Mumbai: In a global survey on artificial intelligence (AI), 85 per cent of respondents said their AI investments are meeting or exceeding expectations, with nearly one in four companies reporting significantly better-than-expected returns. However, only eight per cent of organizations have reached the "Transformation" stage of AI adoption, where AI drives innovation, competitive advantage, and industry disruption, said a survey by Protiviti, a global consulting firm. The survey included 1,000 ex...Read More
Mumbai: A majority of new-age companies that set the primary market buzzing with their initial public offerings and listing day gains have failed as long-term wealth creators for IPO and post-IPO investors, according to a study tracking 25 such firms listed between May 2020 and June 2025 across fintech, logistics, consumer internet, quick commerce, and SaaS (Software as a Service). Only 36 per cent of IPO investors and 32 per cent of post-IPO investors generated positive alpha despite strong li...Read More
New Delhi: Observing Partition Horrors Remembrance Day, Prime Minister Narendra Modi on Thursday paid tribute to those who endured the "upheaval and pain" of the Partition of India. In a post on X, PM Modi called the Partition a "tragic chapter" of Indian history. "India observes #PartitionHorrorsRemembranceDay, remembering the upheaval and pain endured by countless people during that tragic chapter of our history. It is also a day to honour their grit... their ability to face unimaginable los...Read More
Bengaluru: Senior BJP leader B Sriramulu has invited K N Rajanna, who was recently sacked as minister from the Congress government, to join the party along with his son and MLC Rajendra Rajanna, even as a state minister and some ruling party legislators met the MLA. This group of Congress MLAs along with Minister Satish Jarkiholi met Rajanna at his residence on Wednesday and held discussions. "The whole community (ST/Valmiki) and its leaders are with you, come to BJP. You and your son come to ...Read More
HYDERABAD: BRS working president KT Rama Rao on Wednesday described the Supreme Court order on nomination of two MLCs as "a slap in the face of both the Congress and the BJP". The apex court issued an order modifying its earlier interim directive on the nomination of Prof M Kodandaram Reddy and Amer Ali Khan to the state Legislative Council under the Governor's quota. In a press statement, Rama Rao said that the Supreme Court declaring invalid the appointments of Kodandaram and Amer Ali as MLC...Read More
Shimla: The Army rescued four people, including one injured, after flash floods hit parts of Himachal Pradesh, an official statement issued on Thursday said. The flash floods triggered by a cloudburst hit the higher reaches of Rishi Dogri valley in Kinnaur district on Wednesday evening and the bridge across the Sutlej river was inundated. The site was an active road construction zone under CPWD towards Gangthang Bralam, the Army said....Read More
NEW DELHI: An ongoing case in the Delhi High Court has brought fresh focus on corruption and extortion rackets allegedly operating inside Tihar Jail, with the court informed on Wednesday that nine prison officials have been suspended and transferred following a preliminary probe. The officials are accused of colluding with inmates to extort money in exchange for providing certain facilities within the prison. The action followed a series of court directions in response to a petition by a former...Read More
New Delhi: Delhi-based Ivy Entertainment has moved the Delhi High Court against Hyderabad-based People Media Factory (PMF) and its directors, alleging serious contractual breaches in the production of the upcoming Prabhas-starrer The Raja Saab. The company is seeking a refund of its ₹218 crore investment along with 18% annual interest, claiming PMF failed to fulfil multiple obligations under their agreements. According to the petition, Ivy accused PMF of delaying the film's completion and relea...Read More
MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 y...Read More
NELLORE: Sarvepalli MLA and former minister Somireddy Chandramohan Reddy has accused Pulivendula MLA and former chief minister Y.S. Jagan Mohan Reddy of being intolerant of democratic developments in his own constituency. Speaking to media in Nellore, he said for the first time in 30 years, nominations had been filed and polling held for Pulivendula ZPTC, which Jagan Mohan Reddy cannot digest. Somireddy charged that during the YSRCP regime, large-scale irregularities in sarpanch, MPTC and ZPTC...Read More
Hyderabad: The Greater Hyderabad Municipal Corporation's (GHMC) order to shut beef shops and slaughterhouses on the Independence Day (August 15) and Krishna Janmashtami (August 16) evoked mixed response from people in the city. While some felt that the beef shops should be closed on Krishna Janmashtami considering religious sentiments, they said the shops could be allowed to function on August 15. While there are no restrictions on chicken, fish, etc., beef shops were ordered to be closed. So ...Read More
New Delhi: Ahead of Prime Minister Narendra Modi's visit to the Chinese port city of Tianjin at the end of this month for the Shanghai Cooperation Organisation (SCO) Summit, Chinese foreign minister Wang Yi may visit India next week for the 24th round of the Special Representative (SR) talks on the boundary issue between the two nations. According to reports, the visit is likely to take place on August 18. However, there has been no official word or confirmation from either New Delhi or Beijing,...Read More
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an...Read More
Hyderabad: With the India Meteorological Department predicting heavy rainfall over Greater Hyderabad, the Greater Hyderabad Municipal Corporation (GHMC) has placed its machinery on high alert, commissioner R.V. Karnan said on Wednesday. He inspected Musi River water levels and the ongoing Musarambagh bridge construction, stressing the need for continuous monitoring and swift response to safeguard communities and infrastructure. "Our priority is to protect residents and deliver critical infrastr...Read More
Mumbai: Following public outrage, ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas. Under the revised terms, new savings account holders in semi-urban and rural branches will be required to maintain Rs 7,500 and Rs 2,500, respectively, as against the Rs 25,000 and Rs 10,000 decided earlier by ICICI Bank. "We had introduced new requirements for the minimum Monthly Average Balance (MAB) for new S...Read More
Hyderabad: Chief Minister A. Revanth Reddy is said to have been in no hurry to take up afresh the process of nominating the two MLCs Prof. Kodandaram and Amer Ali Khan under Governor's quota. The Chief Minister, according to sources close to him, would wait till the Supreme Court, which on Wednesday quashed the earlier nomination of two MLCs, gives its final verdict on September 17. "There will not be any adventurism in between that puts us in conflict with the judiciary," sources pointed out. ...Read More
Hyderabad: Heavy rains lashed several districts across Telangana on Wednesday, throwing normal life out of gear as lakes and canals overflowed, roads were damaged and vehicular traffic was disrupted. Two deaths were reported from erstwhile Karimnagar district due to the downpour. The India Meteorological Department (IMD) issued a red alert for Medak, Sangareddy and Vikarabad districts for Thursday (August 14, 2025), warning of very heavy to extremely heavy rainfall. The IMD has also advised the...Read More
Hyderabad: Chief Minister A. Revanth Reddy has instructed officials to take steps for the allocation of Bhudhar numbers for agricultural lands across the state. He also instructed officials to develop a mechanism for the speedy completion of mutations and the registration of inherited properties. At a review meeting of the revenue and housing departments at the Integrated Command Control Centre on Wednesday, the Chief Minister enquired about the status of applications received during the recent...Read More
New Delhi: Airbus has appointed Jürgen Westermeier as the President and Managing Director for India and South Asia, effective September 1, 2025. Currently the Executive Vice-President and Chief Procurement Officer at Airbus, Jürgen will succeed Rémi Maillard who will become Executive Vice-President Engineering for Commercial Aircraft and Head of Technology at Airbus. In his new role, Jürgen will spearhead Airbus' business in India and South Asia, across Commercial Aircraft, Defence and Space, a...Read More
Srinagar: The anti-terrorist operation in Kulgam district of Jammu and Kashmir entered the fourth day on Monday as security forces tightened the noose around the ultras engaged in the gunbattle with them. "The encounter has entered its fourth day as intermittent exchange of firing has been going on since Monday morning," an official said. He said the security forces were using all means, including drones and helicopters, to track down the terrorists. Two terrorists have been killed while at lea...Read More
Hyderabad: Chief Minister A Revanth Reddy condoled the demise of Shibu Soren, the former Chief Minister of Jharkhand. Fondly called 'Guruji', the legendary leader inspired the movement for a separate Jharkhand State and achieved it. The Chief Minister remembered Soren's untiring struggle for separate statehood of Jharkhand and resolving the plight of the tribal community. Shibu Soren made his own mark in the fight against drug abuse and exploitation of people by private money lenders, the Chie...Read More
Chennai: Tamil Nadu Chief Minister MK Stalin on Monday backed West Bengal Chief Minister Mamata Banerjee for calling out the Delhi police for allegedly referring to Bengali as a Bangladeshi language, labelling it a "direct insult to the very language in which the National Anthem is composed." Stalin said such remarks were not "inadvertent errors" but a reflection of a regime that undermines India's linguistic diversity. "The Delhi Police, under the Union Home Ministry, has described Bengali as...Read More
New Delhi: The government is likely to push on Monday the passage of a key sports bill in the Lok Sabha, amid a continuing deadlock in Parliament as the opposition's united demand for a discussion on SIR failed to draw a positive response from the ruling alliance. The Lower House has listed the National Sports Governance Bill, which envisages greater transparency in the functioning of sports bodies, for consideration and passage....Read More
New Delhi: Amid the near washout of the first two weeks of the ongoing Monsoon Session of Parliament over the Opposition's united demand for a discussion on special intensive revision (SIR), the government has lined up a number of bills and is likely to push their passage beginning Monday in its bid to wind up its legislative business in the coming days. According to a key government functionary, if disruptions continue to block the government's agenda in Parliament, then it will push for the p...Read More
Hyderabad: The Kukatpally police on Saturday arrested three men for possessing narcotic substances, near IDL lake in Kukatpally. Kukatpally inspector K. Rajesh identified the accused as Kacchawa Kalu Ram, autorickshaw driver from Subhashnagar, Jeedimetla; Shamlal Bishnoi, a chemical worker from Venkateshwara Colony, Quthbullapur; and Anil Bishnoi, 22, a solvent trader from Bank Colony, Suchitra. All three hail from Rajasthan. A search of their belongings led to the seizure of 1.175 kg of ganja, ...Read More
Hyderabad: The Kaleshwaram project was characterised by "rampant and brazen procedural and financial irregularities", the Justice P.C. Ghose commission of inquiry is learnt to have concluded in its report. The commission is learnt to have indicated that such unabashed level of laws being ignored, or rules violated, were likely a result of "sole decision taking" by then-Chief Minister K. Chandrashekar Rao, starting with him picking locations for the Medigadda, Annaram and Sundilla barrages. The ...Read More
Visakhapatnam: Celebrations of Friendship Day this year have dramatically shifted towards digital platforms. While conventional gift shops are witnessing a decline in sales, many young individuals have sent "Happy Friendship Day" wishes to their AI companions via social media. Social media platforms are brimming with posts from young people showing appreciation for their AI friends. A user Harsha tweeted, "Happy Friendship Day to my AI, who has always been there for me, who stood by me, and wh...Read More
Raipur: Chhattisgarh deputy chief minister Vijay Sharma who holds home portfolio on Sunday indicated that his government is working on a stricter law to curb religious conversion in the state and may bring a legislation in this regard in the coming winter session of the Assembly. Mr. Sharma said the state government is working on the plan to make the existing Chhattisgarh Freedom of Religion Act more stringent and as many as 52 meetings were held so far for the purpose. "We are planning to bri...Read More
Hyderabad: The Centre has awarded the Telangana government for securing the maximum number of organ donations in the country. In an event observing the National Organ Donation Day in Delhi, Union health minister J.P. Nadda presented the award to representatives of the state's Jeevandan programme on Saturday. While the national average in 2024 stood at 0.8 organ donations per 10 lakh population, Telangana reported a significantly higher rate of 4.88 per 10 lakh, according to the Union health min...Read More
RAIPUR: Some selfie crazy youths in a forested village in Chhattisgarh's Surajpur district had a narrow escape when a wild tusker menacingly advanced towards them when they were filming it. The incident took place near the village of Ganeshpur under Pratappur forest range, officials said on Sunday. The forest officials issued a warning to the forest dwellers and others not to risk their lives by going close to the wild animals in the forest to take selfies after the video of the incident went ...Read More