Here is what Microsoft has to say on OpenAI after Sam Altman#39;s sacking November 18th, 2023 12:27
Altman is credited with almost singlehandedly convincing Microsoft CEO Satya Nadella to commit $10 billion to the company and leading the tender offer transactions that fueled a valuation bump from $29 billion to over $80 billion

Wall Street barely gains as traders digest earlier gains, Fed comments November 18th, 2023 11:27
The Dow Jones Industrial Average rose 19.35 points, or 0.06%, at the open to 34,964.82.

Mutual fund manager finds 6 similarities between Indian cricket team and Balanced Advantage Funds November 18th, 2023 11:27
Balanced Advantage Funds are designed to adapt to changing market conditions. They have the flexibility to invest in both equities and debt instruments, depending on the prevailing market situation.

RBI move on risky credit to hit loan growth: S&P Global November 18th, 2023 11:27
"Slower loan growth and an increased emphasis on risk management will likely support asset quality in the Indian banking system," said S&P Global Ratings credit analyst Geeta Chugh.

Market gains for third week in a row; rupee, too, ends marginally stronger November 18th, 2023 11:27
Among sectors, the Nifty information technology index added 5 percent, the realty index rose 4.7 percent, auto nearly 4 percent and the Nifty metal index gained 3 percent during the week

Yamuna Expressway Authority allots 109 industrial plots; eyes Rs 16,498 crore investment November 18th, 2023 11:27
For the 109 plots, 3,276 applications were received, of which 3,234 were found eligible for the draw. The land parcels were allotted through a lucky draw

Broader indices outperform with nearly 100 smallcaps gaining up to 41% November 18th, 2023 11:27
Broader indices outperformed the main indices with the BSE SmallCap, MidCap and LargeCap indices rising 3 percent, 2.5 percent and 1.6 percent, respectively, in the week ended November 17

NBFC shares hit hard post RBI move on unsecured loans November 18th, 2023 10:27
Jefferies said NBFCs with a higher share of unsecured consumer loans like SBI Cards (100%), Bajaj Finance (37%) & Aditya Birla Finance (21%) should be most affected by tighter capital norms. Large private banks will see higher impact due to higher share of unsecured loans, according to the brokerage. The impact on public sector banks will be a tad lesser than larger private banks, it said.

Risk weights on AAA NBFC loans doubles to 45% November 18th, 2023 10:27
Tighter Reserve Bank of India norms mean that the bank risk weights on loans for AAA NBFCs have now more than doubled to 45% from 20% earlier, while those for AA-rated NBFCs have increased to 55% from 30% and for A- rated NBFCs to 75% from 50% earlier. Higher risk weights require banks to set aside more capital to provide cover against such loans.

56 out of 100 smallcap stocks giving double-digit weekly returns, hit fresh 52-week highs November 18th, 2023 10:27
Almost 100 companies in the smallcap segment gave double-digit returns of up to 41% in the week ended November 18, data analysed by ETMarkets showed.