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News
SoftBank loan: SoftBank gets upsized $11.9 billion loan in OpenAI funding push
5+ hour, 19+ min ago (342+ words) SoftBank gets upsized $11.9 billion loan in OpenAI funding push The Economic Times secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said, up from its earlier target of $10 billion.The…...
Tata Sons listing to improve SP Group bond outlook; yields seen tightening
7+ hour, 6+ min ago (181+ words) The RBI decision has improved the risk reward for investors who financed SP Group at yields as high as 19%, with the group's 18.37% stake in Tata Sons pledged as key collateral. Shapoorji Pallonji bond yields are expected to tighten significantly after…...
Tata Sons may be valued up to Rs 12.5 lakh cr in IPO
7+ hour, 57+ min ago (518+ words) Tata Sons' potential IPO valuation is estimated between ₹9-12.5 lakh crore., reflecting a discount on its underlying portfolio worth ₹15-16 lakh crore. Investors will price listed stakes and unlisted businesses, applying a holding company discount. The Reserve Bank of India rejected Tata…...
Tata Sons listing could unlock value in Tata group stocks after recent selloff
7+ hour, 24+ min ago (168+ words) Tata group stocks may see gains after recent declines. Investors anticipate Tata Sons' upcoming public listing and its impact. Several listed companies hold significant stakes in the group's holding company. These stakes are valued at substantial amounts relative to their…...
China's Z.AI raises $5 billion from new share, convertible bond sales, filing shows
16+ hour, 32+ min ago (312+ words) The Economic Times Beijing-based artificial intelligence company Z.AI âCo Ltd raised a total âof $5 billion from a Hong Kong share placement âof about $2 billion and a concurrent convertible bond sale of about $3 billion, the company said in…...
GRVT Token Price Today | GRVT Live Price, Chart & Market Cap
19+ hour, 56+ min ago (71+ words) OKX GRVT Token’s recent prices GRVT Token price today GRVT Token all-time high GRVT Token in USD Create a free OKX account GRVT Token on OKX Learn Is GRVT Token a good investment? How can I buy GRVT Token at…...
Why it’s getting harder for Tata Sons to resist an IPO
1+ day, 1+ hour ago (139+ words) The RBI reportedly rejected Tata Sons’ request for exemption from rules requiring upper-layer NBFCs to list publicly. The decision could intensify pressure on the Tata Group holding company to launch an IPO, despite its efforts to remain private. Tata Sons…...
Steve Jones on the pros and cons of AI datacentres – cartoon
1+ day, 21+ hour ago (13+ words) Continue reading... Steve Jones on the pros and cons of AI datacentres – cartoon...
Nvidia Considers $10 Billion Investment in Anthropic's Record-Setting IPO
2+ day, 11+ hour ago (488+ words) Nvidia is exploring a significant investment in Anthropic's IPO, which aims to raise up to $100 billion, potentially becoming the largest IPO in history. The partnership signifies strengthened ties between AI developers and major tech investors....
NSE IPO set to open for public on September 17; price band at 1,700-1,785
2+ day, 5+ hour ago (160+ words) The National Stock Exchange of India's IPO opens September 17, closing September 21. Its price band is set between ₹1,700 and ₹1,785 per share. This offer for sale will raise ₹22,561.5 crore from existing shareholders. The issue size was reduced by fifteen percent from earlier…...