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India’s Top Five Business Magnates have Together Lost $15 billion So Far This Year

India’s Top Five Business Magnates have Together Lost $15 billion So Far This Year

India’s top 20 billionaires have together witnessed a $17.85 billion loss in net worth so far in 2018, with the top five alone losing $15 billion. Among the top losers has been Gautama Adani, whose net worth has dropped $3.68 billion to...

Are Indian Companies GDPR Ready?

Are Indian Companies GDPR Ready?

Deloitte in collaboration with Data Security Council of India (DSCI) jointly conducted a survey to study the preparedness and alignment of companies based in India towards the requirements mandated by the European Union’s (EU) General...

Workplace Automation in India to Double in Next 3 Years

Workplace Automation in India to Double in Next 3 Years

Workplace automation, including the use of artificial intelligence (AI) and robotics, is expected to double in India in next 3 years, but only a few companies and HR functions are fully prepared to address this organizational change, says a...

India is Pulling ahead of China in the Solar Power Race

India is Pulling ahead of China in the Solar Power Race

Since its big entry a decade ago, China has led the global solar energy industry. A massive manufacturing sector that has driven down costs, coupled with supportive government policies, have helped it commission multiple large-scale projects...

Nearly 150 million untapped retail credit borrowers in India, says CIBIL study

Nearly 150 million untapped retail credit borrowers in India, says CIBIL study

Nearly 150 million consumers who are currently not credit-active are potentially eligible to become retail credit borrowers, providing significant growth opportunities for retail lenders and a major boost to the economy, a study has said....

SoftBank Agrees to Sell Flipkart stake to Walmart

SoftBank Agrees to Sell Flipkart stake to Walmart

SoftBank has agreed to sell its entire 21 percent stake in Flipkart to US retail giant Walmart, ending the uncertainty created after the Japanese telecom and Internet giant’s head Masayoshi Son last week said he was still undecided...

Changing times: Captives beat Indian IT in Hiring

Changing times: Captives beat Indian IT in Hiring

Captive centres in India of global firms have hired nearly 1.3 lakh people last year and they have overtaken for the first time in a decade the number of people hired by Indian IT services and back-office companies, said industry experts. The...

India is World’s 6th Richest Country; Wealth Could Triple by 2027

India is World’s 6th Richest Country; Wealth Could Triple by 2027

India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, while the US is the richest nation globally, says a report. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest...

Kumar Mangalam Birla's UltraTech Cement is Buying Century Textiles’ Cement Unit

Kumar Mangalam Birla's UltraTech Cement is Buying Century Textiles’ Cement Unit

Kumar Mangalam Birla clearly has ambitious plans for the cement-making arm of his metals-to-financial services conglomerate—and both organic and inorganic expansion is fair game. So while the fate of its deal to acquire Binani Cement...

Cryptocurrency Struggles Below $9000

Cryptocurrency Struggles Below $9000

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $9,000. If it continues its poor form, it could fall below $9,000 in the coming days. The volatile...

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