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Nearly 93 per cent of Indian organisations surveyed expect positive returns on their AI investments in less than three years, underlining the rising confidence of businesses in value and potential of Artificial Intelligence, according to SAP Value of AI Report 2025. Driving the AI momentum, businesses across the country are investing an estimated USD 31 million in AI this year - ahead of global average - with focussed spending on software, infrastructure, talent, and consulting, SAP said. "Indian businesses are investing USD 31 million in AI across IT, infrastructure, talent, and consulting, ahead of the USD 26.7 million global average," said the report released by enterprise application software and business AI firm. Unveiled at SAP's flagship event, TechEd 2025, the Value of AI Report 2025, in collaboration with Oxford Economics, surveyed 1,600 senior business leaders across eight countries, including 200 respondents from India, according to a release. The AI adoption study relea
Seven NDA-ruled states are pushing for reforms on the lines of the Jan Vishwas Act, which de-criminalises minor offences by replacing prison terms with fines, to make investment climates more predictable and business-friendly, officials said on Friday. This year, the seven states, including Maharashtra and Madhya Pradesh, passed their own legislations or promulgated ordinances on the lines of the Jan Vishwas Act, making it the largest coordinated deregulation push undertaken at the state level to date, they said. "Together, these reforms represent a structural shift toward trust-based governance, cutting down on criminalisation for routine, technical, or procedural non-compliances," the officials said. They said the combined effect of the states is expected to boost entrepreneurship, reduce litigation, provide regulatory clarity and make state-level investment climates more predictable and business-friendly. Maharashtra has approved the Jan Vishwas Ordinance, 2025, amending seven .
Vedanta's second-quarter results met street expectations on robust operational performance, with analysts viewing the miner as well-positioned to benefit from the commodity rebound while advancing its deleveraging strategy. Brokerages Nuvama, Citi, ICICI Securities and Investec maintained a strong bullish stance on metals and natural resources major Vedanta Ltd. They cited factors such as Vedanta Resources' leverage being at comfortable levels, potential medium-term upside in aluminium on the London Metal Exchange (LME), volume growth, likely lower costs, and the likely completion of the demerger process as reasons for the bullish call. Nuvama said Vedanta's focus on demerger and delivery is on the verge of paying off, supported by tailwinds from commodity prices. The brokerage expects this to contribute to higher third-quarter earnings. "Q3 FY26 EBITDA is likely to jump 20 per cent QoQ led by higher prices, volume, and lower aluminium cost of production," Nuvama said. It increase
Allcargo Group on Thursday said it has appointed Punit Misra as President Chairman Office & Chief Business Officer. In this crucial role, Misra will work closely with the Allcargo Group founder and Chairman Shashi Kiran Shetty to strengthen institution-building efforts and driving the long-term sustainability of businesses for the benefit of all stakeholders, the company said. He will report to Shetty and will be based out of Mumbai, it stated. Misra will also collaborate with the broader leadership team of the company and oversee strategic goals, drive value creation, and provide a broader perspective to business decision-making, it stated. "His vast experience in driving growth and shaping strategies across renowned conglomerates adds immense foresight and strategic depth to our leadership team. "His experience will further elevate governance standards and enhance strategic focus, ensuring business continuity with a long-term outlook. Punit will work closely with me and our ...