Hudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India’s concessional forex swap facility. The company is engaging with international entities for this fundraising. This move supports Hudco’s lending and…
Read More
The transaction will involve Airtel issuing equity shares to Indian Continent Investment Limited (ICIL), a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa, the Gurugram-headquartered telco said in a regulatory filing.
Read More
Indian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption grows. While global standards align, domestic regulations like DPDP are the immediate focus. Firms are investing in AI governance…
Read More
Indian equities experienced a robust start to the week, with the Sensex and Nifty surging over 1.5% each. This rally was fueled by an Iran-US peace framework and declining oil prices, mirroring positive global market trends. The significant gains boosted…
Read More
Foreign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows in previous months. Geopolitical tensions and global growth worries are driving these sales. The weakening rupee also plays a…
Read More
The Indian government is developing a strategy for domestically controlled AI infrastructure to enhance AI adoption in governance and cultivate skilled talent. NITI Aayog is identifying ecosystem gaps and recommending measures to bolster India’s independent AI development and deployment capabilities,…
Read More