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TCS CEO Rajesh Gopinathan resigns to pursue other interests

TCS CEO Rajesh Gopinathan resigns; K. Krithivasan is CEO Designate [details]

Rajesh Gopinathan, Chief Executive Officer and Managing Director of Tata Consultancy Services (TCS) has tendered his resignation, which will be effective from September 15, 2023. Mar 16, 2023
Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

Deju Vu 2008? Dow opens 600 points down, Credit Suisse down 20%, banking fears spread rapidly across global markets

The US' Dow opened the day with a decline of more than 600 points Wednesday as banking fears spread across global markets, reports said. Mar 16, 2023
sensex

Stock Market Today: Hopes of rebound linger as US returns to positive sentiment

Asian markets are poised to rebound on Wednesday as investors re-enter after the worst of the global fallout from the American banking sector has passed. Mar 15, 2023
SVB

SVB Bank collapse: Indian startups have millions stuck in SVB; Indian govt to the rescue

Many Indian startups choose to be incorporated in the US. The money raised from access to global VC is deposited in SVB. Mar 14, 2023
SVB

SVB Collapse Update: Germany halts operations, US bank shares tumble

In London, Standard Chartered is down 6 per cent with Barclays losing 5 per cent. The market is sending a consistent message that a US recession is about to start, Mar 14, 2023
This photo taken March 11, 2023, shows the logo of Silicon Valley Bank at its headquarters in California.

HSBC acquires 'Silicon Valley Bank UK' for 1 pound

HSBC UK Bank plc is acquiring Silicon Valley Bank UK Limited (SVB UK) for 1 pound, after a weekend of frantic negotiations by UK officials. Mar 13, 2023
Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

SVB collapse explained: What happens to your deposits in worst-case scenario [details]

Silicon Valley Bank crisis has snowballed into a major concern for investors, startups and VCs. Here's an explainer of the whole issue, what led to the SVB collapse and what comes next. Mar 12, 2023
Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action

Confused with US's SV Bank crisis, besieged SVC Bank threatens legal action [details]

Hours after the crisis affecting the Silicon Valley Bank (SVB), the US, hit the headlines, panic gripped customers of a 116-year-old Mumbai-based entity, the SVC Bank. Mar 12, 2023
NDA vice-chairman Rajeev Chandrasekhar

SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them

The bank's collapse is going to impact several startups in India which have exposure to its investments and have parked their funds in the bank. Mar 12, 2023
Adani Group

Market upbeat on Adani shares despite rating agencies downgrading group companies

ICRA on Friday downgraded the outlook for Adani Total Gas to 'Negative' from stable on Friday but the market rebounded on Friday and again Monday with surge in Adani group shares Mar 6, 2023
Sensex

Market: Sensex, Nifty open high, Adani Ent shares surge 8%

Indian shares logged weekly gains on Friday after U.S. boutique investment firm GQG Partners' $1.87 billion investments in Adani group stocks Mar 6, 2023
wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

Buying gold jewellery in India has new rule in India; sale without THIS is prohibited [details]

The Bureau of Indian Standards (BIS) has prohibited sale of hallmarked gold jewellery or gold artefacts without the six-digit alphanumeric hallmark unique identification number (HUID) after March 31, 2023. Mar 5, 2023
sensex

Adani group impact: Indian stock markets up, Sensex gains 899 points

After several days of fall, Indian stock markets rebounded on Friday with both -- the Sensex of BSE and the Nifty 50 of NSE -- on the positive sides. Mar 3, 2023
Adani Group

GHQ Partners defends mega deal to buy Adani stake in 4 companies at $1.87 billion

Rajiv Jain, who had spent 22 years at Vontobel Asset Management before setting up GQH, said the deal was blocked after due diligence and that he has been following Adani Group for six years Mar 3, 2023
Bill Gates visits RBI office in Mumbai, holds discussions with Shaktikanta Das.

Bill Gates visits RBI office in Mumbai, holds discussions with Shaktikanta Das

Microsoft co-founder Bill Gates on Tuesday visited the Reserve Bank of India (RBI) office in Mumbai, where he held wide-ranging discussions with Governor Shaktikanta Das. Feb 28, 2023
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