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PHONEPE UJJWAL JAIN STEPS DOWN
‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...- Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
- Rajiv Bajaj to step down from Bajaj Finserv board, cites growing responsibilities at Bajaj AutoRajiv Bajaj will step down as a non-executive director of Bajaj Finserv, not seeking re-election at the July 31, 2026 AGM. Citing increased...
- Silver prices fall Rs 2,500/kg, gold at Rs 1.54 lakh/10 gm as investors assess Israel-Iran war tensions. What should you do?Gold and silver prices opened lower on MCX Tuesday, influenced by a fragile Israel-Iran ceasefire and inflation concerns. Traders are close...
- IMF financial stability chief Tobias Adrian to step down August 31Tobias Adrian, who led the International Monetary Fund's Monetary and Capital Markets Department through major global challenges, will depa...
- Delhi HC directs removal of social media posts against judge over Saidulajab building collapse incidentThe Delhi High Court has ordered social media platforms to immediately remove videos targeting a sitting judge. These videos allegedly hold...
- TMC MP Sukhendu Sekhar Ray resigns from party, steps down as Rajya Sabha memberVeteran TMC Rajya Sabha MP Sukhendu Shekhar Ray has resigned from the party and his parliamentary seat. He cited rampant corruption and int...
- Landlord filed case to evict tenant but tenant bought 50% share from co-owner mid-dispute and filed partition of property case: HC gives no relief to landlord on eviction caseA tenant facing eviction for unauthorized construction and rent default became a co-owner mid-dispute. He purchased a 50% share of the prop...
- White House AI adviser Sriram Krishnan quitsSriram Krishnan, an Indian-origin AI policy adviser, is departing the White House after an 18-month tenure. He announced his exit on X, sta...
- D-Street ends another week in the red amid lack of triggersIndian stock markets closed lower on Friday, marking a second consecutive weekly decline. Investor sentiment turned cautious following the ...
- LinkedIn cofounder Reid Hoffman to step down from Microsoft's boardReid Hoffman, the cofounder of LinkedIn, will step down from Microsoft's board of directors. He will not stand for re-election at the 2026 ...
- Silver prices tank Rs 5,700/kg, gold down Rs 1,300/10 gm as Iran war uncertainty stokes inflation worries. Time to sell?Gold and silver prices saw a sharp decline on the Multi Commodity Exchange on Friday. Renewed Middle East tensions and inflation worries we...
- AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocksInvesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing bro...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- AMFI bars Stable Money from distributing mutual funds for six monthsFintech firm Stable Finserv, backed by Peak XV Partners and Lightspeed, faces a ban from distributing mutual funds until November 2026. The...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
- Adobe India MD Prativa Mohapatra steps down after nearly five yearsPrativa Mohapatra, the vice president and managing director of Adobe India, is stepping down after nearly five years. She led the company's...
- Equity mutual funds deliver up to 17% return in May led by international funds. Should you go global?Equity mutual funds saw strong performance in May, with returns reaching up to 17%. International funds led the gains, driven by markets li...
- PhonePe’s Share.Market CEO Ujjwal Jain steps downUjjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next vent...
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