Sumitomo Mitsui Banking Corporation (SMBC) is seeking RBI approval for a wholly-owned subsidiary, signaling its intent to acquire a controlling stake in Yes Bank. Following an initial 20% stake purchase, SMBC aims to increase its holding to nearly 34%, with…
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Economists anticipate Reserve Bank of India will reduce interest rates this week. This decision comes amid decreasing inflation. Experts await the central bank’s insights on inflation and economic growth. These insights will help determine the duration of the easing cycle.…
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The Securities and Exchange Board of India (SEBI) has confirmed the suspension of LS Industries, its promoter Profound Finance, and four other individuals from participating in the securities markets.
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Coal India has filed DRHPs for IPOs of subsidiaries BCCL and CMPDI, both structured as offers for sale. Proceeds will go to Coal India. CMPDI posted strong FY25 results, aiming to boost market visibility. IPOs will list on NSE and…
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Agentic AI is evolving with standardized architectures, enabling autonomous operation and complex problem-solving. Enterprises are automating workflows, requiring multi-agent frameworks, coordination systems, and common communication languages. Human supervision remains crucial, with regular intervention points needed to maintain control and ethical…
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India’s aviation sector has surged past pre-pandemic levels, becoming the world’s third-largest in passenger traffic. IATA highlights rising costs and tax uncertainty as critical challenges. While international and domestic sectors show strong recovery, airline profitability isn’t guaranteed without addressing infrastructure,…
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