- Cognizant to cut 4,000 jobs as AI push, weak demand weigh on outlook April 29, 2026Cognizant’s Project Leap restructuring targets $300 million in savings and margin expansion, even as the company lowers full-year guidance amid a softer demand environment.
- Bajaj Finance sees AI-led gains for customers, staff in FY27 April 29, 2026Bajaj Finance posted a 22% jump in Q4 profit to ₹5,553 crore and crossed ₹5 trillion in AUM, as AI-driven efficiencies, including a sixfold rise in peak-day loan processing, began showing up in operations.
- Mythos: AI’s watershed moment or a security nightmare? April 29, 2026Claude Mythos or Mythos is US-based Anthropic's advanced AI model designed to handle complex cybersecurity tasks such as identifying bugs, analyzing systems and even generating exploits.
- Prestige Group bets on rental-led senior living, eyes premium play in Bengaluru April 29, 2026Prestige Group is planning a hospitality-style model instead of apartment sales as it taps a fast-growing but underpenetrated segment.
- Vedanta beats street on strong commodity prices April 29, 2026Vedanta's FY26 revenue jumps 15.83% to ₹1,74,075 crore, surpassing Bloomberg's estimate of ₹1,70,000 crore.
- RBI launches 3 key surveys for monetary policy input April 29, 2026The RBI said it has launched the May 2026 round of the 'inflation expectations survey of households' to capture subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities.
- ADB cuts growth outlook of Asia to 4.7% as West Asia disruptions deepen April 29, 2026The Asian Development Bank has lowered its 2026 economic growth forecast for Asia and the Pacific. Prolonged West Asia disruptions are driving up energy prices and tightening financial conditions. Inflation projections have also been significantly raised. The ADB warns of systemic, long-lasting disruptions to global energy and trade networks. The bank will s […]
- RBI allows banks to extend relief measures to borrowers without their requests in disaster-hit areas April 29, 2026New Reserve Bank of India guidelines empower banks to offer relief to all borrowers in calamity-hit regions. These measures, effective July 1, 2026, can be extended without borrower requests. Banks can also operate from temporary premises and set up satellite offices. ATM services will be restored promptly. Relief can include fee waivers for up to a year. […]
- West Asia conflict raises inflation risks; India's domestic strength offers cushion: Finmin report April 29, 2026India faces supply shocks from the West Asia conflict. This impacts inflation and trade. However, strong domestic demand and policy measures provide resilience. The economy is forecast to grow robustly. Government actions aim to manage costs in key sectors. Trade performance is being boosted by new schemes and agreements. India is positioned to leverage glob […]
- RBI rejects NBFC pleas on funds, norms tightening April 29, 2026The Reserve Bank of India has rejected several suggestions from Non-Banking Finance Companies. Equity investments in group entities will not be excluded from indirect public funds. Borrowings from promoters and related parties will be treated as public funds. Intra-group loans will be considered customer interface. These decisions are part of final direction […]
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