Indian banks increased cybersecurity spending in July 2026 as AI-driven cyber threats matured, with six of seven threats identified a year earlier becoming operational, according to the Digital Threat…
India's Nifty IT index surged 16.7% in July 2026, its best monthly showing in years, as global investors rotated away from AI-heavy stocks, while the Philadelphia Semiconductor Index tumbled 21% over …
ServiceNow invested $40 million in BusinessNext, an Indian banking software specialist, valuing the 24-year-old company at $700 million and taking a roughly 5% stake. The deal gives BusinessNext acces…
The Reserve Bank of India on June 24 published draft Guidance on Regulatory Principles for Model Risk Management that would require covered financial institutions to apply a board-approved framework t…
The Reserve Bank of India is pushing for a ban on banks and financial institutions holding or trading crypto assets, citing tax evasion and macroeconomic stability concerns. Internal documents reveal …
The Reserve Bank of India released a draft model risk framework mandating a 'kill switch' for AI models used by banks and financial entities, requiring documented human oversight, customer disclosure,…
Seeking Alpha rates SharonAI Holdings (NASDAQ:SHAZ) a Hold, citing a $2.2 billion contract backlog that has not yet converted to meaningful revenue. The company faces uncertainty over a $1.6 billion c…