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Hyundai to acquire GM's Talegaon plant

Hyundai Motor India moves to acquire GM's Talegaon plant

India to set up AIIMS-like institutes to train nurses

India aims to establish a nursing health cadre to supply skilled nurses to the world, capitalizing on the country's reputation as a source of top-quality healthcare professionals.

Costlier food keeps CPI inflation above 6% for 2nd month

Retail inflation stayed above the Reserve Bank of India’s upper tolerance level of 6% for the second consecutive month in February on costlier cereals, milk and spices, putting pressure on the central bank to raise interest rates further.

US crisis continues to weigh on stocks

Indian stocks extend losses as risk of banking contagion looms

Why women need to support each other

Women supporting each other at work is not just a feel-good idea; it is a crucial component of our collective success.

Remove the value cap on exports by courier for an SME trade boom

India's denial of speedy air-freight services to exports worth over 15 lakh has restricted the export prospects of Indian SMEs

The US should promote globalization of labour

Letting in workers from overseas could relieve America's labour shortage and calm anxieties over inflation, interest rates and bank failures that have kept the world of finance on edge

New fund houses galore: Should you make the investment or skip?

Brokerages, portfolio management service firms and fintechs have ventured into the mutual funds space

WHY INDIA'S KNITWEAR CAPITAL IS IN DOLDRUMS

Tiruppur is being weighed down by multiple challenges. Will the latest crisis force the industry to change?

Volkswagen joins global e-car price war

German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.

Oil giant Saudi Aramco makes historic $161 bn profit in 2022

The monster profit by the firm came off the back of energy prices rising after Russia launched war on Ukraine

To fill PUBG void, local studios set to launch own titles

As the Indian government banned the mobile game Player-Unknown's Battlegrounds Mobile (PUBG Mobile) in 2020, Pune-based SuperGaming got to work on a similar game called Indus Battle Royale.

Crypto exchanges may face heat of PMLA rule

Exchanges will have to monitor transactions, raising compliance burden

Lenders lower rates as home loan growth dips

Bankers expect the new rates will help boost home loan growth

Govt to block HZL plan for Vedanta zinc assets

Majority of minority shareholders must approve deal; govt holds 29.5% in HZL

Adani repays $2.65 bn debt, releases Ambuja Cements share pledge

Billionaire Gautam Adani has fully repaid $2.15 billion of margin-linked, share-backed funding before its target 31 March deadline, the company said on Sunday. Additionally, Adani also prepaid a $500 million loan facility for acquiring Ambuja Cements Ltd, taking the total prepayment by the Adani family to $2.65 billion.

Ray of hope for steel, aluminium

Steel and aluminium producers continue to be plagued by subdued demand conditions that have resulted in lower price realizations.

No bailout, says Yellen

US treasury secretary Janet Yellen on Sunday said she was working closely with banking regulators to respond to the collapse of Silicon Valley Bank and protect depositors, but a major bailout was not being considered.

Blackstone to sell stake in Sona Comstar for $640 mn

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings Ltd (Sona Comstar) for $640 million, two people aware of the deal said. The sale of shares through block deals is expected to close on Monday.

Adani to halt some investments, focus on current projects

The Adani group has told domestic lenders that it will pause some of its proposed investments, especially those without funding commitments, and focus on the ones where work has already started, said two people aware of the development.

Banks offer lifeline to SVB-hit startups

Lenders have set up teams to assist startups in moving funds

Saudi Arabia, Iran restore relations in deal brokered by China

Accord marks diplomatic victory for Beijing in a region where U.S. has long dominated geopolitics.

IIP grows by 5.2% in January, consumer durables shrink

Industrial output expanded for third straight month in Jan, growth was highest since June

'India has 25% of the world's weddings'

Timothy Chi, global chief executive of The Knot Worldwide said one in every four weddings worldwide happens in India and with Indians raising their spends on weddings, companies like his are very bullish on this market.

NaBFID looks for HR help to hire more staff

Applications need to be shortlisted for mid- and junior-level positions

Coal stocks critical at rail-fed stations, NTPC seeks rejig

India’s largest power producer NTPC wants the government to take a relook at the coal allocation matrix in the country to prevent any sharp depletion in fuel stocks at generating stations, especially during high-demand months.

Xi gets 3rd term as China's president, extends rule

Breaks with a tradition under which Chinese leaders handed over power once a decade

CCI to soon crack down on corporate profiteers

More than a hundred orders against companies which have allegedly profiteered by withholding goods and services tax (GST) benefits from consumers will be issued once the watchdog gets to full strength, two people familiar with the matter said.

Tata Tech to go public, first for group firm in nearly 20 years

Tata Motors owns a 74.69% stake in the company, while Alpha TC Holdings and Tata Capital Growth Fund I have a 7.26% and 3.63% stake, respectively.

Meta plans social media platform to challenge Twitter

Meta Platforms Inc is exploring launch a new social plans to media app in its bid to displace Twitter as the world's \"digital town square\".