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.

MUMBAI: Billionaire banker-entrepreneur Uday Kotak on Tuesday prodded India Inc to invest for India's future. Kotak's warning came as the country is being looked at as a laggard…

Uday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that other distractions have concluded. This…

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…

Banking doyen Uday Kotak has urged Indian companies to invest in the future, calling Alphabet's $80 billion fundraise a wake-up call. He emphasized shifting focus back to business…