27 C Science/Tech / Bloomberg Quint
As part of this initiative, Cognizant is partnering with Workfabric AI, the company building the context engine for enterprise AI.
SEBI is advising merchant bankers and anchor investors to adopt realistic and conservative valuations in IPOs to avoid post-listing price erosion that could dent retail investor confidence.
Puneet Chandok, President, Microsoft India and South Asia, noted that India is firmly in its AI-first era, with AI agility accelerating at an unprecedented pace.
The proposals follow recommendations from Sebi's Alternative Investment Policy Advisory Committee and the Ease of Doing Business Working Group.
SEBI's latest move is expected to simplify the distributor compensation process while maintaining transparency in the mutual fund ecosystem.