There are overvaluation and excesses in many pockets of the market.This is most obvious in the IPO market, where loss-making companies have inflicted large losses on investors, observes Debashis Basu. Stock markets all over the globe have come a long way from the sudden crash in late March and early […]

New York (CNN Business)High inflation is making Americans unhappy, and the Federal Reserve must step up its campaign to get prices back under control, a top Fed official said Monday. “This inflation we’re seeing is very bad for low and moderate-income households,” St. Louis Federal Reserve President James Bullard told […]

Rahul Bajaj was transparent, outspoken, and not ready to bend the rules, says R C Bhargava. As marketing director in Maruti Suzuki (then called Maruti Udyog) in the early 1980s, I wrote to Rahul Bajaj, requesting him to intervene and get an “out of turn” allotment of coveted Bajaj scooters for […]

EXCLUSIVE: Warner Bros is sick and tired of having streaming sand kicked in its face. As Village Roadshow heads back to the court docket today to further push ASAP on the breach of contract lawsuit the longtime supplier of tentpole flicks filed last week against the WarnerMedia-own studio over box […]

Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the […]

Asian stocks ended mostly lower on Monday as an upbeat U.S. jobs report fanned concerns about the Federal Reserve’s hawkish policy tightening. Geopolitical tensions and inflation concerns supported gold prices while Brent oil fluctuated in Asian trading following a run of seven weekly gains. Chinese shares rallied as traders returned […]

New York (CNN Business)Tesla is recalling over 500,000 vehicles in the United States due to its Boombox feature, a 2020 update that allows drivers to play sounds such a bleating goat or a fart noise outside the vehicle. The Boombox feature allowed drivers to play preset or custom sounds from […]

Large companies are disappearing at a much younger age than they used to. According to a study by management consulting firm McKinsey, the average lifespan of a company on the S&P 500 list of the publicly traded enterprises was 61 years in the late 1950s. In 2016, it had fallen […]

(CNN)President Joe Biden plans to speak with Russian President Vladimir Putin on Saturday, a person familiar with the matter said, as the US warns Russia could attack Ukraine at any moment. National security adviser Jake Sullivan said Friday the two men would speak by phone, but didn’t say when. Biden […]

National Football League announced earlier this month that it will be awarding $1 million to fund the research on whether cannabinoids can be useful in pain management and neuroprotection in elite football. The funding will be divided between researchers at the University of California San Diego and the University of […]