How the tech bear taking a bite out of FAANG stocks affects venture capital

Have the FAANGs been unfanged? That’s how it feels after Facebook, Amazon, Apple, Netflix and Google (FAANG) collectively lost more than ₹70 trillion in market capitalization since scaling the peaks in mid-2018. The sell-off will have far reaching impact for… Continue Reading

Asian stocks, US futures fall after Canada arrests Huawei CFO

Tokyo: U.S. stock futures and Asian shares tumbled on Thursday after Canadian authorities arrested a top executive of Chinese tech giant Huawei for extradition to the United States, fanning fears of a fresh flareup in tensions between the two superpowers.… Continue Reading

Share Market Update: Sensex down by 350 points, nifty at the level of 10650.

Share Market Opening: Equity benchmark indices have increased their morning trade decline following negative indications from the world markets. Equity benchmarks have increased their losses by more than 350 points, while the Nifty is well below 10,700. Variation in Sectors:… Continue Reading

Small finance banks dismiss worries about listing for now

Shares of small finance banks are buzzing, with investors seemingly pleased with their efforts to meet the regulatory deadline of listing operating subsidiaries and reducing promoter holding. Currently, the holding companies of these small finance banks are listed. A strong… Continue Reading

IL&FS impact: Sebi board meeting to decide on derisking liquid funds

Mumbai: The board of capital markets regulator Securities and Exchange Board of India (Sebi) will discuss on 13 December whether mutual funds (MFs) should be allowed so-called ‘side-pocketing’ where liquid schemes separate their risky securities from the rest, two people… Continue Reading