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AI firm Neysa to raise $1.2 billion from Blackstone, others in debt-equity mix

Mumbai, Feb. 16 -- Global private equity firm Blackstone, along with other investors, has acquired a majority stake in India's artificial intelligence (AI) cloud platform Neysa as the company seeks to... Read More


Shadowfax Makes Quick Commerce Its 'Prime' Focus

India, Feb. 16 -- India's logistics market is quietly fragmenting. Ever since the ecommerce boom of 2015-2016, scale in delivery was built around one idea: move as many parcels as possible for large m... Read More


Manmohan Singh's calm amid din in Parliament

New Delhi, Feb. 16 -- Last Thursday, when Rahul Gandhi was railing against the government, I was reminded of Manmohan Singh. Though the Lok Sabha chair scuttled Rahul's allegations, let me elaborate o... Read More


Is budget push to develop animation, VFX, gaming talent in AI era pragmatic?

New Delhi, Feb. 16 -- As the government allocated funds to develop talent in the animation, visual effects, gaming, and comics (AVGC) ecosystem in the country, experts say the sector faces serious dis... Read More


When carmakers are racing ahead, can parts makers be far behind?

New Delhi, Feb. 16 -- India's top auto part makers are rushing to add more capacity, after the September cut in goods and services tax (GST) sparked a scramble for cars, scooters and sport utility veh... Read More


Stock recommendations for 16 February from MarketSmith India

Stock market recap, Feb. 16 -- Domestic equity market benchmarks, the Sensex and the Nifty 50, cracked on Friday, 13 February, with a broad-based selloff hitting metal, IT and commodity stocks amid sl... Read More


RBI nod for leveraged buyouts fails to evoke banker enthusiasm; mixed response to broker lending norms

New Delhi, Feb. 16 -- The banking regulator's new rules to fund mergers and acquisitions will open the doors, but too many conditions could deter banks and borrowers, say experts. Stricter rules for ... Read More


Private banks up the ante on campus hiring in hunt for niche, tech expertise

Mumbai, Feb. 16 -- The banking hiring cycle has turned, as India's top campuses are feeling the momentum again and premier engineering and business schools are humming. In the hushed corridors of the ... Read More


Options data suggests more volatility this week

New Delhi, Feb. 16 -- As developments in artificial intelligence (AI) unsettle shares of traditional technology firms, investors await clarity on the final contours of the India-US trade deal and the ... Read More


Iran, US nuclear talks: What's on table? Potential energy, mining and aircraft deals, says Iranian minister

New Delhi, Feb. 16 -- Days before a second round of talks between Tehran and Washington, Iran threatened to strike US bases in the Middle East if it is attacked by US forces, but on Sunday took a conc... Read More