Business Today

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The Cement Chase

Business Today

LIGHT AND LETHAL • A LIGHT TANK MANUFACTURED BY L&T IN COLLABORATION WITH DRDO

FISCAL FORESIGHT • THE RECENTLY RELEASED ECONOMIC SURVEY AND UNION BUDGET 2024-25 REVEAL THAT THE PRIME MINISTER NARENDRA MODI-LED NDA GOVERNMENT IS COMMITTED TO CONTINUING ONGOING INFRASTRUCTURE DEVELOPMENT, WITH A RENEWED FOCUS ON JOB CREATION AND WELFARE FOR THE MARGINALISED. BECAUSE OF SURGING TAX REVENUES AND A CONTROLLED FISCAL DEFICIT, THE GOVERNMENT CAN NOW PRIORITISE ITS DEVELOPMENT OBJECTIVES. LET’S FIND OUT WHAT THE DOCUMENTS SAY ABOUT THE GOVERNMENT’S STRATEGIES AND THEIR OUTCOMES:

Revolutionizing Banking Technology: Nucleus Software's Legacy of Innovative Excellence Three Decades of Trust, Vision, and Innovation

BLUE CHAOS • The CrowdStrike outage has revealed the chinks in the world’s tech armour. Where do we go from here?

SUDDEN IMPACT

Charging Ahead • The Ola Electric IPO, the first public listing by a domestic EV firm, will have a positive impact on all entities of its parent ANI Technologies, stimulating their growth

The Middle Path • Sebi has proposed a new asset class with a ticket size of ₹10 lakh for high risk takers. But such investment options can be complex

NEW PROPOSAL

SILVER LINING • The IT sector’s Q1FY25 results show signs of improvement and the long-term outlook remains positive

“Working to become a more skill-based organisation” • Tanuj Kapilashrami, Chief Strategy & Talent Officer at Standard Chartered on Gen AI’s effect, reskilling, creating a ‘human-plus’ model, and more

THE – CEMENT RUSH • As UltraTech Cement and Ambuja Cements look to expand organically and undertake major buyouts, the sector is set for a dramatic change. What lies ahead?

CONCRETE SUCCESS

HOW THEY STACK UP

RACE FOR CAPACITY

PRUDENT POPULISM • Taking cues from results of the General Elections and with the upcoming state elections in mind, the Union Budget has tried to include something for everyone—from small businesses to coalition partners and the middle class. There’s also a big jobs push. But with just seven months of FY25 left, implementation will be key

THE BUDGET BLUEPRINT

TAX BREATHER

ON A FIRM FOOTING

THE NUMBERS STORY

MAJOR SCHEMES

‘‘We have kept our word on fiscal consolidation” • Finance Minister Nirmala Sitharaman discusses the Union Budget 2024-25 and the thinking behind certain proposals

A Progressive, Futuristic and Inclusive Plan • The Budget is filled with a number of proposals that hold great potential to boost India’s long-term growth, and which have been crafted with great imagination

A Sustainable Growth Path • In line with the vision of Viksit Bharat, the Union Budget, with smart allocations, addresses complex challenges

DIGITISATION OF ADANI AIRPORTS TO ENHANCE OPERATIONAL EFFICIENCY, CUSTOMER EXPERIENCE & SUSTAINABILITY • Digital transformation in airports uses technological advancements to enhance safety and security while streamlining their operations. Adani Airports Holding Ltd (AAHL), a subsidiary of Adani Group, has embarked on a digital transformation journey to enhance its operational efficiency, customer experience, and sustainability. It is investing in cutting-edge technologies, including Al, loT, Big Data, Video Analytics and others to create a future-ready, next-generation airport ecosystem that multiplies value across all facets of operations.

FOCUS ON INFRA

BUDGET BOOST • Union Budget 2024-25 has focussed on energy and rural infrastructure, with the NDA’s allies Bihar and Andhra Pradesh...