Fexo AI Platform Automates Business Loan Decisions, Combats Fraud

Fexo’s new AI decisioning engine revolutionises business lending by automating processes, detecting fraud, and accelerating decision-making for banks and financial institutions. Key Points Fexo launches an AI decisioning engine to streamline business loan processes for banks and financial institutions. The

Markets extend losses on soaring crude prices; Sensex tanks 800 pts

Indian stock markets witnessed a significant downturn as the Sensex and Nifty plummeted due to surging crude oil prices driven by geopolitical instability and persistent foreign capital outflows, sparking investor concerns. Photograph: Francis Mascarenhas/Reuters Key Points The Sensex plunged over

NSE gets ready for IPO, finalises 20 bankers and 8 law firms

National Stock Exchange of India Ltd (NSE) on Thursday (March 12) has concluded the process for selecting intermediaries for its much-anticipated Initial Public Offering (IPO), officially marking the next step in India’s largest bourse moving toward going public. The IPO

Orissa High Court: Indiscriminate Bank Account Freezes Hurt Businesses

‘Statutory power must be exercised in a manner that is fair, proportionate, and not excessive.’‘The authority must demonstrate a rational nexus between the property frozen and the alleged offence.’ Kindly note that this illustration generated using ChatGPT has only been

AI Adoption: Why Custom Solutions from ‘AI-Builder’ Firms are Preferred

New research from Cognizant reveals that companies are increasingly favouring ‘AI-builder’ IT firms that provide custom, full-stack AI solutions to unlock real enterprise value and drive successful AI adoption. Key Points Companies adopting AI prefer IT services firms that offer

Karnataka’s Quantum Leap: QpiAI Quantum Computer Installed at IIIT Dharwad

Karnataka is solidifying its position as a leading technology hub by installing a 25-qubit quantum computing system at IIIT Dharwad, boosting research, education, and industry applications in quantum technology. Photograph: ANI Photo Key Points Karnataka installs QpiAI Indus, a 25-qubit

Markets Crash Nearly 2%: BSE Sensex tumbled 1,342 pts; NSE Sinks Below 24K

Indian stock markets witnessed a sharp decline as the Sensex and Nifty tumbled due to surging crude oil prices, continuous foreign fund outflows, and selling pressure in key banking stocks, reflecting investor concerns over global economic stability. Photograph: Francis Mascarenhas/Reuters

Borosil halts some production in Jaipur after LPG supply curbs by oil companies

Borosil Ltd halts Jaipur borosilicate glass furnace due to LPG supply issues amid West Asia conflict; Opal glass operations reduced. Shares of Borosil Ltd ended higher on Wednesday, March 11, by 1.09% at ₹256.00 on the NSE. By Megha Rani

AI Infrastructure Boom: NVIDIA CEO on Trillions in Investment and Skilled Labour Demand

NVIDIA CEO Jensen Huang predicts a trillion-dollar infrastructure boom driven by Artificial Intelligence, creating massive demand for skilled blue-collar workers and reshaping the global economy. Photograph: Kind courtesy Gerd Altmann/Pixabay.com Key Points NVIDIA’s CEO Jensen Huang believes AI is sparking

Mumbai Hotels at Risk: Commercial LPG Shortage Impacting Operations

Mumbai’s hotels and restaurants are on the verge of closure due to a critical commercial LPG shortage, threatening the hospitality industry and tourism across India. Illustration: Uttam Ghosh Key Points Mumbai hotels and restaurants are facing potential closures within two

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