MUMBAI: Delayed payments are putting working capital stress on MSMEs, with average overdue receivables beyond 360 days at around Rs 3.8 crore per firm and a national invoice payment cycle of 73 days, even as 82.6% of invoices are issued with credit periods of 0 to 30 days, a report noted. The Indian SME Receivables…
Turning tide: NHAI hits fast lane in arbitration on stricter monitoring NEW DELHI: NHAI, which handles the highest number of arbitration cases among govt agencies, seems to have seen its fortune change in some recent outcomes due to a greater focus on quality of arbitrators, stricter monitoring of cases and use of AI. Last week,…
BENGALURU: The story of Nagarro cofounder Manas Human spans an unlikely arc — from the tea town of Dibrugarh in Assam and the classrooms of Delhi to the trading floor of the Frankfurt Stock Exchange, where he helped build one of the world’s largest digital engineering companies. Born in Dibrugarh, Human spent part of his…
AI enters cost-conscious era as enterprises chase returns NEW DELHI: The enterprise AI gold rush is giving way to a more disciplined phase. After two years of racing to deploy the biggest models and consume more compute, companies are asking a simpler question: is every AI rupee generating measurable business returns? Uber recently acknowledged that…
Electric passenger vehicle sales may cross 3 lakhs in 2026 CHENNAI: India’s electric passenger vehicle (EPV) market is expected to maintain strong growth momentum in 2026, with annual sales likely to exceed 3 lakh units for the first time, compared with just under 2 lakh last year. So far in 2026, registrations are closing in…
Commerce and Industry minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries. Commerce minister Piyush Goyal is leading a business delegation to Greece as India seeks to deepen bilateral trade, investment and startup collaboration between the two countries, PTI…
Wall Street heads into the second half of 2026 with investors bracing for a closely watched US jobs report that could reshape expectations for Federal Reserve interest rates, even as sharp swings in artificial intelligence (AI) and semiconductor stocks continue to keep markets on edge. Wall Street heads into the second half of 2026 with…
As the Iran war disrupted crude supply routes and raised concerns over shipments through the Strait of Hormuz, IOC, BPCL and HPCL quickly reconfigured refinery operations. They increased LPG production by diverting refinery streams away from petrochemicals, diversified crude sourcing, optimised refinery runs based on available feedstock. Every major crisis India has faced in recent…
The IT services industry “has been stuck at 2-3% revenue growth over the last three years” and, with “AI deflation still only in Year 2,” JPMorgan expects “further headwinds to growth over the next two years.” India’s information technology (IT) services sector faces an uncertain demand environment as generative artificial intelligence (GenAI)-led productivity gains, geopolitical…
As the new trading week begins, investors are set to focus on a mix of domestic economic indicators and global developments, with geopolitical tensions in the Middle East.Geopolitical developments, crude oil prices and a packed domestic economic calendar are expected to steer stock market sentiment this week, with investors closely tracking the fallout from the…
