Tag: risk management
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
India’s Bank Fraud Losses Triple Even as Cases Fall
RBI’s Annual Report 2024–25 shows a sharp disconnect between the number of bank frauds and the money being lost. The total value of bank...
A&M Report Flags Governance Gaps as AI Adoption Surges
Alvarez & Marsal (A&M) has released its latest AI Survey Report, offering a detailed view of how Indian enterprises are deploying, governing and securing...
S&P Warns AI and Digitalization Will Deepen Structural Risks for Global Banks
The global banking sector is moving into a more volatile phase as rapid digitalization, expanding use of artificial intelligence (AI), climate-linked vulnerabilities, and rising...
AI-First Treasuries on the Rise: EY Survey 2025
Indian corporate treasury teams are undergoing a major transformation, with nearly half of them ranking automation and AI adoption as their top investment priority,...
The NIST Cybersecurity Framework (CSF) 2.0
Understanding the NIST Cybersecurity Framework 2.0
The NIST Cybersecurity Framework (CSF) 2.0 is a widely adopted guide for managing cybersecurity risks across industries. Developed by...
CII Launches Guide to Help Boards Govern AI Responsibly
Industry body Confederation of Indian Industry (CII) has unveiled a new "Guidebook on Effective Adoption and Governance of AI for Board Leaders," underscoring the...
Institutional Investors Urged to Embrace AI: McKinsey
Institutional investors stand to unlock returns of up to 10 times their investment by adopting technology and artificial intelligence (AI) more strategically, according to...
CSCRF Mandates SOC, Data Localization for Financial Firms
The Securities and Exchange Board of India (SEBI) introduced the Cybersecurity and Cyber Resilience Framework (CSCRF) in March 2024, marking a significant shift in...
EY and NVIDIA Launch AI Agentic Platform
EY has launched the EY.ai Agentic Platform, a cutting-edge AI-driven enterprise solution built in collaboration with NVIDIA. Designed to enhance tax, risk, and finance...
Citigroup to Cut IT Contractors by 30%
Citigroup has announced a major overhaul of its IT workforce, aiming to reduce its reliance on external contractors by 30% as part of a...
Financial Instruments: Safeguarding Success Through Strategic Risk Management
In the dynamic landscape of finance, risk management stands as a cornerstone for ensuring the stability and longevity of businesses. Within this realm, leveraging...
