PSU stocks: Government gains PSU muscle as stocks climb peaks

Mumbai: State ownership in listed firms, in terms of the value of shares held, surged to a seven-year high of 10.38% of total market capitalisation as of March 31, driven by a robust rally in several public sector unit (PSU) stocks. The value had touched a high of 22% of total market capitalisation of listed … Read more

Elon Musk war on Delaware may change how companies make big decisions

Elon Musk, owner of Tesla and the X (formerly Twitter) platform, attends a symposium on fighting antisemitism titled ‘Never Again : Lip Service or Deep Conversation’ in Krakow, Poland on January 22nd, 2024. Beata Zawrzel | Nurphoto | Getty Images It remains to be seen what Tesla will do about Elon Musk’s pay just a … Read more

Hewlett Packard Enterprise tops the 2024 JUST 100 list

Antonio Neri, CEO, Hewlett Packard Enterprise, at the NYSE, Oct. 19, 2023 Source: NYSE Technology stocks have taken back the No. 1 spot in the JUST 100, an annual ranking of large public companies on issues of key importance to the American public, with Hewlett Packard Enterprise topping last year’s No. 1 Bank of America. … Read more

Opinion | AI regulation will help drive, not deter, growth – as the biggest tech firms know

This is under way. Several governments that had signed up for high-level voluntary principles, such as the Organisation for Economic Co-operation and Development AI Principles, are moving to formulate and enact regulation. Global consensus is emerging with the convening of the two-day AI Safety Summit in Britain. The November event brought together government and business … Read more