The Congress has conceded the plum Finance portfolio to its junior partner, resolving a thorny issue, after its president Rahul Gandhi intervened and spoke to Kumaraswamy.
Hemantkumar Shivsharan shares snapshots from an interesting summer workshop he attended.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".
'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'
Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.
N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.
The government on Monday published a draft data policy for public consultation, which says all data collected, generated, and stored by every government ministry and department will be open and shareable barring certain exceptions. Also, detailed datasets that have undergone value addition could be monetised by the government. The policy document, called "Draft India Data Accessibility & Use Policy 2022", prescribes that a regulatory authority called the Indian Data Council (IDC) and an agency by the name India Data Office (IDO) will oversee framing metadata standards and enforcement, respectively.
The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
India's second-largest information technology (IT) firm Infosys has decided to reduce the average variable payout of employees to 70 per cent due to falling operating margins in the first quarter (Q1) of 2022-23 (FY23), said people in the know. "The margin impact in the current quarter has reflected on the performance bonus for this cycle," the company told its employees over email. "While 70 per cent is the correct figure, an important point is we have been told that the company will not defer any variable payment. "It is being paid according to schedule," said a person.
Chief Minister Nitish Kumar, replying to queries from journalists in Patna, said the decision to send the team was taken after deliberations that took place over a couple of days.
Higher dividend taxes, falling valuations make alternative shareholder payment attractive.
'Companies are coming to the campuses, and we have companies booking their slots for the placement season, but the overall number of companies signing is low, and the hiring numbers are also lower.'
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
Whether you are a fresh graduate, self-employed, an entrepreneur or a CXO, using LinkedIn strategically can put your career on an upward trajectory.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
India has already sent relief materials to Turkiye in four military transport aircraft.
The impact of the explosion "was so massive" that the factory, which was being run from a residential building, collapsed, the police said.
In an official communication to concerned national sports federations, the Indian Olympic Association (IOA) has informed them about about the staying arrangements and the need to undergo an RT-PCR test for COVID-19 72 hours prior to their arrival in the UK.
The apex child rights body NCPCR on Monday sought an FIR against Shiv Sena leader Aaditya Thackeray for allegedly using children in his party's campaign to save Mumbai's Aarey forest.
Sharing the list of objections, an official who did not wish to be quoted, said the bill was returned on Wednesday highlighting the mismatch between the Hindi and English versions of the Bill and the need to reconsider the definition of 'mob.'
Talking about leading the side for the first time, Dhawan said: "It is a great honour for me to be the captain of the Indian team."
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
The government will set up expert groups to explore the adoption of common chargers for mobile and all portable electronic devices, and submit a detailed report in two months, Consumer Affairs secretary Rohit Kumar Singh said. The department of consumer affairs on Wednesday called a meeting with industry stakeholders. After the meeting, Singh said India can initially think of exploring shifting to two types of chargers, including a C-Type port.
On his maiden visit to Beijing, Pakistan Prime Minister Shehbaz Sharif held talks with Chinese President Xi Jinping during which the two leaders agreed to strengthen the all-weather friendship and the USD 60 billion China-Pakistan Economic Corridor (CPEC).
'With the ease of access, we have seen an increased participation from tier-2, tier-3, and tier-4 cities/towns.'
"The 21st century peacekeeping must be anchored in a strong ecosystem of technology and innovation that can facilitate UN peacekeeping operations in implementing their mandates in complex environments," India's external affairs minister S Jaishankar said
Away from the distraction of its new high-profile politics, Wayanad's worries seemed very down to earth, discovers Shyam G Menon.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment. Amid the fast-spreading Omicron variant of the COVID virus, the company remains "very vigilant", CEO and managing director Thierry Delaporte said, adding that as a proactive measure, the company has decided to close its offices globally for the next four weeks. "It is of some relief to us that about 90 per cent of our employees globally are now vaccinated with one dose of the vaccine, and over 65 per cent are fully vaccinated with the recommended two doses. "Our plans to return to the office, even in a hybrid model, for our fully vaccinated employees, will be calibrated in the context of the evolving situation, keeping both our employees' safety and client preferences in mind," Delaporte said during Wipro's Q3 earnings calls.
'People should realise that what we are fighting for today is actually for tomorrow, for future generations.'
Infosys CEO Salil Parekh has got a massive 88 per cent jump in annual remuneration to Rs 79.75 crore, making him one of the highest-paid executives in the country. The software services firm has sought shareholders' approval for the reappointment of Parekh as chief executive officer and managing director for a second five-year term beginning July 1. According to the company's annual report released on Thursday, Parekh, 58, took home a salary of Rs 71.02 crore in the fiscal year ended March 31, 2022.
Dhumal said the interest to stage IPL matches was indicative of its popularity abroad.
The B-1617 variant of the coronavirus, first identified in India, has been classified as a variant of concern at the global level by the World Health Organisation (WHO).
Chef Shantanu Gupte presents an intriguing dessert.
Pakistan criticised the laying of foundation stones for the construction of the Rattle and Kwar Hydroelectric Projects on the Chenab River in Kashmir.
The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. This comes after four companies -- Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles-- launched their initial share-sales last week to mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.
India is the second-largest technology hub for Amazon globally and its teams are powering innovations not only for customers in the country but globally as well, a top company executive said on Thursday. Speaking at Amazon India Career Day, Amazon global senior vice president and country head India Amit Agarwal said the e-commerce company employs over one lakh professionals in India across diverse areas from engineering, supply chain, content creation, marketing, video and others. "India is also the second-largest technology hub for Amazon globally, with some of the most talented software developers, product managers, machine learning scientists, and research scientists as part of the team," he said.
One of the most important aspects of a shared space is maintaining a quiet and peaceful environment, says Prashant Garg.
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