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Brace for a brave world: Artificial intelligence vs. human stupidity

One hopes that artificial intelligence will overcome human stupidity but it won't get that chance if we destroy ourselves first

Global geopolitics must not turn unfavourable

India's stake in a stable West Asia is high and our long-term scenario planners must note the risk of US actions that might make Pax Americana' easier for a new rival to overthrow

Health plans: Is it wise to opt for monthly payments?

Many youngsters are opting for monthly or quarterly premium payments, but risks abound

INSIDE BANKS OF THE FUTURE, RUN BY BOTS

Indian banks are using AI to reduce costs and risks. And GenAI pilots are showing promise

UK FTA: India sets its sights on mobility, toasts scotch import

The fourteenth and last round of talks between the two countries is underway

Biggest US bank is growing the old-fashioned way: Branches

Banking has gone digital, but JPMorgan is building bricks-and-mortar branches

Hotels add record rooms, challenge now to fill them

Overall occupancy rate in organized hotels industry improved to 63.6% last year

Godrej Properties hopes to beat sales guidance for FY24

The firm has already clocked ₹13,008 crore of sales bookings between April and December in FY24

Need stable GST regime for EVs: Merc

The government should commit to a 5% GST rate on EVs till 2030, said Mercedes-Benz India's Santosh Iyer

EV co Switch may raise external funds in FY25

Parent Ashok Leyland has committed to invest ₹1,200 cr in the company

Sharma meets Sitharaman, RBI officials

Paytm founder Vijay Shekhar Sharma on Tuesday met finance minister Nirmala Sitharaman, days after the Reserve Bank of India (RBI) barred Paytm Payments Bank from accepting fresh deposits starting March due to serious regulatory violations, two people with direct knowledge of the matter told Mint.

Sanghi cement plans get proxy thumbs-up

InGovern said the deal would allow higher capacity utilization for Sanghi

HDFC Bank gets RBI nod to buy 9.5% stake each in six banks

India's biggest private lender by market capitalisation, HDFC Bank, said on Tuesday it has received approval from the Reserve Bank of India (RBI) to acquire up to a 9.5% stake each in six private lenders.

Three IPOs on Wed, aim to raise ₹1,700cr

The IPO lane is getting busy with three entities - Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance Bank-set to float their maiden public issues on Wednesday to collectively mobilize around ₹1,700 crore.

Ashok Leyland margin is robust

For Ashok Leyland, the financial year 2024 is mainly about the stellar margin performance. For the second consecutive quarter, the commercial vehicle manufacturer has clocked a sequential improvement in Ebitda margin.

Gaming deals up in '24: Lumikai's Sehgal

The gaming sector is poised to attract more investor attention in 2024, leveraging the burgeoning India consumer narrative, according to a top executive at Lumikai, a venture capital (VC) fund dedicated to gaming.

Cred enters wealth management via Kuvera

Once the deal goes through, Kuvera's team and products will continue to operate independently

'India is top growth market in this region'

Five years ago, Teleperformance, a French outsourcing company, acquired Mumbai-based BPO firm Intelenet from private equity firm Blackstone to expand its operations in India. Daniel Julien, Teleperformance’s founder and CEO, now considers India as its top growth market having expanded the company’s operations in Gurugram, Mohali, and Hyderabad.

Govt's earnings surge: ₹25,000 cr from STT as stock market hits highs

In a year investors flooded into the stock market and the benchmark indices touched new highs, the government earned 25% more from the tax on selling listed securities, a top official said.

Bulk of capex to meet energy needs: PM

He urged industry leaders to help steer the nation to a future that is both prosperous and sustainable

'RBI expected to clarify on Paytm Payments Bank issue'

Start-ups should realize that the law needs to be followed as they grow: financial services secy

Why the FAA still can't fix Boeing

Boeing has said it would have to rework 50 737 MAX jets because of newly discovered misdrilled holes

New SaaS firms pitch India base

The rise in digitization and hybrid work models has bolstered growth in the SaaS ecosystem

Brisk hiring at IIMS, startups go missing

Consulting companies remain the top draw despite their lesser than usual hiring mandates

Retail stock investors made most of market surge

Retail investors who invest directly in stocks, as opposed to investing through mutual funds, appear to have come of age if their transactions on the secondary market are anything to go by. Market experts say retail investors have in recent times tended to sell at highs and buy at lower levels, a reversal of their past behaviour.

ChrysCap, Carlyle, General Atlantic circle Healthium

Leading investors, including General Atlantic, ChrysCapital and Carlyle, are looking to acquire medical sutures maker Healthium Medtech Ltd, three people aware of the development said.

FMCG sector stares at bleak year ahead

NielsenIQ predicts sales moderating after two strong years

PM Sure Of Poll Win, Vows India Will Be Third Largest Economy

Estimates NDA winning more than 400 seats, with BJP bagging at least 370

RBI Could Signal Scope For Rate Cuts In 2024-25

An early policy pivot is unlikely under near-term price pressures, but a shift in policy stance could set the stage for rate cuts next year-ideally in sync with a private investment revival

Meta Has Finally Figured Out How To Sell The Metaverse

The last time Mark Zuckerberg signaled plans to open his wallet, his shareholders bailed. What a difference two years makes.