Pine Labs ramps up its AI initiatives with a ₹24 crore investment, driving automation, launching AI-driven payment protocols, and achieving its first full-year profit, signalling a major shift in Indian fintech innovation. Pine Labs has stepped up its artificial intelligence…
India’s cybercrime agency has ordered Google to remove three more malicious loan apps, escalating efforts to combat online fraud and protect personal data amidst wider scrutiny of digital lenders and fake banking websites. India’s cybercrime agency has ordered Google to…
Majestic Auto commences a significant resolution plan for Sharan Hospitality following a Supreme Court directive, signalling a strategic pivot towards asset monetisation and disciplined capital allocation amid a transformation into an asset-driven real estate and facility management firm. Majestic Auto…
The shift from periodic to continuous risk assessment in financial compliance, driven by AI and improved data, promises faster response to fraud and ownership changes, transforming industry standards. Financial institutions are moving beyond the old idea that customer risk can…
Indian small-cap shares are leading market gains this year, supported by strong earnings growth and investor rotation, though valuations appear stretched according to analysts. Indian small-cap shares have been among the strongest parts of the market this year, outpacing larger…
The Reserve Bank of India has introduced a revised framework enabling smaller non-banking financial companies with assets below ₹1,000 crore to potentially operate without mandatory RBI registration, signalling a significant regulatory shift. The Reserve Bank of India has opened a…
Shares of Great Eastern Shipping surged after the company announced a board meeting to consider a buyback of fully paid-up equity shares, signalling investor optimism amid recent operational strength. Great Eastern Shipping shares climbed after the company said its board…
The Supreme Court has ruled that taxpayers cannot use section 264 of the Income-tax Act as a workaround to introduce late tax claims after the revision window has closed, reinforcing the importance of timely filing and correction of returns. The…
The Supreme Court expressed concern over private entities accessing sensitive employee and tax records, urging the government to implement safeguards amid rising commercial use of personal data collected by public authorities. The Supreme Court on Monday flagged as “worrisome” the…
External Affairs Minister Jaishankar urges urgent action to narrow India’s trade deficit with Russia, highlighting energy reliance and stalled free trade talks as key challenges. S Jaishankar has pressed for swift action to narrow India’s widening trade gap with Russia,…
