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News
Think before you don’t renew your policy!
22+ min ago (670+ words) She was insured for 11 years with not a single hospitalisation claim but no premium discount in appreciation of a profitable customer was forthcoming. So, my friend did not renew her hospitalisation policy. Mistake. One because she did not have a…...
AI may help cut legacy tech debt, but clients fear creating a new one
34+ min ago (535+ words) Conversations with IT industry clients indicate that enterprises are still not entirely sold on the idea of making AI bets, even as the broader IT services industry has begun shifting towards AI-led deal wins. “The worry is that enterprises may…...
Consumer appliances makers gear up for festival season with increased production
1+ hour, 3+ min ago (199+ words) Consumer appliance makers are gearing up for the festival season with ramped up production, expanded product portfolios and a strong focus on the premium segment. Players said they are expecting to witness strong consumption momentum in the second half of…...
India Post’s pilot in Gujarat helps 5 FPOs overcome logistic challenges, business doubles
1+ hour, 15+ min ago (268+ words) Under an innovative arrangement made by Gujarat head of India Post, farmer producer organisations (FPOs) have successfully delivered over 40,000 items in past eight months seamlessly without bothering on logistics. These items include dal, jeera (cumin), khakra (kind of dried bread),…...
Star Health expects Home Health Care initiative to grow over 50% in next one year, backed by significant traction
1+ hour, 20+ min ago (291+ words) India’s largest standalone retail health insurer Star Health and Allied Insurance expects its Home Health Care initiative to grow at least 50 per cent in utilisation in the next one year as this segment is witnessing significant traction. Launched in 2024, the…...
Airtel prepaid plan tweaks: Brokerages estimate per-user revenue lifts ranging from ₹4 to ₹12
1+ hour, 37+ min ago (261+ words) Bharti Airtel's decision to scrap select prepaid packs could lead to a hike in average revenue per user (ARPU) in a broad range of ₹4-12, brokerages have estimated as the telco turned to targeted plan changes to drive premiumisation and monetisation....
Lodha Developers to launch 21 housing projects by March with ₹24,000-cr revenue potential
1+ hour, 29+ min ago (359+ words) Realty firm Lodha Developers Ltd plans to launch 21 housing projects by March next year with an estimated revenue potential of ₹24,000 crore, as it looks to expand business amid strong demand. During the first quarter of this fiscal year, Lodha Developers…...
Bengali filmmaker Raja Sen dies at 71 after prolonged illness
1+ hour, 52+ min ago (263+ words) Veteran Bengali filmmaker Raja Sen, best known for his National Award-winning film 'Damu', died at a state-run hospital here on Sunday following prolonged illness, sources at the medical establishment said. Sen was undergoing treatment at SSKM Hospital for multiple health…...
Tax relief for REITs, InvITs comes with surcharge trade-off for SPVs
1+ hour, 39+ min ago (410+ words) The proposed tax overhaul for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could make dividend income more predictable for investors, but a higher surcharge payable by their underlying special purpose vehicles (SPVs) could limit the immediate benefit…...
Why Goldman Sachs thinks there may be an ‘earnings bubble’ in tech?
2+ hour, 1+ min ago (437+ words) Technology stocks do not appear to be in a valuation bubble despite rising growth expectations, but there could be an "earnings bubble" as investors question whether the sector's strong earnings growth can be sustained, according to a Goldman Sachs report....