A recent report by Infosys Knowledge Institute, the research arm of Infosys, reveals that 73% of enterprises have integrated artificial intelligence (AI), including generative AI, into their marketing strategies, with 52% of these deployments achieving measurable business value. The report, titled CMO Radar 2024, highlights the growing influence of AI-fluent chief marketing officers (CMOs) in
A new survey by EY India indicates that nearly 70% of Global Capability Centres (GCCs) in India are investing in generative AI (GenAI). The EY India GCC Pulse Survey 2024 gathered insights from 88 GCCs across various industries, revealing that 78% of these centres are upskilling their teams to adopt GenAI, while 37% are piloting
As negotiations on the review of the Asean-India Trade in Goods Agreement (AITIGA) continue, in the coming round of talks the Indian side may seek an interim mechanism that provides protection to the sectors that are most impacted by the surge in imports from the 10-nation bloc, a senior official said. “We may seek some
The newly-listed jewellery company PN Gadgil has seen December quarter sales start off on a strong note, growing 25% year-on-year during Dussehra and Diwali, Group CFO & executive director Kiran Firodiya said in a conversation with FE on Wednesday. The company closed the September quarter of FY25 (Q2FY25) with revenue of Rs 2,001.31 crore, a
Finolex Cables (FCL) reported a 12% year-on-year decline in net profit to Rs 146.1 crore for the September quarter. Revenues for the quarter grew 10% to Rs 1311.7 crore. A steep fall in copper prices from mid-May 2024 resulted in destocking by customers, which continued till August. Consequently, the selling price had to be adjusted
The Department of Electronics, information technology & biotechnology, Government of Karnataka, is set to organise the Venture Capital Connect, a three-day event aimed at connecting startups with investors as part of the Bengaluru Tech Summit 2024 (BTS 2024), scheduled from November 19-21, 2024. The programme is expected to attract over 50 prominent global investors, including
Vodafone Idea net loss has widened sequentially in the September quarter by Rs 743.8 crore to Rs 7,175.9 crore, due to a significant increase in interest and finance cost, and a dip across most key performance indicators. Losses stood at Rs 6,432.1 crore a year ago. This was despite a 4% sequential rise in revenue
As wedding bells ring louder across Delhi, so do the car horns stuck in bumper-to-bumper traffic. The city is bracing for a season of grand ‘band, baaja, baraat’ — and the chaos that comes with it. With 4.5 lakh weddings set to take place over the next three weeks, expect roadways to transform into impromptu
Systematic Investment Plans (SIPs) have gained immense popularity among investors today. Mutual fund SIP investments in November remained above Rs 25,000 crore for the second consecutive month, AMFI data on month-wise SIP contributions showed. SIPs offer numerous advantages that appeal to both novice and seasoned investors. With SIPs, you can invest in mutual funds while
To boost productivity and foster inclusive growth, the Confederation of Indian Industry (CII) has recommended that the government prioritise employment generation as a central theme in the Union Budget for FY26. The CII has suggested the introduction of an integrated National Employment Policy (NEP), which would consolidate various employment-generating schemes currently being implemented by multiple
SBI Special FD Scheme: The State Bank of India (SBI) has launched a special fixed deposit (FD) plan called ‘SBI Patrons’ for super senior citizens—individuals who are 80 and above. Under the ‘SBI Patrons’ scheme, available to both existing and new FD investors, the bank will offer super senior citizens an interest rate of 10
Page Industries Limited, the licensee for Jockey and Speedo, on Monday announced the appointment of Karthik Yathindra as the Chief Executive Officer, effective 01 April 2025. He has been associated with the company for over nine years and has held several leadership positions, overseeing areas of sales, retail, product, marketing and supply chain. In a
The construction activity, primarily for road players, was impacted by the model code of conduct in Q1FY25 and an elongated monsoon period, along with milestone-based billing (against monthly billing till March 2024) in Q2FY25, stated a report by ICRA. The impact is reflected in the modest revenue growth of approximately 1.5 per cent in year-on-year
