CATEGORIES

Poaching row: No impact on biz, says Cognizant

AMID EMPLOYEE POACHING allegations levelled by two domestic IT firms, Cognizant India chairman and managing director Rajesh Nambiar said the issue has not impacted the organisation's business and operations.

Avaada eyes ₹15k-cr green energy investment per year

AVAADA GROUP, A renewable energy company, is looking to incur capex of 15,000 crore every year to add to its renewable energy capacity.

Renault calls for discipline in govt norms

RENAULT WANTS INDIA to adhere to its regulatory roadmaps after the French automaker incurred unnecessary engineering costs following the government's decision to not implement a proposal mandating six airbags in cars, the company's country head said.

Refiners to ask for extra Saudi oil after price cut

TWO STATE refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months, company sources said.

Several bright spots amid slowdown in farm exports

SEVERAL RESTRICTIONS IMPOSED on rice exports to improve domestic supplies have adversely impacted India's farm exports in the first eight months of current fiscal.

Vaishnaw flags influence of social media on democracy

FLAGGING CONCERNS REGARDING the \"influence\" that social media platforms can have on democratic processes, Union Minister of Communications, IT and Railways Ashwini Vaishnaw said that while India currently has a regulatory framework that can deal with the issue to an extent, a \"much more comprehensive legal structure\" was needed.

MSME credit demand to stay strong in 2024: Study

THE DEMAND FOR credit from micro, small, and medium (MSME) enterprises will continue this year as such entities look to expand their businesses.

Modi showcases opportunities in sunrise sectors to invitees

PRIME MINISTER NARENDRA Modi on Tuesday urged global investors to tap the opportunities in India's sunrise sectors like semiconductors and green energy, besides the fast-growing areas like automobiles and infrastructure.

A quarter of firms target net-zero goal by 2030: PwC study

A RECENT SURVEY conducted by PwC reveals that nearly 60 out of the 250 surveyed firms in India aim to achieve the goal of net-zero emissions by 2030, and are poised to undertake decarbonisation measures at an accelerated pace.

World Bank retains FY24 and FY25 growth forecast for India

Real GDP expansion seen at 6.3% in FY24, despite NSO’s advance estimate of 7.3%

50% increase in rural jobs outlay

THE GOVERNMENT MAY earmark around ₹90,000 crore for the flagship rural jobs guarantee scheme.

Starbucks plans 1,000 stores by'28

THE WORLD'S largest coffee chain, said on Tuesday that it is planning to more than double its presence in India by operating 1,000 stores by 2028, from 390 outlets in 54 cities now.

Sony merger on track: Zee

Says working on successful closure of the 10-bn deal

Budgeting for polls

Modi considers the poor, youth, women and farmers as biggest castes’. The interim Budget is expected to do its bit for them

Banking: Operating trends likely to continue

Banks may strategise based on loan growth and net interest margins

Dark corners of the web offer a glimpse at the future of AI

WHEN THE LOUISIANA parole board met in October to discuss the potential release of a convicted murderer, it called on a doctor with years of experience in mental health to talk about the inmate.

Rohit & Virat included: Is India batting in the wrong direction ahead of T20 WC?

WITH SIX MONTHS to go for the next T20 World Cup, India are showing signs of drifting away from their T20 blueprint, in place for the past 14 months, by bringing in Rohit Sharma and Virat Kohli back into the fold.

iPhone sales in China fall 30%

APPLE'S IPHONE SALES in China dropped by 30% in the first week of 2024, Jefferies analysts said in a note, adding to signs of growing competitive pressures from domestic rivals such as Huawei for the US tech giant.

China stocks dip to 5-year low

INVESTORS BETTING ON a revival in Chinese stocks in the new year are seeing their resolve tested as the market has deepened its slump in the first few days of trading.

Israel enters a new phase of war in Gaza

THE ISRAELI MILITARY has begun a new and less intense phase of its invasion of Gaza,its chief spokesman said on Monday, after weeks of pressure from the United States and other allies to scale back an offensive that has caused widespread devastation and civilian deaths.

Oppenheimer dominates Golden Globes with five wins

Historical drama Oppenheimer dominated the Golden Globes awards and gothic comedy Poor Things upset summer blockbuster Barbie, as Hollywood threw its biggest party since labour disputes shut down much of show business last year.

Kotak Bank expects commercial banking growth to beat industry

KOTAK MAHINDRA BANK expects its commercial banking business to grow more than industry during the current financial year.

Indices dive 1%, FMCG, financial stocks weigh

Investor wealth sees ₹2.9-trillion erosion

REC plans expansion in logistics, eyes ₹2.5-trillion loans by 2030

PUBLIC SECTOR LENDER REC, in addition to expanding its portfolio in the renewable energy sector, will aim to increase its footprint in the logistics sector by sanctioning loans up to ₹2.5 trillion annually by 2030, chairman and managing director Vivek Kumar Dewangan said on Monday.

'Huge potential for wide-body aircraft'

EXPONENTIAL THE GROWTH of international traffic to and from India has the potential for further induction of wide-body aircraft by domestic airlines, Boeing India president Salil Gupte told FE.

Disney Star pitches U-19 World Cup to advertisers

Ad rates competitive; key tournaments kick off later this month

Ashok Leyland clocks record sales at 198,113 units in 2023

HINDUJA FLAGSHIP COMMERCIAL vehicle major Ashok Leyland (ALL) has clocked its highest-ever sales volume in a calendar year in the history of the company during the year 2023.

Our defence business has taken off in a big way'

The country's largest diversified forging firm, Bharat Forge, wants its defence vertical to become its new core, as it aggressively pursues ambitions in this space.

Fifth team for pricing disputes begins work

Bid to fasten process of reducing transfer pricing disputes

Mustard output set to hit record 13 MT

WITH A RECORD sowing season, mustard seed production is likely to touch an all-time high of 13.14 million tonne (MT) in 2023-24 season, boosting domestic supplies of edible oils.