The PHD Chamber of Commerce and Industry (PHDCCI) has urged the government to abolish long-term capital gains (LTCG) tax on equity investments and reduce short-term capital gains (STCG) tax from 20 per cent to 10 per cent as part of…
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Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an…
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Anthropic on Monday unveiled two new AI models, Claude Fable 5.2 and Claude Mythos 5.2, as the OpenAI rival looks to strengthen its position in the fast-growing AI market ahead of its planned IPO.
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McKinsey said banks could reinvest half of the capacity released through automation into stronger analytical capabilities, strategic risk advisory and faster portfolio decisions. The remaining capacity could be directed towards specialised AI engineering, data governance and platform development.
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Australian airline Qantas Airways plans to cut about 850 jobs and outsource a range of back-office functions under a new technology partnership with consulting firm Accenture with most of the affected roles expected to move to India, as per reports.
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GIFT Nifty climbed nearly 1.19 per cent on Tuesday as of 12.45 pm, indicating a positive opening for Indian equities when trading resumes, supported by easing crude oil prices and improving global sentiment.
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