India has strongly opposed any further financial assistance from the IMF to Pakistan. Meanwhile, India conveyed its strong dissent within the constraints of the IMF’s voting system and formally recorded its objections.
India is restricting ready-made garment imports from Bangladesh via land. This action is expected to raise logistics costs. Transit times will also increase. Apparel Export Promotion Council notes potential negative impacts. A significa ...more
Zoho CEO Sridhar Vembu has cautioned software professionals about the potential impact of AI on their jobs. He warned that advancements in LLMs and development tooling could lead to job losses in the software industry. Vembu emphasized ...more
India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune ...more
Byju Raveendran, founder of Byju's, has announced a significant reboot for the edtech firm, dubbed "Byju's 3.0," focusing on AI-driven personalized learning. Raveendran addressed leadership and financial mismanagement controversies, ass ...more
Indian markets are poised to react to foreign fund activity, developments in the India-US trade deal, and the rupee-dollar exchange rate following Moody's US credit rating downgrade. Investors will also be watching quarterly earnings fr ...more
Mohini Mohan Dutta, a close associate of Ratan Tata, has accepted the terms of Tata's will, receiving a substantial portion of his estate. This agreement facilitates the probate process in the Bombay high court. Dutta, once a director a ...more
Tata Steel is set to aggressively reduce costs by Rs 11,500 crore globally over the next 12–18 months, building on previous savings. The company aims for significant cost reductions in India, the UK, and the Netherlands through operat ...more
Sources have said earlier that Tata Electronics, Dixon Technologies, and Foxconn were among the big players that have shown interest.
India and the European Union have concluded the 11th round of FTA negotiations, agreeing to a two-stage approach to finalize the deal by 2025. Amid global trade uncertainties, both sides are focusing on market access for goods, services ...more
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