SEBI scraps solution funds, introduces life cycle funds, tightens thematic rules in major mutual fund reset
One of the biggest changes is the discontinuation of solution-oriented schemes such as retirement and children’s plans. Categorization and Rationalization of Mutual Fund Schemes SEBI...
Fintech stocks slip; Pine Labs falls 3%, One Mobikwik down 1% after report on Apple Pay’s India plans
Listed fintech and payments-linked stocks traded with a mild negative bias after the report that Apple is in talks with banks and card networks to...
AI hype is overdone, job fears overblown: NR Narayana Murthy and Aditya Puri offer a reality check
In a recent and rare joint interview, the Infosys founder and former HDFC Bank CEO weighed in on the the advancements around artificial intelligence and...
Tejas Networks shares rise 12% as firm announces deal to supply 5G radio
The firm announced an agreement with NEC Corp to manufacture and supply fifth generation massive multiple-input multiple-output radios Tejas Networks shares rise 12% as firm...
Markets underestimating complexity of enterprise AI rollout: Cognizant AI Officer Hodjat
Babak also said that enterprises do not need perfectly organised data before deploying AI, as agent-based systems can work across fragmented environments. Enterprise AI adoption...
US, China challenge Modi’s ‘Make in India’ factory incentives
On Wednesday, the US imposed preliminary duties of 126% on solar imports from India, after determining the South Asian country unfairly subsidised manufacturing At the...
Sensex falls 250 pts from day’s high, Nifty near 25,500: Weak global cues among key factors behind market decline
The equity benchmark indices opened higher on Thursday, however, shortly pared gains to trade flat amid profit booking by the investors. The initial gains were...
Clean Max IPO allotment today: How to check status on registrar, BSE and NSE; check latest GMP
Clean Max shares will be listed on both NSE and BSE on March 2 after the issue drew an investor demand of 94 percent in...
GIFT IFSC fund registrations, investor base hit new highs; outbound flows steady
While fund registrations and investor commitments surged through the October–December quarter, outbound capital deployment from the IFSC remained restrained GIFT IFSC fund registrations, investor base...
Why using your full credit card limit can quietly damage your credit score
Even if you pay on time, a maxed-out card sends lenders the wrong signal. High credit use can lower your score despite timely payments Banks...