CATEGORIES

To fill PUBG void, local studios set to launch own titles

As the Indian government banned the mobile game Player-Unknown's Battlegrounds Mobile (PUBG Mobile) in 2020, Pune-based SuperGaming got to work on a similar game called Indus Battle Royale.

Crypto exchanges may face heat of PMLA rule

Exchanges will have to monitor transactions, raising compliance burden

Lenders lower rates as home loan growth dips

Bankers expect the new rates will help boost home loan growth

Govt to block HZL plan for Vedanta zinc assets

Majority of minority shareholders must approve deal; govt holds 29.5% in HZL

Adani repays $2.65 bn debt, releases Ambuja Cements share pledge

Billionaire Gautam Adani has fully repaid $2.15 billion of margin-linked, share-backed funding before its target 31 March deadline, the company said on Sunday. Additionally, Adani also prepaid a $500 million loan facility for acquiring Ambuja Cements Ltd, taking the total prepayment by the Adani family to $2.65 billion.

Ray of hope for steel, aluminium

Steel and aluminium producers continue to be plagued by subdued demand conditions that have resulted in lower price realizations.

No bailout, says Yellen

US treasury secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered.

Blackstone to sell stake in Sona Comstar for $640 mn

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) for $640 million, two people aware of the deal said. The sale of shares through block deals is expected to close on Monday.

Adani to halt some investments, focus on current projects

The Adani group has told domestic lenders that it will pause some of its proposed investments, especially those without funding commitments, and focus on the ones where work has already started, said two people aware of the development.

Banks offer lifeline to SVB-hit startups

Lenders have set up teams to assist startups in moving funds

Saudi Arabia, Iran restore relations in deal brokered by China

Accord marks diplomatic victory for Beijing in a region where U.S. has long dominated geopolitics.

IIP grows by 5.2% in January, consumer durables shrink

Industrial output expanded for third straight month in Jan, growth was highest since June

'India has 25% of the world's weddings'

Timothy Chi, global chief executive of The Knot Worldwide said one in every four weddings worldwide happens in India and with Indians raising their spends on weddings, companies like his are very bullish on this market.

NaBFID looks for HR help to hire more staff

Applications need to be shortlisted for mid- and junior-level positions

Coal stocks critical at rail-fed stations, NTPC seeks rejig

India’s largest power producer NTPC wants the government to take a relook at the coal allocation matrix in the country to prevent any sharp depletion in fuel stocks at generating stations, especially during high-demand months.

Xi gets 3rd term as China's president, extends rule

Breaks with a tradition under which Chinese leaders handed over power once a decade

CCI to soon crack down on corporate profiteers

More than a hundred orders against companies which have allegedly profiteered by withholding goods and services tax (GST) benefits from consumers will be issued once the watchdog gets to full strength, two people familiar with the matter said.

Tata Tech to go public, first for group firm in nearly 20 years

Tata Motors owns a 74.69% stake in the company, while Alpha TC Holdings and Tata Capital Growth Fund I have a 7.26% and 3.63% stake, respectively.

Meta plans social media platform to challenge Twitter

Meta Platforms Inc is exploring launch a new social plans to media app in its bid to displace Twitter as the world's \"digital town square\".

Jawa to succeed Mehta as HUL chief

Incumbent MD & CEO to retire after decade at helm

Indian mkts fall amid US tech bank share collapse

FPIs sold a provisional ₹2,062 crore worth of shares, pulling down Nifty, Sensex

New strategy to meet power demand

Additional capacity of 2,920 MW will be made available through new coal-based plants.

US intel community fears increased India-Pak, India-China tension

The American intelligence community has told lawmakers that it apprehends increased tension between India and Pakistan and India and China with the possibility of a conflict between them.

Ban on prop glycol from Maya Chem

India directed drug manufacturers to stop using propylene glycol sourced from the Delhi-based firm that supplied the ingredient to Marion Biotech, whose cough syrups were linked to deaths of 19 children in Uzbekistan, according to a government document seen by Reuters.

IndiGo hires Sutch for int'l cargo unit

The country's largest airline IndiGo has appointed Mark Sutch as the chief commercial officer for its international cargo business.

Biden to urge 25% billionaire tax, levies on rich investors

President Joe Biden is proposing a series of new tax increases on billionaires, rich investors and corporations in his latest proposal for how Congress should prioritize taxes and spending.

Russia bombards Ukrainian cities

Ukraine said it shot down 34 of the 81 missiles during the strike, which killed 5 people and caused blackouts

Advertising should stir thought and not anger

A Women's Day commercial asking for a safe Holi faced a flurry of boycott calls for alleged Hinduphobia. Brands must not yield to vacuous protests. Let's critique ads, not ban them

Working women deserve more than lazy bits of trend analysis

Gender inequality requires rigorous research to help us tackle it

PNG, CNG for Andaman, Lakshadweep

The government is planning to expand piped natural gas (PNG) and compressed natural gas (CNG) connectivity to Andaman and Nicobar islands and Lakshadweep islands, two officials aware of the development said.