AI Call Centers: Best Use Cases and Insights from Simply Contact
Jan 16, 2025, at 03:48 pm
Poland: The global integration of Artificial Intelligence (AI) has given a major push for the call center industry’s massive smart transformation. AI tech now equips call centers with tools to automate routines, make customer experiences more in-depth and intuitive, and drive agent productivity.
RBI to conduct daily VRR auctions to address banking system liquidity deficit
Jan 16, 2025, at 03:05 pm
Mumbai: India’s central bank announced on Wednesday that it will conduct variable rate repo (VRR) auctions on all working days until further notice to ease liquidity constraints in the banking system, Reuters reported.
Govt to develop AI-powered platform for trade data analytics
Jan 16, 2025, at 01:47 pm
New Delhi: The government is advancing efforts to develop an AI-driven data analytics platform to enhance trade data insights, said Commerce Secretary Sunil Barthwal, according to media reports.
HDFC Life reports 15% rise in Q3 net profit to Rs 421.31 cr
Jan 15, 2025, at 08:02 pm
Mumbai: HDFC Life Insurance Company reported a 15% growth in consolidated net profit for the December quarter (Q3FY25), reaching Rs 421.31 crore, compared to Rs 367.54 crore in the same period last year.
Bank of Baroda raises Rs 5,000 cr via infra bonds at 7.23%
Jan 15, 2025, at 07:52 pm
Mumbai: State-owned Bank of Baroda (BoB) has successfully raised Rs 5,000 crore through ten-year infrastructure bonds at a coupon rate of 7.23%, media reported.
Jan 15, 2025, at 07:20 pm
Mumbai: L&T Technology Services (LTTS) posted a net profit of Rs 322.4 crore for the third quarter of FY25 (Q3FY25), marking a 4.1% decline year-on-year (YoY), media reports said.
Benefits of using a Personal loan for marriage expenses
Jan 15, 2025, at 06:28 pm
Weddings are often a once-in-a-lifetime event that requires substantial financial planning. Whether it’s the venue, food, outfits, or decorations, expenses can quickly add up. In such situations, opting for a personal loan can be a wise decision, especially when it comes to managing marriage expenses. A personal loan can ease the financial burden, allowing you to enjoy your special day without worrying about immediate payments.
Indian IT firms face rising wage bills as demand for skilled professionals grows
Jan 15, 2025, at 04:37 pm
New Delhi: As Indian IT companies experience higher revenue productivity amid slower workforce expansion, HCLTech CEO C Vijayakumar has underscored the sustained demand for skilled professionals, which will contribute to escalating wage costs, media reports said.
Schneider Electric to automate India’s largest water treatment plant in Mumbai
Jan 15, 2025, at 04:17 pm
Mumbai: Schneider Electric, a global leader in energy management and automation, has secured the contract to automate India’s largest water treatment facility, located in Bhandup, Mumbai.
Adani Group in advanced talks to acquire Emaar India for up to Rs 5,000 cr
Jan 15, 2025, at 03:54 pm
Mumbai: The Adani Group is reportedly in advanced discussions with Dubai-based Emaar Properties to acquire a majority stake in its Indian subsidiary, Emaar India, for an estimated Rs 4,000-5,000 crore.
Udaan secures NCLT approval for corporate restructuring, eyes IPO by 2026
Jan 14, 2025, at 09:39 pm
New Delhi: Udaan, India’s leading business-to-business (B2B) e-commerce platform, has received approval from the National Company Law Tribunal (NCLT) for its corporate restructuring plan, media reports said.
Rupee rebounds 8 paise to 86.62 against US dollar, recovering from historic low
Jan 14, 2025, at 08:20 pm
New Delhi: The rupee rebounded from its historic low, gaining 8 paise to settle provisionally at 86.62 against the US dollar on Tuesday, as the American currency retreated from record highs, Reuters reported.
Adani group faces DoT scrutiny over delayed 5G rollout and compliance issues
Jan 14, 2025, at 07:33 pm
New Delhi: The Adani Group is reportedly under investigation by the Department of Telecommunications (DoT) for failing to meet its 5G rollout obligations over two years after obtaining a unified telecom licence.
India's WPI inflation rises to 2.37% in December; retail inflation eases to four-month low
Jan 14, 2025, at 07:26 pm
New Delhi: India’s wholesale price index (WPI) inflation climbed to 2.37% in December, up from 1.89% in November, driven by rising prices of manufactured goods and a favourable base effect, according to government data released on Tuesday.
India's December retail inflation eases to four-month low of 5.22 percent
Jan 13, 2025, at 06:37 pm
India's retail inflation eased to touched a four-month low of 5.22 percent in December, from 5.48% in the previous month, as per government data released on Monday.
BSE Sensex crashes 1048 points, Nifty drops by 345
Jan 13, 2025, at 04:43 pm
The BSE Sensex crashed for the fourth consecutive session on Monday by 1048.90 points to end at 76,330.01.
QR code scam in MP’s Khajuraho: Fraudsters target businesses, divert payments
Jan 12, 2025, at 09:54 pm
Bhopal: Several businesses in Madhya Pradesh’s Khajuraho were caught off guard when payments made by customers via QR codes failed to reach their accounts, media reports said.
L&T CEO SN Subrahmanyan, who pushed for 90-hour workweek, has Rs 51 cr pay package
Jan 12, 2025, at 09:28 pm
Mumbai: Larsen & Toubro (L&T) Chairman and Managing Director SN Subrahmanyan, who is at the centre of a controversy over his comments on work-life balance, received a total compensation of Rs 51 crore in the last financial year.
Adar Poonawalla's witty jab adds spark to 90-hour workweek debate
Jan 12, 2025, at 08:03 pm
The ongoing debate about extreme work hours gained a humorous twist, courtesy of Adar Poonawalla, CEO of Serum Institute of India.
Ireda Q3FY25 net profit rises 27% to Rs 425.38 cr; loan disbursements up 41% Y-o-Y
Jan 11, 2025, at 02:19 pm
New Delhi: State-run financier Indian Renewable Energy Development Agency (Ireda) posted a net profit of Rs 425.38 crore for the October-December quarter of FY25, marking a 27% increase from Rs 335.53 crore in the same period last year, as per regulatory filings.
Rupee hits historic low of 85.97 against USD, marks tenth weekly loss
Jan 10, 2025, at 09:36 pm
Mumbai: The rupee plummeted to an unprecedented low of 85.97 against the US dollar on Friday, surpassing its previous record of 85.9325 set just a day earlier, media reports said.
Wadia family settles SEBI disclosure violation case for Rs 2.13 cr
Jan 10, 2025, at 09:03 pm
Mumbai: The Wadia family, which runs the Wadia Group of companies, and entities linked to Bombay Burmah Trading Corporation (BBTC) have resolved allegations of delayed shareholding disclosure violations with the Securities and Exchange Board of India (SEBI) by paying a settlement amount of Rs 2.13 crore, media reports said.
India's Industrial output hits six-month high with 5.2% growth in Nov
Jan 10, 2025, at 08:16 pm
New Delhi: India's industrial output, determined by the Index of Industrial Production (IIP), touched a six-month peak, recording a growth of 5.2% in November 2024, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
Jan 10, 2025, at 11:33 am
New Delhi/IBNS: The Larsen and Toubro has backed its chairman SN Subramanyan's controversial appeal to his employees to work even on Sundays stating the remark was a reflection of "larger ambition".
Latest UN report shows global economic growth is projected to remain at 2.8 per cent in 2025
Jan 10, 2025, at 08:29 am
Global economic growth is projected to remain at 2.8 per cent in 2025, unchanged from this past year, according to a UN flagship report released on Thursday.
'How long can you stare at your wife': L&T chairman sparks row with 90-hour workweek suggestion
Jan 09, 2025, at 11:00 pm
Mumbai: Larsen & Toubro (L&T) faced backlash after its chairman SN Subrahmanyan, suggested a 90-hour workweek during an employee interaction. Defending his remarks, the company released a statement asserting that "extraordinary outcomes require extraordinary efforts."
TCS Q3 FY25 net profit rises 11.9% to Rs 12,380 cr
Jan 09, 2025, at 09:25 pm
Bengaluru: India's leading IT services provider, Tata Consultancy Services (TCS), reported a net profit of Rs 12,380 crore for Q3 FY25, marking an 11.9% increase from Rs 11,058 crore in the same period last fiscal.
How to Qualify for an Education Loan Without Collateral?
Jan 09, 2025, at 01:01 pm
Going to a foreign country to pursue education can be a dream for many. But it can also be quite expensive at times. Obtaining a study loan for international education can be challenging for students without assets to use as collateral. However, nowadays, major banks like ICICI Bank offer Education Loans without collateral, making it easier to pursue studies abroad. This blog will assist you in understanding what an Education Loan without collateral is and its advantages to the borrower.
SEBI warns Ola Electric over disclosure violations
Jan 08, 2025, at 10:02 pm
Mumbai: The Securities and Exchange Board of India (SEBI) issued an administrative warning to Ola Electric Mobility for violating disclosure norms by announcing its expansion plans on social media before informing the stock exchanges.
Adani Ports ranks among global top 10 for corporate sustainability
Jan 08, 2025, at 09:44 pm
Mumbai: Adani Ports and Special Economic Zone (APSEZ) has earned a spot in the global top 10 transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA) rankings, the company announced.