Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.
Tata Steel has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
Hindustan Unilever (HUL) exceeded consensus estimates in Q4FY26, driven by lower overheads and 6 per cent consolidated volume growth. However, the company anticipates further price hikes to counter an expected 8-10 per cent material cost inflation, while maintaining a mid-term margin guidance of 22.5-23.5 per cent.
Learning from East Asia, India must reform its district administration with performance, accountability, and vision to achieve the goal of Viksit Bharat, points out Deepak Mishra.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
'The market recovery is fragile,' warns Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
Although the Malabar is a routine exercise which has been carried out for several years now, security experts attach a lot of traction to it in view of China's assertive behaviour in the South China Sea, observes Rup Narayan Das.
Air Vice Marshal Arjun Subramaniam lists the major operational takeaways from the 1971 War in his new book 'India's Wars, A Military History, 1947-1971'.
'He is psychologically preparing the PLA and the Chinese public to avoid a loss of face.'
The 30-share Sensex provisionally ended up 366 points at 27,275 and the 50-share Nifty ended up 132 points at 8,235.
The Nifty had hit its third successive record high of 7,922.70 today.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
'This is the first time that the Americans have agreed to refer to "cross-border terrorist attacks" in a joint statement.' 'No wonder Pakistan has called the joint statement "singularly unhelpful" and has blasted it, and its all-weather friend China has applauded Pakistan's frontline role in combating terrorism,' points out former foreign secretary Ambassador Kanwal Sibal.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
'65 per cent were males.' 'Age group of deaths: More were seen from age 51 to 70.' 'Saw some deaths from age 21 to the 40s.' 'About 76 to 77 per cent of patient deaths had some kind of a comorbidity.' 'The main comorbidities were the presence of diabetes, hypertension, some kind of heart diseases.'
Is it inconsistency in policy, or the lack of robust support?
