CATEGORIES

Coca-Cola to bet on rural demand for chilled drinks

Coca-Cola Co. is investing significantly in India along with its bottling partners, a top company executive said, as rural electrification and falling poverty open up new markets for its beverages in the country’s vast hinterland.

'Lender must hear borrower before listing a/c as fraud'

The Supreme Court on Monday upheld a Telangana high court order from December 2020 that said a borrower must be given a hearing by the lender before an account is classified as fraud.

Govt may sell Balco stake next fiscal yr

More than two decades since the privatization of Bharat Aluminium Co. (Balco), the Union government is preparing to sell its remaining stake in the company in the next fiscal year, two people aware of the development said.

EU near rules for emission-free cars by 2035 after German deal

After a month of wrangling, the European Union is set to finally agree on landmark rules that will require new cars to have zero emissions after 2035, marking an effective end to the era of combustion cars.

Lenders to proceed with RCap auction

Round 2 likely next week despite Hinduja retracting revised bid

What makes office work feel more meaningful to you?

In TomorrowMind, the authors provide tips and tricks on how to succeed in the uncertain future of workplace

Your quiet worker might be the most valuable

They are frequently misunderstood as timid or unassertive. But they can make for successful leaders, great listeners and creative workers

The US subscription economy is overstretched and may snap

Subscriptions for just about everything are simply not sustainable

Banking turmoil in the West has placed India at a fork in the road

Lower growth and inflation are now more likely and this calls for Indian policy preparedness against emerging global risks

Business concentration may pose inflation risks

Viral Acharya has flagged a plausible problem of pricing power wielded by India's 'big five' groups but our inflation-targeting central bank must go by its regular monetarist toolkit

Here are four rules investors need to comply with in April

Starting April, mutual fund (MF) investors need to adhere to several new compliance requirements.

Debt mutual funds are no longer more tax-efficient than bank FDs

Capital gains on investments made after 31 March in debt MFs to be taxed at investors' income tax slab rate

WHAT'S BEHIND THE GROWING GLITTER OF GOLD

In an easy money world, gold remains a good investment

Credit Suisse faces threat of probe

Finma has come under scrutiny for whether it should've done more to prevent Credit Suisse's collapse

RevFin aims 2 mn EVs in 5 yrs

Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its chief executive & founder Sameer Aggarwal.

Lexus India looks to expand customer base to de-risk biz

Luxury carmaker Lexus is looking to expand its customer base in India, enhance sales infrastructure as part of its strategy to grow sales in the country which is expected to see the premium segment return to pre-covid levels this year, according to a top company official.

No mass layoffs at Flipkart: Raghavan

Flipkart is not among the companies that hire thousands and then lays off people to reduce headcount, said chief people officer Krishna Raghavan.

Govt eyes ₹3k cr from sale of former AI units

Alliance Air sale unlikely this year as govt does not see much appetite for it

'The Spy Universe is going to be a big focus area for Yash Raj Films'

Following a series of box office flops in 2022, since the reopening of theatres post-covid, Yash Raj Films, one of the oldest and reputed studios in India, has finally tasted success with action drama Pathaan and is now increasingly focusing on the spy universe and franchise films, chief executive Akshaye Widhani said in an interview.

Top tech startups double FY22 revenues, record $5 bn losses

After the pandemic turbulence, robust venture capital funding fuelled growth in FY22

Markets may remain volatile in near term

Interest rate hikes by the US Federal Reserve, the Swiss National Bank and the Bank of England, amid the turmoil in the banking sector, kept equity markets under pressure last week, a trend analysts see persisting in the near term.

'Incentives for first movers to textile parks'

Factories that are the first to set up at textile mega-parks will get incentives of 3% of their revenue, textile secretary Rachna Shah said.

Accenture's Q2 fails to clear the fog for IT Inc

The Indian IT industry has been in a turbulent phase for quite some time now. Fears of an imminent recession have battered sentiments. Add to that the crisis in the US and European banks, which is fuelling worries of medium-term revenue visibility for technology companies.

GST reimbursement, assured supply likely for coal gasifiers

In 2020, Centre announced an ambitious plan to gasify 100 million tonnes of coal by 2030

OneWeb's satellite broadband launch in India by Jul-Aug

India should refrain from auctioning airwaves needed for satellite broadband services, Sunil Mittal, executive chairman of One Web Ltd, said, calling upon the Indian telecom regulator to create policies to facilitate spectrum allocation for satellite services.

Behind Adani deals, an 'elusive' elder brother

Gautam Adani is the public face of Adani Group, the sprawling Indian conglomerate that has been accused by an American short-seller firm of stock manipulation and accounting fraud.

RIL'S FMCG push may spur price war

Reliance Consumer Products Ltd’s aggressive efforts to expand distribution in a short time, a feat that typically takes years, as it enters the household goods market is expected to trigger a pricing war, according to industry experts.

Niva Bupa attracts investor interest

Temasek Holdings, Warburg Pincus and Canada Pension Plan Investment Board (CPPIB) are keen to participate in Niva Bupa Health Insurance Ltd’s upcoming $100 million fundraising, two people aware of the development said.

LIC plans record ₹2.4 tn investments next fiscal

Life Insurance Corp. of India (LIC), the country’s largest investor, plans to invest a record ₹2.4 trillion across markets, including shares of locally traded companies, in the year starting 1 April, according to two people directly familiar with the state-run insurer’s plans.

Women find a platform in coto

The two-month-old women-exclusive web3 social platform has crossed 100,000 subscribers already. On the platform, women are talking about financial independence, being empowered, and things like mental health, menstrual health and sexual health.