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Nvidia, a global leader in gaming and computer graphics, has completed its acquisition of Israeli AI infrastructure startup Run: ai. This move reinforces Nvidia’s dominance in the artificial intelligence (AI) and data center sectors. Valued at approximately $700 million, the acquisition comes after overcoming regulatory scrutiny from the U.S. Department of Justice and the European … Read more
The Unimech Aerospace and Manufacturing IPO has captured the market’s attention with an overwhelming subscription of 175.31 times. If you’re among the eager investors awaiting allotment results, this guide will walk you through the process of checking your Unimech IPO allotment status seamlessly. We’ll also delve into the IPO’s highlights, financials, and what this means … Read more
The Indian cement industry witnessed a significant development with UltraTech Cement’s recent acquisition of India Cements. This strategic move, valued at Rs 3,954 crore, positions UltraTech as an even stronger player in the highly competitive cement sector, intensifying the rivalry with Gautam Adani-led Adani Group. Let’s break down the details of this acquisition and its … Read more
Gold has always been a cornerstone of India’s cultural and financial landscape, holding immense value for both investment and traditional purposes. On 23 December, gold prices continued to exhibit their dynamic nature, influenced by a myriad of factors ranging from international market trends to local demand. Here, we analyze today’s gold rates across major Indian … Read more
Akasa Air, India’s newest entrant in the aviation sector, has ambitious plans to expand its fleet and strengthen its position in a highly competitive market. Having commenced operations in August 2022, the airline currently operates 26 Boeing 737 MAX aircraft and has placed substantial orders for 200 more planes. This strategic move reflects its commitment … Read more
The Indian stock market is set to witness a flurry of activity in the upcoming week, with one mainboard IPO and two SME IPOs lined up for launch. Additionally, eight companies are scheduled to make their stock market debuts, ensuring an eventful week for investors. This wave of initial public offerings (IPOs) offers significant opportunities … Read more