[ad_1] Hyperloop represents an emerging high-speed mass transit system. (AI image) India is set to construct the world’s longest hyperloop test facility, which will help evaluate the feasibility of commercial operations for this advanced transport system. The infrastructure, capable of achieving speeds up to 1,100 kilometres per hour, follows the successful completion of a 422-metre…
[ad_1] According to Osho Krishnan at Angel One, the Nifty50 index faces crucial support at 22500-22400. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex was above 74,700, Nifty50 was near 22,600. At 9:23 AM, BSE Sensex was trading at 74,742.62, up…
[ad_1] NEW DELHI: India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%, a EY report said on Wednesday.The report also said that the govt may need to strengthen revenue mobilisation, particularly by increasing the tax-to-GDP ratio from the estimated 12% in FY26 (Budget Estimates) to 14%…
[ad_1] MUMBAI: It’s now two years since Ravi Kumar took charge as CEO of Cognizant, and some metrics suggest he’s pulling the company out of the trough it had fallen into.Kumar said Cognizant has moved to the ‘middle of the stack’ among its peers, after remaining at the bottom – an apparent reference to the…
[ad_1] KOLKATA: Aditya Birla Group flagship UltraTech Cement has announced a share swap ratio of 1:52 for the acquisition of Kesoram Industries from BK Birla Group. Additionally, it announced an entry into the wires and cables business with an investment of Rs 1,800 crore. The acquisition scheme, effective from March 1, will entail an issuance…
[ad_1] Not only does fintech unicorn Cred filter out poor credit scores in shaping its user base, but it also applies the same criteria when hiring employees.Cred founder and CEO Kunal Shah, for the first time, stated that the company hires only employees with a credit score of 750 or above.He added that in cases…
[ad_1] MUMBAI: TV Narendran, managing director of Tata Steel, has sought the implementation of safeguard duties on imported steel aimed at protecting India’s steel sector from the cascading effects of tariff increases imposed by the US. “It is not that India is exporting a lot of steel to the US, but the steel which used…
[ad_1] HYDERABAD: Telangana industries and IT Minister Duddilla Sridhar Babu on Wednesday sought Union Minister and Secunderabad Member of Parliament G Kishan Reddy’s intervention in getting a vaccine testing centre to Genome Valley in Hyderabad.Speaking at the valedictory of the 22nd edition of BioAsia 2025, Sridhar Babu said: “Currently, every batch of vaccines made by…
[ad_1] MUMBAI: SBI chairman C S Setty said most banks don’t have the risk appetite to fund startups at an early stage. Nevertheless, he indicated the bank’s readiness to participate in funding from the Series B stage and beyond. “We need to work out an ecosystem where the equity support from the banking system is…
[ad_1] Officials will target recurring defaulters, examine instances showing significant variations between tax deduction and advance tax payment. (AI image) Taxpayers take note! The Income Tax Department plans to initiate a countrywide action against defaulters who have not deposited their TDS/TCS, according to officials. Based on tax deductions in FY22-23 and FY23-24, nearly 40,000 taxpayers…
