Nivedita Mookerji discusses Budget 2022 with Business Standard editors: the politics of the Budget with Aditi Phadnis; infra, capex and technology with Pranjal Sharma; and markets with Puneet Wadhwa

Budget with BS, Ep 13: Business Standard editors read the Budget fine print

Zepto CEO Aadit Palicha shared interesting insights on user orders via social media

Four Kirloskar companies on Tuesday said they are preparing to legally challenge a letter by markets regulator SEBI asking them to disclose the deed of family settlement that was signed by members of the Kirloskar family on September 11, 2009.
In separate regulatory filings, Kirloskar Ferrous Industries Ltd (KFIL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd and Kirloskar Oil Engines Ltd maintained they are not bound by deed of family settlement (DFS) nor does it have any impact or create any restriction or liability on them.
SEBI in a letter dated December 30, 2024 advised the companies to disclose the DFS, entered into amongst the members of the Kirloskar family in their personal capacity, under the SEBI listing obligations and disclosure requirements regulations, they said.
Kirloskar siblings, with Sanjay (Kirloskar Brothers Ltd Chairman and Managing Director) on one side and Atul and Rahul on the other, have been in a feud since 2016 over the DFS for the asse

Sebi in a letter dated December 30, 2024 advised the companies to disclose the DFS, entered into amongst the members of the Kirloskar family in their personal capacity

POCO X7 series launch. GTA 6 trailer crosses 230 million views. Samsung to bundle Gemini Advanced subscription with Galaxy S25. Apple iPhone 17 ProMotion display

Indian IT ecosystem is poised for a promising growth trajectory in the coming years with emerging technologies expected to witness a 20 per cent increase in new jobs in 2025, Human Resources (HR) platform FirstMeridian Business Services said on Tuesday.
Looking back at 2024, it said the Indian IT and tech ecosystem witnessed a 17 per cent surge in new employment opportunities, driven by rapid digital transformation and the concurrent rising demand for emerging tech niche job profiles.
"After a muted H1, the sector regained momentum, as we gear up for 2025, these trends will continue, while also eyeing an average 20 per cent rise in profiles like application developers, software engineers, DevOps engineers, AI, ML, and Cyber Security," FirstMeridian Business Services CEO, IT Staffing, Sunil Nehra said.
Moreover, Artificial Intelligence (AI), which was a major trend in 2024, is expected to further accelerate in 2025, Nehra added.
The sector is set for remarkable expansion, with high 

Looking back at 2024, it said the Indian IT and tech ecosystem witnessed a 17 per cent surge in new employment opportunities, driven by rapid digital transformation

Mumbai Police has registered a First Information Report against the former trustees of the Lilavati Hospital here for alleged cheating to the tune of Rs 85 crore.
The FIR was registered on Monday at Bandra police station on a complaint by current trustee Mohit Suresh Mathur, said an official.
Between 2000 and 2023, "purported trustees" Chetan Vijay Mehta, Rashmi Mehta and Bhavin Mehta allegedly seized control of the trust using fake documents, the complainant claimed.
Money was withdrawn in the name of lawyers' fees, consultation charges and purchase of medicines and allegedly used for personal use, the complaint said.  Mathur had moved a magistrate's court, seeking a direction to police to register an FIR.  On the court's order, the FIR was registered for cheating and criminal breach of trust under relevant Indian Penal Code sections (as alleged offences took place prior to 2024), the police official said, adding that probe was underway.  Comments from the hospital spokesperson as 

Between 2000 and 2023, "purported trustees" Chetan Vijay Mehta, Rashmi Mehta and Bhavin Mehta allegedly seized control of the trust using fake documents, the complainant claimed

India's nuclear power operator NPCIL on Tuesday invited proposals from the industry to set up 220 MW Bharat Small Reactors for captive use, replacing the existing coal-fired thermal power plants used by the steel, aluminium, copper and cement industries.
Bharat Small Reactors are 220 MW Pressurised Heavy Water Reactors (PHWR) with an impeccable safety and excellent performance record, which are compact and tailored for captive use, according to a statement from the Nuclear Power Corporation of India Limited (NPCIL).
"NPCIL has today invited Request for Proposals (RFP) from visionary Indian  industries for setting up 220 MW Bharat Small Reactors (BSRs) for captive use," said the statement.
The nuclear power operator said BSRs can provide a sustainable solution for decarbonization of hard-to-abate industries.
It would also help these industries secure economic benefits resulting from savings in carbon emission related taxes, thus increasing competitiveness of their products in the ..

The government plans to deploy 40-50 of these nuclear reactors over the next decade in partnership with the private sector

In FY25, the Union government had made a budgetary allocation of Rs 250 crore for India Post

A key demand discussed in the meeting was the reduction of customs duty and other levies on the import of radiation machines used to treat cancer

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Budget with BS, Ep 13: Business Standard editors read the Budget fine print

Nivedita Mookerji discusses Budget 2022 with Business Standard editors: the politics of the Budget with Aditi Phadnis; infra, capex and technology with Pranjal Sharma; and markets with Puneet Wadhwa

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