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Premium Valuations may cap upsidesforlndian Hotels

Indian Hotels (IH) has an ambitious strategy of doubling its hotel portfolio and is aiming for a 14 per cent annual revenue growth. The goals are achievable, given financial discipline and agility.

Vedanta Resources defers dollar bond issue due to mkt volatility

Billionaire Anil Aggarwal's Vedanta Resources has deferred the company's $1.2 billion bond issuance following volatility in the market after US justice department, in a report, charged Gautam Adani and others with $250 million bribery. The Vedanta dollar bond issue was to be priced on Thursday.

India, Australia sign air-to-air refuelling pact for defence

For several years, the Indian and Australian Navies have developed operational practices during joint training, such as Exercise Malabar, as well as in actual counter-submarine patrols. Their efforts aim to deter submarines from China's People's Liberation Army Navy from entering the waters of the Indian Ocean, which New Delhi considers its sphere of influence.

Indian carriers projected to add 600 planes in next 5 yrs: Aviation secy

Indian carriers, which currently have approximately 800 planes in their fleet, are projected to add about 600 planes in the next five years, Civil Aviation Secretary Vumlunmang Vualnam said here on Thursday.

Financial investments by non-financial firms

Is this the future, or will market volatility reverse the trend?

India may land in top 5 with 12.7% growth in airline seat capacity

India is projected to see a 12.7 per cent growth in overall airline seat capacity in 2024 compared to pre-pandemic levels in 2019, ranking fifth among the top 20 countries with the highest seat capacity globally.

Prisoners of process

Prison decongestion schemes have been suboptimal

Second-order effects

RBI cannot ignore price pressures

A practitioners view of Indian foreign policy

At a time when India's external image has acquired a degree of robustness and resonance, a book on India's foreign policy written by someone who plays a role in shaping it must be considered a valuable addition to the existing literature on the subject.

100 indicators of growth: Heady to steady

After a period of heady stock market gains a duot alongside impressive gross domestic product (GDP) growth clips, things seem to have cooled off a bit.

US seeks Google breakup, Chrome sale

ANTITRUST CASE: DOJ suggests measures to a federal judge to end tech giant's monopoly on online search

Trump names US envoys to Nat0, Canada

US President-elect Donald Trump has announced his envoys for NATO and Canada, following his nominations for ambassador to Israel and Special Envoy to west Asia.

Russia fired ICBM in attack on Dnipro citv, savs Ukraine

Western ofncials contradict; if conflrmed, this will be flrst use ofsuch a missile in war

New global climate finance draft poses challenges for developing World

On an early Thursday chilly morning in Baku, Azerbaijan, a daybefore the end of COP29, the annual UN-backed global climate summit, negotiators presented a revised draft ofthe new global climate finance plan, a key requirement to keep global warming below 2 degrees centigrade from preindustrial levels.

CEA advises India Inc not to seek cover of weak currency

Chief Economic Adviser (CEA) V Anantha Nageswaran on Thursday urged India Inc to avoid relying on a weak currency as a shield, emphasising that it cannot substitute productivity and investment in research and development (R&D).

Nvidia's AI chip demand soars, but revenue forecast a worry

Firm projects revenue growth to slow to 69.5°/o in QLr from 9Lr°/o in QB

Govt looks to cut red tape and unmoor port infra delays

New plan aims to expand financial powers, and level the playing field with private operators

Govt to table 5 new Bills in winter session

The government has listed five new Bills to be introduced in the Winter Session of Parliament, which begins on Monday.

Macroeconomic stability a joint effort, says Das

'Stable inflation is foundation of sustained growth'

Goyal urges industry to raise quality standards

Commerce and Industry Minister Piyush Goyal on Thursday underscored the need to raise quality standards in the country, urging the industry to actively engage with technical committees and appoint representatives to uphold these standards.

Parties in war of Words over Adani allegations

Rahul demands immediate arrest and interrogation of the industrialist

Experts warn ofsevere legal fallout. for Adani group and associates

The charges against Gautam Adani and others, as announced by the US Securities and Exchange Commission (SEC), involve serious allegations of securities and wire fraud, as well as violations of the Foreign Corrupt Practices Act (FCPA) and the Foreign Extortion Prevention Act (FEPA). Experts and lawyers explained the details of these provisions as well as their implications.

Kenya nixes airport, energy deals with group

Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of the country's main airport to Adani Group after its founder was indicted in the US.

Adani family net worth falls 20%

At its peak, it was worth $136.3 bn at the end of July this year

Lack of takers for RE Icey reason behind corruption case

SECI could notflnd buyers forsolar project, promptingflrms to resortto bribing states: Do J findings

Group's US exposure spans solar, wind, and Google India operations

AEL says Adani Solar secured its largest single-yr order from a key American utility firm

Proxy advisory firms raise alarm on charges against Adani execs

'Allegations can have long-term impact on cost of borrowing'

Ola Electric may lay off 500 staffers in major rejig

Ola Electric is conducting a restructuring exercise which is expected to affect over 500 employees across various roles within the organization, according to sources.

'Business and climate are no longer an either-or choice'

PHILIPPEVARIN, chair ofthe International Chamber of Commerce, which represents over Li S million companies in 170 countries' is on an India visitwhile COP29 is unden Nay. ln an inte Niew in New Delhi, he tells Veenu Sandhu that any investment today must factor in sustainability from the very beginning' and explains why green trade finance is critical. Edited excerpts:

Byju accused of firm buyback using loan from US lenders

The founder of bankrupt Indian tech firm Byju's, Byju Raveendran (pictured) tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing.