HDFC Bank chairman Atanu Chakraborty has resigned from the board. He cited practices within the bank that did not align with his personal values and ethics. Keki Mistry has been appointed interim chairman for three months. Chakraborty’s tenure saw the significant merger of HDFC Bank with HDFC. His departure raises investor concerns for the systemically important lender.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while