Intellect Design Arena deploys AI retail platform for OnCost in Kuwait

Homegrown fintech solutions firm Intellect Design Arena Ltd on Thursday (April 16) announced the deployment of its eMACH.ai Retail 6DX platform for OnCost, a Kuwait-based FMCG retailer, across its strategic branches, marking a shift to an AI-first, cloud-native retail operating

Wipro announces share buyback worth ₹15,000 crore. Check price, record date and other details

Wipro buyback: IT services major, Wipro, on Thursday, April 16, announced a share buyback worth ₹15,000 crore along with its financial results for the quarter ended March 30, 2025. Wipro’s board at its meeting today approved the proposal to buyback

‘Bank borrowings to dominate NBFC funding mix in FY27’

CRISIL Ratings forecasts a significant increase in the share of bank loans for non-banking financial companies (NBFCs) by FY27, as elevated bond yields make bank credit a more attractive and cost-effective funding option. Illustration: Uttam Ghosh Key Points The share

Rs 501 Phone: Odisha High Court Quashes Complaint Against Mukesh Ambani

‘Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.’ IMAGE: Reliance Industries Ltd Chairman and Managing Director Mukesh Ambani. Photograph: Niharika Kulkarni/Reuters Key Points Orissa high court ruled

Gold and Silver Prices Jump in India Ahead of Akshaya Tritiya

Gold and silver prices have seen a significant surge in the national capital, driven by robust pre-festival buying from jewellers and stockists ahead of the auspicious Akshaya Tritiya, despite a dip in international market rates. Photograph: Lisi Niesner/Reuters Key Points

India Unemployment Rate March 2026: Urban Joblessness Rises to 5.1%

India’s unemployment rate for individuals aged 15 and older saw a slight increase to 5.1 per cent in March 2026, primarily driven by a notable rise in joblessness within urban areas, as revealed by the latest government data. Illustration: Uttam

Samhi Hotels’ arm inks lease deal with Ingka Centres for 162-room Noida hotel

Branded hotel ownership and asset management platform Samhi Hotels Ltd on Wednesday (April 15) said it has signed a long-term lease/sub-lease agreement for a 162-room upscale hotel project in Noida through its wholly owned subsidiary, SAMHI Skyline Private Ltd. The

Can oil prices above $90-100 over next few months pull Nifty 50 to 20,000 levels? What experts say

The crude oil prices have remained above $90-100 per barrel for over one and a half months now as the conflict in the Middle East has impacted supply following the near-closure of the Strait of Hormuz. This has cast a

AI for Good Governance: How India is Leveraging Artificial Intelligence

Vice President Radhakrishnan urges the adoption of artificial intelligence for good governance, emphasising its role in empowering governments and fostering an inclusive and efficient ‘Viksit Bharat’ in India. IMAGE: Illustration: Dominic Xavier/Rediff.com Key Points Vice President Radhakrishnan advocates for embracing

Paytm Achieves Majority Indian Ownership: Impact on Investors and Future Growth

Paytm achieves a significant milestone, transitioning to majority Indian ownership as domestic investors increase their stake, signaling strong confidence in the company’s financial performance and future growth potential. Key Points Paytm has become a majority Indian-owned and controlled company, with

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