Artificial intelligence is transforming businesses by automating tasks and providing deep data insights. It enhances efficiency and enables smarter decision-making across various operations. Implementing AI can drive growth and optimize processes, making businesses more competitive in the evolving market.
Mar 19th, 2025
Shristi Acharya
Centre has established an inter-ministerial-industry committee on fintech to address regulatory concerns and long-term strategy for the sector, a notice said. The committee, which includes officials from NITI Aayog and other departments, will analyse fintech’s impact on banking and financial services and identify growth obstacles. It will submit a report within three months of its first meeting.
Mar 18th, 2025
Shristi Acharya
Wikimedia Foundation petitioned Supreme Court to overturn a Delhi High Court order directing them to remove a page detailing its legal dispute with news agency ANI, Reuters reported. Wikimedia argued that the order would have a "chilling effect on free speech". ANI sued Wikimedia last year for allegedly describing them as an agency facing criticism for being government's "propaganda tool".
Mar 18th, 2025
Shristi Acharya
Cipla has signed an exclusive licensing deal with Taiwan’s Formosa Pharmaceuticals to commercialise clobetasol propionate ophthalmic suspension, 0.05% (APP13007) in 11 countries, a regulatory filing said. APP13007 is approved by USFDA for treating post-operative inflammation and pain after ocular surgery. The 11 countries include India, Nepal, Bangladesh, Sri Lanka and Argentina, among others.
Mar 18th, 2025
Vaishnavi Mishra
US President Donald Trump on Monday claimed that China President Xi Jinping may visit America in the "not-too-distant future" for talks as economic tensions escalate between the nations. Trump has imposed a 20% tariff on Chinese products since taking office in January this year. Meanwhile, Beijing has imposed a limited set of its own retaliatory trade actions.
Mar 18th, 2025
Bhawana Chaudhary
Edtech unicorn PhysicsWallah has filed draft papers through the confidential pre-filing route to raise ₹4,600 crore via IPO, reported Moneycontrol. It has reportedly picked four investment bankers, namely Axis Capital, Kotak Mahindra Capital, Goldman Sachs and JP Morgan, for IPO. After the public issue, PhysicsWallah would be the first pure-play edtech company to debut on Indian stock exchanges.
Mar 18th, 2025
Dharini Mudgal
State-owned power giant NTPC Ltd has announced plans to issue unsecured, non-convertible debentures (NCDs) worth ₹4,000 crore on March 20 through a private placement, CNBCTV18 reported. The NCDs will be issued at a coupon of 7.26% per annum for a tenure of 15 years, maturing on March 20, 2040, according to a stock exchange filing.
Mar 18th, 2025
Sakshita Khosla
Supreme Court has assured CBI probe into the alleged nexus between banks and builders, after homeowners said they're being forced to pay home loan EMIs without getting possession of flats. "Thousands of people are crying. We can't wipe their tears but we can address their issues," said Justice Surya Kant. Homeowners claimed that builders are delaying handing over flats.
Mar 18th, 2025
Dharini Mudgal
LIC has requested RBI to introduce long-term government bonds, including 100-year bonds, Hindustan Times reported citing a top official. LIC's CEO Siddhartha Mohanty said the company sells whole-life policies, which need investments in long-term bonds. "I'm...expecting 50-year, even 100-year bonds. Our people are discussing this...with RBI, and they are also considering this," he said.
Mar 18th, 2025
Medhaa Gupta
Google parent Alphabet has signed a definitive agreement to acquire New York-based cloud security platform Wiz for $32 billion (approximately ₹2.77 lakh crore), subject to adjustments, in an all-cash transaction. The deal will be the biggest acquisition by the company. "Google Cloud and Wiz will turbocharge improved cloud security and the ability to use multiple clouds," CEO Sundar Pichai said.
Mar 18th, 2025
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