In a freewheeling interview with Prosenjit Datta, he talks about how GST has helped his textile business, the philosophy behind the brand strategy, why he did not diversify into newer areas, the future of textiles and the Arvind Group, and finally, what he sees as the role of the promoter of a business vis-a-vis the role of professionals.

Nearly 30 per cent trains ran late in the financial year 2017-18, making it the Indian Railways' worst punctuality performance in three years. Between April 2017 and March 2018, the punctuality rate of mail and express trains fell to 71.39 per cent, down from 76 per cent previously.

During an internal meeting last week, the Railway Minister told Zonal Managers that they cannot hide behind the pretext of maintenance work to explain delays in train services. He warned the heads of Zonal Railways that delays in train services will defer their annual appraisals.

Interacting with humans, cobots will save time and money.

Terminal 1 of the IGI Airport has also been connected to the metro network through this corridor that will take the total length of the DMRC network to 277 km.

Dr. Roland Busch, Chief Technology Officer and Member of the Managing Board of Siemens AG, since 2011, was in India recently to kick-start Siemens digital solutions for Indian industries.

PM Modi inaugurates Delhi-Meerut ExpresswayPrime Minister Narendra Modi today inaugurated country's first smart and green highway - the Eastern Peripheral Expressway or EPE- built at a cost of Rs 11,000 crore. The Prime Minister had laid the foundation stone for the project on November 5, 2015. The 135-km long  EPE runs from Kondli - Ghaziabad- Palwal. The Expressway, which has been completed in a record time of about 500 days, has several unique features and is India's first highway to be lit by solar power besides provisions of rain water harvesting on every 500 metres on both sides.GDPR impact: Google, Facebook look at $9.3 bn in fines under new EU privacy lawComplaints of privacy violation have been filed against tech giants Google and Facebook within hours of General Data Protection Regulation (GDPR) taking effect on Friday. Google and Facebook, along with the social media giant's subsidiaries WhatsApp and Instagram, could be fined $9.3 billion in total over privacy complaints of breaking European Union's new privacy law. Austria-based privacy-advocacy group Noyb.eu said that the four companies are forcing users to adopt a \"take it or leave it\" approach regarding privacy, demanding that they give in to intrusive terms of service, a CNET report said.IPO market heats up; 3 dozen companies line up Rs 35,000-crore public offersThe IPO lane seems to get busier as three dozen companies have lined up initial share sale plans worth Rs 35,000 crore in the coming months, largely to fund their expansion projects and working capital requirement. These include six state-run entities -- Indian Renewable Energy Development Agency, Rail Vikas Nigam, IRCON International, RITES, Garden Reach Shipbuilders and Engineers and Mazagon Dock -- as the government intends to unlock the real value of such PSUs and bring in greater accountability.PNB fraud: ED to seek immediate confiscation of Nirav Modi's assets under fugitive ordinanceThe Enforcement Directorate (ED) is set to move a special court in Mumbai to seek permission for \"immediate confiscation\" of about Rs 7,000 crore assets of designer diamond jeweller Nirav Modi under the recently promulgated Fugitive Economic Offenders Ordinance. The agency, empowered by the Union government to enact the new power in the country, will seek an official declaration to categorise Nirav Modi as a \"fugitive\" based on its prosecution complaint.Sudha Balakrishnan appointed first CFO of Reserve Bank of IndiaNSDL executive Sudha Balakrishnan has been appointed the first ever chief financial officer (CFO) of the Reserve Bank of India (RBI) effective May 15, in what is the biggest organisational change since Urjit Patel took over as RBI governor. Balakrishnan, a chartered accountant, was till recently vice president with the National Securities Depository Ltd (NSDL), India's first and largest depository.

Of these three dozen firms, most of these companies plan to utilise initial public offer (IPO) proceeds for business expansion as well as working capital requirements, as per the draft papers filed with the Securities and Exchange Board of India.

Droom, online marketplace for used automobiles, has raised $30 million in series D, led by Toyota Tsusho Corporation of Toyota Group and co-led by Japanese tech company Digital Garage.

Walmart CEO Doug McMillon has said that India is a growth market when it comes to e-commerce and that the brand is eyeing to expand in large scale in the future.

Udacity is currently training 100 engineers at Infy's Mysore campus. The company's courses are typically nine month long but the engineers here are taking an accelerated four-month version.