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News
SoftBank Shares Sink 13% on AI Safety and IPO Delays
6+ hour, 32+ min ago (267+ words) Whalesbook SoftBank Group shares dropped 13% on Monday, marking a sharp reversal in sentiment for the technology investment firm The decline follows growing market anxiety regarding the future of artificial intelligence development and the companyâs ability to generate quick returns…...
Insight Partners’ Deven Parekh Warns VCs Over AI Over-Concentration
12+ hour, 28+ min ago (304+ words) Whalesbook The venture capital industry is currently in a race to fund major AI laboratories, but the strategy is facing fresh scrutiny Deven Parekh, a Managing Director at Insight Partners, has raised concerns about the growing trend of committing a…...
Global Fintech Fest 2026 Signals Shift Toward Regulatory Rigor
20+ hour, 37+ min ago (330+ words) Whalesbook The 7th Global Fintech Fest (GFF) 2026, held in Mumbai from September 8 to 11, served as a major indicator of the current state of Indiaâs digital finance sector With over 100,000 attendees and participation from 8,500 institutions, the event highlighted a maturing industry…...
Indian Family Offices Fill Critical Green Energy Funding Gap
23+ hour, 10+ min ago (317+ words) Whalesbook Indiaâs ambitious goal to reach net-zero carbon emissions by 2070 faces a significant financial challenge The country requires an estimated $500 billion annually to fund the transition, yet recent data shows that actual investments in 2024 hovered near $135 billion This leaves…...
PwC India, US Form $2 Billion Consulting Joint Venture
1+ day, 57+ min ago (303+ words) Whalesbook PwC India and PwC US have announced a strategic joint venture that will merge the local firmâs consulting operations with the US networkâs India-based acceleration centers This new entity, expected to be valued at approximately $2 billion at launch,…...
ITC Eyes ₹20,000 Crore Revenue Target for Aashirvaad Brand
1+ day, 2+ hour ago (292+ words) Whalesbook ITC Limited has set an ambitious target for its flagship food brand, Aashirvaad, aiming to reach â¹20,000 crore in annual consumer spending within the next five years This plan marks a significant strategic shift for the company, which is…...
Foreign Investors Pull $25 Billion from India in 2026 Amid AI Trade Pivot
1+ day, 8+ hour ago (244+ words) Whalesbook Indian stock markets are currently navigating a significant tug-of-war between foreign and domestic investors So far in 2026, foreign institutional investors have withdrawn approximately $25 billion from Indian equities This trend has pushed foreign ownership of companies listed on the National…...
Anthropic CEO Calls For AI Slowdown Amid IPO Prep
1+ day, 14+ hour ago (246+ words) Whalesbook Dario Amodei, the CEO of Anthropic, has officially called for a deceleration in the development of artificial intelligence In a move that has drawn attention from across the technology sector, Amodei warned that current AI systems could reach uncontrollable…...
Mbodi Teams With ABB Robotics To Simplify Factory Automation With AI
3+ day, 13+ hour ago (290+ words) Whalesbook The industrial robotics sector is seeing a shift as startup Mbodi AI partners with global giant ABB Robotics to change how robots are programmed Mbodiâs technology allows factory robots to learn tasks through natural language, voice input, and…...
Smartphone Banking Vision Faces Sharp Retail Sales Slump
3+ day, 16+ hour ago (285+ words) Whalesbook Union Communications Minister Jyotiraditya Scindia has proposed a digital-first future for India, where smartphones and telecom networks replace traditional bank branches The governmentâs vision relies on cheap mobile data to turn phones into gateways for credit, investment, and…...