Business

AIBOC says a five-day work week in banks would reduce fuel consumption, ease operational costs and support the government's energy conservation and austerity push.

The clarification comes after the company received queries from institutional investors regarding proposed amendments to its board nomination framework and how those changes fit into its long-term ownership and control structure.

ixigo unveiled an AI-native travel platform with conversational assistant TARA and automated travel management features.

The RBI has eased rules for non-bank outward remittance platforms, shifting FEMA and KYC compliance responsibility to banks.

The announcement will likely be made later in the day, the report said.

The reason cited by the company was that the cost of procuring milk from farmers has risen by approximately 6%.

The milk price hike probable to affect food inflation and tighten the budget of middle-class consumers.

Aloke Bajpai remarked that it is too early to see any impact in Ixigo's booking and search trends, especially since the announcement was made only a day earlier.

Shaadi.com founder says weekly remote work for 500 employees could save nearly 30,000 litres of petrol annually and cut commute-related fuel consumption by 20%.

The GST Council is expected to meet before mid-July, just ahead of the monsoon session of Parliament, with ride-hailing taxation and broader compliance simplification both on the likely agenda.

Dhurandhar 2's India gross collection is valued at Rs 1,368.98 crore and India net at Rs 1,143.84 crore, while Bhooth Bangla's is valued at Rs 191.78 crore and India net at Rs 161.7 crore.

With the legal challenge dropped, Tata Trusts can now proceed with its May 16 meeting to reorganise its nominees on the Tata Sons board.

This comes after Prime Minister Narendra Modi announced the country to be more prudent on fuel consumption and curtail international travel.

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During a post-earnings conference call, HPCL's managing director and chairman, Vikas Kaushal stated the company is significantly increasing its intake of Russian crude to insulate its margins.

On a sectoral basis, mutual funds rotated into capital goods, capital market-linked companies and non-banking financial firms, while trimming exposure to IT, healthcare and private sector banks.

Uber is keen on using India's tech infrastructure to not only boost its domestic operations but also as a platform for global-scale development.

Energy uncertainty also feeds into rawmaterial strategy. Natural rubber prices remain elevated amid global supply disruptions, while synthetic rubber stays exposed to crude price volatility.

His remarks came after Prime Minister Narendra Modi urged voluntary austerity, including cutting down on petrol and diesel use and putting off gold purchases, to preserve foreign exchange reserves.

Shares of Texmaco Rail & Engineering jumped as much as 10% to Rs 117 on Wednesday after the Kolkata-based rolling stock manufacturer announced a landmark international order worth USD 430.57 million (approximately Rs 4,045 crores)