CATEGORIES

Synchron readies large-scale brain implant trial

Synchron Inc, a rival to Elon Musk's Neuralink brain implant startup, is preparing to recruit patients for a large-scale clinical trial required to seek commercial approval for its device, the company's chief executive told Reuters.

Alibaba slashes cloud prices globally as AI demand quickens

Alibaba Group Holding Ltd. is cutting prices for cloud customers from the US to Singapore by as much as 59%, mirroring deep discounts at home as the once high-flying division struggles to fend off rivals and revive growth.

BoAt starts data breach probe

Homegrown electronics brand Boat on Monday acknowledged allegations of a data breach, stating that the company is currently conducting an investigation on the issue.

Piramal Alternatives invests ₹110 cr in Biodeal Pharma

As contract manufacturing becomes the new A growth driver of the pharmaceutical industry, Piramal Alternatives, the fund management business of the Piramal Group, on Monday announced an investment of ₹110 crore in Biodeal Pharmaceuticals Ltd, a contract development and manufacturing organization.

'Returned $2 bn, including co-investments, in 5 years'

Everstone has backed India-origin founders who aim to build global businesses out of the US

Armoured cars, small arms in India-Brazil defence equipment short-list

India and Brazil are putting together a list of two dozen defence products for possible co-development and production as part of efforts towards deepening security ties, according to persons aware of the matter.

Govt may provide DBT to onion farmers

The union government is planning to directly transfer payments to farmers for shallots purchased by its procurement agencies, an official said.

India's fuel demand hits new FY record

India's fuel consumption fell 0.6% year-on-year (y-o-y) in March, but demand for the 2024 financial year was up about 5%, primarily driven by higher automotive fuel and naphtha sales.

Doubts creep in about Fed rate cut this year

After the latest blockbuster jobs report Friday showed continuing strength in the economy, more traders are betting the Fed may cut the benchmark federal-funds rate just once or twice this year, fewer than officials' last median forecast of three quarter-point cuts.

RBI vets suitors for IDBI Bank

The long-delayed privatization of IDBI Bank may be about to speed up, with the central bank examining the suitability of potential bidders.

Star India deal no big haircut for Disney

Eyebrows were raised when The Walt Disney Co. agreed to merge its India unit with Reliance Industries Ltd (RIL) entities at a valuation of $3.12 billion, since the business was seen to be worth much more when Disney acquired it nearly seven years ago. However, documents accessed by Mint reveal a different picture.

Banks battle worst deposit crunch in nearly 20 yrs

Banks in India struggled to attract deposits in FY24, even as credit growth soared.

CEO salaries surge 0% in just 4 years

Promoter CEOs among best-rewarded in India Inc: Deloitte

Is It Ever Ok To Have An Early Morning Meeting?

Proponents of 8 a.m. confabs say they're useful for coordinating global teams across different time zones

Plane Rentals Soar, Fares May Be Next

Older aircraft see sharper jump in lease rental rates over a year

How A Shifting AI Chip Market Will Shape The Future Of Nvidia

The AI chip battle that Nvidia has dominated is already shifting to a new front—one that will be much larger but also more competitive.

HOW TO CUT DOWN ON EXPENSES WITH HEALTH INSURANCE

Health insurance is a financial saviour but a lack of clear understanding of the terms and conditions can lead to some out-of-pocket expenses for the policyholder.

Can Ayodhya be India's biggest tourist hotspot?

Religious tourism holds high market potential and a town that blends Modi's vision in key ways is now set for a commercial boom. Think of Say's Law: Supply spells its own demand

Stocks are at record highs, but it'll only get harder from here

Expectations for interest-rate cuts are waning. Some investors say stock gains might be hard-won as a result

Adani Green H2 unit aims to get up to $3 bn in loans

Adani group's defence arm plans to invest more than ₹3,000 crore in ammunition and missiles making

America must help the world revive and reinvent the WTO

Such a body is vital to address the collective challenges we all face

'Gamification' of Indian equities poses macro and market threats

India's staggeringly large retail participation in high-risk derivatives trading calls for the use of risk-curbing disincentives

Consumption: A major shift amid modest gains

A long-awaited survey that plugs a glaring data gap points to rising household expenditure, superior diets and a critical change: rural households spending less on food than other items

Goldman strikes $1 billion private credit deal with Mubadala

The $1.7 trillion private credit market has more than doubled in size over the past five years

India pushes for digital public infra, fair competition at WTO

Urges action on unfair e-commerce policies, challenges extension of duty-free e-trade

The former CFO who thinks he can fix Disney

Nearly a decade after leaving, Jay Rasulo is back, this time as a nominee to join Disney's board

India to see more connected TVs

Addressable advertising is set to surpass 13% of total TV advertisement revenues in the country by 2025

Ericsson to offer AI solutions to telcos

5G deployments to cool, but fixed wireless access will lift business

Sharma resigns from Paytm Bank board

Paytm founder Vijay Shekhar Sharma has stepped down as non-executive chairman of Paytm Payments Bank as the lender overhauls its board in the face of regulatory strictures.

Yulu decides to focus on people mobility again

Firm says Bajaj partnership to offer access to international markets, R&D