The Indian rupee saw its best trading session in over six weeks on Monday. This gain was driven by likely central bank intervention and a significant drop in oil prices. The rupee climbed to an intraday high after breaking through…
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India’s linguistic, cultural and digital diversity is turning it into a proving ground for artificial intelligence, argues JioStar’s chief architect. As AI shifts from showcasing capabilities to solving real-world problems, success will depend on understanding context, intent and human behaviour—making…
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In a significant move, Master Chains N Jewels Ltd has initiated the process for an initial public offering by filing its preliminary papers. The IPO will consist of a fresh equity share issue paired with an offer for sale. The…
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Sensitive Bank of Baroda data has reportedly been hacked and released. About one terabyte of personal and corporate banking details appeared online. This includes Aadhaar numbers, account records, and loan data from many branches. Internal communications and audit reports were…
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Protium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium’s market reach and product offerings significantly. Aion Capital Partners expects to exit its investment from its maiden fund successfully.…
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French insurer BNP Paribas Cardif will acquire a significant stake in IndiaFirst Life Insurance. This strategic move marks Warburg Pincus’s exit from the Indian insurer. The transaction is subject to necessary regulatory approvals before finalization. BNP Paribas Cardif aims to…
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