Banking And Finance
IRDAI may tighten CEO KPIs on claims, expenses and customer service
Mumbai: The is internally discussing a sharper and more granular framework for performance-linked key performance indicators (KPIs) for chief executives and senior management personnel at , as the regulator steps…
AI-powered early warning systems are changing credit risk management
In an increasingly interconnected world, credit risk is no longer shaped solely by balance sheets, repayment histories, or sectoral performance. Today, not only the country’s economy but also an individual’s…
Gold and silver price today, 19 May: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities
Gold and silver prices today on 19 May: The price of the yellow metal in India’s retail market edged higher on Tuesday, as crude oil prices declined after US President…
Market
Goldline Pharmaceutical share price locked in 5% lower circuit after bumper debut
Goldline Pharmaceutical share price made a strong debut on BSE SME today. Goldline Pharmaceutical share price today opened at ₹59.75, which is 40% higher than the issue price of ₹43.…
Small-cap NBFC stock Aye Finance rises 5% after IIFL Capital initiates coverage with ‘buy’
Aye Finance share price: Shares of small-cap non-banking financial company (NBFC) Aye Finance witnessed healthy buying interest in intraday trade on Tuesday, 19 May, as brokerage firm IIFL Capital initiated…
Market
PE firm Advent invests $150 million for minority stake in Iscon Balaji Foods
Global private equity firm Advent International will invest $150 million for a significant minority stake in Iscon Balaji Foods (IBF) Pvt Ltd, one of India’s largest potato processors, the companies…
Nayara Energy restarts operations after maintenance shutdown
Nayara Energy has resumed operations at its 400,000 barrels-per-day Vadinar refinery after a maintenance shutdown, two sources with knowledge of the matter said. * The refinery resumed operations last week…
Apollo Tyres bets ₹3,500 crore on expansion as rubber spike and Dutch plant closure test margins
is pressing ahead with a ₹3,500-crore expansion plan even as surging rubber prices and the closure of its last manufacturing plant in threaten to squeeze margins after the company delivered…
‘Replacing lower-value human capital’: Standard Chartered plans over 7,800 job cuts by 2030 amid AI, profitability push
London-headquartered bank has announced plans to cut more than 15% job roles by 2030 as it scales usage of artificial intelligence (AI) to streamline processes, Bloomberg has reported. The are…
Axis
