Page 246 - Latest News
'India can test AI with a billion people, be a gateway to Global South'
Indian diaspora has moved up the management and investment stack with every technology cycle. AI, says MR Rangaswami, is no different - but the disruption this time will spare no one, not even doctors
 "'India can test AI with a billion people, be a gateway to Global South'")
RIL's Jio Platforms ready with DRHP; 2.5% stake may be offloaded via OFS
At $125 billion valuation, IPO size set to be over $3 billion
 "RIL's Jio Platforms ready with DRHP; 2.5% stake may be offloaded via OFS")
4 IITs, JNU, BITS Pilani among world's top 50: QS World University rankings
India doubles its top-50 subject rankings in QS list, with IITs, JNU and BITS Pilani leading gains across engineering, technology and management disciplines
 "4 IITs, JNU, BITS Pilani among world's top 50: QS World University rankings")
Delhi HC pauses DRL's Olymviq rollout as it sounds similar to Ozempic
Court flags phonetic similarity with Novo Nordisk's Ozempic, directs Dr Reddy's to halt expansion amid trademark dispute over diabetes drug branding
 "Delhi HC pauses DRL's Olymviq rollout as it sounds similar to Ozempic")
Elevated construction costs may put pressure on developers' margins
Rising construction costs, supply disruptions, and labour pressures are squeezing developers' margins, even as demand resilience and tech-led efficiencies help cushion the impact
 "Elevated construction costs may put pressure on developers' margins")
GST reforms have boosted economy, says FM Sitharaman in Lok Sabha
Sitharaman says rise in auto sales, tractors and cement output shows GST rate cuts supported demand, even as concerns remain over uneven price transmission
 "GST reforms have boosted economy, says FM Sitharaman in Lok Sabha")
Rupee hits new low on dollar demand from maturing NDFs, month-end flows
Currency weakens to record closing low amid importer demand and NDF pressures, with central bank intervention helping prevent breach of the 94 per dollar mark
 "Rupee hits new low on dollar demand from maturing NDFs, month-end flows")
India start-ups raise $9.1 billion funding as focus shifts to execution
Selective capital is backing scalable ventures, while AI-led DeepTech gains momentum as investors prioritise proven models, monetisation, and commercial readiness
 "India start-ups raise $9.1 billion funding as focus shifts to execution")
West Asia conflict: Markets rebound further as easing crude lifts sentiment
Indices advance 3.5% in two sessions; gold prices rise again
 "West Asia conflict: Markets rebound further as easing crude lifts sentiment")
RCB deal and growth outlook are positive triggers for United Spirits
Sale of RCB stake to boost cash flows and support deleveraging, while premiumisation and policy shifts underpin steady growth outlook for United Spirits
 "RCB deal and growth outlook are positive triggers for United Spirits")
Sebi proposes IT resilience index for market infrastructure institutions
Regulator seeks to standardise metrics and strengthen oversight of critical IT systems across market infrastructure institutions, including exchanges and depositories
 "Sebi proposes IT resilience index for market infrastructure institutions")
81% women lawyers find the going far tougher than men: SCBA survey
Survey highlights structural barriers, gender bias and limited opportunities, with many women lawyers reporting challenges in networking, mentorship and career progression
 "81% women lawyers find the going far tougher than men: SCBA survey")
FII's India allocation unlikely to change in the near term: Rajat Rajgarhia
For FII's, the favored markets over last two years have been countries that were beneficiaries of new age tech and artificial intelligence (AI), he said.
 "FII's India allocation unlikely to change in the near term: Rajat Rajgarhia")
IndiGo plans to build integrated campus on 4.5-acre land in Gurugram
The carrier is headquartered in Gurugram, and the unified campus will bring together the IndiGo Support Centre (ISC) and learning centres, Ifly, under one roof
 "IndiGo plans to build integrated campus on 4.5-acre land in Gurugram")
MF launches taper off in March in the midst of West Asia flare-up
Only nine equity schemes launched in March as geopolitical uncertainty and market volatility prompt fund houses to delay new offerings despite strong pipeline
 "MF launches taper off in March in the midst of West Asia flare-up")
Cabinet extends IVFRT scheme for 5 years to upgrade immigration services
Under the scheme, upgradation and expansion of core infrastructure across Immigration Posts, FRROs, and Data Centres will be undertaken to build a resilient and scalable system nationwide
 "Cabinet extends IVFRT scheme for 5 years to upgrade immigration services")
Cabinet clears new climate targets, 47% emission reduction by 2035
India raises ambition under new NDC, targets 60 per cent non-fossil capacity and higher carbon sink by 2035 while aligning climate goals with development priorities
 "Cabinet clears new climate targets, 47% emission reduction by 2035")
India ready for peak power demand, but supply, transmission risks remain
India is better prepared to meet a record 270 Gw peak power demand this summer, supported by strong coal stocks and renewables, though geopolitical tensions and grid constraints pose risks
 "India ready for peak power demand, but supply, transmission risks remain")
Best of BS Opinion: Job crisis and oil shocks converge on India's economy
Here are the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Job crisis and oil shocks converge on India's economy")
Supreme Court upholds state's right to withdraw power duty exemptions
Supreme Court overturns Bombay High Court rulings granting electricity duty relief to industries, affirming State's authority to modify fiscal exemptions
 "Supreme Court upholds state's right to withdraw power duty exemptions")