CATEGORIES

PM inaugurates diamond bourse, new airport terminal in Surat

Bourse will have international banking, safe vaults, and create about 150,000 new jobs

Hollywood falls short of glory

Hollywood's grip on the Indian audience, cultivated over the last few years, encountered a plot twist this year with box office collections estimated at just ₹1,300 crore from around 35 releases - a modest rise from the ₹1,276 crore earned in 2022, when 20 films were screened due to the covid-19 delays.

Honeywell eyes acquisitions in energy transition tech in India

Honeywell International Inc. is open to acquisitions in India's energy transition technology sector, said Ashish Modi, president for its India operations.

Product manager a hit at IITs

New hirings for this position are being offered annual salaries in the range of ₹25-45 lakh by companies

Deloitte to tap AI to balance staffers

The giants of the consulting world face an unusual quandary this year: many of them are in the process of dismissing hundreds of staffers even after they hired thousands of college graduates to deal with new demand. Now, one of the biggest of them all is looking to artificial intelligence (AI) to change that.

Washing liquids 'star' as fastest growing category

Rising washing machines ownership has accelerated sales of washing liquids, with a compound annual growth rate (CAGR) of over 35% in the past decade. This positions the category as the fastest growing fast-moving consumer goods (FMCG), data released by market researcher Kantar showed.

Zee seeks time on Sony deal as two directors voted out

Some of the largest foreign investors, which own a third of Zee, voted against the resolutions

France's AFD to help SJVN set up solar projects

SJVN began its foray into solar power in 2017, and has completed three projects with 81.3MW total installed capacity

FinMin revises letter, scotches PSU bank merger speculation

The Union finance ministry has rectified the agenda of a parliamentary committee meeting scheduled for early next year, putting an end to speculation of a potential merger of public sector banks-UCO Bank with Union Bank of India, and Bank of India with Bank of Maharashtra.

Fresh funds elude Vi, 5G service in limbo

Debt-laden telecom operator Vodafone Idea’s plans to raise external funds of over ₹20,000 crore may get further delayed and are unlikely to culminate even in the quarter ending March 2024, said two people aware of the development.

Wall Street says Basel 3 'Endgame' will upend climate finance

Wall Street's biggest banks are warning that existing assumptions around much-needed green finance will no longer hold if the US goes ahead with stricter capital requirements.

US shale surge challenges Opec's tightening grip on oil markets

The Organization of Petroleum Exporting Countries (Opec)'s one-time nemesis US shale - is rearing its head just months after the sector was all but written off as a threat to the cartel's sway over worldwide oil markets.

FPIs flood Indian equity markets

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly ₹1.5 trillion in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024.

Industrial, a lifeline for Kansai

Kansai Nerolac Paints Ltd is gearing up to beat competition blues following the entry of Grasim Industries Ltd, which is planning to launch decorative paints products in the March quarter (Q4FY24).

Yotta's new data centres in Gr Noida, Guwahati in 2024

UP govt offers critical sops for Yotta's data centre ops in the NCR, CEO Sunil Gupta says

Parliament security breach painful, a matter of concern, says Modi

The seriousness of the security breach in Parcannot be Prime Minisliament underestimated, ter Narendra Modi said on Sunday, as he called for a detailed investigation and urged the Opposition not to squabble over the incident.

Russian oil discounts for India set to rise

Currently, the discounts are in the range of $4-6 per barrel and may reach $10-12 per barrel soon

Regulation of pvt agencies sought in Brand India move

The idea is to ensure accountability, so that only deserving businesses get the ISO certificate

'FDI will flow again; China-plus-one gain will take time'

In the September quarter, India's FDI equity inflows declined 7.7% annually to $9.5 billion, according to official data

India to ease trade with five customs agreements by Mar

India is set to sign trade facilitation deals with five more key partners over the next three months, bestowing coveted ports and customs privileges including fewer inspections, faster tax refunds and deferred duty payments on half of its external trade.

Adani hits the road after 2023 setback

Group touts profits, growth opportunity in pitch to investors

The road to China-free supply chains for rare earths is long

Building China-free supply chains is tough. Sometimes it means dealing with lizards that don’t have legs and sands that are radioactive.

Govt to pay 30% upfront in critical mineral exploration

The Union government plans to make advance payments to private companies selected to scout for critical minerals to get work on these projects started quickly, a mines ministry document showed.

Indian exports shielded from G7 ban on Russian diamonds

A decision by the Group of Seven (G7) nations to ban imports of polished diamonds made from Russian rough stones from early next year will not hurt Indian diamantaires, a senior government official said on Friday.

FPIs, Fed move raise market to new highs

Benchmarks up over 1.3% as growth, returns draw foreign funds

Emami shows ₹2,000 cr appetite for its food biz

Group plans to acquire small regional firms, strengthen packaged food market

FTA, investments on agenda during Omani ruler's visit

India and Oman are set to discuss the proposed bilateral free trade agreement (FTA), investment opportunities and cooperation in the education sector during Sultan Haitham Bin Tarik's state visit to New Delhi, according to persons aware of the matter.

Ola CEO unveils AI model Krutrim, but details sketchy

The firm didn't clearly reveal key info such as data source on which the model is being trained

Govt meets industry execs as India turns steel importer

Steel industry alleges dumping from China; govt seeks company inputs to check imports

Kartikeya Sharma BREWING A LEGACY

The president of AB InBev India talks about his 18-year stint in the company, loyalty for an organisation and industry, and why India should drink more beer