The IC Electricals IPO is set to debut on the NSE SME platform on July 10, with strong demand in both the primary market and the grey market fueling optimism for a healthy listing. The IPO is currently commanding a Grey Market Premium (GMP) of Rs 44, indicating an estimated listing price of around Rs […]
Key Points Nvidia currently generates higher overall revenue, maintaining a substantial and rapidly expanding absolute scale advantage over Advanced Micro Devices. Nvidia has experienced consistent, rapid quarter-over-quarter revenue expansion, while Advanced Micro Devices has shown a much slower, relatively stable revenue trajectory over the same eight-quarter period. Investors should carefully watch whether the widening revenue […]
Broadridge Financial Solutions, Inc. (NYSE:BR) has announced that Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared service centre for Raiffeisen Bank International (RBI), has upgraded to the company’s next-generation reconciliation platform, BRx Match. The implementation is designed to support CRISP’s expanding business needs, improving efficiency, transparency and accuracy across markets in Europe and […]
SEO headline: (86 chars) Japan producer prices hit fastest pace since 2023, keeping BOJ on track to hike !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Voice AI model builder Gradium has announced that an extension of its seed financing brought its funding to $100 million. As part of that extension, the company added new investors, including Nvidia, Gradium said in a Wednesday (July 8) blog post. The new funding will accelerate Gradium’s AI research, product development, international expansion and its […]
Key insight: The Federal Reserve is considering whether it should voluntarily adhere to the Security and Exchange Commission’s new rule on central clearing for Treasury security transactions. Expert quote: “The clearing mandate does not apply to the Federal Reserve’s transactions. However, I believe the [Federal Open Market Committee] could make its open market operations more […]
A little more than one week in, the SEC’s request for public feedback on novel exchange-traded funds — those that “invest in innovative asset classes or engage in novel investment strategies” — has drawn a small but largely skeptical set of responses. Processing Content The regulator’s request for comments opened on June 30. It covers […]
HSBC Electronic Data Processing India Pvt Ltd has leased over 2 lakh square feet of office space in Hyderabad’s Gachibowli at a monthly rent of nearly Rs 6.42 crore, according to property registration documents accessed by CRE Matrix, a data-driven real estate consultancy firm. The banking major has taken on sub-lease the […]
SBI Funds Management is entering the public markets at a discount to listed asset management companies (AMCs). The IPO is priced at a price-earnings (P/E) multiple of 38.2, compared with 47.7 for ICICI Prudential AMC, 41.1 for HDFC AMC and 50.9 for Nippon Life AMC. The relatively lower valuation may partly reflect its asset mix. […]
Japan June 2026 PPI +7.1% y/y vs. expected 6.8% and prior 6.3% !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}