India is accelerating its semiconductor mission with a strategic focus on mature-node fab manufacturing, aiming to strengthen its position in the global value chain while catering to the rapidly growing demand in the automotive, telecom, and industrial electronics sectors. As the world grapples with supply chain disruptions and rising demand for chips, New Delhi sees…
In a significant shift from its pandemic-era practices, Google has announced plans to bring back in-person interviews for new recruits, signaling a renewed emphasis on face-to-face interactions in hiring. The move has sparked discussions across the tech industry, where remote and hybrid work models have become increasingly dominant. Google, which was among the first global…
Auto components giant Samvardhana Motherson International Ltd has reported a sharp decline of 48.5% in its consolidated net profit for the first quarter of FY25, falling to ₹512 crore compared to ₹994 crore in the same quarter last year. The drop comes despite a 4.7% rise in consolidated revenue, which reached ₹25,305 crore in Q1FY25,…
India’s economic growth trajectory is unlikely to face significant headwinds from the recently announced US tariff measures, according to a fresh assessment by S&P Global Ratings. The agency believes that the country’s strong domestic consumption, robust services exports, and diversified trade portfolio will help cushion any adverse effects from the American trade policy changes. Tariffs…
Shares of One97 Communications Ltd., the parent company of digital payments giant Paytm, witnessed a significant surge of over 5% in today’s trading session, drawing the attention of investors, market analysts, and fintech enthusiasts. The rally comes amid a combination of positive market sentiment, fresh business developments, and improving investor confidence in the company’s long-term…
In a significant breakthrough in one of India’s most high-profile financial fraud investigations, the Enforcement Directorate (ED) has made its first arrest in the ₹3,000-crore loan fraud case allegedly linked to businessman Anil Ambani. The move marks a major development in the ongoing probe, which centers on allegations of financial misrepresentation, diversion of funds, and…
In a major move set to shake the real estate landscape, the Gurugram administration has proposed significant hikes in circle rates—government-mandated minimum property valuation rates used for stamp duty and registration. These proposed increases, effective from August 1, are expected to drive up property prices and registration costs substantially across residential, commercial, and agricultural zones…
In a move that has stirred widespread discussions within the fintech and digital payments industry, ICICI Bank has announced a significant change in its Unified Payments Interface (UPI) operations. Starting August 1, the bank will begin levying transaction charges on payment aggregators for UPI-based merchant transactions, marking a shift in the cost structure of India’s…
India’s energy landscape is undergoing a dynamic transformation with a renewed focus on oil and gas exploration activities, as highlighted by Union Petroleum and Natural Gas Minister Hardeep Singh Puri. Speaking at a recent energy summit, the minister underlined the resurgence in exploration efforts across various sedimentary basins in the country, aimed at enhancing domestic…
India’s largest IT services company, Tata Consultancy Services (TCS), is facing sharp scrutiny from investors and market watchers after its recent decision to lay off employees sparked a significant erosion in market valuation. Since the announcement of the workforce restructuring plan, TCS has witnessed a decline of Rs 28,149 crore in market capitalization, raising questions…
