External Affairs Minister Dr S Jaishankar warns that AI will be as significant as nuclear weapons were in the past. Speaking at the Kautilya Economic Conclave in New Delhi, he emphasizes the long-term impacts of AI on the global ecosystem.…
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The Supreme Court’s ruling on input tax credit for immovable property establishes that buildings intended for rental services may be classified as “plant,” crucially hinging on a functionality test. CFOs express optimism, highlighting potential cost reductions.
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The government on Sunday said it has earmarked Rs 1,000 crore for venture fund to space startups, an indication of high priority that the government gives to the space sector.
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Reliance Jio and Bharti Airtel are delaying further expansion of their 5G networks due to low capacity utilization and pending monetization. Both companies are focusing on upgrading their 4G users to 5G, with Jio already covering over 90% of India’s…
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The Adani Group, India’s second-biggest cement maker, had entered the sector by acquiring Holcim’s India operations in 2022. As with Holcim, Adani intends to move fast to close the deal, said the people cited. Ambuja Cements had cash and cash…
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Salary increases in IT companies have shifted from the traditional April-June period to later in the year, influenced by fluctuating demand. This shift has led to unpredictable hikes and varied timing, with factors like high attrition and sluggish demand influencing…
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