People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September…
Indian consumers are using voice technology to get…
By Sreeraman ThiagarajanWhat do you think of when you picture humans talking to their devices and using voice to command machines? If you are like most of us, you are probably imagining a futuristic Star…
Nutanix’s India business grows 42% in FY20, sees…
NEW DELHI: Cloud software solutions provider Nutanix's India business clocked a 42 per cent growth in the fiscal year ended July 31, 2020, driven by strong demand across various verticals, a top company official said.…
Building capital buffers, managing liquidity crucial for MFIs:…
MUMBAI: As COVID-19 is likely to pose financial risks for microfinance institutions (MFIs), there is a need to build capital buffers and manage cash positions for micro lenders to protect their balance sheets from any…
New Sebi norms will make multi cap schemes…
The new Sebi norms will make multi cap mutual fund schemes riskier than they are now. According to the new norms, multi cap schemes are mandated to invest 75% of the total assets equally divided…
Wall St week ahead: Fed meeting in focus…
By Lewis KrauskopfNEW YORK: Investors are shifting their focus to the Federal Reserve's monetary policy meeting next week as they seek cues following a recent technology-led U.S. market sell-off. So far, few believe the past…
House Democrats say coronavirus small-business program helped businesses…
A federal coronavirus small-business loan program has helped millions of companies stay afloat during the pandemic, but may have also sunk billions of dollars on "fraud, waste, and abuse," House Democrats said Tuesday.The conclusion from…
Motherson Sumi taps NCDs to bring down interest…
MUMBAI: As more acquisition opportunities open up due to the impact of the Covid-19 pandemic, Motherson Sumi, India's largest auto-component company, is sprucing up its finances. It is raising capital from the Indian financial markets…
SoftBank’s Arm sale hits a snag as UK…
SAM YEH | AFP | Getty ImagesThe U.K.'s opposition Labour party said this week that an Arm takeover is not in the public interest and criticized the ruling Conservative Party for failing to protect the…