Market News
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End Of Tab-Hopping? Skyscanner Integrates ChatGPT For Flight Search, Fare Comparison
Users need to install the Skyscanner app within ChatGPT to start using the service.
Oil Servicer Weatherford Sees War Impacts Deepening This Quarter
Weatherford International Plc., one of the world’s largest oilfield-service providers, is warning that a hit to earnings in the wake of the Iran war will get worse this quarter, before an eventual rebound.
TVS Motor enters Zambia with multi-product launch to boost Africa expansion
The company has partnered with Zamoto Manufacturing Limited as its authorised distributor to establish a comprehensive sales, service and spare parts network across the country.
Lowe’s stock maintained at Buy by UBS on subscription service - Investing.com India
Lowe’s stock maintained at Buy by UBS on subscription serviceInvesting.com India
More than rooms: India’s hotels load up on restaurants, banquets and spas
Hotel stays in India are becoming bundled experiences. A room is only one part of what is being paid for. As long as demand continues to favour these full-service formats, and hotels continue to build around them, room rates are unlikely to ease.
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?
Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder Bhavish Aggarwal has shifted focus to fixing service issues and pushing aggressive price cuts and battery-led growth, even as competition from established players intensifies.
S&P 500 gained for seventh straight day on Thursday but this segment sold-off again
The iShares Expanded Tech-Software Sector ETF (IGV) fell 4%, closing at the lowest level since 2023. The ETF has extended its year-to-date losses to 27%. Another index related to software-as-a-service (SaaS) companies declined nearly 5%, extending its decline for the week to 9% and a year-to-date drop to nearly 40%.
Kluisz rebrands as Nava, raises $21.7 million to build AI neocloud platform
The startup is shifting from private cloud services to GPU-as-a-service infrastructure as investors bet on rising demand for AI computing capacity.
Bank of Baroda launches AI-powered multilingual platform for in-branch customer service
Bank of Baroda has introduced bob SAMVAD, an AI-driven platform. This new system allows customers and bank staff to communicate in their preferred languages. It translates conversations in real-time across 22 Indian languages. This innovation aims to break down language barriers at bank branches. Customers can speak or type their queries.
Jammu & Kashmir Bank's business crosses Rs 2.90 lakh crore, says MD
Jammu and Kashmir Bank's business has surpassed Rs 2.90 lakh crore. Lieutenant Governor Manoj Sinha inaugurated the bank's new regional business centre in Jammu. This facility will boost service delivery and operational efficiency. The centre houses a currency chest, a modern branch, and administrative units.
Wipro to acquire Olam Group's IT service arm 'Mindsprint'
For a purchase consideration of USD 375 million
RBI revamps business correspondent model to boost last mile delivery of financial services
The Reserve Bank of India is overhauling its business correspondent system. New service points, Business Correspondent-Banking Outlets and Business Correspondent-Banking Touchpoints, will be introduced. This aims to improve customer service and expand financial inclusion across India. Banks must conduct thorough checks on new correspondents. These changes are proposed to enhance banking access.