McKinsey & Co. has eliminated approximately 200 global tech jobs, signaling a broader trend of consulting firms leveraging AI for automation. The company is assessing tasks for AI integration and may implement further reductions in non-client-facing roles over the next…
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Multi Commodity Exchange of India shares reached a new peak on Wednesday on the back of strong volumes. Analysts are optimistic, with UBS raising its target price to Rs 12,000. The exchange’s recent performance shows robust growth in profit and…
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The Union Cabinet is poised to approve a Rs 7,000 crore incentive scheme for rare earth permanent magnets, aiming to secure critical materials for EVs, renewables, and defense. This move comes as China, a dominant supplier, tightens export controls, prompting…
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Drishti Group has appointed Vipan Joshi as its new Chief Financial Officer. Joshi brings over 23 years of financial experience. His role will focus on financial strategy, risk management, and capital planning. This move aligns with the education sector’s trend…
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Indian stock markets, Nifty and Sensex, surged on Wednesday, breaking a three-day losing streak. Hopes of a US Fed rate cut, easing FII outflows, declining crude oil prices, and a broad-based rally in global and domestic equities fueled the market’s…
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Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by at least 30% from their peaks. This divergence is attributed…
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