If he retired from TCS, Rajesh Gopinathan's tenure would have lasted for 13 more years. The new CEO's tenure will be for 7-8 years before he reaches retirement age
Comments by activist investor in proxy fight over Illumina come ahead of US central bank’s rate-setting meeting next week
A repeat of the 2008 financial crisis when the Reserve Primary Fund, a money-market fund, saw its net asset value fall when Lehman Brothers collapsed isn't happening. Investors have deposited almost $124 billion so far this week, bringing assets industry-wide to a record $5.38 trillion
In the future, middle-class children will learn from, play with, and grow attached to their own personalised chatbots. They might, in short, be the 21st century version of television.
Digital lending’s rapid growth led to questionable practices, forcing the RBI to lay down norms. They may be disruptive but the MFI sector’s experience shows it can be beneficial in the long run
Generative AI is great but what's more impressive is the continued march towards making quantum computing error free. Google is ahead here
In cases where foreign laws intersect with Indian ones, BCI and other regulators may need to step in to clarify the extent of the interplay between foreign laws and Indian laws
For BS Yeddiyurappa, HD Deve Gowda and K Siddaramiah, in the sunset of their careers, this election would determine how far their kin can carry forward their political legacy
Retail investors are also wary of the market, with the SIP stoppage ratio, which is the ratio of the number of closed accounts to new accounts, at a 27-month high
Should a monetary authority take financial stability into account when setting its monetary policy or be guided by the mandated objectives of inflation control and economic growth?
Established Indian banks are better placed to weather the current storm
After brokering a deal in the Middle-East, Beijing is likely to push further its Ukraine peace plan during President Xi Jinping’s expected Moscow visit. If he is successful, it will be another blow for US attempts to contain Chinese influence
External demand is likely to fail to deliver and domestic consumption is still to recover fully. With El Nino looming, India’s 6% growth for 2023-24 looks like a challenge
The exit of Mohit Joshi and Ravi Kumar within two months means that Infosys will need to restart its succession process. Meanwhile, the IT giant can treat its leavers as brand ambassadors of the company, a la Hindustan Lever
Even fragmented pieces of personal data scattered across the Internet can be pieced together by AI tools to reveal a lot more than people wish to let out. With AI tools designed to use all the data at their disposal for improving its learning, the tightening data privacy laws haven’t been of much help
The firm is hardly Silicon Valley Bank — though it’s not doing much to help anyone understand that
The Swiss lender needs to come up with a strategy or risk hemorrhaging more money from a key group of clients
In today’s edition of Moneycontrol Pro Panorama: India’s exports soldier on, regulatory hurdles for Cipla in US, India bids for slice of semiconductor market, chinks in defence armour, and more
Other than in Kerala where both sides are arch-foes, the Left and Congress have much to gain and nothing to lose in joining hands across the rest of the country
With its latest move to train and certify agents across the state, MahaRERA has given the first rung of the real estate ladder a position and authority that spells good news for the sector. By invoking the PMLA Act to enforce systems among large agents with annual turnover of over Rs 20 lakh, it has defined the boundaries of safe working within the sector
Dramatic moves force futures halt while investors resort to phones to arrange big deals
The victory-obsessed BJP high command has pushed former chief minister BS Yediyurappa to the fore in the election campaign putting CM Basavaraj Bommai in the absurd position of being the captain who can’t lead his side
While its promoters may have liked to wait to lower their stake, as its shares have slid since end-October, they have little choice now
The fear bug jumps to Europe
India’s non-petroleum non-gold & silver imports, however, could point to a slowdown in domestic demand