“The truth is that recovery remains one of the most broken parts of the lending ecosystem,” said Ananth Shroff, founder and CEO of DPDzero, an AI-powered debt collection platform. “Once an EMI is missed, borrowers are often reduced to a DPD (days-past-due) bucket and pushed through a standard sequence of messages, repeated calls, outsourced agents, and aggressive methods.”
Goldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform focused on generating returns from the AI space, Reuters reported based on an internal memo of the company. Lou D’Ambrosio will lead the platform as chairman of Artificial Intelligence for Asset Management, the report cited the memo as saying. “We believe AI is…
South Korea’s Kospi stock index plunged more than five percent Monday morning as tech firms suffered another bout of heavy selling fuelled by concerns over the AI investment boom. The Kospi sank 5.6 percent to 7,058.82 in early exchanges, while chip titan SK hynix dived 10.1 percent, even after its US shares soared more almost…
Shares of Cupid jumped 6% on Friday, extending its sharp 13% rally over two days as the multibagger stock continued to mint massive returns for its more than 2 lakh shareholders. Shares of the condom maker rose to Rs 222 apiece on Friday. The stock has gained around 110% so far in 2026 and has…
Are you planning to purchase a new house? Have you considered how you will manage home loan EMIs and ensure hassle‑free repayments to avoid financial stress later? One common dilemma is whether to continue renting or buy a property. The 20x rule offers a simple framework for comparing a house’s cost and rent to its…
Shares of Billionbrains Garage Ventures, the parent company of Groww, gained 2.3% to Rs 221 on the BSE on Thursday after its consolidated net profit of Rs 735 crore in the first quarter of FY27, marking a 94.44% year-on-year (YoY) surge from Rs 378 crore in the same period last year. The net profit is…
Seven BSE 150 MidCap stocks scaled fresh 52-week highs as Sensex surged 776 points in a broad-based rally. Lloyds Metals & Energy, Laurus Labs and Gujarat Fluorochemicals led the list, reflecting strong buying interest, positive momentum and improving investor confidence.