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News
AI could cut jobs at large firms; millions of small firms can protect employment: Nandan Nilekani
2+ day, 22+ hour ago (495+ words) India's best defence against the disruption artificial intelligence could cause to jobs may not lie in creating more large companies, but in enabling millions of small businesses to grow, says Infosys Chairman Nandan Nilekani. Speaking at the Global Fintech Fest…...
Novartis India to pursue therapy-aligned acquisitions; eyes expansion in Tier 2 and Tier 3 markets
1+ week, 32+ min ago (215+ words) Pharma company Novartis India Ltd (NIL) plans to pursue disciplined, therapy-aligned acquisitions and deepen its last-mile reach into Tier 2 and Tier 3 markets to drive its next phase of growth, according to the company's annual report. The company's future strategy focuses…...
Auto-component sector faces Rs 98,000-crore inventory lock-in, capability gap: Vector report
1+ week, 18+ hour ago (466+ words) The automotive component industry has around Rs 98,000 crore locked in inventory, of which Rs 29,000-39,000 crore could potentially be released by improving inventory management, according to a Vector Consulting Group report. The report said the potential working-capital release could include Rs…...
India???s SaaS hiring slows despite revenue growth as AI reshapes job mix
1+ week, 2+ day ago (1003+ words) The top 20 high-growth SaaS unicorns in India collectively employ a little over 37,000 people, but their combined headcount grew by less than 1% in the 12 months to March 2026, according to specialist staffing firm Xpheno. “Hiring action has continued, but it has been…...
PayPal lays off around 600 employees in India amid global restructuring
1+ week, 3+ day ago (581+ words) PayPal Holdings has laid off around 600 employees across teams in India, coming at a time when the American fintech giant is restructuring its workforce globally to reduce costs, people familiar with the matter told Moneycontrol. The job cuts have occurred…...
Cost, quality and technology readiness key to India's auto-component export push: ACMA
1+ week, 3+ day ago (514+ words) India's auto-component industry needs to strengthen its cost competitiveness, global quality standards and technology capabilities as it seeks to increase exports and enter new markets, according to Sriram Viji, President Designate, Automotive Component Manufacturers Association of India (ACMA). Speaking to…...
India's auto-component scale masks dependence on imported future technologies, carmakers warn
1+ week, 3+ day ago (435+ words) India's fast-growing auto-component industry remains dependent on imports of advanced technologies that will shape the future of mobility, the heads of three leading passenger vehicle manufacturers have warned. The Indian auto-component industry's turnover increased 12.7 percent year-on-year to Rs 7.59 lakh crore…...
Strong economic cycle puts CV makers in fast lane
1+ week, 4+ day ago (90+ words) Moneycontrol.com Strong economic cycle puts CV makers in fast lane The tapering of low base benefits and rising cost pressures could moderate pace of growth in CVs in the months ahead Moneycontrol Pro Panorama | Resilient economy, corporate earnings give…...
August PV wholesale dispatches jump 36% as demand momentum strengthens ahead of festive season
1+ week, 4+ day ago (531+ words) Passenger vehicle wholesale dispatches rose 36 percent year-on-year in August to 448,319 units, as new model launches, discount offers and low auto loan rates helped draw buyers to showrooms ahead of the festive season. The strong performance comes against a favourable base....
Maruti Suzuki commands 97% of India's electric car exports on e Vitara strength
1+ week, 5+ day ago (456+ words) Maruti Suzuki India has built an overwhelming lead in electric car exports from the country through a single model, with the e Vitara electric SUV accounting for 97% of shipments in Q1 FY27. As per industry data, the carmaker exported 15,210 electric passenger vehicles…...