India is planning huge investments into Artificial Intelligence (AI), including scalable AI compute infrastructure. India’s Ministry of Electronics and Information Technology (MeitY) has announced an investment worth Rs 10,300 crores (US$ 1.25 Billion approx.) to develop the country’s AI ecosystem over a five-year period. The corpus was approved by the Union Cabinet chaired by Prime…

Read More

Stocks on Wall Street finished broadly higher Friday as the market closed out its fourth straight winning month with solid gains. A late-afternoon rally helped stocks bounce back from a midafternoon slide. The S&P 500 rose 1%, with about 76% of the stocks in the index notching gains. The benchmark S&P 500 closed August with…

Read More

has emerged as one of the hottest stocks on the market. The 31-year-old company’s meteoric rise is largely due to , which revealed the unexpected potential of its core product, the graphics processing units (GPUs), for AI development. Originally designed for quickly rendering complex graphics in video games, Nvidia’s () GPUs proved well-suited for the…

Read More

The views expressed in this article are those of the author and do not necessarily reflect the views of Smallcase Technologies Private Limited (STPL) or any of its associates. The information provided in this article is for educational and informational purposes only. Investors are responsible for their investment decisions and are responsible to validate all…

Read More

recently, the CBRC issued the notice on improving matters related to the organization and management system of bank financing business (Yin Jianfa [2014] 35) (hereinafter referred to as the notice), requiring banks to set up special financial management business departments, to calculate accounts independently, and complete the reform of financial services business system by the…

Read More

Nestle India split its stock in a ratio of 1:10 on Jan 05. Each share of a whopping ₹27,000 converted into ten shares of ₹2,700 each. At ₹2,700, the shares became a lot more attractive to a larger set of investors, especially retail investors. The move will perhaps improve the stock’s liquidity. A liquid stock…

Read More

Given that this technology-enabled transformation project was ultimately all about the customer, the EY team decided to focus on the customer’s needs, employing a collaborative innovation approach based on design thinking. They gathered a wide array of its technology consulting talent, from technology service designers and developers, to IT architects and those proficient in business…

Read More

The rate of artificial intelligence (AI) adoption in key industries across India reached approximately 48% in FY2024, with expectations to expand by an additional 5-7% in FY25, data from staffing firm Teamlease Digital showed. “Nearly 75% of organisations across various sectors are actively considering integrating AI into their operations within the next year,” Krishna Vij,…

Read More

Balachandran said the total number of registered investors on the Indian stock exchanges reached a staggering 160 million people, from 18 million in 2010Jaipur Investment. “Investment using regulated platforms such as the stock exchanges is becoming increasingly attractive not only for Indian investors, but also for large multinational foreign investors and institutions. Of course, the…

Read More

Finvasia Securities Private Limited: NSE Clearing Member: M51912, NSE Member Code: 14846, BSE Member Code: 4043, MCX Member ID: 55135, NCDEX Member ID: 01259, SEBI Reg: INZ000176037 (Cash, F&O, CDS, Commodity), AMFI ARN: 103331, CDSL DP ID: 12084300, SEBI Regn : IN-DP-317-2017 Attention Investors: “Prevent unauthorized transactions in your account –> Update your mobile numbers/email…

Read More