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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted.) TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation ("Fairfax India" or the "Company") (TSX: FIH.U) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd has sold 1,742,987 equity shares, representing its entire equity interest, in Sanmar Chemical Enterprises ...Read More >
New Delhi, Apr 9 (PTI) Veteran banker K V Kamath on Thursday underlined the need for reskilling and education reforms to harness the potential of artificial intelligence (AI), which will be defining the theme of the next decade. During a fireside chat with Sunil Kant Munjal, chairman of Hero Enterprises, at an AIMA event, Kamath suggested that India should focus on practical applications rather than on expensive foundational models. "Building an LLM (large language model) is not necessarily th ...Read More >
VMPL Bangalore (Karnataka) [India], April 9: Talisma today announced the launch of its Autonomous Customer Operations Platform as part of the Talisma 13.0 release, designed to help enterprises successfully adopt AI in real-world customer operations. While AI adoption continues to accelerate across industries, industry reports indicate that nearly 95% of enterprise AI initiatives fail to move beyond pilot stages. The most common barriers include data security concerns, escalating AI token costs ...Read More >
New Delhi, Apr 8: Japan's MUFG Bank on Wednesday acquired a 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. Board approval and share allotment "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Binance is introducing a new rule to stop user orders from being executed at "abnormal prices" during extreme market conditions. The largest crypto centralized exchange announced today the release of the Spot Price Range Execution Rule (PRER) on spot markets starting April 14, 2026, rolling it out gradually across pairs. According to the announcement, the new feature will allow o ...Read More >
New Delhi, Apr 8 (PTI) Japan's MUFG Bank on Wednesday acquired 20 per cent stake in Shriram Finance Ltd (SFL) for Rs 39,618 crore. The transaction represents the largest cross-border investment in India's financial services sector. "This follows the approval by SFL's Board of Directors, at its meeting held today, of the allotment of equity shares to MUFG Bank through a preferential issue," SFL said in a statement. MUFG Bank has subscribed to 471,121,055 equity shares at an issue price of Rs 8 ...Read More >
Bhubaneswar: In a refreshing turn of events, a tech professional who was recently laid off from his job at Oracle Bangalore has returned to his hometown Bhubaneswar and is embracing a new chapter in his life with remarkable calm and resilience. Instead of succumbing to stress or panic, he chose to leverage his existing resources and skills to create a fulfilling life. With a steady stream of income from fixed deposits worth ₹60 lakh, including postal FDs and bank deposits, he earns around ₹43,0 ...Read More >
The Gujarat high court on Saturday issued a policy regulating the use of Artificial Intelligence (AI) in judicial and court administration, stating that AI cannot be used for adjudication processes, including judicial decision-making, drafting of judgments or orders and evaluation of evidence, holding judges personally responsible for all orders and judgments issued in their names. The policy titled 'Policy on the Use of Artificial Intelligence in Judicial and Court Administration', stated that ...Read More >
Thane, Apr 5 (PTI) A family from Maharashtra's Thane district was allegedly swindled of more than Rs 1.66 crore by a man who exploited their fear of "black magic" and promised them divine remedies through elaborate rituals and pilgrimages, police said on Sunday. The Kasarvadavali police district on April 2 registered a first information report (FIR) against Manjunath Shetty, a resident of Andheri in neighbouring Mumbai, based on the family's allegations that they were manipulated into paying th ...Read More >
Indian stock market: The Indian stock market ended on a lower note for a sixth straight week, slipping by nearly half a per cent amid heightened volatility driven by a blend of global and domestic uncertainties. The holiday-shortened week started on a weak footing, as rising US-Iran tensions and a surge in crude oil prices dampened sentiment, leading to widespread selling. On Thursday, the market closed FY26 on a subdued note, with the Sensex declining 1,635 points (2.22%) and the Nifty slippi ...Read More >
Ahmedabad, Apr 4 (PTI) The Gujarat High Court has prohibited the use of Artificial Intelligence for any form of decision-making, judicial reasoning, order drafting or judgment preparation, bail sentencing considerations, or any substantive adjudicatory process. According to the high court's AI policy, unveiled on Saturday at a conference of district judiciary judges in Gujarat, AI should be used to improve the speed and quality of justice delivery, rather than as a replacement for judicial reas ...Read More >
Raipur, April 4 (SocialNews.XYZ) External Affairs Minister S. Jaishankar on Saturday urged the graduating class of IIM Raipur to embrace their role in building a developed India, even as the world grapples with unprecedented challenges such as pandemics, conflicts, and climate change. Addressing the 15th Annual Convocation Ceremony as chief guest, Jaishankar congratulated the Class of 2026, describing the occasion as both a celebration of personal achievement and a moment for deeper reflection ...Read More >
New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday. The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA. The report expects growth across India's passenger vehicle (PV) and tract ...Read More >
A high base, along with inflation risks and interest rate movements, will likely temper demand, while the tractor outlook remains tied to the monsoon and rural incomes India's passenger vehicle (PV) industry growth is expected to moderate to 4-6 per cent in FY27, mainly due to a high base and evolving macroeconomic conditions, ratings agency ICRA said on Friday. For FY26, the PV industry is estimated to report wholesale volume growth of around 7-9 per cent, supported by strong festive demand, ...Read More >
New Delhi, Apr 3 (PTI) The one-time duty concession to manufacturing units in SEZs will provide them with limited domestic market access while preserving their export-oriented character, experts said on Friday. However, the relatively modest duty relief somewhat diminishes the extent of the potential benefits to these special economic zones (SEZs), as it is not structured around the principle of duty forgone, they added. "Consequently, the measure falls short of fully addressing the import sub ...Read More >
Mumbai (Maharashtra) [India], April 3: Over 200+ HR professionals, CXOs, and business leaders gathered on March 28 for the SRIF HR Summit 2026 at Vijay Patil School of Management, Nerul, Navi Mumbai -- a full-day forum on the future of hiring, workforce strategy, and the governance of artificial intelligence in HR. Also Read | Kerala Lottery Result Today 3 PM Live: Suvarna Keralam SK-47 Lottery Result of April 3, 2026, Watch Lucky Draw Winner List. The SRIF-HR-SUMMIT-2026 was organised by the ...Read More >
PNN Mumbai (Maharashtra) [India], April 3: Over 200+ HR professionals, CXOs, and business leaders gathered on March 28 for the SRIF HR Summit 2026 at Vijay Patil School of Management, Nerul, Navi Mumbai -- a full-day forum on the future of hiring, workforce strategy, and the governance of artificial intelligence in HR. The SRIF-HR-SUMMIT-2026 was organised by the SRF Staffing and Recruitment Industry Federation (SRIF), the summit was powered by Vijay Patil School of Management and supported by ...Read More >
Bangalore : Squad As a Service, S.L. (SqaaS), an AI company backed by ixigo, today announced the launch of ShellBot, a managed, secure AI agent hosting platform designed to make autonomous AI accessible to individuals, freelancers, SMEs, and enterprises worldwide. Built on OpenClaw - one of the fastest-growing open-source AI agent frameworks - ShellBot enables users to deploy their own private, cloud-hosted AI agent that works 24/7, handling tasks such as emails, scheduling, research, coding, an ...Read More >
New Delhi, Apr 2 (PTI) India Inc on Thursday said the government's move to exempt import of critical petrochemical products from customs duty for three months till June 30 is a timely response to supply chain disruptions arising from the West Asia conflict which will provide relief to sectors such as textiles, packaging and pharmaceuticals. Chandrajit Banerjee, Director General, CII, said, "The Government of India's decision to grant full customs duty exemption on 40 critical petrochemical prod ...Read More >
Mumbai, Apr 2 (PTI) India's refined sunflower oil sales volume is expected to decline about 10 per cent in the current fiscal due to supply-chain disruptions triggered by the Middle East conflict and rising prices that are likely to drive consumers towards cheaper alternatives, a report said on Thursday. Indian refined sunflower oil volume is poised to decline 10 per cent in the current fiscal, due to twin headwinds that will dampen demand, Crisil Ratings said in a report. Firstly, supply-chai ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset after ether at $104.5 million, and Bitcoin at $98.3 million. The single largest liquidation across all assets in the past 24 hours was not Bitcoin or Ethereum, but a $17.17 million Brent oil position on Hyperliquid, according to Binance ...Read More >
Bangalore (Karnataka) [India], April 2: Truecaller, the leading global communications platform, today announced the expansion of its Business Chat platform, making it accessible to global channel partners and enterprise solution providers. By "opening up" market access to its platform, Truecaller is empowering partners to transition their enterprise clients from legacy, low-trust SMS to a verified, smart, media-rich, and conversational communication experience. Also Read | Ashok Kharat Case: Se ...Read More >
NewsVoir Bangalore (Karnataka) [India], April 2: Truecaller, the leading global communications platform, today announced the expansion of its Business Chat platform, making it accessible to global channel partners and enterprise solution providers. By "opening up" market access to its platform, Truecaller is empowering partners to transition their enterprise clients from legacy, low-trust SMS to a verified, smart, media-rich, and conversational communication experience. Through this partner-le ...Read More >
Mumbai: Shares of capital market companies soared Wednesday after the banking regulator deferred by a quarter the implementation of new lender exposure norms that would have raised capital costs for brokers and reduced leverage for proprietary traders. "The Reserve Bank of India has since received representations from banks, capital market intermediaries, and various industry associations seeking an extension of the effective date, and also flagging certain operational and interpretational issu ...Read More >
Kalyan, April 1: The Kalyan-Dombivli Municipal Corporation (KDMC) has posted an impressive performance in property tax recovery for FY 2025-26, garnering Rs 432.41 crore as of March 31, 2026, about 86% of its Rs 500 crore target, underlining a steady uptick in civic revenue mobilisation. Key revenue driver and administrative push Property tax continues to be the corporation's principal revenue stream, critical for underwriting infrastructure upgrades and delivery of essential civic services ac ...Read More >
Mumbai (Maharashtra) [India], April 1: Cupid Limited (BSE: 530843 | NSE: CUPID), a premier manufacturer and brand of premium male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, face wash, petroleum jelly and other FMCG Products, announced its strongest quarterly performance in the Company's history, driven by robust growth across key business segments. Also Read | Alwar Shocker: Newlywed Woman Allegedly Poisons Mother-in-Law Month After Mar ...Read More >
New Delhi [India], March 30 (ANI): Rating agency ICRA highlighted that the revenue growth of construction players hit a speed bump in 2025-26, with road focussed contractors among the worst hit. The construction sector is likely to witness a muted revenue growth of 2-4 per cent in 2025-26, after an almost flat performance in 2024-25, according to an analysis by ICRA. However, it expects the industry to witness a revenue growth of 6-8 per cent in 2026-27 after two bleak years. Shrinking order b ...Read More >
Mumbai, March 31: Microsoft has introduced a series of significant updates to its Copilot research assistant, allowing users to leverage multiple artificial intelligence models simultaneously within a single workflow. The tech giant announced on Monday that it is integrating outputs from both OpenAI's GPT and Anthropic's Claude models to enhance the accuracy and reliability of its AI services, marking a shift toward a multi-vendor collaborative approach. The new features, which include a verifi ...Read More >
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on "non-violation complaints" (NVCs) under the TRIPS Agreement also expired for the first time since 1995. This opens the doors for countries to move WTO in case treaty ...Read More >
Mumbai: Trading in equity derivatives is set to become more expensive from April 1, as a set of measures by the government and the central bank aimed at moderating speculation are set to kick in. The steps - including higher taxes on futures and options trading and tighter lending norms for brokers - will raise trading costs and squeeze volumes. The government, in its Budget 2026-27, has raised the securities transaction tax (STT) on futures to 0.05% from 0.02%, a 150% increase. On options, STT ...Read More >
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