CATEGORIES

Vedanta must take care not to sound like India's next Adani

Its global bonds have flagged and New Delhi links are under watch

The bar for Delhi's G20 Summit may have been set in Bengaluru

The absence of a joint communique suggests more attention must be paid to behind-the-scenes diplomacy ahead of meetings

Do not let a geopolitical split hold up debt relief

China's stiff stance on its bilateral lending risks throwing a spanner in G20 efforts but it is in the world's interest to see no country ends up financially strapped. One world' must win

Performance matters: why PMS may not be a great investment

Data points out that the performance of most PMS funds over a five-year period lacks lustre compared to MFs

GM union wants new offer as dispute goes into mediation

Pune court last week ordered US automaker A 1,100-member workers' union to mediate in their ongoing dispute about voluntary separation.

Air India to end brand Vistara after merger

Airline to retain Maharajah brand after its merger with Tata SIA Airlines

Indians skip top overseas T20 leagues

The astounding the Indian success of Premier League (IPL) may have resulted in various cricketing boards trying to replicate the model to launch their own twenty-twenty (T20) format leagues, but they are yet to create a meaningful business model. This is because, a key ingredient is missing-Indian players.

Mobile users may get relief from spam texts

India ranks among the top five countries most affected by spam messages

Adnoc Gas IPO upsized to about $2.5 bn on heavy demand

The United Arab Emirate's main oil company has increased the size of the initial public offering of its gas business-already set to be the world's largest so far this year-by a quarter to as much as $2.5 billion.

Weaker export prospects dim Bajaj Auto's earnings outlook

Bajaj Auto Ltd's weak performance in the export markets has been a pain point for investors in the stock.

Spectre of El Niño is back to haunt

Even before investors could heave a sigh of relief on inflation, a potential fresh risk in the form of El Niño has emerged.

JPMorgan purges ESG funds of Adani stocks

BlackRock, Deutsche, DWS units still hold Adani stocks in ESG funds

Dux to end ops in April as funding taps dry up

The firm backed by Malpani Ventures is the latest edtech co to close down

Smoking scene in movie? CBFC will need to be convinced first

Filmmakers will have to get scenes showing smoking cleared by the censors as part of sweeping new rules sparked by the failure of general anti-tobacco warnings at movie screenings.

Govt proposes fund to explore offshore mining

The government proposes to set up a fund for exploration of offshore mining and mitigation of its adverse effects.

AEL pips RIL to become top traded stock on NSE

Gautam Adani might have ceded his position as the richest Indian to Mukesh Ambani, but, in an unflattering comparison, his group flagship Adani Enterprises (AEL) has trumped Ambani's Reliance Industries Ltd to become the most actively traded scrip on NSE so far this month.

Carlyle Aviation converts SpiceJet's dues into 7.5% stake

Low-cost carrier SpiceJet Ltd said Carlyle Aviation now holds a 7.5% stake in the airline after converting $100 million of outstanding dues into equity. Carlyle also acquired compulsorily convertible debentures in SpiceXpress, the airline's cargo arm.

Govt plans revamp of auto insurance policy

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Lumax to ride on premium PV, SUV trend

Lumax Auto Technologies, a manufacturer of integrated plastic modules and gear shifters for automobiles, aims to capitalize on new opportunities as premiumization in the passenger vehicle industry drives demand for high-value components.

Emirates, Air India eye codeshare pact

Emirates looks to join hands with a strong and premium airline like Air India to operate in the subcontinent, he said.

Italy shipwreck kills 58 migrants

Italian Prime Minister Giorgia Meloni expresses \"deep sorrow\" for the deaths, blames human traffickers

G20 aims for global deal on MNC taxing rights in HI 2023

The document called for finalising negotiations under the second pillar of the package-a global minimum tax.

For ice-cream lovers, soaring milk prices may leave a sour taste

Consumers can expect to pay more for their summer treats as many ice cream makers plan to pass on to customers the rising costs of milk, a key ingredient. Several ice cream makers have, in fact, already effected price hikes in January and February, citing unusually high commodity inflation.

Railways eyes pvt funding to redevelop 15 stations

Indian Railways is exploring a new public-private partnership (PPP) model to attract private investment to redevelop railway stations, two people aware of the development said.

Goan feni to set sail for foreign shores, with mahua to follow

Goa's famous feni, a cashew fruit-based alcoholic beverage, may soon find its way to the shelves of overseas liquor stores, with the Indian government encouraging the industry to adopt international standards and streamline supply chains.

Govt may ask HZL to explore share swap, rights issues

Hindustan Zinc Ltd (HZL) should explore alternative financial strategies other than handing out cash for the proposed $2.98 billion acquisition of Vedanta Ltd's zinc assets, a government official aware of the plans said.

Greenko taps cash flow to prepay debt of $500 mn

Greenko Energy Holdings has prepaid $500 million of global bonds, scheduled for repayment in August 2023, using its own cash flow.

Fabindia calls off share sale amid mkt uncertainty

Fabindia Ltd, a retailer of Indian ethnic wear, has withdrawn its initial share sale documents for its proposed ₹4,000 crore initial public offering amid market uncertainty.

SpiceJet net profit quadruples in Q3 on higher demand, fares

SpiceJet Ltd unexpectedly reported a four-fold jump in earnings to ₹106.8 crore for the December quarter thanks to robust demand and higher fares, driving the low-fare airline's shares up 12.3% on Friday.

Godrej & Boyce loses plea in bullet train land dispute

The Supreme Court on Thursday dismissed Godrej & Boyce Manufacturing Co. Ltd's appeal against the Maharashtra government's acquisition of its Vikhroli land for the Mumbai Ahmedabad bullet train project.