Budget 2025 Updates: Cabinet approves Union Budget, FM Nirmala Sitharaman to deliver speech at 11am

FM Sitharaman (Image source: CNBC-TV18, Moneycontrol)

All eyes will be on Finance Minister Nirmala Sitharaman today as she presents the Union Budget for the eighth consecutive year in Parliament, a historic achievement that makes her the only finance minister to reach this milestone.

Hero MotoCorp CEO Niranjan Gupta steps down

Gupta replaced Pawan Munjal, who then took over as the chairman and whole-time director of the board. Gupta’s tenure at the firm lasted for eight years.

Vikram Kasbekar, an industry veteran with over five decades of experience in research and development, operations, supply chain, and engineering, will oversee the transition until a new CEO is appointed.

Amul, Mondelez debut on Prasar Bharati’s OTT platform WAVES

Most original content and live streaming feature 20-second and 30-second trailers and promos for available shows. Some of the featured show promos on the platform include Battle of Bands, Yatra, and Rangoli.

For Advertising-Based Video on Demand (AVOD) and Transactional Video on Demand (TVOD) programs, the revenue-sharing model remains 65:35 for which broadcasters and content providers are praising the pubcaster.

Apple’s Tim Cook eyes India’s booming market; CFO Kevan Parekh cites Zomato as an example of enterprise demand

Apple's first store opening in Mumbai is a harbinger of a retail revolution waiting to happen in India. Unlimited by ambition, the brand experience leaves no stone unturned in its flawless execution of the highest global standards. (Image via Twitter - @tim_cook)

With record-breaking sales and a surge in enterprise demand, Apple doubles down on its commitment to India’s growing tech landscape.

Byju’s executive, business partner found in contempt of US court

Bjyu's used to be India's leading online education platform, which valued around $22 billion at its peak. But, the company found itself in trouble with the law and central agencies because of subdued demand and irregularities in foreign investments.

Byju’s Vinay Ravindra and Rajendran Vellapalath failed to answer questions about their roles in stripping software, cash and other assets from Byju’s US businesses.

Auto sector seeks GST revision, inclusive schemes for EVs, bold incentives from Union Budget 2025

Though the auto sector has seen positive changes, certain shortcomings require the attention of policymakers, say experts. (Image source: Unsplash)

Simplified GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, clarity on incentives and schemes are said to augur well for the auto sector and global investments.

Q-Commerce DSPs to dent big tech’s ad revenue in India

Currently, brands allocate approximately 20% of their total revenue to Q-commerce platforms, with some D2C brands dedicating 50–60% of their overall ad budgets to these platforms.

Q-commerce apps like Swiggy Instamart and Zepto are already moving toward building their own Demand-Side Platforms (DSPs). Q-comm ad revenues are expected to surge.