TRANSFORMING INDUSTRIES
LIC launches agency transformation initiative 'Jeevan Samarth'
LIC launched 'Jeevan Samarth' with a global consulting firm to transform its agency framework. The project will review and revamp operations at all levels. CEO Siddhartha Mohanty emphasized aligning with industry changes and providing insurance solutions. Agents will gain tools and skills. Young people are encouraged to join LIC and shape the industry's future.
LIC partners with AT Kearney for agency transformation initiative
LIC, in partnership with A.T. Kearney, launches 'Jeevan Samarth' to transform itself with global practices. CEO S Mohanty emphasized future-proofing 1.4 million agents. The project reviews branch, division, and zonal levels, addressing customers' evolving needs in savings, health insurance, ULIP, and pensions.
Transforming multi unit retail operations with No Code
The retail industry in India is subject to the vagaries of the economy and operates in a competitive market. It needs a relentless focus on operational efficiency to gain any edge.
Consistent winners! 9 stocks gain at least 25% in last four quarters, turn multibaggers
Indian equities soar to all-time highs with Nifty breaking above 24,000 levels, supported by the private banking sector. Sectors like IT and healthcare offer growth opportunities, making a stock-specific approach advisable amidst the current market conditions.
Force Motors partners with EY Parthenon India for digital transformation program
Force Motors has partnered with EY Parthenon India to undertake a digital transformation programme aimed at boosting innovation and productivity across its value chain. The collaboration will focus on redesigning Force Motors' digital landscape, implementing advanced digital platforms, technologies, and solutions for customers, and enhancing its capabilities and security.
TCS expands partnership with Xerox for transformation programme
Tata Consultancy Services (TCS) has expanded its strategic partnership with Xerox to execute an end-to-end transformation program. Xerox also has an outsourcing deal with HCLTech, signed in 2019, and plans to reduce its workforce by 15 percent as part of a 'reinvention' strategy.
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Is it a case of ‘no bad news is good news’ for IT companies now? Rahul Jain answers
Rahul Jain of Dolat Capital says that the guidance for the current fiscal has been very weak in the case of the IT companies that give explicit numbers, be it Infosys or HCL Tech. And if they do not surprise positively during the earnings season, all the momentum can gradually fizzle out.
Transform your CX with G7 CR's disruptive approach towards customer experience
G7 CR Technologies, a Noventiq company, revolutionizes unified customer experience in the tech industry, driving business transformation and enhancing customer satisfaction.
Arunachal CM Pema Khandu to launch new industrial policy and reforms to boost investment and development
Arunachal Pradesh Chief Minister Pema Khandu announced the introduction of a new Arunachal Industrial Policy, aligned with the UNNATI Scheme, to attract investments. After being sworn in, Khandu convened a Cabinet meeting to launch Reforms 3.0, focusing on 24 citizen-centric initiatives. Priorities include 100% digitalization of Finance and Planning Departments, strengthening local administration, and forming the Institute for Transforming Arunachal. Plans also include a new educational policy, revamped Dulari Kanya Scheme, enhanced agricultural policies, and the development of Itanagar-Naharlagun. Additionally, new handloom, handicrafts, and tourism policies will be introduced to boost the economy.
Modi 3.0: Industry seeks roadmap to cement India's lead in global digital arena, vows support
The Digital Infrastructure Providers Association (DIPA) has expressed full support for India's digital and telecom transformation under the new government, emphasising the need for a clear roadmap to solidify the country's leadership in digital infrastructure. DIPA highlighted the success of initiatives like Digital India and PM WiFi Access Network in enabling broad digital adoption, with Director General Tilak Raj Dua stressing the industry's readiness to collaborate with the government.
India showcases investment opportunities at IPEF clean economy investor forum
According to a press release by the Ministry of Commerce and Industry, the event, brought together over 60 global investors and financial institutions, showcasing India's burgeoning opportunities in infrastructure, clean economy, and digital transformation.
The unexpected boon for the otherwise boring industrial products from AI boom
Stocks in the utility space are no longer the sedate ones that are reserved for defensive investors seeking steady returns. They have now caught the fancy of momentum investors and traders. With the successful spinning of the AI story to the power and industrial stocks, they have become the most trending ones that are vying for the top spot, albeit behind tech stocks.
How Jocata is helping financial services industry move from legacy systems to AI-powered solutions
Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
AI will supplement rather than substitute humans: Sivaraman Ganesan, TCS
Sivaraman Ganesan, TCS AI head, shares key findings of AI study, emphasizing the interest in Gen AI. The report highlights early-stage adoption and worldwide momentum in AI.
India is one of the key markets for business growth in industrial space: Siemens executive
Siemens Digital Industries Software is a part of German conglomerate Siemens and is headquartered in Plano, Texas. The company focuses on product lifecycle management (PLM) software and works with industries like aerospace and defense, pharmaceuticals, and automotives. Its products include Teamcentre (a PLM software and collaboration tool), design software NX and low code platform Mendix.
Mother set of Multibaggers: Evolution of EV ecosystem and emergence of new winners from auto ancillary space
Whether it's institutional or retail investors, the desire to find the next multibagger is always high. But it is not easy to find multibagger stocks for multiple reasons. In the last 30 yearsonly two or three sectors have thrown up multibaggers -- IT, pharma and some engineering or industrial segments. Now the auto and auto ancillary sectors are transforming. From next Sunday onward, we take a deep dive into individual auto ancillary companies which have either transformed due to EV space or are changing themselves or will go down as they are not relevant in new age of EV.
A beacon of innovation: How Unilever’s Dubai factory became a global ‘Lighthouse’ in manufacturing
Unilever’s Dubai Personal Care Factory (DPC) is in many ways setting the standard in technological innovation and sustainability, positioning itself as a pioneer in shaping the future of manufacturing.
Flight to sustainability: How microgrids are transforming airports into green energy hubs
Airports worldwide are increasingly investing in microgrid technology as a strong strategic solution that allows them access to continuous, localised, and self-reliant power supply.
India can become third largest economy by '27-28: Arvind Panagariya
"The growth in nominal dollar terms had been at about 10.2% during this period (2004-2024) and mind you that during this period we had to deal with the global financial crisis and then with Covid," Panagariya said, in his address at CII annual business summit.
India could become 3rd largest economy by 2027-28, extreme poverty in rural areas largely conquered: Arvind Panagariya
Arvind Panagariya, Chairman of the 16th Finance Commission, predicts that India could become the world's third-largest economy by 2027-28 if it sustains its growth trajectory of the past two decades. He notes that extreme poverty, which currently affects less than 3% of the population, has significantly declined, especially in rural areas. Panagariya emphasizes the need to address under-employment in agriculture by transitioning workers to the industrial and services sectors for faster urbanization.
Embracing Industry 4.0: Navigating business transformation trends in the digital age
Post-pandemic, the focus on Industry 4.0, Circular Value Chains, Autonomy via Edge Computing, and Demand-Driven Digital Supply Chains reshaped global business dynamics. India's leadership in AI, cybersecurity, and sustainable manufacturing practices highlights its commitment to digital transformation.
‘We are witnessing the return of industrial policy now — unlike the past, this is shaped by a globalised world, climate change and AI’
"Right now, in the post-global financial crisis era, and particularly post-Covid, we are seeing the return of industrial policy but it’s taking a different form from the past — it is far more financialised now, it tries to work within the parameters and institutions of a globalised world and it is much more outward-oriented."
Forbes 30 Under 30: Statiq founders Akshit Bansal, Raghav Arora & TDC founder Bhagya Shree Jain find a spot
Forbes has released its ninth edition of the "30 Under 30 Asia" list, celebrating 300 young entrepreneurs, leaders, and trailblazers under 30 driving innovation and transforming industries across the Asia-Pacific region. The list includes India's Akshit Bansal and Raghav Arora, co-founders of Statiq, and Bhagya Shree Jain, Founder of The Disposal Company. Sharify Services, founded by Bansal and Arora, offers a nationwide network of charging stations for electric vehicles.
IT midcaps weather market storm to enter billion-dollar club
Many other mid-cap IT firms are also eyeing an entry into the billion-dollar club in the coming quarters while the above-mentioned four are chasing the next target of $2 billion, industry observers said. Firms such as Happiest Minds Technologies, Cyient, ITC Infotech and Birlasoft announced their billion-dollar revenue target recently.
Apar Industries shares zoom 8% after company reports Q4 results, announces Rs 51 dividend
Apar Industries recorded a fresh 52-week high on Tuesday apparently propelled by its Q4 revenue growth of 9% YoY. Its PAT, however, declined 3% YoY. The stock has zoomed 208% in the last one year.
Equipping leaders for the AI era: A CEO's toolkit
The critical juncture when AI is taking over the world slowly, a proactive approach and good understanding of Generative AI is required from leadership -- CEOs & CIOs.
PM Modi, Ambani, Adani reshaping India to become economic superpower: CNN report
India is poised to become a 21st-playing a fundamental role in shaping the economic superpower the country will become in the coming decades, according to a CNN report
The Indian beverage industry has transformed to ''Made in India" for the world
The sector also offers direct and indirect employment to a staggering 79 lakh individuals in India, according to a report, ''Economic Value of the Indian Alcoholic Beverage Industry'' by ISWAI.
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