Author: TI Editor
“We project Indian companies’ aggregate legal expenses for FY25 to jump 15%–18% from FY24,” said Ritvik Lukose, co-founder and chief executive officer (CEO) of Vahura, a compliance and governance-focused search and advisory firm. “This growth reflects evolving needs in a complex legal environment.” In FY24, Indian companies’ aggregate legal expenses stood at ₹52,568 crore, jumping 17% on-year over ₹44,920 crore in FY23, according to the firm. This was driven by increased global deal activity, higher dispute resolution costs, and growing compliance expenses. The top 50 companies accounted for ₹21,389 crore of this expenditure in FY25, reflecting a 17.4% growth. Law…
India recently marked a milestone by building a 422m hyperloop test track, aiming for speeds over 1,000km per hour, which could slash travel times from hours to minutes. Work itself remains painfully slow with a commercial hyperloop still years away. Here’s why. Source link
Pidilite and its creative agency, Ogilvy India, deliver a humorous yet impactful campaign for Dr. Fixit, reinforcing its position as the “Baap of Waterproofing.” The ad takes an exaggerated yet relatable approach by depicting a torrential downpour turning rooftops into swimming pools while inside, the walls remain completely dry—a testament to Dr. Fixit’s superior waterproofing power.The campaign will go live on Monday during Kaun Banega Crorepati (KBC), marking 25 years of association between Pidilite and KBC.Performance and engagement:Amitabh Bachchan, playing the carefree husband, adds his signature charm and comic timing, singing and splashing around in the rain. Meanwhile, his wife,…
JioStar executives remain bullish, citing strong advertiser demand, new audience targeting capabilities, and real-time measurement innovations. “We are seeing record demand for IPL this year,” said Ishan Chatterjee, chief business officer, sports revenue, SMB & creator at JioStar. “With the kind of reach and engagement IPL commands, brands are prioritising it as the marquee event in their marketing calendar.” Last year, IPL reached 525 million viewers on TV and 425 million on digital. With momentum from the India-England series and the ongoing ICC Champions Trophy, JioStar expects total viewership across platforms to cross 1 billion. Also read | Regional platforms…
New Delhi, Mar 2 (PTI) Wave Group and Belgium’s Agristo NV will invest around ₹750 crore to expand their potato processing plant in Uttar Pradesh to make premium french fries, amid rising global demand for processed food.In 2019, Wave Group firm Masa Global Food Pvt Ltd and Agristo’s subsidiary firm IMSTO NV, Belgium had formed a 50:50 joint venture firm to establish a potato processing plant at Bijnor to make dehydrated potato flakes. Also Read | Flipkart shuts down ANS Commerce 3 years after acquisitionThe name of the joint venture firm is Agristo Masa Pvt Ltd. The plant started operations in…
About 84 per cent of Information Technology (IT) employees have Metabolic Dysfunction-Associated Fatty Liver Disease (MAFLD), revealed a study conducted by scientists at the University of Hyderabad. The study noted that the IT sector in India employs over 5.4 million people.The study also found that approximately 71 percent of IT employees were obese and about 34 percent had metabolic syndrome — “a cluster of diseased conditions that increase the risk of fatty liver, obesity, diabetes and increased blood pressure.”Also Read | Shilpa Medicare soars over 11% to record high; check out why hereThe research was conducted by the University of…
With a plethora of news coming in throughout the week, it’s hard to keep up to pace all the latest updates. In order to help the readers stay up to date, we have compiled the Weekly Tech Recap, where we take a look at the top 5 news of the week. This week, OpenAI launched its GPT 4.5 language mode, Claude wasn’t far behind either with Sonnet 3.7 rollout, Meta AI starts plan on bringing a standalone AI app and more.Also Read | OnePlus 13R Review: Misses out on style, makes up for it in substance1) OpeAI launches GPT 4.5:OpenAI…
My wife’s PPF will mature in April. She wants to transfer ₹23 lakh to my senior citizen savings account and balance ₹7 lakh to our daughter. What will be the tax position implications for all of us?As from April, interest will be earned in my name. I should and will be liable to pay tax. Please clarify in whose income interest will be added. – Chander GuptaIf you, your wife, and your daughter qualify as residents of India for tax purposes, and your daughter is not a minor (i.e., she is 18 years or older), the following tax implications apply…
Semiconductors lie at the core of modern life. Factories to make them can be extremely expensive—to the order of $20 billion or so for a single factory. The ultimate prize can be significant—building a scientific and technical eco-system like Silicon Valley. “The success of Silicon Valley is one that many other countries would like to replicate,” Chad Bown and Dan Wang point out in a 2024 article about the semiconductor industry in the Journal of Economic Perspectives. “They too want a self-sustaining ecosystem for generating, producing, and then regenerating cutting-edge technologies.” Governments have a critical role to play in this…
Gold prices have been rising quite fast in the past few weeks. Gold prices stand at ₹86,793 per 10 grams (24 carats) and at ₹79,573 (22 carats).Although the price witnessed biggest weekly drop of 2.5 percent after eight weeks of gains last week, but it still remains higher by 2.2 percent for February.Investing in this precious metal is considered safe when the market is volatile. Additionally, when seen through the lens of investing, digital gold and ETFs are considered better than physical gold which some even refer to as consumption.“When you want to make the most of gold investment, the…