Enterprise Financial News

Getting Things Done: The Art Of Stress-Free Productivity, productivity consultant David Allen emphasised the importance of workflow, saying its purpose is not to let the brain become lax but rather enable it to move toward more efficient and productive activity. The term “workflow automation" was coined in the 1920s by mechanical engineers and management consultants Frederick Taylor and Henry Grant, who tracked and depicted work processes graphically seeking to improve efficiency.

F&O ban list: Thirteen stocks have been banned for trade on Tuesday, May 21, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, these stocks will be available for trading in the cash market.

Q4 results on May 21: At least 28 companies are scheduled to announce their FY24 fourth quarter (Q4) financial results today, on Tuesday, May 21. Also Read | Q4 results this week: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings The fourth quarter earnings season for FY24 began in April second week and is still ongoing.

Google is betting Microsoft Corp's very public cybersecurity failures — along with deep discounts — will persuade corporate and government customers to use the search giant's productivity software rather than Office.

public offering (IPO) of Awfis Space Solutions will open for subscription on May 22. The issue closes on May 27. Through the public offer, the company plans to raise around Rs 599 crore. Here are 10 things to know about Awfis Space Solutions IPO before subscribing to the issue.

ET Make in India SME Regional Summit will on May 25 enter the second city in this year’s edition. Lucknow, the city of nawabs and famous for its handicrafts, will host small businesses, industry leaders and entrepreneurs in an engaging summit conducted by the Economictimes.com.

Manish is keen to become an entrepreneur. He has worked for 25 years and has held senior management positions in large companies. He holds a large portfolio of assets, including real estate, equity, mutual funds and bonds. He is fairly confident that his business idea will scale up. His two children are currently pursuing their graduation. He is confident of funding their higher education with his savings and educational loans. What precautions should Manish take before quitting his job? Manish’s family will be used to certain expenses given their current lifestyle.

Zee Entertainment Enterprises managing director and chief executive Punit Goenka said he has not discussed his reappointment with any shareholder, even as his five-year term is set to end in December. «So, at the end of the day, it is the shareholders who will decide whether I am the right person or not, or whether somebody else needs to lead this company,» Goenka told analysts during the company's Q4 earnings call on Friday. Domestic institutional investors own a 35.56% stake in the company as of March 2024. Some of the top investors include ICICI Prudential Mutual Fund and HDFC Mutual Fund.

economic growth. The People's Bank of China has announced that it would establish a 300-billion-yuan (about USD 42.25 billion) relending facility for the government-subsidized housing project. Local state-owned enterprises are encouraged to use the funds to buy reasonably-priced commercial homes that have completed construction, Tao Ling, deputy governor of the People's Bank of China, told the media last week. Tao added that these homes will then be used to provide affordable housing.

FSN E-Commerce Ventures (Nykaa), ONGC, NTPC, Hindalco, Hindustan Copper, JK Lakshmi Cement, ITC, Sun Pharmaceuticals, and others. Also read: Week Ahead: US Fed chair speech, Q4 results, FII activity, global cues among key market triggers next week ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Deepak Nitrite, Whirlpool of India, City Union Bank, Redtape, Power Mech Projects, Triveni Engineering & Industries, Chemplast Sanmar, India Cements, KRBL, Nesco, Rolex Rings, VRL Logistics.

Red Hat sees India as among the world's high-growing markets, and the country's expanding enterprise base and technical innovation capabilities offer exciting prospects for the IBM-owned company, its CEO Matt Hicks has said. Weighing in on the larger debate of AI and its impact on tech sector jobs and salaries, Hicks told PTI that artificial intelligence, «if done well», will trigger massive value creation and spawn new industries beyond anyone's imagination. Red Hat — the enterprise open-source solutions company that IBM bought in 2019 for about USD 35 billion, marking its biggest acquisition ever — is working with a «great» foundation base in India and is at an exciting point where the company is amplifying capabilities with technology roles.

Ajay S Shriram, Chairman and Senior Managing Director, DCM Shriram Limited, opened up about family businesses and emphasised that the enterprise needs to balance its approach like trustees for the next generation. He added that family businesses are world-class due to their innovation and the supportive ecosystem in which they operate.

workspace platform Smartworks has picked up an entire tower with 14 floors of office space spread over 6 lakh sq ft in Pune’s Balewadi through a long-term lease to set up a coworking center and expand its presence in the city. The company has leased the space for a total of 15 years in an upcoming commercial tower 43 EQ close to Balewadi High Street, taking its portfolio of managed workspaces in Pune to over 3 million sq ft. “Our growth in Pune has been outstanding and this expansion aligns with our aim to empower businesses by offering them tailored office solutions to boost productivity and foster growth in a professional, fully equipped and managed setting,” said Neetish Sarda, founder of Smartworks. The company is aiming to start operations at this new co-working hub in October and once live, the hub is expected to accommodate over 8,000 desks.

global markets, the Indian stock market on Saturday opened on a positive note with Sensex reclaiming the 74,000 level and Nifty crossing the 22,500 mark. Volumes are expected to be low in the market on Saturday as it is a special trading day as part of a disaster recovery exercise. The session is divided into two parts — from 09:15 am to 10 am and 11:45 am-12:40 pm.

A new survey by Deloitte sheds light on the contrasting views between current and next-generation members of family businesses in the US, particularly regarding succession planning and risk management.

Zee Entertainment Enterprises Ltd is on track to achieving a balanced cost structure and enhancing its fiscal performance as it targets 18-20% ebitda margin by 2025-26, chief executive and managing director Punit Goenka said in an earnings call on Friday. Zee will lay off an estimated 15% of its staff as it moves to implement a leaner management structure aimed at reducing costs, the company said.

Wipro Ltd, he is relying on his trusted lieutenants to steer the ship. On 17 May, Amit Choudhary put in his papers as chief operating officer (COO) to pursue opportunities outside the organisation, as per Wipro’s release to stock exchanges.

PTI quoting Jaiswal. Jaiswal also said that the Union Territories of Jammu, Ladakh and Kashmir are an inseparable part of India and will always be, reported ANI. Earlier in the day, External Affairs Minister S Jaishankar said that the tolerance for any cross-border terrorism is very low and added," If they wind down this (terror) industry they have created, then people will treat them as normal neighbours.

ICICI Securities Ltd, Nomura, Jefferies, JPMorgan, and JM Financial to manage the issue. The company had explored an IPO in August 2023 and was looking to raise ₹2,500 crore, or about $300 million, a CNBC report at the time said. IKS Health eventually did not pursue the plan at the time.

Engineering and construction conglomerate Larsen & Toubro (L&T) on Friday said its buildings and factories business vertical has bagged multiple orders. The company has bagged a project from the Institute of Neurosciences Kolkata, for constructing a medical college and hospital campus in Kolkata on a design and build mode. This involves a 605-bed hospital and a medical college. The project is to be executed in two phases over a period of 60 months. The scope of work includes civil structure and external development works.

Six men face charges in connection with the theft of more than 400 vehicles worth about $8 million in Michigan