The Goenkas-led RPG Group surpassed Tata and Reliance in market capitalisation growth. Both Harsh Goenka and Sanjiv Goenka managed companies that saw substantial market cap increments. The conglomerate displayed remarkable financial performance in FY24.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while