Both the SME and mainboard IPO segments have contributed to this success, supported by strong demand from local retail investors and institutions, reveals GlobalData, a leading data and analytics company.
Category: Corporate
Temasek marks 50th anniversary by setting aside SGD 100 million in Concessional Capital for Climate Action
Temasek said in a media release: “The battle for net zero will be won or lost in Asia, which hosts more than half of the world’s population and contributes more than half of global carbon emissions. Yet the region faces unique structural constraints and challenges that hinder the pace of progress.”
Led by tech stocks, Dow Jones jumps 500 points, S&P 500 hits record high after US Fed rate cuts
Meanwhile, the S&P 500 climbed 1.7 percent, closing above 5,700 for the first time in its history.
In first reduction since 2020, US Fed cuts interest rates by 50 bps
Additionally, the Fed signaled plans for another half-point reduction before the year’s end, with a further one percentage point decrease expected in 2025.
“We are deeply saddened”: Ernst & Young responds after mother of 26-year-old Indian employee blames her death on overwork stress
Perayil’s mother claimed that while several employees of Ernst & Young quit over “excessive workload”, her daughter was told by her boss to “stick around and change everyone’s opinion about the team”.
Singapore-based CapitaLand to double its current SGD 7.4 billion investment in India by 2028
CLI announced its growth strategies to achieve the FUM target for India as it celebrates its 30th anniversary with business partners, investors and staff in Mumbai on September 4.
IIT-Bombay: With 22 students securing 1 crore plus offers, avg salary increases by 7.7% amid marginal drop in 2024 placements
However, despite the rise in salary offers, the number of students securing placements through the campus drive experienced a slight drop.
TCS and Google Cloud partner to launch AI-powered cybersecurity solutions to tackle advanced threats
TCS has expanded its partnership with Google Cloud to offer two solutions—TCS Managed Detection and Response solution and TCS Secure Cloud Foundation solution
These solutions will enhance threat detection and response capabilities of businesses, even in non-cloud environments and will help TCS customers create forward-looking and secure businesses.
Snag in Airbus A350 engine forces Cathay Pacific to scrap Hong Kong-Singapore flights on September 3
The Hong Kong-based company said that the engine of a Hong Kong to Zurich flight developed a problem minutes after take-off. It returned to the base 75 minutes later.
Brazil bans X after Elon Musk refuses to abide by local laws, slams Supreme Court
X chief Elon Musk calls Alexandre de Moraes an “evil dictator cosplaying as a judge.”