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Poor visibility pushes India Inc to rework payhike plans

Employees across India Inc. will be disappointed to know that some of the firms are revising their hike estimates. Consulting firms that advise corporates on their pay structures, accept that a downward revision from earlier projections is a distinct possibility.

7 May 2025 5:40 am
Online pharmacies, chemists at odds over home delivery of medicines as Centre mulls stopping the practice

The Centres move followed a representation by the All India Organization of Chemists and Druggists (AICOD), which opposed home delivery of medicines on the back of misuse of prescriptions.

7 May 2025 5:35 am
India to have 123 million EVs on the road by 2032 under best-case scenario

The adoption of EVs becomes critical, as the world's fifth-largest economy prioritizes sustainable development and races to achieve net-zero carbon emissions by 2070, the report said. This can bolster Indias economy while supporting the ambitious target set for 2030EV penetration of 30%.

6 May 2025 10:43 pm
Bank of Baroda's margin pressure to continue before easing in FY26 second half

Bank of Baroda anticipates continued pressure on its margins due to delayed deposit repricing, with a projected improvement by mid-2025-26. Despite a 3.3% rise in fourth-quarter net profit, net interest income fell due to high loan slippages, primarily from MSMEs and retail loans.

6 May 2025 9:08 pm
Meta data: Has the reel run out for Instagram brands?

The Instagram Brands playbook helped companies such as Nykaa and Mamaearth parent Honasa Consumer become large, listed entities. But it no longer guarantees success, prompting early-stage direct-to-consumer brands to look elsewhere. What changed?

6 May 2025 8:17 pm
Who pays for cancelled rides? Maharashtras new cab rules stir industry debate

Besides ride cancellation penalties, Maharashtras cab aggregators policy could spark debate on the introduction of mandatory meter pricing and a surge pricing cap of 1.5 times the base fare,

6 May 2025 3:58 pm
Did Angelina Jolie's father suggest Donald Trump's movie tariffs? Here's what Jon Voight proposed

Actor Jon Voight presented his plan to boost US jobs in the entertainment industry to US President Donald Trump over the weekend. We take a look at his proposal. 

6 May 2025 2:31 pm
Why star-powered movies have OTT handprints all over them

Video streaming platforms are not only competing to acquire post-theatrical rights for big-ticket films, they are also influencing release dates and even the themes to avoid controversies.

6 May 2025 2:10 pm
Japan's SMBC gets RBI's green signal to acquire Yes Bank

SMBC will either buy less than 26% in Yes Bank and do a merger through a share swap, or may buy up to 26% and launch an open offer. Apart from SBI, other Yes Bank shareholders include Axis Bank, Kotak Mahindra Bank and HDFC Bank.

6 May 2025 5:30 am
The 40,000 crore question: Will govt take stake in Bharti Airtel for AGR dues?

The DIPAM, which is assessing the proposal, is weighing the implications of a potential approval, especially as Airtel has demonstrated strong financial performance and its stock, too, has been on a tear over the past five years.

6 May 2025 5:30 am
Starlink, Kuiper, other satcom firms told to meet 20% local manufacturing target

The government has asked companies looking to provide satellite internet services in the country to target at least 20% indigenisation of the ground segment of their satellite network within five years of beginning commercial operations in the country.

5 May 2025 11:28 pm
Sitharaman urges ADB to speed up financing deals; US, China spar over funding

Sitharaman urged the ADB to make quick progress on capital expansion and capital management measures so that its lending limits do not affect the borrowing programmes of developing countries.

5 May 2025 10:30 pm
Cotton yarn industry set to spin 79% revenue growth in FY26 on China export rebound, domestic demand: Crisil

Yarn exports account for about 30% of the industrys total revenue, with China alone making up nearly half of that share.

5 May 2025 7:46 pm
Drugmakers to face tougher quality rules: Failed a test? Re-do the exam.

A new government crackdown on substandard drugs could turn India's pharmaceutical industry upside down, reshaping accountability in Indias vast generic drug market.

5 May 2025 3:56 pm
SBI shares fall as lender tempers loan growth target amid tariff uncertainty

Shares of State Bank of India dropped after it reduced its loan growth target for 2025-26 amid US tariff uncertainties. SBI reported a 10% decline in fourth-quarter net profit and expects credit growth of 12-13% for FY26, impacting its stock performance.

5 May 2025 2:44 pm
Real-time revolution: Live entertainment takes centre stage on streaming

Live events are redefining the OTT gameoffering unpredictability, participation, and powerful new ways to win viewer loyalty.

5 May 2025 2:05 pm
The rise of Hollywood-style cinematic universes in southern films

The southern film industry is embracing cinematic universes, which mirrors Hollywood's success, focusing on star power to attract viewers while navigating challenges of rising costs tied to popular actors

5 May 2025 1:01 pm
You may get to buy non-prescription drugs at a friendly neighbourhood store

The move spells relief for consumers who can pick up these medicines from just about anywhere, but also casts a pall of gloom over tens of thousands of chemists staring at loss of sales.

5 May 2025 5:30 am
Oil India in talks with global majors for joint E&P bids, says CMD Ranjit Rath

In February, the Maharatna company had signed a memorandum of understanding (MoU) with Petrobras, Brazils state-owned oil major, to collaborate in the exploration and production of hydrocarbon resources in Indias offshore regions.

5 May 2025 5:30 am
AI is replacing humans in early-stage screening of potential hires. Is it a fad?

The stages of AI-driven hiring include mapping out talent, matching them to jobs, sourcing the right people, calling and scheduling their interviews, and finally the interview. It ends with negotiating pay and finally, onboarding of an employee.

4 May 2025 5:06 pm
How climate change is threatening your morning beverage

Coffee prices have been on a tear due to irregular climate events, which also poses a threat to other key beverages like tea and cocoa.

4 May 2025 1:09 pm
Microfinance stress, RBI embargo weighed on Kotak Banks Q4 profitability

Kotak Mahindra Bank's agriculture portfolio grew a muted 1% on-year in the March quarter, and its retail microcredit loan portfolio fell 33%. The bank aims to grow its share of unsecured and personal loans to around 15% of its advances.

4 May 2025 11:12 am