Business News

Business

ITC Hotels Aims for Accelerated Growth Post-Demerger: A New Era Begins

ITC Hotels, post its demerger from the parent group, is focusing on accelerated growth with plans to expand to 200 hotels by 2030. The company is shifting towards a higher proporti...

Business

Pharma and Med-Tech Industries Push for Government Incentives to Fuel Research and Innovation

The pharmaceutical and medical technology sectors are urging the government to allocate 10% of the National Research Fund to life sciences and reinstate 200% weighted deductions fo...

Business

Tata Capital Successfully Raises $400 Million in Its Inaugural Dollar Bond Offering

Tata Capital has made a significant entry into the international bond market by successfully raising $400 million through its first USD bond issuance. The 3.5-year tenor bond, with...

Business

December Sees a Surge in Wholesale Inflation to 2.4%, Driven by Manufactured and Non-Food Items

In December, wholesale inflation in India surged to 2.4%, driven by higher prices of manufactured goods and non-food items. Despite a slight ease in food inflation, vegetable price...

Business

HCLTech CEO Predicts IT Hiring Won't Match Business Growth, Highlights Shift Towards Skilled Professionals

HCLTech CEO C Vijayakumar discusses the changing dynamics of IT hiring, emphasizing the need for skilled professionals over increased headcount. He also highlights the impact of ge...

Business

E-commerce Dominates as Premier Paymaster in 2024: A New Era of Digital Economy

In 2024, the e-commerce sector has emerged as the top paymaster, offering the highest salaries across various industries. This shift is driven by increased internet usage, the entr...

Business

Microsoft Pauses Hiring in US Consulting Unit Amid Cost-Cutting Measures

Microsoft Corp. has announced a temporary hiring freeze in its US consulting unit as part of its cost-cutting strategies. Employees are encouraged to use virtual meetings to save o...

Business

JSW Steel Cleared in Coal Block Case: A Legal Victory Amidst Controversy

JSW Steel Ltd has been discharged by a court in a case related to alleged irregularities in coal block allocation, marking a significant legal victory. The decision follows the app...