BENGALURU: Global capability centres (GCCs) in India are building a product mindset that underscores collective ownership of solutions and greater accountability. As GCCs sharpen their product management playbook, they are augmenting their product teams by offering competitive salaries for roles across entry, mid, and senior levels. Historically, product manager...
NEW DELHI: Experts have raised concerns regarding the projected fall in India’s total fertility rate (TFR) in a recent study by Lancet on global fertility rates. The study suggests that India’s TFR, or the average number of children born to a woman, has been seeing a decline over the...
NEW DELHI: Accel, the early-stage venture capital major, is planning to make investments in as many as 25 Indian startups this year, and may launch an India-focused fund in the next couple of years, an executive at the firm said. The firm had made 17 investments in 2023 and...
NEW DELHI: India’s services inflation may remain muted for next few months and will witness a pickup in second half only, economists said, thus helping curb core inflation. “There may be some more downside to services inflation, but a mean reversion or normalisation will happen in the second half...
NEW DELHI: The Insurance Regulatory and Development Authority of India (IRDAI) has retained the existing surrender values for life insurance policies, following concerns raised by life insurers, according to the gazette notification issued later last week. The regulator also permitted sale of Index Linked Insurance Products, where the Net...
NEW DELHI: The Income Tax Department has finalized guidelines for assessing or re-assessing of high-risk value in updated Income Tax Returns filed for Assessment Year 2020-21 (Fiscal Year 2019-20). Meanwhile, the last date to file an updated Income Tax Return for Assessment Year 2021-22 is March 31. Based on...
NEW DELHI: IIFL Finance Ltd and JM Financial Products Ltd (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank has initiated the process for the appointment of auditors. The Reserve Bank has floated two separate tenders for the appointment of auditors for...
NEW DELHI: The Indian auto industry is gearing up to roll out an array of electric vehicle models over the next few years amid a renewed push by the government to encourage environment-friendly mobility solutions with the unveiling of a new policy. Mass market players like Maruti Suzuki, Hyundai,...
NEW DELHI: Miners’ body FIMI has urged the government not to impose any export duty on low-grade iron ore, stating that any such move would cause a significant loss of state revenues and employment and also affect foreign exchange earnings. In a representation to the government, the Federation of...
NEW DELHI: FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook. The investment came following a modest investment of Rs 1,539...