A pre-placement offer (PPO) is a job offer typically extended by a company to a student interning with it even before the formal campus placement process begins. While consulting and finance firms continue to dominate pre-placement offers, recruiters from sectors such as renewable energy, edtech, political consulting, think tanks, and nonprofits are also showing significant…
The advance of artificial intelligence (AI) may shrink some business and lead to reshuffle of employees, but it will also create new revenue streams, Hexaware Technologies Ltd CEO Srikrishna Ramakarthikeyan said. His comments came after Hexaware slipped two places in the Indian IT pecking order to No.10, ending the June quarter with $382 million in…
The Central government of India is planning to install 400 new BSNL towers in the Naxalite-affected and remote areas of Chhattisgarh to improve the region’s digital communications, reported the news agency PTI, citing Union Minister Chandra Sekhar Pemmasani, on Sunday, 27 July 2025. “The Central government is working on a plan to install 400 new…
New Delhi: To protect consumers from steep drug price increases, the National Pharmaceutical Pricing Authority (NPPA) has issued a directive to strictly enforce price control measures on non-scheduled drugs—those not subject to direct price caps. This means manufacturers cannot raise the maximum retail price (MRP) of these non-scheduled medicines by more than 10% in a…
(Bloomberg) — In Geseke, a small town in Germany’s western industrial heartland, plans to launch a large-scale carbon capture project at a local cement plant have been put on ice. Operator Heidelberg Materials AG had received European Union subsidies for the green project that’s set to save 700,000 tons of carbon emissions annually, and planned…
The India-UK Comprehensive Economic and Trade Agreement (CETA), officially signed this week, will reduce the current 150% customs duty on spirits by half to 75% once the agreement comes into force, with a further reduction to 30-40% over the next 10 years. This applies to both ‘bottled-in-origin’ (BIO) spirits and bulk imports used by Indian…
Mumbai: Even as it reported a steady April-June quarter in terms of growth and profitability, Bajaj Finance flagged “unexpected” stress in its unsecured micro, small and medium enterprises (MSME) loan portfolio amid signs of slowing incremental disbursements and new customer additions. The lender said it had pruned most riskier segments, except MSME that was a…
Once the agreement comes into force, customs duty on imported whisky and gin from the UK will be halved from 150% to 75% immediately and then gradually reduced to 40% over the next decade. The revised duties will apply to both bottled-in-origin (BIO) and bulk imports. BIO spirits are entirely produced and bottled outside India…
The Centre has withdrawn quality control orders (QCOs) for three key industrial chemicals: acetic acid, methanol, and aniline to ease compliance burdens for domestic manufacturers, said a 23 July notification. These chemicals are critical inputs for sectors such as pharmaceuticals, textiles, dyes and intermediates, paints, adhesives, and agrochemicals. These QCOs, originally issued in August 2019,…
The April to June quarter each year is full of good news for airlines in India. The quarter sees increased travel as schools shut for summer holidays across the country and people travel to native places or holidays. The Pahalgam massacre in April and Operation Sindoor in May had seen huge setbacks to travel within…