CATEGORIES

JLR clocks £400 mn free cash flow in Q1

Jaguar Land Rover (JLR), the luxury auto arm of Tata Motors Ltd, on Friday said it expects to report free cash flow to cross £400 million in the June quarter.

'EMs need $500-bn stimulus in face of looming debt crisis'

Mounting debt remains a major threat to emerging economies, Achim Steiner, administrator of the United Nations Development Programme (UNDP), said in an interview. While efforts are being made to ease the debt burden of developing nations, progress has been too slow, he said. The veteran civil servant proposed a $500 billion stimulus package under the sustainable development goals (SDGs) of the UN secretary-general to rescue the developing world’s financial systems. Despite some efforts by multilateral development banks and developed nations to address the issue, the efforts are insufficient as they grapple with major financial instability back home, he added.

Killer Mike turns inwards on 'Michael'

Eleven years ago, Killer Mike disavowed God in favour of the Church of Rap. On the title track of 2012's R.A.P. Music-a breakout record that catapulted him from underground also-ran to late-stage superstar-the Atlanta, US, rapper laid down the blueprint for his ministry of hip hop, with its sinners and its saints (including Robert Johnson, Muddy Waters, Aretha Franklin and other icons of black excellence and notoriety).

City archaeological museums as islands of culture

While newer museums gaze on the present as well as the future, archaeological museums in older Indian cities secure the past

What it takes to be a hive of culture

For a city to become a true culture capital, art and heritage must be the cornerstones of its development

When it comes to skincare, it's all about consistency

Looking for the newest active ingredient or treatment? A strict daily regimen might be enough for a healthy skin

The fearsome pirate who loved tea

It's a breezy sort of time in Puducherry. I stopped to enjoy the view of the sea this afternoon. The boats on the horizon reminded me of the story of a pirate who loved tea.

Coastal Gem: New South Wales Legendary Pacific Drive

The Legendary Pacific Coast Drive from Brisbane to Sydney offers panoramic views of the Pacific, adventures by the sea, luxury stays, and culinary experiences like no other

Essays by those who have nowhere to call home

For generations of Tibetans born in exile, their homeland is an imagined, mythical one, with history as their father and the culture that nourishes them as their mother.

Dating apps, glossy projects

Awareness initiatives by dating apps on gender and sexuality don't live up to their promise

ChatGPT's Explosive Growth Cools In June

Worldwide desktop and mobile traffic to the ChatGPT site decreased by 9.7% in June from May

Half of fake watches are Rolex replicas

Pre-owned dealer Watchfinder & Co is seeing a rise in hard-to-detect fakes

June was the 'world's hottest on record'

Last month was the hottest June globally on record, with abnormally high temperatures recorded on both land and sea, the European Union's Copernicus Climate Change Service said on Thursday.

Prigozhin still in Russia, says Belarus prez Lukashenko

The mercenary leader who led a short-lived mutiny against the Kremlin is in Russia and his troops are in their field camps, the president of Belarus said on Thursday, raising new questions about the deal that ended the extraordinary challenge to President Vladimir Putin's rule.

Yellen lands in China to find common ground

First test of her policy to secure US security without holding China back

P&W must supply 5 engines per month to Go First: SIAC

Both parties have also been directed to provide the tribunal with quarterly updates

FSSAI to assess WHO rules on sweeteners

Food Safety and Standards Authority of India (FSSAI) said it would look at the impact of non-sugar sweeteners on the Indian population via an expert panel and engage with stakeholders before concluding any adverse effects of such additives used in foods and beverages.

'Biocon Biologics ahead of plan in integrating Viatris'

The biosimilar unit of Biocon expects to raise additional capital this year, says CEO Tambe

VC funding plunges globally in first half despite AI frenzy

Venture capital (VC) funding globally almost halved in the first six months of 2023, data from research firm PitchBook showed, highlighting a lack of enthusiasm on the part of investors as well as less demand amid sharply higher interest rates.

Battery Smart bags $33 mn from Tiger Global, Blume, two others

Battery swapping network platform for electric two and three-wheelers Battery Smart has raised $33 million (about ₹273 crore) in a pre - Series B funding round from existing and new investors.

PE investments in real estate to stay slow on macro woes

Private equity investments in the real estate sector remained stagnant in FY23 at $4.2 billion

Oil marketers' shares hit 52-week highs on margin hopes

Stock prices of oil marketing companies Bharat Petroleum Corp Ltd (BPCL), Indian Oil Corp Ltd (IOCL) and Hindustan Petroleum Corp Ltd (HPCL) scaled 52-week highs on Thursday on expectations of healthy June quarter performance.

FinMin points to EU carbon tax cloud over steel, cement exports

Already facing subdued demand from developed nations, India's exports are likely to be hit by the European Union's 20-35% tariffs on high-carbon goods like steel, iron ore and cement, the finance ministry said in a report released on Thursday.

Sebi nudges FPIs to bond RFQ platform

Sebi on Thursday proposed mandating Foreign Portfolio Investors (FPIs) to undertake at least 10% of their total secondary market trades in corporate bonds by value on the RFQ (Request For Quote) platform of the stock exchanges.

Interim relief for Goyal in loan case

The Bombay High Court on Thursday granted an interim stay on a showcause notice issued by IDBI Bank to Naresh Goyal, former promoter of debt-laden carrier Jet Airways.

Long notice periods are back

Talent shortage, transition woes prompt India Inc to revert to extended notice periods of 2-3 months

IIT to open first foreign campus in Zanzibar; classes begin this October

The Tanzanian province of Zanzibar will host the first foreign campus of the premier Indian Institute of Technology, in a move that the ministry of external affairs said was set to burnish India’s credentials in South-South cooperation.

Thali plates reflect spike in food prices

The data reveals ingredients such as cereals, pulses, broiler and cooking gas driving changes in the price of a thali

FM tells PSBs to boost deposits, farm credit

Asset quality of PSBS has improved significantly with gross NPAs at 4.97%

Instagram unveils Threads app, a threat to Musk's Twitter

Meta Platforms Inc.’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the most serious threat yet to Elon Musk’s struggling social-media site.