant operates. But what does this mean for users and developers? The post OpenAI Invites Third-Party Apps On ChatGPT: What It Means appeared first on MEDIANAMA.
The ₹39,620-crore bet by Japan's largest bank into the Mumbai-based Shriram Finance is the latest in a series of foreign investments validating the potential of India's financial space. There may be more coming.
Groww has a product velocity model similar to that of Robinhood Markets in the US, Jefferies says while initiating coverage of the stock with a “buy” rating.
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