The Economic Times

Uday Kotaks AI-wake up call: As IPL ends, Asia's richest banker says 'time for India to focus on business' after Googles $80 billion raise

Veteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 billion capital raise. He highlighted that global tech giants are aggressively reinvesting despite strong profits, a stark contrast to India's restrained long-term innovation spending. Kotak called for a renewed focus on business and competitiveness.