Tag: Bloomberg News

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

BusinessNovember 2, 2025

The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

StocksNovember 2, 2025

IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

Goldman to Shift ETF Accelerator Servicing to Tidal

MarketMay 12, 2025

Goldman Sachs Group Inc. (GS) will wind down its ETF Accelerator platform, a digital platform that helps clients...

Activist Elliott builds stake in oil major BP, source says

MarketFebruary 8, 2025

By Anousha Sakoui (Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP, a source...

Marvell Rallies After AI Computing Demand Bolsters Outlook

MarketDecember 4, 2024

(Bloomberg) -- Marvell Technology Inc. jumped in late trading after the chipmaker delivered better-than-expected results and an upbeat earnings...

Super Micro Investors Whiplashed as Tech Firm Fights For Listing

MarketNovember 22, 2024

(Bloomberg) -- A roller-coaster ride for Super Micro Computer Inc. shares is likely to continue for some time, as...

US Futures Steady, Await Trump Cabinet Details: Markets Wrap

MarketNovember 12, 2024

(Bloomberg) -- A five-day rally in the S&P 500 looked set to stall amid unease over expensive equity valuations...

Boeing Launches $19 Billion Share Sale to Thwart Downgrade

MarketOctober 28, 2024

(Bloomberg) -- Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public...

CrowdStrike, Carahsoft Struck Deal to Sell Software IRS Didn’t Buy

MarketOctober 25, 2024

(Bloomberg) -- Last fall, George Kurtz, the chief executive officer of CrowdStrike Holdings, Inc., gave investors a quarterly financial update that sent shares...