Sector rotation refers to selling shares or funds that are invested in one sector and use the money to re-invest into another sector. This strategy helps investors to capitalise on a change in economic conditions and the anticipated performance of those sectors in specific stages of the economic cycle will lead to higher returns. This […]
Mitsubishi Electric India has opened its new manufacturing facility for advanced factory automation systems in Talegaon Industrial area, Maharashtra, India. The facility is spread across 40,000 sqmt with an initial built-up of 15,400 sqmt, backed by a greenfield investment of Rs 220 crore. This investment Mitsubishi Electric says reinforces its commitment to strengthen its business […]
Newly elected MLAs of the Bharatiya Janata Party in Rajasthan are set to assemble in Jaipur on Tuesday for a meeting to formally elect the next Chief Minister of the state. The meeting is scheduled to begin at 4 PM at the BJP state office and will witness the presence of Defence Minister Rajnath Singh […]
National Skill Development Corporation (NSDC) and Bajaj Finserv and All India Council for Technical Education (AICTE) and Bajaj Finserv exchanged two MoUs in the presence of Dharmendra Pradhan, Union Minister for Education and Skill Development and Entrepreneurship to offer a Certificate Programme in Banking, Finance and Insurance, as per the official announcement. Atul Kumar Tiwari, […]
While the New Tax Regime heralds a new era for India, the Old Tax Regime continues to retain popularity among taxpayers by a margin, reveals a Policybazaar Survey. The Old Tax Regime emerged as the clear preference as 63% of respondents opted for it. In an attempt to gauge India’s investment mindset, Policybazaar.com recently conducted […]
The notion that a child actor could be the wealthiest in India, boasting a net worth of Rs 8 crores, is nothing short of astounding. The Indian film and television industry, a powerhouse of entertainment on a global scale, has seen unprecedented growth, with the film sector alone surging to over Rs 172 billion in […]
German tier 1 supplier Continental has announced a collaboration with Synopsys to accelerate the development and validation of software features and applications for the Software-Defined Vehicle (SDV). The new collaboration will integrate Synopsys’ virtual prototyping solutions for virtual Electronic Control Units (vECU) within Continental’s Automotive Edge (CAEdge) cloud-based development framework. The results are digital twin […]
Edelweiss on Thursday issued a statement denying all the allegations regarding the group’s involvement in Mahadev App, a Mumbai builder, and business dealings with Dawood Ibrahim’s brother Mutaqeem. In a statement released by the company on December 14 evening, the group stated “Edelweiss has no financial relationships with JP Infra Mumbai, JP Infra India Pvt. […]
iQOO 12 5G has officially launched in India today, per schedule. As largely expected, iQOO is beating OnePlus, Samsung and virtually every other Android phone maker in launching the country’s first smartphone with the brand new Qualcomm Snapdragon 8 Gen 3 processor. The iQOO 12 also becomes the first non-Pixel smartphone in India to ship […]
By Ashok Pandey The International Monetary Fund (IMF) made a significant projection on December 4 – that the country will become a $5-trillion economy with the third largest GDP by 2027-28. This milestone will be achieved within the transformative years of the Amrit Kaal, but for the Amrit Kaal (2022-47) to succeed, we need to […]