Category: Business

Ceat gains traction in Europe: CEO

NEW DELHI: Tyre maker Ceat said its main focus is to grow its overseas business, with Europe emerging as a key market despite rising geopolitical tensions and renewed global tariff concerns. Ceat MD and CEO Arnab Banerjee said its international business gives better profit margins than tyres sold to consumers as replacements or to car […]

Shadowfax raises Rs 856cr from anchors

BENGALURU: Logistics firm Shadowfax Technologies has raised Rs 856 crore from anchor investors, a day before its IPO opens for public subscription, according to a stock exchange filing. The company allotted 6.9 crore equity shares to 39 anchor investors at Rs 124 each, the upper end of the IPO price band.Domestic mutual funds accounted for […]

Wanted: Fresh graduates with AI, data skills

BENGALURU: Volume hiring is giving way to skills-led recruitment as tech firms narrow fresher intake to specialised roles. Even as entry-level hiring slows, companies are offering packages ranging from Rs 16 lakh to Rs 55 lakh for niche fresher roles, underscoring how skills are increasingly trumping volume. Firms are wooing select freshers with higher pay […]

AI or die moment for companies and governments: India positioned to benefit, says global expert

Embracing artificial intelligence is no longer optional but a matter of survival for individuals, companies and governments, and India appears to be moving in the right direction, said Jack Hidary, CEO of SandboxAQ, at the World Economic Forum (WEF) Annual Meeting.“It’s time to embrace AI or die,” Hidary told PTI, outlining his central thesis that […]

Markets regulation: Sebi proposes ‘Significant Indices’ framework; aims to tighten governance of index providers

The Securities and Exchange Board of India on Monday floated a proposal to introduce a regulatory framework for ‘Significant Indices’, a move aimed at strengthening governance standards and improving transparency among index providers in the securities market, PTI reported.In a consultation paper, Sebi defined ‘Significant Indices’ as those administered by an index provider and used […]

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