advisory firm

A research firm urged the RBI to reject Tata Sons' bid to surrender its financial license, calling it a tactic to avoid mandatory listing. The firm argued the application is invalid due to past RBI directives and an expired listing deadline. Without a listing, Tata Sons would escape SEBI's oversight, leaving crucial group transactions and capital allocation opaque to investors.

A critical infrastructure failure occurred as the Bailey bridge on Guite Road (NH-102B) collapsed, triggered by two trucks far exceeding their weight limits. This event has disrupted a key supply route to Churachandpur and nearby hill areas, raising concerns over the availability of essential supplies and economic stability.

KPMG's advisory division, with 10,000 employees, now uses a dashboard to track AI usage, aiming for more frequent and sophisticated adoption. The company believes regular AI users produce higher-quality work and feel less stressed. While over 90% of US employees use AI weekly, some express concerns about the dashboard's accuracy and potential for manipulation.

A 27,000-Strong Workforce In The State Handles Taxation, Audits, Payroll And Bookkeeping For Clients Across Four Continents, Generating Approximately Rs 9,000cr Annually At Rates Up To 70% Cheaper Than What Is Charged By The US, The Industry’s Biggest Market

Sun Pharmaceutical Industries Ltd has agreed to acquire US-based Organon & Co for $11.75 billion in an all-cash deal. This significant outbound acquisition is expected to close in early 2027, strengthening Sun Pharma's global presence in women's health and biosimilars.

Jeff Bezos' AI lab, Project Prometheus, is reportedly in talks to lease a significant office space in London's King's Cross. This move, following substantial funding, highlights the UK's growing appeal as a hub for AI companies like OpenAI and Anthropic, which are also expanding their London footprints.

India's top IT firms are cutting jobs. This shift is driven by AI and changing client demands. Companies now prioritize outcomes over sheer employee numbers. The focus is on skilled workers who can leverage AI. This recalibration signals a new era for the IT sector, emphasizing efficiency and specialized talent.

A Chinese national, Xu Zewei, has been extradited to the United States to face charges. He is accused of hacking into computers between 2020 and 2021. These alleged intrusions were part of the HAFNIUM campaign and targeted COVID-19 research. Xu is said to have worked under the direction of Chinese intelligence services.

Indian equities experienced significant volatility as geopolitical tensions impacted markets, leading to a weaker rupee and investor caution. While fear drives knee-jerk reactions, the core design of Systematic Investment Plans (SIPs) is built to navigate these phases, turning market swings into a potential long-term advantage for disciplined investors.

US lawyers are warning clients against sharing sensitive legal information with AI chatbots like ChatGPT and Claude. A recent court ruling indicated such conversations might not be protected by attorney-client privilege and could be used as evidence in legal cases. This development raises significant concerns about client confidentiality and potential legal risks.

Tech Mahindra denies allegations of religious bias at its Goregaon office after social media claims surfaced. This follows heightened scrutiny on IT firms, with TCS Nashik facing a police probe over sexual harassment and religious conversion allegations. Nine FIRs have been registered at TCS Nashik, leading to several arrests.

Rajasthan Royals team manager Romi Bhinder has been fined Rs 1 lakh by the BCCI for breaching match-day regulations by using a mobile phone in the team dugout during an IPL fixture. The Anti-Corruption Unit found his response to a showcause notice unsatisfactory, leading to the penalty and a warning for the first-time offense.

A year after a devastating terror attack claimed 26 lives in Pahalgam, the valley grapples with lingering fear and a fractured tourism economy. India responded with Operation Sindoor, a cross-border military action, and extensive diplomatic efforts. While security has been bolstered, the region's recovery remains fragile, with businesses and residents still navigating the profound impact of the violence.

Armed burglars held a prominent liquor firm owner and his family captive in their Lutyens' Delhi home, fleeing with cash and jewellery. The heist was allegedly facilitated by a recently hired, unverified domestic help. Police are investigating the incident and have increased patrolling in the upscale locality.

A 30-year-old man's death in Pench Tiger Reserve sparks debate: tiger attack or murder? Officials are divided, with some demanding forensic scrutiny due to the nature of injuries and the body's lack of consumption. While field officers maintain it was a clear tiger encounter, others question the immediate blame on the animal, urging a thorough scientific examination before concluding.

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