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Channels take a $3-bn hit from piracy of popular daily soaps and live sports

Television broadcasters in India are looking at losses. of almost $3 billion from cable piracy, according to professional services network Deloitte, that has not been recognised as a separate offence by the Cable Television Networks (Regulation) Act.

Sebi plans to reward informers for tip-offs

With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to 20 lakh to informants for sharing information about the assets of defaulters.

India jostles with China for April ESPO crude from Russia

Private Indian refiners are jostling with independents in China for Russian ESPO crude loading in April, pushing prices higher after Moscow lowered exports of its flagship grade Urals, industry sources said.

Lenskart nears $500 mn stake sale to ADIA at $4 bn valuation

Abu Dhabi Investment Authority is nearing a deal to acquire a stake in Indian eyewear startup Lenskart Solutions Pvt. for about $500 million, according to people familiar with the matter.

Covid-19 no longer a big threat to lives: CDC India head Desai

Covid-19 has reached a stage where the US Centers for Disease Control (CDC) no longer considers it a severe threat to people’s health, but as just another disease, CDC India head Meghna Desai said. In an interview, she said that the jury is still out on whether the virus originated in a lab.

FSSAI asks for quality, safety checks on health supplements

The food regulator has told food commissioners of all states and UTS to carry out a special drive to check nutraceuticals and health supplements for quality and safety throughout their manufacturing and sale process.

World to miss goal on cutting sodium intake, says WHO

The world is likely to miss a global target for a 30% reduction in sodium consumption by 2025, the World Health Organization says, blaming government inaction.

Apple sharpens India focus in global rejig

Apple Inc. is reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter, a sign of the nation’s growing importance.

Centre expands financial scrutiny

The Union government tweaked rules on money laundering, putting non-government organizations (NGOs) and “politically exposed persons\" under tighter scrutiny, significantly widening the range of people and entities whose financial transactions agencies such as the Enforcement Directorate will have access to.

India, US to ink chip Centre expands collaboration pact financial scrutiny

India and the US are set to sign an accord on semiconductor cooperation, US commerce secretary Gina Raimondo told reporters on Wednesday, adding the two countries had held a dialogue about coordinating semiconductor incentive schemes to prevent a subsidy race and glut in the supply of this vital technology.

Local gas prices may be tied to crude from Apr

Panel suggested a floor price of $4 per mmBtu and a ceiling price of $6.5 per mmBtu

How Youtube Is Used To 'Pump And Dump' Stocks

Orders passed by Ananth Narayan, whole-time member at market regulator Sebi, in two recent cases, reveal the modus operandi of people operating ‘pump and dump’ schemes on YouTube

Is 30% of my income enough to achieve goals?

Beating inflation, for both education, which tends to be higher than consumer price inflation, as well as for living expenses for retirement is crucial.

China sets modest growth goal

The GDP target compares to last year's goal of around 5.5% which China missed by a large margin due to covid

'India can be semiconductor design hub'

With India focused on setting up its own semiconductor manufacturing ecosystem, Rajan Anandan, managing director of Sequoia Capital, has said the country capability to become a major player in the chip design space.

Shift in production ecosystem to boost efficiency

India's manufacturing ecosystem should shift towards integrated platforms which can drive efficiency and economies of scale by providing all elements of the supply chain under one umbrella, said industry executives.

Few takers for Southern films' remake rights amid flops

Southern film remakes in Hindi, once a guaranteed recipe for box office success, are losing their appeal amid recent failures such as Selfiee, Shehzada, Vikram Vedha, and Jersey.

Jalan-Kalrock to order 200 aircraft for Jet Air

The order, likely in June, could be a mix of small to large narrow body jets

'Lenders must catalyse IBC proceedings'

Lenders must play a \"catalytic role\" in the corporate insolvency resolution process (CIRP) given the current regime of creditor-led Insolvency and Bankruptcy Code, the National Company Law Appellate Tribunal (NCLAT) said in a recent order.

Questions of propriety in Adani Power director's audit practice

An accounting firm run by an independent director of Adani Power Ltd is the auditor for Adicorp Enterprises, the entity behind a complex transaction that involved lending ₹608.5 crore to the power producer, prompting concerns about potential conflicts of interest and the adequacy of disclosure practices.

Two traders built big Adani Ent positions as GQG stepped in

Two large traders initiated huge positions, estimated potentially at ₹500 crore as of Friday closing, on the derivatives counter of Adani Enterprises, the Adani Group flagship, around the time ace investment manager Rajiv Jain’s GQG Partners picked up a 3.39% stake in the company from the SB Adani Family Trust.

'Need to probe four Mauritius funds'

Hindenburg Research in a January 24 report accused Adani group of \"brazen stock manipulation and accounting fraud\" and using a number of offshore shell companies to inflate stock prices.

Can't take money out of China; India, Brazil are better: Mobius

Mobius, who calls himself 'the Indiana Jones of Emerging Market investing', told FOX Business he's increasing exposure to alternative markets such as India and Brazil.

Online gaming cos move CBDT, PMO to oppose tax rules

The online gaming industry has approached the Central Board of Direct Taxes (CBDT) and the Prime Minister’s Office (PMO) to oppose changes in tax deduction at source (TDS) and Goods and Service Tax (GST) on the sector.

Zetwerk raises ₹100 cr debt led by Edelweiss

Company will utilize funds to make fresh acquisitions and drive growth

India taps Siemens to build e-corridors

India is in talks with Germany’s Siemens AG to develop e-corridors in the country, said two people with knowledge of the matter.

Govt to make Kolkata health institute top forum for policy discourse

This follows a government review which found that private institutes have of late become the face of India's public policy space, diminishing the role of the government's own public health institutes.

Wealthy ditch private jets for commercial as covid eases

Many of India’s wealthiest people are leaving their private bubbles to join commoners on commercial flights, as the pandemic fades and airlines get back into rhythm.

Order on gratuity in HDFC Bank case may hit corporates

At the centre of the case is a petition filed by a former employee of HDFC Bank before the controlling authority under the Payment of Gratuity Act, 1972.

Centre may ease AT-I bond valuation rules

The move aims to make the bonds more attractive to investors