CATEGORIES

Akasa to add more planes this fiscal

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.

NTT DATA to boost presence in India

Japanese technology firm NTT DATA aims to strengthen its presence in India, double its growth rate, and leverage the country's role as a global delivery hub to capitalize on its economic growth phase, a company executive has said.

CII seeks reforms in priority lending

Industry body CII (Confederation of Indian Industry) has proposed reforms in India's priority sector lending (PSL) framework, suggesting inclusion of emerging sectors and high-impact industries such as digital infrastructure, green initiatives, healthcare, and innovative manufacturing.

Direct Centre to legally back MSP: Farmer unions urge SC

A parliamentary standing committee has called legal backing for MSP \"essential\"

India could be key SAF producer: lata

India has the potential to be a key producer of sustainable aviation fuel by utilizing its ethanol supplies and availability of lipid feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA (International Air Transport Association).

America's chip war with China will spread

In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology.

Boeing wins $36 billion deal from Turkey

Boeing Co. won an order valued at $36 billion from Pegasus Hava Tasimaciligi AS, in its biggest commitment so far this year that deals a blow to rival Airbus SE, previously the preferred choice for the Turkish low-cost airline.

Nissan needs a Honda rescue. What went so wrong?

Nissan, once a symbol of Japan's carmaking prowess, spent the past five years trying to regain its footing after the arrest of long-time leader Carlos Ghosn, only to find itself in a precarious spot again.

What does Accenture's hiring spree mean for Indian IT cos?

India's $254-bn IT services industry saw its slowest revenue growth of 3.3% last year, but expects a demand recovery

JioStar, ZEE set for SA20 vs ILT20 duel

Cricket fans are set for a high-stakes showdown as South Africa's SA20 and the UAE's International League T20 (ILT20) launch their third season in the same week in January.

Swarovski bets big on lab-grown diamonds

Falling demand in China prompted the firm to focus on markets like India, where it plans to reach 70 stores in a year

Religare backs Saluja amid proxy advisors' ouster call

InGovern, IiAS warned that the Saluja-Burman dispute and litigation could distract the board

Good scope for chip fab in India: Canon

Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India president and CEO Toshiaki Nomura.

'Push manufacturing for GDP growth'

India must push manufacturing, make mining clean and sustainable, simplify regulations, and encourage MSMEs, said CEOs at the Mint roundtable

Damani opposes BAT nominee for chair of VST Industries

Damani's opposition to the essential resolution at VST comes after he sold 3.24% in the past two years

Rate cut can aid govt-led growth: MPC's Kumar

Kumar, one of the six members of MPC, noted that slower growth largely reflected the industrial sector's weakness

IT swings between hope & despair

Global IT giant Accenture's Q1FY25 results surprised with constant currency (CC) revenue growth of 8% year-on-year, beating its 2-6% guidance.

Earnings growth slowdown appears temporary, rebound likely in H2

The expected recovery in capex during the second half should benefit companies linked to this theme Hari Shyamsunder Vice president, Franklin Templeton

WRONG OR EARLY TO SAY BEST OF HOTEL EARNINGS IS BEHIND?

Earnings have not normalized as room rates continued to rise, riding supply crunch

At CES, it is not just about consumer tech any more

Many gadgets have become enterprise tools; big chunk of attendees at last CES were from B2B

Funding momentum slows after stellar week

The five-day period ended 20 December saw funding activity decline to nearly a third of the previous week's high of about $900 million, data collated by VCCircle showed.

A DIRTY GAME FOR VOTES, IN THE NAME OF DR AMBEDKAR

Today, instead of political process, we are seeing monotonous, senseless hate

Centre to infuse ₹500 crore in IFCI

The government has decided to infuse ₹500 crore capital in state-owned IFCI to improve its financial health ahead of the company's proposed restructuring and consolidation into a group.

India, Kuwait elevate ties to strategic partnership during Modi visit

India and Kuwait on Sunday elevated their relationship to a strategic partnership and inked a key pact on forging deeper defence ties as Prime Minister Narendra Modi held extensive talks with the top leaders of the Gulf nation, including Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, on ways to intensify the overall trajectory of bilateral cooperation.

CCPA fines IAS coaching centres

The Central Consumer Protection Authority (CCPA) has fined two IAS coaching centres a total of ₹9 lakh for issuing allegedly misleading advertisements related to the results of the UPSC Civil Services Examination (CSE) 2022, two people said.

UP govt to launch new export policy to push its trade share

The Uttar Pradesh government is working to unveil a new export policy for 2025-30, aiming to significantly enhance the state's contribution to India's overall exports.

Apex auto tester looks to accelerate to the green lane

Automotive Research Association of India to focus on electric and hydrogen powertrains

High prices crimping demand, growth, MPC minutes show

High prices are the cause for demand slowdown in India, and aligning inflation to the central bank's 4% target is key to ensuring sustained economic growth, members of the rate-setting panel said in the minutes of the December meeting.

Adani prompts cement discounts, says report

As rivals protect turf with offers, group firms Ambuja, ACC cut discounts

UltraTech gets nod for 33% in India Cements

The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement's proposal to acquire a majority stake in India Cements.