A naukri.com initiative
Business News
Dev
1w
2.8k
Image Credit: Dev
What I Learned About POS Systems During a Casual Mall Visit
- During a visit to Emporium Mall Lahore, the author gained insights into POS (Point of Sale) systems, recognizing their importance in modern retail businesses.
- POS systems are not just for billing but also aid in calculating bills, tracking transactions, recording sales data for inventory management, and providing real-time updates to the central server.
- Key learnings from interacting with POS operators revealed features like automated inventory updates, business-driven data tracking, and enhancements in customer and staff experiences through streamlined operations.
- The experience underscored the value of proactive learning and respectful curiosity in gaining deeper insights into real-world systems and integrating technology into everyday business practices.
Read Full Article
25 Likes
HinduBusinessLine
1w
810
Image Credit: HinduBusinessLine
TCS Q1 FY26 results: Key takeaways for investors
- TCS experienced a negative 3.1% year-on-year constant currency revenue growth in Q1 FY26, the worst since Q2FY21, primarily due to the lack of follow-through from a large BSNL contract in the previous year leading to a 21% decline in the India business sector.
- Revenue weakness was observed not only in India but also across various geographies such as the US, the UK, and Continental Europe, with challenges expected to persist due to the slowing US economic growth and unresolved tariff wars.
- Although there was a 4% beat in EPS, driven by non-operating items, TCS missed revenue and operating profit expectations by 2% and 1% respectively. The company has been controlling costs, including delaying wage hikes, to support margins, which may become increasingly challenging over time.
- Investors need to be cautious, considering the CEO's note on delays in client decision-making intensifying in Q1. While there is hope for improved international business performance compared to last year, global economic challenges and potential industry structure changes in an AI world may impact TCS's growth trajectory.
Read Full Article
12 Likes
Medium
1w
482
Image Credit: Medium
The Hospitality Revolution: How AI Agents Are Redefining Guest Experience and Empowering Hoteliers
- Hotels are deploying AI agents as 24/7 digital concierges to enhance guest experience and empower hoteliers.
- Implementing virtual assistants and AI technology can lead to a significant increase in guest satisfaction and operational efficiency.
- The use of AI in hospitality industry requires transparency in data collection, upskilling staff, and exploring new revenue streams like affiliate-driven web guides.
- Hotels can benefit from upskilling staff, leveraging AI for routine tasks, hosting wellness-tech events, and embracing eco-friendly practices to stay competitive in the evolving hospitality landscape.
Read Full Article
24 Likes
HinduBusinessLine
1w
20
Image Credit: HinduBusinessLine
Priyank Kharge signals flexible approach on bike-taxi ban, stresses support for innovation
- Priyank Kharge, Karnataka’s Minister for Rural Development and IT, signals a flexible approach on the bike-taxi ban, emphasizing the need to support innovation.
- The ban will continue until a regulatory framework is established, with Kharge proposing a regulatory sandbox for innovative services to operate under certain conditions.
- The Karnataka government is working on establishing the Karnataka Innovation Authority to facilitate emerging business models and policy experimentation, aiming to match the agility of startups.
- Efforts to upgrade Bengaluru’s mobility infrastructure include relaunching the Bus Priority Lane project between KR Puram and Silk Board Junction, alongside plans for integrated public transport allowing commuters to purchase Metro and BMTC bus tickets through mobility apps.
Read Full Article
Like
Moneyweb
1w
289
Treasury hands HIV response a lifeline
- The National Treasury and international donors are providing financial support to South Africa's HIV response to make up for funding cuts from the US government.
- Treasury has agreed to release approximately R753 million immediately to address the shortfall in HIV funding due to the US government's withdrawal.
- The allocated funds will go towards HIV services, medicines, research, and specific programs like the District Health Programme Grant and the Central Chronic Medicine Dispensing and Distribution Programme.
- UNAIDS warns that the sudden withdrawal of US funding could lead to a resurgence in HIV infections and AIDS-related deaths in low- and middle-income countries, with potential devastating effects by 2030.
Read Full Article
17 Likes
Baystreet
1w
268
Image Credit: Baystreet
Dow Rockets as Investors Shake off Trade Developments
- The Dow Jones Industrial Average rose on Thursday with a 205.58 point increase to 44,663.88 during lunchtime trading.
- The S&P 500 also rose 14.59 points to 6,277.85, while the NASDAQ Composite dipped slightly to 20,608.29.
- Shares of Estée Lauder surged by 6% after Bank of America reinstated coverage with a buy rating.
- President Trump announced new tariffs on imported copper and Brazil, citing unfair trade relationships, leading to market reactions and higher Treasury yields while oil prices fell.
Read Full Article
16 Likes
HinduBusinessLine
1w
55
Image Credit: HinduBusinessLine
An Indian summer in England?
- Shubman Gill impresses with three centuries including a double in his debut series as captain, showcasing remarkable form outside of India.
- The Indian team's unexpected changes for the Edgbaston Test, dropping key players like Bumrah and not including Kuldeep Yadav, raised concerns and surprised many observers.
- Akash Deep's standout performance on a challenging pitch earned praise, especially after dedicating his efforts to his sister undergoing cancer treatment.
- Gill's strategic delay in declaring on the fourth day, despite English fans labeling it 'boring,' turned out to be effective as India aimed to prevent 'Bazball' success at Edgbaston.
Read Full Article
3 Likes
Guardian
1w
153
Image Credit: Guardian
Photo agencies to boycott Oasis tour over rights restrictions
- Photo agencies are boycotting the Oasis reunion tour due to restrictions imposed on the use of concert images by newspapers, magazines, and publishers.
- The band's management owns the image rights for just one year, causing concern as industry norms typically allow for perpetual use for editorial purposes.
- The News Media Coalition, representing national newspaper groups and agencies, has complained about the limited rights and decided to boycott the remaining tour dates after negotiations failed to improve terms.
- The restrictions have raised concerns among publishers and broadcasters who rely on still images for editorial reports, impacting their ability to cover the tour and illustrate future content.
Read Full Article
9 Likes
Bloomberg Quint
1w
106
Image Credit: Bloomberg Quint
PC Jeweller To Raise Rs 500 Crore Via Preferential Allotment
- PC Jeweller Ltd. plans to raise nearly Rs 500 crore through a preferential allotment of equity shares and warrants on a private placement basis.
- The company will issue up to 9.72 crore fully convertible warrants to its promoter group at Rs 18 per warrant, amounting to Rs 175 crore, and up to 18.05 crore equity shares to non-promoter public investors at the same price, aggregating to Rs 325 crore.
- In line with the fundraise, PC Jeweller has increased its authorised share capital from Rs 1,260 crore to Rs 1,310 crore by creating an additional 50 crore equity shares.
- The issue price for both warrants and shares is higher than the floor price as per SEBI regulations, and the allotment is subject to shareholder and regulatory approvals.
Read Full Article
4 Likes
Bloomberg Quint
1w
560
Image Credit: Bloomberg Quint
AI Will Not Replace Jobs That Provide Services With High Reliability, Experts Say
- Experts suggest that AI will not replace jobs that provide reliable services with high efficiency.
- High-skilled jobs can be converted into low-skilled jobs with supervision, where humans play a vital role in training AI.
- The use of AI tools can enhance India's value chain, offering cheaper and more reliable services compared to firms in the US.
- Experts emphasize the importance of AI preparedness in the job market, with a projected 65% job transformation in the next few years.
Read Full Article
9 Likes
HinduBusinessLine
1w
264
Image Credit: HinduBusinessLine
Editorial. New multi-State dairy federation holds promise
- A new multi-State dairy federation has been established with the Gujarat Cooperative Milk Marketing Federation (GCMMF) holding a 20% stake, aiming to provide support to smaller dairy federations.
- The cooperative aims to improve technology, quality control, and market access for milk producers, particularly in regions where the unorganised sector still dominates a significant portion of the marketable surplus.
- While dairy cooperatives have been successful in Gujarat and Karnataka, there is potential for expansion in other states, enhancing choices for producers and consumers in regions like eastern and northern States.
- Concerns exist about the new cooperative's significant control by GCMMF, with suggestions for more inclusive stake distribution and involvement of national cooperative organizations for funding and expertise.
Read Full Article
15 Likes
HinduBusinessLine
1w
251
Image Credit: HinduBusinessLine
Letters to the Editor dated July 10, 2025
- Investment is crucial for economic growth as it enhances employment, income, output, and consumption. The state can step in by offering subsidies to entrepreneurs if private investment is lacking.
- Trump's threat of an additional 10% tariff on India, alongside other BRICS members, is seen as leverage and arm-twisting tactics. This comes after initial talks of a trade deal, leading to skepticism about India's position.
- The delay in the GST Council meeting has raised concerns about policy vacuums impacting prices, employment, and income. Suggestions include reducing tax burden, widening the tax net, and leveraging technology to enhance revenue.
- The absence of taxes on health and term insurance is proposed as a way to empower the masses with affordable protection. The hope is for practical solutions to be presented in the upcoming council meeting.
Read Full Article
15 Likes
Bitcoinik
1w
106
Image Credit: Bitcoinik
Bybit EU: Building Trust in a Regulated European Crypto Future
- Bybit EU obtains MiCAR license from Austria and establishes headquarters in Vienna.
- The move signifies a commitment to regulatory compliance and local engagement in Europe.
- Bybit EU aims to offer secure and innovative crypto services within the European Union.
Read Full Article
6 Likes
Bloomberg Quint
1w
144
Image Credit: Bloomberg Quint
No Tax Notice Issued To Eknath Shinde; Case Selection Part Of Scrutiny Process: Govt Sources
- No tax notice has been issued to former Maharashtra Chief Minister Eknath Shinde, clarified government sources, regarding the recent scrutiny process based on pre-defined risk parameters.
- The scrutiny, part of the Computer-Assisted Scrutiny Selection system, flagged cases automatically without human intervention. Cases were selected if taxpayers claimed deductions exceeding Rs 5 crore under specific sections of the Income Tax Act.
- A notice was triggered for Lata Eknath Shinde, Eknath Shinde's wife, for claiming a deduction exceeding Rs 5 crore under certain provisions, but no notices were issued to Eknath Shinde or his son as part of the current cycle.
- The Income Tax Department highlighted that the scrutiny process is technology-driven and applied uniformly to all taxpayers, aiming to ensure digital interface through the Faceless Assessment Scheme.
Read Full Article
8 Likes
HinduBusinessLine
1w
800
Image Credit: HinduBusinessLine
Glenmark subsidiary IGI inks $700-m deal on cancer drug candidate with multinational AbbVie
- Glenmark subsidiary IGI has signed a $700 million deal with AbbVie on a cancer drug candidate in Phase I clinical trials for relapsed / refractory multiple myeloma.
- The drug candidate was developed using IGI’s proprietary BEAT protein platform for oncology and autoimmune diseases, and AbbVie will handle all future development.
- IGI could receive up to $1.225 billion in milestone payments and royalties on net sales. This deal is a significant milestone for India’s pharmaceutical industry, according to Glenmark Pharmaceuticals Ltd's Chairman.
- AbbVie obtains rights for developed markets while IGI gets rights in India and emerging markets. The drug has the potential to impact the multiple myeloma treatment landscape, with sales projected at $50 billion by 2030.
Read Full Article
19 Likes
For uninterrupted reading, download the app