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BFSI firms set to see AI-led decision making & real-time fraud detection
Indian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopters are seeing success, many companies still face hurdles in infrastructure and governance. AI is now integral to core operations, not just customer service. Future plans focus on boosting productivity and customer growth through AI.
14 penny stocks plunge up to 55% in 2 months. Are you affected?
Fourteen penny stocks have declined sharply over the past two months, with losses of up to 55%, highlighting the risks associated with low-priced equities. While such stocks attract investors seeking quick gains, weak liquidity, volatility and governance concerns make them highly vulnerable to sharp corrections and capital erosion.
When AI costs spiral: A company accidentally spent $500 million in one month on Claude AI- what went wrong?
An enterprise client spent $500 million in a single month on Claude AI after failing to set employee usage limits, exposing a growing crisis in corporate AI cost governance.
Up to 531% returns: 23 small & midcap multibaggers you might have missed in 2026
Several small and midcap stocks have achieved multibagger status in 2026, offering substantial returns. Companies in sectors like fiber optics, defence, pharma, and solar energy have seen significant growth. This rally highlights thematic strengths overriding broader market concerns. Experts advise caution, emphasizing selective investing in quality companies with strong fundamentals and governance.
Wipro shares rally over 4% on deal with ServiceNow to scale agentic AI
Wipro's shares surged after announcing an expanded partnership with ServiceNow to integrate Wipro Intelligence with the ServiceNow AI Platform. This collaboration aims to scale agentic AI workflows across enterprise functions, streamlining operations, improving visibility, and accelerating turnaround times for businesses. The partnership focuses on delivering measurable outcomes and enabling scalable AI adoption with enhanced governance.
Swiggy Defends Founder Board Nomination Rights After Shareholders Reject IOCC Proposal
Swiggy reassured investors after its IOCC-linked governance proposal failed to secure the 75% shareholder approval required for passage.
HDFC Bank shares fall as report flags payments routed to benefit depositor MSRDC
Shares of HDFC Bank fell after a report alleged the bank internally investigated ₹45 crore in payments linked to MSRDC deposits. The episode has renewed investor concerns around governance standards at India’s largest private lender.
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank maintains its commitment to transparency and strong governance.
HDFC Bank Shares Drop As Governance Report Deepens CEO's Woes
Jagdishan's current three-year term ends in October.
Elon Musk’s control over SpaceX expands with super voting shares, unusual governance rules: Report
The company reportedly granted Musk a massive restricted stock package earlier this year while also structuring voting rights, and shareholder protections in ways that governance experts argue overwhelmingly favor Musk over outside investors.
7 Months And Out: Why BP Fired Chairman Albert Manifold — Governance Issues Explained
BP removes Chairperson Albert Manifold
Irdai asks insurers to link pay packages of senior executives to customer-centric metrics
The Insurance Regulatory and Development Authority of India (Irdai) has made amendments to the IRDAI (Corporate Governance for Insurers) Regulations, 2024.