Hospitality giant Prism, parent of OYO, is aiming to raise Rs 6,650 crore via an IPO, with all funds coming from a fresh share issue. The company plans to use the majority of proceeds to repay borrowings. Prism has shown…
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“Modern cybersecurity sits at the intersection of digital platforms, AI deployment, regulatory accountability, operational resilience and customer trust.
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India’s leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show…
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India’s banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and even major institutions like LIC and SBI. This talent churn, driven by regulatory complexities and new opportunities, is creating a domino effect…
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The Bank for International Settlements (BIS) has issued a stark warning about the financial risks stemming from the rapid expansion of Artificial Intelligence, citing concerns of overinvestment and inflated valuations. BIS also highlighted the inflationary pressures and supply chain vulnerabilities…
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Asian stocks showed mixed performance as a strong dollar pushed the Japanese yen to a four-decade low. Despite a record quarterly rise for Japan’s Nikkei, South Korea’s KOSPI dipped. Investors are rebalancing portfolios, selling Asian tech stocks despite strong gains,…
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