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ET Markets - Industry 52d ago
Inside India’s biggest banking and financial services tech hubs
Standard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office roles in India. This move aligns with a broader trend of financial firms leveraging AI and tech hubs in India for both support and higher-value functions, though some, like Wells Fargo, are also consolidating operations.
AKCAPITCPCAPJMFINANCILNAHARCAPSILTECHVALUEZTECHFinancial ServicesRealty
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Moneycontrol NaNd ago
Lodha drops 4%, Oberoi Realty slips 3% as BMC shuts water supply to construction sites across Mumbai
The move comes as the delayed arrival of the southwest monsoon has intensified concerns over water availability in India's financial capital
AKCAPITCPCAPJMFINANCILLODHANAHARCAPOBEROIRLTYSOUTHWESTFinancial ServicesRealty