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Category: breaking news

AI Gains for Big Banks Pose a Competition Headache
breaking news

AI Gains for Big Banks Pose a Competition Headache

Purbalee DuttaNovember 12, 2025November 12, 2025

Bank of America launched its AI-powered chatbot, Erica, in 2016. After years of upgrades and patents, it now manages about 2 million customer interactions daily—the workload of roughly 11,000 employees.…

Sensex falls 250 pts, Nifty below 25,550
breaking news

Sensex falls 250 pts, Nifty below 25,550

Purbalee DuttaNovember 11, 2025November 11, 2025

Indian equity benchmarks fell on Tuesday, reversing the previous session’s gains as selling in financial stocks and continued foreign fund outflows dampened sentiment. Around 10:45 a.m., the Sensex was down…

Nifty 50, Sensex today!
breaking news

Nifty 50, Sensex today!

Purbalee DuttaNovember 10, 2025November 10, 2025

The Indian stock market is expected to open flat on Monday, reflecting mixed global cues. Gift Nifty trends suggest a mildly positive start, trading around 25,614, about 24 points above…

Novo Nordisk layoffs: Pharma major notifies employees impacted by 9,000 job cuts 
breaking news

Novo Nordisk layoffs: Pharma major notifies employees impacted by 9,000 job cuts 

Purbalee DuttaNovember 1, 2025November 1, 2025

Denmark-based pharmaceutical giant Novo Nordisk has informed most of its affected employees about ongoing job cuts as part of a global restructuring initiative, CEO Mike Doustdar announced on Friday, 31…

Air India seeks over $1 billion in financial support from owners 
breaking news

Air India seeks over $1 billion in financial support from owners 

Purbalee DuttaOctober 31, 2025October 31, 2025

Air India is reportedly seeking financial assistance of at least ₹10,000 crore ($1.14 billion) from its owners, Singapore Airlines and Tata Sons, to help the carrier recover from a major…

SBI Mutual Fund invests Rs 100 crore in Lenskart
breaking news

SBI Mutual Fund invests Rs 100 crore in Lenskart

Purbalee DuttaOctober 29, 2025October 29, 2025

SBI Mutual Fund has invested Rs 100 crore in eyewear retailer Lenskart Solutions Ltd ahead of its upcoming IPO. The investment was made through its two alternative investment funds —…

Corporate bond market eyes a new high amid a projected 87% surge 
breaking news

Corporate bond market eyes a new high amid a projected 87% surge 

Purbalee DuttaOctober 27, 2025October 27, 2025

India’s corporate bond market has been quietly expanding over recent years, reaching ₹53.63 lakh crore ($626.7 billion) as of March 31, 2025, and is now showing signs of rapid acceleration.…

Infosys share price jumps over 4%
breaking news

Infosys share price jumps over 4%

Purbalee DuttaOctober 23, 2025October 23, 2025

Infosys shares surged over 4% in Thursday’s session after the company announced its largest-ever share buyback. In its exchange filing on October 22, Infosys stated that promoters, including Nandan Nilekani,…

Why gold prices are rising daily?
breaking news

Why gold prices are rising daily?

Purbalee DuttaOctober 17, 2025October 17, 2025

Gold prices soared to a record high of $4,380 per ounce on Friday, October 17, driven by expectations of U.S. interest rate cuts, heightened geopolitical tensions, and strong safe-haven demand.…

Axis Bank shares jump 4% today after Q2 results
breaking news

Axis Bank shares jump 4% today after Q2 results

Purbalee DuttaOctober 16, 2025October 16, 2025

Axis Bank’s shares surged up to 4% after the lender reported a 26% year-on-year decline in net profit to ₹5,090 crore for Q2 FY26, as higher provisions weighed on earnings.…

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