Indian IT stocks are experiencing significant declines, sparking fears of an AI-driven “Kodak moment.” While some analysts warn of direct exposure to AI-induced displacement, others argue the market is oversimplifying the role of IT services. Experts suggest AI could paradoxically…
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India plans to start domestic production of rare earth permanent magnets by the end of 2026 in partnership with private firms, aiming to reduce reliance on imports, mining minister Kishan Reddy said. The government approved a ₹73 billion ($802 million)…
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Waaree Energies will establish India’s largest integrated lithium-ion battery gigafactory in Andhra Pradesh. The project, costing Rs 8,175 crore, will be located in Rambilli, Anakapalli district. This facility will manufacture battery cells, packs, and large-scale Battery Energy Storage Systems. It…
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A bench of Justices P S Narasimha and Alok Aradhe recorded the statement made to this effect by senior advocate Gopal Subramanian on behalf of AESL and gave Think andLearn Pvt Ltd (TLPL), Byju’s parent company, one week to subscribe…
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The Securities and Exchange Board of India (SEBI) has constituted a Working Group to review the regulatory framework for ESG Rating Providers (ERPs).
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The Reserve Bank of India will mandate unique transaction identifiers (UTIs) for all over-the-counter derivative trades starting January 1, 2027. This move aims to enhance traceability and risk monitoring for instruments like FX and interest rate derivatives. Market participants must…
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