India’s domestic supplies reduce reliance on imported coal; coking coal imports increase
NEW DELHI: India has imported 9.83% less coal for non-regulated sectors and 8.59% less for domestic power plants (for blending)...
Business
Government to ease licence rules for Starlink
As per the license requirements for GMPCS service, the licensee must use satellites only for authorised services over Indian territory,...
Sebi paper moots steep hike in application size, stricter disclosure norms
"SME listings are closely monitored by exchanges and Sebi to ensure they don't engage in irrational exuberance price manipulation or...
UPI brought many people into financial system: Expert
BENGALURU: India has set a global example by breaking down barriers and enabling millions of people to participate in the...
Borrowing costs very stressful, banks must make loans more affordable: FM Sitharaman
Since May 2020, in the aftermath of the global pandemic, the RBI has slashed the repo rates by a 290...
G20 must push for new taxes, overcome FX barrier to achieve climate finance goals: IDB climate advisor
BAKU: To move away from fossil fuels, the G20 countries must push for new taxes from carbon emitters and overcome...
Retail tomato prices drop 22.4% in November on improved supplies, reports Consumer Affairs Ministry
NEW DELHI: Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry...
India’s growth story remains resilient as global economy lags: RBI governor Shaktikanta Das
The RBI governor also stressed the need to make swift technological advancements.Earlier, Das observed that the last five or six...
‘Cut import duty on synthetic fabric to boost apparel exports’
NEW DELHI: India needs to reduce import tariffs on synthetic fabric if it wants to double apparel exports from the...
Rapido almost halves losses to Rs 370 crore in FY24
Rapido's cost-saving measures also included a 16.9% reduction in employee costs to Rs 172 crore and a 10.8% decrease in...
Forex reserves fall for sixth consecutive week to three-month low
MUMBAI: The pressure on the rupee continued to extract a toll on the forex reserves for the sixth consecutive week...
Uber drivers can record riders’ conversation
NEW DELHI: Uber drivers can now record audio if they feel ‘uncomfortable’ or are concerned about their safety during trips.The...
Viacom18-Star/Disney merger complete; Nita Ambani to lead Rs 70K-crore JV
The country’s largest media house - a Rs 70,352 crore joint venture between Reliance’s Viacom18 and Walt Disney’s local arm,...
‘Tax burden on middle class reduced’
NEW DELHI: Tax burden on the middle class has come down noticeably over the last 10 years, a government source...
Civic bodies must enhance their revenue sources, says RBI report
"Despite significant responsibilities, civic bodies' revenue receipts are quite modest (0.6 percent of GDP in 2023-24) and pale in comparison...
State-run banks’ H1 earnings jump 25.6% to Rs 85,520 crore, says finance ministry
MUMBAI: The finance ministry has said the banks run by it have reported a strong set of numbers with net...
India to become third or fourth-largest revenue head for Siemens in next three years
MUMBAI: The German engineering and technology major Siemens said its 157-year-old operations in India will become the third or fourth-largest...
Maruti Suzuki rolls out fourth generation Dzire at Rs 6.79 lakhs
"Being the market leader we need to be present in all the segments…Our take is this, in each segment, we...
Rupee may depreciate 8-10 per cent during Trump 2.0, says SBI report
The report emphasised that "the fear" that the rupee will depreciate sharply is unfounded.During the Trump 1.0, it said, the...
Zomato launches ‘food rescue’ feature to offer cancelled orders at discounted prices
According to Goyal, the cancelled order will pop up on the app for customers within a 3 km radius of...
Russian oil finds its way to Europe via India; India now biggest exporter of fuel to EU
CREA in the latest report said India, the world's third largest oil-consuming and importing nation, in October bought Euro 2...
Ola Electric to launch new EVs every quarter, expand store network to 2,000 by 2025
MUMBAI: Ola Electric, India’s largest electric two-wheeler manufacturer, is ramping up its expansion efforts with plans to launch one new...
Asian Paints net income plunges 43% on weak demand
MUMBAI: The largest paint-maker Asian Paints has reported a steep 43 percent on-year plunge in consolidated net income at Rs...
Sonata Software plans to hire 700 freshers amid earnings challenges
BENGALURU: Bengaluru-based mid-tier IT company Sonata Software has announced plans to hire 700 freshers in the 2024-25 financial year. According...
SBI net profit zooms 28% on better asset quality, credit growth
MUMBAI: The State Bank of India (SBI) has reported a 28 percent on-year growth in net profit at Rs 18,331...
I-T dept conducts survey at Truecaller India offices in tax evasion case
NEW DELHI: The Income-Tax Department Thursday carried out a survey operation at offices of Swedish caller ID platform Truecaller on...
Sensex, Nifty take a hit after Trump boost
Jasani said that Asian equities, excluding China, witnessed sharp foreign outflows in October ($15.38 bn - largest monthly net sales...
India very important market, Kylaq to help achieve 1 lakh annual sales: Skoda Auto CEO
Czech automaker Skoda said on Wednesday that India remains a very important market for them and the launch of a...
RBI Governor says rising central subsidies may trim H2 growth but reiterates 7.2% GDP forecast
MUMBAI: Even as he reiterated the RBI's growth forecast of 7.2 percent for this fiscal, Governor Shaktikanta Das has said...
Auto component maker Sundram Fasteners’ net profit up 10.5%
MUMBAI: Auto component maker Sundram Fasteners has reported a standalone net profit of Rs 130.64 crore for the three months...
Netflix to remove nearly all interactive titles by December 1
Netflix will remove most of its interactive shows and films on December 1st, according to a statement provided to The...
Suzuki Motor Corporation reveals first mass-production electric vehicle, the ‘e VITARA’
Japan’s Suzuki Motor Corporation (SMC), the parent company of India’s largest carmaker Maruti Suzuki India Ltd (MSIL), unveiled its first...
Know about free health insurance for citizens above 70 years
BENGALURU: Now, every senior citizen who is above 70 years will be eligible for a Ayushman Vaya Vandana (AVV) Card....
SBI Card net income declines 33% to Rs 404 crore
NEW DELHI: SBI Cards and Payment Services Ltd (SBI Card) on Tuesday reported a 33% decline in net profit to...
Marico net profit rises 20% to Rs 433 cr; revenue from ops up 7.6% to Rs 2,664 cr
NEW DELHI: Homegrown FMCG major Marico Ltd has reported an increase of 20.27% in consolidated net profit to Rs 433...
Who shrank India’s middle class?
Slowing consumptionIt is significant the government has finally given up its ostrich-like posture, and is now conceding that indeed there...
LIC set to enter health insurance sector, eyes major market share
Reiterating the company’s preference for acquiring a stake rather than launching a new entity, Mohanty said, "We will be buying...
An economist of towering simplicity and great learning
His towering simplicity is revealed in his final writings, when he analysed the transient nature of his achievements. He acknowledged...
Commercial LPG cylinder price rises by Rs. 62 to Rs. 1,802 in Delhi
Oil Marketing Companies (OMCs) announced on Friday an increase of Rs. 62 in the price of 19 kg commercial LPG...
Google slapped with fine way greater than earth’s GDP by Russia
The restriction of content from 17 pro-Russian government channels on YouTube has led to a court there slapping Google with...
Investors overestimate short-term market impact, underestimate long-term potential: Madhu Nair
NEW DELHI: Madhu Nair, CEO of Union Mutual Fund, advised investors to stay committed to their investments, asserting that the...
Biocon Q2 net profit declines 84 per cent to Rs 27.1 crore
BENGALURU: Biocon on Wednesday posted an 84.3% decline in its consolidated net profit at Rs 27.1 crore for the second...
Apple’s iPhone exports from India jump 33% in April-September 2024; TN’s Foxconn unit contributes half
This uptick in exports can be attributed to Apple’s expanding component ecosystem in the country, along with subsidies provided by...
Oil companies hike commission paid to petrol pump dealers; no change in fuel prices
Union Oil Minister Hardeep Singh Puri welcomed the intra-state freight rationalisation that he said will "benefit consumers located at remote...
VC investment in India at $3.6 billion in Q3’24: KPMG
The report highlights VC investment trends globally, and pointed out that from a five-quarter high of $95.5 billion in the...
How Much Do Removal Companies in Slough Cost?
Removal Companies in Slough Cost Many Removal companies Slough offer a variety of services that can help you move your...
Apple launches iPhone into AI era with free software update
Because most iPhones currently in use around the world don't have the computer chip needed for Apple's AI, the technology...
October worst month for D-Street: What should investors do?
NEW DELHI: India’s equity market benchmarks, the BSE Sensex and NSE Nifty50, have dropped approximately 8% from their all-time highs...
CPI without food items will make inflation targeting ‘futile’: RBI Governor
MUMBAI: The Reserve Bank Governor Shaktikanta Das has called for reforming the international financial architecture to ensure equitable voice and...
RBI Governor Shaktikanta Das gets top central banker award for second consecutive year
MUMBAI: Reserve Bank of India Governor Shaktikanta Das has been ranked the top central banker by the US-based Global Finance...
Beating expectations, ICICI Bank net income up 14.5 percent to Rs 11,746 crore
MUMBAI: The second largest private sector lender, ICICI Bank, has reported a 14.5 percent rise in net income at Rs...
Nuvama net jumps 77 per cent to Rs 258 crore, AUM crosses Rs 4.4 trillion mark
Commenting on the performance Nuvama Group chief executive Ashish Kehair said that over the past three to six months, global...
Forex reserves continue to decline as the rupee hits new lows
With the rupee coming under tremendous strain—trading below the critical 84 mark for over two weeks—the RBI has been selling...
Delhi techie holds the key to JioHotstar domain
The much-anticipated merger of JioCinema and Disney+ Hotstar is set to shake up India’s streaming world, potentially creating a powerhouse...
Cryptos, offshore betting platforms used for illicit activities
The report also talks about Real Money Games (RMG), which refers to an online skill game where users deposit, either...
India to see 20 times growth in computing capacities in 2024; will export AI soon: Nvidia CEO
MUMBAI: India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities...
India holds immense potential in shaping future of AI: Meta’s chief AI scientist
BENGALURU: India has an important role to play, not just in technology and product development, but also in research in...
Zomato raises platform fee to Rs 10 as ‘festive season adjustment’ ahead of Diwali
The platform fee is distinct from other charges associated with orders, such as GST, delivery fees, and restaurant charges. Customers...
Hyundai set to hit the bourses with flat to modest listing gain
Shares of India’s second-largest carmaker Hyundai Motor India Ltd (HMIL) are expected to debut on the domestic stock exchanges with...
Q3 sees 13% sales drop, 34% launch decline
Certified Financial Planner, Lt. Col. Rochak Bakshi (Retd.), Founder and CEO of True North Financial Services, said that real estate...
Why non-bank lenders continue to come under regulatory axe?
MUMBAI: Non-bank Financial Companies (NBFCs) have never been under so much regulatory fire like they are in 2024. To be...
Mid-and small-cap mutual funds attract Rs 30,350 crore in H1 FY25 on strong returns
While the previous year saw even higher returns that led to higher inflows, the current performance continues to draw investor...
GoM moots GST relief for health insurance premium
NEW DELHI: The Group of Ministers (GoM) constituted by the GST Council to look into the demand for lower rates...
HDFC Bank posts a street-beating 5% growth in net at Rs 16,820 crore
In the reporting quarter, gross advances rose 7 percent to Rs 25.19 trillion, and the chief financial officer refused to...
How Do You Install Rubber Bricks?
Install Rubber Bricks Whether you need to reduce the noise or vibration in an area, or simply want to make...
IT industry hiring again; focus on specific skills
BENGALURU: After nearly four-six quarters of slowdown in hiring in the IT industry as clients scaled back to optimise costs,...
Meta unveils AI tie-up with horror movie producers
PARIS: Tech giant Meta has unveiled a partnership with horror film production company Blumhouse to road-test its latest AI video...
RBI bars Asirvad Micro Finance, Navi Finance, two other NBFCs
MUMBAI: Within a fortnight off issuing a stern warning and asking to them to behave, the RBI on Thursday took...
QIBs to the rescue after Hyundai’s mega IPO falters with retail investors
HMIL is selling its shares in the price band of Rs 1,865-1,960 apiece. At the top end of the price...
Will do best to serve people of India: Musk
Musk urged TRAI for a fair decision and encouraged competition for the benefit of Indian consumers. In a reply of...
Hyundai IPO struggles to gain traction, lags behind LIC, Paytm in first two days
India’s biggest IPO, launched by the local arm of South Korean auto giant Hyundai Motor Company (HMC), is struggling to...
Bomb hoax forces Air India plane to make emergency landing in Canada
"Air India notes that it, and other local airlines, have been subject to a number of threats in recent days,"...
300 employees of Adani-controlled Thiruvananthapuram Intl Airport opt for transfer to AAI-managed ports
In a significant turn of events, over 300 employees of the Adani-controlled Thiruvananthapuram International Airport have opted to transfer to...
Retail inflation at nine-month high of 5.49%
NEW DELHI: Retail inflation, as measured by the Consumer Price Index (CPI), reached a nine-month high of 5.49% in September...
Inside Spain’s acute housing crisis
Housing becoming a 'fantasy'The crisis has dogged Sanchez's fragile minority government which prides itself on defending the working classes, as...
How estate planning plays crucial role in preserving wealth
Common misconceptionsAs per Shah of IndusLaw, estate and succession planning are often seen as taking away self-control and giving control...
Street on Hyundai India’s IPO
The Initial Public Offering (IPO) by Hyundai Motor India Ltd (HMIL), the country’s biggest maiden share sale in its capital...
RIL, Maruti, L&T join PM’s internship scheme
NEW DELHI: Reliance Industries, L&T, and Maruti Suzuki are the latest companies to show interest in hiring interns under the...
208 infrastructure projects worth Rs 15.39 lakh crore recommended for approval
It has been designed for faster planning and better design so that the impact of an investment is maximised.The NPG...
Net direct tax revenue grows by 18.3% to Rs 11.25 lakh crore
NEW DELHI: Net direct tax collection increased by 18.3%, reaching Rs 11.25 lakh crore as of October 10 this fiscal...
Sebi orders probe into Trafiksol IPO disclosures; halts listing on BSE SME platform
NEW DELHI: Markets regulator Sebi on Friday decided to conduct a detailed investigation into the disclosures made by SME firm...
TCS profit logs 5% growth in Q2; revenue up 7.6%
MUMBAI: Tata Consultancy Services, the largest software exporter from the country, has logged in a 5% growth in net income...
Adieu to Ratan Tata: Remembering a colossus who always stayed calm and warm
The year was 1992. State-run Indian Airlines (now Tata-owned Air India) ran a poll to pick their most-loved passenger on...
War on inflation is almost won: RBI Governor Das
MUMBAI: The Reserve Bank on Wednesday retained the retail inflation projection at 4.5% for fiscal 2025, with Governor Shaktikanta Das...
Ratan Tata battling for life in Mumbai’s Breach Candy hospital, says report
Ratan Tata was the Chairman of the Tata Group till 2012 when he finally decided to step down after 22...
Magicpin largest food delivery app on ONDC
BENGALURU: Food delivery app magicpin has touched nearly 1,50,000 daily food and logistics orders on the Open Network for Digital...
Tyre makers flag concerns over natural rubber availability
ATMA has urged the Rubber Board to expedite the publication of monthly NR production and publish early estimates of NR...
Centre moves in to ease prices, rolls out vans selling tomatoes at Rs 65/kg
“The intervention is to protect consumers from recent increase in tomato prices and prevent windfall gains for intermediaries. NCCF is...
Vodafone Idea, Ericsson partner to source telecom equipment to develop 4G, 5G networks in India
Andres Vicente, Head of Ericsson’s Market Area Southeast Asia, Oceania, and India, emphasized that 5G is a critical enabler of...
의료 분야에서 여성 파트타임 일자리를 찾을 수 있나요?
의료 분야에서 여성 파트타임 여성 건강은 의료 분야에서 중요하고 성장하는 분야입니다. 이 분야는 개인적 성취, 장기 환자 관계, 지역 사회...
Insurance surrender value: What it means for policyholders?
MUMBAI: After many a dilly-dallying and revision spanning close to three years, the new surrender value norms by regulator Irdai,...
Abhinandan Lodha floats ‘plots-only’ realty model
Family break-upI first met the young Abhinandan over a decade ago, when the Lodha Group had acquired Mumbai’s Shrinivas Mills...
Centre notifies new labelling rules for eco-friendly products
The Centre on Tuesday notified the Ecomark Rules. It will replace the Ecomark Scheme of 1991. The scheme relates to...
Big relief for real estate; Input tax credit allowed on construction costs for rental buildings
The Supreme Court on October 3 made a landmark ruling that allows property owners to claim input tax credit, or...
MS Dhoni invests additional Rs 3 crore in IPO-bound Garuda Aerospace
Cricketer MS Dhoni has topped-up his investment in drone start-up Garuda Aerospace and rejoins the IPO-bound start-up as brand ambassador.Sources...
BMW calls for green tax to boost net zero emission efforts
MUMBAI: Amidst talks about increasing GST on electric vehicles -- all of them, including luxe ones, currently attract a flat...
Madam FM, Make in India lion has to roar for us to become world’s third largest economy
On its part, the government, with unbridled enthusiasm, did all it could to make it work. From reducing the corporate...
Digital to drive media revenue growth to 8% in next two fiscals to Rs 60,000 crore
MUMBAI: The sizzling digital space will help media companies to print in an 8 per cent annual revenue growth over...
Hotel industry projected to grow 8-9 per cent annually
MUMBAI: The hospitality sector is currently on an upcycle, driven by favorable demographics, robust domestic demand with supply lagging behind...
Office space leasing hits record high at 53.43 mn sqft during January-September 2024
MUMBAI: Gross leasing activity in Q3 touched 19.89 million square feet (msqft) up 8.2 per cent on-quarter making it the...
Mahindra nears Hyundai, eyes No. 2 spot in Indian car market
“No other carmaker is capitalising on the SUV wave as good as Mahindra. They have delivered one blockbuster product after...
Swiggy CEO critiques ‘hustle culture’
Swiggy Food and Marketplace CEO Rohit Kapoor has voiced strong opposition to the toxic "hustle culture" prevalent in various industries....
SEBI gives markets a breather by skipping any action
The board also enhanced the scope of optional T+0 settlement cycle from the present 25 stocks to top 500 based...
Ashneer Grover settles dispute with BharatPe
BENGALURU: After about 2.9 years, fintech firm BharatPe and its former co-founder Ashneer Grover have reached a settlement and the...
Nifty 50 likely to trade in the range of 25,900 and 26,500 this week: Experts
“Looking ahead, it will be interesting to monitor Foreign Institutional Investors (FIIs) and their flow into India. September saw the...
SEBI board meeting set to address allegations against chairperson Madhabi Puri Buch
It is unusual that SEBI did not call for an emergency board meeting following the Hindenburg and Congress allegations, especially...
Moody’s downgrades Israel credit rating on high ‘geopolitical risk’
A day after its Palestinian ally Hamas staged an unprecedented attack on Israel on October 7, Hezbollah started fighting Israeli...
Trump vows to prosecute Google for showing ‘bad’ stories on him
The Trump post came after a conservative group reported on what it said it found when doing a search on...
FPI equity inflows surge to Rs 57,000 crore in September, over half of CY24’s total so far
Vinit Bolinjkar, Head of Research- Ventura Securities, said, “FPIs continued their inflows during the first four days of the current...
UK clears $4 billion AI partnership between Amazon, Anthropic
LONDON: Britain's competition regulator on Friday cleared Amazon's investment of up to $4 billion in Anthropic, an American developer of...
Accenture posts full-year fiscal 2024 revenue of USD 64.9 billion
BENGALURU: IT services firm Accenture, which announced a USD 4 billion share buyback, has posted fourth-quarter revenues of USD 16.4...
Tax tweaks for over 100 items discussed, next meeting on Oct 20
The GoM would discuss the views of its members in the meeting scheduled to be held on October 20 and...
BookMyShow lodges police complaint against sale of ‘fake’ tickets for Coldplay event
MUMBAI: Online ticket aggregator BookMyShow has lodged a police complaint in connection with the alleged sale of fake tickets for...
India’s foodgrain production hits record 332.22 mn tonne in 2023-24: Govt
NEW DELHI: India's foodgrain production reached a record 332.22 million tonne in the 2023-24 crop year ended June, driven by...
Has RBI waited too long to cut interest rates and is one around the corner finally?
Retail inflation eased to a five-year low of 3.65% in August, but numbers can tell a different kind of truth....
SEBI must name ‘big players’ profiteering at expense of small traders in F&O trading: Rahul Gandhi
"SEBI must reveal the names of the so called 'Big Players' making a killing at their expense," the former Congress...
Air India derosters three employees over incident on San Francisco-Bengaluru Flight
BENGALURU: Air India has taken three of its staff off duty for an incident involving the non-opening of one of...
Sebi study shows 93% retail traders in F&O lost Rs 2 lakh each in FY 22-24; collective loss over Rs 1.8 tln
MUMBAI: Further strengthening its belief that F&O segment in not meant for the retail investors, a new study by the...
Reliance Power to raise long-term funds
NEW DELHI: Following Reliance Infrastructure's announcement of Rs 6,000 crore fundraising plans, another Anil Ambani group company - Reliance Power...
Lokpal claims complaint against SEBI chief ‘falls short’ of grounds for ordering probe
Hindenburg had said 18 months since its damning report on Adani, "SEBI has shown a surprising lack of interest in...
Ethiopians struggle with bitter pill of currency reform
Addis Ababa: In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the...
iPhone 16 Pro series sees 25 per cent surge in opening sales in India
NEW DELHI: The Pro models of the iPhone 16 series performed well in India's opening sales. A few sellers reported...
Housing sales dip 18% across top nine cities between July and September
In a not-so-positive development for India’s burgeoning real estate sector, new housing launches and sales in the third quarter (July-September)...
Retail inflation for farm workers eased to 5.96 pc in Aug; 6.08 pc for rural labourers
NEW DELHI: Retail inflation for farm workers and rural labourers eased to 5.96 per cent and 6.08 per cent, respectively,...
India set to spend Rs 4.25 lakh crore on weddings in two months
"Given gold's cultural and religious importance, along with its status as a valuable investment, this reduction is expected to significantly...
Accenture plans to push back bulk of its staff promotions by six months: Report
The Dublin -based technology giant, Accenture Plc is planning to push back the bulk of its staff promotions by six...
Federal Reserve slashes benchmark rate by 50 bps for first time in four years
WASHINGTON: The US Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift...
In talks with finance ministry to address rising steel imports from China: HD Kumaraswamy
NEW DELHI: The steel ministry is in talks with the finance ministry to address the issue of rising imports of...
UK’s Tortoise Media in talks to buy The Observer
LONDON: The world's oldest Sunday newspaper, The Observer, could be sold, after its owner of more than 30 years and...
Lenovo launches new Infrastructure R&D lab in Bengaluru
The company also said the Puducherry plant will manufacture five key offerings from Lenovo’s portfolio, including three rack-mounted enterprise AI...
Pallonji Group flagship Afcons gets Sebi nod for Rs 7,000 crore IPO
Afcons has carried out a wide range of complex and challenging engineering, procurement and construction projects both domestically and internationally...
More than 650 offshore gaming companies evade GST: Report
NEW DELHI: The GST department has identified 658 offshore online gaming companies as non- registered/non-compliant and has initiated investigation against...
LG eyes capital market debut in India
NEW DELHI: LG Electronics, the South Korean electronic major, is reportedly eyeing to launch an initial public offering (IPO) for...
Killing Vistara may hurt Tatas in long run
Two parallel airlinesBesides these innovations, the high standards of service, and Vistara’s distinct but unconventional ‘aubergine’ colours gave a new...
Congress slams Madhabi Buch for trading in listed securities while possessing unpublished price-sensitive info
At the press conference, Khera also recapped previous conflict of interest allegations levelled by the Congress against Buch."From September 2,...
Sun and Daily Mail Slash US Digital Jobs Amid Financial Strain
The publishers of The Sun and the Daily Mail are cutting jobs in their American digital operations amid financial pressure...
ما هي أدوات البرمجيات الشائعة لتحليل تداول العقود مقابل الفروقات؟
ما هي أدوات البرمجيات الشائعة بالنسبة للمتداولين المبتدئين والمحترفين، فإن العثور على المنصة المناسبة وأدوات البرمجيات أمر ضروري لتحقيق النجاح....
SoftBank-backed Delhivery alleges IPO-bound Ecom Express provided misleading data
The logistics firm also said that Delhivery delivers pan India and covers 18,793 pin codes as of March 31, 2024,...
Nazara acquires 47.7% stake in PokerBaazi parent Moonshine for Rs 982 Crore
BENGALURU: Gaming and sports media company Nazara Technologies Limited has acquired a 47.7% stake in Moonshine Technology, the parent company...
Private sector must step up infra investment: Fin Services Secretary Nagaraju
India needs to invest at least 8-10 percent of its Gross Domestic Product in infrastructure to sustain a high single-digit...
Airtel business expands global network with Sparkle partnership on Blue-Raman Cable
NEW DELHI: Airtel Business, the B2B arm of Bharti Airtel, has signed an agreement with Italian telecom service provider Sparkle...
A deep dive into how India eats and what it reveals about us
What India is eating is an important input for policymakers and a new working paper has discovered some startling facts....
Microsoft invests Rs 520 crore in 16.4-acre property in Pune’s Hinjewadi
In 2022, the company also acquired a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore. Earlier this year, Microsoft secured...
UAE-backed group sells Spectator magazine, once edited by ex-PM Boris Johnson, after UK block
The Telegraph newspapers -- British right-wing broadsheets -- are still looking for a new buyer.Redbird IMI is majority-owned by Sheikh...
Mutual fund assets soar past Rs 66.70 trillion mark as SIPs hit record highs
Inflows into thematic/sectoral funds remained robust at Rs 18,117.18 crore in August, fuelled by new fund offers, as five new...
Apple unveils iPhone 16 series built for AI, Watch Series 10, AirPods 4
Apple on Monday announced its new iPhone line-up built for generative artificial intelligence as it seeks to boost sales and...
Bajaj Housing issue fully subscribed in four hours; retail quota fully booked
The non-institutional investors category has received 2.53 times subscriptions, while the portion for retail investors has subscribed 1.03 times. The...
GST Council meets today to discuss rate rationalisation, tax on insurance
MUMBAI: The GST Council will be meeting later on Monday to discuss an array of important issues, including the much-discussed...
GST Council to deliberate on taxation of insurance premium, report on online gaming
Prior to that, many online gaming companies were not paying 28 per cent GST, arguing that there were differential tax...
Carlyle-backed Hexaware files for Rs 9,950 crore offer-for-sale share issue
MUMBAI: Private equity major Carlyle-backed digital and technology company Hexaware Technologies has filed for a Rs 9,950-crore initial share sale...
Maharashtra govt nod for USD 10 billion Adani-Tower Semicon proposal
NEW DELHI: The Maharashtra government approved a USD 10 billion semiconductor investment proposal from a joint venture between Tower Semiconductor...
Payroll gains fall short at 142,000; Fed may cut rates further in Sept meeting
August payrolls in the United States grew by 142,000, falling short of street expectations. While this was an increase from...
India to extend sugar export ban to boost local supplies: Report
India plans to extend a ban on sugar exports for the second straight year as the world's biggest consumer of...
Unsold passenger vehicle inventory rises to 7.8 lakh units, valued at Rs 77,800 crore: FADA
Despite an assurance by carmakers to cut down dispatches, top dealer association body, Federation of Automobile Dealers Association (FADA), said...
Gig hiring to soar by 20 pc this festival season, e-commerce on the forefront: Indeed
NEW DELHI: As festival season is about to begin, seasonal hiring is projected to surge by 20 per cent over...
Standalone health insurer Star Health launches policy in Braille
MUMBAI: For the 34 million visually impaired, who constitute as much as 2.5 per cent of our population, there is...
Glas Trust not part of insolvency panel
BENGALURU: Byju's insolvency resolution professional (IRP) Pankaj Srivastava has removed the edtech company's US-based lender Glas Trust from the committee...
Entod Pharma launches PresVu to treat presbyopia, age-related vision problem, in India
Mumbai-based drug maker Entod Pharmaceuticals has launched a first of its kind of an eye drop which helps middle aged...
Household savings rebound as incomes climb: RBI’s Patra
MUMBAI: Rising income levels are driving a revival in household savings, which had been on a declining trend for several...
No payments to SEBI chief Buch after retirement, says ICICI on Congress’ claim
During her employment with the ICICI Group, Buch received compensation in the form of salary, retiral benefits, bonuses, and ESOPs,...
Sebi chief Madhabi Puri Buch drew Rs 16.8 cr from ICICI Bank, alleges Congress
Buch is already in the eye of the storm, following allegations by the US-based shortseller Hindenburg Research last month which...
GST revenue growth in slow lane; August collection up 10 per cent to Rs 1.75 lakh crore
On a gross basis, revenue from domestic transactions in August 2024 increased by 9.2 per cent to Rs 1.25 lakh...
‘Infant attrition’ on rise, accounts for 10-15 per cent of annual labour movement: TeamLease Services
MUMBAI: Poor work-life balance, flexibility, and job dissatisfaction are leading to 4-5 per cent annual increase in 'infant attrition' --...
NRL says Bangladesh operations unaffected despite political turmoil
GUWAHATI: The operations of Numaligarh Refinery Limited (NRL) in Bangladesh have not been affected by the political turmoil in the...
ONGC Videsh steps up efforts to recover dividends from Russia and Venezuela
NEW DELHI: ONGC Videsh Limited (OVL), the overseas arm of ONGC, on Friday said it has stepped up efforts to...
Adani Ports and Special Economic Zone acquire 80% stake in Astro for $185 million
Adani Ports and Special Economic Zone Ltd (APSEZ) has entered into a definitive agreement to acquire 80% stake in Astro,...
Sebi cancels registration of 39 stock brokers, seven commodity brokers
Accordingly, their registration has been cancelled after following the process outlined in the Intermediaries Regulations, 2008.Also, Sebi said all these...
IndiGo co-founder Rakesh Gangwal sells 5.24% stake in parent company for Rs 9,549 crore
Rakesh Gangwal, the billionaire co-founder of India’s largest airline IndiGo, sold a 5.24% stake in InterGlobe Aviation on Thursday for...
Reliance announces Jio AI Cloud Welcome offer; up to 100 GB free cloud storage for Jio users
NEW DELHI: Stepping up the company's AI and cloud play, Reliance Industries Chairman Mukesh Ambani on Thursday announced that Jio...
Sebi asks investors in SME segment to be watchful, accuses promoters of projecting ‘unrealistic picture’
In the ongoing frenzy seen across the Small and Medium Enterprises (SME) segment where all the fundamentals have gone for...
Traders observe a daylong strike across Pakistan to protest rising costs and new taxes
ISLAMABAD: Traders in Pakistan went on strike Wednesday, shutting down their businesses in all major cities and urban areas to...
MFIs heading towards a crisis as bad loans mount: India Ratings
The microfinance sector is facing significant challenges as overleveraged borrowers are missing timely installments. This situation has forced lenders to...
Zee, Sony settle disputes over failed merger, withdraw claims
NEW DELHI: ZEE Entertainment Enterprises Ltd and Sony Pictures Networks India on Tuesday said they have settled their disputes related...
Small finance banks to grow their advances by 25-27 per cent this fiscal
In terms of geographical penetration, their branch networks more than doubled over the five years through March 2024, to 7,400....
RBI to launch Unified Lending Interface to provide 'frictionless credit'
The Reserve Bank is piloting an application for frictionless credit —Unified Lending Interface (ULI). It will be launched nationwide soon...
Tax department made Rs 1.57 lakh crore refunds so far, says official
The Income Tax Department of the Ministry of Finance has processed refunds worth Rs 1.57 lakh crore so far, according...
Zomato CEO Deepinder Goyal announces Dua Lipa to headline Zomato Feeding India Concert
Zomato's CEO, Deepinder Goyal, has announced the return of the Zomato Feeding India Concert (ZFIC), with global pop sensation Dua...
State PSUs in Gujarat in dire straits, reveals CAG report
AHMEDABAD: The Comptroller and Auditor General (CAG) of India has raised serious concerns with regards to the performance of State...
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Cognizant files lawsuit against Infosys over trade secrets; Infosys denies allegations
NEW DELHI: IT major Cognizant's subsidiary TriZetto has slapped a lawsuit on Infosys in a US federal court, accusing the...
GQG raises stake in Ambuja Cements by one per cent
NEW DELHI: Adani Group’s trusted investor - GQG Partners- has increased its stake in Ambuja Cements by 1 per cent...
Sebi bars Anil Ambani from markets for five years, imposes Rs 25 crore fine
NEW DELHI: Markets regulator Sebi has barred industrialist Anil Ambani, 24 other entities, including former key officials of Reliance Home...
Adani family to reduce stake in three group companies to raise Rs 42,000 crore
NEW DELHI: The promoters of Adani Group are likely to reduce their stake in three group entities – Adani Power,...
NCLT okays ICICI Securities delisting, stock falls over 5.4%
MUMBAI: The Mumbai bench of the National Company Law Tribunal (NCLT) has green-lighted the delisting plan of ICICI Securities, the...
Paytm to sell entertainment ticketing business to Zomato for Rs 2,048 crore
Paytm said that its move to sell its entertainment ticketing business underscores its core focus on payments and financial services...
CCI raises concern over cricket broadcast rights
NEW DELHI: The Competition Commission of India (CCI) is said to have raised preliminary concerns that the $8.5 billion merger...
Tax clearance certificate not required for all citizens travelling abroad: CBDT
NEW DELHI: In view of growing misinformation regarding the requirement for Indian citizens to obtain an income-tax clearance certificate (ITCC)...
Tax department targets IVF clinics, medical colleges in cash transaction crackdown
NEW DELHI: The Central Board of Direct Taxes (CBDT) has announced a crackdown on sectors prone to high cash transactions...
Centre finalises draft rules for Digital Personal Data Protection Act, public consulation soon
NEW DELHI: The government has finalised the rules for the Digital Personal Data Protection (DPDP) Act and will release them...
Sensex, Nifty climb in early trade
MUMBAI: Benchmark equity indices Sensex and Nifty climbed in early trade on Monday amid buying in blue-chip stocks Reliance Industries...
Foxconn working on plans to set up battery energy storage system unit in India
SRIPERUMBUDUR: Taiwanese electronics manufacturing giant Foxconn is working on plans to set up a battery energy storage system unit in...
India’s GI-tagged agro-product Figs juice exported first time to Poland
NEW DELHI: In order to get India’s agro-products on the global stage, the Agricultural and Processed Food Products Export Development...
Mid-sized banks start chasing depositors with more attractive rates
Taking a cue from their larger counterparts who have been wooing depositors with attractive pricing of medium-term fixed deposits of...
Windfall tax on crude petroleum reduced to Rs 2,100 per tonne
NEW DELHI: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs...
The short and long of Hindenburg saga
Until the early 1990s, Indian media drew a fat red line between the business press and general interest newspapers, preventing...
SBI hikes lending rate by 10 bps across tenors, raising EMIs for borrowers
NEW DELHI: State Bank of India, the country's biggest lender, has raised the Marginal Cost of Funds-based Lending Rate (MCLR)...
Ola enters electric motorcycle segment, launches Roadster series starting at Rs 75K
Ola Electric on Thursday entered the electric motorcycle segment with the launch of Roadster, Roadster X and Roadster Pro. The...
India aims to become global semiconductor manufacturing hub, says PM Modi
In his 98-minute speech—the longest he has delivered, surpassing his previous record of 96 minutes set in 2016—Modi highlighted the...
K’taka govt stops banking with SBI & PNB; Directs state depts to withdraw deposits
Bangalore: The government of Karnataka has decided to stop all its transactions with two public sector banks --the State Bank...
OYO reports first-ever profit with Rs 229 crore PAT for FY24
Travel tech firm OYO has reported its first-ever profit after tax (PAT) of Rs 229 crores for FY24, according to...
Manappuram Finance net profit rises 12 per cent at Rs 556.5 crore on higher gold loan sales
MUMBAI: Manappuram Finance, a Kerala-based financial services firm, has reported a net profit of Rs 556.5 crore, which was 11.7...
