VCs, celebrities bet on AI startups in media, sports NEW DELHI: Artificial intelligence investment is widening beyond enterprise software and chip bets, and one of the areas money is increasingly flowing into is media, entertainment and sports. In India, venture capital firms, private equity investors, family offices and celebrities are backing startups using AI to…
The Bombay High Court considered Section 23 of the Senior Citizens Act. (Image for representative purpose only) A couple gifted their son a flat that they had bought in 2005 on the condition that he take care of them. Years later, the Bombay High Court directed the son to vacate the flat. Here’s what the…
11 companies line up to raise Rs 7,055 crore from investors India’s primary market is heading into another crowded week, with 11 main-board IPOs lined up to collectively raise Rs 7,055 crore between September 7 and September 15.The fundraising calendar brings companies from a range of sectors to the market, from real estate and engineering…
Telangana RERA found that the builder had misrepresented the villa’s total area. (Image for representative purpose only) You give down payment for a home, but at the time of the sale agreement you realise that the builder did not deliver on the promised area that was advertised. What happens then? A recent Telangana RERA ruling…
Where are gold and silver prices headed this week Gold and silver could remain volatile this week as investors weigh US inflation data against changing expectations for interest rates, while crude oil prices and geopolitical developments in the Middle East add to the list of factors influencing bullion markets, analysts said.The focus will be on…
The roots of the resilience lie in India’s domestic consumption-led growth story that provides an important cushion. India’s growth story is a hot topic of discussion these days. How has one of the world’s largest economies managed to cushion the blow of the US-Iran war to still grow at 7.8%? What measures have helped the…
Gold is supposed to be the ultimate safe haven. But as geopolitical uncertainty rises, European central banks are rethinking where they keep their most trusted reserve asset. After France and Germany, Netherlands became the latest to make an exit, shifting part of its gold holdings from North America to London.The relocation has raised concerns about…
FPIs turn sellers again, pull out Rs 7,443 crore from Indian equities in first week of September Foreign portfolio investors (FPIs) turned net sellers of Indian equities in the first week of September, withdrawing Rs 7,443 crore after investing in the market for two consecutive months. The latest selling came as a rebound in crude…
The stock market is likely to remain sensitive to global developments, with the West Asia conflict, crude oil prices and US inflation data emerging as key factors for investors. The stock market is likely to remain sensitive to global cues in the upcoming week, with developments in the Middle East conflict, crude oil prices and…
SGBs carry a fixed annual interest rate of 2.50% on the amount initially invested. Investors of Sovereign Gold Bonds (SGBs) are reaping a bonanza with gold prices rallying strongly in the last few years. Despite the recent correction in gold prices, gold bonds are still yielding triple digit returns.The Reserve Bank of India (RBI) has…
