The Uttar Pradesh government aims to attract investments of Rs 5,000 crore for the Defence Manufacturing
The Uttar Pradesh government aims to attract investments of Rs 5,000 crore for the Defence Manufacturing The Union Environment Ministry has granted approval for the development of 60 hectares of land dedicated to the Uttar Pradesh Defence Industrial Corridor (UPDIC) in Chitrakoot. According to the Expressway Industrial Development Authority (UPEIDA), this approval will facilitate projects […]
AI Spending Trends in India: BFSI and Manufacturing Lead Investment
AI Spending Trends in India: BFSI and Manufacturing Lead Investment Artificial Intelligence (AI) spending in India is poised to triple to $5 billion by 2027, with the banking, financial services, and insurance (BFSI) and manufacturing sectors emerging as top industry spenders, as per an Intel-IDC report released on Tuesday. The report highlighted the BFSI sector’s […]
Healthcare and Advanced Manufacturing Set for Major Investments in 2024
Healthcare and Advanced Manufacturing Set for Major Investments in 2024 New Delhi, May 14: Traditional sectors like healthcare and advanced manufacturing are poised to attract substantial investments in 2024. According to the India Private Equity Report by Bain and Company, a global management consulting firm, investors are showing strong support for established business models with […]
Why do people hate the new apple ad?
Why do people hate the new Apple ad? Apple has recently come out with an ad for their latest product, the ultra-thin iPad Pro. The ad features a large number of objects of creative and cultural significance, like a record player, a typewriter, piano, a TV, trumpet, guitar, cameras, books, paint cans and tubes, and […]
Innovation and Sustainability Showcased on National Technology Day
Innovation and Sustainability Showcased on National Technology Day The celebration of National Technology Day 2024, organized by the Technology Development Board (TDB) under the Department of Science and Technology, took place on May 11th at the INSA Auditorium in New Delhi. The event centered around the theme of ‘Promoting Clean and Green Technologies for a […]
OpenAI’s new search engine
OpenAI’s new search engine may change marketing Open AI has been changing the way users browse the web. Imagine users asking questions in a natural way, just like they would a friend. OpenAI’s search engine might be built for this conversational approach, requiring marketers to adapt their content to sound natural and answer real user […]
New MSME payment clause in IT Act
New MSME payment clause in IT Act The Supreme Court declined to hear a petition filed by traders’ associations challenging the constitutionality of Section 43B(H) of the Income Tax Act, which mandates businesses to clear dues owed to micro, small, and medium enterprises (MSMEs) within 45 days to avail tax benefits. Instead, a bench headed […]
How Lenders Navigate Risk in MSME Lending Without Credit History
How Lenders Navigate Risk in MSME Lending Without Credit History Lending to small and unorganised businesses presents significant credit risk, primarily due to the absence of credit history for assessment. Traditional methods of credit evaluation, such as predicting behavior based on credit history or analyzing cash flows and profitability through financial statements, often fall short […]
SEBI Takes Action Against SME for Alleged Financial Manipulation
Sebi Takes Action Against SME for Alleged Financial Manipulation On Monday, the Securities and Exchange Board of India (Sebi) issued sanctions against 12 entities, including Add-Shop E-Retail, a listed company, and several members of its promoter-management team, for purportedly manipulating financial statements. According to the Sebi order, the company engaged in fictitious transactions, including fake […]
India’s Services Sector Records Strongest Growth in Nearly 14 Years: PMI Data
India’s Services Sector Records Strongest Growth in Nearly 14 Years: PMI Data India’s Services Sector Records Strongest Growth in Nearly 14 Years: PMI Data India’s services sector demonstrated robust growth in April, driven by strong domestic and international demand, which bolstered business confidence to a three-month peak, according to a survey released on Monday. The […]