Flam raises $40 million in Series B led by QED Investors
The new funding will be used for research and development of Flam’s AI models, expanding its product suite and scaling enterprise sales globally.
Uno Minda embarks on major expansion drive with Rs 1,415 cr capex
Uno Minda announced a series of strategic capacity expansion and plant consolidation projects across its key business verticals to strengthen its manufacturing footprint, boost capacities across key divisions, and cater to surging demand from leading Original Equipment Manufacturers (OEMs).
TCS to support DGCX’s transformation journey
Tata Consultancy Services has partnered with the Dubai Gold & Commodities Exchange (DGCX) to modernise and future-proof DGCX’s market infrastructure through the implementation of a next-generation integrated trading, clearing, and surveillance solution.
Dollar index seen well supported as soaring oil prices expedite case for a Fed rate hike
The dollar index is seen well supported above 99 mark on Tuesday as soaring oil price are seen setting stage for a Federal rate hike in Feds upcoming policy meet. Higher oil prices have added to inflationary pressures, clouding the inflation outlook and reinforcing expectations for further Fed tightening. Oil prices extended their gains as…
Benchmarks remains under pressure despite strong IT rally
The key equity barometers trimmed their losses in early afternoon trade, but sentiment remained weak amid mixed global cues. Rising crude oil prices and elevated global bond yields continued to weigh on risk appetite.
Hero Motors IPO: Can EV momentum offset muted revenue growth and capacity drag?
Hero Motors is betting on shift towards higher-value powertrain and EV components, ahead of its IPO opening this week.
US dollar index large currency speculative longs edge higher
Large currency speculators in the US dollar futures edged higher, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net long position of 17604 contracts in the data reported…
Firstsource Solutions share price jumps 18% after 7-day losing streak | What triggered the comeback?
Firstsource Solutions shares rose nearly 18% on 15 September, as Indian IT stocks rebounded byover 4%. Analysts suggest the pace of AI development may benefit traditional software firms, providing clarity on tech investments amid global strength in tech stocks.
ICICI Securities says buy this NBFC stock, sees 59% upside after an 80% jump in 6 months – Check target price
The NBFC stock, Aye Finance, which has delivered a solid return of more than 80% in the last six months, appears to be ready for a further rally due to a formidable presence in India’s mass-affluent lending market, according to the brokerage firm.
Zensar Technologies share price jumps over 13% amid stock market rally. Do you own?
Zensar Technologies share price opened at ₹430 apiece today, as compared to previous close of ₹425.25 on Friday last week. The IT stock surged as much as 13%, hitting an intraday high of ₹479.90 on 15 September.