Mumbai: India’s largest private sector lender HDFC Bank has identified over 15 programmes that will use generative artificial intelligence (GenAI), chief executive Sashidhar Jagdishan told shareholders in the FY25 annual report. The bank, said Jagdishan, has transitioned from pilot projects to centralised, “platform-driven GenAI strategy” for improving staff productivity and customer service. The bank has…
Mumbai: WPP Media, formerly GroupM, has emerged as the top media agency group in India with $6.6 billion in billings in 2024, according to the latest Billings and Market Share report by COMvergence. The report, which tracks agency-level billings across both global and Indian markets, puts IPG Mediabrands and Publicis Media in second and third…
The Directorate General of Civil Aviation (DGCA) has ordered air carriers to conduct inspection of certain Boeing models. As per the US’s Federal Aviation Administration (FAA)’s Special Airworthiness Information Bulletin (SAIB) 2018, related to the fuel control switch, Indian airlines have been asked to inspect aircraft by 21 July. FAA’s SAIB NM-18-33 issued in December…
Created by Ekta Kapoor and produced under her banner Balaji Telefilms Ltd, the Hindi language series ran on Star Plus for eight years between 2000 and 2008. It popularized actors like Smriti Irani, who went on to serve in the Union cabinet during the Bharatiya Janata Party’s second term at the Centre. The broadcaster, which…
India saw 9.23 million foreign tourist arrivals (FTAs) in 2023 – a significant increase from 6.44 million in 2022. While this number is still below the pre-pandemic peak of 10.93 million in 2019, it represents a strong recovery and a 48.6 per cent increase compared to 2022, the government said when the numbers were released…
“Q1FY26 is expected to be a muted quarter with most banks juggling with many adversely moving aspects such as slowing advances growth, margin pressure from consecutive repo rate cuts, seasonally weak fee income, annual appraisal-related expenses in operating expenses, and sustained elevated credit costs for unsecured credit segments,” Systematix Research said in a pre-earnings note….
The ministry of road transport and highways plans to streamline and speed up the licensing process for cab aggregators such as Ola, Uber and Rapido across states by integrating the approval mechanisms of individual state governments, the first person said. “Work on developing a central portal for cab aggregators has already begun and is likely…
As several southern films dubbed in Hindi gain popularity, south Indian stars are emerging as pan-India icons. Influencers, too, are enjoying a surge—delivering loyal followings and sharper targeting at better value. For mass-market brands, sports stars, especially cricketers, remain a reliable bet thanks to their dual visibility in IPL and Team India. Yet, despite rising…
The MSME Green Investment and Financing for Transformation Scheme (MSME-GIFT) and MSME Scheme for Promotion and Investment in Circular Economy (MSME-SPICE) have barely seen any interest from micro, small and medium enterprises (MSMEs). Only 629 GIFT applications and four SPICE applications have been approved till June, data on the Union MSME ministry’s performance smartboard showed….
Bank holiday today, July 14 (Monday): Beh Deinkhlam is a festival celebrated by the Jaintia tribe in Meghalaya, and has been declared as a bank holiday in the state, by the Reserve Bank of India. Thus, all public and private banks, including the State Bank of India (SBI), will be closed in Meghalaya and its…