Portugal weighing bigger Galp stake after Moeve merger collapse, minister says

Tata Capital’s exposure to revolving credit, which the Reserve Bank of India (RBI) has proposed to bar non-bank lenders from offering, accounts for less than 5 per cent of its loan book, said Rajiv Sabharwal, managing director and chief executive officer of the third-largest private-sector non-banking financial company (NBFC) on Tuesday.  The lender…

Though they seem to be led by providers and advisors, plan sponsors ultimately decide what is good for them and how that affects their retirement plans, which in turn will drive change for those in the defined contribution industry willing to listen. After 700 half-day TPSU educational programs with over 16,000 plan sponsors in an…

Anthropic is changing a data retention policy for business customers following concerns from enterprise users about how their information would be stored and reviewed. The company announced Tuesday (Sept. 1) it is introducing Enterprise Frontier Safeguards, a system that will give businesses greater control over how their data is reviewed, stored and managed. Anthropic said…

The Indian stock market is likely to remain under pressure in the coming week, from October 26 to 30, as elevated crude oil prices, persistent foreign institutional investor (FII) selling and weakening technical indicators weigh on investor sentiment. The Nifty 50 and BSE Sensex ended the latest week with losses, reversing their brief recovery and…

As measured across all channels, Rocket Cos. regained the No. 1 spot among mortgage originators, with profits up strongly year-over-year in the second quarter. Processing Content In one of the toughest spring housing markets because of diminished affordability and rising rates, Rocket thrived, gaining market share in both purchase and refinance, Varun Krishna, CEO, said…

If only time travel existed, right? Anyone who invested in Palantir Technologies (PLTR -2.78%) four years ago could be sitting on life-changing returns. A $10,000 investment would be worth over $170,000 today. The stock’s fortunes aren’t a fluke. Palantir has consistently delivered breathtaking growth and continues to set the bar high quarter after quarter. Palantir…