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Silicon Valley

Bengaluru has been dealt a terrible hand by politicians

Updated On: 10 Apr 2023 | 7:23 AM IST

The government shouldn't overreact to the banking crisis by imposing more rules on the industry, Dimon said

Updated On: 07 Apr 2023 | 9:03 AM IST

Before the collapse of Silvergate Capital Corp and other regional institutions, bigger banks were steeling themselves for more regulations since Michael Barr took over as the Fed's No. 2 official

Updated On: 07 Apr 2023 | 8:58 AM IST

In an exclusive interaction with Business Standard, Sridhar Vembu say the trend of large-scale layoffs in Silicon Valley has now hit Indian shores

Updated On: 04 Apr 2023 | 10:36 PM IST

Anarock's data shows rents in various Bangalore neighborhoods have jumped by double digits since 2019, echoing a wider surge across India's major cities

Updated On: 04 Apr 2023 | 10:34 PM IST

Customer confidence may improve if recovery time, insurance coverage is better

Updated On: 03 Apr 2023 | 10:24 PM IST

March was a month for the history books, marked by the collapse of a systemically important financial institution and a bond market wipeout. Caution may be the need of the hour

Updated On: 03 Apr 2023 | 9:13 PM IST

Inflation management versus public debt management - the RBI's two roles are at odds with each other

Updated On: 30 Mar 2023 | 11:03 PM IST

The lender said it will assume $56 billion in deposits and 17 legacy branches will begin operating Silicon Valley Bank, a division of First Citizens

Updated On: 27 Mar 2023 | 9:34 PM IST

Immediate action by the government to help Indian startups in the aftermath of Silicon Valley Bank (SVB) collapse ensured they were not adversely impacted by the "minor crisis", Union Minister Ashwini Vaishnaw said on Monday. He also exhorted the entire startup community to think of the Indian banking sector as their trusted partner. Vaishnaw, Minister for IT and Communications, also noted the rapid strides taken by India in areas of Artificial Intelligence (AI) and quantum computing. Speaking at India Global Forum event, the Minister said while there was a time when India was only seen as a consumer of technology, today "many global developers like to have Indian start ups, entrepreneurs and academicians as their partners, as technology gets developed". "... In these two technologies, we would like use of Indian talent for developing solutions for India and for the world," he said. To a question on whether India can produce something equivant to ChatGPT, the Minister said "wait f

Updated On: 27 Mar 2023 | 2:33 PM IST

High-profile investors have voiced their support for Silicon Valley Bank. In an interview with Bloomberg Television, investor Vinod Khosla said he was encouraging companies to keep funds with the bank

Updated On: 23 Mar 2023 | 8:27 AM IST

The SVB collapse has alerted hundreds of Indian investment and tech companies. They came together to help each other and share knowledge to deal with the impact

Updated On: 22 Mar 2023 | 3:36 PM IST

The FDIC's decision to lock down the $2 billion creates jeopardy in the bankruptcy case, said Tom Lauria, a lawyer representing a large bondholder, Appaloosa LP

Updated On: 22 Mar 2023 | 8:18 AM IST

The surge in loans to high-up figures may draw scrutiny as the Federal Reserve and Congress investigate the breakdown of Silicon Valley Bank, the biggest US bank collapse in more than a decade

Updated On: 22 Mar 2023 | 8:16 AM IST

Crude Oil prices declined by 10 per cent in the last 7 days - from $80.6 per barrel (Brent oil) on March 13

Updated On: 20 Mar 2023 | 10:26 PM IST

Credit Suisse collapse shows need to focus on stability

Updated On: 20 Mar 2023 | 10:10 PM IST

It will seek bids for Silicon Valley Private Bank until March 22 and for the bridge bank until March 24

Updated On: 20 Mar 2023 | 6:49 PM IST

Analysts attribute fallout in domestic equities due to investors' fear of a domino effect after the collapse of big financial institutions in the US, and Europe

Updated On: 20 Mar 2023 | 3:44 PM IST

The rules of the games are not the same on the US and Indian banking turfs but if risks are mispriced, the fallout could be similar

Updated On: 19 Mar 2023 | 7:25 PM IST