Zoho founder Sridhar Vembu BENGALURU: Zoho founder and CEO Sridhar Vembu cautioned software professionals against assuming continued dominance in the job market, warning that emerging technologies like large language models (LLMs) and advanced development tooling could “destroy a lot of software jobs.” In a post on X, Vembu said, “The fact that software engineers get…
NEW DELHI: Tata Steel aims to cut costs by Rs 11,500 crore across its global operations over the next 12–18 months, focusing on controllable expenses, Executive Director and CFO Koushik Chatterjee said during a post-earnings analyst call.Building on structural cost savings of Rs 6,600 crore achieved in FY25, the company is intensifying its cost transformation…
NEW DELHI: India and the European Union have concluded the 11th round of negotiations on their proposed Free Trade Agreement (FTA), reportedly agreeing to pursue a two-stage approach to finalise the deal, an official source, quoted by news agency PTI confirmed on Sunday.“The 11th round of talks concluded on May 16,” the official said, quoted…
The Cellular Operators Association of India (COAI) has launched a sharp attack on Mumbai Metro, accusing the public transport body of creating a “monopolistic and extortionate” environment for mobile network access within metro premises. The COAI alleges that instead of allowing telecom operators to install In-Building Solutions (IBS) directly, at their own cost, the Metro…
NEW DELHI: India’s pharmaceutical industry continues its rapid ascent on the global stage, driven by affordability, innovation, and inclusivity. Thesector recorded a 7.8 per cent year-on-year growth in April 2025, according to India Ratings, part of the Fitch Group, as quoted by Press Information Bureau (PIB) on Sunday.This growth reflects continued strong domestic demand and…
India’s smartphone exports have witnessed an extraordinary leap, overtaking petroleum products and diamonds to become the country’s top export item, as per government data.Driven by rising demand and a series of policy incentives, smartphone shipments climbed 55 per cent to $24.14 billion in 2024–25, up from $15.57 billion in 2023–24 and $10.96 billion in 2022–23.The…
AI-generated image (Made from Bing image creator) NEW DELHI: Stock markets are expected to be primarily influenced by corporate quarterly reports, foreign fund activity and worldwide market trends this week. Global trade agreements and their market impact will also be under close observation.Last week, the BSE benchmark index increased by 2,876.12 points or 3.61 per…
NEW DELHI: Among the top 10 valued companies, nine witnessed a combined increase of Rs 3.35 lakh crore in market valuation during the previous week, aligning with positive market sentiment. Reliance Industries led the advancement, whilst Bharti Airtel was the sole decliner. The benchmark BSE Sensex surged 2,876.12 points, or 3.61 per cent, over the…
Adani Defence & Aerospace partners with Sparton (Image credit: Adani Defence X handle) NEW DELHI: Adani Defence & Aerospace has entered into a binding collaboration agreement with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems specialising in advanced Anti-submarine warfare systems.The Adani Group company on Sunday announced that this alliance represents a crucial move…
NEW DELHI: India’s trade in apparel and home textiles with the United Kingdom is set for significant growth, with volumes expected to double over the next five to six years, according to a report by credit rating agency ICRA.The projected surge is attributed to the recently concluded Free Trade Agreement (FTA) between the two countries,…
