CATEGORIES

El Nino A Challenge; RBI Striving For 4% CPI: Das

'If inflation cools on a durable basis, people can expect lower rates on loans'

What's the harm in cool, flashy job designations?

Job titles define the role of an employee, but an overblown descriptor on the business card can be confusing, even misleading

India-US relations: Set for a strategic upgrade

Washington's grand reception of Prime Minister Narendra Modi despite some unease within highlights the clarity of America's focus on the geo-strategic value of a deeper relationship

Blinken says Russia turmoil to last

The US secretary of state said tensions that sparked a revolt by Prigozhin-led militia had been rising for months

Byju's staff say morale waning amid turmoil at edtech firm

Fresh troubles at Indian edtech startup Byju's this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters.

New AIF scheme to rescue dormant assets

The introduction of liquidation scheme for alternative investment funds (AIFs) by market regulator Sebi provides an additional avenue for managers and investors to derive the maximum value for unliquidated investments, experts said on Sunday.

Mercedes eyes 20% sales from used vehicles

German luxury carmaker Mercedes-Benz looking at around 20% of its total sales this year to come from pre-owned car sales despite sourcing of used vehicles remaining a challenge, according to a senior company official.

Cheap Russian oil helps India widen petro product exports

Oil imports from Moscow rose three-fold to $4.64 bn in April from $1.2 bn a year earlier.

FPI flows in June cross ₹30k cr on stable macros, robust results

Foreign portfolio investors (FPIs) continue to show confidence in Indian equities and pumped more than ₹30,600 crore in June so far, as they bet on the country's stable macroeconomic profile and sturdy corporate earnings outlook.

Future Enterprises CoC re-constituted

Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted the Committee of Creditors (CoC) and claims of more than ₹12,265 crore have been admitted from both secured and unsecured financial creditors.

Indian markets go with the FIl flow

With easing inflation, interest rates on pause and a relatively better macroeconomic position, India is in a sweeter spot than many Asian peers.

PE/VC fundraising doubles propelled by HDFC Credila

Total funding raised by private equity and venture capital (PE/VC) T firms more than doubled last week to $1.22 billion from $569 million in the previous week lifted by the big-ticket buyout of HDFC Credila.

IBM framing policy on Gen AI

IBM is in the process of drafting a policy that will define how third-party generative artificial intelligence (AI) tools such OpenAI’s ChatGPT and Google’s Bard are used by its employees, three senior executives at the technology giant said at its AI Innovation Day event in Bengaluru on 20 June.

Shorooq Partners eyes Indian gaming startups for investments

Shorooq Partners, an early-stage tech venture capital investor in the Middle East, is evaluating investments in Indian gaming startups, a top executive said.

'Large population does not automatically contribute more to emission'

There is a need to rectify the notion that countries with large populations contribute more to emissions, a senior UNFPA official said, underlining that developing nations face the worst impact despite being some of the lowest producers of greenhouse gases.

L&T, UAE co eye ₹4,400 cr NLC project

Industrial conglomerate Larsen & Toubro and the UAE’s energy service firm Petrofac have shown an interest in developing state-run NLC India’s ₹4,400 crore lignite-to-methanol plant in Neyveli, Tamil Nadu, said NLC India’s CMD, Prasanna Kumar Motupalli.

No winners in Wagner's aborted mutiny

Shaken by the Wagner mutiny, Russia began addressing the damage of Saturday's bout of violence as its citizens tried to understand how these events will affect President Vladimir Putin's regime, which has shown itself so unexpectedly vulnerable.

Go First secures ₹450 cr funding

Go Airlines (India) Ltd, the low-fare carrier that filed for bankruptcy last month, secured lenders' approval for interim funding of ₹450 crore, potentially paving the way for the grounded airline to resume operations.

L&T Tech, BSNL in deal for private 5G

L&T Technology Services Ltd has tied up with Bharat Sanchar Nigam Ltd (BSNL) to deploy private 5G networks for enterprises in India, chief executive officer and managing director Amit Chadha said in an interview.

Govt, central bank in huddle over stuck real estate projects

The Centre is taking proactive measures to address concerns over stalled real estate projects, which pose risks to homebuyers as well as lenders.

RIL tests waters in consumer finance

Consumer loans are on offer under Jio brand at select outlets

WHEN PRIDE AND FASHION MEET

Every June, brands use rainbow-themed colours for merchandise to celebrate the LGBTQ+ community. We asked designers about the true meaning of inclusive fashion

'Sterling & Wilson RE to look for additional investments'

The board of Sterling and Wilson Renewable Energy Ltd is considering getting more investments into the company, its global chief executive officer Amit Jain said.

Children in cities losing height edge over rural kids

Children living in urban areas no longer have a height advantage over those from rural areas, according to a study by the Indian Council of Medical Research (ICMR).

No additional US scrutiny of steel, aluminium from India

This is part of the resolution of six out of seven disputes between the two nations at the WTO

Lagos Free Zone woos Indian manufacturers

LFZ is looking for investments in pharma, consumer goods, chemicals

Exited Byju's board, say Peak XV, Prosus

Venture capital firms Peak XV Partners and Prosus Ventures, and Chan Zuckerberg Initiative (CZI) have confirmed the resignations of their representatives from the board of Think and Learn Pvt. Ltd, the parent of India’s largest edtech company Byju’s.

What happened to the Titan submersible in the deep ocean?

The five people inside a submersible that went missing Sunday are believed to be dead, according to the U.S. Coast Guard and the company that operated the vessel.

Power to cost more during peak hours and vice versa

Electricity usage may cost less during the day and more during night, with the Union power ministry preparing to roll out the so-called Time of Day (ToD) tariff system.

Modi hails progress in US-India ties in address to US Congress

Prime Minister Narendra Modi said the momentous progress in America-India (AI) ties surpassed the remarkable advances in artificial intelligence (AI) in the seven years since his last address to the US Congress.