Tag: Sector
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Piramal Finance Targets Keertana for Expansion into Gold Loan Sector
Kolkata: Piramal Finance, a non-deposit taking non-bank lender, is exploring an acquisition opportunity in the gold loan market as part of its proposed foray into the segment. The company has approached Keertana Finserv, primarily a gold loan lender, with a buyout proposal, two people aware of the development said. “We continuously evaluate opportunities that align…
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Investment Banking GCCs Lead Financial Sector in Salaries for FY26, Says Report
Retail and commercial banking and financial services offer balanced compensation, with steady and consistent salary growth across career levels, added the report Mumbai, Investment banking global capability centres (GCCs) are offering the best pay scale across most roles and experience levels in 2025-26, followed by retail and commercial banking, financial services, and insurance GCCs, as…
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Transforming India’s Power Sector: The Role of AI and Machine Learning Applications
New Delhi: AI and Machine Learning (ML) will be central to building intelligent, consumer-centric and self-optimising power distribution networks, Power Minister Manohar Lal said at a two-day national conference on AI/ML applications in the sector at Bharat Mandapam on Saturday. He said solutions such as smart meter analytics, digital twins, predictive maintenance, theft detection, appliance-level…
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Revolutionizing India’s Power Sector: The Impact of AI and ML Technologies
New Delhi, Dec 07: Manohar Lal, Minister of Power, highlighted the crucial role of Artificial Intelligence (AI) and Machine Learning (ML) in enhancing consumer-centric, self-optimizing power distribution networks during a National Conference in New Delhi. He emphasized that AI/ML solutions, such as smart meter analytics, predictive maintenance, and theft detection, could significantly improve consumer experiences…
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AI’s Impact on Every Sector of the Economy
S. Krishnan, Secretary, Ministry of Electronics and Information Technology Artificial intelligence (AI) is reshaping various sectors, ranging from health and education to agriculture and smart cities, and India has emerged as a key driver of this technology-led social and developmental shift. The growing integration of AI, emerging technologies, digital public goods, open-source platforms and data-driven…
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Biocon Biologics and Biocon to Merge: Key Developments in the Biopharmaceutical Sector
Biocon to acquire balance stake in Biocon Biologics at EV of USD 5.5 billion Biocon announced a strategic corporate action to fully integrate Biocon Biologics (BBL) as a wholly owned subsidiary into Biocon, subject to applicable approvals. The Strategy Committee, constituted in May 2025, undertook a comprehensive evaluation of multiple strategic options for Biocon Biologics,…
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Shriram Finance Experiences Surge in Trading Activity Driven by Sector Trends
Trading Volume and Value Turnover Highlight Market Interest On the trading day, Shriram Finance recorded a total traded volume of 31,96,318 shares, translating into a substantial traded value of approximately ₹264.02 crore. This level of activity places the stock among the highest in terms of value turnover, signalling robust participation from market participants. The stock…