MUMBAI: Danish brewer Carlsberg has confidentially filed draft IPO papers for its India unit with markets regulator Sebi earlier this week, the company said. “The progress and timing of the potential IPO will depend on a number of factors, including the regulatory review and approvals, as well as prevailing market conditions,” a global spokesperson said…
BENGALURU: The rise of GenAI is exposing new vulnerabilities in campus hiring, as recruiters confront increasingly sophisticated cheating techniques-from hidden wearable devices and AI-assisted tools to proxy candidates and ghost coders taking control of assessments via remote desktop software.Recruiters say organised “interview-as-a-service” networks are making hiring fraud more sophisticated, prompting companies to deploy AI-powered proctoring…
MUMBAI: The rupee closed at 95.4 against the dollar, down 15 paise from its previous close of 95.25 in the foreign exchange market, with renewed demand for dollars spurring speculation over the return of oil marketing companies (OMCs) to the forex market.To reduce market demand for dollars and stem rupee volatility, RBI had earlier this…
NEW DELHI: RBI on Thursday made its stand over legalising cryptocurrency clear, amid fears that it can be a source of financing for crimes with transnational dimensions like drug trade and terrorism, persons familiar with the deliberations said after the central bank briefed a Parliamentary committee on virtual digital assets (VDAs).A lawmaker said RBI also…
NEW DELHI: With the situation in West Asia improving and oil prices falling, govt expects a pick-up in the economy, amid economic indicators pointing to a strong momentum in first quarter.“The economic indicators released by the govt continue to underline resilience of Indian economy despite global uncertainties. Strong GDP growth, expanding manufacturing and services activity,…
MUMBAI: Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMC Health in an out-of-court settlement that brings to a close years of cross-border insolvency and fraud-related litigation, with both sides making no admission of liability and courts in Abu Dhabi…
MUMBAI: Abu Dhabi’s International Holding Company, which emerged as a key backer of the Adani Group following the Hindenburg-induced market turmoil in 2023, is deepening its partnership with the conglomerate through an $11.5 billion integrated aluminium project in Odisha.The partners have formed an equal joint venture to build a sprawling aluminium complex comprising a four-million-tonne…
MUMBAI: If you think the AI boom will only make MacBooks and iPads more expensive, you are wrong. You probably do not realise it, but a host of products you use every day have memory chips in them-this is because devices are getting ‘smart’ which means they require more memory to process data and run…
California is America’s ultimate road trip destination! It is also the third-largest U.S. state by area and its diversity is unimaginable. From snow-covered mountains to deserts and vineyards to redwood forests, the state has them all. And how can we not mention over 1,300 km of Pacific coastline, simply stunning! The state attracts travellers with…
There was a time when telling someone you wanted to earn money through social media would probably earn you a laugh. Today, it’s a very different story. People are landing clients through Instagram, selling digital products, building communities on YouTube, and even turning simple hobbies into full-time careers. The biggest myth, though, is that you…
