Year: 2026

Qt Group shares jump 25% on strong second quarter results

Artificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. However, while adoption is outpacing organisations’ ability to scale AI across the enterprise, the next competitive edge will depend on building AI-centric finance operating models and robust governance frameworks, as per a report by KPMG.

Asia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much of their 2026 gains. Concerns over AI spending and Middle East tensions hit semiconductor stocks, with some funds losing 3%-9%, while Goldman Sachs estimated a record 15.2% monthly decline for Asia’s primary stock-picking hedge…

Global investment firm KKR has acquired Medicover India’s hospital business. Sources said the the transaction values the hospital chain at around ₹10,000 crore and KKR may invest another ₹3,000-4,000 crore to fuel expansion. The acquisition strengthens KKR’s healthcare portfolio, adding Medicover’s 24-hospital network while reinforcing its long-term strategy to capitalise on India’s rapidly growing healthcare…

What is V2V communication? How this proposed vehicle safety system could help prevent road accidents

AWL Agri Business is increasing edible oil inventories to counter supply chain disruptions. The company has boosted its stock cover to forty-five days from thirty-five days. This strategy mirrors actions taken during the COVID-19 pandemic to ensure supply. Global shipping disruptions are prompting businesses to reassess their sourcing and logistics. Larger brands like AWL can…

KKR-backed LEAP India raised Rs 371.3 crore through a pre-IPO placement, selling 2.34 crore shares at Rs 159 apiece. The round saw participation from GIC subsidiary Gamnat Pte Ltd, Dymon Asia and promoter-linked Matyas Possessiones. Gamnat received shares worth Rs 280 crore.

Hindustan Petroleum Corp has purchased two million barrels of West African crude oil. This significant purchase is scheduled for delivery during the month of September. The state-run company acquired one million barrels each of Nigerian Forcadoes and Bonga grades. These oil shipments are destined for its Vizag refinery located in Andhra Pradesh. Previously, HPCL had…

Raymond James downgrades Blackstone Mortgage Trust stock rating on portfolio concerns

JPMorgan cuts Insulet stock rating on slowing patient growth