Reliance says JioMart is on track to be No. 2 in quick commerce

BENGALURU: Reliance Industries on Thursday said JioMart is on track to become India’s second-largest quick commerce player, underscoring intensifying competition among rapid-delivery platforms even as rivals await their latest quarterly results.In its earnings presentation, Reliance said JioMart’s hyperlocal commerce business recorded a daily run-rate of about 1.6 million orders during the December quarter. Online average…

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Budget 2026: Tata Motors flags pressure on entry-level EVs; wants PM E-DRIVE support for fleet segment

Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…

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AI at work: Adoption outpaces employee training; majority feel unprepared for role changes

Artificial Intelligence adoption at workplaces is moving faster than corporate training efforts, leaving many employees unprepared for rapidly changing roles, according to a report by Genius HRTech.According to news agency PTI, the report said 71 per cent of professionals believe their roles or responsibilities will change significantly over the next few years as AI-driven tools…

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WEF 2026: Investing in women’s employment is key to future-proof economies – industry chair Ebru Ozdemir

Investing in women’s employment is the most efficient way to build a resilient, inclusive and future-proof economy, Ebru Ozdemir, chairperson of the Board of Limak Holding and chair of the World Economic Forum (WEF) Engineering and Construction Industry Group, has said.In an article written ahead of the annual Davos summit, Ozdemir stressed that reskilling and…

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Budget 2026: MAIT seeks customs duty cuts on key electronic components; push to boost domestic manufacturing

The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…

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Budget 2026: Equity tax relief, avoiding transaction levy hike & more; here’s what market participants want

As the Union Budget 2026-2027 draws closer, many market participants are urging the government to rethink capital market taxation and not increase the transaction levies. Ahead of finance minister Nirmala Sitharaman’s Budget presentation on February 1, investors and brokerage firms have pitched for measures, they believe would make long-term investing more attractive, particularly for retail…

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Greenland row: Trump rattles EU with tariff threats – why India should take note for US trade deal

While the tariffs are for EU countries, the policy uncertainty under Trump is a reminder for India which is currently negotiating a trade deal with the US. (AI image) US President Donald Trump’s latest threat to impose tariffs on European Union countries – a move openly linked to Greenland, following these countries’ support for Denmark’s…

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