CATEGORIES

RIL loses zero-debt status amid expansion plans

IN FY21, RELIANCE Industries (RIL) emerged as a zero-debt company but lost that status the very next year, dragged down by debt of subsidiaries including Reliance Retail Ventures (RRVL) and Reliance Jio Infocomm (RJio).

India to host 1st edition of 'Global IndiaAI 2023'

THE MINISTRY OF Electronics and Information Technology is planning to host the first edition of Global IndiaAI 2023 in October this year, an official statement said on Wednesday.

Jio submits legal viewpoint to Trai

AT A TIME when the Telecom Regulatory Authority of India (Trai) is preparing its recommendation on the allocation of satellite spectrum, Jio has sent a detailed legal opinion to the regulator that it sought from former Supreme Court judge KS P Radhakrishnan, preferring auction as the mode of spectrum allocation.

Govt nod to ship out non-basmati white rice cargoes

THE GOVERNMENT HAS allowed traders to ship out their non-basmati white rice cargoes sitting at ports due to a sudden ban on exports of the category, a government order said late on Tuesday.

Scanty rainfall in South & Central India to hit crops

Monsoon likely to be revived by September 4

G20 preparations reviewed

PRIME MINISTER'S PRINCIPAL Secretary PK Mishra on Wednesday chaired the ninth meeting of the G20 coordination committee to take stock of preparations for the upcoming Summit of the grouping.

RoDTEP scheme on chemicals, steel, pharma to be extended

SIX-MONTH EXTENSION AS SOUGHT BY INDUSTRY ON THE CARDS

Lithium firms race for new source

RISING EV DEMAND PUTS METAL IN FOCUS

OMCs have headroom to bear LPG price cut

PREVAILING LOW LPG prices may provide enough cushion to oil marketing companies (OMCS) to bear the ₹200 per cylinder price cut announced on Tuesday by the government, which may not give them any subsidy for this.

Zee probe: Not satisfied, says SAT

THE SECURITIES APPELLATE Tribunal (SAT) on Wednesday raised concerns over the Securities and Exchange Board of India's (Sebi) confirmatory order against Zee Entertainment Enterprises promoter Punit Goenka.

Global alternative funds expand footprint in realty

GLOBAL ALTERNATIVE FUNDS are making the most of the demand for credit from property developers and signing a spate of structured debt deals.

Dell, HP among 32 PLI applicants

APPLE, SAMSUNG GIVE IT A MISS

Boon Or Bane?

BLOGGER'S PARK | Treat AI in marketing as a co-pilot, not a backseat driver

In 2024 Polls, It's Modi Vs Modi, Says Ruchir Sharma

'Weaponisation Of Investigative Agencies A Concern'

Google To Add AI Models To Its Cloud

ALPHABET INC.'S GOOGLE is adding artificial intelligence (AI) tools from companies including Meta Platforms Inc. and Anthropic to its cloud platform, weaving more generative AI into its products and positioning itself as a onestop shop for cloud customers seeking to tap into the technology.

Japan Warns China Of WTO Action

JAPAN MAY TAKE World Trade Organization (WTO) action against China, which banned all Japanese seafood imports in response to Tokyo's release of treated wastewater from the wrecked Fukushima nuclear plant into the ocean.

US Firms Say China Is 'Uninvestable': Commerce Secy

US COMMERCE SECRETARY Gina Raimondo said US firms have complained to her that China has become "uninvestible", pointing to fines, raids and other actions that have made it too risky to do business in the world's second largest economy.

Hit with cramps after heats, relay star Rajesh Ramesh vomited for an hour

It took the anchor leg runner two hours to feel alright

Giant leap for India's small-town colleges

90% ISRO SCIENTISTS NON-IIT PASS-OUTS

BJP tries to sidestep cracks in Rajasthan

THE BJP IS all set to blow the poll bugle in Rajasthan with four Parivartan Yatras', promising change, to be launched between September 2 and 5, and meant to cover all the 200 Assembly seats and close to 9,000 km across the state.

SC: Any time frame for J&K statehood?

'RESTORING DEMOCRACY VERY IMPORTANT' | Says J&K UT status not permanent feature, but Ladakh to remain one

Religare Finvest approaches RBI for PCA removal

RELIGARE FINVEST, THE non-banking finance company (NBFC) subsidiary of Religare Enterprises, has approached the Reserve Bank of India (RBI) to be removed from the stringent prompt corrective action (PCA) list, Religare Enterprises executive chairperson Rashmi Saluja told FE.

'We prefer to think of our business as B2C'

INTERVIEW: ARNAB BANERJEE, MD & CEO, Ceat | Two-wheeler tyre leader Ceat (28% in 2022) has ambitious plans to enter the US market this fiscal and double its international business turnover. MD and CEO Arnab Banerjee tells Christina Moniz about the company's strategy to take on competition. Edited excerpts:

China banks to cut rates on mortgages, deposits

STIMULUS PUSH | This is the latest of state-directed steps to shore up growth

Stock markets close higher for 2nd straight day

BENCHMARK STOCK INDICES Sensex and Nifty closed higher on Tuesday, marking their second straight day of gains as metal and power and select financial shares advanced.

Online insurers may be first to feel the heat after JFS' foray

ONLINE INSURANCE PLAYERS may be the first to face the heat after Jio Financial Services' proposed foray into the insurance space.

Sebi seeks to calm FPI nerves

PROPOSAL TO RELAX NRI INVESTMENT NORMS

Tata Sons' shareholders okay appointments, FY23 dividend

TATA SONS, THE investment holding company of the Tata group, has received shareholders' approval for re-appointment of Saurabh Agrawal and Ralf Speth as directors for five years.

More exits at Byju's amid restructuring

SETBACK FOR THE EDTECH MAJOR

More focus on new-age biz group: Analysts

FOR RELIANCE INDUSTRIES (RIL), India's largest private sector company, the continuing emphasis is on transition to become a new-age conglomerate with focus on digital as it plans foray into wind power generation.