Alibaba (BABA) Q1 2027 Earnings Call Transcript
Cloud revenue surged 45% as AI infrastructure investments weighed on profitability.
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Gaotu (GOTU) Q2 2026 Earnings Call Transcript
Revenue grew 20% year over year as losses narrowed and cash flow surged 46%.
CIBC (CM) Q3 2026 Earnings Call Transcript
EPS surged 26% as bank posts ninth straight quarter of double-digit growth.
Irdai opens NDB's Maharajah INR bonds to insurers
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah INR Bonds.
- Irdai permits insurers to invest in Maharajah INR bonds issued by NDB.
- NDB aims to raise ₹25,000 crore through these bonds over five years.
- Insurers can include these bonds in approved investments if meeting rating criteria.
Asian stocks set to edge lower ahead of US Fed chair’s policy speech
US technology stocks rallied on Thursday on Nvidia’s blockbuster outlook