Category: Quick Shorts
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Sales and Operational Challenges faced by chemical Industry
The chemical industry, despite its importance, faces a host of issues in sales and operation. Here are some of the most pressing ones: Sales: Operations: These are just some of the current issues faced by the chemical industry. Companies need…
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Banking on Convenience: New Cards Cater to Specific Needs
IndusInd Bank makes a two-pronged attack on niche markets with its latest credit card offerings. Targeting government employees, the Samman RuPay Credit Card seamlessly blends traditional credit perks with the ease of UPI payments. Expect cashback, reward points, movie tickets,…
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Deloitte is now looking at AI to help avoid mass layoffs in future
Strategic Use of AI in Skill Evaluation Deloitte LLP is leveraging artificial intelligence to assess the skills of its existing workforce and formulate plans for transitioning employees from less active business areas to roles with higher demand. This initiative is…
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Deloitte India unveils initiative to cut emissions attributed to software
Cutting-edge Sustainability in Software Development Deloitte India has launched the Enterprise Conscious Code (ECC) initiative during the World Economic Forum Annual Meeting 2024. This forward-looking effort aims to reduce up to 30% of emissions attributed solely to software, contributing significantly…
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Acquisition News: Sun Pharma Buys Remaining Stake in Taro Pharmaceutical
Sun Pharma is acquiring the remaining 21.52% of Taro Pharma for $347.7 million, gaining full control of the subsidiary. This strategic move strengthens Sun Pharma’s global reach, particularly in the US, and allows for streamlined operations and cost synergies. Analysts…
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Deloitte India reboots: Young blood in, old guard out
Deloitte India is shaking things up! They’re offering early retirement (“golden handshake”) to senior partners (55+), aiming to inject youthful energy into their leadership. Why? Attracting young talent & adapting to a fast-changing market. They plan for 30% of their…
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Digital Transformation Propels HUL as Consumers Spend Over 50% of Time Online
HUL’s CEO, Rohit Jawa, revealed that the average Indian consumer is allocating more than half of their time to digital media, showcasing the growing influence of e-commerce and digital platforms. In response, HUL has appointed its first chief digital officer…
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Challenges Ahead for RIL’s O2C Division Despite Overall Profit Growth
Reliance Industries Ltd (RIL) recently disclosed a 9.3% YoY increase in its consolidated net profit for Q3 2023, displaying robust performance in its retail and telecom sectors. However, the spotlight falls on the oil-to-chemicals (O2C) division, which is expected to…
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Jio Platforms’ Resilient Growth in Q3FY24
In the third quarter of FY24, Jio Platforms Ltd (JPL) exhibited notable financial strength, reporting an 11.6% YoY increase in net profit, totaling ₹5,445 crore. This accomplishment is situated within a broader narrative of sustained growth for Jio Platforms, marking…
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Tata Steel’s Strategic Move: Closing Port Talbot Furnaces for Sustainable Transformation
In a significant strategic move, Tata Steel has announced the closure of two blast furnaces at its Port Talbot Steelworks in Wales, UK. The decision, impacting up to 2,800 jobs, is part of a broader initiative to restructure the company’s…