CATEGORIES

Apple To Testify It Sees No Need To Use Google Alternative

Apple Inc.'s services chief, set to testify in Washington Tuesday, plans to defend the lucrative deal that made Google's search engine the default option on the iPhone, saying it was the best choice for consumers.

Digital Personal Data Protection: Update This Law To The Age Of Al

India should consider revisiting some of its provisions to enable more effective AI operations without compromising privacy

Maruti Suzuki Tops SUV Charts With New Models

Its market share for SUVS in September is close to its FY24 target of 25%

Initial public offerings: Why retail investors should be wary of SMEs

The SME segment has attracted the interest of retail investors but experts say there is reason to be cautious

US calls on Azerbaijan to protect Armenians

At least 19,000 Armenians have left their homes in Nagorno-Karabakh

'Religare to be run by independent board'

Religare is now more than a financial investment, says Mohit Burman

FOCC downstream investments face regulatory hurdles

Foreign-owned and controlled companies (FOCCs) face difficulties in making downstream investments in India due to issues arising from foreign exchange rules. There is an ambiguity in the current rules, which is leading to interpretational issues and in some cases, the Reserve Bank of India (RBI) has taken a more conservative stance impacting the deals, two foreign exchange law experts familiar with the development said. The industry has already submitted multiple representations to RBI seeking clarity on many of these rules.

Search firms scout for AI, digital specialist board members

India’s leading search firms are hunting for board members with expertise in artificial intelligence (AI) and digital transformation to expand their business. Top executive search firms said that companies are not keen on candidates who are relying solely on their association with established boards.

Record demand for sovereign gold bonds despite price rise

Indians purchase 11.67 tonnes of gold bonds worth ₹6,900 crore to hedge against inflation

Steep ticket prices limit reach of major films in small towns

While the Indian film industry is showing signs of recovery, high ticket prices in multiplexes, particularly for big-budget releases such as Jawan, are a point of concern given the possible impact on the movies’ earnings, especially in small towns of north India.

US yields at 2008 levels on interest rate fear

US Treasury yields hit a peak not seen since the early tremors of the 2007-2008 global financial crisis on Tuesday, as fears of interest rates staying high for longer roiled risk assets globally and drove the dollar to a 10-month high.

Emami pines for rural recovery

Emami Ltd’s shares have been flattish in the past year. A key factor that is keeping sentiments muted for the stock is a weak rural demand recovery outlook due to deficient rainfall so far. Emami has vast rural exposure, contributing about 50% to its revenue.

'India to be NetApp's largest market in Asia in next 5 yrs'

Global data management and storage firm NetApp is bullish on India and expects it to soon become the largest market in Asia. In an interview, chief executive George Kurian said the company is betting big on the Indian market’s growth potential despite the macroeconomic headwinds.

Revenue loss still a road block to fuel GST

Petroleum products are unlikely to be brought under the Goods and Services Tax (GST) anytime soon, as doing so can cause states’ fiscal deficit to balloon, while also widening revenue losses for the Centre, two senior government officials told Mint.

Ministry weighs fenced-off highways within easy reach

Vision 2047 programme to include access-controlled highways within 100km of starting point

Govt's GST claims from gaming firms may touch ₹1.5 tn

The Directorate General of GST Intelligence (DGGI) is expected to issue tax demands of as much as ₹1.5 trillion ($18 billion) cumulatively to companies in the online gaming sector for alleged underpayment of taxes over several years, three people aware of the matter said.

Govt, Sebi in favour of fractional shares

Move may lift retail participation, diversify company ownership

How red light therapy can help reduce muscle pain

The treatment uses low wavelength red light to restimulate cellular activity, circulation and ease muscular pain

Our institutes of higher learning can produce a green generation

India's higher education sector must step up as a test bed of tech innovation and behavioural change for a sustainable future

Our chip-making game shows welcome realism

A focus on niche semiconductors is pragmatic in the face of a crowded worldwide race for silicon fabs. Better odds of success are not a guarantee of it, but India is determined to try

Are tax sops enough to make real estate investments appealing?

Rental yields offer better returns than most other investments because of the tax sops offered by the government

WHY LAB DIAMONDS ARE SPARKLING DURING A CRISIS

India with just 9% market share compared to China's 50% is looking for a bigger slice of the lab-grown diamond market

Hollywood writers, studios in tentative deal to end strike

New deal includes several hard-fought victories for the writers including increased royalties

OTTs embrace inclusive content to reach a wider audience

Streaming services are on a path to redefining success, prioritizing content with a broader and more inclusive appeal, instead of relying only on edgy and bold themes, said industry experts.

Fraud tag on small trades: Sebi moves SC

The legal battle over the interpretation of certain fraudulent trade rules has reached the apex court. Market regulator, the Securities and Exchange Board of India (Sebi), has moved the Supreme Court in nearly a dozen cases.

Bank credit hits ₹150 tn on retail, HDFC merger

Outstanding credit in the banking system rose 14.7% year-on-year in July

'Lagos Free Zone in talks with Tata, TVS, Bajaj for investments'

The Lagos Free Zone (LFZ), a privately owned free trade zone in Nigeria, is in talks with Indian conglomerates, including Tatas, TVS and Bajaj, for investments, said Navin Nahata, managing director for fintech and infrastructure at the Singapore-based Tolaram Group, which is the promoter for the trade zone.

Burman family moves to take Religare Enterprises' control

The family placed I an order to buy an additional 5.27% stake in Religare at ₹ 235 per share

MCX set to sever tech ties with its founder 63 Moons

Long-awaited shift to TCS service to make significant cost savings for MCX

JPMorgan move to spotlight govt funds

JP Morgan Chase & Co.'s plan to include Indian government bonds to its emerging markets bond index next year will draw scrutiny from foreign investors on public finances, particularly on efforts to cut the budget deficit.