CATEGORIES

Govt expects EU carbon tax to hurt only 1.8% of exports

After being passed by lawmakers of the 27-nation bloc, the Carbon Border Adjustment Mechanism (CBAM) Bill is expected to come into force this month, empowering the bloc to charge a Carbon Border Tax (CBT) on imports of steel, aluminium, fertilizer, electricity, cement and hydrogen from January 2026.

Govt halts plan to adopt cross-border insolvency

The government’s current priority is to address key concerns around the operation of the bankruptcy code

Axis Trustee approaches NCLT to add more Future Retail claims

Axis Trustee Services, one of the financial creditors to Future Retail, has approached the NCLT after the resolution professional rejected its claims worth ₹470 crore out of total claims of ₹1,266 crore

Visa delays push Indian IT firms to hire US locals

The current timeframe for issuance of B1 and B2 visas exceeds a year in cities such as Mumbai and Delhi

'Go wanted to jump the line in engine delivery'

Pratt & Whitney, a Raytheon Group company, hopes the supply chain issues will improve in the current year

Adani revives capex plans for $1.5 billion

In November 2021, the Adani group stated it would invest $70 billion in new energy over the next decade

Godrej promoters plan family office

Godrej Industries' promoters are launching a family office to invest in new-age businesses, pursue riskier bets in unrelated segments and incubate new ideas. The office will be overseen by the son of the group chairman and will start with a few hundred crores.

Google unleashes AI arsenal to counter Microsoft's success

Alphabet Inc.’s Google showed greater attention on displaying its progress on artificial intelligence (AI) at I/O, its annual developer conference, this week in a shift from the event’s traditional focus on presenting the latest generations of Android operating system.

KKR's IndiGrid acquires Virescent for ₹4,000 cr

Virescent Renewable Energy Trust has signed definitive pacts for the deal

TaMo to pay Ist dividend since '16

Tata Motors Ltd, the parent of UK luxury car maker Jaguar Land Rover (JLR), on Friday posted a consolidated net profit of ₹5,408 crore in the quarter ended March, and declared a dividend of ₹2 per equity share, its first since 2016, when it had delivered a dividend of ₹0.20 per share.

Banks can tag loan fraudulent without personal hearing: SC

The apex court clarified that an oral or personal hearing was not necessary in every case

Vi records biggest customer exodus in nearly 2 yrs in Feb

Vodafone Idea Ltd lost 1.3 million 4G users in February, the steepest decline in 21 months for the loss-making carrier, according to the latest subscriber data issued by the Telecom Regulatory Authority of India (Trai).

Mar factory output growth slips to 5-month low of 1.1%

Slowing global demand and inventory surplus hit the pace of manufacturing in the country

Cracking the concertcore fashion code

A guide to help you decide what to wear for the next big musical event in your city

How lonely are you?

Stepping out of home for chores and having micro interactions with people can make one feel more connected

Raising kids without sexism

A collective in Bengaluru is spreading awareness about feminist parenting and helping families apply it in their homes

Air France-KLM, IndiGo eye bigger mkt with codeshare

Air France-KLM plans to bolster its partnership with India’s largest airline IndiGo, airline executives said. The development coincides with the Tata group-owned Air India announcing plans to launch flights to Amsterdam.

Consumer helpline to aid users tricked by online apps on prices

Ever wondered if the price of your online food order has gone up between the menu and the checkout page? Or booked a costly air ticket following an alert that only two seats left at a low price?

Margins to stay stressed for next 3 quarters: L&T

Profit margins of Larsen and Toubro Ltd (L&T) are set to remain under pressure for the next three quarters as it completes projects awarded earlier at current cost structures, company chief financial officer R. Shankar Raman said in an interview.

Retail inflation at 18-mth low may put rate hikes on pause

India’s retail inflation slowed to an 18-month low in April, remaining comfortably below the Reserve Bank of India’s upper tolerance limit for the second consecutive month, driven by a decline in food prices.

SC offers 3-month extension to Sebi

Court to review Adani panel report before deciding on extension

The Executive Keeping Tesla Rolling Isn't Musk

Finance chief Zach Kirkhorn is widely admired for his skill navigating the demands of his boss

CAI lowers cotton crop estimates

Cotton Association of India (CAI) on Thursday further lowered its cotton crop estimate by 465,000 bales for the 2022-23 season to 29.8 million bales as production is expected to decline in Maharashtra, Telangana, Tamil Nadu and Odisha.

A walk through the world's newest wine spot

California's Paso Robles has more than 200 wineries and tourism is booming

Global investors need Indian tax carrots and not uncertainty sticks

India can expect a global tax reform pact to work in its favour and should make tax certainty a top domestic policy priority

Pakistan's crisis matters even if it's not existential

The country faces a ‘polycrisis’ of new proportions that may or may not be traceable to the ideological basis of its creation but India must watch it closely for geopolitical implications

Here's how you can enjoy a 5-star hotel stay, for free

Reward points earned from credit card spends can be transferred to loyalty programmes of hotels

BoE raises key rate to 4.5%, says more hikes could come

The latest rate decision of the central bank continues the quickest round of increases in four decades

NHA asks states to ensure Ayushman Bharat Digital coverage

As on date, around 205,263 healthcare facilities are registered under ABDM and 389,825,264 digital health IDs have been created.

Zee-Sony merger to face fresh roadblock

Sebi instructs BSE, NSE to place a recent ex-parte order on record Sebi had passed an ex-parte order in the matter of Shirpur Gold Refinery fund diversion case