Karnataka CM Resigns: DK Shivakumar Takes the Mantle
Is it the end of an era for Siddaramaiah in politics? “My entry into politics was accidental, because no one from my family was ever in politics. I had never dreamed that one day I would become an MLA, a minister, the chief minister, or the leader of the opposition,” stated Siddaramaiah while submitting his…
Hindalco Industries Expects India’s Copper Self-Reliance
Hindalco Industries has indicated that India will be able to stop relying on imported copper as early as this year, with the introduction of new smelters and recycling facilities. According to the Managing Director, Satish Pai, there is ample opportunity for domestic production capacity to expand and provide greater access to recycling, thereby significantly boosting…
X Empire Riddle of the Day: Smart Hacks to Earn
Stuck on Today’s Riddle and looking for Answers? In all honesty, you opened the game, saw the riddle, and thought to yourself: “What does this question even mean?” You’re not alone in this rat race. Thousands of players search for the X Empire riddle of the day, daily trying to crack the code. But, if…
BofA India Settles SEBI Insider Trading Probe
Bank of America’s Indian investment banking arm has reached a settlement with market regulator SEBI to resolve accusations of insider trading and merchant banking rule violations. The Securities and Exchange Board of India issued a settlement order, which BofA Securities India accepted by paying ₹58.5 lakh to resolve the matter without admitting or denying the…
PNB Boosts Cybersecurity Budget Amid Rising AI Threats
India’s Punjab National Bank (PNB) is increasing its spending on cybersecurity and speeding up the purchase of new technology to protect itself from growing digital threats. These now include risks from advanced artificial intelligence systems such as those developed by Anthropic. On Tuesday, a senior official from PNB Bank said that they have set aside…
India’s Food Delivery Market Hits Another Growth Spurt
The Indian food delivery market is entering its biggest growth period to date. This time around, the main drivers are not new customer acquisition but frequent reorders, new market penetration, especially in tier-2 cities, and an increased Average Order Value (AOV), as per a report by Investec. The sector was valued at around $9.1 billion…
A Complete Guide on Which FD is Best for Smart Investing
If you are new to the investing world with zero clue of what, where or when to invest, especially when it comes to choosing the right fixed deposit. Or simply trying to figure out which FD is actually worth your time or money? You are not alone in the rat race of securing your future….
How Leaders Build Differentiation and Resilience in Competitive Markets
The contemporary business environment is very competitive. Customers have a decision to make, technology changes overnight, and competition comes from the most unexpected directions. Strategic differentiation is not sufficient in this competitive environment; the real game is the ability to be deeply differentiated and resilient, it is the ability to survive, adjust and endure the…
Leadership Lessons from Nikhil Kamath
Nikhil Kamath wanted to bridge a recalcitrant divide in a nation where financial services previously were the preserve of the privileged: access to finance, markets, information and trust. The investing climate in India had been intimidating with its high charges, lack of transparency and culture which suggested that only insiders could create wealth. The journey…
Nestle India’s profit increased on strong demand
Due to increased interest in their packaged food products, Nestle India’s profit increased significantly compared to last year. Net profits for the quarter ending March 31, 2016, was ₹11.14 billion up from ₹8.85 billion for the same quarter one year earlier 26% revenues for the March quarter grew 23% to ₹67.485 billion also indicating the…
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