CATEGORIES

Buyouts, doubling overseas revenue on Lenskart agenda

Co to team up with 10 companies with majority or minority investments over 3 years: CEO

FTA stuck, NZ cos seek limited trade arrangements with India

New Zealand firms are interested in exploring limited trade arrangements with India to expand cooperation in agriculture, dairy and horticulture, among others sectors, said representatives of Kiwi trade groups during a recent visit to Delhi.

Hike farmers' cash transfer: Ashok Gulati

Cash transfers to landholding farming families under the PM Kisan scheme should be raised from ₹6,000 per year at present to ₹10,000, noted agricultural economist Dr Ashok Gulati has recommended in ongoing deliberations with the government, saying measures to check food inflation have come at the cost of farmers’ earnings.

PM may launch Global Biofuel Alliance at G20 meet on 9 Sep

No consensus on move in G20; Saudi, Russia, China have so far not agreed to be part of pact

Weekend hotel getaways from Delhi cost a bomb

Many national capital region (NCR) residents seeking a quick getaway to nearby resorts to take advantage of the long weekend and escape the G20 summit-related curbs were left stranded at home as their preferred properties were either fully booked or offered only a few rooms at exorbitant rates.

Expansion of G20, Ukraine war statement on India priority list

India aims to achieve the twin objectives of adding the African Union as a member of G20 and resolving disagreements about a joint statement related to the war in Ukraine at the upcoming G20 Leaders’ Summit in New Delhi on 9-10 September.

Foxconn partners with STMicro for India chip plant

Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country.

PE, VC funds form shadow panels amid rules delay

Private equity (PE) and venture capital (VC) funds registered as alternative investment funds (AIFs) are forming shadow investment committees (IC) as formal appointments of foreign nationals in such panels have been barred, pending an opinion from the Reserve Bank of India (RBI) about the validity of such hiring, two people familiar with the development said.

'Blanket crypto ban hard to implement'

A blanket ban on crypto assets may be hard to pull off, and nations must instead apply rules on money laundering and terror finance to these assets and service providers, an influential policy paper said, while noting that increased adoption of these assets could undermine monetary policy transmission.

The shape-shifting presence of violence in Kale Adhyaye

The English translation of Manoj Rupda’s Hindi novella has made it to the longlist of the sixth edition of the JCB Prize for Literature

An emotional chasm of long covid needs to be bridged

Where should employees work from? Office or home? In virtual meetings, should employees keep their cameras switched on? Answers to these questions that sprang up during the covid pandemic are critical to the very future of organizations.

India's G20 leadership stood out for its human-centric approach

Our presidency catalysed a people-focused view of development aimed at ensuring that globalization leaves nobody behind

India and Bharat: A tale of national co-existence

Don't let the tyranny of either-or disturb what the Constitution laid down. What's Bharat in some languages is India in others. Usage contexts may differ but both are valid names

Should an NRI file I-T returns if there is no income in India?

Is it compulsory for a nonresident Indian (NRI) to file income tax return (ITR) every year in India despite not having any income in India? -Dolly Moga

SPOTIFY'S PODCAST BET TURNS INTO A SERIAL DRAMA

The prospect of podcast riches led to aggressive investments in celebrity deals and original programming

Pentagon plans vast Al fleet to counter China

Defense department is seeking to deploy air-, landand sea-based autonomous systems

Film studios seek to unlock value of old titles on YouTube

In the ever-evolving world of film distribution, studios are adopting innovative strategies to maximize their reach and revenue.

Consumer firms spot early signs of bright festive sales

Onam and Rakshabandhan showed rise in demand for apparel and consumer electronics

Valuation norms for foreign investors likely in a fortnight

The valuation methods will aim to ensure worth of unlisted companies is accurately assessed

Ind-Swift to sell API business to Synthimed for ₹1,650 crore

New owners to invest and expand capacity; Ind-Swift may use capital to restructure debt

Ace Aviation asks NCLAT to hear appeal on Jet plane case in 2 wks

Malta-based Ace Aviation, a potential buyer of grounded Jet Airways aircraft, has requested the National Company Law Appellate Tribunal (NCLAT) to hear its appeal against an order by the Mumbai bench of the insolvency tribunal in two weeks.

Oil nears $90 for the first time in 2023

Oil prices hit a 10-month high of nearly $90 per barrel as Saudi Arabia and Russia extended their voluntary production and export cuts until the end of the year.

Temasek leads $140 mn funding in Ola Electric

The e-scooter company, gearing up for its IPO, was valued at $5.4-5.5 bn

India seeks more gas amid emergency measures to end blackouts

India is seeking additional volumes of natural gas and has asked utilities to expedite completion of power plant maintenance, as part of emergency steps to stop electricity outages, according to a government note.

Mandatory storage for RE projects likely

The Centre looks likely to mandate renewable energy projects with more than 5 megawatt (MW) capacity to install energy storage systems (ESS).

Looming polls, rocky market may dampen strategic sales

Until Sep, government could sell only 3% in Coal India and 5.36% in Rail Vikas Nigam Ltd

G20 summit to develop roadmap for crypto rules

The G20 Leaders’ Summit in New Delhi later this week will discuss the building blocks for cryptocurrency regulations, while a paper authored by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) will offer nations a road map for regulating crypto assets, a person with direct knowledge of the matter said.

'Makes sense to list in a market where people know you'

Fintech company Razorpay is seriously considering going public in India and is evaluating ways to do it, says Harshil Mathur, the co-founder and chief executive of the Wilmington- and Bengaluru-based unicorn that counts Tiger Global Management Llc, Peak XV Partners (formerly Sequoia Capital India & SEA) and GIC Pvt. Ltd, among others, as its investors.

Grid-scale batteries get a ₹3,760 cr VGF

Scheme to run till FY31, attract investments of about ₹9,500 cr

India To Bharat? Dinner Invite Sparks Name Change Rumour

President’s G20 invite cites her as President of Bharat instead of President of India