Banks are witnessing a surge in hiring for sales staff in secured segments such as home, vehicle and gold loans as compared to the recovery category, driven by a boost in business growth, and a host of regulatory measures aimed at improving ease of doing business, according to industry experts.
India's corporate bond market, driven by public sector undertaking (PSU) banks and financial institutions last year, is losing momentum since the second quarter of FY26.
'India needs at least 70,000 to 80,000 eyewear stores; our 2,000 stores are just a drop in the ocean.'
The festival's People's Choice Award, voted by the audience, is a strong indication of films that can eventually be nominated and even win Oscars. Twelve of the last 15 People's Choice winners have received Best Picture Oscar nominations.
US President Donald Trump's announcement of 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty, is expected to impact Apple's plans to expand iPhone manufacturing in India as well as export of other electronics to the US. The move comes at a time when Indian electronics production is reeling under pressure due to restrictions imposed by China on supply of several critical components, capital goods and even skilled technology professionals.
Streamlining enterprise data, having an AI policy, reskilling people, and cultural transformation have been cited by experts as key.
Shipments of personal computers grew 3.8 per cent on a year-on-year basis to 14.4 million driven by demand for gaming and AI-powered PCs, market research firm IDC said on Monday. IDC India, South Asia and ANZ, associate vice president for devices research, Navkendar Singh said the weakening rupee can lead to an increase in device costs, which can impact the price-sensitive SMB (small and medium businesses) and consumer segments but despite all challenges, the India PC market is most likely to witness a low single-digit growth in 2025.
Pay cuts for employees with fixed compensation of up to Rs 8 lakh have been reversed from August 1, while the rest will see restoration in a phased manner from October 2020.
Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?
The Indian PC market grew by 17.8 per cent in shipment to 3.7 million units in the April-June 2022 quarter, International Data Corporation (IDC) said in a report on Thursday. The PC market includes desktops, notebooks and workstations.The notebook category continued to be the volume driver, with the shipment of 2.6 million units in the June 2022 quarter. However, its growth rate reduced to 7.3 per cent compared to over 30 per cent on average for the last three quarters.
India's traditional PC market, inclusive of desktops, notebooks, and workstations declined by 11.7 per cent year-on-year (YoY) in Q3CY22 (Jul-Sep) after 8 consecutive quarters of growth despite strong shipments of 3.9 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. All segments declined except the government, which grew by 91.5 per cent YoY on the back of government orders, leading to strong growth in the third consecutive quarter. While the desktop and workstation categories grew by 23.4 per cent and 17.6 per cent YoY respectively, the notebook category declined by 19.5 per cent YoY.
Security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic with the cost of data breaches to Indian organisations rising close to 18 per cent to Rs 16.5 crore on an average between May 2020 and March 2021, according to a report by IBM. The study pointed towards similar trends in other parts of the world with data breaches costing surveyed companies $4.24 million per incident on an average - the highest in the report's 17-year history.
Tech giant IBM on Tuesday said it has received 9,130 US patents in 2020 - topping the US Patent List for the 28th consecutive year - with India being the second-highest contributor. "IBM scientists and researchers received 9,130 US patents in 2020, the most of any company, marking 28 consecutive years of IBM patent leadership. "IBM led the industry in the number of artificial intelligence (AI), cloud, quantum computing and security-related patents granted," IBM said in a statement. For the fourth year in a row, IBM India was the second highest contributor to IBM's global tally with 930 patents granted to inventors from India in 2020.
'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'
Uber on Tuesday said it is laying off about 600 employees in India -- about a quarter of its staff in the country -- as business has taken a major hit amid the COVID-19 pandemic. The development comes days after rival Ola had announced laying off 1,400 people from its rides, financial services and food business.
The new Centre of Excellence at the India Software Lab will offer solutions to organisations across India, South Asia and Asia Pacific.
It's been just nine months since the Securities and Exchange Board of India (Sebi) gave its nod to mobile trading. But the trend has caught up with trades through uniform resource locator (URL)- and wireless application protocol-based systems.
The rankings are based on 10 indicators of business regulation that track the time and cost to meet government requirements in business start-up,operation, trade, taxation, and closure.
Seeking to give a new dimension to bilateral ties, Prime Minister Manmohan Singh Tuesday said "a strong and prosperous" Bangladesh is in the interest of India and the region.
Artificially intelligent smartphones will be able to offer solutions and suggestions based on user behaviour.
'In the next five years both online and TV viewership will grow and complement each other.'
The application makes it easy for IBM partners and clients like Polaris to build an entirely new class of cloud-based social business apps.
"The patriotism of Indian Muslims cannot be questioned." "Al Qaeda is delusional to think Indian Muslims will dance to its tunes." "I am confident thatIndia and US can develop genuine strategic alliance." Days ahead of his historic visit to United States later this month, Prime Minister Narendra Modi spoke to CNN's Fareed Zakaria in his first ever international interview since assuming office. Modi stressed on the numerous similarities two countries share given their history and culture and emphasized that he was confident that India and US would build a strategic and genuine alliance in the coming future.
They are shaken by the mass molestation in the city on New Year's Eve. But they are not waiting to be rescued. Nikita Puri reports.
More and more companies are warming up to the idea of reverse mentoring.
'We don't have to be the world's policeman. We don't have to impose our values. But we need to lead and when we pull back as we've done, you begin to see exactly what happens -- the voids are filled by threats of terror that countries have to suffer with, including India.'
'The US-India relationship is in a different league altogether,' Obama administration officials tell Aziz Haniffa/Rediff.com in Washington, DC.
Countries in the region like Afghanistan, Pakistan and Maldives face serious existential threats from a mix of terrorist groups active in the region and elsewhere