The $285 billion IT services industry, employing 5.8 million people, continues to navigate an uncertain environment with multiple headwinds from AI to geopolitics. Yet, India remains central to delivering technology services at scale, even as entry-level tasks are increasingly automated. Against this backdrop, the Q3 results offer a view of the pressures, priorities and pockets…
While the committee is meant to provide a secondary review of disagreements, in practice, its operations are opaque and constrained by the same issues that plague the board to begin with, leaving filmmakers and theatre owners ultimately to bear the cost of certification delays. While Sivakarthikeyan-starrer Parasakthi released on 10 January after facing scrutiny from…
Google’s new programme to support Indian AI startups has prompted analysts to caution that it may only increase reliance on Big Tech, even as a top executive at the technology behemoth said that the initiative will not involve direct capital infusion or equity stakes. The market-access programme, announced last week, is aimed at helping 30…
President Donald Trump signed an executive order Tuesday seeking to advance his effort to ban large institutional investors from buying single-family homes, before a trip to the World Economic Forum in Davos where he’s expected to lay out his efforts to address affordability concerns. The executive order details a multi-part process designed to limit institutional…
India is planning a second national gene bank for crops in Keylong, Himachal Pradesh, as insurance against climate change, natural disasters and future food risks. The new facility will back up India’s vast plant genetic wealth and complement the country’s existing gene bank in New Delhi. Mint explains why the new gene bank is needed,…
The delay stems from Trai’s dispute with state-owned NBCC (India) Ltd, under the ministry, which built the 1.16-lakh-square-feet office at a cost of about ₹450 crore. The developer has demanded a ₹57 lakh interest for alleged delayed payment by Trai, leading to an impasse that has held back the mandatory clearance required for formal registration….
In less than two trading sessions, investors of Wipro Ltd have wiped out all of the stock’s gains since its new chief executive Srinivas Pallia took over in April 2024. Over the same period, shares of LTIMindtree have lost more than a fourth of their gains since CEO Venu Lambu took over at the end…
The government is working on an ambitious plan to help 72 million MSMEs meet stricter compliance and export-market requirements on machine-level data, traceability and energy efficiency by equipping them with essential digital factory tools such as machine monitoring, energy management systems and shop-floor software, three people directly involved in the process said. Pilot launch The…
MUMBAI: Punjab National Bank, or PNB, is preparing the ground for further deposit rate cuts as pressure on margins intensifies, betting that cheaper deposits are now the best way to protect profitability as earlier policy rate cuts have already pushed lending yields lower. The state-owned lender cut deposit rates by about 20 basis points (bps)…
Walkie-talkies are two-way wireless communication devices that transmit voice signals over radio frequencies and are widely used for short-distance communication in security, logistics and emergency services. Regulators say unauthorized devices can interfere with communication systems used by law-enforcement agencies, disaster management authorities and emergency responders, posing risks to public safety, public order, and national security….