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Detailed stories on technology startups, business and economic current affairs.
Group firm IIHL had emerged as the highest bidder for Reliance Capital in the second round of the auction with an offer of over $1.1 billion.

Group firm IIHL had emerged as the highest bidder for Reliance Capital in the second round of the auction with an offer of over $1.1 billion.

Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
Big AI moves in the Middle East this week, Saudi Arabia-backed LIV Golf files for bankruptcy and other updates.
The central bank’s shift to a 100% collateral requirement threatens to erode leverage, reduce volumes and force a consolidation across prop desks.
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.