International Conference on Strategic Management and Business Strategy

Global cues, FIIs key factors to watch, markets may react to assembly polls outcome: Analysts Global factors and FII activity will dictate trends in domestic equity markets this week, while assembly poll results of  Maharashtra  and  Jharkhand  may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday, with benchmark  Sensex  and  Nifty  notching the best single-day gains in more than five months and offering relief after weeks of correction. On Friday, Sensex jumped 1,961.32 points, or 2.54%, to settle at 79,117.11, while Nifty soared 557.35 points, or 2.39%, to 23,907.25. "On the domestic front, the outcomes of the Maharashtra and Jharkhand elections will be crucial triggers. Especially in Maharashtra where the NDA witnessed a one-sided victory, which is likely to boost bullish sentiment further. However, global factors continue to pose significant risks. Escalating tensions between Russia and Ukraine, alon...

  In the name of open economy, we gave unfair advantages to others: EAM Jaishankar According to Mr. Jaishankar, under Modi’s ‘Brand Bharat’, this is being done differently as 'Make in India' has moved from aspiration to an assertion External Affairs Minister S. Jaishankar virtually participates in the India Foundation’s Ideas Conclave on ‘Building Brand Bharat’. | Photo Credit: PTI In the name of open economy, we allowed other countries to get an advantageous playing field in the country and this has to stop, said External Affairs Minister S. Jaishankar on Saturday (November 23, 2024). Mr. Jaishankar was delivering a virtual keynote address at the 8th India Idea Conclave at Bengaluru. This year, the conclave, organised by India Foundation, is exploring the theme, ‘building Brand Bharath’. “In the name of globalisation, we actually hollowed out the manufacturing. SMEs have been hurting for the last 30 years because they see unfair competition, see subsidised goods coming into th...

  UK businesses lose £44bn revenue in five years over cyber incidents  Despite the financial impact of cyber threats, UK companies continue to lag behind in adopting basic cybersecurity measures.   new research from Howden reveals UK businesses are being increasingly targeted by cyberattacks, with 52% reporting at least one incident in the past five years.  This has resulted in an estimated loss of approximately £44bn ($45.9bn) in revenue.  Larger businesses with annual revenues exceeding £100m are frequently targeted, with 74% having experienced a cyberattack within the time frame.   Small and medium-sized enterprises (SMEs) are not immune, with 49% of those with revenues between £2m and £50m also reporting attacks.   The most prevalent types of cyber incidents involved compromised emails and data theft, costing businesses an average of £2.1m and £2m, respectively.  Despite the financial impact of cyber threats, UK companies contin...

  Why Southeast Asia has a distinctive AI advantage southeast Asia’s digital economy is a story of remarkable resilience and dynamism. Millions in the region join the digital landscape every year as consumers, entrepreneurs, developers and creators, driving both economic growth and societal transformation.This underscores the region’s capacity to not only embrace innovation but to translate it into tangible economic gains, delivering a 10x increase in revenue since 2016. Combined with strategic investments and forward-thinking policies, the region’s inherent strengths in artificial intelligence (AI) are set to propel Southeast Asia to the forefront of the global AI revolution. Southeast Asia’s distinctive AI advantage The region already boasts a unique combination of advantages that create a fertile ground for AI to flourish. First, it’s home to a young and digitally native population that readily embraces AI-powered solutions. This enthusiasm is evident in the significant volume o...

  What is PAN 2.0? How does it differ from the old one? The Centre has announced that it is all set to introduce PAN 2.0 — a revamped PAN that will come with a QR code feature, enabling quick scans and full online functionality. The project will also make permanent account number a ‘common business identifier’ for all government agencies’ digital systems The Cabinet ensures that a citizen's existing PAN remains valid, despite the significant digital transformation. Representational Image/News18 Union Minister Ashwini Vaishnaw announced on Monday that the government was all set to introduce PAN 2.0. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the Income Tax Department’s PAN 2.0 Project. The project will make the permanent account number a “common business identifier” for all government agencies’ digital systems. The move is in line with the central government’s flagship programme, Digital India. Here’s all we know about the...