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IN PSU BANKS, A RISE OF HASHTAG ACTIVISM
Frustrated with the older trade unions, some bankers have started amassing support on social media
An executive bought a rival's stock. Insider trading, says SEC
Defense lawyers say the case is the first to involve \"shadow insider trading\"
RBI bolsters fintech scrutiny with more inspections
The RBI's moves come as financial regulators in other markets, including China, crack down on rule violations
Indian advertisers to adopt new consumer classification system
The Market Research Society of India (MRSI) has announced the T implementation of its latest socio-economic classification (SEC) system. Called ISEC, the new system is in line with the changing contours of the Indian household, which is more educated and has greater female participation in the workforce, the MRSI said on Wednesday.
Rentomojo secures ₹210 crore funding led by Edelweiss
The latest round of funding will help the company strengthen its balance sheet and expand its business
Amazon is joining the Dow Jones Industrial Average
Amazon.com is officially joining the blue chips. The online retail powerhouse will be included in the venerable Dow Jones Industrial Average at the start of trading Monday, replacing Walgreens Boots Alliance.
Two-wheeler cos go on a joy ride
The automobile industry played a pivotal role in boosting overall corporate earnings growth during the December quarter (Q3FY24), with most automakers experiencing a year-on-year increase in sales volumes last quarter, positively impacting their revenue performance.
RIL-backed AI service in Mar
The model will work in 11 local languages in four fields: healthcare, governance, financial services and education
UiPath's Dines eyes next leap in AI: Human-like reasoning
Generative artificial intelligence (GenAI) models can increase business productivity manifold, but the world will need a bigger breakthrough for these models to develop human-like reasoning capability, UiPath co-founder Daniel Dines, who stepped down as co-chief executive to take over as chief innovation officer (CIO) of the enterprise automation software company, said in an interview on his visit to Bengaluru for the inauguration of its first office outside Romania. Daniel also shared his views on how robotic process automation (RPA) is used with GenAI to enhance customer experience. Edited excerpts:
CCI rolls out new regime to nudge cartel members to come clean
The govt introduced the regime, as cartels are among the worst forms of anti-competitive practices
Asthma drug sales spike in Jan
Other leading sales at pharmacies were for cardiac drugs, anti-infection and gastrointestinal medicines
Relief for biz as bankruptcy cases by vendors decline
Bankruptcy cases initiated by operational creditors drop; those by financial creditors rise
Politics takes a fancy to digital influencers
When PM Modi completed nine years in office, the BJP gathered around 500 social media influencers for a celebration
iBus to get $200 mn from NIIF
Once concluded, this will be the Master Fund's second investment in digital infrastructure
My11Circle is IPL official partner
Fantasy gaming app My11Circle on Wednesday won the race to be an official partner of the Indian Premier League (IPL), bidding ₹125 crore per year for a period of five years.
'Willing to bear any fert subsidy cost'
Union chemicals and fertilizer minister Mansukh Mandaviya on Wednesday said the Centre is willing to spend whatever is required on fertilizer subsidy to protect farmers' interests. This comes at a time when thousands of farmers from Punjab are marching towards the national capital to press the government to accept their demands, including a legal guarantee on the minimum support price (MSP) for 23 crops.
Stock Markets Keep Bull Run On For Day 6
Benchmark Sensex spurted by 349 points while Nifty scaled a fresh lifetime high on the sixth straight day of gains on February 20, driven by buying in banking and select FMCG shares.
Hotel Margins To Sustain Amid Rising Costs In FY25: ICRA
Icra anticipates a slowdown in revenue growth to 7-9% in FY25, following a strong 14-16% growth in FY24
Can Dara Fix Uber's Rickety Ride In India?
The CEO of Uber has big plans for India. But competition and tighter regulations may spoil the pitch
Data Show Economy Is Booming. Wall Street Thinks Otherwise
Recent CPI and producer-price index reports both pointed to an unexpected increase in price pressures in Jan
We need to forge our own paths for a sensible energy transition
Developing countries taking climate action should watch out for the costs that a rushed transition to renewables may impose
India Inc must get more competitive on growth
A McKinsey study spotlights the growth imperative: businesses must compete on this score within their industry, not just aim to outpace GDP. It's what competitive markets demand
Farmers resume 'Delhi Chalo', Munda urges peace
Farmers reject Centre's proposal to buy pulses, maize and cotton crops at MSP
Megaprojects in the desert sap Saudi Arabia's cash
Saudi's sovereign-wealth fund last month said its cash levels as of September had fallen by nearly 3/4th
Creative professionals bullish on OpenAI Sora amid IP woes
Sora is not the absolute first of its kind, and faces competition from the likes of Runway, and Synthesia
'India's AI market to reach $17 bn by 2027'
Growth will be fuelled by higher enterprise tech spending, AI talent base
Pocket FM to invest $40 mn in Pocket Novel, expand reading library
Audio series platform Pocket FM will invest $40 million in its online reading service Pocket Novel to enhance the latter's presence in the literary landscape and develop intellectual properties over the next year, said Rohan Nayak, co-founder and CEO, Pocket Novel.
Bigbasket quickens slotted deliveries to within 2 hours
One-hour delivery likely to be introduced in a few months, says company CEO Hari Menon
Proof needed Greenwashing: for claims, say draft norms
All green claims made by a person or an organization must be supported by verifiable evidence, according to new draft guidelines released on Tuesday for preventing greenwashing.
Laptop, tablet shipments fall
Shipments of laptops, desktops and tablets declined in India in 2023, hurt mainly by slow commercial deals from companies and lack of government contracts.