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The private sector traditionally finds its competitive advantage in operations, not in development or high-risk projects constrained by state capacity and politics

Public-private partnership, PPP

Business Standard

Maharashtra minister and BJP leader Nitesh Rane on Thursday claimed the emergence of "corporate jihad" in the state, and said giving preference to hiring only Hindu candidates was the "need of the hour" to prevent "jihadist activities".
His remarks were in reference to the alleged attempts to religious conversion and sexual harassment that have surfaced in a BPO unit of the Tata Consultancy Services (TCS) in Nashik.
Police have arrested eight employees of Tata Consultancy Services (TCS), including seven men and a female operations manager. Another female employee is absconding. The National Commission for Women on Wednesday said it has set up a fact-finding committee to probe the alleged incidents of sexual harassment of employees.
Referring to the TCS case in Nashik, Rane alleged that jobs were being misused as a tool for religious conversion.
"If every platform, from trade to corporate offices, is used to target Hindus through various forms of jihad, it is time for a firm respons

Nitesh Rane

Press Trust of India

A high-level inter-ministerial body, AI Governance and Economic Group, headed by Union IT Minister Ashwini Vaishnaw, has been constituted to steer the country's national AI governance strategy, an official statement said on Thursday.
AI Governance and Economic Group (AIGEG) will coordinate policy across ministries, departments and sectoral regulators and oversee cross-sectoral governance issues.
"The AIGEG will operate as the apex inter-ministerial body within India's AI governance institutional framework. It will be supported by a Technology and Policy Expert Committee (TPEC), which will offer expert advisory to the AIGEG on global developments, emerging technologies, risks, regulation and other evolving priorities relating to AI policy and governance," the statement said.
The inter-ministerial body will be chaired by the union electronics and IT minister Ashwini Vaishnaw whose portfolio spans railways and Information and Broadcasting.
Minister of State for Electronics and IT Jiti

Ashwini Vaishnaw

According to reports, the right winglet of the SpiceJet aircraft was damaged, while the left-hand horizontal stabiliser of the Akasa plane was struck in the collision

Spicejet

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.63 per cent and 0.83 per cent higher, respectively

Bonds, Stock markets, Shares, Trading

The buyback price is 19 per cent higher than the stock's closing price on Thursday's of Rs 210.15 per share on the NSE.

Wipro

Here are the best of Business Standard's opinion pieces for today

Illustration: Binay Sinha

US President Donald Trump signalled his own openness to more talks earlier Monday, saying good people from Iran had reached out

US, Iran

Bloomberg

Farley warned of national security risks from allowing technology-laden Chinese vehicles to navigate US roads

Jim Farley, Ford

An immediate instinct is to turn inwards and seek self-reliance. But the world, and certainly India, is too dependent on other countries for that to be an effective strategy

Policy must now assume depoliticised global trade is over, with US-led politicisation meaning no country treats globalisation as an end

US President Trump is trying to choke off the country's lifeline with a blockade of the Strait of Hormuz; but the Iranians are betting that his tolerance for political pain is limited

LPG tankers, Strait of Hormuz, tanker, LPG ships

When Indian businesses found themselves caught in the West Asia war, Business Standard reporters travelled to many hubs across the country,

In this session, Ankur Gupta from LinkedIn talks about automation, and provides career tips.
Note: The opinions expressed are those of the speaker and do not represent the employer or any company

After passing the Women’s Reservation Act in 2023, why is the 33% quota for women still not implemented? With the Union Cabinet clearing new Bills ahead of Parliament’s April 16 session

The Uttar Pradesh government has hiked minimum wages across worker categories following unrest in Noida, with revised rates coming into effect from April 1 retrospectively.

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