Reuters
TMT
UAE-based institute unveils new AI tool to rival big tech
A government research institute in the United Arab Emirates on Monday released a new open source GenAI model, which could ......
Finance
Zomato's Q4 profit falls below analyst expectations, advertising spends higher
Indian food delivery platform Zomato reported a smaller-than-expected quarterly profit on Monday, hurt by surging advertising expenses as it grappled with intensifying ......
Finance
SoftBank posts profit for second straight quarter but remains in red for full year
Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on ......
Markets
Sensex, Nifty log worst week since mid-March as volatility, foreign selling weighs
Indian shares ended higher on Friday, but logged their worst week in eight as concerns over the outcome of ongoing ......
Finance
Mubadala gets regulatory nod to pick up majority stake in US' Fortress Investment
Abu Dhabi sovereign investor Mubadala Capital's $3 billion bid for New York-based Fortress Investment Group has cleared a significant U.S. regulatory hurdle ......
Economy
India's mutual fund assets hit fresh record in April
Inflows into India's equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for ......
TMT
Peak XV Partners-backed AI startup Atlan raises $105 mn
Atlan said on Wednesday it had raised $105 million in a funding round led by Singapore's sovereign wealth fund GIC ......
Finance
Saudi Arabia's SMASCO aims to raise $240 mn via IPO
Saudi Arabian staffing company SMASCO aims to raise as much as 900 million riyals ($239.99 million) in its initial public ......
TMT
PE investors chase data centre deals in Asia on AI boom
Global private equity investors and asset managers are readying for billions of dollars worth of M&A and investments linked to ......
Finance
India among top contributors to rise in global debt burden to record $315 trillion
A key measure of world indebtedness has resumed its climb as global debt hit a record high of $315 trillion ......
