Sitharaman set to make history with 7th consecutive Budget
Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India's first full-time woman finance minister when Prime...
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Union Bank net profit rises 13.7% to 3,679 cr; flags challenges on margins
21 July 2024 | PTI -
Pearl Global Industries raises Rs 149.5 cr through QIP issue
21 July 2024 | PTI -
EPFO officers raise concern over inadequate IT infrastructure
21 July 2024 | PTI -
Credai wants tax sops for homebuyers to construct affordable houses
21 July 2024 | PTI -
India preferred destination for investors, says Goyal
21 July 2024 | PTI -
All exchanges, clearing corporations remain unaffected due to Microsoft system outage
20 July 2024 | PTI -
Airline systems across airports working normally: Minister
20 July 2024 | PTI
Green certified office buildings command 12-14% premium in rental values: Vestian
Office buildings that are green certified command a 12-14 per cent premium in rental values over normal properties, as demand for environment-friendly workspace is high from multi-national companies (MNCs), according to Vestian. In its latest report ‘India Office Market-Sustaining the Sustainability’, real estate consultant Vestian has mentioned that green-certified projects command...
Majority of Indian employees experience burnout due to work-related stress: Report
Around 62 per cent of Indian employees experience burnout, triple the global average of 20 per cent, due to work-related stress and poor work-life balance, as per a report by digital healthcare platform MediBuddy and CII. The report, which was released on Friday, also highlighted that a massive number of job...
No plans to allow business houses to promote banks: RBI
Governor Shaktikanta Das on Friday said the Reserve Bank does not have any plan to allow business houses to promote banks at present. Allowing corporate houses to promote banks exposes one to conflict of interest risks and related-party transactions, Das said, speaking at an event organized by the Financial Express here. “At...
The Cottage India Pavilion inaugurated
The Cottage” participated in the Lifestyle Week (Tokyo) (3-5 July 2024) with 10 exhibitors from the Handloom and Handicraft sector. The India Pavilion set up by “the Cottage” was inaugurated by Madhusudan Ravindran Deputy High Commissioner, Embassy of India (Japan) in the presence of Manoj Lal, Managing Director, The Central Cottage...
Building AI-powered Wipro with human-centric approach: Rishad Premji
IT company Wipro is continuously making efforts towards maximising AI’s potential and placing a human-centric approach at the forefront of AI development, company’s Chairman Rishad A Premji said. Addressing the company’s 78th annual general meeting on Thursday, Premji said artificial intelligence is central to the company’s growth strategy, and an...
Tata Play’s revenue dips 4.3% in FY24
Leading DTH operator Tata Play (erstwhile known as Tata Sky) has reported widening of its consolidated loss to Rs 353.9 crore, as revenue from operations declined 4.32 per cent to Rs 4,304.62 crore in the financial year ended March 31, according to financial data accessed by business intelligence platform Tofler. In...
Paytm April-June quarter loss widens
Fintech firm One97 Communications, which owns Paytm brand, on Friday said its loss has widened to Rs 840 crore in the quarter ended June 30, primarily due to continued impact of restrictions on Paytm Payments Bank Ltd. The company had posted a loss of Rs 358.4 crore in the same period...