‘Small’ isn’t beautiful for small finance banks. Mumbai: Shakespeare may have wondered what’s in a name, but for small finance banks, it perhaps makes a world of difference. Executives of small finance banks (SFBs) have requested Reserve Bank of India (RBI) officials to let them drop the ‘small finance’ tag at a recent meeting, two people aware of the matter said. Dropping the tag will improve branding and customer connect, and attract more current and […]

Food security: Its efficient management is a win for India. The government of India has taken a slew of measures to bolster finances required for institutionalized food security management, involving the procurement of wheat, rice and coarse grains from farmers, their safe storage and transportation to deficit regions, and then their distribution among beneficiaries. These measures started with the settlement in fiscal year 2020-21 of all the food-subsidy arrears and claims of Food Corporation of […]

Indian Entrepreneurs to Focus on Essential Startups and Technologies Invest India’s Managing Director, Nivruti Rai, advocates for Indian entrepreneurs and investors to concentrate on startups and technologies addressing pressing global needs to keep investments flowing into India. During her speech at the Mint India Investment Summit 2024, Rai emphasized the need for India to develop startups that fulfill international needs. She pointed out a funding winter and underinvestment in certain tech sectors and signaled the […]

Regulators are forcing big tech to rethink its AI strategy. Trustbusters have big tech in their sights. On March 25th the European Commission opened a probe into Apple, Alphabet (Google’s parent company) and Meta (which is Facebook’s). Regulators in Brussels think the measures which the American technology behemoths have put in place to comply with the Digital Markets Act, a sweeping new law meant to ensure fair competition in the EU’s tech industry, are not […]

Big Tech’s AI Strategies Under Regulatory Scrutiny In the thick of intensified regulation, the titans of technology are reevaluating their approaches to artificial intelligence (AI) investment, as acquisition strategies face more rigid scrutiny. Key Highlights: Big tech companies are navigating regulatory challenges by adjusting their strategies to comply with the Digital Markets Act and to withstand antitrust cases. With acquisitions now under the regulatory microscope, these companies shift focus to strategic investments and selective talent […]