India is emerging as a top advocate for office-based work, surpassing the global average of 85 per cent and ranking among the world’s leading supporters of returning to the workplace.According to a survey conducted by global real estate services firm JLL, 90 per cent of organisations require employees to work from office for at least…
NEW DELHI: The country’s economic growth in July-Sept quarter of the current fiscal year slowed to a seven-quarter low, dragged down by slowing manufacturing and a contraction in mining. The services sector remained stable and the farm segment staged a rebound.Data released by the National Statistics Office showed GDP grew by 5.4% in the three…
In December 2024, banks will be closed for various occasions apart from every Sunday and second and fourth Saturdays. Bank Holidays December 2024: Banks will be closed for several days during December 2024 for various regional and national holidays. The Reserve Bank of India’s website provides detailed information about these holidays, which vary by state.In…
The planned indigenous high-speed trains will be developed from the current Vande Bharat platform. (AI image) Indian Railways picks speed on bullet train manufacturing! India is advancing towards domestic manufacturing of bullet trains and associated signalling systems for future standard gauge high-speed corridors, according to senior government officials. The implementation of significant infrastructure projects, including…
MUMBAI: Foreign investors, who earlier this week had turned net buyers of Indian stocks after nearly two months, sold aggressively on Thursday to pull the sensex down by 1,190 points to 79,044. Except for SBI that closed marginally higher, all 30 sensex constituents closed in the red. The day’s selling left investors poorer by Rs…
NEW DELHI: Integrated diagnostic chain Suraksha Diagnostic Ltd on Thursday said it has mobilised Rs 254 crore from anchor investors, a day before opening of its initial share-sale for public subscription. The top anchor investors in the IPO included Nippon India Mutual Fund, Kotak MF, Aditya Birla Sun Life MF, Quant MF and Carnelian Bharat…
MUMBAI: DBS India has launched an enhanced wealth management offering, providing Indian customers with unified access to cross-border treasury services across key Asian markets, including Singapore, Hong Kong, Taiwan, Indonesia, and China. This offering targets high-net-worth individuals (HNIs) and non-resident Indians (NRIs) in India and abroad. The bank also announced the launch of a digital…
Bullet train: The train sets will feature modern amenities, including aerodynamic exteriors, sealed gangways. (AI image) ‘Make in India’ bullet trains soon! Indian Railways’ Integral Coach Factory in Chennai is collaborating with BEML to design and manufacture high-speed train sets capable of reaching 280 kmph! Railway Minister Ashwini Vaishnaw told Parliament on Wednesday that after…
MUMBAI: IT services hiring is expected to grow 10-12% in the next six months, following rapid evolution of technology, which is reshaping industries and economies worldwide, a report said on Wednesday.Emerging technologies such as GenAI, Deep Tech, and Quantum Computing are set to create over a million jobs by 2030, the report by business services…
Rajesh Jejurikar, ED – Auto and Farm sector, Mahindra & Mahindra As a resurgent Mahindra & Mahindra pumps in Rs 12,000 crore into electric mobility to launch new ‘lifestyle’ cars, CEO Rajesh Jejurikar says that Indian companies are today confident to take on competition from any global green carmaker, and “welcome” players like Tesla and…
