OpenAI’s biggest data center secures $11.6 billion in funding, WSJ reports
US-OPENAI-DATA-OpenAI’s biggest data center secures $11.6 billion in funding, WSJ reports
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Shiprocket confidentially files draft papers for IPO
Backed by Zomato and Temasek, Shiprocket plans to raise Rs 2,000–2,500 crore through its market debut, including a fresh issue of Rs 1,000–1,200 crore.
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Startups bring IPOs back on table as mkts rebound
The Indian IPO market is showing signs of revival. Startups and other companies are actively preparing for initial public offerings. This follows a period of market stability and renewed investor confidence. Several new-age firms are accelerating their IPO filings. Experts…
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Gold to remain a long-term strategic asset amid geopolitical shifts: Manishi Raychaudhuri
Manishi Raychaudhuri favors private sector banks due to potential consumption and investment rebound, alongside consumer discretionary stocks benefiting from tax cuts. Industrials, boosted by infrastructure spending and defense equipment manufacturing, are also promising. While cautious about generics, he sees potential…
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Air India bets on codeshares to reclaim global routes, IndiGo watches and waits
The codeshare strategy helps AI claw back market share from Gulf carriers, which had enjoyed a free run with India-origin traffic.
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Rupee’s inert reaction to dollar drop confuses bankers; outflows flagged
The Indian rupee has shown a muted response to the dollar’s decline, puzzling bankers who attribute it to foreign portfolio and corporate outflows. While Asian currencies have generally strengthened, the rupee has weakened, pressured by equity outflows potentially shifting towards…
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