CATEGORIES

Panchayati raj: It needs funding empowerment

An RBI report on finances of panchayati raj institutions addresses a long-felt gap. We have a long way to go before local governance realizes its potential and delivers on its promise

Blast from the past: Can these mega funds regain their mojo?

Their returns have varied across different time-periods due to changes in market dynamics and other reasons

Nitish Kumar rejoins NDA, is now Bihar CM for ninth time

PM Modi said he is sure the new Bihar government will serve the people dedicatedly

India may leverage LoCs to pitch its DPI stack to developing nations

The government is considering leveraging its lines of credit to offer digital public goods and infrastructure stacks to other developing countries, two people aware of the plan said.

The S&P 500 rallied to records on the back of just one sector

The S&P 500 is back at record levels for the first time in two years. Information technology is the only one of the index's ll sectors that can say the same.

Kakkar: Quality of ads has turned poor

Eminent ad film director Kakkar said the Prahlad quality of advertising has turned poor in the country but things will change for the better.

Swiss chocolatier Läderach eyes India expansion

India's burgeoning appetite for luxury, particularly Western-inspired trends, has caught the eye of Swiss chocolatier Läderach, which controls about 5% of the entire Swiss chocolate market.

'India will become auto technology provider to the developing world'

However, our manufacturing industry is yet to become globally competitive, says Maruti Suzuki chairman

'We'll lift Zee stake to 26%; no plan to raise external funds'

Five years since Zee Entertainment persuaded lenders not to classify its debt as default, the media giant is facing pressure to oust its promoter family, after an aborted merger with Sony Pictures in India. In an interview, founder Subhash Chandra said his son Punit Goenka, who heads Zee, is the right person to lead it in the future as well, as he aims to raise the family’s stake in Zee from 4% to 26%. Edited excerpts:

JSW Steel expects local sales, exports to rise in March qtr

A midst a recovery in global steel prices and the upcoming general elections, JSW Steel maintains an optimistic outlook for the domestic steel market for the fourth fiscal quarter, expecting a notable uptick in steel volumes, Jayant Acharya, joint managing director of the company, said in an interview.

CEAT eyes replacement tyre mkt growth, aided by PV sales

Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company managing director & CEO Arnab Banerjee.

DLF builds on robust luxury home demand

Buoyed by a robust demand for its properties in the ongoing fiscal year, real estate developer DLF Ltd has raised the pre-sales bar higher for FY25. It has already surpassed its pre-sales (bookings) target of ₹13,000 crore for FY24 within nine months of the year by clocking ₹13,316 crore, helped by new launches.

Redcliffe to sell IVF unit, grow with less funds

IVF unit under Crysta brand has centres in Delhi, Pune and other cities

Water resources may get 10% more allocation in FY25

Ken-Betwa river linking project will be ready for implementation in the next two months

Valuation disquiet over Pai's Aakash move

Shareholders of Byju’s (Think & Learn Pvt. Ltd) and Aakash Education Services Ltd have raised objections to business tycoon Ranjan Pai’s proposal to convert debt to equity in Aakash, the group’s crown jewel, multiple people with knowledge of the developments said. Their primary concern: it would dilute the value of their stakes.

Digital consumer courts by March

India’s consumer protection body is moving the dispute redressal mechanism online at the national and state levels by March end, two officials aware of the matter said.

Health insurers may get a new regulator

The interim budget on 1 February may set the stage for a composite licence for life and general insurance, a separate regulator for health insurance and an increased digital push for the delivery and sale of insurance products, two people aware of the plans said.

Adani taps PEs, banks to raise up to $3 billion

Debt, equity raising in 4 months for airport, green hydrogen, solar plans

Is India's demographic dividend generation ready for the future?

ASER findings reveal a deficit of basic skills but digital adoption could enable a compensatory paradigm shift in education

A winter in Copernicus' Toruń

The walled Polish town, full of Gothic architecture and references to the astronomer, is ideal for a quiet holiday

Barbie's missing Oscar nod: Bias played a role

Does a clear Oscar tilt towards Oppenheimer' over Barbie' reveal a gravitas preference or gender bias? It's time to place Hollywood's big awards under the lens of republican ideals

Why senior citizens require deductibles in health plans

By opting for deductibles, they can bring down the cost of health insurance premiums

FAA halts Boeing 737 output, allows idle jets to fly

U.S. air-safety regulators on Wednesday put limits on Boeing's production of 737 MAX jets, but cleared the way for grounded jets to resume flying after airlines complete inspections.

What could bring Apple down?

Trustbusters, platform shifts and geopolitics could all hurt the iPhone maker, which will report its latest quarterly earnings next week

DLF buys Gurugram land for ₹825 crore

The JSW Group on Thursday announced its entry in defence manufacturing by acquiring a controlling stake in Gecko Motors Pvt. Ltd, an off-road vehicle company.

Titagarh Rail, Amber group form venture to enter train parts biz

Kolkata-based Titagarh Rail Systems (TRSL) and K Amber group of Delhi have joined hands to enter the railway component and subsystem business by jointly forming a special purpose vehicle (SPV).

JSW Steel beats estimates, Q3 net up 400% at ₹2,415cr

Increase in steel sales amid a rise capacity utilization contributed to the surge

Vedanta net profit down 7% in Q3 as finance costs surge

Company's net debt has gone up sharply, to ₹62,492 cr from ₹38,076 cr a year earlier

Tata Tech CEO sees muted end to FY24; bullish on next year

Tata Technologies on Thursday reported a 1.6% sequential growth in its rupee revenue to 1,289.5 crore in the quarter ended December, while net profit rose 6.1% to 170.2 crore. In dollar terms, the revenue increased 0.9% sequentially to $154.8 million, while its earnings before interest and taxes (ebit) margin rose to 16.2%.

'Need to cut losses in Europe'

Tata Steel never had to support Dutch unit, except in the last quarter. Meanwhile, UK operation is still struggling