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By Kirti Srinivasan , 17 April 2025
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BSNL's Path to Sustained Growth: Telecom Minister Pushes for Strategic Focus and Regional Plans

: In a recent meeting with senior officials, Union Telecom Minister Jyotiraditya Scindia urged state-owned BSNL to submit detailed customer growth and business plans for the current fiscal year. The minister lauded the company's turnaround, having reported a net profit for the first time in 18 years, and emphasized the need for continuous focus on customer acquisition and retention. Scindia also encouraged the capacity building of employees and monthly meetings to tackle challenges and implement best practices.

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  • Telecom
By Manbir Sandhu , 17 April 2025
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Asus Looks to Strengthen Its Market Position with 'Make-for-India' Solutions and Commercial PC Expansion

Taiwanese tech giant Asus is focusing on India-specific innovations, tailoring products based on local feedback that have now become global solutions. With a goal to lead the commercial PC market in India, Asus is investing heavily in manpower and expanding its product portfolio. The recent launch of the ExpertBook P Series laptops, designed for businesses, reflects this strategy. Despite a decline in sales in 2024, Asus rebounded strongly with the highest growth rate in the market in the December quarter.

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  • Technology Sector
By Gurminder Mangat , 17 April 2025
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Assetz Expands Footprint with Major Land Acquisitions, Preparing for a Surge in Real Estate Development in Bengaluru

In a strategic move to bolster its position in Bengaluru’s real estate market, Assetz has acquired sixteen prime land parcels over the past two years, covering more than 200 acres. The company plans to add 15 million square feet of saleable area to its portfolio, aiming to deliver over 7,500 homes across key corridors in the city. The new projects, with a Gross Development Value (GDV) of Rs 15,000 crore, will be launched in phases, with a significant portion set for roll-out in FY26. The company’s aggressive expansion strategy signals strong growth prospects in the near term.

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  • Real Estate
By Manbir Sandhu , 17 April 2025
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IndusInd Bank Faces Financial Setback Due to Accounting Lapses, Impacting Net Worth by Rs 1,979 Crore

IndusInd BankIndusInd Bank is facing significant financial repercussions due to accounting lapses in its derivative portfolio, with an estimated negative impact of Rs 1,979 crore on its net worth. The bank has recognized a reduction of approximately 2.27 percent of its net worth for the fiscal year ending December 2024. In response, it has enlisted external firms PwC and Grant Thornton to evaluate the impact, uncover the root causes of the discrepancies, and suggest corrective actions.

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  • Banking
By Manbir Sandhu , 17 April 2025
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IIM Raipur's Vision for Global Impact: Leadership, Innovation, and Market-Ready Graduates in a Changing Economy

In a landmark celebration of academic accomplishment and institutional progress, the Indian Institute of Management (IIM) Raipur hosted its 14th annual convocation, conferring degrees on nearly 600 students. Amid an evolving economic landscape, the event emphasized leadership rooted in purpose, with Colgate-Palmolive India’s CEO Prabha Narasimhan championing values-driven decision-making. Alongside academic accolades, the institution highlighted new strategic partnerships, both global and domestic, reinforcing its position as a leading force in management education.

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  • Education
  • Employment
  • IIM
By Gurminder Mangat , 17 April 2025
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Salesforce Defies Global Uncertainty, Records Strong Growth and Tech Demand in India

Despite global economic turbulence and concerns around tariff-related disruptions, Salesforce continues to witness strong momentum in the Indian market. The cloud-based customer relationship management (CRM) giant has reported no slowdown in demand, with its executive team citing an ongoing, unprecedented appetite for digital transformation and technology investment. With a 40% year-on-year increase in revenue, reaching Rs. 9,116 crore in FY24, Salesforce India is expanding aggressively.

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  • Technology Sector
By Gurminder Mangat , 17 April 2025
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Wipro's Caution Casts Shadow on Markets as IT Sector Drags Benchmarks Down

Indian equity markets faced early losses on Thursday, with the Sensex and Nifty retreating from recent highs amid concerns surrounding the performance outlook of major IT firms. Wipro, despite posting a solid year-on-year rise in net profit, issued a cautious forecast for the upcoming quarter, citing persistent global uncertainties. This sentiment rippled through the broader tech sector, leading to notable declines in IT-heavy stocks and dragging the overall indices down.

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  • Stock Markets
By Gurminder Mangat , 17 April 2025
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Power Duo KL Rahul and Suniel Shetty Acquire Prime Land in Thane for Strategic Investment

In a high-profile real estate transaction, Indian cricketer KL Rahul and Bollywood actor Suniel Shetty have jointly acquired a substantial 7-acre land parcel in Thane, near Mumbai, for Rs. 9.85 crore. The deal, finalized in March 2025, covers part of a larger 30-acre plot located in the rapidly developing region of Owale, Thane West. Facilitated and verified by property consultancy Square Yards, the transaction reflects growing interest among celebrities and high-net-worth individuals in strategic land acquisitions.

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  • Real Estate
By Manbir Sandhu , 17 April 2025
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Ananya Birla’s LOVETC Aims to Disrupt India’s Beauty Market with Homegrown Innovation

Ananya Birla, entrepreneur and heir to the Aditya Birla Group legacy, has launched LOVETC, a premium colour cosmetics brand, under the banner of Birla Cosmetics. This strategic entry into India’s booming beauty industry comes on the heels of the earlier release of Contraband, signaling a robust diversification plan. With the Indian cosmetics market projected to more than double by FY2032, LOVETC seeks to fill a gap for high-performance, locally made beauty products.

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  • Business
By Manbir Sandhu , 17 April 2025
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National Herald Chargesheet: Political Showdown or Legal Reckoning

India’s political and legal landscape has been jolted once again as the Enforcement Directorate (ED) filed a formal chargesheet in the high-profile National Herald case. Targeting senior Congress leaders, including Sonia Gandhi and Rahul Gandhi, the development has reignited fierce political debate. The Congress party has dismissed the move as a politically motivated act of vendetta, while the ED has framed the case within the stringent provisions of the Prevention of Money Laundering Act.

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  • Politics

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