Page 29 - Indian Companies

Digital divide may affect possibility of improvements for Indian companies

Smaller businesses in India are least likely to have a key marker of digitisation, such as a website, according to the recent "State of India's Digital Economy 2024" report from ICRIER

Indian consumers look for AI services but fear unethical use of data: Adobe

Although currently lagging, 76 percent of Indian brands already have or will adopt generative AI solutions within the next 12 months, Adobe noted in its report

Unleashing govt's procurement power

As a consumer, the government can play a crucial role in unlocking the potential for innovation in Indian companies

PFRDA eases business processes with simplified trustee appointments

NPS Trust has been established by the PFRDA for taking care of the assets and funds under the NPS

ATR sees India as its biggest market in 10 years as air travel demand soars

ATR, a joint venture between Airbus and Leonardo, currently has around 1,400 aircraft operating globally

Tailwinds may support momentum in residential space: Brigade Enterprises MD

Shankar talks about the company's strategic business initiatives, meticulous product development, and expansion plans

Whirlpool promoter likely to sell 24% equity stake through block deals

Total deal size may range between Rs 2,337 crore and Rs 3,739 crore

Strong Q3 performance stokes more upgrades than downgrades, shows data

Analysts raised 2023-24 (FY24) earnings estimates for 49 per cent of 162 companies

Meta to introduce deepfake helpline on messaging platform WhatsApp

The helpline, expected to be available for public use next month, will allow users to flag deepfakes by alerting a dedicated WhatsApp chatbot

Bidding pipeline in West Asia remains very strong: Larsen & Toubro

Analysts tracking L&T noted the company was an L1 bidder for a $2.5 billion contract related to this expansion project

Tata CLiQ to have a bigger pre-owned luxury basket: CEO Gopal Asthana

In addition, with the growing influence of Western fashion trends and the rise of disposable income, consumers are looking at buying exclusive pieces easily available

Adani group in talks with sovereign funds to raise up to $2.6 billion

Group plans to fund airport expansion, green hydrogen biz

AI can be 'Fastag' for India's growth: Google India head Sanjay Gupta

It can break barriers to information accessibility, says Google V-P Sanjay Gupta

Encouraging signals

Q3FY24 results show private capex and rural demand improving

Margin gains propel India Inc's Q3 profit despite revenue slowdown

The combined earnings were, however, up only marginally from Rs 3.15 trillion reported in Q2FY24 as well Q4FY23

A breather for Paytm Payments Bank? What RBI's FAQs for customers indicate

The company is shifting its nodal account to Axis Bank to continue merchant settlements

'We are doubling down on artificial intelligence,' says IBM's Sandip Patel

We are doubling down on AI. IBM is not new to AI. Rather, it has always been a part of our portfolio. We were working with different AI models, such as data analytics and so on

What next for Zee Ent: The answer will only unfold in the coming months

But just getting margins back to 20 per cent does not address the real, structural changes in the market that made this merger imperative

E-commerce giant Amazon exports from India crossed $8 billion in 2023

Highest-growing categories include toys, beauty products, furniture, and luggage

Strong auto business likely to offset tractor slowdown for M&M stock

The auto business is expected to be the growth driver for the next two years due to a healthy order backlog and new launches