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economictimes.indiatimes.com / 2 years ago
economictimes.indiatimes.com / 2 years ago
economictimes.indiatimes.com / 2 years ago
BJP's Assembly poll victories acknowledgement of Modi's tremendous work: CM Eknath Shinde
BJP's stellar performance in the recent Assembly polls is an acknowledgement of the tremendous welfare work Prime Minister Narendra Modi's government has done for the people in nine years, Maharashtra Chief Minister Eknath Shinde said on Saturday. In Assembly polls held in five states between November 7 and 30, results of which were declared on December 3, the Bharatiya Janata Party retained power in Madhya Pradesh emphatically and unseated the Congress in Rajasthan and Chhattisgarh.
It got more seats than the AIMIM in Telangana and stood victorious on two seats in Mizoram.
Speaking at a 'Viksit Bharat Sankalp Yatra' event here, Shinde said, «Modi has done in the last nine years what other governments have not been able to do in last 50-60 years.
We saw a Modi wave in the recent Assembly polls. People trust Modi's guarantees.»
We are proud of achievements under Modi rule, Shinde said, adding the endeavour was to ensure benefits of the Centre's welfare schemes reach every beneficiary.
Shinde said his government had started a cleanliness drive in Mumbai.
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- Madhya Pradesh
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K Chandrasekhar Rao elected BRS Legislature Party leader in Telangana
Decision on next Madhya Pradesh CM likely on Monday after BJP observers meet party MLAs
Akbaruddin Owaisi takes oath as protem Speaker of Telangana Assembly
Top Congress brass reviews poll defeats in Chhattisgarh, Madhya Pradesh
- Earlier in the day, the CM visited Juhu beach, Nehru Road in Vile Parle East and some other suburban areas to check on how the initiative, which involves washing of roads to curb air pollution, is progressing. He also visited a housing society in Kandivali East for a cleanliness
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How chronic illness became a starting point for artistic alchemy for Koshy Brahmatmaj
Subscribe to enjoy similar stories.Pain is invisible; the sufferer has to make noise for it to be acknowledged, treated or accepted. Mumbai-based artist Koshy Brahmatmaj, 34, lives with chronic endometriosis, a painful condition that afflicts millions of women around the world.
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Even at $5 trillion, Nvidia is underappreciated
Subscribe to enjoy similar stories.Nvidia is no longer the only AI chip game in town. But it is the largest by far, and the likelihood that it will be that way for the foreseeable future should count for something.It hasn’t counted for much lately.
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RK Swamy bets on integrated advertising model as global agency giants split media and creative
Subscribe to enjoy similar stories.Homegrown advertising group RK Swamy Ltd is betting on its integrated marketing model to drive growth over the next few years, combining media, creative and other advertising services even as the ‘Big Four’ agency networks increasingly separate those businesses.“We never did disaggregated media and creative [although] that was an option 20 years ago,” Shekhar Swamy, MD and group CEO of RK Swamy Ltd told Mint in an interview.“How can you disaggregate the two? The media function holds a lot of data, and then when media and creative walk separately, it creates a lot of tension. This is not a sensible model for a client.”RK Swamy’s clients include Magicbricks, Polycab, and several government institutions and PSUs such as LIC.The company reported a 15% jump in annual revenue for FY26 to ₹351.73 crore, while profit before tax and exceptional items rose 30% year-on-year to ₹32.2 crore.
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21.05 / 09:47
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FPIs exit Korea & Taiwan: Is India ready for the flow rotation?
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PI Industries’ weak core business keeps investors on edge
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Forensic audits support corporate-fraud probes and IBC cases but still lack enforceable standards
Subscribe to enjoy similar stories.Forensic audits have gained significance in today’s world of business as they serve as a useful tool for commercial lenders to investigate fraud by borrowers and/or identify other deep-seated financial irregularities. Forensic auditors are also employed by resolution professionals to report on preferential, undervalued, fraudulent and extortionate (‘PUFE’) transactions for adjudication under India’s Insolvency and Bankruptcy Code (IBC). While there is no single universal definition, several globally recognized organizations have provided widely accepted definitions (and norms) of forensic auditing.
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Why Dixon, Syrma and Kaynes are moving beyond smartphones: margin pressure
Subscribe to enjoy similar stories.MUMBAI: India’s listed electronics manufacturers are under pressure to defend profitability as the mobile-phone assembly boom slows, prompting a shift towards higher-value industrial electronics.Investors remained jittery through the last fiscal, driven by concerns that slowing consumer sentiment could weigh on the rapid growth that electronics manufacturing services (EMS) firms have delivered so far.In an interview with Mint, Jasbir Singh Gujral, managing director of Syrma SGS Technology Ltd, India’s second-largest listed EMS firm, said, “We’re increasingly looking to capture a larger chunk of contracts from defence, aerospace and med-tech verticals, all of which represent opportunities for original design manufacturing, and also bring significantly higher margins. We’ve already started this transition, and we plan to do more of it this fiscal.”Beyond mobile phones and laptops, EMS firms are expanding into smart metres for electricity boards, aerospace and defence subsystems, railway safety instrumentation, printed circuit boards and display assemblies, and medical devices deployed in hospitals.India’s annual mobile phone shipments have remained subdued since the covid-19 pandemic, with industry estimates pointing to a single-digit decline this calendar year from 152 million smartphones shipped last year.The margin pressure driving this shift is increasingly visible.In FY26, Syrma SGS reported an operating margin of 7.1%, up 2.3 percentage points.
