Cash heap spurs call for buybacks and dividends
Hindustan Times Mumbai|January 01, 2025
HCL, BHARAT ELECTRONICS, LTIMINDTREE, SIEMENS, AND SUN TV LEAD WITH ₹46,870 CRORE IN COMBINED CASH RESERVES
Jas Bardia & Varun Sood

BENGALURU: Companies worldwide are expected to spend 50% more on adopting generative AI (GenAI) technologies in 2025 compared to last year, according to a report from an American technology research and IT advisory firm.

This, even as analysts and management are divided on how the technology's rise will impact India's $254-billion IT services industry.

Two years after the launch of ChatGPT ushered GenAI into everyday discussions, US-based Information Services Group (ISG) in a September 2024 report said it expects companies globally to spend 6.5% of their total tech spending on GenAI in 2025.

MUMBAI: A bunch of top companies is hanging on to almost ₹1 trillion of free cash that it has yet to find a use for, according to an analysis done by a proxy advisory firm.

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Hindustan Times Mumbai

Move over Ricky Gervais! Nikki Glaser set to give Hollywood stars a rough time at Golden Globes

American stand-up comedian-actor Nikki Glaser, who is best known for her roasts, is all set to take the stage at the 2025 Golden Globe Awards and deliver a scathing opening monologue on Sunday.

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Hindustan Times Mumbai

Want to create music that resonates across generations: Zaeden on his 'superstar era'

From his early days as a DJ and record producer to becoming a singer-songwriter, Zaeden has consistently explored new sounds while staying connected to his roots. He muses, \"My goal has always been to create music that resonates across generations.\"

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Hindustan Times Mumbai

Would love to collaborate on an Indian film: Xiumin

Indian fans of South Korean singer-actor Xiumin were pleasantly surprised when he greeted them in Hindi with the words \"Meri aashiqui tum hi ho\" (a reference to a popular track from the 2013 film Aashiqui 2) at the K-Town Festival in Mumbai a couple of weeks back.

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Hindustan Times Mumbai

Prarambh 2025: Nurturing gen-next in music and fine arts

Arghya Indian Classical Music and Fine Arts Foundation, a platform for promoting Indian classical music and fine arts, is organising Prarambh 2025, a unique musical meet. Prarambh', which denotes 'beginning,' reflects the foundation's mission of nurturing the next generation of musicians and artistes.

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Hindustan Times Mumbai

MrBeast's partner 'wins' proposal

Popular American YouTuber Jimmy Donaldson aka MrBeast (26) is engaged to his girlfriend, South African content creator Thea Booysen (27).

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1 min  |
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Hindustan Times Mumbai

Diljit Meets PM Modi, Gets 2025's First Iconic Insta Collab

Actor-singer Diljit Dosanjh kick-started the new year with a \"memorable meeting\" with Prime Minister Narendra Modi in New Delhi on Wednesday.

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1 min  |
January 03, 2025
Hindustan Times Mumbai

Ice hockey in Ladakh, in times of an unwanted thaw

In the chilly winter of Ladakh, a game of ice hockey can feel like a warm hug. As the temperatures dip and the lakes freeze, the locals pour water to firm up the surface more and play on them.

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Hindustan Times Mumbai

Cummins Hints He May Skip Tour of Sri Lanka

Australia captain Pat Cummins hinted that he may skip the tour of Sri Lanka later this month to be present for the birth of his second child.

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Hindustan Times Mumbai

The transition is upon India: What will it lead to?

It's been coming for a while but now, it truly feels like the transition is upon us.

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Hindustan Times Mumbai

Decider: All to play for, but all not playing

While Australia have recovered from a poor start, it has been the opposite for India in the series so far

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