AI in the family GenAI draws in the OGs
ET’s Himanshi Lohchab brings a snapshot of how India’s top family offices are increasingly betting on GenAI startups.
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‘High-risk’ income tax refund claims under scanner
Authorities will systematically verify ‘high-risk’ income tax refund claims for the 2024-25 assessment year, following a standard operating procedure. Cases involving suspicious patterns, such as false deductions or expenses, will be investigated to ensure claims are legitimate, emphasizing non-harassment of…
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HCLTech slows headcount reduction in Q2 FY25, down by 780 employees
HCLTech’s larger peer Tata Consultancy Services (TCS), India’s largest IT services company, added 5,726 employees during the second quarter of fiscal year 2025 – July to September period, continuing its net employee addition from the previous quarter.
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Nvidia notches record close, could unseat Apple as most valuable company
In June, Nvidia briefly became the world’s most valuable company. It was overtaken by Microsoft, and the tech trio’s market capitalizations have been neck-and-neck for several months.
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Mumbai toll waiver: FASTag providing banks face business hit
The total daily revenue from these five toll booths amounts to Rs 1.5 crore, and with the exemption of light motor vehicles, the government is expecting a revenue loss of approximately Rs 50 lakh per day.
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Only 13 of 30 National Company Law Tribunal courts work full time
Nearly a third of positions at the National Company Law Tribunal remain unfilled, impacting the government’s insolvency reform initiative. This shortage has led to operational inefficiencies, delaying insolvency resolutions significantly. The average resolution time has surged to 716 days, far…
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