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SEZ units to get more tax relief
RODTEP benefits may be extended to cover export-oriented units
India to bet big on foreign capital to jumpstart capex
Move in the backdrop of moderation of public investment growth
Call record storage to be anonymised now
TELECOM OPERATORS WILL soon have to store call detail records (CDRs) of subscribers in an anonymised format. The department of Telecommunications will direct telcos to do so to prevent misuse of consumer data in case of a breach of network security.
Sharif gave up prime minister post for daughter, say sources
Got 2 options from Army: premiership or CM post for Maryam
Jaiswal: 2 openers for price of one
THERE ARE TWO Yashasvi Jaiswals cohabiting harmoniously in the young Indian opener.
The future of social media could be decentralised
After being invite-only for overa year, micro-blogging social platform Bluesky opened to all users earlier this month
Power Grid unfazed by proposed changes in O&M norms by CERC
POWER GRID CORPORATION expects \"no impact\" from proposed changes in Operation & Maintenance (O&M) charges norms by Central Electricity Regulatory Commission (CERC), a top company official said.
Bandhan Bank to collect Bengal govt revenues
PRIVATE LENDER BANDHAN Bank on Saturday said that it has been authorised by the West Bengal government to collect tax and non-tax receipts on its behalf.
Govt hikes FCI's authorised capital to ₹21,000 crore
Raise will help boost operational capabilities
GSLV rocket successfully injects meteorological satellite into orbit
MOVING AHEAD ON its mission to study the Earth and ocean surfaces, ISRO on Saturday successfully launched its next generation weather observation satellite INSAT3DS onboard a GSLV rocket into a precise orbit.
Jnanpith to Gulzar, Sanskrit scholar Rambhadracharya
RENOWNED URDU POET Gulzar and Sanskrit scholar Jagadguru Rambhadracharya have been named the recipients of the 58th Jnanpith Award, the Jnanpith selection committee announced on Saturday.
Focus on development: Modi
PRIME MINISTER NARENDRA Modi on Saturday asked BJP members to build the party's Lok Sabha poll campaign around the government's development and pro-poor welfare initiatives besides the measures to enhance the country's global standing, asserting that winning 370 seats will be a true tribute to its key ideologue Syama Prasad Mookerjee.
All that glitters is recycled gold
THE WORLD'S BIGGEST jewellery company, Pandora, recently announced use of 100% recycled silver and gold in its jewellery to reduce environmental footprint.
Once topseller, Alto no more in top 10
MARUTI'SALTO, WHICH was the largest selling car for 17 years, and the best-selling till 2019, had dropped from the top 10 bestselling cars list.
Dr Reddy's may join race to acquire Novartis' India arm
HYDERABAD-BASED DR REDDY'S Laboratories is reportedly looking to pick up Novartis AG's entire stake in Novartis India.
Masayoshi Son to build $100-bn AI chip venture
SOFTBANK GROUP FOUNDER Masayoshi Son is seeking as much as $100 billion to bankroll a chip venture to compete with Nvidia Corp and supply semiconductors essential for AI, according to people with knowledge of the matter.
Will seek new opportunity: Sony
WITH THE PROPOSED merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.
No fresh RBI curbs on fintechs
THE RESERVE BANK of India (RBI) is not planning to impose stricter norms for the fintech sector, after the regulator barred Paytm Payment Bank to accept deposits.
OpenAl launches new text-to-video tool Sora
MICROSOFT-BACKED OPENAI is working on software that can generate minute-long videos based on text prompts, the company has said.
TT's best two beaten. Both by Indians
IN THE WEE hours of Friday morning in Busan, Ayhika Mukherjee and Sreeja Akula produced something incredible.
Amazon eyes better sales with Pay Later
AT A TIME when about 35-40% of the smartphone sales in the country is happening through easy financing schemes, Amazon India is looking to boost the take up of its in-house Pay Later service through better offers in the current year.
Oberoi, Mariott sign pact for 2 Mumbai hotels
PROPERTY DEVELOPER OBEROI Realty on Friday said it has entered into an agreement with Marriott International to manage two new hotels in the Mumbai Metropolitan Region (MMR).
SBI seeks lower CRR on green deposits: Khara
STATE BANK OF India (SBI) has requested the Reserve Bank of India (RBI) to lower the cash reserve ratio (CRR) requirement for green deposits, chairman Dinesh Khara said at an event on Friday.
Tech revenue growth falls to 3.8% in FY24: Nasscom
THE REVENUE OF domestic technology industry, including hardware, is expected to increase to $253.9 billion this fiscal. That represents a growth of 3.8%, compared with the previous year's 8.4%, according to industry body Nasscom's Strategic Review 2024 report.
JSW Group to invest ₹65K cr in Odisha biz
SAJJAN JINDAL-LED JSW GROUP will invest 65,000 crore to set up an integrated green steel manufacturing complex in Odisha, which will also have a cement facility and a port for its use.
BSNL loss expands to ₹1,569 cr in Q3; revenue increases 12%
STATE-OWNED BHARAT Sanchar Nigam's (BSNL) consolidated net loss has risen to ₹1,569 crore in the October-December quarter, from 1,481 crore in the preceding quarter.
Defence purchases worth €85,000 cr get green light
THE DEFENCE ACQUISITION Council (DAC) on Friday cleared a series of big-ticket procurements worth ₹ 84,560 crore for the armed forces including 15 maritime reconnaissance and multi-mission maritime aircraft for the Navy and the Coast Guard as well as six flight refueller aircraft for the IAF and new generation anti-tank mines for the Army.
India growth may exceed 6% this decade: Goldman
INDIA'S ECONOMIC GROWTH may exceed 6% for the rest of the decade, driving more investments from China into the South Asian country, Goldman Sachs Group's India economist said.
BID TO MONETISE NON-CORE ASSETS RINL puts 14 acres of land on the block
Rashtriya PRIVATISATION-BOUND Ispat Nigam (RINL) will sell about 14 acres of land in Visakhapatnam to monetise non-core assets to raise working capital.
Ashwin's 25,714 calculated steps to reach Mt 500
A CONTENT SMILE spread on Ravichandran Ashwin's face, when he grabbed his 500th Test scalp and waved the ball towards the audience in the stands.