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I was looking for a word to describe an unimagined market and the best fit I could find is terra incognita, or “unknown land.” Roman cartographers used the term to label mystery territories on maps for explorers. This all came up because Deloitte just published its attempt at a v

AI Rack Density’s Real Limits: Power, Cooling, Failure Risk As AI racks push past 100 kW, electrical engineering and resilience planning – not chip counts – are setting the cap. For decades, each new generation of hardware has packed more compute into less space. AI accelerated t

The Scene What differentiates Blackstone from other investors is that “when we identify something, we go big,” Jon Gray says. The firm Steve Schwarzman co-founded and still leads had just $750 million of capital when Gray joined it at the age of 22. Now, as its president and chie

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The Signal Insight Cohere’s valuation shot up from $7 billion a year ago to a reported $20 billion after the Canadian builder of AI models for enterprises and governments announced a planned combination with Germany’s Aleph Alpha this April. That still makes it a minnow compared

As Federal Reserve Chair Kevin Warsh prepares to address the Kansas City Fed’s annual conference for the first time on Friday morning, his critics hope he takes the opportunity to show his independence from President Donald Trump amid the president’s renewed attempt to oust centr

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Shares of Iris Clothing moved closer to their 52-week high after Nippon Life India Asset Management picked up a sizeable stake in the textile company through a bulk deal. According to NSE bulk-deal data, Nippon Life India Asset Management acquired 11.53 lakh shares of Iris Clothi

Nepal army rescues survivors from hydropower tunnel The Nepali army has been working to rescue survivors who had been trapped inside a tunnel at a hydropower project in Rasuwa. Footage shared by the country's prime minister office shows soliders carrying survivors and crawling ac

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Just Dial share price surged 10% to hit its upper circuit of ₹704.65 on the BSE in intraday trade on Friday, 28 August, looking set to snap its five-day losing streak. Soon after opening at ₹654.65, up from its previous close of ₹640.60, Just Dial shares jumped 10% to hit their u

The initiative to attract offshore debt sales, not previously reported, comes as Beijing's promotion of the global use of its currency is finding the most traction in debt markets where low rates are spurring record issuance. The Shanghai Financial Regulatory Bureau proposes a su

Callaway drops golf brand over sexist video row - Published Golf club manufacturer Callaway has ended its partnership with content creator Good Good with immediate effect following backlash over a video which showed a woman being pushed to the ground after reaching for a club. Am

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The rating and target remain unchanged from the brokerage's previous estimate, following an analyst meeting on August 27. The brokerage values MHL at 45 times its estimated June 2028 earnings. According to JM Financial, the stock currently trades at 34 times June 2028 estimated e

The study tracked the price performance of popular investment options between the end of 2020 and August 12, 2026. It covered major US and UK stocks, gold and Dubai real estate, ranking the assets based on their percentage gains between their 2020 starting prices and their 2026 v

Off the Wire Press Releases A new project called STREAMLINE is using artificial intelligence and supercomputers to solve one of nuclear physics’ hardest challenges — unlocking insights into atomic nuclei, neutron stars and fundamental forces. Aug. 28, 2026 — At the heart of every

Priority Jewels IPO Day 1 LIVE: Bidding for the initial public offering (IPO) of Priority Jewels Ltd has opened today. The public issue will remain open for bidding until 1st September 2026. The company has declared the Priority Jewels IPO price band at ₹190 to ₹200 per equity sh

According to Elara, Alkem offers the strongest potential for margin recovery, while Eris and Mankind could benefit from portfolio expansion, acquisition synergies and deleveraging. On IPCA, Elara noted that the stock's 30% rally over the past three months has already priced in mu

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Symbiotec Pharmalab IPO allotment is all set to be finalised on Friday, 28 August. The mainboard IPO received stellar response from investors, with issue being subscribed over 71.26 times. Under the ‘T+3’ listing rule, an IPO is required to be listed on the stock exchanges within

Since Sheela Foam picked up a 35% stake in Furlenco, the furniture rental company’s revenue from operations has grown 2.6X in two years, rising from Rs 140 crore in FY24 to Rs 370 crore in FY26. Furlenco has also remained profitable, posting a profit of around Rs 60 crore in FY26

Uber, Eternal, and Porter have reportedly withdrawn from the Karnataka Platform-Based Gig Workers Welfare Board amid their legal challenges to the state’s gig workers law. The three companies were members of the welfare board constituted under the Karnataka Platform-Based Gig Wor

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Serial rapist police officer passed vetting despite warnings, BBC reveals - Published A police officer - who was later exposed as a violent serial rapist - passed vetting checks to join the force despite having two reports of criminal behaviour against women on his record, BBC Di

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The divergence cuts to the heart of Wood’s warning that efforts to suppress US bond yields may support equity prices in nominal terms while steadily eroding the value of the currency in which those returns are measured. In his latest GREED & fear report, Wood argued that any succ

Multi-asset allocation funds have emerged as the clear standouts within the hybrid schemes category over the past year, helped by a powerful rally in gold and silver and the flexibility to shift between asset classes as market conditions change. Hybrid schemes include balanced hy

Warsh’s speech at the Federal Reserve’s high-profile economic symposium in Jackson Hole, Wyoming, comes just three months into his tenure as Fed chief and has emerged as an important test of his approach to monetary policy communication. The focus will be on whether Warsh maintai

Will fast-tracked Itauma become world champion at 21? - Published British heavyweight Moses Itauma pulls out his phone and scrolls through his pictures. He shows a meme featuring former Nigerian president Olusegun Obasanjo in traditional attire, standing with his hands on his hip

Yields extended their gains after the two-year Japanese government bond auction showed a notable decline in demand compared with the previous month’s sale. The weaker auction raised concerns about investor appetite for Japanese government debt at current yield levels, Reuters rep

The brokerage based its target on 40 times SBI Funds Management’s estimated operating profit after tax (OPAT) for September 2028. This is in line with the multiple assigned to HDFC AMC, given the two companies’ similar earnings growth profiles. SBI Funds Management is India’s lar

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