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Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets
Situational, an AI-focused hedge fund run by former OpenAI researcher Aschenbrenner, sold the bulk of its stock bets to Citadel last month after heavy losses in its tech holdings forced it to unwind most of its public equities portfolio
India has political stability; world sees it as bright spot of growth, hope: PM Modi
The prime minister said the world has many concerns regarding growth as resources are getting weaponised, but India is being seen as a bright spot of growth.
Power Grid wins ₹823 crore annual tariff bid for Gujarat transmission project under TBCB
Shares of Power Grid Corporation of India Ltd ended at ₹272.30, up by ₹7.05, or 2.66%, on the BSE.
Top 10@10: ICICI, HDFC Bank’s dollar bond bets, mobile PLI 2.0 and sugar imports make news
Top 10@10 — CNBC-TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial highlights — delivered at 10 pm.
India calls for stronger global tech collaboration at BRICS meet
Union Minister of State for Science and Technology Jitendra Singh says India has chosen ‘Building for Resilience, Innovation, Cooperation and Sustainability’ as the theme of its BRICS Presidency in 2026
India's downstream gas regulator approves LPG pipeline infrastructure worth $731 million
India's downstream petroleum and gas regulator said on Friday it has approved the laying of about 1,800 km of LPG pipeline infrastructure at an estimated investment of 70 billion rupees ($731.49 million).
Rapido-Backed Ownly Grabs 10% Of Bengaluru Food Delivery Market, Eyes Entry Into Other Cities
The company's average order value is currently around 60% of the industry average.
AI will expand opportunity for Indian IT firms, but business models will have to evolve: Snowflake India MD
AI is reshaping India's IT services industry, pushing companies towards outcome-based engagements while opening new opportunities in data engineering, specialised skills and enterprise AI. Snowflake India MD Vijayant Rai says traditional system integrators can benefit as enterprises move AI from experimentation to production, but firms will need to adapt their business models and focus more closely on measurable business outcomes and ROI.
India Buys Its Most Expensive LNG In Years As War Upends Market
Those are the most expensive LNG cargoes imported into the India since 2022, according to the people who asked not be name because the deals aren't public.
India makes millions of phones. Now it wants to make more of what goes into them
India’s next mobile manufacturing push is about more than assembling phones. Industry leaders say local components, semiconductors, R&D and Indian brands will determine whether domestic value addition can rise to 35-40%.
iPhone 18 Pro & More: Did Apple Accidentally Leak Over 10 Unannounced Devices In macOS 26.7 Code?
Apple has not confirmed the devices or their launch timelines. September 9 is currently being tipped for its next major iPhone event.
Zydus secures U.S. FDA nod for scurvy injection generic
The product will be manufactured at the group’s injectable manufacturing plant in Jarod, near Vadodara and marketed in the US by Zydus Pharmaceuticals (USA) Inc
India's UPI story isn't over: Why credit and AI could drive the next phase of India's fintech boom
UPI still has room to grow despite its massive scale, but industry leaders say the bigger opportunity now lies in building credit, AI-powered lending and embedded finance on top of India's digital payment rails.
Robinhood, Coinbase, Other Crypto Stocks Rocket Up To 15% On Trump's Clarity Act Push
Bitcoin mining machine maker Canaan jumped 26.53%, while MARA Holdings also traded higher.
U.S. FDA flags Aurobindo arm’s Hyderabad plant
HomeFirst Finance is funding ESG-rated homes, hopes it will attract sustainable capital
HomeFirst Finance is extending its ESG push to individual homes, co-developing green certification standards with IFC and onboarding over 600 such homes to attract sustainable capital.
Why is Robinhood stock rising today? Trump’s crypto push sends HOOD up nearly 5%
Robinhood stock rises nearly 5% as Trump backs the Clarity Act, boosting hopes for clearer US crypto rules and stronger growth for HOOD.
How Venezuela has emerged as a key oil supplier to India amid Hormuz disruptions
Venezuela has emerged as a much larger supplier to India in August till now, with imports rising sharply and placing the South American producer fourth in India's crude supply rankings, Kpler data showed.
PFRDA chief puts India’s retirement-income replacement rate at 35–40% versus 60% global level
Ramann says Indians need to invest more for retirement as PFRDA targets 30 crore people via NPS,APY over the next four to five years
Prince Harry, Elton John Hit With $13M Legal Fees Following Failed Daily Mail Privacy Lawsuit
Prince Harry and Elton John face legal costs after losing privacy case.
US Treasury Yields, SEBI Action, Iran War, IPO Buzz And More — The Week That Was
For the week, the Sensex dropped 0.6% and the Nifty 50 declined 0.46%.
US' Record Services Growth Offsets Iran War-Hit Manufacturing Sector, Says S&P Global
Despite the reduction in August, the third quarter's average cost increase is still marginally higher than the second quarter's.
Bank of Baroda raises another $400 million overseas, takes 2031 bond issue to $700 million
Bank of Baroda has raised an additional $400 million through five-year senior unsecured notes carrying a 5.318% coupon, adding to the $300 million issued earlier.
India expects Apple to make more than iPhones here, Google could shift more production from China
IT Minister Ashwini Vaishnaw said India is working with Apple to broaden local manufacturing, while Google could bring a significant share of its export-focused device production to the country.