CATEGORIES

Tube Investments outlays ₹400 cr capex for EV biz

THE MURUGAPPA GROUP company Tube Investments of India (TII) has lined up a separate capex of ₹300 crore to ₹400 crore for FY24 for EV product development and building of manufacturing plants.

Meta board advises shareholders to vote against proposal

HUMAN RIGHTS IMPACT IN INDIA

Neuralink gets FDA nod for human tests

NEURALINK, ELON MUSK'S brain-implant company, said it received approval from the US Food and Drug Administration (FDA) to conduct human clinical trials.

Imran Khan faces 'end of the road' as Pakistan army cracks down

THOUSANDS OF PTI SUPPORTERS HELD, TOP LEADERS QUIT | Military looking to cut Khan's PTI down ahead of elections

The road to stars goes via Uttarakhand

TRAVEL TO INDIA'S FIRST ASTRO-VILLAGE | Benital, a hamlet near Karnaprayag, is so far from artificial light that the only light you can see here comes from light years away

Ways to manage your finances & avoid falling into a debt trap

LIVING WITHIN YOUR MEANS | Create an emergency fund and buy health and life insurance

PR Sundar settles case with Sebi, to disgorge ₹6 crore

Options trader, two accused agree on ₹46.8L as settlement dues

Sensex could touch 100k in 5 years: Wood

THE SENSEX COULD touch 100,000 in five years assuming a 15% EPS growth and a five-year average one-year forward PE multiple of 19.8x, according to Christopher Wood, global head of equity strategy at Jefferies.

Vedanta's promoters can't dispose of shares: Lender

THE PROMOTERS OF mining major Vedanta, a subsidiary of London-headquartered Vedanta Resources (VRL), car not sell or dispose of their shares in the Indian company due to a charge created earlier.

Reliance Retail brings Alan's Bugles to India

PARTNERSHIP WITH GENERAL MILLS |  Will take on PepsiCo, ITC, Balaji Wafers

Go First lessors move Delhi HC, want their leased aircraft back

Say IRP cannot take over third party assets

Jet revival: NCLAT gives JKC more time to clear SBI dues

DEADLINE TO MAKE FIRST TRANCHE OF PAYMENT WAS MAY 15 | Directs lenders not to invoke bank guarantees

PLI scheme for basic chemicals

EXPRESSING CONFIDENCE IN India's pharmaceutical sector's potential to meet global healthcare needs, chemicals and fertilisers minister Mansukh Mandaviya on Friday said a production-linked incentive (PLI) scheme is being planned for basic chemicals.

Germany's recession may hit exports from India

WITH THE GERMAN economy contracting for two consecutive quarters, India's exports from sectors such as apparel, footwear and leather goods to the European Union nation are likely to be impacted adversely, according to exporters.

INDIA & THE CAPE TOWN CONVENTION

The Go First insolvency matter has aircraft lessors worried about repossessing the planes they had leased to the airline, thanks to the company assets getting protection from seizure under the IBC. But, with signs that India would ratify the Cape Town Convention, lessors should feel reassured. Rohit Vaid explains what the convention is

Finmin: Recover loans from states on time

DIRECTIVE TO CENTRAL MINISTRIES | Ministry pushes for enforcement of fiscal discipline

Fundraise talks have gathered pace: Voda Idea

VODAFONE IDEA'S DISCUSSIONS with investors and banks for raising funds have gathered pace in the last one month, CEO Akshaya Moondra said on Friday.

India's imports of Russian oil in troubled waters

MAJOR MARITIME SERVICES COMPANY DROPS 21 GATIK VESSELS

NHAI takes monetisation fast track

Raises FY24 target to ₹60,000 crore

IMD sticks to normal rains forecast

90% chances of El Nino conditions developing in July

REMITS CASE BACK TO NCLT - NCLAT relief for Zee, Sony merger deal

Sets aside order directing BSE, NSE to review approval

Global distressed funds go big on Indian realty

LACK OF CREDIT FOR PROPERTY DEVELOPERS

Chinese hackers spying on US infrastructure, says Microsoft

Telecom, transport hubs targeted, say intel agencies

Nvidia close to becoming first trillion-dollar chip company

Stock hits record high following stellar forecast

India-US bond yield spread near 14-yr low; may widen

THE SPREAD BETWEEN the Indian and US 10-year bond yields dropped to its lowest level in nearly 14 years, but it cannot remain this low for too long and could reverse over the coming weeks, analysts said on Thursday.

Account aggregator adoption picks up

THE ACCOUNT AGGREGATORS (AA) ecosystem is seeing increased adoption from various financial services players, and lenders including banks and non-banking finance companies (NBFCs) have disbursed ₹6,000 crore of loans through AAbased underwriting, according to a report published on Thursday by Kotak Institutional Equities.

ITC touches another all-time high, buoys market sentiment

THE ITC STOCK brought cheer to investors on Thursday, touching a new all-time high of ₹442.50 in intra-day trade.

Irdai planning UPI-like moment for insurance sector, says Panda

THE INSURANCE REGULATOR is working to create a UPI-like moment for the insurance sector through the Bima trinity, consisting of the Bima Sugam portal, Bima Vistaar product and a women-centric Bima Vaahak agent force.

Wipro merges govt business with IT services

WIPRO MERGED ITS ISRE (Indian business from staterun enterprises) sector with its broader IT Services segment after revenue in the same segment fell by 20.18% in FY23.In a filing by the company, the revenue reduction was caused by the completion, closure, or ramping down of longer big government contracts.

Demand growth will moderate in FY24: Tata Motors

PASSENGER VEHICLE DEMAND growth will moderate in FY24 to mid-single digit compared to FY23, but will still be enough for manufacturers to make the most of the opportunity, according to Tata Motors.