Author: TI Editor

Top performers are likely to be handsomely rewarded—in some cases getting raises double that of their peers—in an appraisal season that will see overall increment lower than last year’s, according to a report by consulting firm Aon. “Top performers in IT product firms are expected to get a 1.9x hike versus 1.73x that differentiated him/her from his/her peers in 2024,” said Roopank Chaudhary, partner for human capital solutions at Aon, adding that key talent in consumer and life sciences will get 1.76x and 1.67x raise, respectively. “The consumer sector is expected to see one of the lowest hikes in four…

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AI

Artificial intelligence (AI) is being used for everything these days. Now, an IIT graduate has found a quirky way to check the roundness of rotis. His creation, RotiChecker.ai, has caught the attention of social media users.The idea surfaced when a user on Twitter (now X) shared a picture of her almost-perfect round roti, calling it an art. Animesh Chouhan, an IIT Kharagpur graduate, responded by analysing the roti using his AI-powered tool. The artificial intelligence tool gave it a “roundness score” of 91 out of 100.Chouhan then declared that, if his post received 420 likes, he would make the tool…

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French electronics brand Thomson has launched its latest 43-inch QLED smart TV in India, it’s first model to be powered by JioTele OS. The new model has been priced at ₹18,999 and the company is also offering a number of freebies as part of the launch offer, including a JioHotstar subscription.Thomson 43 inch TV launch offers: As mentioned earlier, the 43-inch QLED smart TV is priced at ₹18,999 and will be available on Flipkart. As part of the launch offers, Thomson is offering the following benefits:3 months JioHotstar subscription3 months JioSaavn subscription1 month JioGames subscription ₹150 Swiggy discount code on orders…

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The company will now offer car loans and personal loans to buyers beyond its platform, and will also help customers track and improve their credit scores through its newly launched platform, Loans24. “Car buying is not a beautiful process in India, which we’ve been trying to solve for the last few years,” said Ruchit Agarwal, cofounder and CFO at Cars24.  “If someone is buying a car through our platform, we bundled the loan along with it. We also innovated a few things, for example, in 2023, we launched 100% loan to value, which means you could buy a ₹5 lakh…

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The ability to maintain financial stability depends on monitoring all your existing loans since this stops unexpected debt obligations. People must learn to identify their active loans because this knowledge serves both credit score tracking and budget control needs and verification of financial accuracy. Following instructions are given in different ways to track debts effectively.In conclusion, you can improve your financial choices and build budget organization and stay free from unexpected debt through loan status tracking. The pursuit of long-range financial targets with good credit scores becomes possible only through proper monetary management. Maintaining consistent loan repayment and thorough planning…

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India is set to launch the Chandrayaan-4 mission in 2027, marking a significant step in the nation’s space exploration efforts. The mission aims to collect samples from the Moon and return them to Earth, Science and Technology Minister Jitendra Singh has confirmed.The ambitious project will require at least two launches of the heavylift LVM-3 rocket, which will carry five distinct components of the mission. These elements will be assembled in orbit before heading towards the Moon. This will be India’s first attempt at a sample return mission, further advancing the country’s scientific and technological capabilities in space research.“The Chandrayaan-4 mission…

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Automakers must find more sustainable cost savings to maintain margins in the face of slowing demand growth, experts said. “In Q3 FY25, at an aggregate level, the Ebitda margin improvement in the Indian auto sector was primarily driven by a favourable product mix, operational efficiencies, strong market demand, and lower commodity costs with government incentives,” Nirav Karkera, head of research at Fisdom, a wealth management platform. “Among these, the benefits accrued on account of lower commodity costs may not be very sustainable considering upside risks to input prices,” Karkera said. Ebitda, a measure of profitability, stands for earnings before interest,…

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AI

On Saturday, finance minister Nirmala Sitharaman announced a fiscal outlay of ₹2,000 crore ($230 million) for the Mission. The move succeeded the Ministry of Electronics and Information Technology (Meity) announcing last Thursday that a repository of 18,693 graphic processing units (GPUs), provided by private sector companies, was ready to be used as an on-cloud supercomputing service to help train AI models. Startups and academia members will get access to the computing platform after being vetted by Meity-appointed officials on merit. A senior government official said, requesting anonymity, that the platform that enables access to GPUs to startups is ready, and…

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Reliance Jio has unveiled a new prepaid plan designed for entertainment enthusiasts, bundling telecom services with a three-month complimentary JioHotstar subscription. Priced at ₹949, the plan offers users a seamless streaming experience alongside essential mobile services, making it an attractive option for those who enjoy films, web series, and live sports.Comprehensive Benefits of the ₹949 PlanThe new plan aims to provide a well-rounded package, featuring 2GB of high-speed data per day. Once the daily limit is reached, internet speeds will be reduced to 64 Kbps, ensuring continued connectivity. Additionally, subscribers will benefit from unlimited voice calls across all networks within…

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(Bloomberg) — Ayala Land Inc. is looking at fresh borrowings of up to 75 billion pesos ($1.3 billion) this year as the Philippines’ top property developer plans to continue pushing expensive homes amid still elevated interest rates. Short-term mortgage rate needs to drop by as much as 75 basis points from 6.5%-6.75% currently “to really encourage the core market to come back,” Chief Financial Officer Augusto Bengzon said in a briefing on Thursday, referring to its main middle income market wherein many seek loans to buy property. “We are going to lean on the premium segment for as long as…

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