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Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
Sun Pharma deal structurally strong, debt the only overhang: Amit KhuranaMarket expert Amit Khurana offers insights on key corporate and regulatory developments. Sun Pharma's acquisition is seen as strategically ...
Is Anthropic's Mythos model the most capable AI yet, what is Capybara, and why is this powerful system considered too dangerous to go public over advanced hacking risks?Is Anthropic Mythos model the most capable AI yet? A powerful new AI has triggered global concern. Anthropic says its Mythos system has alr...
NBFC Dhruva Capital announces merger with microlender Vector FinanceDhruva Capital Services Ltd is set to merge with Vector Finance, marking its entry into the microfinance sector. The merger, approved by Dh...
Risk of data breaches, cyber frauds up due to digitisation: RBI reportThe report citing German data and statistics platform Statista said globally, cybercrime costs are expected to reach $13.82 trillion by 202...
Chola Investment soars, more upside likelyShares of the financial services arm owned by the Murugappa Group rose 9.5% in Thursday's trading to a fresh all-time high after a couple o...
US blames North Korean hackers for $625 million crypto heistIn one of the largest decentralised finance (DeFi) breaches yet, hackers stole cryptocurrencies worth $625 million from Ronin in March. The...
Litigation financier LegalPay secures seed funding from 9UnicornsLegalPay is India’s first third-party litigation finance platform that helps entities/businesses ease the financial burden of litigation ca...
With Rs 1500 cr lined up, Basis Vectors eyes acquisition of firms with high client retention, decent financialsAny business that has a proven product-market fit and has retained over 80% of their customers is a worthy target for Basis Vectors.
CAIT writes to Nirmala Sitharaman seeking insurance cover for coronavirus-hit businessesCAIT has also sent a similar representation to Commerce Minister Piyush Goyal to take up the matter with Finance Ministry. RSN RVK.
Pick bite-sized insurance policies only for small, temporary needsSmall-ticket plans can be a starting point for new buyers. But don’t treat them as substitutes for full covers.
Bandhan bank top brass exits to start microfinance firmCompany plans to begin ops through business correspondent partners before it gets a formal NBFC licence.
Bandhan Bank's Rahul Johri, Prasanta Kumar Sahu quit to set up their own microfinance ventureThe trio is seeking a non-bank finance licence from the Reserve Bank of India for their new initiative.
Bandhan IPO valuations at 4 times book value way too high: AnalystsThe bank plans to sell up to 9.76 crore fresh equity shares raising close to Rs 4,500 crore.
IDFC infrastructure fund set to buy First Solar’s India portfolio for $300 millionIn India, First Solar has supplied over 1gigawatt (GW) worth of panels while globally its supplies are worth over 17 GWs, according to the ...
US telecom giant Verizon nears $5-billion deal to buy internet pioneer YahooAT&T and Quicken Loans founder Dan Gilbert, as well as buyout firms Vector Capital Management and TPG we re also active in the bidding proc...
- Mastek to buy US IT firm STG in $30-million deal
The momentum of overseas acquisitions by Indian IT companies, especially by the mid-tier and small companies, does not seem to be ebbing aw...