ET Intelligence Group: Grasim Industries‘ acquisition of Sprng Energy is a strategic bet on India’s fast growing solar power sector, which is expected to help its renewable energy business outpace the group’s overall revenue growth. Revenue of renewable energy business is estimated to surge 382% to ₹4,446 crore by FY28, compared with a 31% anticipated…
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Robert “Bob” Murphy Jr., considered to be a pioneer in the growth of appraisal management companies, died on July 8. He was 83 years old, according to an online obituary. Processing Content Murphy was the co-founder of Lenders Service Inc., a forerunner of today’s ServiceLink, and a company which was considered to be the first…
But whether prices are going up or coming down, Canadians are reading the movement as negative: 36% of those who perceived any price change said the shift was bad for their personal finances, compared with just 18% who called it good. The survey also found that changing home prices are dampening market activity rather than…
Mumbai: Indian equities ended higher on Wednesday, tracking a broader rally across Asian markets, after a softer-than-expected US inflation reading fuelled hopes that the Federal Reserve may not need to raise interest rates as sharply as feared. However, gains remained capped as oil prices hovered around $85 a barrel following a third round of US…
The New York Times on Wednesday asked a federal judge to quash Justice Department subpoenas to journalists who reported on security flaws in President Donald Trump’s new Air Force One plane. David McCraw, the paper’s top lawyer, called the subpoenas “abusive” and “improper” in a statement. “As we set out in our motion, these subpoenas…
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New report finds 83% of clinicians adopted AI while workplace guidance and governance frameworks were still being developed. NEW YORK, July 15, 2026 /PRNewswire/ — A survey of 1,823 clinicians across 25 countries has found healthcare professionals are adopting AI faster than health systems can establish the governance needed to support them. Heidi, the AI Care…
Apollo PK Air Management is seeing the launch of its sixth aviation loan securitization this month, raising an expected $890.9 million from the capital markets. Processing Content The transaction, PK ALIFT Loan Funding 9 will use the proceeds to buy a portfolio of 42 loan facilities, made up of 110 loans. A majority of them…
Mumbai: The ₹9,813-crore Initial Public Offering (IPO) of SBI Funds Management was subscribed 2.77 times on Wednesday- the second day of subscription. The Qualified Institutional Buyer (QIB) portion was subscribed 1.5 times, Non-Institutional Investors (NII) portion 6.58 times, and retail investor portion was subscribed 1.61 times on Wednesday. Portion reserved for shareholders of its parent…