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Abhyjith K. Ashokan
Articles by Abhyjith K. Ashokan

Ola Cabs to now use Ola Maps instead of Google Maps, CEO Bhavish Aggarwal says

Ola exits Microsoft Azure and Google Maps to use its own in-house technologies from Krutrim, seemingly to eventually achieve vertical integration.

Bhavish Aggarwal, co-founder and CEO, ANI Technologies that runs Ola Cabs (HT File Photo)
Published on Jul 07, 2024 02:04 PM IST

Zerodha’s Nithin Kamath sees ‘tough times’ for broking as Sebi regulates options

Zerodha's Nithin Kamath says brokerage firms will take a hit on profits if Sebi implements restrictions on options trading.

Zerodha co-founder Nithin Kamath
Published on Jun 30, 2024 06:17 PM IST

Mark Zuckerberg says AI competitors try to create 'God’ instead of useful tools

Mark Zuckerberg said Meta is working on multiple AI tools for different purposes, compared to competitors Google and OpenAI that focus on single products.

Meta's CEO Mark Zuckerberg. (Reuters)
Published on Jun 29, 2024 05:26 PM IST

World Bank expects India's remittance growth rate to halve in 2024 from 2023

India's remittance growth may slow down in 2024 compared to 2023 when it surged, as inflation dampened in US and Europe, with labour markets remaining strong.

India was the country which received the highest amount in remittances in 2023, followed by Mexico, the Philippines, and Pakistan. (Reuters)
Published on Jun 27, 2024 06:09 PM IST

Google brings Gemini features for Gmail: Summarise, ask questions, draft mails

Google brings the Gemini AI panel to Gmail following its rollout for other applications like Google Docs, Google Sheets, Google Slides, and Drive.

Google is rolling out a Gemini AI side panel for Gmail, Google Docs, Google Sheets, Google Slides, and Drive.
Published on Jun 26, 2024 11:10 AM IST

Nearly half of India's working professionals want to switch jobs this year: PwC

More employees worldwide say they’re extremely likely to switch jobs in the next 12 months than the ‘great resignation’ in 2022

More employees worldwide are likely to resign or switch jobs compared to the great resignation of 2022
Published on Jun 25, 2024 06:07 PM IST

ONGC and Indian Oil partner up to establish LNG plant near Hatta Gas Field

ONGC said that the discovery at Hatta represents the results of five decades of exploration efforts.

Representational
Published on Jun 22, 2024 05:04 PM IST

Rubber growers in Kerala shift jobs over inadequate support on prices & finances

Kerala, which produces over 90% of India's rubber, sees its growers shifting jobs over weak government support on prices and better opportunities elsewhere.

Latex drips from a tree at a rubber plantation (Jonathan Klein / AFP)
Published on Jun 22, 2024 03:13 PM IST

Tata Steel's UK workers to strike over job cuts and blast furnace closures

Tata Steel will see 1,500 workers of the Port Talbot and Llanwern plants on a strike over the 2,800 job cut plan; the UK's first steelworker strike in 40 years.

Tata Steel's Port Talbot steel production plant is seen at night time (Toby Melville/Reuters)
Published on Jun 22, 2024 01:44 PM IST

Insurers can't advertise ULIPs as investments & mislead customers: IRDAI

The insurance regulator cracks down on misleading advertising practices that make people misunderstand ULIPs as pure investment products.

ULIPs are hybrid financial products that combine insurance and investment.
Published on Jun 22, 2024 11:36 AM IST

Zurich insurance acquires 70% of Kotak insurance, will introduce new brand

This is the largest foreign investment in India's general insurance sector since the FDI limit in the insurance sector was raised from 49% to 74% in 2021.

The logo of Kotak General Insurance
Published on Jun 19, 2024 08:54 PM IST

Government considering income tax rate cut to boost consumption: Budget 2024

Government considers income tax rate cuts to boost consumption in the economy and increase savings for the middle class as consumption growth slowed.

Representational (Unsplash)
Updated on Jun 18, 2024 02:23 PM IST

America's third-largest bank fires employees for faking keyboard activity

The employees were found to have used devices and software known as “mouse movers” or “mouse jigglers,” to imitate activity

Wells Fargo & Co, America’s third-largest bank, continues to reel from a sales scandal that erupted in 2016.(Reuters)
Published on Jun 15, 2024 03:26 PM IST

TCS has 80,000 open job positions due to skill gap

Quarterly results from IT firms including TCS indicate a significant slowdown in the sector.

TCS(Bloomberg)
Updated on Jun 17, 2024 11:40 AM IST

India's industrial output's y-o-y growth increases to 5% in April 2024

The top three contributors to India's industrial output growth are primary goods, construction goods, and consumer durables.

IIP tracks activity in manufacturing, mining, and electricity generation
Published on Jun 12, 2024 08:16 PM IST

General insurance claims to get easier, more insurance products choices: IRDAI

The IRDAI reforms general insurance rules after reforming health insurance rules previously.

Representational(Getty Images)
Published on Jun 12, 2024 06:20 PM IST

X will hide likes, Elon Musk confirms

Elon Musk had told X's engineers he wanted to place a stronger emphasis on post impressions instead of likes and reposts.

Elon Musk with the backdrop of X's logo
Published on Jun 12, 2024 03:50 PM IST

DA hiked for bank employees as inflation rises, 5-day workweek pending approval

Dearness allowance has been hiked for bank employees as inflation increases for the last quarter of 2023.

Representational(Reuters)
Published on Jun 12, 2024 01:36 PM IST

Zerodha investors made 50,000 crore profit in four years: Nithin Kamath

Nithin Kamath had recently praised markets regulator SEBI for making investing easier.

Zerodha CEO Nithin Kamath.(X/Nithin Kamath)
Updated on Jun 12, 2024 08:03 AM IST

European travel to get more expensive as Schengen visa fees hiked by 12%

The European Commission cited inflation and rising civil servant salaries for the increase.

Flight attendants walk next to a banner reading
Published on Jun 11, 2024 02:06 PM IST

Microsoft outsourcing research to OpenAI is good news for Google: Cybersec CEO

The CEO of cybersecurity firm Okta says Google pioneered most of AI advancements and Microsoft could potentially be reduced to a consultancy.

The Google logo is seen on the Google house(Reuters)
Published on Jun 11, 2024 01:16 PM IST

Demat accounts, MF folios won't be frozen if they don't have nominations: SEBI

Providing nomination is still mandatory for new investors, except for jointly held Demat Accounts and Mutual Fund portfolios.

SEBI logo outside the regulator’s office.(HT photo)
Updated on Jun 10, 2024 07:48 PM IST

Suzlon independent director resigns over compliance and transparency issues

Independent director resigns citing governance issues amid the company closing the financial year 2023-24 with its largest ever order book.

A windmill turbine is pictured here for representation. (Reuters)
Updated on Jun 10, 2024 03:01 PM IST

Inflation for industrial workers drops for February, March and April

Inflation for industrial workers drops to 3.87% in April compared to 5.09% last year.

Representational
Published on Jun 09, 2024 01:15 PM IST

Indian stock markets volatile due to heavy selling by foreign investors

Foreign investors are currently selling more Indian shares than buying them as Chinese stocks are cheaper, leading to volatile markets.

Indian markets are still at an all-time high despite FPIs dumping shares
Published on Jun 09, 2024 12:25 PM IST

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate

The RBI had mandated NBFCs with a loan book more than Rs.50,000 crore to list on the stock exchanges.

 Representational
Published on Jun 08, 2024 07:54 PM IST

SEBI looks to allow Mutual Funds to sell CDS schemes; Reform CDS buying rules

SEBI seeks public comments for new CDS rule proposals aimed at improving liquidity in the corporate bond market.

SEBI Bhavan at BKC Bandra in Mumbai.(PTI)
Published on Jun 08, 2024 02:56 PM IST

RBI survey shows Indians feel and expect higher inflation and unemployment

The RBI’s inflation expectation survey and consumer confidence survey show marginally increasing pessimism towards the economy.

The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai.(Reuters)
Published on Jun 07, 2024 08:10 PM IST

India's fiscal consolidation likely to be challenging with coalition govt: Fitch

Fitch believes India's new coalition government will make medium-term fiscal consolidation more challenging.

The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London.(REUTERS)
Published on Jun 07, 2024 07:04 PM IST

Indian airports to profit more and airlines to lose more this year: CAPA

Increasing demand for air travel poises Indian airports to profit more and airlines to post more losses as airlines invest in more aircraft.

Passengers stand at the ticket counter of Indigo Airlines at the airport on the outskirts of Agartala, capital of India's northeastern state of Tripura,(REUTERS)
Published on Jun 07, 2024 04:55 PM IST
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