Silicon Valley is abuzz with mega IPOs as AI giants OpenAI and Anthropic, alongside Elon Musk’s SpaceX, prepare to list. These high-profile tech companies, valued in the hundreds of billions, could signal a new era of unprecedented deal sizes. Wall Street anticipates a bonanza, while investors eagerly await a clearer view of AI’s moneymaking potential.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs