CATEGORIES

Adani Group to tamp down capex roadmap

Conglomerate intends to pay back all of the loans raised against shares

SOUND AND SIGHT FROM SUNDANCE

If 'Fantastic Machine' takes a look at the essential slipperiness of the moving image, 'The Tuba Thieves' asks viewers to listen more carefully

IndiGo clocks record revenue in Q3, lines up int'l expansion

InterGlobe Aviation, which runs IndiGo airline, posted its highest-ever quarterly revenue of ₹15,410.2 crore in the December quarter, up 63% from the year earlier and 20% sequentially.

Adani airport work may need new funding after FPO fiasco

The withdrawal of the follow-on public offering (FPO) by the Adani Group will impact its airport upgradation plans, since over one-fourth of the proceeds was intended for developing its airports.

Launch of Adani plant ops for power supply to Bangladesh may be deferred

Lenders may extend the commercial operations date (COD) for Adani Power's Godda thermal plant in Jharkhand, which was set up to supply power to Bangladesh, by six months, as the laying of the transmission lines is yet to be completed, said two people in the know.

Going beyond English voices

Hindi podcast Puliyabaazi's founders on why Indian-language content is essential

After 'glamping', how about some 'champing'?

'Champing', or 'church camping', is a unique way of discovering the British countryside and helping to preserve its culture

Taking to the road in picture-perfect Tenerife

Tenerife has something for every visitor, from art and heritage to beaches, a magical biosphere reserve and the Teide volcano

TEA NANNY The origin of India's tea story

In January, the North Eastern Tea Association launched an year-long celebration to commemorate 200 years of Assam tea. For this is where the story of India's tea begins, with one man who features as a key player, and who, by virtue of being Indian and Assamese, allows us to claim our part in the story. Maniram Dutta Barua, a British East India company employee who eventually rebelled and is credited as India's first commercial tea planter.

Friends online and IRL

We consume so much information online that there is little curiosity when we meet friends

Remembering Tom Verlaine

Singer-songwriter and guitarist Tom Verlaine of Television died recently. We reflect on the genius of their album 'Marquee Moon'

Airlines faced 546 snags during aircraft operations in 2022

The government on Thursday said domestic airlines faced a total of 546 technical snags during operation of planes last year.

SriLankan Airlines lures Indian fliers

In a bid to attract more Indian customers, Sri Lankan Airlines, the state-owned airline entity of Sri Lanka, said it is going to start operations from additional three cities in India including Ahmedabad. At present, it flies out of nine Indian cities.

Rallying markets suffer from a doveish illusion

The \"money illusion\" ranks among the most lyrical-sounding concepts in economics. It refers to the mistake that people make when they focus on nominal rather than real values.

Bank of England hikes interest rate for a tenth time in row

The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation.

ClassAct:HT R-Day quiz creates history

The preliminary round of the ClassAct 2023-The Hindustan Times Republic Day Quiz, on 26 January recorded the participation of an all-time high 21,540 students, up from the 19,625 students for ClassAct 2022, which had propelled the HT School's annual mega quizzing programme into the Asia Book of Records and the India Book of Records for maximum participation for online school quiz.

Dabur net profit down 5.5% as inflation bites

Packaged consumer goods company Dabur India on Thursday reported a 5.5% dip in December quarter profit amid a difficult cost and operating environment.

RBI seeks details of banks' exposure to Adani Group

The group has denied all the allegations of fraud but failed to convince analysts and investors

Byju's fires 1,500 staff; senior execs also hit

Layoffs part of move to optimize costs, outsource operations

Fed chair says no rate cuts, markets ignore

Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as \"gratifying\" as it is that inflation has begun to slow, the central bank is nowhere near to reversing course or declaring victory.

Framework for REITs, InvITs to issue depository receipts on cards

Sebi on Thursday proposed to allow REITs and InvITs to issue depository receipts to provide foreign investors an opportunity to participate in the units of Indian emerging investment instruments.

Middle earners may continue with old income tax regime

Even as the government makes the new income tax regime attractive in the budget by offering a higher exemption limit and standard deduction, middle earners may actually prefer to stick to the old regime.

Bangladesh seeks revision in 25-yr PPA with Adani Power

The Bangladesh Power Development Board (BPDB) has sought revision of its power purchase agreement with Adani Power for import of power from its Godda power plant in Jharkhand, said two people aware of the development.

'Angel tax ends pref treatment of foreigners'

The return of angel tax is nothing but an attempt to level the playing field for domestic investors that is currently tilted in favour of foreign entities, a top government official said.

NCLT halts fresh auction at RCap

The National Company Law Tribunal (NCLT) on Thursday barred lenders of bankrupt Reliance Capital (RCap) from conducting a second auction of its assets, terming it an \"illegal mechanism\" to circumvent rules of India's bankruptcy code.

Adani stock rout tops $111 bn in six sessions

Investors continue to flee shares of group firms even as bearish bets mount

The Union budget for 2023-24 is rather well placed on fiscal math

Total public debt will at most reach 86.9% of GDP by 31 March after three high-spend years and onshoring of off-budget items

A Mixed Bag For Banking Sector With More Positives

The rise in outlay for PMAY by 66% is likely to boost affordable housing loans

Footfalls for Hindi films slump up to 50%

Yash Raj Film's Pathaan has offered a glimmer of hope for the beleaguered Hindi film industry, but cinema attendance in Hindi-speaking markets has plummeted by nearly half post-covid.

Credit Suisse wealth unit halts margin loans on Adani debt

Credit Suisse Group AG has stopped accepting Chas Adani's group of companies as collateral for margin loans to its private banking clients, a sign that scrutiny of the Indian tycoon's finances is growing after allegations of fraud by short seller Hindenburg Research.