Artificial Intelligence, AI

Big Tech's partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly

AI and competition: Old wine in new bottles?

Business Standard

New Delhi [India], December 24: India's entrepreneurial landscape is shaped by innovative leaders driving transformation across industries. Balmukund Steel Group, DYD India, Chetan Deshpande, HECT India, Washmart, Velura, Serene Info Solutions, Findise Solutions, Maxpro Displays, and InfluencersPro are redefining excellence with customer-centric strategies and cutting-edge technologies. These leaders are reshaping sectors from construction and automotive to digital marketing, corporate travel, and baby care, fostering growth and meeting evolving market demands.

Top 10 Visionary Leaders and Brands in India

New Delhi [India], December 24: Adventures Overland, India's most-awarded travel company and pioneer of unique expeditions, proudly announces its latest and grandest offering: Around the World in 80 Days.

Adventures Overland Sets the Bar with an Unparalleled World Trip: Around the World in 80 Days

Delhi NCR [India], December 24: TheLiveShow, a dynamic platform dedicated to connecting talented musicians and live entertainers with event organizers, is quickly transforming the live music ecosystem. Founded in 2022, TheLiveShow is on a mission to bridge the gap between exceptional artists and individuals or organizations seeking entertainment for weddings, corporate events, and private parties.

TheLiveShow Revolutionizes the Live Music Industry, Connecting Artists and Event Organizers

The National Financial Reporting Authority (NFRA) has highlighted significant shortcomings in the audit practices of BSR & Co LLP, a KPMG sub-licensee, particularly in related party transactions.
The audit regulator's inspection was conducted in August 2024, which reviewed three BSR audit engagements from the FY ending March 2022 and March 2023.
In a 13-page inspection report, NFRA found lapses related to auditing standards and compliance with the Companies Act 2013. Among the critical observations were deficiencies in verifying related party transactions.
The inspection report also revealed a complex series of transactions initiated by an unnamed company, involving its promoter entity.
NFRA noted that the company raised Rs 550 crore through non-convertible debentures (NCDs) and invested Rs 650 crore in compulsorily convertible preference shares (CCPS) of the promoter entity. This transaction was reportedly used to facilitate debt repayment by the promoter entity.
NFRA also ...

Audit

Stagnating wages, derivative losses, and rising debt burdens-India's consumption story grapples with multiple challenges

Unlike private consumption data, GST can provide real-time insights into consumption patterns, economic activity, and state-wise variations

India has become most populous nation. But with fertility rate slowing, there are concerns that it may grow old before getting rich. The second part of the series explores demographic challenges

population

Markets Today LIVE: With Wall Street, driven by the so-called Santa Clause rally, and Indian markets closing higher in the previous trading session, investors would be looking to continue the momentum

The Securities and Exchange Board of India (Sebi) has proposed measures to regulate algorithmic (algo) trading by retail investors, introducing new checks and balances for stock brokers and exchanges. Currently, algo trading is dominated by instituti

Bharat Petroleum Corporation Limited announced two major energy projects in both traditional and renewable energy sectors

BPCL, Bharat petroleum

Mamata Machinery IPO allotment status: Once the allotment gets finalised, investors can check their status on the official websites of BSE, NSE, or Link Intime India, the registrar for the issue

ipo market listing share market

Targets fiscal deficit 'lower than 4.5% of GDP'

budget

At least three schools hit by bomb threat emails have turned out to be a victims of their own students, Delhi Police has discovered.
One of the several schools that received bomb threats was Venkateshwar Global School, which received a threatening email a day after a mysterious blast occurred at the Rohini Prashant Vihar PVR Multiplex on November 28.
A police officer said the email was sent by two siblings enrolled in the school because they wanted the exams to be postponed.
During counselling, both students revealed that they had got the idea from previous incidents of bomb threats being made to schools, the officer said.
They were allowed to go after their parents were given a warning.
After the email was reported, police conducted a thorough check of the school and declared the threat to be a hoax.
According to another police officer, two more schools located in Rohini and Paschim Vihar were sent threatening emails by their students.
The reason was same  the students wanted s

School,Security personnel,bomb threat

External Affairs Minister S Jaishankar said on Saturday India can never permit others to have a veto on its choices and will do whatever is right in the national interest and for the global good without being intimidated to conform.
In a video message for a function in Mumbai, he said when India is etched more deeply in global consciousness, its repercussions are truly profound.
In a world grappling with unhealthy habits, stressed lifestyles or recurring climate events, there is much learning to be gained from India's heritage. But the world will only know when the countrymen take pride in it, he said.
In an age of globalisation, technology and tradition must march together, said Jaishankar.
Bharat will inevitably progress but it must do so without losing its Bharatiyata. Only then can we truly emerge as a leading power in a multi-polar world, he said.
Jaishankar was conferred the 27th SIES Sri Chandrasekarendra Saraswati National Eminence Award. The awards are given in four field

S Jaishankar, Jaishankar

Railway Minister Ashwini Vaishnaw emphasised the need for three times more efforts on safety, maintenance, quality, and training to modernise infrastructure and provide a world-class experience to commuters.
While conferring the 69th Ati Vishisht Rail Seva Puraskar to 101 railway officials and 22 shields to best performing zones in different categories on Saturday at the Bharat Mandapam here, Vaishnaw announced a significant focus on maintenance, innovation, industry collaborations, enhanced inspection systems, and improved training for officers and technicians, incorporating feedback from grassroots levels.
Chairman & CEO of Railway Board, Satish Kumar, Members of the Railway Board, and General Managers of various Railway Zones and Production Units attended he event.
According to a press statement from the Railway Board, Vaishnaw highlighted the transformative progress achieved by the Railways over the past decade.
He emphasised the rapid construction pace, completing projects ...

Ashwini Vaishnaw, Ashwini, Vaishnaw

India on Saturday condemned the "horrific and senseless" attack on a Christmas market in eastern German city of Magdeburg that left at least five people, including a nine-year-old, dead and nearly 200 injured.
The Ministry of External Affairs (MEA) said the Indian mission in Germany is in contact with the Indians injured in the attack and is rendering all possible assistance.
According to local authorities, a 50-year-old man drove his car into crowds at the Christmas market on Friday evening.
"We condemn the horrific and senseless attack at a Christmas market in Magdeburg, Germany," the Ministry of External Affairs (MEA) said.
"Several precious lives have been lost and many have been injured. Our thoughts and prayers are with the victims," it said.
"Our Mission is in contact with Indians who are injured, as well as their families, and rendering all possible assistance," the MEA said in a statement.
It is not clear how many Indians have been injured in the attack.

India, India flag

While speaking at the 'Hala Modi' community event at Kuwait's Sheikh Saad Al-Abdullah Indoor Sports Complex, PM Modi highlighted India's rapid transformation in various fields

PM Modi in Kuwait

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

Three scenarios culminated in mutual annihilation, with both the US and China engaging in a nuclear exchange that decimated cities and resulted in millions of casualties

US China flag, US-China flag

The overarching theme of this year has been the RBI's new approach to vigilance

RBI, Reserve Bank of India

Initially, the petition was filed in the MP-MLA court, where it was dismissed. However, the petitioner pursued the matter by appealing to the District Judge Court

Rahul Gandhi, Gaurav Gogoi

Three managers were dismissed for the violations, and a police report was filed against them

Nikita Jain

Nikita Jain

Nikita Jain

AI and competition: Old wine in new bottles?

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Top 10 Visionary Leaders and Brands in India

Adventures Overland Sets the Bar with an Unparalleled World Trip: Around the World in 80 Days

TheLiveShow Revolutionizes the Live Music Industry, Connecting Artists and Event Organizers

NFRA flags deficiencies in BSR & Co's audit of related party transactions

India's consumption slowdown: A temporary dip or deeper concern?

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