In a world where hustle culture often dominates, Mahindra Group Chairperson Anand Mahindra’s perspective stands out as a refreshing counterpoint. Reacting to L&T Chairman SN Subrahmanyan’s recent suggestion that employees should work 90 hours a week and even on Sundays to stay competitive, Mahindra offered a measured and thoughtful response. “I don’t want it to
Avenue Supermarts Ltd, which operates the retail chain DMart, on Saturday announced its fiscal third quarter earnings report with profit at Rs 723.72 crore, posting a growth of 4.79 per cent in comparison to Rs 690.61 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 15,972.55 crore for the
EPFO Update: Private sector employees covered under the EPFO have long been demanding an increase in their minimum pension, which is currently fixed at Rs 1,000 per month. Adding to their 7–8-year struggle to present their case to the government, a delegation of EPS-95 pensioners met Finance Minister Nirmala Sitharaman on January 10 to push
RIL, Jio Q3 Earnings Announcement Key Dates, Where to Watch Live Streaming: Mukesh Ambani led-Reliance Industries Ltd (RIL) will announce its fiscal third quarter earnings next week on January 16 (Thursday). The conglomerate will hold its board meeting to consider and approve the standalone and consolidated financial results for the third quarter of FY25 and
Indore-based TaskUs, a leading BPO and digital transformation services provider, abruptly fired over 300 employees without prior notice, sparking widespread outrage. A video of distressed employees addressing the company staff has gone viral on social media. In the video, employees accuse company representatives of mistreating them and even laughing while delivering the layoff news, further
Larsen & Toubro chairman SN Subrahmanyan’s comments on a 90-hour working week have sparked outrage with a host of his peers in corporate India criticising the idea of working inordinately long hours. CEOs took to Twitter and television on Friday to express their reservations on the remarks by Subrahmanyan, who has exhorted L&T employees to
With 400 million people in attendance, and manifold eyeballs on it, the Maha Kumbh is gargantuan not only in human presence, but in business opportunity as well. The figure is Rs 2 lakh crore to be precise, put forth by Uttar Pradesh chief minister Yogi Adityanath on Wednesday. This makes the event a pitching ground
Funds raised from the capital markets, including via equity and debt instruments, are expected to rise nearly 21% year-on-year to Rs 14.27 lakh crore in FY25, Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch said on Friday. Total capital formation has reached Rs 10.7 lakh crore so far this fiscal, with Rs
The stock market is on edge after the US President Donald Trump announced new tariffs on Indian imports. Some sectors are set to gain, while others may feel the heat. Pharma stocks look steady, IT is facing pressure, and export-driven industries could see big swings. Apart from this, the latest corporate moves, major investments, and
Go to Live UpdatesSensex Nifty Today | Stock Market Live Updates: Markets are on the edge. The Reciprocal Tariff announced by US President Donald Trump triggered a massive selloff in the US Markets as it sparked recession fears. The US Indices- Dow Jones, S&P 500 and Nasdaq clocked their biggest single day losses in 5
Value investing, a term coined by Benjamin Graham, is a widely used concept in the global investment landscape. The concept often focuses on buying stocks and trading at low valuations, making such stocks attractive to investors looking for growth at a reasonable price, with a margin of safety. However, they require some catalysts, such as
Quarterly transactions in the office market reached a historic high of 28.2 million square feet in the January-March period, shows a Knight Frank report. Global capability centres (GCCs) were the largest consumers of office space during the period, accounting for 44% of the total transaction volume. A resurgence in demand from the third-party IT services
The reciprocal tariff of 27% will jack up customs duties faced by Indian exporters of studded and gold jewellery in the US to 32-34%, including 5.5-7% extant tariffs. Diamond products which currently do not have any tariffs, will cost US importers a 27% import duty. Sabyasachi Ray, Executive Director of the Gems & Jewellery Export
