AI Isn’t Replacing Credit Hedge Fund Traders Yet, Barclays Says
AI Isn’t Replacing Credit Hedge Fund Traders Yet, Barclays Says
Summary: Hedge funds and asset managers are increasingly using artificial intelligence when investing in global credit markets, but the technology isn’t replacing human traders — at least for now, according to a survey by Barclays Plc.
Titan bets on premiumisation, global expansion to double business by FY30
Titan bets on premiumisation, global expansion to double business by FY30
Summary: Titan reported a consolidated revenue of ₹76,078 crore for FY26, up 32.7% from FY25, while net profit surged 52% to ₹5,073 crore. The country's largest jewellery retailer is targeting a two-fold increase in consolidated revenue and operating profit by FY30 compared with FY26 levels.
Jackson Lab's licence scrapped as probe finds oxytocin jab link to pregnant women's deaths
Jackson Lab's licence scrapped as probe finds oxytocin jab link to pregnant women's deaths
Summary: Punjab's drug regulator has scrapped Jackson Laboratories' licence and ordered a nationwide recall after a probe linked its oxytocin injection to the deaths of five pregnant women in Rajasthan. The probe found serious quality lapses, data manipulation and continued production despite stop orders.
Trent looks beyond apparel to focus on beauty, footwear
Trent looks beyond apparel to focus on beauty, footwear
Summary: The growing importance of these categories comes as some of Trent's international ventures face challenges.
Go Zero ice cream registers 350% growth in May; founder Kiran Shah says, ‘Still not done with the season’
Go Zero ice cream registers 350% growth in May; founder Kiran Shah says, ‘Still not done with the season’
Summary: Go Zero ice cream registered 350% growth in May, founder Kiran Shah revealed. This shows that health-conscious consumers are seeking alternatives to typical high-fat and high-sugar ice creams in this peak summer season.
Physics Wallah looks to unwind FinZ lending bet days after ₹120 crore infusion
Physics Wallah looks to unwind FinZ lending bet days after ₹120 crore infusion
Summary: The edtech company is exploring sale, loan-book transfer and licence surrender after abandoning plans to lend from its own balance sheet.
IndiGo pips Air India again on overseas routes as West Asia crisis weighs
IndiGo pips Air India again on overseas routes as West Asia crisis weighs
Summary: IndiGo has reclaimed the top spot among Indian carriers on international routes in April, aided by a faster recovery from West Asia-related disruptions than the Air India group. Analysts expect the airline to retain its lead as it expands its overseas network.
Why this Maldives hotel chain is chasing India’s leisure destinations
Why this Maldives hotel chain is chasing India’s leisure destinations
Summary: Maldives-based resort operator Atmosphere Core is expanding aggressively in India with nearly 30 signed hotel projects, focusing on leisure destinations such as the Northeast, Odisha and Goa
Kuku files confidentially for ₹3,500-crore IPO, seeks valuation of up to ₹15,000 crore
Kuku files confidentially for ₹3,500-crore IPO, seeks valuation of up to ₹15,000 crore
Summary: Kuku Technologies has confidentially filed for an IPO to raise ₹2,500-3,500 crore, betting on booming demand for micro-dramas and vernacular digital entertainment.
Google's AI race gets costlier as Alphabet upsizes equity raise to $84.75 billion
Google's AI race gets costlier as Alphabet upsizes equity raise to $84.75 billion
Summary: Google parent Alphabet has increased its planned equity raise to nearly $85 billion. The massive investment will help fund spending on data centres, chips and AI infrastructure.
Sony, 3one4 Capital back WeRize in fresh funding as fintech eyes 2028 IPO
Sony, 3one4 Capital back WeRize in fresh funding as fintech eyes 2028 IPO
Summary: WeRize has raised fresh capital led by Sony Innovation Fund as it scales AI-driven financial products and prepares for a potential 2028 IPO.
‘No better opportunity than India’: Citi's Ernesto Torres Cantu on layoffs, AI, and supply chains
‘No better opportunity than India’: Citi's Ernesto Torres Cantu on layoffs, AI, and supply chains
Summary: Citi's Cantu said India was unlikely to be affected by global job cuts, while discussing AI rollout, supply chain shifts and foreign investment trends.
Law firms shift lens as clients look to skip litigation, beef up compliance
Law firms shift lens as clients look to skip litigation, beef up compliance
Summary: Law firms are ramping up their advisory practices as litigation work dries up. Sebi probes are now more rigorous and clients prefer settlements over tedious litigation. Demand is rising for preventive compliance checks and governance reviews, prompting firms to deploy more lawyers for advisory.
Indian developers central to Microsoft’s renewed Windows, AI strategy
Indian developers central to Microsoft’s renewed Windows, AI strategy
Summary: On Tuesday, Microsoft announced a host of developer features for its Windows OS, alongside seven new artificial intelligence (AI) models, a new security initiative, in-house chips and an agentic operating system (OS) designed for future AI-first devices.
Uber cuts 23% of HR, People division as new president takes over
Uber cuts 23% of HR, People division as new president takes over
Summary: Uber has differed from other tech companies conducting mass layoffs in the name of AI-driven investment and efficiencies, instead cutting in a more targeted way to trim costs.
The investor education problem facing bankers selling sector-first financial IPOs worth ₹3,700 crore
The investor education problem facing bankers selling sector-first financial IPOs worth ₹3,700 crore
Summary: Three Sebi-cleared financial IPOs worth ₹3,700 crore, Arcil, EAAA, and Gaja, remain unlaunched as bankers conduct extended investor education roadshows to compensate for the absence of listed domestic peers.
Tax talent on the move as consulting firms ramp up hiring
Tax talent on the move as consulting firms ramp up hiring
Summary: India’s leading audit and consulting firms, are engaged in an intense battle for senior tax talent, with over 100 partners and executives changing firms in recent months. Rising demand for tax expertise, AI-driven solutions, regulatory complexity are driving aggressive hiring and expansion plans.
Whither ‘60 Minutes’? As turmoil unspools in public, CBS News show’s ultimate health is debated
Whither ‘60 Minutes’? As turmoil unspools in public, CBS News show’s ultimate health is debated
Summary: Whither ‘60 Minutes’? As turmoil unspools in public, CBS News show’s ultimate health is debated
FirstClub raises $55 million to deepen quality-first premium quick commerce play
FirstClub raises $55 million to deepen quality-first premium quick commerce play
Summary: The fresh infusion of funds more than doubled the company's valuation to $255 million from $120 million in September.
Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy
Bata India bets on improving inventory reduction through efficiency steps, omni-channel strategy
Summary: Bata India emphasizes inventory reduction through efficiency, with a 13% decrease in gross inventory in the latest quarter. The company's omni-channel strategy and product expansion plans signal future growth despite challenges.
Why FirstCry excelled at selling diapers but hasn’t quite cracked the pre-school code
Why FirstCry excelled at selling diapers but hasn’t quite cracked the pre-school code
Summary: Parents buy diapers online, but choose preschools offline. FirstCry thought its vast baby product experience and ecosystem would help it crack the adjacency of preschools. Six years on, Intellitots is profitable but not even halfway near its 1,000-school ambition.
Israeli startup Coralogix raises $200 mn, to allocate 20% to India biz
Israeli startup Coralogix raises $200 mn, to allocate 20% to India biz
Summary: Coralogix, which had entered India in 2020, had announced that it would invest $30 million over three years into the country.
Sebi flags ₹15 trillion misstatement in Rajesh Exports accounts
Sebi flags ₹15 trillion misstatement in Rajesh Exports accounts
Summary: Sebi has alleged that ₹15.15 trillion in revenue was misrepresented, and flagged gaps in disclosures and inconsistencies in filings. It has also barred promoter Rajesh Mehta from trading in the shares of Rajesh Exports until further orders.
Kotak Alts raises ADIA-anchored $1 bn real estate fund
Kotak Alts raises ADIA-anchored $1 bn real estate fund
Summary: Kotak Alts has closed its 14th real estate fund at $1 billion with major investments from Abu Dhabi's ADIA and NPS Korea. This marks the latter's first commitment in Indian alternative assets.
Apple agrees to provide financial details of India operations to CCI in antitrust case: What it means for iPhone maker
Apple agrees to provide financial details of India operations to CCI in antitrust case: What it means for iPhone maker
Summary: The matter represents one of Apple's most prominent regulatory challenges in India, a strategically important market where the company has significantly expanded iPhone manufacturing as part of its efforts to reduce dependence on China.
Life after IPL: how JioHotstar plans to keep viewers and advertisers hooked without cricket
Life after IPL: how JioHotstar plans to keep viewers and advertisers hooked without cricket
Summary: The streaming platform is rolling out AI tech, niche content, and ad features to keep the traffic it gained during the tournament from disappearing.
Nestlé India flags shaky demand from urban middleclass as incomes lag
Nestlé India flags shaky demand from urban middleclass as incomes lag
Summary: India’s consumption recovery could face a fresh test as the urban middleclass has entered a ‘wait and watch’ mode on discretionary spending as its income growth lags inflation, says Nestlé India CMD Tiwary. The demand from the premium and rural sectors has, however, shown resilience, he says.
Suzlon’s next growth bet: solar, batteries and a tight grip on capital
Suzlon’s next growth bet: solar, batteries and a tight grip on capital
Summary: The company’s ‘Suzlon 2.0’ strategy aims to turn it into a one-stop renewable energy solutions provider spanning wind, solar and battery storage, while staying capital-light and reviving exports.
Larry Ellison beats Google's Sergey Brin, Amazon's Jeff Bezos to 3rd spot on billionaire rich list as Oracle stock soars
Larry Ellison beats Google's Sergey Brin, Amazon's Jeff Bezos to 3rd spot on billionaire rich list as Oracle stock soars
Summary: Tech mogul Larry Ellison has jumped to the third spot on Bloomberg's billionaire rich list, overtaking Google's Sergey Brin and Amazon's Jeff Bezos for the position, as his company Oracle's stock soars.
True North seeks exit from Cloudnine Hospitals amid $300 million fundraise
True North seeks exit from Cloudnine Hospitals amid $300 million fundraise
Summary: The fundraising exercise comes weeks after Kids Clinic India, which operates Cloudnine Hospitals, agreed to acquire the maternity, childcare and fertility businesses of Apollo Health
Indian IT eyes return to on-site model, but with a talent and cost twist
Indian IT eyes return to on-site model, but with a talent and cost twist
Summary: From the world’s largest banks to retail majors, customers now increasingly prefer engineers who combine AI expertise with sales and consulting skills to drive end-to-end deployment of the new technology.
Microsoft doubles down on Windows, developers as US tightens AI oversight
Microsoft doubles down on Windows, developers as US tightens AI oversight
Summary: Microsoft put up a bullish stance despite the US government’s decision, which will require all tech companies to give the US government access to frontier AI models 30 days before releasing them commercially.
Large brands gain as West Asia war, GST cut hit auto aftermarket’s small players
Large brands gain as West Asia war, GST cut hit auto aftermarket’s small players
Summary: Last year’s GST cuts have narrowed the price gap between formal automotive spare parts and cheaper alternatives sold by unorganized players, accelerating the shift towards formal brands.
TCS, Infosys, Wipro double Copilot AI licences for employees within six months
TCS, Infosys, Wipro double Copilot AI licences for employees within six months
Summary: While the pace of adoption of its virtual intelligent assistant is great news for Microsoft, it also poses questions about the current billing model of India’s IT $315-billion outsourcing industry as well as its hiring practices.
The case against a Tata Sons listing, from one of Noel Tata’s closest advisers
The case against a Tata Sons listing, from one of Noel Tata’s closest advisers
Summary: As pressure mounts for a Tata Sons listing, group veteran and Noel Tata confidant Farokh Subedar warns that it could fundamentally alter the freedom to invest in long-gestation projects.
