CATEGORIES

Tata Steel to raise ₹2,700 cr via NCDs

TATA STEEL'S BOARD on Tuesday approved a fundraising of ₹2,700 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

Amazon Prime Video lines up 70 shows, films over 2 years

AMAZON PRIME VIDEO will launch nearly 70 new series and films over the next two years in India, it said on Tuesday, as the streaming war intensifies in the domestic media and entertainment market.

Investors earmark ₹25,000 cr for AI

VENTURE CAPITAL FIRMS such as Accel, Bessemer Venture Partners, BoldCap, IvyCap Ventures, and Indian Angel Network, are looking to double down on their investments in artificial intelligence (AI) startups, lining up an overall fund of nearly ₹25,000 crore over the next few years.

GDP may grow 8% in FY24: RBI bulletin

THE COUNTRY'S GROSS domestic product (GDP) may grow at a rate closer to 8%, even higher than 7.6% seen by the National Statistical Office (NSO), according to a forecast model in the Reserve Bank of India's monthly bulletin for March.

Direct tax collections rise 20%, close to RE

THE CENTRE'S DIRECT tax collections, after refunds, stood at ₹18.9 trillion as of March 17 in the current financial year, a release by the finance ministry said on Tuesday.

More private money to flow into BOT highway projects

Investors can borrow from NBFCs under new contract terms

ATC to convert Voda Idea's ₹1.4K-cr bonds into equity

AMERICAN TOWER COMPANY (ATC) has opted to convert ₹1,440 crore worth of debt bonds issued by Vodafone Idea into equity, a regulatory filing on Tuesday showed.

SpiceJet's Ajay Singh ups bid for Go First

ONE OF THE two bidders for bankrupt airline Go First has raised its offer following a nudge from lenders, two banking sources and a person aware of the development said on Tuesday.

Indices slump as BOJ hikes rates

TCS biggest loser in Sensex pack, down 4%

Putin Warns West Of WW3 After Election Victory

Russian President Vladimir Putin warned the West on Monday that a direct conflict between Russia and the US-led NATO military alliance would mean the planet was one step away from World War 3 but said hardly anyone wanted such a scenario.

Nvidia Backs Data Centre Firm Yotta In India's Biggest AI Bet Yet

It's a sultry March evening in the suburbs of Mumbai and a group of men hovers anxiously at the back gate of the startup Yotta Data Services.

Apple In Talks With Google To Use Gemini For iPhones

APPLE IS IN talks to build Google's Gemini artificial intelligence (AI) engine into the iPhone, according to people familiar with the situation, setting the stage for a blockbuster agreement that would shake up the AI industry.

Blinkit Will Be Bigger Than Zomato In A Year: Goyal

‘Being paranoid’ mantra to stay ahead, says CEO

India can't top China's past 8-10% growth, says Morgan Stanley

INDIA IS UNLIKELY to achieve the 810% economic growth rates that China pulled off over the long term, Morgan Stanley's chief Asia economist said, even though the investment bank remains optimistic about New Delhi's prospects.

As women turn power hitters, big question: Time for bigger fields?

WHILE DELHI CAPITALS lost their second successive Women's Premier League (WPL) final, there was one undeniable bright spot.

Gadkari to give away Ramnath Goenka awards for journalism

FROM A STORY on how unplanned development can potentially lead to ecological damage in the higher reaches of the Himalayas to the relationship that Bastar tribals have with the State, from exposing a recruitment scam to highlighting the hardships faced by healthcare workers during the Covid pandemic - each of the winners of the Ramnath Goenka Awards for Excellence in Journalism Awards exemplify a basic tenet of journalism: the need to tell a story that touches lives.

India Inc expresses concern on breach of confidentiality

INDUSTRY CHAMBERS OF commerce - CII, Ficci, and Assocham on Monday expressed their concern on the issue of disclosure of the alpha-numeric numbers of the electoral bonds.

As bonds chase power, unknown smaller parties rue empty coffers

In extreme cold, the 21 young men sleep on the floor on a chatai in a big hall with some blankets and quilts for cover

Trent: A Star beginning to brighten?

Recent disclosures point to improving traction

Credit on UPI stuck on fee structure, low adoption

A LACK OF clarity on the interchange fee structure and lower adoption among smaller merchants have weighed on the credit volume through the Unified Payments Interface (UPI), say experts.

Tata Steel to shut its coke ovens at Port Talbot plant

TATA STEEL WILL shut down the coke oven operations at its facility at Port Talbot in the UK, following a decline in operational stability and as part of its restructuring exercise.

No sole firm can pass on GST burden to gamers: Games 24×7 co-founder

SIX MONTHS AFTER the government decided to levy 28% goods and services tax (GST) on players' deposits, Games 24x7 co-founder and co-CEO Bhavin Pandya believes it won't be prudent for any gaming firm to pass on higher tax burden to consumers.

EC orders transfer of home secys of 6 states, Bengal DGP

THE ELECTION Commission on Monday ordered the transfers of the home secretaries of Gujarat, Uttar Pradesh, Bihar, Jharkhand, Himachal Pradesh and Uttarakhand to ensure a level playing field ahead of the Lok Sabha elections, sources said.

Oil steady as attacks on Russian energy facilities intensify

BRENT CRUDE BRIEFLY topped $86 per barrel on Monday for the first time since November, before pulling back, as Ukraine stepped up its attacks on Russian energy infrastructure.

Medical device makers worried over price caps

Medical device makers worried over price caps

A pioneer in public health

ANYONE WHO HAS known Swati Piramal or followed her entrepreneurial journey would find her more than what her calling card can capture.

States' capex up more than a third.revenues strong

EXPENDITURE BY STATE governments on asset creation may have risen more than a third on year in the first 10 months of the current financial year, compared with a 7% rise in the year-ago period.

Tata Sons looks to sell ₹9,300-cr TCS shares

TATA SONS, THE investment holding arm of Tata group, is planning to raise about ₹9,300 crore by offloading 23.4 million shares in its IT subsidiary Tata Consultancy Services (TCS) through block deals.

SC raps SBI, asks for full disclosure on electoral bonds

THE SUPREME COURT on Monday kept the pressure going on State Bank of India (SBI) and asked it to provide complete details on the electoral bonds' unique alphanumeric code that reveals the link between the buyer and the recipient political party to the Election Commission of India (EC).

Three Months Before 2019 LS Polls, BJP Got ₹3,030 Cr

Amount was 77% of its year’s total count, show latest data