SBI Fund Management IPO Launching on July 14; SBI to Offload 6.3% Stake via OFS.
India’s largest bank, the State Bank of India (SBI), announced on Wednesday (July 8) that its subsidiary, SBI Funds Management Ltd…
Assam increases MLA Local Area Development fund to ₹1.5 crore for FY27 and ₹2 crore for FY28.
The Assam Cabinet has authorized a staged rise in the yearly budget for the MLA Local Area Development (MLALAD) Scheme, increasing the funds…
SpaceX Set to Join Nasdaq 100 on July 7, Potentially Boosting Passive Fund Investments
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, as confirmed by exchange operator Nasdaq on Friday, June 26, setting the…
IOC Establishes $100 Million Fund to Provide Cash Grants to Olympic Athletes
While it’s not officially Olympic prize money, a substantial sum will be provided directly to athletes following both Summer and Winter…
Senior IAS Officer Pankaj Agarwal Detained by CBI in ₹504-Crore IDFC First Bank Fund Misuse Case
The Central Bureau of Investigation (CBI) has apprehended senior IAS officer Pankaj Agarwal in relation to the IDFC First Bank fund…
Iran agreement features $300 billion fund, with over half already allocated.
A private fund worth $300 billion is outlined in the US-Iran framework agreement to stimulate investment in Iran, with over half of that…
A $300 Billion Fund Central to the US-Iran Peace Agreement; Uncertainty Surrounds Funding Details
One of the most closely monitored aspects of the US-Iran peace agreement is a proposed $300 billion fund designated to assist Iran in its…
Why This Fund Manager Divested Semiconductor ETFs Right Before Friday’s Market Collapse
Samir Arora, Founder and Fund Manager at Helios Capital, announced on Monday (June 8) that he sold units of an ETF focusing on semiconductor…
Alphabet reveals $80 billion initiative to fund AI investments.
Alphabet Inc., led by Sundar Pichai, has revealed a plan to raise $80 billion through equity offerings on Monday, June 1. The initiative…
Virginia judge halts proceedings regarding Trump’s $1.8 billion fund due to ongoing lawsuits.
A federal judge in Virginia has temporarily prevented the Trump administration from moving forward with the $1.8 billion “anti-weaponisation…