As appraisal season approaches, employees in the IT sector eagerly await rewarding salary hikes. However, reports indicate a mixed response from employers and employees regarding the anticipated increments. One notable case is LTIMindtree, a leading multinational information technology services and consulting company in India. The subsidiary of Larsen & Toubro has sent shockwaves among its…
India must sustain an average annual growth rate of 7.8% over the next 22 years to transition into a high-income economy by 2047, according to a World Bank report released on 28 February and reported by The Hindu. The report, titled “India-Country Economic Memorandum: Becoming a High-Income Economy in a Generation,” emphasizes that while the…
Ratan Tata’s Tata Consultancy Services (TCS), one of India’s largest IT services firms, is set to announce annual salary hikes for its employees for the financial year 2025-26. However, the expected increment is likely to be the lowest in the last four years. ### Expected Salary Hike According to an Economic Times report, TCS salary…
Reliance Jio, known for revolutionizing the telecommunications sector, is now set to make its mark in the electric vehicle manufacturing sector. The company is reportedly planning to launch the Jio electric bicycle by the end of this year. Although there has been no official announcement from Reliance, several features and price details have been circulating…
In one of the most high-pressure pitches of Shark Tank India Season 4, the founders of Trajectory, a cushion brand from Delhi, faced intense scrutiny as they presented their business to the sharks. Seeking Rs 1 crore in exchange for 2 per cent equity, valuing their company at Rs 50 crore, the founders found themselves…
During the recent Mumbai Tech Week 2025, Akash Ambani, Chairman of Reliance Jio Infocomm Limited (RJIL), shared an intimate perspective on his source of inspiration: his father, Mukesh Ambani. In a fireside chat with Harsh Jain, co-founder & CEO of Dream Sports, Akash Ambani highlighted his father’s unparalleled work ethic and dedication, revealing that Mukesh…
Ola Electric has announced a significant milestone, selling over 25,000 units in February and achieving a market share of over 28% in the electric two-wheeler segment. This achievement cements Ola Electric’s leadership position in the market. *Sales Milestone and Market Leadership* The company attributed the sales milestone to its S1 portfolio and an extensive sales-and-service…
India Ratings and Research (Ind-Ra) has projected that India’s exports to the US may decline by $2 billion to $7 billion in FY26 if the reciprocal tariffs being contemplated by the US are implemented. This comes amid ongoing discussions between the two governments regarding trade relations. *Current Trade Scenario* India’s exports to the US rose…
Amid the ongoing decline in the stock market and weak estimates about the Indian economy, the World Bank has expressed strong confidence in India’s economic prospects and has appealed to investors worldwide to consider the country as a prime investment destination. *World Bank’s Optimism* Addressing the Advantage Assam 2.0 business conference, World Bank Country Director…
Nithin Kamath, founder of online brokerage firm Zerodha, has expressed concerns about the ongoing market correction and its potential impact on the Indian government’s revenue from Securities Transaction Tax (STT). Kamath believes that if the current market correction continues, the government’s revenue from STT could plummet by 50% to Rs 40,000 crore in FY 2025-26,…
