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Gartner Digital Markets recently organised the Insights Summit. The Summit was an invite-only event featuring 50 India-based SaaS leaders in the Millenium City of Gurugram, Haryana.

Tata Motors on Thursday said it plans to equip over 50 per cent of its overall workforce with new-age auto tech capabilities within five years as part of its strategy to develop skilled and future-ready staff focused on electric vehicles and other emerging technologies in the auto industry. The company, which has over 57,000 employees across different functions, has collaborated with organisations such as ARAI, Bosch, Mathworks, SAE, and Tata Technologies, among others to provide its employees with professional certification programmes in connected, electric, shared and safe (CESS) through its upskilling programme.

The dollar fell against all of its major peers before pivotal US payroll data due Friday, but strategists say the pullback may just be temporary. 

Advisors seeking access to digital assets via a regulated platform offering crypto SMAs now have a new option.

Hybrid RIA and broker-dealer firm Snowden Lane Partners has added a former duo from UBS to its New York office.

Mutual Fund Scheme and is also eligible for Long Term Capital Gain Tax with Indexation Benefit, with holding period of more than three years. Speaking on the new fund offer, Aashish Somaiyaa, CEO, WhiteOak Capital Asset Management Limited said, “Originally, Balanced Funds were supposed to be just “Balanced".

Digital payments and financial services company MobiKwik said that it has recorded a profit for the second consecutive quarter this fiscal year, and seen topline growth as it focuses on its credit strategy. For the quarter ended September 30, 2023, MobiKwik recorded revenues of Rs 208 crore, a 17% jump over the previous quarter. The company posted a total profit of Rs 5 crore for the quarter.

assembly polls in five states, the Election Commission has convened a meeting of its observers on Friday to finalise strategy for smooth conduct of the democratic exercise. The day-long meeting of EC's police, general and expenditure observers is aimed at streamlining strategy to ensure that the model code is implemented effectively and money and muscle power does not disturb the level playing field. The Commission has so far taken stock of poll preparedness in Rajasthan, Mizoram, Madhya Pradesh and Chhattisgarh.

transaction banking include evolving treasury management, with treasury becoming a strategic partner. Transaction banking is a core focus for global banks in India, with Bank of America emphasising globally consistent, locally relevant solutions, Sanchay Agrawal, India head, Global Transaction Services, Bank of America said in an exclusive interaction with ET Online's Gourab Das.

X, formerly known as Twitter, has made a significant change by no longer displaying headlines for articles shared on the social media platform, and the reason for this is 'aesthetics'. This change, implemented on Wednesday for iOS and desktop users, presents links posted on X as the featured image of the article along with the domain name, devoid of any accompanying headline. Users interested in reading the full article must now click on the image to access the content. Musk, who has been a driving force behind the recent changes on X, stated in a tweet back in August, «This is coming from me directly.

premature withdrawal and paying penalties Bank FD laddering is a technique that involves buying multiple FDs maturing in different time periods. Personal Finance experts suggest that investors seeking to invest in bank fixed deposits for a longer period may consider a ladder strategy. “The FD laddering strategy, outlined by industry experts, presents a valuable approach for optimising these investments," said Amit Gupta, MD, SAG Infotech.

By Leika Kihara

Morgan Stanley and Perella Weinberg Partners, and they concluded that an IPO was the best option for the IoT business, the company said. The Internet of Things market is focused on infusing online capabilities and sensors into appliances, cars and everyday items.

market to raise fresh capital through qualified institutional placements (QIPs), a trend being viewed as a clear indicator of the rejuvenation of the private capex cycle. During the first-half of FY24, 20 companies have together raised ₹18,500 crore through QIPs, while another dozen have already announced plans to raise up to ₹25,000 crore through this route. The Bajaj Finance board will meet Thursday to consider a proposal to raise funds. Market analysts anticipate that the company may seek to secure as much as ₹8,000-9,000 crore via QIP and an additional ₹2,000-3,000 crore through a preferential issue.

Bank stocks were among the top losers in Wednesday's trading sessions as foreign funds continued their selling spree of Indian equities. Traders were also cautious ahead of the Reserve Bank of India's monetary policy outcome on Friday. The Nifty Bank index fell almost 1%, the Nifty PSU Bank Index dropped 2.8%, while the benchmark Nifty ended 0.4% lower. «While RBI is expected to hold rates, the global factors like the rising bond yields and higher interest rates have led to negativity in the banking space,» said Andrew Holland, CEO-Avendus Capital Alternate Strategies.

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House Republicans may have shot themselves in the foot this week with the historic ouster of Speaker Kevin McCarthy but that doesn’t mean they’ll be taking their aim off the SEC.

Digital platforms fundamentally alter how business is conducted. This is particularly true for small businesses because platforms help them find potential buyers worldwide. No wonder recent unicorns like Nykaa have emerged from these online businesses. A fundamental challenge that small businesses face is that potential customers need to know that the business exists and how it is different from its competitors.

Coalition for Disaster Resilient Infrastructure (CDRI) says climate change has led to an annual average global loss in infrastructure sector to the tune of $850 billion, implying that 14% GDP (2021-22) growth is at risk. A first of its kind report released by the CDRI puts in perspective problems faced by the Global South and its poor infrastructure governance. The report has estimated that about 67% of the global value of infrastructure assets is concentrated in high-income countries. The upper and lower middle-income countries account for 25% and 7%, respectively while they carry the highest relative risk with an average annual loss estimated at 0.4%, compared to 0.1% in high income countries. The report has come out with the first-ever publicly available fully probabilistic risk model — Global Infrastructure Risk Model and Resilience Index (GIRI) — quantifying the average annual losses due to disasters. The report has analysed nine infrastructure sectors and says to achieve the sustainable development goals (SDGs) nations need to invest $9.2 trillion annually in resilient infrastructure till 2050, of which $2.9 trillion is required in developing countries alone, including India. Amit Prothi, director general of CDRI, said “the report puts CDRI on the global map with 20 global partners bringing together a unique body of evidence to unpackage the 'resilience dividend' making a compelling economic, political, and financial case to radically upscale investment in infrastructure.” This is the first Global South driven report that will influence national policies and infrastructure governance, said Kamal Kishore, member of the National Disaster Management Authority and co-chair of the executive committee of CDRI.

A sell-off in global bond markets gathered pace, driving yields to the highest level in more than a decade as traders brace for an extended period of tight monetary policy.

Honasa Consumer Ltd, the IPO-bound parent company of direct-to-consumer brand Mamaearth, has appointed Nishchay Bahl as senior vice president for the offline business. Bahl replaces Ashish Mishra, who left Honasa Consumer last month to join Parineeti Chopra-backed personal care brand Clensta as cofounder and chief business officer.