CATEGORIES

HK's Gaw Capital in advanced talks to buy Atria stake

Hong Kong’s Gaw Capital Partners is in talks with Atria Power Corp. Pvt. Ltd to acquire a majority stake in the Bengaluru-based firm for an estimated equity value of $250 million, two people familiar with the development said.

Overseas realty buys under RBI scrutiny

Central bank may issue FAQs on ODI rules, clarifying its stance

King Charles Iii's Coronation Should Have Been The Very Last

The UK would do itself a big favour by phasing out its monarchy

The silent, long-term impact of the pandemic on kids JETOCKPHOTO

We are still trying to understand how two years of isolation during crucial years of their lives have affected children

Unravelling the complexities of India's 2011-12 GDP series is key

Gross domestic product estimation is complex and its details need to be understood in depth for effective policy and research

UPL March profit declines 42.6%

Hit by delays in planting season, UPL Ltd, the country's largest agricultural products and solutions provider, on Monday, reported a 42.6% decline in its March quarter consolidated net profit at ₹792 crore as against ₹1,379 crore in the same period of FY2022.

MiG-21 crash kills 3 in Rajasthan village

A MiG 21 fighter aircraft of the Indian Air Force (IAF) crashed on a house in Hanumangarh district of Rajasthan on Monday, leaving three women dead and as many others injured on the ground, police said.

Farmers join wrestlers' protest

Several farmers broke through police barricades on Monday to join the wrestlers' protest against Wrestling Federation of India chief Brij Bhushan Sharan Singh even as Delhi Police denied any untoward incident at the site.

ONDC needs to enliven e-com and widen gains

It has begun stirring up India's food delivery market but must impact e-commerce overall to mitigate power concentration in this field and help spread the gains of an online boom wider

Zero-fee food delivery app WAAYU debuts in Mumbai

Food delivery app WAAYU developed by tech entrepreneurs Anirudha Kotgire and Mandar Lande of Destek HORECA, launched its services in Mumbai on Monday.

Eruditus aims to break even by June: Damera

The edtech startup is targeting an Ebitda margin of 8-10% in FY24

India Inc lays red carpet for staff after career gap

Indian companies are increasingly looking to hire employees who are returning to work after a time off due to various reasons such as maternity leave, sabbaticals, caregiving, and health issues.

Airline asked to give refunds; agents may tap NCLT for dues

As the civil aviation regulator asks Go FIRST airline to provide refunds to passengers impacted by suspension of the airline’s flights, some travel agents’ associations and service providers are contemplating applying to the National Company Law Tribunal (NCLT) to seek pending dues, three people aware of the development said.

Go First faces DGCA permit action

The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Go First, asking the low-fare airline to explain the reasons behind its inability to run operations within 15 days.

Bulls return to markets with a bang after Friday's drubbing

Bulls returned to the markets with a bang on Monday, driving up key indices by over a per cent each after the HDFC twins’ steep correction pulled down the Nifty and Sensex to multi-month lows on Friday.

Beyond NIM volatility, Federal Bank needs to meet its FY24 targets

Federal Bank Ltd’s shares fell by more than 8% on Friday after its net interest margin (NIM) for the March quarter (Q4FY23) fell short of expectations.

Marico must match its dreams with execution

Before Marico Ltd’s financial results for the three months ended March (Q4FY23), the stock’s performance was nothing to write home about. The stock had declined by 3% this calendar year until Friday, which means valuations were lower to that extent.

Kotak sharpens healthcare focus in VC fund expansion

Over the past three years, it has made equity investments of about $10 million in 16 startups

India, UK explore new partnership in critical strategic technologies

India and the UK are in talks to build a pathbreaking partnership designed to boost cooperation in critical strategic technologies, according to persons aware of the matter.

FCI to miss wheat procurement target

Food Corp India will miss the wheat procurement target of 34.5 million tonnes during the 2023-24 April-March Rabi marketing season due to stocking by private traders and farmers holding back their produce.

Vaccine makers eye Mexico to expand LatAm footprint

Expanding domestic capability to manufacture vaccines has become a top priority for Mexico

EU braces for potential UAE clash over fossil fuel emissions

Near the end of the United Nations climate summit in Sharm El-Sheikh last year, European Union climate chief Frans Timmermans offered a grand bargain to break the deadlock in the two-week negotiations.

'We need China's cooperation to understand covid'

Cooperation from China, including access to sites, data, blood samples, and animal farms in the country, is required to determine the origin of the covid-19 virus, according to former World Health Organization (WHO) chief scientist Soumya Swaminathan. The virus is believed to have originated in Wuhan, China.

Mortgages race past corp loans as lenders chase home buyers

Banks in India disbursed more loans to home buyers than corporate borrowers in FY23, indicating robust demand for mortgages despite the rise in interest rates.

Investor fund rejects Sebi plan to let cos do refunds

The Investor Education and Protection Fund Authority (IEPFA), a statutory body attached to the ministry of corporate affairs, has turned down a Securities and Exchange Board of India (Sebi) proposal to let companies handle investor claims and refund shares, dividends and interest income held in a designated fund.

NIIF targets $1bn fund-of-funds to support infra devt

The National Investment and Infrastructure Fund Ltd (NIIF), the state-backed investment fund, plans to launch its second fund-of-funds (FoF) to raise $1 billion to invest in the funds of local asset managers, three people familiar with the development said.

Quality crackdown to hit China imports

India has imposed mandatory certification on products

How Is Withdrawal Of Funds From PF Taxed?

It is presumed that you are currently not with an employer to whom the provisions of Employees Provident Fund and Miscellaneous Provisions Act, 1952.) do not apply.

How an obscure PPFAS morphed into India's Berkshire Hathaway

The way of the tortoise' has seen the fund house grow 200 times its size and deliver a stunning 19% CAGR

UK celebrates King Charles' coronation

Neighbourhoods around Britain will hold street parties and King Charles will attend a concert featuring the likes of singers Lionel Richie, Katy Perry and Andrea Bocelli at Windsor Castle on Sunday in celebrations to mark his coronation.