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Why Unit Linked Insurance Plans are reshaping how India saves India’s insurance sector is witnessing a steady shift, with premiums hitting a total of Rs 7.05 lakh crore in FY25. This figure reflects growing participation in structured financial protection and long-term planning. More importantly
A Harvard study reveals advanced AI models, like OpenAI's o1, can outperform doctors in diagnosing patients and planning clinical management, particularly in emergency scenarios.
Bluspring Enterprises, one of the leading infrastructure management services companiess in India, is eyeing a 3x growth over the country’s GDP growth rate, and has laid out ambitious growth plans to achieve the goal.
After on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an internal round of approximately Rs 375 crore from existing backers such as Temasek, which is a common investor across both companies, as per people in the know.
Spirit Airlines' closure and soaring jet fuel costs pose challenges for Indian IT services firm Coforge. Analysts warn of wider implications for the Indian IT sector as airlines face financial distress. Coforge, with a significant travel portfolio, is closely watched. The ongoing geopolitical situat
Input cost hikes, fueled by the West Asia conflict, are forcing direct-to-consumer brands to adapt. Companies are shifting packaging, introducing larger or higher-priced variants, and accelerating supply chain localization to manage surging costs and protect margins. This strategic reevaluation impa
India's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Companies like Tata Consultancy Services, Infosys, HCLTech, and Tech Mahindra reported growth. This trend suggests a move away from headcount-based revenue models. Th
Tata Electronics is rapidly expanding its semiconductor and electronics manufacturing operations. The company has achieved significant revenue growth and is now profitable. With ambitious plans, it aims to become a $30 billion business in the next five years. Tata Electronics is building India's fir
Skyroot Aerospace is on the cusp of launching India's first privately built orbital rocket, Vikram-1, from Sriharikota within weeks. This crucial test flight aims to gather data for future commercial missions, carrying diverse payloads. Leveraging ISRO's infrastructure, a successful launch will posi
Samsung Electronics has appointed a new head for its TV division. This leadership change comes as the company faces intense competition from Chinese manufacturers. The new head is expected to bring new ideas to the TV business. Samsung's TV profits have recently declined due to market challenges.
GameStop has launched a $55.5 billion takeover bid for eBay, aiming to transform the online marketplace into a formidable competitor to Amazon. The offer, valued at $125 per share, includes a mix of stock and cash, representing a significant premium.
North Korea has vehemently denied US claims of cybercrimes funding its weapons programs, labeling them 'absurd slander.' Washington alleges Pyongyang has stolen billions in virtual assets, a crucial revenue stream amid sanctions. The US Justice Department has prosecuted individuals involved in this
A New Mexico trial could force Meta to overhaul its social media platforms. The state accuses Meta of addicting young users and failing to protect children. A judge may order sweeping changes, potentially leading Meta to leave the state.
GalaxEye is set to launch commercial sales of satellite imagery from its new Mission Drishti satellite in eight weeks. Defence and security agencies are anticipated to be the primary customers. The company's satellite combines advanced radar and multispectral sensors. This move signifies a significa
