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AI IN BANKING AND FINANCE
Blue Machines AI unveils speech-to-text model built for India's BFSI sectorBlue Machines AI has launched Aurora, a new speech-to-text model for Indian financial services. This model is designed for real-time multil...- Voice AI startup Navana ai raises Rs 40 crore from Ronnie Screwvala, othersNavana AI successfully raised forty crore rupees in its recent funding round, aimed at broadening its presence in the banking and financial...
- Governance, not models, is the biggest obstacle to enterprise: Red Hat’s Vincent CaldeiraRed Hat’s APAC CTO said the industry does not yet have a platform that can make an AI agent completely secure out of the box and companies ...
- Anthropic delays its IPO plans, listing expected in NovemberAnthropic has delayed its initial public offering marketing to mid-October at the earliest, with completion targeted just before the US mid...
- Anthropic IPO launch shifts toward mid-October, sources sayThe artificial intelligence company had been expected to make its IPO prospectus public as early as next week, two of the people said, a c...
- Rentomojo’s valuation jump; SoftBank’s Meesho windfallRentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- Sugar’s valuation slump; Slice takes a hitHappy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in ...
- Adobe hands CEO job to Anil Chakravarthy in a bid to steer under-pressure software business amid AI competitionAdobe appointed company insider Anil Chakravarthy as its new chief executive. He takes over from Shantanu Narayen, who led the company for ...
- GCC demand is shifting to experience in a twistDemand for this cohort of professionals surged more than 50% to 207,882 roles in 2025 from 138,350 a year earlier, showed a study by staffi...
- Finance Minister pitches India's reform-led growth story to US InvestorsIndia remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focu...
- Indian banks move AI into production, but scaling remains a challenge: ZetaIndian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...
- FM Nirmala Sitharaman hails India's 7.8% growth despite global disruptions as 'remarkable'India achieved 7.8 percent growth in the first quarter of fiscal year 2026-27. This remarkable expansion positions India as the world's fas...
- NAREDCO Maharashtra to host Real Estate & Infrastructure Investors’ Summit 2026 (REIIS 2026) in MumbaiTheme ‘Re-Defining India’s Growth Story’ to Focus on Strategic Capital, AI Innovations, Infrastructure, and Global Investment Partnerships
- GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
- Spotlight on startups: India and EU seek deeper tech tiesIndia and the European Union explored deeper cooperation in critical minerals and processing. Discussions also covered fintech and artifici...
- AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
- From N Chandrasekaran to Campbell Wilson: A look at some of India Inc’s biggest names who are walking out in 2026India's corporate landscape sees significant leadership changes in 2026. Several high-profile executives are departing from major companies...
- AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
- SoftBank seeks another $10 billion loan for OpenAI stake fundingSoftBank is seeking a $10 billion loan, as it looks for more funding to help refinance debt used for its investment in US tech giant OpenAI...
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