CATEGORIES

No copyright restrictions on playing music at weddings, other events: Govt

THE GOVERNMENT HAS warned copyright societies of legal action if they collect fees for performance of literary, dramatical, musical works or other similar recordings at official or religious ceremonies including weddings.

Opposition to move no-trust motion in Lok Sabha today

AS THE LOGJAM in Parliament continued with the government not agreeing to the Opposition's demand that Prime Minister Narendra Modi should make a statement on the Manipur situation followed by a comprehensive discussion in both the Houses, the Opposition parties are likely to bring a no-confidence motion against the government in Lok Sabha on Wednesday in an attempt to force Modi to speak.

General govt debt moderates to 80.9% of GDP in FY23

Sharp, post-pandemic fiscal correction yields results

Byju's regularly disregarded advice on key matters: Prosus

IN A STATEMENT outlining the reasons behind its former director's resignation from the board of the troubled edtech company Byju's, global technology investor Prosus on Tuesday raised a series of concerns.

L&T sets the ball rolling ₹10,000-cr buyback

NEARLY FOUR YEARS after its earlier aborted attempt, Larsen & Toubro (L&T) on Tuesday announced a buyback of shares of up to ₹10,000 crore.

Go First asks airports to restore flight slots

Charter services likely to resume from tomorrow

Adani, Vi approach DoT for 5G rollout deadline extension

ADANI DATA NETWORKS and Vodafone Idea have likely urged the Department of Telecommunications (DoT) to extend the August 16 deadline for meeting the minimum obligation to launch 5G services, according to people aware of the matter.

IMF raises GDP growth to 6.1%

Change attributed to strong performance in fourth quarter

Happy days are here again for PVR INOX

What matters is content, says Sanjeev Bilji

RBL Bank targets 5% NIM this fiscal

EVEN AS A MODERATE amount of deposit repricing is scheduled for Q2FY24, private sector lender RBL Bank is confident of achieving 5% net interest margin (NIM) by the end of the current financial year by focusing on high-yielding assets, MD and CEO R Subramaniakumar told FE in an interaction.

Bandhan Financial to acquire Aegon Life Insurance

BANDHAN FINANCIAL HOLDINGS (BFHL) has entered into a \"definitive agreement\" with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company.

RIL: Balanced growth across segments

RATING: BUY | Consumer business compensates for the weakness in O2C

Arrest Imran Khan: Pak poll body orders police

THE ELECTION COMMISSION of Pakistan on Monday directed the Islamabad police to arrest former prime minister Imran Khan and produce him before it on Tuesday in a case linked to contempt of the top electoral body.

Spain faces political gridlock after polls

SPAIN WAS TRAPPED in a political gridlock on Monday after right-wing parties failed to clinch a decisive victory and no clear winner emerged from a national election, leaving pro-independence Catalan and Basque parties as potential kingmakers.

OpenAI's Altman launches Worldcoin

WORLDCOIN, A CRYPTOCURRENCY project founded by OpenAI CEO Sam Altman, launched on Monday.

Apple targets to keep iPhone shipments steady

APPLE IS ASKING suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, according to people familiar with the matter.

Twitter blue bird has flown as Musk unveils new logo X

BLUE BIRD LOGO IS UBIQUITOUS ACROSS WEB BEYOND TWITTER | Billionaire owner plans to erase all Twitter and bird branding

Retail shareholders in Adani firms decline 1.57% in Q1

THE NUMBER OF retail investors in the Adani Group firms fell by 1.57% in the June quarter when compared with the January-March period as investors exited with gains after the markets surged. The number of retail shareholders across the group's 10 listed companies fell by 108,963 to 6.84 million

IDBI Bank Q1 profit soars 62% on strong loan growth

IDBI BANK ON Monday reported its best-ever financials since it had gone down under a pile of bad loans that peaked at over a third of its assets in FY18, with a robust all-round performance, led by a 62% jump in its net profit to ₹1,224 crore and an industry-leading margin for the June quarter.

JSW Steel eyes coal mines, brownfield expansion

JSW STEEL IS looking to selectively bid for iron ore and coking coal mines, even though brownfield expansions, including the operationalisation of existing mines, remains its priority.

EV demand picking up after lull due to subsidy cut: TVS

FIRM POSTS 46% RISE IN PROFIT

Byju's downsizes Bengaluru office space to save costs

EDTECH COMPANY BYJU'S has relinquished all its office space in Kalyani Tech Park and a portion of the same in Prestige Tech Park in Bengaluru.

Tata Steel profit slumps 92% as Europe drags

BUT STILL BEATS ESTIMATES

19-year wait ends for ITC Hotels

The 120-hotel chain has been pursuing an asset-light strategy

Cotton industry to see revival in FY24

AFTER A LACKLUSTRE year, the cotton industry is keenly anticipating a revival with a sales volume expected to grow by 5-7% over last year.

Govt to curb supply of FCI rice for ethanol production

UNCERTAIN CROP PROSPECTS LEAD TO CAUTION | Against 3 MT target, only 1.3 MT supplied so far

Loan repayment: Banks told to avoid 'merciless' steps: FM

ALLAYING FEARS AMONG borrowers, finance minister Nirmala Sitharaman on Monday said both public and private-sector banks have been asked to refrain from being too harsh when it comes to ensuring loan repayment.

Industrial licence now valid for 15 years

MOVE TO PROMOTE EASE OF DOING BUSINESS | Norms for industries brought on par with defence product units

RIL to invest in two SPVs for data centre

RELIANCE INDUSTRIES (RIL) has signed an agreement to invest in special purpose vehicles (SPVs) set up by Brookfield Infrastructure and Digital Realty Trust for building data centres in the country.

Govt lines up next phase of UDAN for remote areas

THE CENTRE IS expected to announce the next phase of its flagship regional air connectivity scheme soon. According to sources, UDAN 5.2 is in the works and will promote last mile connectivity in remote regions.