CATEGORIES

EV battery swap policy stuck a year after draft

Industry resistance to inter-operability standards has stalled the release

Google, Al startup Replit tie up to take on GitHub

Alphabet Inc.'s Google is striking a partnership to com A bine its artificial intelligence language models with software from startup Replit Inc. that helps computer programmers write code, a bid to compete with a similar product from Microsoft Corp.'s GitHub and OpenAI.

China demand uncertainty caps steel firms' prospects

Stagnant local demand in China, and its increased exports, could pressure global prices

Microsoft rolls out OpenAI-based tools to fight cyberattack

Microsoft Corp., extending a frenzy of artificial intelligence software releases, is introducing new chat tools that can help cybersecurity teams ward off hacks and clean up after an attack.

Fleet additions down to 4-yr low in '22; fares to remain firm

Net fleet additions in 2022 shrank to seven, compared to a net induction of 141 aircraft in 2021

Credit Suisse seeks to soothe Swiss clients on UBS worries

Credit Suisse Group AG's top executives in Switzerland sought to reassure local clients over worries stemming from the takeover by UBS Group AG, and underlined the importance that the domestic business has for the new combined bank.

Vedanta to pay $927 mn dividend

Vedanta Ltd., billionaire Anil Agarwal's Indian commodities major, will hand out a fifth dividend for the financial year ending Friday as parent Vedanta Resources Ltd seeks to shore up funds to trim debt.

Sebi eases norms for onboarding of FPIs

Markets regulator Sebi has simplified the procedural requirements for onboarding of Foreign Portfolio Investors (FPIs) in a bid to facilitate ease of doing business and to reduce the time taken for their registration.

Asset sale alone won't re-rate Dalmia Bharat

Dalmia Bharat Ltd has inched a step closer to its objective of becoming a pure play cement producer. Its wholly-owned unit Dalmia Cement (Bharat) Ltd has entered into a binding agreement to sell its entire 42.36% stake in the refractory business to promoter group company, Sarvapriya Healthcare Solutions Pvt. Ltd.

IT firms may halve fresher intake as BFSI clients cut spends

Fresh engineering graduates may have a tough time securing jobs in 2023 as IT services companies are set to further trim their headcounts in the first half of the year.

Tech SME revenues to double to $40 bn by FY30: Nasscom

Small and medium-sized enterprises (SMEs) in the Indian tech industry are likely to generate revenues of $35-40 billion by FY30, a sharp rise from $15-20 billion in FY23, industry body Nasscom said on Tuesday.

Kotak's new AIF raises $1.25 bn at first close

GIFT City-based fund will provide equity, debt capital and hybrid capital

E-rupee yet to catch on even as central banks work on digital currencies

Just outside the Reserve Bank of India's Monetary Museum - which charts the evolution of money, from barter to electronic transactions Bachche Lal Sahani is testing the nation's newest form of currency, the e-rupee.

Japan plans NE push with India, B'desh

Representatives from Japanese businesses and multilateral institutions, including the Asian Development Bank, are slated to visit the Northeast in April to explore significant investments as part of a wider manufacturing push, according to people aware of the matter.

'Rabi wheat procurement likely to cross estimated 34 million tonnes'

Wheat procurement in the 2023-24 rabi marketing season may be higher than the estimated 34.1 million tonnes, but the quality of the grain may suffer because of unseasonal rains in some areas, Food Corp. of India chairman Ashok Meena said in an interview.

EPFO hikes interest rate on PF deposits for FY23 to 8.15%

India's state-run retirement fund manager raised the interest rate on employees' provident fund to 8.15% for FY23, a development that will benefit more than 60 million subscribers of the Employees' Provident Fund Organization (EPFO).

Adani stocks crash on fear banks hold collateral

Adani group stocks plunged the most by value in 23 sessions after a report in The Ken cited regulatory filings to show that banks have not released a significant portion of promoter shares held as collateral. This means the group’s debt hasn’t been fully paid off, against its claims of repaying $2.15 billion in share-backed debt.

Discoms seek tariff hikes up to 40% as demand, costs soar

Power distribution utilities plan to raise tariffs ranging from single digits to as high as 40% across states if approved by the state electricity tariff regulators. Discoms in states such as Uttar Pradesh, Maharashtra, Madhya Pradesh, and Himachal Pradesh have already proposed increases in tariffs.

RIL, ReNew, 9 others secure solar PLI sops

Govt to offer entities ₹14,007 cr incentives to manufacture solar cells

Should You Use Hybrid Funds To Offset The New Debt Fund Tax?

Debt funds with less than 35% equity will always be treated as short term, taxed at slab rate under new regime

Stay Fit And Play Safe During The Summer Months

Maintaining your fitness during the hot months means avoiding exhaustion and exercising smart

Is Plastic The Villain?

Formed millions of years ago from living organisms falling on to the sea floor before being crushed into sediment and transformed by bacteria into hydrocarbons - such as crude oil - and then finally being processed, plastic one might argue, is a true force of nature.

A high school drama dissects mental health

A Netflix show reveals how trauma can impact the mental health of teens

How I danced my way through diabetes

Diabetes can be lifealtering, but it needn't cause panic. A writer tells you how she managed the disease by doing something fun

Turmoil in China's EV market could accelerate the transition

Beijing should not intervene in a shake-up that can do EVs good

Going digital has played a special role as a catalyst in our economy

An open-source strategy for interoperability has let us build various affordable solutions on top of Aadhaar as a digital base

Let satellites terminate patchy internet coverage

Isro's successful launch of One Web orbiters is a matter of pride for the country but we must keep internet access uninterruptible for the benefits of Digital India to reach all our citizens

HOW TATA MOTORS PLANS TO TAKE ON MARUTI

The EV race begins next fiscal. The Tata group company has to make its early-mover advantage count

Israeli govt plunges into chaos

A mass overnight protests over the sacking of defence chief piled pressure on the govt to halt judicial reform plans

Oyo to shrink IPO size amid tech headwinds

Company to outline plans for selling a third of shares it originally planned