CATEGORIES

Gift voucher: Clarity on GST spurs optimism

THE GST COUNCIL'S decision to exempt gift vouchers from indirect taxation has brought much-needed clarity to the retail and corporate sectors, with industry leaders lauding it as a significant step forward.

Coforge working on 30 GenAI use cases in insurance, 10 live

IT SERVICES COMPANY Coforge is actively working on over 30 generative AI (GenAI) use cases within its insurance vertical, with 10 already in production.

inDrive eyes last-mile delivery

● Plans to leverage logistics expertise

Happiest Minds sees slower FY25 revenue growth

HAPPIEST MINDS TECHNOLOGIES anticipates its revenue growth for fiscal 2025 to be at the lower end of the guided range of 30-35%, Venkatraman Narayanan, managing director and CFO of the company said.

Emerging tech sectors stake claim on 600 MHz spectrum

● Allocation should not be beyond a point, say telcos

Logistics leasing to hit 50 mn sq ft

DEMAND UPTICK

Exporters draw up plans to raise share in US market

STRATEGIC MOVE

Duty-free import of yellow peas till Feb

The Government on Tuesday extended duty-free import of yellow peas, used as a substitute for chana, for two more months till the end of February, with the aim to curb prices of the key pulses variety.

Laptop import nods may be tied to capacity growth

TO REDUCE IMPORT dependence and boost domestic manufacturing of laptops and other IT hardware items, the Union government may link import permissions to domestic capacity expansion going forward, it has been learnt.

Household liabilities rise to 6.4% of GDP in FY24

Net financial assets at 5.3%

Unincorporated sector generates 11 mn jobs

SMALL FIRMS MAKE BIG CONTRIBUTION

Mining sector gets a leg-up, import reliance down

INDIA'S MINING INDUSTRY took a long stride this year supported by government policies in the critical minerals mining as it intends to boost domestic production, reducing dependency on imports and helping in realising the renewable energy targets.

Rabi sowing a tad below last year's level; oilseed cultivation down 5.5%

WITH JUST A few weeks left for the rabi season to be over, sowing of winter crops such as wheat, pulses, oilseeds, and coarse cereals has been a tad below last year's level so far as the area under oilseeds have declined.

The year AI took centrestage

The debate if it is a blessing or a Frankenstein rages on

Shyam Benegal, pioneer of parallel cinema, dies

JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.

Honda, Nissan on merger road

SMALLER MITSUBISHI MOTORS, in which Nissan is top shareholder, was also considering joining and would make a decision by the end of January, the companies said.

Now, Musk wants you to pay 'X-tra' as premium plans

● Marks the largest price increase since acquisition

For IT firms, it's a mixed blessing

\"DESPITE CURRENCY PRESSURES, the sector's growth is underpinned by strong demand, particularly in cloud and AI-driven transformation projects,\" said an industry analyst.

Toyota-Suzuki pact should be the template in India

ANALYSTS SAID THAT for the Indian market, auto firms can't afford to be just in segments like petrol and diesel.

UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal

COMBINED COMPANY WILL SHED BETWEEN 5-7% OF ITS TOTAL WORKFORCE

Noel Tata: From shadows to spotlight

THE NEW CHAIRMAN of Tata Trusts, however, has done enough to remove the earlier perception of \"lack of exposure\".

US launches new probe into legacy Chinese chips

The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports

In a note to India, Bangladesh demands Hasina's extradition

● Dhaka insists on Hasina's trial, India declines comment

Govt schools can fail class 5, 8; no-detention policy ends

THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.

Emami: Operating margins to improve

● Bolt-on acquisitions to drive double-digit revenue growth

Awfis Space Solutions: Sustained growth outlook

35% CAGR in seat additions during FY24-27 projected

Siemens: Weak outlook on HVDC, Rlys

AT ITS Q4FY24 EARNINGS call, Siemens sought to tamper expectations on several fronts: (i) delays in large high voltage direct current (HVDC) orders, as India's preference for line-commutated converter (LCC) technology contrasts with Siemens' global focus on voltage source converter (VSC) technology; (ii) sluggish momentum in railway orders for locomotives and trainsets, with a potential higher allocation to Indian Railways factories; and (iii) muted performance in the LV business (smart infrastructure, including discoms capex and private capex in digital infrastructure).

Europe's hottest stock has an American architect

FORCED TO SEEK a government rescue barely a year ago, Siemens Energy was an unlikely candidate for Europe's best performing stock of 2024.

Merge to survive

Electric mobility is disrupting the global auto industry, forcing alliances and consolidation

Struggles with a consumer society

TIGHTENING GOVERNMENT CONTROL ON CHINESE SOCIETY IS AT ODDS WITH ITS GOAL OF RAISING CONSUMPTION