CATEGORIES

'GenAI giving 30-40% productivity gains

For Dinesh Nirmal (pictured), who heads IBM Software, one of his mandates is to integrate generative artificial intelligence (GenAI) into all products IBM builds and leverage it to enhance developer productivity across global labs.

TaMo, M&M cut prices to spur demand

Automobile majors Tata Motors and Mahindra & Mahindra (M&M) have slashed the prices of their popular vehicles in a bid to stimulate demand, at a time when car sales are experiencing a challenging phase with around ₹60,000 crore worth of inventory lying unsold with dealers.

Cognizant settles CFO lawsuit with Wipro

Nasdaq-listed IT services major Cognizant on Tuesday said the firm's Chief Financial Officer (CFO) Jatin Dalal (pictured) had reached a settlement in the \"non-compete\" lawsuit filed by Wipro.

Salaried execs drive up sales of pre-owned cars

The demand for pre-owned cars surged in Q2 of 2024 (April to June) as nearly half (48.5 per cent) of salaried professionals celebrated their promotions and bonuses with these car purchases, a report by CARS24, an auto-tech company, said.

Honda 2W share rises after on-board norms compliance

Sales gap with Hero narrows to 45,000 units in June

Hybrids at present emit less carbon than battery-powered electric cars'

Against the backdrop of the ministry of heavy industries (MHI) setting up a task force to design a road map for the country's electric vehicles and amid states such as Uttar Pradesh exempting registration fee for hybrid cars, RC BHARGAVA, chairman of Maruti Suzuki, in a telephonic interview with Surajeet Das Gupta, talks on the battle between electric and other alternative technologies to reduce carbon emissions. Edited excerpts:

F&O expert group meets Monday for industry proposals

An expert panel set up by the Securities and Exchange Board of India (Sebi) to review norms for the flourishing equity derivatives segment will meet on July 15 to take on board suggestions by various market participants, said sources.

Budget may go vocal for higher local procurement

Greater local content norms may kick in first in steel, chemicals, pharma sectors

RBI flags 'lakhs' of accounts used for fraud, evergreening

The Reserve Bank of India (RBI) is alarmed that some banks have \"lakhs\" of accounts that are being used for fraudulent transactions and evergreening loans.

India, Russia target $100 billion trade by 2030, FTA with EAEU

India and Russia are looking to raise bilateral trade to $100 billion by 2030, balance the lopsided trade, eliminate non-tariff trade barriers, and explore the possibility of a Eurasian Economic Union (EAEU)-India Free Trade Area.

I Am Not Going Anywhere, Biden Tells Democrats

US President Joe Biden vowed to stay in the presidential race on Monday, saying he is confident the average voter still wants him on the Democratic ticket.

51 flights cancelled, train services hit in Mumbai

City records heaviest single-day July rainfall since 2019

Retest if leak widespread: SC

Make full paper leak disclosure by July 11, apex court directs National Testing Agency

COMING CLEAN ON NEET

As the Supreme Court begins to hear petitions on NEET-UG, here is a look at the ecosystem it has spawned, and the controversy

Adoption worry looms for Bajaj Auto CNG bike

Gas infra needs to be ramped up for wider acceptance: Analysts

Downgrades may keep Titan under pressure

Titan Company released a disappointing pre-quarter Q1FY25 business update which has led to downgrades.

Valuations frothy? Profit, mcap moved in sync in 5 yrs

As benchmark indices continue to reach new highs almost every other day, a heated debate rages on: Have stocks outpaced their fundamentals, and can earnings keep up with these valuations? Only time will tell if the earnings growth potential justifies the Nifty 50's current valuation, which hovers at nearly 25 times its FY24 earnings.

85% of SMID stocks on bull run: Trend or blip?

After a brief lull in February and March due to the Securities and Exchange Board of India's directive for asset management companies to conduct stress tests, small and midcap (SMID) stocks have surged.

MFs ride high: NFOs pick up on market rally, economic hope

29 launches since June 1, nearly half of previous five months' total

The Nagarwala scandal, unreconstructed

On24 May 1971, Ved Prakash Malhotra, then the chief cashier at the Parliament Street, New Delhi, branch of State Bank of India, took out ₹60 lakh from the cash vault to deliver it to a courier on the basis of what he claimed were instructions from the then Prime Minister of India, Indira Gandhi and her secretary, PN Haksar.

French revolution

Hung Parliament points to turmoil ahead

Empowering consumers

The proposed food regulation will help them

Data analysis and GST policy

Data, it is said, is the new oil.

MNC selldowns

As multinational corporations capitalise on India's valuation premium, there are reasons for caution as well

'Get Britain building again': Reeves unveils Labour govt's growth plan

Chancellor of the Exchequer Rachel Reeves, in her first major speech on Monday, vowed to \"get Britain building again,\" as she unveiled a slew of planning reforms including restoring mandatory local housing targets ditched by the previous Conservative government and ending an effective ban on onshore wind farms.

Xi urges world powers to facilitate Russia-Ukraine direct dialogue

Chinese President Xi Jinping called on world powers to help Russia and Ukraine resume direct dialogue during a meeting on Monday with Hungary's Prime Minister Viktor Orban, state broadcaster CCTV reported.

THOUSANDS OF SAMSUNG WORKERS WALK OUT IN HISTORIC STRIKE

Thousands of Samsung Electronics workers walked off the job Monday to stage a rally demanding better pay, beginning the biggest organized labor action in the South Korean conglomerate's half-century history.

Boeing to plead guilty to criminal fraud charge

Boeing will plead guilty to a criminal fraud charge stemming from two crashes of 737 Max jetliners that killed 346 people after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the Justice Department said Sunday night.

France in turmoil: Left, Far-Right, and Centre

LEFT-WING BLOC COMES FIRST BUT NO MAJORITY IN PARLIAMENT | ATTAL TO STAY PM FOR NOW TO ENSURE COUNTRY'S STABILITY

Remittances below $25K also need Form A2 now

I have been making outward remittances to my son studying abroad for his maintenance through my bank.