HDFC Bank faces potential selling pressure as its part-time Chairman, Atanu Chakraborty, resigned citing ethical concerns over recent bank practices. Keki Mistry has been appointed interim chairman. Chakraborty’s departure follows a period of significant events, including the merger with HDFC, which has yet to fully yield benefits.
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