Category: Business

India's new labour codes introduce major changes to gratuity, Provident Fund (PF), and salary structure, aiming for wider worker protection and formalisation. (AI Image)
Posted in Business

Impact on provident fund (PF), income tax, gratuity — Explained| Business News

The implementation of India’s four new Labour Codes—which consolidate 29 existing laws—marks a significant overhaul of the country’s employment and social security framework. India’s new…

Continue Reading
India's new labour codes aim to modernise the legal framework, extend social security to a wider workforce, and ensure universal wage protection. (AI Image)
Posted in Business

Explained — The wage and bonus rules under India’s new labour codes| Business News

India’s new labour codes, consolidating 29 complex central laws into four streamlined codes, represent a landmark reform in labour laws that govern the largest working…

Continue Reading
An injuction, now vacated, in the trade-secrets lawsuit would have limited TCS's ability to conduct business using the BaNCS software and other related materials. (Reuters)
Posted in Business

Explained — TCS’ $194-million trade-secret lawsuit in US and its financial impact| Business News

Mumbai: A US Court of Appeals has upheld a District Court decision against Tata Consultancy Services Ltd. that required India’s largest software-services exporter to pay…

Continue Reading
The rupee has declined 4.5% versus the US dollar over the year so far and is among the worst-performing Asian currencies this year. (Reuters)
Posted in Business

Rupee opens 0.4% stronger against US Dollar as RBI seen propping up currency| Business News

The Indian Rupee strengthened 0.4% against the US Dollar on Monday as the Reserve Bank of India intervened to prop up the local currency. The…

Continue Reading
India's new labour codes ensure that the likes of Swiggy and Zomato can no longer view their delivery partners (gig workers) as independent contractors. (HT)
Posted in Business

What Swiggy, Zomato and their ilk must do under India labour codes| Business News

The government has formally implemented India’s four new Labour Codes, replacing 29 fragmented labour laws, in what is seen as a pivotal moment for gig…

Continue Reading
Meesho generated  ₹1,032 crore in free cash flow in the fiscal ended 31 March 2025—the highest among listed e-commerce firms in India. (AI Image)
Posted in Business

Meesho eyes $6-billion valuation in IPO set for early December launch| Business News

Meesho Ltd. is seeking a valuation of about ₹53,000 crore (about $6 billion) in its IPO scheduled for early December, joining a growing list of…

Continue Reading
The Find X9 Pro some exclusivity with the Hasselblad camera partnership. (Vishal Mathur/ HT Photo)
Posted in Business

Elite camera arsenal, and a flagship benchmark| Business News

Things are indeed getting very serious. Android flagships for 2026 are beginning to walk through the door already, which signifies how phone makers don’t want…

Continue Reading
‘30s is the new 40s': Indian CEO flags early mid-career crisis as well-paid employees leave jobs
Posted in Business

‘30s is the new 40s’: Indian CEO flags early mid-career crisis as well-paid employees leave jobs

Young professionals are rethinking their careers much earlier than before, with many leaving stable jobs in search of excitement, growth, and new challenges. A CEO…

Continue Reading
Foxconn has separately announced a venture with Intrinsic to explore AI data centres. (Reuters)
Posted in Business

OpenAI teams up with Foxconn to build hardware for AI data centres| Business News

OpenAI is partnering with Hon Hai Precision Industry Co. (Foxconn) to design and manufacture hardware for AI data centres, amid a grow need for AI…

Continue Reading
Signage at the Foxconn Technology Co. battery cell plant in Kaohsiung, Taiwan (Bloomberg)
Posted in Business

Nvidia says working with Foxconn to introduce AI in manufacturing lines| Business News

Nvidia Corp. is working with Hon Hai Precision Industry Co. (Foxconn) to bring AI to the factory floor and manufacturing, CEO Jensen Huang’s son Spencer…

Continue Reading