CATEGORIES

Goldman ramps up credit biz in India

Goldman Sachs Group Inc. plans to ramp up its credit business in India and sees an increasing opportunity to target the nation's wealthy diaspora as global investors shift their focus from China to what is now the world's fastest-growing major economy.

Airlines soar but engine woes stay

The Indian aviation industry staged a strong comeback with the passenger traffic exceeding the pre-covid levels in most of the months in 2023.

Gamezop brings news, astro, cricket for digital publishers

Gamezop, the global provider of plug-and-play content solutions for apps and websites, is set to expand its offerings into three new domains-news, astrology and cricket to help digital publishers monetize and boost user engagement.

Edelweiss to sell up to 20% stake in arm

Mumbai-based Edelweiss Financial Services Ltd on Monday said it is looking to sell a minority stake in its alternative assets arm.

Govt working on 'super-efficient' ACs, likely spike in use over 20 years

The government in collaboration with the World Bank is working on a proposal to improve air conditioning technology—in anticipation of a spike in use over the next 20 years—to cut carbon emissions, said a senior government official.

'Transparency is key for FDI in India'

Foreign investors are keen on emerging mkts, especially India, at a time of global slowdown, said Stephenson

78 more opposition MPs get suspended for rest of session

The security breach in Parliament is in the eye of the storm, with MPs demanding discussion

China's property meltdown is battering middle-class wealth

Net worth per adult in China slid 2.2% to $75,731 in 2022, while total assets per adult fell for the first time since 2000

Macquarie plans NBFC for EV biz, sets aside $400 mn

Australian financial services firm Macquarie is looking to enter the credit space in India by launching a non-banking financial company (NBFC) as part of an electric vehicle (EV) platform it is planning to set up in the country.

Hydropower mega-merger of NHPC, two others put on hold

The government has deferred an ambitious plan to merge three state-run hydropower companies into one, two people aware of the matter said.

State-run banks on a green drive, seek outside help

Indian banks, especially those in the public sector, are weaving green initiatives into their business decisions amid rising risks of climate change, and are looking for external help to create frameworks to help them make better decisions on the sustainability front.

EbixCash's US parent files for Chapter II bankruptcy

Over the past few years, Ebix Inc. has taken huge debt to finance an aggressive expansion across countries

Telecom bill rings in slew of changes

Spectrum for satcom services and 19 others including TV broadcast, DTH can be allocated outside auctions

Zee-Sony merger at edge of breakdown

Sony not keen on extending merger date if Goenka is to be CEO

Of The Indian Workforce's Love-Hate Relationship With AI

Many employees believe their companies will be out of business in under 10 years due to advances in tech, says a report

Climate Grasp: Miles To Go Before We Can Relax

Unlike the US, where denial of climate change does not make politicians unelectable and Donald Trump could yet win another term as president, India is unlikely to see democracy get in the way of climate action. In that sense, we are better placed. But what do Indians at large make of the crisis that has besieged the planet?

COP28: Of Pledges And Compromises

As expected, the Conference of Parties in Dubai kicked the real hard decisions down the road.

America's Top Court Must Not Curtail Access To Abortion Pills

A medical matter should not be determined by lawyers and judges

Joint winners of the Gaja Capital Business Book Prize 2023 announced

The prestigious Gaja Book Capital Business Prize 2023, has been jointly awarded to Against All Odds: The IT Story of India and Winning Middle India: The Story of India's New-Age Entrepreneurs.

AI to health: Best business books of 2023

A list of some of the most interesting books about business and productivity in the year gone by

Was COP-28 a cop-out or did the conference achieve something?

Each country should ideally have a fair share of the remaining global carbon budget and adequate access to climate finance

'Transparency in hospital costs is key to affordable health premiums'

Medical inflation plays a major role in pricing health insurance policies and hospitals can help in ensuring affordable premiums by maintaining transparency in costs. While insurers are regulated, and are answerable to Irdai whenever they hike premiums, hospitals aren’t. Highlighting the need for greater transparency in hospital costs, Krishnan Ramachandran, managing director and chief executive officer, Niva Bupa Health Insurance, says the healthcare industry needs to move towards evidence-based care and adoption of newer standards and protocols that can reduce the financial burden of a patient. In an interview with Mint, Ramachandran also talked about the benefits offered by Aspire, a new product launched by Niva Bupa that caters to young India so that they can secure themselves against any sudden hospitalization. Edited excerpts:

Netanyahu vows to press on

Some 129 people taken in the October raids are estimated to still be held in Gaza, 70 days after their capture

PM inaugurates diamond bourse, new airport terminal in Surat

Bourse will have international banking, safe vaults, and create about 150,000 new jobs

Hollywood falls short of glory

Hollywood's grip on the Indian audience, cultivated over the last few years, encountered a plot twist this year with box office collections estimated at just ₹1,300 crore from around 35 releases - a modest rise from the ₹1,276 crore earned in 2022, when 20 films were screened due to the covid-19 delays.

Honeywell eyes acquisitions in energy transition tech in India

Honeywell International Inc. is open to acquisitions in India's energy transition technology sector, said Ashish Modi, president for its India operations.

Product manager a hit at IITs

New hirings for this position are being offered annual salaries in the range of ₹25-45 lakh by companies

Deloitte to tap AI to balance staffers

The giants of the consulting world face an unusual quandary this year: many of them are in the process of dismissing hundreds of staffers even after they hired thousands of college graduates to deal with new demand. Now, one of the biggest of them all is looking to artificial intelligence (AI) to change that.

Washing liquids 'star' as fastest growing category

Rising washing machines ownership has accelerated sales of washing liquids, with a compound annual growth rate (CAGR) of over 35% in the past decade. This positions the category as the fastest growing fast-moving consumer goods (FMCG), data released by market researcher Kantar showed.

Zee seeks time on Sony deal as two directors voted out

Some of the largest foreign investors, which own a third of Zee, voted against the resolutions