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92% of knowledge workers in India use AI at work as compared to the global figure of 75%.

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92% of knowledge workers in India use AI at work as compared to the global figure of 75%.

Notably, 72% of AI employees are proactively bringing their own AI solutions to work, rather than relying solely on company-provided resources to enhance productivity. In comparison, the global average for AI workers embracing Bring Your Own Artificial Intelligence (BYOAI) stands at 78%.   ‘72% Indian AI users bringing their own AI tools to work’  “While … Read more

ICICI Securities wants to delist. Why are mutual funds buying its shares?

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ICICI Securities wants to delist. Why are mutual funds buying its shares?

Interestingly, these funds bought ICICI Securities shares at a premium to the value of ICICI Bank shares they will get in exchange, if the delisting of ICICI Securities goes through. For every 100 shares of ICICI Securities, shareholders will get 67 shares of ICICI Bank, translating to a share swap ratio of 0.67. However, throughout … Read more