CATEGORIES

Booster for rooftop solar, power for EVS at home

Quicker installation of rooftop solar projects, dedicated power connections to charge electric vehicles at home, and speedier grant of electric connections to households may be a reality soon, with the government tweaking key rules in this respect.

Go First gets ₹7K cr joint bid from Ajay Singh, Busy Bee

SpiceJet boss Ajay Singh and Busy Bee Aviation have submitted a joint ₹7,000 crore rescue plan for bankrupt airline Go First, two people aware of the development said.

EGM ousts founder, but Byju's unfazed

Investors move NCLT citing mismanagement by co leadership

India's Economy Surges Further Ahead In February

Services sector output at seven-month high, manufacturing sector at five-month high in Feb

Exploring the delicious street food and drinks of Goa

The state is full of dishes that find no mention in traditional recipe books, yet enjoy a big following among residents, tourists

Forest bathing in an enchanting Finnish fell

In the picturesque wilderness of Iso-Syöte, Finland's southernmost fell region, mindfulness comes unbidden and naturally

Capitalism varies across as well as within individual countries

It varies by whether firms are informal or formal, small or big, competitive or oligopolistic and politically connected or not

An onion sweetener: Is this a bright bulb idea?

A novel onion waste-based sweetener is an incubated-startup idea picked by the Centre for national scaling up. In a country of carb-heavy diets, could it ease our diabetes burden?

INSIDE UNACADEMY'S LAB OF RUSHED EXPERIMENTS

The startup is grappling with unsuccessful acquisitions and the challenges of establishing an offline presence

EU says Ukraine will feature prominently in its India talks

European diplomat Sannino expects India to support western sanctions on Russia

As hybrids gain popularity, sceptics ask if they are sufficiently green

More emissions are produced when making EVs and their batteries than when making gasoline-only cars

China's metal demand takes a different shape as housing slumps

While China's housing market could take a while to recover, steel demand is getting a manufacturing and infra boost

AI finds an unlikely benefactor: Blackstone CEO Schwarzman

The newly christened Schwarzman College of Computing at the MIT is set to open at the end of April

New classification may claw back TV viewers

ISEC may breathe life into ailing genres such as English entertainment

How Perplexity AI plans to disrupt Google's monopoly

The company's CEO is confident that it will emerge as a true challenger to the search giant

Indian pharma cos eye weight-loss mkt

Indian drug-makers aiming to grab a slice of the burgeoning weight-loss treatment sales pie, both at home and abroad, have begun developing their own versions of Novo Nordisk's wildly in-demand Wegovy.

Birla eyes profits, ₹10,000 cr revenue for paints biz in 3 yrs

Aditya Birla Group enters the decorative paints market, eyes number two spot in India

Bharat Highways InvIT to float ₹2,500 crore IPO on 28 Feb

Bharat Highways Infrastructure InvIT, an investment trust, on Thursday said it will launch its ₹2,500 crore initial public offering (IPO) on 28 February.

Nifty hits record high amid volatile trading

The Nifty soared to a record high of 22,252.50 for the fourth straight session on Thursday after gyrating 377.25 points between the day’s low and high.

Office demand sees green shoots

The resurgence of Global Capability Centers (GCCs) has helped demand for Grade A office spaces make a comeback. This has meant an improved leasing trajectory for office asset owners, who have been grappling with muted demand lately.

Cutbacks, salary delays at Log9

Nanotechnology startup Log9 Materials has laid off more than 115 contract workers at its Bengaluru factory and postponed January salaries for employees, and payment to vendors, according to people aware of the matter.

Xoriant's digital engineering push with MapleLabs buyout

Xoriant, a California-based software engineering and digital services firm supported by homegrown private equity major ChrysCapital announced on Thursday the acquisition of Bengaluru-based technology solutions provider MapleLabs Inc. The company, however, did not disclose the financial details of the transaction.

ChatGPT spews gibberish, OpenAI blames it on 'bug'

OpenAI updated the page with a message stating the tool was operating normally after over 16 hours

CVC Cap partners agrochem veteran for chemicals play

European private equity firm CVC Capital, which announced the close of its sixth and latest Asia-focussed vehicle earlier this week, on Thursday said it has partnered with the agrochemical industry veteran Rajan Gajaria to invest in global chemicals and CDMO (contract development and manufacturing organizations) businesses.

KKR to bring chunk of Asia infra fund to India

To expand investment horizon from Fund II after deploying 30% of Fund I

Readymade garment exports up in Jan

Key products such as crude oil, auto, chemicals, textiles etc. and steel have been affected by the Red Sea crisis

Cabinet panel okays BrahMos missiles buy for Navy

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around ₹19,000 crore, people familiar with the matter said on Thursday.

Japanese stocks hit pre-bubble record

Japan's benchmark stock average on Thursday broke the record closing high set more than 34 years ago, a milestone in the country's recovery from a popped bubble that left the economy in the doldrums for decades.

Space FDI to fuel nascent segment

Opening up FDI comes after the space policy for private sector was introduced in April last year

Hero Future to raise $200 mn before IPO

The spate of deals in India’s renewable energy space continues with Rahul Munjal-led Hero Future Energies Pvt. Ltd looking to hire JP Morgan for a pre-initial public offering (IPO) fundraising. The deal is expected to have an equity value of around $200 million, said two people aware of the development.