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Prudential sells 4.5% stake in ICICI Pru AMC for ₹4,900 cr ahead of IPO
The fund house is a joint venture between ICICI Bank, India's second-largest private lender, which holds 51 per cent, and Prudential, which owns the rest.
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Amazon, Microsoft pledge mega AI investments in India
Tech giants Amazon and Microsoft have announced a combined $52.5bn (£39.4bn) investment plan for India over the coming years.
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Shares in India's IndiGo plunge further after threat of regulatory action
Since the onset last week of what has become a trial for many of its customers and a PR nightmare for the company, its stock losses now total 16%.
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Swiggy plans $10,000 cr share sale next week, three banks shortlisted
Indian food deliverer Swiggy Ltd. is preparing to raise as much as ₹10,000 crore ($1.1 billion) from institutional investors as early as next week, according to people familiar with the matter.
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NCDC aims to deploy real time data, AI to boost disease surveillance
The NCDC said that it is aiming to shift from traditional detective methods to a predictive model of disease surveillance by introducing AI, real time data analytics and digital intelligence platforms to strengthen public health security in India.
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Airtel MD urges users to shift to its Payments Bank amid cyber fraud surge
Amid a rising number of frauds, Airtel Vice-Chairman and Managing Director (MD) Gopal Vittal has recommended users to use Airtel Payments Bank to make online payments instead of their main bank accounts.
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HP planning to lay off 4,000 to 6,000 employees by FY28, boosts AI efforts
The teams expected to be impacted include those focused on product development, internal operations and customer support, chief executive officer Enrique Lores said during a media briefing call.
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