‘Stop putting AI everywhere’: Gurugram startup founder’s blunt take amid AI boom, say 90% founders don’t know what they are doing

‘Stop putting AI everywhere’: Gurugram startup founder’s blunt take amid AI boom, say 90% founders don’t know what they are doing

Synopsis Knot Dating CEO Jasveer Singh criticizes Indian founders for indiscriminately applying AI, stating many lack a grasp of the problem, user, or solution. He warns against ‘lazy thinking,’ where AI is a buzzword, not a tool. Singh emphasizes that AI’s success hinges on clear problem definition, strong data, and understanding real-world scenarios, urging a

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Equitas Small Finance Bank Q4 profit soars 5-fold on expansion, asset quality

Equitas Small Finance Bank Q4 profit soars 5-fold on expansion, asset quality

Synopsis Equitas Small Finance Bank’s net profit surged five times to Rs 213 crore in the fourth quarter. This growth was fueled by expanded business and better asset quality. Provisions also decreased significantly. The bank saw its net interest margin improve. Gross advances grew by 22 percent year-on-year. Non-performing assets reduced, and credit costs declined.

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