Report shows that hybrid work is now a permanent fixture as companies adopt flexibility.

In 2023, companies are increasingly incorporating hybrid work-related roles, according to a report by GlobalData, a prominent data and analytics company. The report highlights significant hybrid job postings in sectors such as construction, insurance, banking and payments, technology and communications, and pharmaceuticals during the third quarter of 2023. Post-Covid-19 job trends indicate a noticeable shift…

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Pressure on prices of US generics decreases in second quarter, but pharmaceutical companies still require a stronger product selection.

Pharmaceutical companies in India are experiencing a period of double-digit revenue growth, despite ongoing challenges in their largest export market, North America. The September quarter saw companies reporting an average revenue growth of 14-15%, thanks to a stabilization in the US generics market. However, concerns remain about the potential return of pricing pressures that have…

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Subscription Status for Fedbank Financial Services

Fedbank Financial Services, a retail focused non-banking finance company (NBFC), saw up to 38% of its public offering subscribed on the first day of the issue on Wednesday. The ₹1,092 crore issue did not receive any interest from qualified institutional buyers on the first day, but 21% of the non-institutional investor portion was subscribed. Additionally,…

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Report: Indian Generation Z spends 73% more time on AI skill acquisition compared to other generations

LinkedIn’s global professional networking platform reported that Gen Z spends 1.3 times more time than Gen X and 2.4 times more time than Baby Boomers on the platform. This demonstrates their significant engagement with the platform. According to Ashutosh Gupta, Country Manager at LinkedIn India, upskilling is no longer optional but imperative. This renewed focus…

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Mukesh Ambani calls upon West Bengal to become the logistics hub of the East, invoking the spirit of ‘Shonar Bangla’

Reliance, one of India’s biggest conglomerates, has made a bold move by announcing plans to invest a whopping ₹20,000 crores in strategic sectors in the state of West Bengal. This significant investment pledge was delivered by Reliance’s chairman and managing director, Mukesh Ambani, during the Bengal Global Business Summit. Ambani’s address at the summit conveyed…

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