Bajaj Fin aims to double productivity with AI – Times of India

MUMBAI: Through its AI initiative – FinAI, a key pillar of Bajaj Finance 3.0 – the company aims to triple lead conversion rates, double back-office productivity, and boost front-line performance by 1.5 times. The company’s AI-driven transformation will integrate with its existing cloud and digital infrastructure, said Rajeev Jain, managing director of Bajaj Finance. “We’ve…

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Bajaj Housing Finance’s stellar stock market debut: Shares listed at 114% premium over IPO price – Times of India

NEW DELHI: Bajaj Housing Finance shares debuted at over double the offer price in pre-open trade on Monday as investors bet on strong growth in a booming home loan market.The housing finance company commenced trading on the stock exchanges with an impressive 114% premium. The company’s shares opened at Rs 150 on both the Bombay…

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Markets snap five-day rally; Sensex tumbles over 600 pts – Times of India

MUMBAI: Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets.Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.Profit-taking also came into play as…

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