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Indian-made foreign liquor volumes grow 14% in FY23
The industry rebounds from the pandemic-led challenges, sets new growth trajectory.
Bajaj-Triumph and Hero-Harley take aim at Royal Enfield
Hero MotoCorp Ltd and Bajaj Auto Ltd are set to launch the first locally-made Harley-Davidson and Triumph motorcycles in July in an ambitious attempt to challenge the dominance of Royal Enfield Motors in the growing market for premium lifestyle motorcycles.
Hindenburg report 'targeted misinformation', says Adani
Lashing out at US short-seller Hindenburg Research, whose report erased billions of dollars in market value of Adani Group companies, Gautam Adani, the group’s chairman, said the report was engineered to make profits by impacting the conglomerate’s share prices.
Near-term concerns limit upside for city gas distribution cos
City gas distribution (CGD) companies face multiple concerns in the near term, as reflected in the performance of their stock prices.
Byju's hopes to raise $1 bn at special terms
Byju's is in advanced with prospective shareholders for a $1 biltalks new lion fundraising round, seeking to stave off attempts by some investors to clip founder Byju Raveendran's control over the beleaguered tech startup.
Tata Tech, SBFC Fin, Gandhar Oil get Sebi approval for IPO
Tata Technologies, an arm of Tata Motors, Gandhar Oil Refinery (India) Ltd and non-banking financial company SBFC Finance have received capital market regulator Sebi's approval to raise funds through initial public offerings.
Equitas SFB may trip over elevated costs on the path to growth
Shares of Equitas Small Finance Bank Ltd (Equitas SFB) have gained almost 48% so far in 2023 helped by improvement in its performance in recent quarters.
AC cos may face the heat in June qtr
For companies selling air conditioners (ACs), seasonality plays a crucial role.
'Cautious but excited on Gen Al'
The global logistics industry has increasingly embraced data analytics, artificial intelligence (AI) and block chain as part of its suite of operational and client-facing solutions.
Govt reworks highway targets for FY24
The government is reworking its highway-building target for the current year as it looks to fast track infrastructure in a year of multiple state polls, ahead of general elections next year.
Falling crude shrinks CAD in March quarter to $1.3 billion
The sequential decline in CAD from Q3 was mainly on account of moderation in trade deficit
Illegal antibiotics in seafood, meat ring alarm bells
Detection of banned antibiotics in seafood and meat has prompted India's top drug advisory body to seek greater surveillance, given the danger they pose to human and animal health.
EU's planned due diligence law sparks unease in India
NEW DELHI : A fresh European Union (EU) push to punish suppliers lax on the environment and human rights has sparked unease in New Delhi, given its potential to raise compliance costs and disrupt small businesses.
Air India draws antitrust scrutiny on proposed merger with Vistara
India's antitrust regulator has sent a show-cause notice to Air India over its proposed merger with Vistara (Tata SIA Airlines Ltd), citing concerns about the potential harm to competition in the domestic aviation market, two people close to the matter said.
HDFC-HDFC Bank merger on 1 July
Housing Development Finance Corp. Ltd (HDFC) has tentatively.
SP raises ₹14,300 cr via high-yield debt
Cerberus, Davidson Kempner, others buy SP Group's bonds
Life Lessons From A Yoga Practice
Yoga teachers discuss the asanas that tested them and the life lessons that they learnt while practising various forms of yoga
Maximize Longevity Without Popping Daily Supplements
Instead of finding ways to fight ageing, a better approach would be to adopt healthier habits for a more fulfilling life
Hard lessons for Byju's on the post-covid education market
The big unicorns stumbles have left it counting on an Aakash IPO
Nationwide summer campaigns can plug school education gaps
A Pratham experiment offers an indication of how our youth could be deployed to help students make up for learning losses
How can a tuition teacher get a home loan?
There are many institutions that help first-time woman borrowers with no credit history and informal sources of income.
Pill for obesity has Wall Street salivating as it could expand market
An effective obesity pill could change things by making it easier for doctors to prescribe the medications and for patients to adhere to them.
Goldman taps Montag for board amid disquiet in ranks
Goldman Sachs Group Inc. plans to add Tom Montag to its board, enlisting a prominent alum at a time when discontent in the firm's ranks has spilled into public view.
Prigozhin breaks silence, says didn't want to overthrow govt
Russian mercenary leader Yevgeny Prigozhin said on Monday that a one-day mutiny by his Wagner force had been intended not to overthrow Russia's government but to register a protest over what he said was its ineffectual conduct of the war in Ukraine.
China's recovery pace slackens
Spending has seen a slowing on everything from holiday travel to homes, and expectations of a stimulus are high
'Airlines still emerging from the blow of covid pandemic'
The way forward for airlines facing financial difficulties, such as Go First, is to work with customers, according to Boeing
Airtel Business in recast mode; unit CEO resigns
Chitkara to exit on 20 August; co sees exciting prospects in enterprise biz
ICICI Bank to consider delisting of broking unit
The delisting, would be carried out pursuant to a scheme of arrangement
Alphabet bets on lasers for internet service
Google parent Alphabet has already tried and failed to bring internet access to rural and remote areas by using high-altitude balloons in the stratosphere.
IBM to buy SaaS co Apptio for $4.6 bn
IBM said it will finance the transaction with cash on hand and expects the deal to close in the latter half of 2023