SoftBank is considering acquiring Indian IT and BPO firms to integrate AI, moving beyond its traditional investment approach. It aims to enhance these firms with AI, driving efficiency and revenue growth. While a deal with AGS Health didn’t materialize, SoftBank…
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Kalpataru, a Mumbai-based real estate developer, is set to launch an IPO to raise ₹1,590 crore for debt repayment, diluting promoter stake to 81.3%. The company’s revenue and margins have improved, with reduced unsold inventory and shorter overhang days. While…
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Accenture’s latest financials signal a demand slowdown for Indian software outsourcing. Deal bookings have weakened amid uncertainty. New bookings declined for the second quarter. Headcount also saw a significant drop. Indian IT stocks reacted negatively. Analysts anticipate AI and BFSI…
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India and the United States are in discussions for a temporary trade agreement. Both countries are working to finalize the deal before July 9. The US had previously suspended additional tariffs on Indian goods. India seeks full exemption from these…
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The finance ministry has urged Irdai to enhance vigilance on claim settlements and grievance redressal amid rising health insurance premiums. Concerns were raised about premium hikes, corporate governance in stand-alone health insurers, and declining insurance penetration.
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The tech industry faces ongoing job cuts in 2025, largely attributed to the rise of generative AI. Major companies like Alphabet and Microsoft are increasingly using AI for code generation, impacting entry-level positions. This shift has led to concerns among…
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