RXIL weighs insurers, mutual funds to deepen MSME financing
Rising transaction volumes are prompting the TReDS platform to explore institutional investors as a secondary source of liquidity.
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Rising transaction volumes are prompting the TReDS platform to explore institutional investors as a secondary source of liquidity.
Happiest Minds Technologies ruled out layoffs following its merger with ITC Infotech, saying the deal is focused on expanding talent and capabilities. The combined entity will have over 19,000 employees, while Happiest Minds shares fell nearly 11% after the announcement.
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Kerala chief minister VD Satheesan rejected cleric Kanthapuram AP Aboobacker Musliyar’s call for restricting women’s public participation. Satheesan asserted that women must join the mainstream, stating that such views are unsuitable for developing Kerala. Labour Minister Bindu Krishna also criticised the cleric’s remarks, calling them regressive for women’s rights. Aboobacker defended directives limiting women’s presence…
The Bombay High Court ordered the CBI to investigate Disha Salian’s death. Mumbai Police must now transfer all case records to the central agency. Salian’s father alleged murder and sought a thorough investigation into the matter. The CBI will record statements and register an FIR for further proceedings. This development follows years of the father…
AI leads salary growth in India as employers pay more for scarce skills
More than 70,500 corruption complaints were received against government bodies last year, with banks and the Railways topping the chart, according to a report by the Central Vigilance Commission (CVC). Out of the 70,584 complaints received by the chief vigilance officers (CVOs) who act as the distant arm of the Commission 64,905 were disposed of…
Oil spike, Fed data and 5% yields: – what’s moving markets
Oil prices rise for third session as US-Iran tensions fuel supply concerns
Dell raised its annual revenue outlook to $192 billion from $167 billion and adjusted earnings per share forecast to $25.50 from its earlier expectations of $17.90. The company, whose shares have more than tripled this year, now expects fiscal 2027 revenue for AI-optimized servers to be $74 billion, up from its prior projection of $60…