PhonePe on Monday announced it has temporarily deferred its public market listing process due to the current geopolitical conflicts and market volatility and will resume the listing process once there is some stability in global capital markets. Sameer Nigam, PhonePe’s
The cancellation of the government’s plan to divest stake has eroded over ₹15,000 crore from the stock’s market value in a single day. But the valuation may still not be compelling. Shares of IDBI Bank fell nearly 16% on March
US stock market: The US stock market‘s key benchmark indices are poised to open on a strong note on Monday, March 16, while the US dollar came under pressure ahead of the central bank meeting this week and as investors
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
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
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
‘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
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 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
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
