Tier-2 tech companies to continue to outpace tier-1 firms in growth during 3QFY25: Report

EBIT margins for TCS is expected to improve by 40bp QoQ, largely due to investment made in talent development and training, operational efficiency and absence of wage hikes. HCLT’s margins may rise ~50bp due to operating leverage and a strong software quarter, despite a wage hike impact and furloughs. For Infosys, it is anticipated that margins will decline by 30bp owing to furloughs and lower working days, offset by pricing gains, subcontractor cost optimization, and Project Maximus.

A more measured hiring approach in light of only gradual improvements in demand, and a strong USD vs. INR should provide margin cushion in FY26.

Ghatkopar hoarding crash: Key accused on the run arrested from UP after six months

Khan is alleged to be the business partner of the wife of Additional Director-General of Police- Quaiser Khalid, in connection with the Ghatkopar hoarding collapse case.

The SIT team made four arrests in the case which include Bhavesh Bhinde, owner of Ego Media, Manoj Ramkrishna Sanghu, BMC-approved civil engineer, former director Janhavi Marathe and Sagar Kumbhar, the contractor who erected the hoardings.

Poster Wars: BJP, AAP outdoor ad spends cross Rs 150 crore ahead of Delhi elections

Upcoming Delhi election has brought back intense competition in the OOH space, with both parties- AAP & BJP securing back-to-back sites, resulting in a fierce battle for share of voice.

Delhi elections are scheduled for February, and key parties- BJP, AAP and Congress are pulling out all the stops to win over voters. While collective outdoor ad spend is likely to touch Rs 150 crore, digital would also see Rs 100 crore of allocation, as per industry sources.

64% young dog owners and 60% young cat owners find pets as mental health allies: Report

In India, emotional pain from pet loss (23%) is a top reason for not owning a dog, while living conditions and furniture concerns impact cat ownership. (Representative image via Unsplash)

While 42% globally find their neighborhoods pet-friendly, India ranks higher, with 56% viewing it positively. However, 9% of Indian respondents still hold negative sentiments about having pets in their neighborhood.

Motilal Oswal invests Rs 100 cr in seafood startup Captain Fresh

Founded in 2019 by Utham Gowda, Captain Fresh recently raised $7 million from British International Investment to expand its business.

Motilal Oswal Wealth Limited has invested Rs 100 crore in the Bengaluru-based B2B seafood startup Captain Fresh- which has appointed Axis Capital and Bank of America as bankers for its forthcoming IPO.

RBI sets up 8-member panel on ethical use of AI

The panel (set up by RBI) is expected to submit its report within six months of its first meeting.(Image source: Moneycontrol)

The committee by the Reserve Bank of India will establish a governance framework to guide ethical AI adoption across financial institutions including banks, non-banking financial companies, fintechs, and payment system operators.