CATEGORIES

Passive money may form bulk of flows into equities

THE BULK OF flows into Indian equities this year from overseas as well as domestic institutional investors could be passive in nature, a report by Kotak Institutional Equities said.

Piramal exits Shriram Finance, sells entire stake for ₹4,824 cr

PIRAMAL ENTERPRISES ON Wednesday divested its entire 8.34% stake in non-banking financial company Shriram Finance for ₹4,824 crore through an open market transaction.

Rally continues, benchmarks report fresh closing highs

Falling commodity prices, global cues keep bulls in control

Carlyle to exit Delhivery via block deal for ₹710 crore

PRIVATE EQUITY FIRM Carlyle Group is looking to offload its entire 2.53% stake in Delhivery, a Gurgaon-based logistics and supply chain company, through a block deal, for about ₹710 crore ($86 million).

Akasa Air orders four Boeing jets

THE COUNTRY'S NEWEST airline, Akasa Air on Wednesday placed an order for four additional Boeing 737-8 jets at the Paris Air Show. This order is a follow-up to the 72-plane order placed earlier by the carrier.

SYLVESTER DACUNHA: 1930-2023 - The Amul Girl loses her creator

Amul Girl creator Sylvester da Cunha made real-time marketing the art of tossing chucklesome lines into the social flow - a thing much before social media made it mainstream

TCS wins $1-billion deal from UK's Nest

The project was earlier with French technology services firm Atos

Stakeholders seek easy PLI terms, focus on components

Review meeting on June 27 to address lack of investor interest

After a brief lull, RE capacity addition gathers pace in Q1

Investors upbeat as module costs decline, import barriers ease

Telcos, tech firms spar over Wi-Fi band now

AFTER PRIVATE NETWORK and satellite communications services, telecom service providers and technology firms like Google, Microsoft, Meta and Amazon are now crossing swords over the allocation of 6 GHz spectrum.

Sony tracking impact on Zee deal

SONY PICTURES ENTERTAINMENT on Wednesday said that it was monitoring developments post the Securities and Exchange Board of India's (Sebi's) interim order banning Zee Entertainment's founder Subhash Chandra, and MD and chief executive officer Punit Goenka from holding board positions in any listed entity.

Reboot likely for key PLIS

Guidelines and procedures may be streamlined

Musk confirms Tesla will come to India

CEO plans to visit India next year

K'taka Cong, BJP lock horns; CM seeks rice supply from states

THE RULING CONGRESS and the Opposition BJP in Karnataka took to the streets in Bengaluru on Tuesday, holding separate demonstrations over the implementation of the former's poll promises, the Anna Bhagya scheme, under which 10 kg of grain is to be provided monthly to each member of BPL families in the state

BJP trying to run Delhi through ordinance: Kejriwal

AFTER ITS FIRST meeting on Tuesday, Delhi Chief Minister Arvind Kejriwal called the recently formed National Capital Civil Services Authority (NCCSA) a mere ploy by the BJP to run a government in Delhi through deceit. He said the proceedings of the Authority were futile and its existence unconstitutional and undemocratic

Omicron-specific mRNA-based vaccine gets DCGI approval

THE COUNTRY'S FIRST mRNA-based Omicron-specific booster Covid-19 vaccine from Gennova Biopharmaceuticals received emergency use authorization (EUA) from the Drugs Controller General of India

Karur Vysya Bank to focus on retail, agri & commercial loans in FY24

PRIVATE SECTOR LENDER Karur Vysya Bank said it will be focusing on commercial, retail and agriculture sectors followed by corporate banking to register over 14% credit growth for FY24

New WhatsApp feature to combat spam calls

IN A BID to address the rising issue of spam calls and enhance user privacy, WhatsApp on Tuesday introduced a new feature called \"Silence Unknown Callers\"

Pick up sovereign gold bonds now

Price has been set at ₹5,926 per gm, lower than the May highs

Hyundai raises 2030 EV sales target

HYUNDAI MOTOR CO said it will sell 2 million electric vehicles annually by 2030, raising its forecast from 1.87 million a year ago, as demand for clean-energy cars continues to surge

Biden's son agrees to plead guilty on two tax charges

US PRESIDENT JOE Biden's son Hunter Biden has agreed to plead guilty to two charges of willfully failing to pay income taxes in a deal with the Justice Department, documents on according to court Tuesday

Kremlin says confident of China-Russia relations

Says Beijing has right to forge ties with other countries

Circular on settlement with wilful defaulters not new: RBI

THE RESERVE BANK of India on Tuesday clarified that its June 8 circular on banks' compromise settlements and technical write-offs is not new and has been the settled regulatory stance for more than 15 years, according to a notification

Institutional play, higher risk appetite spur SME listings

THE SENTIMENT REGARDING small and medium enterprises in the market remains positive and listings this year for the category are poised to surpass the 2022 numbers

Adani unit on track to finish Mumbai project

ADANI TRANSMISSION (ATL), Adani Group's electrical power transmission company, is on track to complete the high voltage direct current (HVDC) project in Mumbai, as it expects all approvals by September

Nilekani donates ₹315 crore to alma mater IIT Bombay

INFOSYS CO-FOUNDER NANDAN Nilekani on Tuesday donated ₹315 crore to his alma mater, the Indian Institute of Technology, Bombay. With this, his overall contribution has gone up to ₹400 crore, as he had earlier donated ₹85 crore

Expedite equipment testing norms rollout: STL's Agarwal

Telcos want govt to extend the July 1 deadline, again

Zero tolerance on spurious medicines, says Mandaviya

ASSERTING THAT INDIA follows a zero-tolerance policy on spurious medicines, Union health minister Mansukh Mandaviya has said 71 companies have been issued show-cause notices following concerns raised in some quarters about reported deaths due to contaminated India-made cough syrups and 18 of them have been asked to shut shop

Modi to meet Musk, Nobel laureates, celebrities in US

PRIME MINISTER NARENDRA Modi is expected to be joined by several prominent celebrities, including Hollywood actor Richard Gere, for the Yoga Day celebrations in New York, along with permanent representatives of countries based at the UN, sources said

Export turnaround may take longer than expected: Analysts

Outbound shipments of goods likely to contract this fiscal