CATEGORIES

Rahul targets PM, BJP: Bharat Mata killed in Manipur

MANIPUR DOMINATES DAY 2 OF DEBATE | Says Army could have stopped violence but wasn't called

Suzlon gets shareholder nod to raise €2,000 crore via QIP

SHAREHOLDERS OF SUZLON Energy on Wednesday approved raising ₹2,000 crore via the qualified institutional placement (QIP) route.

Air India group net losses over ₹15k cr

VISTARA RECORDED A SOLID H2FY23 | Revenue from 'airlines activity' rises 4 times

IMF's agreement with Pak under risk

THE $3 BILLION IMF bailout package for Pakistan could be at risk if the caretaker government's tenure gets prolonged due to the likely delay in holding general elections in the cash-strapped country, a media report said on Wednesday.

ESPN strikes Penn deal to enter sports betting

WALT DISNEY'S ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment, licensing its brand for sports betting and deepening the media giant's ties to the growing online gambling business.

Biden to restrict US investment in Chinese tech

THE BIDEN ADMINISTRATION is likely to issue new restrictions on American investments in certain advanced industries in China, according to people familiar with the deliberations, a move that supporters have described as necessary to protect national security but that will undoubtedly rankle Beijing.

China slides into deflation amid weakening demand

PROLONGED PROPERTY MARKET FALL WEIGHS ON RECOVERY | Policymakers face pressure to step up monetary support

RBI may extend pause to fight inflation

THE RESERVE BANK of India (RBI) is expected keep its benchmark rate and policy stance unchanged for a third consecutive meeting to support growth while food inflation accelerates in Asia's third-largest economy.

Sebi warns Infy for delayed updation of price-sensitive information

SEBI HAS WARNED Infosys for delayed updation of information in the structured digital database (SDD) system, a mandatory monitoring system to track unpublished price-sensitive information. Sebi also rejected the response of Infosys that the delay was due to the pandemic.

Banks hike investment in digital infrastructure

REVAMP WITH A BETTER HUMAN TOUCH | Relationship between customers and banks becoming impersonal

Credgenics raises $50 mn

FUNDING AT OVER 3X VALUATION | Debt collections platform claims FY22 operational revenue hit ₹100 cr-mark

Tata Power to double capex to ₹12,000 cr this year: MD

TATA POWER HAS earmarked a capex of 12,000 crore for the current financial year, nearly double of that in FY23, of which nearly 60% would be utilised for renewables.

L&T lines up $12-bn investment in 5 years

GREEN ENERGY KEY AREA IN EXPANSION PLAN

Trade in rupee with neighbouring nations gains pace

INDIA'S EFFORTS TO promote settlement of foreign trade in Indian rupees are bearing fruits, with neighbouring countries like Bangladesh and Sri lanka being the first to use the route.

RS passes data protection Bill

Opposition presses for guidelines on privacy-related concerns

Space sector poised for FDI lift-off

MORE PRIVATE INVOLVEMENT | FDI to be allowed in entire value chain, including vehicles ops

Maharaja's job at AI isn't over yet

AIR INDIA TO UNVEIL NEW LOGO, REBRANDING TODAY

Hyundai to ink pact for GM plant next week

HYUNDAI MOTOR INDIA and General Motors are set to sign a definitive agreement next week for the latter's plant at Talegaon near Pune, five months after the Korean car maker signed a term sheet with GM to acquire the facility.

After raid, Hero faces tax probe

TAX AUTHORITIES ARE investigating motorcycle maker Hero MotoCorp's relationship with a vendor suspected of reporting about ₹90 crore ($11 million) in false expenditure, two sources familiar with the matter told Reuters.

Data Bill: Govt to consult industry on transition time

COMMUNICATIONS AND IT minister Ashwini Vaishnaw on Wednesday said the government will consult industry on the transition time to comply with the provisions of the Data Protection Bill.

IPO listing time halved to T+3

NORMS MANDATORY FROM DEC 1: SEBI

Jailer May Surpass Rocky Aur Rani

With ₹10 cr in day 1 advance bookings | Pathaan delivered the biggest Day 1 collection this year

'See No Impact From Laptop Import Curbs'

We Produce Pcs Locally: Lenovo India

THE REBRANDING OF 'DEEMED CONSENT'

The Digital Personal Data Protection (DPDP) Bill, which was passed by the Lok Sabha on Monday, has done away with the \"deemed consent\" provision in the 2022 version of the Bill, raising concerns among many companies about the difficulty of doing business without such a clause. We look at these concerns and what exactly the Bill has done on this count

TCS to give GeM a facelift

TATA CONSULTANCY SERVICES (TCS) has been selected by the Centre to upgrade the Government e-Marketplace (GeM), a platform that facilitates online purchases of goods and services by the central government departments and ministries.

Tata Power, Maha govt to develop 2,800 MW projects for ₹13,000 cr

TATA POWER HAS signed an agreement with the Maharashtra government to develop two large pumped hydro storage projects (PSPs) with a combined capacity of 2,800 megawatts (MW). The projects entail an estimated investment of about ₹13,000 crore.

Jindal Stainless ready for EU's carbon tax

WORKING ON SCOPE 3 EMISSIONS

Keep usage under 30% of credit limit

Lenders see high credit utilisation as a sign of high default risk

SoftBank posts surprise loss in Q1 but Vision Fund swings to profit

JAPAN'S SOFTBANK POSTED a surprise loss but said it was dipping its toes back into new investments after its Vision Fund unit returned to the black for the first time in six quarters.

Moody's cuts credit ratings of small, mid-sized US banks

WITH MILD RECESSION ON THE HORIZON | The rating agency warns of possible cuts for others