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The Securities and Exchange Board of India (SEBI) has issued a consultation paper to modify nomination norms for demat accounts and mutual fund folios, aimed at simplifying investor on-boarding and aligning processes with banking standards.
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Boeing expects its commercial airplane ​division to turn a profit in 2027, not this year as previously expected due to higher-than-expected costs of its purchase of parts supplier Spirit AeroSystems, its chief financial ‌officer said ⁠on Tuesday, ⁠in a new setback for the U.S. planemaker.
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Smartphone ​chip designer Qualcomm on Tuesday unveiled a $20 ​billion stock buyback program as it looks to take advantage of a steep drop in its share price, ‌which ⁠has been ⁠hit by a global memory supply crunch ​that is expected to slow handset manufacturing.
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Delta Air Lines raised its first-quarter revenue forecast in light of robust travel demand, offsetting a hit from spiking jet fuel costs due to the Middle East war.
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Investors are offloading software loans in debt vehicles at a discount, in the latest sign of pain in the software industry, which is being upended by AI.
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