CATEGORIES

Plans to generate 1 lakh IT jobs in 5 years

New policy envisions 2 lakh jobs in the semiconductor sector

Deposit-taking NBFCs shrink on RBI diktats

Inability to participate in co-lending, unviable business models make players re-think deposit mobilisation

IT companies partnerships form business with clients

MANY RECENT DEALS of information technology (IT) firms show that vendor-client relationships are taking the shape of a business partnership between the two parties, wherein either the IT companies are doing business with their clients/former clients or monetising their assets by selling products to third parties.

SC allows Kerala borrow ₹13,608 cr more in FY24

THE SUPREME COURT on Wednesday allowed the Kerala government to borrow ₹13,608 crore more in the current fiscal year, while expressing disapproval over the \"peremptory\"condition imposed by the Centre that the state must withdraw the suit filed before the court for the additional borrowing facility.

FMCG growth expected to be muted till Sept quarter

Dry weather may hit agri output, affecting rural incomes, says report

PM opens India's first underwater metro in Kolkata

PRIME MINISTER NARENDRA Modi on Wednesday inaugurated Kolkata Metro's Esplanade-Howrah Maidan section, which passes below the mighty Hooghly river through the country's first underwater transportation tunnel.

CCI can now impose fines based on global turnover of companies

MCA allows watchdog to slap penalties of up to 10%

It's double trouble for lending to buy shares

IMAGINE THIS: A short-term investor wants to make listing gains in an initial public offering (IPO) or small and medium enterprises IPO (SME-IPO).

Markets hit new all-time highs

BENCHMARK INDICES NIFTY50 and Sensex rallied smartly on Wednesday, hitting fresh all-time highs, led largely by financials even as small and mid-caps capitulated.

Tower's chip project to be approved after polls

ISRAEL-BASED TOWER SEMICONDUCTOR'S $11-billion (₹91,000crore) fabrication project is now likely to be approved only after the general elections, official sources said.

Discom dues down 66% since mid-'22

THE OUTSTANDING DUES of electricity discoms to gencos dropped to a third since mid2022 to under ₹45,000 crore now, and is declining further at an unprecedented pace, Union minister for power, new and Renewable Energy RK Singh said on Wednesday.

Narrative that RBI is killing fintech sector not true: Das

Real GDP growth may surpass government’s estimate of 7.6%

Angel investors spread their wings in small cities

GONE ARE THE days when angel investors were restricted to metro and tier-I cities.

Musk loses world's richest person title to Jeff Bezos

FOR THE FIRST time in more than nine months, Elon Musk is no longer the world's richest person.

Lax compliance attracted RBI scrutiny of gold loan firms

LAXITY IN COMPLIANCE with prudential norms by some banks and NBFCs following the sharp rise in the gold loan portfolio over the past four years may have attracted the scrutiny of the Reserve Bank of India (RBI).

Mercedes-Benz to drive in 3 EVs this year

DESPITE THE GLOBAL delay in Mercedes-Benz's electrification goal-pushing the 50% electrified car sales target from 2025 to 2030-the company aims to go big on EVs within India.

Adani, JSW, Essar look to bet big on coal-fired power

PRIVATE INDIAN COMPANIES have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector.

Regulatory rules under MCA lens

THE MINISTRY OF corporate com affairs (MCA) has begun a prehensive review of the rules and regulations, including the norms for accounting and auditing practices.

Bumrah responds to trolling with resilience & lethal spells

JASPRIT BUMRAH RARELY gives interviews. Even when he does, he rarely opens up.

Paytm founder says firm can clear hurdles to lead in Asia

Says he values the role regulators play in startup ecosystem

Shehbaz, first Modi congratulates Indian response on new Pak govt

IN THE FIRST Indian government response on the new dispensation in Islamabad, Prime Minister Narendra Modi on Tuesday congratulated Shehbaz Sharif, the new Prime Minister of Pakistan.

Adani dollar bonds signal global market comeback

THE ADANI GROUP saw massive demand on Monday for its first dollar bond since a short seller attack last year, in what two banking sources said was being seen internally as a test for the conglomerate's access to global capital markets.

The making of a content king

The Hotstar-Jio combine will upend the OTT ecosystem

China sets robust economic growth goal

Fiscal deficit was set at 3% of economic input

Tata Sons may be valued at ₹7-8 trn in IPO

TATA SONS, THE investment-holding arm of Tata group companies, could fetch valuation of ₹7-8 trillion in an initial public offering (IPO), based on the current market capitalisation of group firms, according to a report.

Bajaj Auto to now roll out CNG bike in 2024

BAJAJ AUTO WILL launch the world's first CNG-powered motorcycle this calendar year, instead at the end of 2025 as earlier planned.

Tata Motors demerger may boost focus on trucks, buses

TATAMOTORS' PROPOSAL to separate its truck and car businesses into two independent, listed entities drove its stock to a 52-week high of ₹1,065.60 apiece during intra-day trade on Tuesday.

FCI may raise ₹15,000-cr short-term loans in FY24

THE FOOD CORPORATION of India (FCI) may raise around ₹15,000 crore through short-term loans in the current fiscal to bridge the gap between food subsidy allocated and actual expenses in handling and distribution of grains under the free ration scheme.

Direct tax mop-up: Centre set to meet revised estimate

THE CENTRE HOPES to achieve its revised direct tax collections target for the current fiscal, but personal income tax (PIT) mop-up could be slightly lower than the respective revised estimate, a senior official told FE on Tuesday.

Services PMI eases a bit in Feb, still robust

Number has stayed above 60 in 7 months of current fiscal