CATEGORIES

Smaller producers eye safer bets amid OTT cost-cutting

Smaller over-the-top content (OTT) creators are grappling with challenges due to cost-cutting measures across India’s OTT ecosystem, amid impending consolidations among streaming giants, besides global factors affecting profitability.

'Will be near insolvency if we've to pay Maran more'

Court says cannot compel Marans to accept the settlement in the form of equity shares

SMEs have shined since IPO, but experts advise caution

In the past year, SME IPOs have outperformed mainboard firms in listing gains and returns

JSW One to break even by FY26

The firm has enough cash to fund expansion for the next 24 months

Slowing revenue growth may disrupt HAL's flight path

Investors in Hindustan Aeronautics Ltd (HAL) are upbeat, given the government’s sharp focus on defence indigenization. On Monday, the HAL stock hit a new 52-week high of ₹2,167. The company is a key supplier of India’s military aircraft.

NMDC to bank on price hikes now

Investors in the NMDC Ltd stock have little to crib about. Its shares have gained nearly 39% in 2023 so far. The state-owned iron ore producer’s steady progress towards its volume target in FY24 has pleased investors.

'Gen AI focus tops 66% of Indian CEOs' plans'

American technology major Oracle has integrated artificial intelligence (AI) and machine learning across its entire product range. It is working on various generative AI services, spanning infrastructure to applications, seeking to assist organizations automate end-to-end business processes, improve decision-making, and enhance customer experience.

US envoy pitches for India-US talks on AI

US ambassador to India Eric Garcetti on Monday made a strong pitch for \"deeper conversations\" between New Delhi and Washington on a regulatory framework on artificial intelligence, saying it could be an example of \"multiplicative relationship\" between the two democracies.

After trade deal, India and Aus to boost economic ties

Key Indian exports to Australia include petroleum products, pharmaceuticals, iron, garments

Tale of two halves: Goldman sees GDP powered by govt, pvt sector

Investment bank and financial services major Goldman Sachs predicted a higher 6.5% growth in gross domestic product (GDP) in FY25, compared to a more sedate 6.2% in FY24. That is more or less in line with the trend that other agencies have also predicted.

Route to no OTP being developed

Cloud communications company Route Mobile Ltd is in discussions with large e-commerce and payment platforms to enable a solution that will authenticate financial transactions without the need for a one-time password (OTP), a top executive said.

Sebi moves SC over SAT order in Diageo's United Spirits buy

The Securities and Exchange Board of India (Sebi) has moved the Supreme Court (SC) challenging an appeals court verdict in British alcoholic beverage maker Diageo Plc’s 2012 acquisition of United Spirits Ltd (USL), a case that may determine the stock market regulator’s power to intervene in a takeover after the open offer has concluded.

Govt capex engines to fire on all cylinders in year of polls

India's public capital expenditure (capex) blitz will continue at full throttle even as some departments look poised to exhaust their budgets, two persons aware of the plan said.

Pulse mission to lift output, buffer soon

Nafed to encourage pulses farming, assure purchases in scheme

Instagram Reels Dominates Beauty Purchases In India

More than 80% of the surveyed consumers find beauty products online highlighting the impact of social media on beauty purchases in India. In fact, Meta’s Facebook and Instagram lead beauty product searches, as is reported by nine out of the 10 consumers surveyed by consumer research platform GWI.

Hunt Warns On Inflation Risk As UK Tax Cut Expectations Rise

Chancellor of the exchequer Jeremy Hunt pushed back on the prospect of imminent cuts to income tax or national insurance, following weekend reports that he's considering doing so in his Autumn Statement this week.

Hamas Battles Israeli Forces Amid Hopes Of Hostage Deal

Israeli airstrike on a house kills at least 11; WHO describes Al Shifa, Gaza’s biggest hospital, as a death zone’

Germany, France, Italy Reach Agreement On AI Regulation

France, Germany and Italy have reached an agreement on how artificial intelligence should be regulated, according to a joint paper seen by Reuters, which is expected to accelerate negotiations at the European level.

9-10% Hikes May Not Help Beat Inflation

At a time of rising costs, will a 9-10% salary hike help much? Perhaps not, cautioned consultants working on compensation across sectors. However, companies are striving to offer tax-saving benefits and reimbursements to help increase cash-in-hand for employees and help them make the best of increased salary packages.

Why a sense of humour is good for any company

In this excerpt from his new book Adman Madman’, Prahlad Kakar proves that too rigorous an approach sometimes leads to a brand's decline

Can AI help employees strike a better work-life balance?

While some firms are concerned about using Al with lack of regulation, studies show it saves workers a lot of time

A ritualistic risk dance begins as the political stakes start to rise

RBIs belated tightening of personal-loan rules suggests that regulatory checks remain tied to the Indian electoral calendar

How hapless investors made investment safer

Regulatory reforms in favour of investor safety were spurred by the plight of retail investors left in the lurch by Ponzi-like schemes run by Sahara Group under Subrata Roy 1948-2023)

SORRY, DATA ISN'T REALLY THE NEW OIL

The ability to derive significant monetizable insights by crunching big data is questionable

All-out efforts still on to rescue workers from collapsed tunnel

ONGC, SJVNL, RVNL along with Army and BRO in action to try different options

Dr Reddy's capex likely at ₹700 cr in H2: CMD Prasad

Hyderabad-based pharmaceutical company Dr Reddy’s Laboratories Ltd (DRL), will invest ab out ₹700 crore for capacity expansion during the second half of the fiscal, G. V. Prasad, co-chairman and managing director of DRL told Mint.

Subscriptions take off for audio streaming platforms

It may take a while for profitability to catch up, as more streaming platforms chase paid users

'Shell Mobility will focus on both legacy auto fuels, EVs'

The company plans to unveil a more efficient diesel option by the end of this fiscal year

Tata Group scouts for land to set up chip assembly unit

Tata Group is looking for land to set up a semiconductor chip assembly, testing, monitoring and packing (ATMP) unit as part of its initial efforts to develop a local manufacturing ecosystem, according to three people aware of the group’s plans.

Offline beats online retail in consumer electronics sales

Brick and mortar retailers, who run multi-brand, multi-category consumer electronics stores across the country, are set to outperform online sellers this year—even as overall consumer demand remains low. For smartphones, industry estimates peg sales from physical retailers to grow in low- to mid-single digit year-on-year (y-o-y), while online sales are seen either flat or showing a single-digit fall for 2023.