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Updated: 31 min 36 sec ago

Companies expected to dole out 10% average salary hike this year: Survey

Tue, 02/27/2024 - 12:46
In 2023, the average salary hike was 9.5 per cent, according to consultancy firm Mercer's Total Remuneration Survey (TRS) released on Tuesday

Logistics firm Shadowfax raises $100 million in TPG-led funding round

Tue, 02/27/2024 - 12:39
The company declined to disclose the valuation at which it raised the funds. It was last valued at $632 million, as of April 2022, per data from investment tracker Tracxn

Godrej Appliances expects 20% growth in AC, refrigerator sales this summer

Tue, 02/27/2024 - 12:35
The city-based company is the fourth largest air conditioner brand with 0.7 million units sales and the fifth when it comes to refrigerators with 1.8 million sales in the country

Maruti Suzuki, Union Bank of India partner for dealer financing solutions

Tue, 02/27/2024 - 11:15
The tie-up enhances the comprehensive inventory funding options for over 4,000 Maruti Suzuki sales outlets across the country, the auto major said in a statement

FM Sitharaman confident of India Inc aligning to nation's development goals

Tue, 02/27/2024 - 10:28
Sitharaman said Prime Minister Narendra Modi has clearly indicated that the goal of Viksit Bharat is to be attained to provide the future generations a better India

Puma expects weaker first half due to 'challenging' market conditions

Tue, 02/27/2024 - 10:14
Sportswear companies including Adidas, Nike, and Puma, have seen demand weaken as customers battling with inflation cut spending on non-essential goods

'Sitting with eyes closed': SC rebukes Centre over misleading Patanjali ads

Tue, 02/27/2024 - 10:13
The Supreme Court had warned Patanjali Ayurved against disseminating 'false' and 'misleading' claims in its advertisements

Corporate affairs ministry probing Chinese cos linked to mobile loan apps

Tue, 02/27/2024 - 10:05
The senior official told PTI that enquiries by the ministry are going on against various Chinese companies, especially those linked to loan apps, and some of the enquiries are at an advanced stage

Sebi asks small, mid-cap funds to disclose more information about risks

Tue, 02/27/2024 - 10:04
Heavy inflows have sent the Nifty small cap 250 index surging 71% over the past 52 weeks and lifted the Nifty mid cap 100 index 64%. That far exceeds the benchmark Nifty's 28% rise

Digital infrastructure is a modern day factor of production: FM Sitharaman

Tue, 02/27/2024 - 10:01
Sitharaman was speaking at the National Conclave on Viksit Bharat 2047 organised by the Federation of Indian Chambers of Commerce and Industry (FICCI)

Why did Google face backlash against Gemini AI in India and the world?

Tue, 02/27/2024 - 08:15
Currently suspended, the image generation capability on Gemini is poised to make a return in the forthcoming weeks. Here is an analysis regarding shortcomings of Gemini and Google's subsequent actions

PM Modi reveals names of four astronaut-designates for Gaganyaan mission

Tue, 02/27/2024 - 07:21
Modi bestowed the 'astronaut wings' to the astronaut-designates and also reviewed the progress of the Gaganyaan mission

Jana Small Finance Bank gets RBI nod to re-appoint Ajay Kanwal as MD & CEO

Tue, 02/27/2024 - 06:41
On February 14, Bengaluru-based Jana Small Finance Bank was listed at a 4 per cent discount of its initial public offering price

India closes in on trade deal with Oman as Mideast ties strengthen

Tue, 02/27/2024 - 06:31
The two sides started talks on the trade pact just three months ago, and their haste in completing the deal shows Prime Minister Modi's determination in building stronger links with the Middle East

NCLT approves Hinduja firm IndusInd's resolution plan for Reliance Capital

Tue, 02/27/2024 - 06:05
The Mumbai bench of the NCLT approved the plan submitted by IIHL (IndusInd International Holdings Limited) in June 2023 in the second round of bidding for the debt-laden company

94% of Indian companies to reskill employees due to impact of AI: LinkedIn

Tue, 02/27/2024 - 05:28
The LinkedIn report also highlights that 48 per cent of India's hiring managers are providing career progression opportunities to their existing employees

Stock Market LIVE: Sensex flat, Nifty holds 22,100; TCS, Power Grid shine

Tue, 02/27/2024 - 04:22
Stock market Update on Tuesday, February 27: In the broader market, the BSE MidCap and SmallCap indices however were seen holding gains up to 0.3 per cent.

Here's how Centre is gearing up BSNL to compete with private telecom peers

Tue, 02/27/2024 - 04:21
The measures include network upgradation, employee cost rationalisation and a proposal to provide more value-added services

Online travel firm Expedia to eliminate 1,500 jobs as its growth moderates

Tue, 02/27/2024 - 02:01
The company and its online travel peers such as Airbnb Inc. and Booking Holdings are contending with moderating travel growth

Zee saga: Sony's spurned target shows pitfalls of tempting Indian M&A

Tue, 02/27/2024 - 01:22
To foreign investors, the Sony-Zee saga is a reminder of the need to approach Indian deals with an abundance of caution

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