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Companies, founders, markets and policy: The Daily’s reporting and analysis on the ideas and people reshaping Indian business and the economy.
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Cochin Shipyard has clarified that the more than 40 ship orders from overseas mentioned by Union Shipping Minister Sarbananda Sonowal are part of its existing, already-disclosed order book — not new contracts.
The Daily Desk2 min read
The US Department of Labor has suspended Cognizant, Infosys, TCS, Wipro, HCL, Capgemini, Microsoft and Adobe from the PERM programme, freezing new and pending green card certifications for their employees.
The Daily Desk3 min read
The Reserve Bank of India raised its repo rate by 25 basis points to 5.5 per cent on October 7, its first increase since February 2023, and shifted its policy stance to 'calibrated tightening'.
The Daily Desk2 min read