The Centre is preparing new rights-based bills to boost ease of doing business. These will be implemented by state governments within the year. The initiative includes an Ease of Doing Business Bill and a Right to Business Act with affidavit-based…
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Last week, Nomura had assigned a 65% probability that the Reserve Bank of India would cut its policy rate by 25 basis points to 5%. It now joins the likes of Capital Economics and ANZ in no longer expecting an…
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India’s massive software services sector faces a sharp downturn. AI advancements are causing significant market value losses for major IT firms. Investors are questioning the future of the traditional outsourcing model. The industry is undergoing a crucial valuation reset. The…
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Shares of IT giants Infosys and Wipro tumbled as much as 6% on Friday, extending recent losses. This decline follows a sharp overnight drop in their ADRs after Anthropic unveiled a new AI product capable of automating professional tasks, reigniting…
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Real estate stocks, particularly those exposed to Bengaluru, saw a significant drop on Friday. This sell-off is driven by investor concerns over potential AI disruption in the IT sector, which could negatively impact demand for property.
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ETCFO and ETLegalWorld, in association with JSA Advocates & Solicitors, will convene Boardroom Connect on 13 February in New Delhi. The initiative will feature two closed-door strategic roundtables, bringing together finance and legal leaders from sectors at the sharp end…
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