Reliance Jio Infocomm chairman Akash Ambani and non-executive director Isha Ambani at the IPO announcement in Mumbai Thursday MUMBAI: In the biggest reshuffle in the country’s corporate rankings in decades, Reliance Industries (RIL) Group is all set to overtake Tata Group as India’s most valuable conglomerate, once Jio Platforms lists.The proposed listing, at an estimated…

AI stocks tumble as debt, valuations and slowing development fears hit market (representative image) AI-linked stocks across global markets plunged on Monday after leaders of some of the world’s biggest artificial intelligence companies called for a slower pace of development, raising fresh questions over the huge investments that have driven the sector’s rally.The warnings from…

The directive seeks to address concerns that companies may try to absorb the contribution by adjusting it against employees’ CTC. (Image for representative purpose only) Will your take home salary come down with the Employees’ Provident Fund Organisation (EPFO) raising the wage ceiling for provident fund calculation purposes from Rs 15,000 to Rs 25,000?On September…