Groww bets on ‘assistive AI’ as it scales trading, bonds and wealth stack

Groww bets on ‘assistive AI’ as it scales trading, bonds and wealth stack

Unlike public AI models trained broadly on internet data, GR-1 is built to be context-aware, factoring in a user’s risk profile, portfolio composition and investing behaviour Bengaluru-based Groww is sharpening its artificial intelligence strategy even as it expands deeper into trading, fixed income and wealth management. It however, insists the technology will remain assistive not […]

OPEC+ to weigh bigger hike after Iran strike, delegate says

OPEC+ to weigh bigger hike after Iran strike, delegate says

OPEC+ will consider the option of a larger supply increase when key members meet on Sunday, after Israel launched airstrikes on targets in Iran, according to a delegate.  The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three month supply freeze, several delegates said earlier […]

Global funds return to India as earnings outlook improves

Global funds return to India as earnings outlook improves

Foreign investors are returning to Indian stocks at the fastest pace in eight months, supported by stabilizing corporate earnings and a US trade deal that improves the outlook for the months ahead. Global funds have bought nearly $2.1 billion of local shares so far in February, putting inflows on track for the strongest since June. […]

Broker’s call: CIE Automotive (Add)

Broker’s call: CIE Automotive (Add)

Target: ₹520 CMP: ₹498.60 CIE Automotive’s (CAIL) Q4CY25 consolidated revenue at ₹2,390 crore was in line with I-Sec estimate; adjusted EBITDA margin (adjusted for new labour code impact and restructuring costs) at 15.4 per cent was about 60bps higher than I-Sec estimate. India revenue was up 12 per cent y-o-y at about ₹1,540 crore vs. […]

Claude Code shock: Big Blue falls, Indian IT stocks follow

Claude Code shock: Big Blue falls, Indian IT stocks follow

FILE PHOTO: Figurines with computers and smartphones are seen in front of the words “Artificial Intelligence AI” in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Shares of IBM tumbled over 13 per cent on Monday, wiping out more than $30 billion in market capitalisation and dragging Indian IT […]