News
Why logistics, not just credit, will decide the future of India's MSMEs
4+ hour, 37+ min ago (332+ words) Over the past decade, policymakers have laid a strong foundation for MSME growth. Initiatives such as MUDRA, GST, UPI, ONDC, Udyam Registration, PM Gati Shakti and the National Logistics Policy have expanded access to credit, accelerated formalisation and improved infrastructure....
EV boom lifts Ola sales, but turnaround has miles to go
3+ hour, 28+ min ago (457+ words) Bhavish Aggarwal is no stranger to big ambitions. Over the past few years, the Ola Electric founder has repeatedly outlined aggressive targets on sales, profitability and market leadership, only for the company to revise timelines or fall short of its…...
HDFC Bank gets clean chit from legal review
3+ hour, 37+ min ago (476+ words) HDFC Bank on Friday said an external legal review by two law firms" Wilson Sonsini Goodrich & Rosati and Wadia Ghandy & Co"into concerns raised by former chairman Atanu Chakraborty's resignation letter found "no contemporaneous support" for his allegations in board…...
Uber India chief quits, to helm Open AI in India
5+ hour, 2+ min ago (332+ words) Uber's India &South Asia President, Prabhjeet Singh, will be moving to Open AI as its India Managing Director. The move is aimed at beefing up the India team as the artificial intelligence (AI) major looks to grow its presence in…...
Why are mango farmers in Tamil Nadu letting their crop rot?
13+ hour, 28+ min ago (379+ words) According to an ANI report, many mango farmers in the Melur Taluk of Madurai are now choosing to leave their harvest to rot on trees or cut down plantations to avoid further losses. They face severe financial distress, with the…...
How Deutsche Bank's India GCC became Mission Control
8+ hour, 29+ min ago (531+ words) Today, a single platform performs that task across asset classes. It was conceived, built and is run out of Bengaluru. The platform is more than another automation project. It captures the transformation underway inside global capability centres (GCCs) in India....
Flashing the right card pays on your foreign trip
6+ hour, 51+ min ago (306+ words) IF YOU ARE travelling abroad this summer, you can save a significant amount on your spends by using the right travel credit card. These cards come with benefits like accelerated rewards on travel, low forex markup, complimentary airport lounge access,…...
MSMEs deepen digital push as AI adoption gathers pace: Vi Business report
10+ hour, 5+ min ago (376+ words) More than half of India's micro, small and medium enterprises (MSMEs) now see artificial intelligence as central to their future growth, highlighting the technology's increasing role in the country's digital transformation journey. According to the latest edition of the Vi…...
Volkswagen layoffs: German automaker may cut up to 100, 000 jobs in major overhaul, says report
8+ hour, 48+ min ago (563+ words) German automaker Volkswagen faces one of its biggest restructuring drives in decades as it considers closing several factories in Germany and reducing its global workforce by tens of thousands." The proposal includes the possible shutdown of four production sites in…...
Why thousands of chlorthalidone blood pressure medicine bottles are being recalled across US
7+ hour, 51+ min ago (488+ words) Thousands of bottles of a commonly used blood pressure medicine were recalled across the United States after regulators identified a possible manufacturing defect that could affect how the drug performs inside the body. Chlorthalidone tablets were removed from shelves after…...