Union Budget 2025: The electronics industry is requesting import duty reductions on mobile phone components and subsidies for product testing in the next budget. They are advocating for a simpler tariff structure and an extension of the 15% corporate tax…
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Two senior executives at Bhavish Aggarwal’s Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from their positions at Ola Electric, citing personal reasons. Their exits contribute to a series of senior-level resignations across the Ola group, including the departure of top…
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Companies will compete aggressively to hire AI talent, increasing salaries by 15-20% in the next 12-18 months. AI demand is expected to double by 2027. Firms must offer competitive packages, upskilling, and career opportunities to attract top AI professionals. Salaries…
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Stressed companies under insolvency law have assets worth less than 5% of what they owe to lenders. As of September, 2,630 liquidation cases owed ₹9.51 lakh crore but had only ₹45,000 crore in assets. Delays and asset deterioration contribute to…
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Consumption inequality decreased in both rural and urban areas during August 2023-July 2024 compared to the previous year, with Gini coefficients dropping in both regions. The survey showed a rise in average monthly per capita expenditure (MPCE). Non-food items constituted…
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The two companies have appointed EY and Axis Capital to prepare merger terms which they intend to propose to their respective shareholders within a fortnight, ET had reported on Tuesday.
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