Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
In India 24-carat gold is used mostly in coins and bars
GSLV-MK III, which uses a homegrown cryogenic engine, has to do at least two more launches before it begins commercial operations, report Raghu Krishnan and T E Narasimhan.
The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.
Customer insight drives the online fashion retailer to launch 'mood' stores, rethink the way it sells its wares.
The firm has raised $204 million from nine investors such as Sequoia Capital, Light Speed Ventures, and Aarin Capital, and hopes to hit the $ 1 billion valuation mark this year.
Microsoft Research India's MD Sriram Rajamani tells Alnoor Peermohamed & Raghu Krishnan how India can reap the benefits of the changing industry.
Amidst fear of layoffs across many IT companies, Saurabh Govil, bottom left, head of Wipro's Human resources, explains who are the affected lot and why it is essential to re-skill for employees in this sector.
"The government feels the industry needs some government oversight and can't be left unregulated. A panel of bureaucrats will soon submit their recommendations on the subject," said an official.
BIS proposes compulsory registration for selling hallmarked jewellery. This will kill business of online sales as BIS registration is given only to physical premises.
"Protectionism is not new. The attention that is given is because there is a political and emotional element to it." TCS COO N G Subramaniam on why his company is optimistic despite global headwinds.
The search giant's music streaming service in India is priced a third lower than the iPhone maker's subscription fee.
Government allows duty-free import of 500,000 tonnes raw sugar till June 12. At present, India levies an import duty of 40% on sugar
Hearing from Apr 18 by five-judge SC bench against WhatsApp, FB move; Centre, Trai also summoned
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
Raghu Krishnan profiles the man in the eye of the storm at Infosys.
Retail jewellers may be exempted as customers are allowed to buy jewellery up to Rs 200,000 in cash
JD(S) will help them build a competing app, which, will work on a cooperative model, where drivers will own the app and will decide prices which the customers will have to pay
'We need to see how quickly the industry comes out of the impact of the note ban.'