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India's biggest AI opportunity lies in enterprise applications: Gopal Jain
India is well positioned to become a global hub for AI applications and enterprise AI services, according to Gopal Jain, MD & CEO of Gaja Alternative Asset Management. He said the country has strong AI talent and can play a larger role across the AI value chain over time. Jain added that patient domestic private equity capital will be essential to build foundational AI technologies, while greater awareness and access are needed to expand India's alternative investment industry. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Analysts back buy-on-dips strategy as Nifty targets 24,450–24,800
Indian stock market analysts are optimistic, anticipating the Nifty to continue its upward trend. They suggest buying on dips around the 24,000-24,150 mark, with potential upside targets reaching 24,800. Several stocks, including Container Corporation of India, IndusInd Bank, Biocon, HDFC Asset Management Company, Shriram Finance, and Piramal Pharma, are highlighted as strong buy recommendations with specific price targets and stop-losses.
ICICI Pru Life seeks investor status for Prudential after Bharti Life deal
UK-based Prudential Corporation Holdings is seeking regulatory approval to shift its status from promoter to investor in ICICI Prudential Life Insurance. This move is necessitated by Prudential's agreement to acquire a 75% stake in Bharti Life. Indian regulations prohibit an entity from being a promoter in two insurance ventures simultaneously. Prudential will consequently reduce its stake in ICICI Pru Life to below 10%.
ICICI Prudential Life to seek IRDAI nod for Prudential's promoter-to-investor reclassification
As part of the arrangement, ICICI Prudential Life will apply to the Insurance Regulatory and Development Authority of India (IRDAI) to reclassify Prudential from a 'promoter' to an 'investor' under applicable insurance regulations.
ICICI Bank Signs Pact With Prudential To Reclassify UK Firm To 'Investor' Status Post Bharti Life Deal
ICICI Bank will also vote in favour of the appointment or replacement of the director.
ICICI Bank, Prudential sign undertaking to defuse conflict-of-interest concerns ahead of Bharti Life deal
The undertaking, signed between the two promoters of ICICI Prudential Life on Saturday, seeks to address potential conflicts of interest arising from Prudential's proposed acquisition of Bharti Life.
11 largecap stocks with upside potential of up to 50%. Do you own any?
Indian investors are eyeing significant gains as analyst forecasts highlight 11 largecap BSE stocks poised for 25% to 50% growth in the next year. Companies like Swiggy, ICICI Prudential Life, and HDFC Life Insurance are among those with strong 'Buy' ratings and substantial projected upside.
ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2% - scanx.trade
ICICI Prudential Mutual Fund reduces stake in Entertainment Network India Ltd by over 2%scanx.trade
SBI Funds IPO likely to open in the week of July 13, targets valuation of up to $12.1 billion
SBI Funds Management is preparing to launch one of India's biggest IPOs this year, with the issue expected to open in the week beginning July 13 and raise as much as $1.2 billion through a pure offer-for-sale. The country's largest asset manager is targeting a valuation of 1.15 trillion rupees-1.20 trillion rupees, lower than earlier expectations, as it gauges investor sentiment amid a revival in the primary market.
ICICI Prudential Mutual Fund crosses 5% stake in Container Corporation of India - scanx.trade
ICICI Prudential Mutual Fund crosses 5% stake in Container Corporation of Indiascanx.trade
Expert view: See compelling opportunities in financials, energy, metals, says Sandeep Neema of PL Asset Management - livemint.com
Expert view: See compelling opportunities in financials, energy, metals, says Sandeep Neema of PL Asset Managementlivemint.com
Bajaj Finance shares gain 2% after Q1 business update; AUM rises to Rs 5.46 lakh crore
Bajaj Finance shares rose after the company reported strong Q1 FY27 business growth, driven by higher assets under management, customer additions and loan bookings. The NBFC also continued its steady expansion in deposits, while stable asset quality and healthy profitability reinforced confidence in its long-term growth trajectory.