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Satpal Arora

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Last Updated: Just Now
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Markets, IPOs & Wealth Just now (03:52 AM IST)

Jhunjhunwala-Linked Fund Takes Stake in TFCI as Tourism Finance Outlook Improves

A Jhunjhunwala-partnered fund has acquired a stake in Tourism Finance Corporation of India, drawing market attention to the lender’s improving business outlook and its positioning in India’s travel and hospitality financing cycle. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora said the company is seeing a healthier operating environment and remains focused on disciplined growth.

By RDU Global Wire5 min read
Markets, IPOs & WealthJust now (01:40 AM IST)

Jhunjhunwala-Linked Fund Takes TFCI Stake as Tourism Finance Outlook Draws Market Attention

A fund associated with the late investor Rakesh Jhunjhunwala has acquired a stake in Tourism Finance Corporation of India, drawing fresh attention to the small-cap financier at a time when investors are reassessing domestic credit plays. In an interview with CNBC-TV18, TFCI Managing Director Satpal Arora outlined the company’s business conditions and the outlook ahead, underscoring the market’s interest in the stock and the broader tourism-finance theme.

6 min readRead →
Defence, Intelligence & Aerospace10h ago

Chinese AI Models Surge in Global Use, Raising Alarm in Washington

Chinese artificial intelligence models are rapidly gaining traction with companies around the world, according to usage data shared with CNBC, even as U.S. officials move to contain Beijing's technological rise. The shift is intensifying concern in Washington that cheaper, increasingly capable Chinese systems could erode America's AI lead and extend China's influence across emerging markets.

6 min readRead →

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