Business Standard - August 19, 2024

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August 19, 2024

Tata's ₹6K cr plant for iPhones likely to start ops in Nov

Hosur factory to be second assembly plant for Tata

2 mins

'Workplace safety key to get more women in labour force'

IMF's Gopinath wants govt to conduct cost-benefit analysis of PLI scheme

2 mins

Cognizant breaks silence over fresher salary issue

American IT services major Cognizant on Sunday sought to dispel a social media row surrounding the salary it was paying to freshers, saying they were far from the truth and \"grossly misrepresented\" the firm.

1 min

Tier-II,-III cities offer a new driveway for luxe car brands

Rising HNWI population, younger demography, favourable tax benefits driving sales

2 mins

Ola Electric's e-bike pricing sparks debate across EV industry

Industry views firm's approach as marketing tactic rather than a sustainable model

2 mins

Qcom goes international to cash in on last-minute Raksha Bandhan gifting

For families and siblings overseas, this Raksha Bandhan presents a prime opportunity for last-minute shopping for their counterparts in India.

2 mins

Retailers cheer as fresh stock flies off shelves during I-Day long weekend

The Independence Day long weekend had retailers celebrating as discounted stock moved quickly and fresh merchandise flew off the shelves.

1 min

As Foxconn looks to up India play, 3 South states roll out red carpet

The firm is reportedly looking beyond smartphones and considering segments like ICT, EVS

2 mins

Pilot for D2M tech to be expanded beyond 19 cities

A decision has been taken to extend the ongoing pilot project for testing Direct to Mobile (D2M) technology beyond the initial 19 cities.

2 mins

Plan to keep export booster schemes for longer on table

Commerce dept officials to meet FinMin soon; more allocation may be needed

2 mins

BPCL plans ₹1.7 trn spend to expand core business

State-owned Bharat Petroleum Corporation Ltd (BPCL) plans to invest 1.7 trillion over the next five years to grow its core oil refining and fuel marketing business as well as in 'future big bets' of petrochemicals and green energy, Chairman Krishnakumar has said.

1 min

FM to discuss bad loans taken over by NARCL with PSBS, RRBs today

At a meeting scheduled with public sector lenders on Monday, Union Finance Minister Nirmala Sitharaman is expected to review the current status of accounts acquired or being acquired by the National Asset Reconstruction Company Limited (NARCL), including the action taken and the way forward, according to a senior banker.

1 min

'India should have strategy that's focused on its strengths'

India is on the cusp of energy transition and perhaps so is GE Vernova - graduating from fossil fuel to cleaner forms of energy.JEFFREY GOLDMEER, director, Energy Transition Technology Strategy and Global Hydrogen Strategy Leader, for GE Vernova, a spinoff of GE's energy businesses, throws light on blending hydrogen with natural gas for lower emissions, something relevant for India, where around 24 gigawatts of gas-fired generators run at very low utilisation for much of the year. In a video interaction with S Dinakar, Goldmeer also illustrates how gas-fired generators can be the third leg of an energy storage tripod, with the other two being battery and pumped storage. Edited excerpts:

3 mins

Need far-reaching reforms for India to be developed nation

In his Independence Day speech, our Prime Minister Narendra Modi called for suggestions on how India can become a developed nation by 2047.

2 mins

Navigating govt systems holds key

The latest Union Public Service Commission (UPSC) advertisement for large-scale lateral entry positions at mid-level in central ministries and departments has triggered a debate within the bureaucracy on the merit of such a move, while also drawing criticism from Opposition leaders.

3 mins

Haryana: High on per capita income, low on employment

Its economic character is of a developed state but the investment towards asset creation is unexceptional. An analysis by ANOUSHKA SAWHNEY & ASHLI VARGHESE

3 mins

J&K'S ECONOMIC LANDSCAPE: OF PROGRESS AND CHALLENGES

The economic landscape of Jammu and Kashmir (J&K), which is set to hold its first Assembly elections as a Union Territory this September and October, paints a mixed picture. The region has seen far less capital expenditure than initially announced.

1 min

As women take to streets to 'reclaim the night'...

The unending protests following rape and murder of a trainee doctor at a Kolkata hospital may have serious ramifications for Bengal politics. ISHITA AYAN DUTT explains

4 mins

28 killed in Israeli strike on Gaza; Blinken to renew push for ceasefire

At least 28 people including six children killed in Israeli strikes on Gaza on Sunday, Palestinian health authorities said, ahead of a visit to the region by US Secretary of State Antony Blinken to try to push forward ceasefire talks.

1 min

Earth just ended a 13-month streak of record heat, what's next?

A 13-month streak of record-breaking global warmth has ended.

3 mins

Yunus accuses Hasina of wrecking every institution of Bangladesh

Bangladesh's interim government chief Muhammad Yunus on Sunday accused deposed prime minister Sheikh Hasina of destroying every institution of the country in her efforts to stay in power as he promised to hold a free, fair and participatory election as soon as his government completes the \"mandate\" of carrying out \"vital reforms.

1 min

China stock mkts to not publish foreign fund flow data

China may see its first yearly outflow from equities in 2024 - but if and when it happens, investors won't know from exchange data.

1 min

Belarus deploys third of army to Ukraine border

Russia launches third ballistic missile attack on Kyiv this month

1 min

Crimes against women

Law and order machinery needs a reboot

2 mins

Legal system reform: New work in Kerala

The High Court of Kerala has begun important improvements

4 mins

One step back

Taxing miners retrospectively is retrogressive

2 mins

Bamboo as food, fuel, and timber

Bamboo, hailed commonly as the \"poor man's timber\", has emerged as a money-spinner for farmers to get a rather fancy epithet \"green gold\".

3 mins

In HAL's hangar: Orders and execution ready for takeoff

With a 55% stock rise, the defence major is taxiing towards growth, and brokerages have upgraded their earnings forecasts

2 mins

NFO deluge opens investor floodgates wide in July

Investor tide swells by 1.2 million, reaching 48.1 million

1 min

High-quality stocks at their cheapest in 20 years'

There is a huge valuation disparity between American and Indian small and midcap stocks despite similar fundamental growth prospects, says SAURABH MUKHERJEA, founder and chief investment officer of Marcellus Investment Managers. In an interview with Sundar Sethuraman in Mumbai, Mukherjea highlights that this is the most opportune time to invest in high-quality large-caps in India. Edited excerpts:

2 mins

Producer held liable for faulty tiles

Jamnabhai Arjanbhai Ghedia purchased 62 boxes of 36 x 36 inch snow-white coloured vitrified tiles manufactured by H & R Johnson India.

2 mins

Diversify MF portfolio away from recent high performers

Stock investors must focus on finding quality companies available at reasonable valuations

3 mins

Al push: Farmers reap better quality & yield

It is forecasting demand for crops and finding markets for farmers. But challenges remain, report ASHUTOSH MISHRA & ARYAMAN GUPTA

3 mins

NSAs weigh in on tech tieup

In the increasingly borderless world of global technology, national security has become a priority for governments.

2 mins

'We have seen over 30% improvement using CoPilot'

Fintech firms in India have been at the forefront of adopting new technologies to offer the best user experience. Fintech major Razorpay leveraged it to emerge as one of the leading players in the sector. AJINKYA KAWALE speaks with MURALI BRAHMADESAM, head of engineering and chief technology officer (CTO) at the digital payments firm, to know more about the company's technology shifts, focus on security, and use of artificial intelligence. Excerpts from the video interview

2 mins

Banks caught in a trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60 per cent of their loan books

5 mins

DEATH OF THE TANK

Is this the end of dominance of the battlefield bully?

3 mins

Step up surveillance for quicker mpox detection: Centre

Principal Secretary to the Prime Minister P K Mishra on Sunday chaired a high-level meeting to review the preparedness for the mpox outbreak and directed officials to enhance surveillance for prompt detection of virus transmission.

1 min

Kolkata rape-murder: SC takes suo motu cognizance

CI-led 3-judge Bench to hear the matter on Aug 20; several RDAs still on strike

3 mins

Project to check microplastics in food launched

Food The Safety and Standards Authority of India (FSSAI) on Sunday launched a project to tackle microplastic contamination in food and develop methods to detect it.

1 min

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