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Sony, 3one4 Capital back WeRize in fresh funding as fintech eyes 2028 IPO

MUMBAI, June 4 -- Fintech platform WeRize has raised $7 million in a pre-Series C funding round, according to a company statement. The round was led by Sony Innovation Fund, the corporate venture arm ... Read More


Raja Venkatraman recommends three stocks for 4 June

Stock market recap, June 4 -- Trends remained under pressure as higher levels continued to attract steady supply. With price action failing to align with expectations, the near-term outlook remains ch... Read More


'No better opportunity than India': Citi's Ernesto Torres Cantu on layoffs, AI, and supply chains

MUMBAI, June 4 -- Citigroup's plan to eliminate about 20,000 jobs globally through 2026 is unlikely to affect its India workforce, a senior executive said. Under chief executive Jane Fraser, who took ... Read More


Stock recommendations for 4 June from MarketSmith India

Stock market recap, June 4 -- Indian equity markets ended Wednesday on a cautious note, with the Nifty 50 settling at 23,405.60, down 0.33%. Sentiment was weighed down by heightened geopolitical tensi... Read More


Shooting for the stars: three Indian space stocks worth watching

New Delhi, June 4 -- The space race used to be a rich-nation flex. America, Russia, and then China shot rockets into orbit while the rest of the world watched on livestreams. But India rewrote that s... Read More


Law firms shift lens as clients look to skip litigation, beef up compliance

New Delhi, June 4 -- For a growing number of securities law firms today, the most valuable legal battle is the one that never reaches a courtroom. For years, they thrived on a steady stream of enforce... Read More


Auto firms look to build, expand their captive retail lending biz

New Delhi, June 4 -- Automakers are pushing deeper into vehicle financing as a growing reliance on loans turns customer credit into a lucrative business opportunity. From Honda Motor Co. and Eicher Mo... Read More


FPIs beat mutual funds by rupee returns despite $27 billion exodus

New Delhi, June 4 -- Foreign portfolio investors (FPIs) outperformed Indian mutual fund managers on rupee returns last year, even though they pulled out a then $27 billion from the country's equity ma... Read More


Indian developers central to Microsoft's renewed Windows, AI strategy

San Francisco, June 4 -- A renewed focus on developer-friendly features for Windows-one of the world's largest operating systems with over 1.4 billion users-could be key for Microsoft to strengthen it... Read More


Uber cuts 23% of HR, People division as new president takes over

New Delhi, June 4 -- Uber Technologies said it is cutting 23% of jobs in a division that includes human resources, recruitment, workplace facilities and culture, part of a move by the rideshare compan... Read More