CATEGORIES

India seeks consensus in GPAI Summit talks

The declaration aims to advance talks on global AI regulatory frameworks

Centre to review policy mandating gencos to blend 6% imported coal

The power ministry is set to review its policy of mandating power generation companies to blend 6% imported coal amid a steady rise in power demand and shortage of domestic coal.

SC upholds abrogation of Art 370, seeks J&K elections

Verdict comes as a shot in the arm for the Union government and the Bharatiya Janata Party

Kalyani firm calls on Sebi to punish Hikal official

The feud began after Sugandha's brother, Baba Kalyani, refused to transfer Hikal shares in Hiremath's name

KKR, OTPP, Care, others look to buy into Aster India biz

Private equity (PE) firm KKR & Co., Canadian pension fund Ontario Teachers’ Pension Plan (OTPP) and Blackstone-backed Care Hospitals have submitted non-binding term sheets to acquire a stake in the Indian business of Aster DM Healthcare Ltd, two people aware of the matter said. One of the two people said Hong Kong-based investment firm BPEA EQT has also presented a term sheet.

Gaza's Health May Not Improve, Says WHO

The World Health Organization chief said on Sunday it will be all but impossible to improve the "catastrophic" health situation in Gaza even if an emergency WHO motion passes to secure more medical access.

Google's Gemini Is Impressive But OpenAI Still Leads This Race

Overtaking OpenAI's chatbot upgradations is a major challenge

10 Money Lessons From Morgan Housel

If you aren't already following these principles, 2024 might be a good starting point

Learnings from 2023 to help build a better office in 2024

From creating more growth opportunities to building trust, the HR needs to be employee-first in the new year

'We are still far from the true spirit of equality'

Mintoak's Rama Tadepalli on mentorship and her love for animals

The big cost of a late salary hike, promotion

Why do employees quit jobs soon after a raise or position renewal? Slow appraisal processes and lack of ample support can drive people away

The MPC's 'If it ain't broke, don't fix it' rate decision has its merits

Credit for India's happy mix of inflation and growth should be shared by RBI's rate-setting panel and the Union government

RBI's focus on inflation will aid GDP expansion

For price stability to serve as a firm base for sustainable 7.2% plus growth, RBI must meet its 4% inflation target. Deft liquidity modulation is crucial and credit quality mustn't drop

How some firms use a loophole to save tax with keyman insurance

Unlike typical keyman policies, these come with a savings plan and the maturity benefit is given to employees

Modi to launch 'Viksit Bharat @2047: Voice of Youth' today

Youngsters to be engaged to get their ideas to make India a developed country by 2047

Big divisions loom over fossil fuels as COP28 talks head into final leg

Negotiators at the COP28 climate conference in Dubai remained far apart on the future role of fossil fuels on Sunday as talks at the Dubai summit entered their final stage.

Australia to curb record high migration amid housing crisis

Australia plans to bring record-high levels of migration under control by cracking down on student visas and unskilled migration, as the country struggles with a growing housing crisis which has pushed rents to their highest levels in more than a decade.

Israel presses ahead in Gaza

US arms supply and blockage of an international push for ceasefire provide added vigour to Israeli offensive

Foreign films fail to excite as pricey tickets, OTT hurt

Theatre owners rue that the urban, upmarket audience base for these films has moved fully to OTT after covid

'Columbia University is Ivy League, not an ivory tower'

Minouche Shafik, the first woman president of Columbia University, the New York-based institution with more than 200 years of rich history, recognizes that the contemporary world is deeply polarized.

Preference for premium spirits drives up sales of high-priced liquor

The trend has prompted several spirit makers and importers to build on the premium part of their portfolios

Tata Play to introduce targeted advertisements on linear TV

Direct-to-home (DTH) platform Tata Play is set to introduce so-called Addressable Ads on linear television , where different ads can be shown to different audiences during the same programme. The move, a first-of-its kind in India, is a direct result of its recently acquired extra satellite capacity.

Mega deals dried up at Wipro before team lead's departure

While its 3 large rivals won nine contracts of $1 billion in last 3 years, Wipro bagged none

Indian companies eye defence exports to the Philippines

The Indian defence companies have offered systems ranging from protective gear to fighter jets

Home buyers allege fudging by Lavasa resolution winner

Buyers allege DPIL overstated assets and understated liabilities to win the resolution bid

Wall Street gets ready to cash in on $1 trillion climate market

As the carbon offset market gets a new lease on life from the COP28 climate summit in Dubai, bankers from Wall Street and the City of London are positioning themselves to get a chunk of the dealmaking they say is coming.

HDFC, LIC gain the most in bullish week

In the ranking of top-10 firms, Reliance Industries Ltd retained the title of the most valued firm

Mahindra Fin must get a grip on its costs, NIM

Shares of Mahindra & Mahindra Financial Services Ltd (Mahindra Finance) have fallen by 1.6% since it reported its November growth numbers last week, while the Nifty 50 index has risen 1.3%. The non-banking financial company saw fresh loan disbursements of ₹5,300 crore in November, remaining unchanged from the preceding month.

'Seeing shift from component to system play, driven by AI'

In June 2023, US-based chipmaker Micron announced its plan to invest $825 million to set up a semiconductor assembly, testing, marking, and packaging (ATMP) unit in Gujarat’s Sanand. In September, the company carried out the groundbreaking ceremony of the plant and now plans to roll out the first made-in-India chip by December 2024.

Sixth Sense-backed ProcMart readies inorganic growth plan

Business-to-business marketplace ProcMart, which counts investors including venture capital firm Sixth Sense Ventures and IndiaMART's chief executive Dinesh Agarwal amongst its backers, is ramping up its inorganic growth strategy.