In dieser Angelegenheit

May 28, 2024

Nights in megacities not cooling down

India's megacities are not cooling down even during nights in the summer months, according to a report.

2 mins

Adani group to hit the road to raise ₹33,254 cr

Adani Energy Solutions seeks to garner 12,500 crore via QIP DEV CHATTERJEE Mumbai, 27 May T he Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately 33,254 crore) through equity and refinancing of older debt, according to banking sources.

1 min

Govt blacklists principal entities for spewing fraud msgs

In a major crackdown on SMS scammers, the government has blacklisted 'principal entities' behind SMS headers that were used for sending over 10,000 fraudulent messages over the past three months, according to an official release.

1 min

KAL Air, Maran to seek over ₹1.3K cr from SpiceJet, Singh

The battle between SpiceJet and Kalanithi Maran took a fresh turn on Monday as KAL Airways and Maran said they will seek over ₹1,323 crore in damages from SpiceJet and its chief Ajay Singh.

1 min

India may get EQT boost with up to $5 bn funding

Swedish PE major planning to invest the amount this financial year

2 mins

Rise in related-party transactions outpaces sales growth

TOP 5 FIRMS: P/L RELATEDPARTY TRANSACTIONS Value of related-party transactions on P/L statement (in trillion ₹) GAIL (India) ONGC 3.5 1.7 1.2 (0.9 0.9 IOCL MRPL Reliance Industries Note: Data for S&P BSE 500 as of financial year 2022-23 (FY23).

1 min

Valuations, access to capital spur fintechs' homecoming

Why are financial-technology (fintech) players moving back to India, or doing the reverse-flipping? The reasons are financial regulation, better access to capital, and improved valuations here, according to industry players and experts.

3 mins

Indian pharma companies may cash in on US drug shortages

323 drugs were in shortage in the US, which is a decade-high, in the March quarter of 2024

3 mins

Aster plans ₹250 crore expansion in Bengaluru

Aster DM Healthcare has undertaken an expansion for Aster CMI Hospital in Bengaluru, adding 300,000 square feet of infrastructure.

1 min

Centre saved over 25,500 cr via fund transfer norms: FM

OUR BUDGETS ARE CHARACTERISED BY FISCAL PRUDENCE, TRANSPARENCY, AND INCLUSIVENESS, ENSURING INVESTMENTS IN SOCIAL DEVELOPMENT AND INFRASTRUCTURE\" NIRMALA SITHARAMAN, Union finance minister

1 min

Goldman ups India CY24 GDP growth forecast to 6.7%

Goldman Sachs revised upwards its forecast for India's gross domestic product (GDP) growth for calendar year 2024 (CY24) by 10 basis points (bps) to 6.7 per cent.

1 min

Cyclone Remal: 2 killed, 15,000 houses damaged

Rains and strong winds continued on Monday in several parts of Gangetic West Bengal even as Cyclone Remal weakened into a cyclonic storm.

1 min

Rain-fed areas may receive above-normal monsoon: IMD

Says monsoon may hit Kerala in 5 days, heatwave in the North to abate by month-end

2 mins

Revamped Tejas Mk 1A ready for takeoff: First batch of 16 to serve IAF

Embark on the first leg of a four-part journey as the Tejas fighter undergoes an evolution. With the defence ministry's order for Tejas Mark 1 fighters nearly fulfilled, attention turns to the final touches needed to meet Tejas Mark 1A specifications

2 mins

Trade via Attari-Wagah border now a poll plank in Amritsar

Several candidates, including the BJP's, promising resumption of trade on the route

3 mins

'Our Droupadi' vs local poll dynamics in tribal terrain of Mayurbhanj

Sitala Hansda's face beamed with pride when asked about the route to Uparbeda, the native village of President Droupadi Murmu, in Odisha's tribal-dominated Mayurbhanj Lok Sabha (LS) constituency.

3 mins

Can RJD break the Pataliputra jinx?

Four years back, the Rashtriya Janata Dal (RJD) and its allies won all six Assembly constituencies within the Pataliputra Lok Sabha seat in Bihar, where the RJD's Misa Bharti has again challenged Bharatiya Janata Party (BJP)'s Ram Kripal Yadav.

1 min

RBI to buy back govt bonds worth ₹40K cr on Thursday

₹29K cr G-sec to go for auction on Friday

1 min

US not ready to sign pending global tax agreement: Yellen

140 countries signed on to the outline of the pact in 2021

2 mins

Trade strains boost cargo rates at pace recalling Covid 'chaos'

Global goods trade is showing signs of accelerating after last year's slump, pushing up shipping rates and giving some supply-chain managers flashbacks to the demand spike that disrupted international commerce three years ago.

2 mins

China creates $47.5 bn chip fund its largest

China has set up the country's largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US seeks to restrict its growth.

1 min

Holy grail of blended commerce

Ever since the pandemic ended, shoppers have been thronging physical stores.

3 mins

Governance by disguised legislation

The tyranny of circulars must end to ensure democratic legitimacy of laws and ease of doing business

4 mins

LIC net profit grew 2% in Q4

Wage revision, arrears hit profitability; govt to get ₹3,662 crore as dividend

1 min

Banks should not hold up crediting exporters money due to fault of ICEGATE

We have received a system generated email from the DGFT alleging nonfulfillment of export obligation (EO) against many of our advance authorisations and EPCG authorisations issued between 2002 and 2007.

2 mins

A battle for dominance in beauty mkt

A wave of foreign beauty brands is making a splash in the Indian market.

3 mins

Hospital blaze ignites fire safety review in Delhi

Investigation yet to pinpoint cause 48 hours on SANKET KOUL New Delhi, 27 May The investigation is still ongoing to ascertain what caused the fire that killed six newborns in East Delhi's Baby Care Newborn Hospital.

2 mins

Strong Q4 leads to upgrades for Hindalco

Industrial base metals major Hindalco delivered a strong consolidated performance during the January-March quarter (Q4) of FY24.

3 mins

ITC hotel demerger divides voting advisory firms

liAS recommends 'against' vote; SES, InGovern suggest 'for'

3 mins

BSE to buy S&P's 50% in index JV

Domestic bourse BSE has approved the acquisition of 50 per cent stake in index provider Asia Index (AIPL) from equal joint venture partner S&P Dow Jones (SPDJ) Indices for 30 crore.

1 min

RBI move on partly paid AIF units puts industry in a bind

Move to help regularise units issued to FPIs amid concerns on fee outgo

2 mins

Scorching summer brings earnings boost for Voltas to NTPC

A blistering summer gripping a significant portion of India is fueling optimism of higher earnings for one segment of the nation's $4.8 trillion stock market.

1 min

Mkts hit new highs but end lower; Vix up

The domestic markets hit new intraday highs on Monday but witnessed another turbulent trading session to end 0.8 per cent lower from the highest points.

1 min

Valuations may offset Divi's growth outlook

Divi's Laboratories, the country's second-largest pharma company by market capitalisation, saw its stock rise 5.7 per cent to a two-year high of 4,359 on the BSE in Monday's intraday trade.

2 mins

Lesen Sie alle Geschichten von Business Standard

Business Standard Newspaper Description:

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.