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Tesla Shareholders Vote Against Investment in Musk's xAI Venture
2 hours ago
Tesla shareholders voted against a proposal to invest in Elon Musk's AI startup, xAI. The nonbinding measure received 1.06 billion votes in favor, 0.9163 billion against, and 0.473 billion abstentions. Despite more votes in favor, Tesla's bylaws count abstentions as votes against, leading to the proposal's failure. The proposed investment was $5 billion. Tesla and xAI already have business ties, with xAI set to spend $200 million on Tesla's Megapack batteries in 2024, and Tesla integrating xAI's chatbot Grok into its vehicles. xAI is currently raising $20 billion in debt and equity from other sources, including Nvidia.
HSBC Bullish on Indian Equities, Sets Ambitious Sensex Target
2 hours ago
OpenAI Seeks Expansion of Chips Act Tax Credit to AI Infrastructure
3 hours ago
Nasdaq Faces Biggest Weekly Decline Since April Amid AI Rally Concerns
3 hours ago
US Stocks Halt Three-Week Rally Amid Tech Selloff and Government Shutdown Concerns
4 hours ago
US Grants Hungary One-Year Exemption from Russia Sanctions After Trump-Orban Meeting
4 hours ago
U.S. Backs EU Plan to Use Frozen Russian Assets for Ukraine Aid
13 hours ago
US Consumer Sentiment Declines Amid Economic Concerns
14 hours ago
China to Resume Chip Exports from Nexperia, Dutch PM Announces
14 hours ago
U.S. Treasury Secretary Bessent Urges Global Action on China's Rare Earth Dominance
15 hours ago
U.S. Transportation Secretary Duffy Opts Against 10% Flight Reduction
15 hours ago
India's Market Rally Faces Headwinds from AI Wave and Geopolitical Shifts
15 hours ago
Block Shares Tumble 11% as Square's Profit Growth Lags Behind Payment Volume
15 hours ago
Trump Acknowledges Iran's Inquiries About US Sanctions Relief
17 hours ago
Google Expands Amazon Reforestation Efforts with 200,000-Tonne Carbon Credits Deal
18 hours ago
Ansid Capital's Singh: AI Stocks Not in Bubble Territory, India Market Needs Consolidation
21 hours ago
Tesla Considers Building Chip Manufacturing Plant to Meet AI and Robotics Demands
21 hours ago
US Defends Trump's Tariff Powers in Supreme Court: India-Russia Oil Purchases in Focus
22 hours ago
Julius Baer's Mark Matthews: China's 'Manufactured' Bull Run and India's FII Selling Pressure
22 hours ago
European Stocks Edge Up as ITV Soars on Potential Broadcasting Unit Sale
22 hours ago
Bain CEO: AI Now a Competitive Necessity, India Poised for Growth
23 hours ago
Supreme Court Scrutiny of Trump's Tariff Powers Sparks Global Trade Uncertainty
1 day ago
Nikkei Suffers Worst Weekly Decline Since April Amid AI Stock Selloff
1 day ago
China Develops New Rare Earth Export Licensing System Following US-China Agreement
1 day ago
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Market Movers
Today’s Top Gainers
Eicher Motors
6,886.
00
(+
1.
17
%)
Mahindra & Mahindra
3,690.
20
(+
1.
98
%)
Adani Enterprises
2,369.
40
(+
2.
38
%)
Bajaj Finserv
2,102.
10
(+
1.
89
%)
SBI Life Insurance
1,998.
90
(+
1.
43
%)
Today’s Top Losers
Apollo Hospitals
7,642.
00
(-
1.
80
%)
Interglobe Aviation
5,583.
50
(-
1.
92
%)
Bharti Airtel
2,001.
20
(-
4.
47
%)
UltraTech Cement
11,849.
00
(-
0.
51
%)
Trent
4,627.
30
(-
1.
11
%)
Market Movers
Today’s Top Gainers
Eicher Motors
6,886.
00
(+
1.
17
%)
Mahindra & Mahindra
3,690.
20
(+
1.
98
%)
Adani Enterprises
2,369.
40
(+
2.
38
%)
Bajaj Finserv
2,102.
10
(+
1.
89
%)
SBI Life Insurance
1,998.
90
(+
1.
43
%)
Today’s Top Losers
Apollo Hospitals
7,642.
00
(-
1.
80
%)
Interglobe Aviation
5,583.
50
(-
1.
92
%)
Bharti Airtel
2,001.
20
(-
4.
47
%)
UltraTech Cement
11,849.
00
(-
0.
51
%)
Trent
4,627.
30
(-
1.
11
%)
Read More Articles on Global
Vingroup Founder Launches VinSpace, Venturing into Aviation and Spacecraft Manufacturing
1 day ago
Japanese Long-Term Bond Yields Rise as New PM Appoints Fiscal Stimulus Advocates
1 day ago
Novo Nordisk Executive Collapses During White House Drug Price Cut Announcement
1 day ago
Meta's Internal Documents Suggest Significant Revenue from Questionable Ads
1 day ago
Global AI Stock Selloff Impacts Indian Proxy Companies Amid Valuation Concerns
1 day ago
Boeing Escapes Criminal Charge in $1.1 Billion Settlement Over 737 Max Crashes
1 day ago
Nikkei Plunges Below 50,000 as Tech Selloff Intensifies
1 day ago
US Stocks Tumble as Tech Sector Leads Decline; Sterling Strengthens on BoE Decision
1 day ago
Airbnb Soars on Strong Holiday Quarter Outlook and Robust Booking Growth
1 day ago
Take-Two Pushes Grand Theft Auto VI Launch to Late 2026, Reports Strong Q3 Results
1 day ago
Tesla Shareholders Approve Unprecedented $1 Trillion Compensation Package for Elon Musk
1 day ago
Eli Lilly and Novo Nordisk Reach Landmark Deal to Slash Obesity Drug Prices
1 day ago
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Corporate Actions
Corporate Actions
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CARE Ratings Expands Employee Stock Ownership with New Allotment and ESOP Grant
12 minutes ago
CARE Ratings has allotted 6,283 equity shares to employees under its ESOP scheme, increasing its paid-up share capital from Rs. 30,00,70,800 to Rs. 30,01,33,630. The company also approved a new grant of 27,000 stock options at an exercise price of Rs. 1,567 per share, vesting over three years. This move aims to enhance employee engagement and align interests with shareholders.
Salem Erode Investments Approves Rs 1.05 Crore Debenture Issue
1 hour ago
Ecoboard Industries Shareholders Approve Share Capital Increase and Preferential Issues
1 hour ago
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Market News
Market News
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Crude Oil Prices Rebound on Friday, Despite Weekly Decline
3 hours ago
Crude oil prices rebounded on Friday, with Brent Crude rising 0.39% to $63.63 per barrel and WTI Crude up 0.54% to $59.75. However, both benchmarks are heading towards weekly declines of about 2% due to increased global output. The market faces mixed pressures including oversupply concerns, OPEC+ output decisions, and Chinese demand growth. The US government shutdown impacted diesel demand. Geopolitical factors continue to influence the market, as evidenced by Gunvor's withdrawal from purchasing Lukoil's foreign assets.
Market Wrap: Nifty and Sensex Close Marginally Lower Amid Mixed Corporate News
21 hours ago
Markets at Noon: Nifty and Sensex Dip Amid Corporate Developments
1 day ago
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Bulk Deals & Orders
Bulk Deals & Orders
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WF Asian Reconnaissance Fund Trims Stake in 5Paisa Capital to 17.88%
2 hours ago
WF Asian Reconnaissance Fund Limited has decreased its shareholding in 5Paisa Capital from 19.91% to 17.88% through a secondary market transaction. The fund sold 37,404 shares, reducing its total holding to 24,61,046 shares out of 5Paisa Capital's total paid-up equity capital of 3,12,42,338 shares. This disclosure was made in compliance with SEBI regulations.
Tiger Global-Linked Fund Exits Ather Energy, Selling Entire 5.09% Stake
2 hours ago
Italy Gives Conditional Nod to Tata Motors' €3.8 Billion Iveco Acquisition
2 hours ago
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Market Movers
Today’s Top Gainers
Eicher Motors
6,886.
00
(+
1.
17
%)
Mahindra & Mahindra
3,690.
20
(+
1.
98
%)
Adani Enterprises
2,369.
40
(+
2.
38
%)
Bajaj Finserv
2,102.
10
(+
1.
89
%)
SBI Life Insurance
1,998.
90
(+
1.
43
%)
Today’s Top Losers
Apollo Hospitals
7,642.
00
(-
1.
80
%)
Interglobe Aviation
5,583.
50
(-
1.
92
%)
Bharti Airtel
2,001.
20
(-
4.
47
%)
UltraTech Cement
11,849.
00
(-
0.
51
%)
Trent
4,627.
30
(-
1.
11
%)
Global Indices
FTSE
9682.57
-
53.
21
(-
0.
55
%)
Hang Seng
26241.83
-
244.
07
(-
0.
92
%)
DAX
23569.96
-
164.
06
(-
0.
69
%)
CAC
7950.18
-
14.
59
(-
0.
18
%)
US Tech 100
23091.25
-
78.
00
(-
0.
34
%)
SSE Composite Index
3997.5557
-
10.
20
(-
0.
25
%)
NIKKEI 225
50276.37
-
607.
31
(-
1.
19
%)
TAIEX
27651.41
-
248.
04
(-
0.
89
%)
US 30
47008.09
+
74.
78
(+
0.
16
%)
KOSPI
3953.76
-
72.
69
(-
1.
81
%)
S&P
6765.75
+
6.
25
(+
0.
09
%)