Cabinet approves Gaming Bill making online betting punishable: Sources
The Union Cabinet has approved the Gaming Bill, making online betting a punishable offence, as per ET sources.
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India’s new jobs report raises questions over underemployment
A new Indian labor report indicates a drop in the jobless rate, but an economist cautions that it may not fully capture the extent of underemployment due to the vast informal sector. The report’s broad definition of employment, counting even…
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TCS opens AI-led operations centre in Latin America
Tata Consultancy Services inaugurated a new AI-powered operations center in Mexico City. This facility marks TCS’ eighth center in Mexico. The company aims to boost innovation across Mexico and Latin America. TCS plans to create job opportunities in the region…
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Google agrees to US$36m fine over Android search deals
Google has agreed to pay a Aus$55 million (US$36 million) penalty for striking “anti-competitive” deals to pre-install only its own search engine on Android mobile phones sold by two leading Australian telecoms firms. The court would now decide whether the…
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60-70% of market remains overvalued, but growth themes provide opportunities: Manish Gunwani
Manish Gunwani of Bandhan AMC suggests indirect investment routes like financials and internet platforms for consumer discretionary exposure, citing valuation concerns in staples and uncertainties in the auto sector. While optimistic about sectors like semiconductors and defence, he cautions against…
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Housing finance platform Weaver Services to raise Rs 1,482 crore from Lightspeed, Premji Invest
Weaver Services, a tech-led housing finance platform, is raising Rs 1,481.5 crore in funding led by Lightspeed and Premji Invest. Focused on affordable housing, Weaver targets self-employed individuals in smaller cities. The funds will support asset acquisitions, tech development, and…
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