Ujjivan Small Finance Bank’s MD and CEO has resigned citing health reasons. The board accepted the early retirement and appointed Carol Furtado as interim head. The bank will now begin searching for a permanent successor to Nautiyal. Nautiyal ceased his role as MD and CEO from September 1. The bank’s share price saw a decline following this leadership change.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays