Rising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Despite aggressive spending, monetisation remains uncertain, prompting concerns over profitability. Analysts warn the AI sector may resemble capital-intensive industries, even as competition intensifies and early signs of financial strain emerge.
Sebi approves 3 IPOs of Cosmic PV, Monomark, RKB Global along with NSE
SEBI has approved IPOs for Cosmic PV Power, Monomark Engineering, and RKB Global, alongside the National Stock Exchange’s major public offer. These approvals highlight a
September 4, 2026