India a very, very bright spot, tech doing wonders: Chanda Kochhar
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The India story today got some unqualified support from ICICI Bank MD and CEO Chanda Kochhar, who said it remains “a very, very bright spot” because of its young demography and has leapfrogged technology like none other.
The India story today got some unqualified support from ICICI Bank MD and CEO Chanda Kochhar, who said it remains “a very, very bright spot” because of its young demography and has leapfrogged technology like none other.
The India story today got some unqualified support from ICICI Bank MD and CEO Chanda Kochhar, who said it remains “a very, very bright spot” because of its young demography and has leapfrogged technology like none other.
The India story today got some unqualified support from ICICI Bank MD and CEO Chanda Kochhar, who said it remains “a very, very bright spot” because of its young demography and has leapfrogged technology like none other.
“Global economy continues to be very uncertain, very volatile. India is a very, very bright spot,” she said, laying a premium on its young demography.
She reminded the audience that one has to learn all the time as “skills become obsolete in no time”.
“Illiterates of 21st century are not going to be those who cannot read or right. Illiterates of 21st century are going to be those who cannot learn, relearn and unlearn,” Kochhar said.
ISB Dean Professor Rajendra Srivastava said it is “heartening” to see that the alumni are already taking on leadership positions.
“We now have over 400 alumni who have moved into CXO positions in the corporate world,” he said. ” The alumni of ISB (which has now completed 15 years) have also started over 400 businesses.”
Other Latest News
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At least nine people were burnt alive and 15 injured when a moving bus caught fire near Tauru in Haryana's Nuh district in the early hours of Saturday, police said.
The incident occurred around 2 am on the Kundli-Manesar-Palwal (KMP) Expressway. The bus was carrying around 60 people, all residents of Punjab's Hoshiarpur and Ludhiana, who were returning from pilgrim towns of Mathura and Vrindavan. All of them are relatives, police said.
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Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to $450 million via sale of dollar bonds, sources said.
JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated interest rate of 9 to 10 per cent per annum, a source said.
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The national capital on Saturday morning recorded a minimum temperature of 27.1 degrees Celsius, 0.6 notch above the season's average, according to the India Meteorological Department (IMD).
On Friday, Delhi witnessed 47.4 degrees Celsius in Najafgarh, making it the hottest place in the country.
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Shareholders in Nestle India have rejected a company proposal to increase royalty payments to its Swiss parent Nestle, the company said late on Friday.
The motion called for the royalty paid to its parent to climb to 5.25 per cent of net sales, net of taxes, compared to the current level of 4.5 per cent. The increase was proposed at a rate of 0.15 per cent per annum.
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Shares of Zee Entertainment soared up to 5.2 per cent at Rs 141.65 per share on the BSE in Saturday’s intraday trade. The hike in the stock prices came after the company delivered a turnaround in quarterly growth for the January-March quarter of fiscal year 2023-24 (Q4FY24).
In the March quarter, the company reported a consolidated net profit of Rs 13.35 crore, marking a reversal from a consolidated net loss of Rs 196.03 crore in the same period of the previous fiscal year.
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