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ITC hotel spinoff at 10:1 ratio, IPO in 15 months
ITC shareholders will hold a 60% direct stake in the new hotel venture
The population puzzle: what Indians feel
With one foot in tradition and the other in modernity, young Indians are leading several demographic shifts that will define the next phase of change in the world’s most populous country, finds the latest round of the YouGov-Mint-CPR survey.
Covid failed to blunt investments in IPR
India’s overall investment in fixed assets, meanwhile, saw a decline, indicating a heightened focus on innovation within boardrooms
Muthoot missing the Midas touch
Assets under management (AUM) of its mainstay gold loan business clocked nearly 18% year-on-year growth and 7% sequentially to ₹66,039 crore in the June quarter (Q1FY24).
Xpressbees acquires logistics co Trackon to serve small firms
BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday it has acquired logistics company Trackon Couriers Pvt Ltd. Financial details of the deal weren't disclosed.
Plan for India-Sri Lanka power line project in advanced stages
It will help crisis-hit Sri Lanka improve its energy security after the country saw widespread power shortages in 2022.
Ready for carbon tax? Govt wants steel firms to find out
The development comes at a time when India is exploring tariff and non-tariff measures to counter EU’s Carbon Border Adjustment Mechanism (CBAM) that proposes to tax ‘embedded carbon’ in imports of steel, aluminium, cement, hydrogen, electricity and fertilizers from 1 Jan 2026.
Laid-off startup CXOS struggle in job market
Xpheno estimates that in the last 18 months, about 40-50 CXOs have been laid off across startups
Nirma sole suitor for Glenmark Life
The bid came in late last week after the company extended the deadline a second time
Adani probe: Sebi seeks 15 more days
Sebi said the extension would allow it to submit the final status report on 24 issues it has investigated in connection with the Hindenburg report
Retail inflation roars to 7.44% as food costs bite
Food inflation quickens to 11.51%, the highest level since October 2020
Privacy Law: Under-18s May Be Defined As Minors In Gaming
The government may define individuals below 18 years as underage for the online gaming sector for processing of personal data, while the definition of underage might be revised in the case of edtech and healthcare sectors under the digital personal data protection law, a senior official aware of the matter said
The Big Jobs Debate: Who's At Risk From GenAI?
Previous tech waves impacted the blue-collar worker. Now, the white-collar employee's future is more threatened
How To Govern The AI Industry Must Be Accorded High Priority
Our discussion must leap from vague anxiety to the details of how best to harness this technology
Gadar 2 Gives Single-Screen Cinemas A Much-Needed Boost
Gadar 2, a sequel to the 2001 hit, has finally brought some cheer to pandemic-hit small, singlescreen cinemas in the Hindi-speaking belt with audiences returning in droves
China's Economic Slump May Yet Wash Up On Foreign Shores
Gloom from the worlds second largest economy could affect us all
The office of the future requires just one rule
Treat every individual like an adult-that's what it takes for all the generations in the workplace to work together effectively
Know the costs associated with pregnancy and childbirth in India
Expectant parents need to weigh several variables, including pregnancy complications and hospitalization costs
More low-priced tomatoes sold in Delhi
The government, via the National Cooperative Consumers' Federation of India (NCCF), sold 36.5 tonnes of tomatoes on Saturday in Delhi alone under a special sale programme
Maui loses at least 93 lives in deadliest wildfire of century
Firefighters continued to work to extinguish flare-ups and contain fires in Lahaina and two other places
Nearly 150,000 merchants are on ONDC today: CEO
The Open Network for Digital Commerce (ONDC) now has nearly 150,000 merchants on its platform, the head of the government-backed non-profit e-commerce protocol said, underlining its widespread adoption across the country
Air India Express rebranding may be a mix of old and new
It will be launched in October when the airline gets its first new Boeing 737 Max aircraft
Tilaknagar looks to invest in brand building
Liquor company Tilaknagar Industries will step up investments in its brandy and gin lines during this financial year now that the firm has prepaid its restructured debt, freeing up additional cash for brand building
'Finfluencers should not mislead public'
India's markets regulator is faced with a Catch-22 situation as it rachets up efforts to increase the country's financial awareness
Venture funding up 17% last week; deal volume picks up too
Private equity and venture capital funding rose last week from the preceding week buoyed by a big-ticket transaction
'Will deploy over $1 bn in India over five years'
Ethos Asset Management, a California-based private investment firm that offers long-term loans to projects, recently said it will enter the Indian market with plans to deploy more than $1 billion in the country over the next five years
WFP taps India for 200,00 tonnes of rice as global hunger worsens
The World Food Programme has sought 200,000 tonnes of rice for its humanitarian operations from India, the largest exporter of the commodity, amid what it called \"catastrophic levels of global food insecurity triggered by the covid-19 pandemic and the Ukraine war, two people aware of the development said
Positive signals from Aus FTA utilization
Indian exports to Australia slipped over 30% in the five months after a partial free trade deal came into effect in January, but the utilization rate of country-of-origin certificates an indicator of how much the deal is benefiting exporters-has reached 90%, an official aware of the development said
India plans own certification for digital public infra, goods
Talks under way with multilateral forums like UN, G20 to collaborate on rating mechanism
Samsung to get up to ₹600 cr as phone manufacturing PLI
The Union government is likely to disburse up to ₹600 crore to South T Korea's Samsung Electronics Co. Ltd for the first year under the production-linked incentive (PLI) scheme for mobile phone manufacturing, three people aware of the development said