Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Stock market holiday: BSE, NSE shut today for Bakri Id; next holiday Jun 26 - Business Standard
Stock market holiday: BSE, NSE shut today for Bakri Id; next holiday Jun 26Business Standard
Stock market holiday today: BSE, NSE to remain close on May 28 for Bakri Id - Business Standard
Stock market holiday today: BSE, NSE to remain close on May 28 for Bakri IdBusiness Standard
Stock Alert: OMCs, Hindalco Inds, NTPC, Colgate, Indigo Paints, Sterlite Tech - Business Standard
Stock Alert: OMCs, Hindalco Inds, NTPC, Colgate, Indigo Paints, Sterlite TechBusiness Standard
Stock Alert: ITC, Honasa Consumer, Aurobindo Pharma, Nykaa, Welspun Corp - Business Standard
Stock Alert: ITC, Honasa Consumer, Aurobindo Pharma, Nykaa, Welspun CorpBusiness Standard
Ola Electric’s home inverter play has a chemistry problem
The company’s decision to use expensive NMC cells instead of industry-standard LFP chemistry for its lithium-ion batteries has led to a massive revenue shortfall and slowdown in its home energy storage business.
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.
‘Future of Standard Chartered depends on talent’: CEO tells staff after ‘lower-value human capital’ comment backfires
Bill Winters, CEO of Standard Chartered, addressed staff regarding concerns over automation and AI replacing jobs. He emphasized the bank's commitment to workforce evolution and the importance of talent for its future.
Layoffs Loading: Standard Chartered To Double Down On AI, Slash Over 7,000 Jobs
Standard Chartered also raised its long-term profitability outlook.
Standard Chartered likely to exit ICICI Pru Life bancassurance tie-up; may join Bharti Life Insurance
Sources said the bank currently contributes around 5% to ICICI Prudential Life’s annualised premium equivalent (APE) and about 6% to its retail APE.
‘Replacing lower-value human capital’: Standard Chartered plans over 7,800 job cuts by 2030 amid AI, profitability push
The job cuts would drive productivity improvements to raise income per employee by about 20% by 2028, according to StanChart.
Stock Market LIVE: Sensex pares losses, turns positive; Nifty above 23,600 as IT drives recovery - Business Standard
Stock Market LIVE: Sensex pares losses, turns positive; Nifty above 23,600 as IT drives recoveryBusiness Standard
Mutual funds' stock market lead over LIC widens for fifth year in a row - Business Standard
Mutual funds' stock market lead over LIC widens for fifth year in a rowBusiness Standard