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There is no serious talk on huge constructions

A WALK IN THE WOODS

Hastings moves to chairman role at Netflix

Netflix Inc. said co-founder Reed Hastings has stepped down as co-chief executive and will become executive chairman, in a leadership shuffle that comes as the streaming giant beat its own forecast for subscriber gains.

New rules for social media influencers

The government cracked down on the booming market of social influencers on Friday with new rules, including publishing clear disclosures about brand associations, to bring transparency and protect consumers.

Reliance's Q3 net profit beats Street on retail boost

Mukesh Ambani's Reliance Industries Ltd beat analysts' expectations for quarterly profit as its new consumer ventures compensated for the decline in its chemicals business.

HC spikes Yes Bank's AT-1 bond write-off

Lender's administrator, RBI had written off ₹8,415 cr bonds as part of bailout

Apple Must Swing Back The Brand Value, It's Lost

It has been displaced by Amazon as the world's most valuable brand by a formula that isn't perfect but still indicative. As custodian-in-chief of Apple's appeal, CEO Tim Cook must act

All eyes on Paris Haute Couture Week

Rahul Mishra and Gaurav Gupta could be the catalyst that changes the way Indian designers are viewed in Paris

India's car market should use a hybrid lane for a green pick-up

Electric cars are gaining share too slowly and hybrids could help

Foreign banks in Gift City may get tax sops

International banking units (IBUS) of foreign banks located in Gift City, Gujarat, may be given tax relief in the upcoming budget, according to people privy to the development.

Venture capital's $300bn question

Consider the following puzzle. In 2021 venture capitalists raised $150bn in fresh cash, a record amount.

New Zealand PM Ardern announces shock resignation

The 42-year-old - who steered the country through worst crises said she no longer had \"enough in the tank\"

Energy efficiency rules for cold storages soon

BEE preparing guidelines on cold chains, star-rated electric appliances

India Post Payments Bank looks set to break even in FY23: CEO

India Post Payments Bank (IPPB) is looking to break even by the end of this financial year with gross revenue crossing ₹500 crore. J. Venkatramu managing director and chief executive, IPPB, said the bank is investing heavily in technology and is focusing on getting small savings customers to the India Post network.

Sebi probes investments between Nippon MF and Yes Bank

An Indian regulator is investigating investments between Nippon India Mutual Fund, the largest foreign-owned fund in the country, and Yes Bank between 2016 and 2019 for suspected misuse of investors' money, sources said.

5-year swap signals bets of dovish RBI

India's five-year overnight indexed swap rate crashed to its lowest level in the current fiscal, on bets that a quicker policy pivot from the US Federal Reserve could also lead to a dovish turn by the Reserve Bank of India (RBI), analysts said.

A pale quarter for Asian Paints as competition worries lurk

Asian Paints Ltd's lacklustre December quarter (Q3FY23) earnings kept investors in a sombre mood on Thursday with the stock losing about 3%.

Longer wait for GST tribunals with Council yet to clear proposals

Businesses may have to wait longer for quicker resolution of Goods and Services Tax (GST)-related disputes under the proposed appellate tribunals, as the Finance Bill 2023 is expected to skip crucial amendments needed in this regard.

Spot airfares fall up to 50% in Jan

After a blockbuster December for airlines, with high fares and strong demand, January has seen as much as a 40% drop in spot fares on several metro routes, indicating demand has softened, data from multiple travel websites showed.

Sun Pharma to acquire US firm Concert for $576 mn

Firm aims to strengthen its dermatology product range in the US with deal

SC rejects Google plea to stay order on ₹1,337 cr penalty

The Supreme Court on Thursday refused to stay a National Company Law Appellate Tribunal (NCLAT) order, directing Google to deposit 10% of a ₹1,337 crore fine imposed by India’s antitrust regulator for abusing the tech giant’s dominant position in the Android ecosystem.

Yellen meets China's Liu He as rivals seek to limit conflict

The top US and China economic officials met Wednesday in Zurich, the latest effort to improve contacts and communication between the two global competitors after a period of heightened tensions.

Job cuts in tech sector spread, Microsoft lays off 10,000

Microsoft 10,000 is cutting workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions. The company said in a regulatory filing Wednesday that the layoffs were a response to \"macroeconomic conditions and changing customer priorities.\"

Weak demand keeps stocks of consumer durables, electricals in check

The S&P BSE consumer durables index continues to remain in the downtrend, having lost almost 12% since its September highs. Weak consumer sentiment and tepid demand have been key reasons.

Govt to pursue global tie-ups for green energy transition

India aims to help lay down an international policy framework for collaboration in energy transition during its presidency of the G20 this year, Director General of the Bureau of Energy Efficiency (BEE), Abhay Bakre, said.

Hotels start 2023 on a high, air travel demand stays robust

Hotels across India will likely carry on the strong booking momentum of the New Year's Eve weekend through this month, buoyed by the Republic Day holiday and demand during the wedding season, including honeymooners.

Apple gets boost in India as China suppliers get nod

More than a dozen of Apple Inc.'s Chinese suppliers are receiving initial clearance by India to expand in the country, helping the tech giant's efforts to diversify its assembly network beyond China.

GoMechanic admits to irregularities, investors seek audit

Investors of GoMechanic have ordered a forensic audit of the accounts of the car servicing startup by EY to examine claims of fraud and financial misreporting, three people with knowledge of the development said.

New fertilizer plants to curb subsidy load

RCF, NFL look to build 5 plants to make super-efficient nano-urea

Airlines Rush To Check Mid-Air Misbehaviour

Incidents of passengers misbehaving have spiked in the last two months

China GDP growth slows to 2nd-lowest in 4 decades

China's economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity but is reviving after restrictions that kept millions of people at home and sparked protests were lifted.