CATEGORIES

Vi extends redemption of OCDs issued to ATC by one year

Through the debentures, Vodafone Idea had offered to settle ₹1,600 cr dues with equipment vendor ATC

CCD gets bankruptcy relief post NCLAT stay

COFFEE DAY GLOBAL, which operates the Cafe Coffee Day (CCD) chain, has been given a temporary relief against bankruptcy proceedings initiated by lender IndusInd Bank last month.

Mukesh Ambani hints at raising more money for Reliance Retail

THE RETAILARM of Reliance Industries (RIL) is seeing interest from marquee global and strategic investors, chairman & MD Mukesh Ambani said at the company's 46th Annual General Meeting (AGM) on Monday However, he stopped short of naming them.

Green energy ambitions may exceed 500 GW: ISA chief

INDIA IS POISED not only to achieve its ambitious target of 500 gigawatts renewable energy capacity by 2030 but also surpass it, driven by an anticipated decline in battery prices by 2025, according to Ajay Mathur, director general of the International Solar Alliance (ISA).

Industry seeks no extension of limits on basmati exports

Procurement for next season likely to be hit if extended

Finmin tells ministries to seek enough funds for H1FY25

BUDGET EXERCISE TO BEGIN NEXT MONTH

58 firms evince interest in ₹17K-cr hardware PLI 2.0

THE GOVERNMENT HAS so far received registration from 58 companies for the ₹17,000-crore IT hardware production-linked incentive (PLI) scheme, Alkesh Kumar Sharma, secretary at the Ministry of Electronics and Information Technology, said on Monday.

Govt may extend free food grain scheme till June 2024

TO COST EXCHEQUER ₹12,500 CRORE FOR SIX MONTHS

Dry August may drag monsoon to weakest in 8 years

THE COUNTRY MAY be heading for its weakest monsoon in eight years after the driest August in nearly a century and a quarter, according to an assessment by the India Meteorological Department (IMD).

100 projects of nearly ₹6trn get green signal under Gati Shakti

THE NETWORK PLANNING Group of the PM Gati Shakti Master Plan has approved 100 projects worth ₹5.89 trillion, a senior official told FE.

Sebi probe: Adani fell short on disclosures

Also flags breaches in offshore fund holdings; SC to hear matter today

Succession plan: Akash, Isha & Anant to join RIL board

Nita Ambani steps down, but to attend meetings as permanent invitee

Blueprint for a New RIL

Ambani lists priority areas: India-specific AI, Jio AirFiber & insurance

FTA: Sunak faces questions over wife's Infy shares

BRITISH PRIME MINISTER Rishi Sunak could face some transparency questions related to wife Akshata Murty's Infosys shares, worth an estimated £500 million, in a proposed free trade agreement (FTA) with India, according to a media report.

Brand Nexa comes into its own

INITIAL YEARS OF SLUGGISHNESS MAKE WAY FOR ROBUST SALES

Isro chief defends name of Moon landing site

ISRO CHAIRMAN S Somanath on Sunday said the space agency has got critical and interesting data from the Chandrayan-3 mission, which would be explained in the coming days.

India's UNSC aspiration legitimate, says BRICS

CALLS RUSSIA-UKRAINE WAR A 'CONFLICT'

Trump raises $7.1 mn since he was booked at Atlanta jail

FORMER PRESIDENT DONALD Trump has raised nearly $20 million in the past three weeks, a period that roughly coincides with his indictment in federal and state cases connected to his false claims that the 2020 election was stolen from him, Trump's campaign spokesman said on Saturday.

3 US marines killed in Australia plane crash

A UNITED STATES Marine Corps aircraft with 23 Marines aboard crashed on a north Australian island Sunday, killing at least three and critically injuring at least five during a multinational training exercise, officials said.

BJP stares at N-E bumps: Internal rifts, chill in alliances, Manipur strife

WITH THE POLITICAL scene heating up ahead of the 2024 Lok Sabha polls, the ruling BJP seems to be facing a turbulent situation in the North-East, one of the brightest feathers in its cap as the party pulled off a series of stunning electoral wins to storm to power in Assam, Tripura, Arunachal Pradesh and Manipur besides emerging as a significant player in Nagaland and other states in the region since 2014.

Nine years after launch, zero-balance Jan Dhan accounts decline to 8%

ZERO-BALANCE BANK accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have declined to just 8% of the total as on August 16, compared to 58% nine years ago, when the scheme was rolled out to provide basic banking facilities to the large unbanked population of the country.

Oil export uptick helps refiners maintain high run rates

WITH DOMESTIC DEMAND for fuels and other petroleum products witnessing a slump due to the monsoon rains, India's refined products exports has witnessed an uptick, helping the country's refiners keep refinery runs high at a time when refining margins are robust globally, shows an analysis of data shared by commodity market analytics and intelligence firm Kpler.

FDI inflows dip 34% to $10.9 bn in Q1

Figure slightly higher than $9.2 bn in Q4FY23

It's pricey, but a sound addition to your home

It fills your room with distortion-free sound. Works great outside too

'India set to become a tech and manufacturing leader'

The chip maker sees local R&D talent as its biggest strength

Playing to win

Mastercard is betting big on its ICC partnership for the men's World Cup

Prefer term plan over mortgage cover

Mortgage insurance is costlier & can't be ported in case of balance transfer

The Nifty signals further weakness

THE NIFTY LOST 0.23% in the previous week to close at 19,265.80 points. On the face of it, less than a quarter percent weekly loss doesn't seem significant, the level at which it closed is important. The close is lower than its 50-day moving average, both simple and exponential. This signals a further weakness.

Margin hope gives hospital, pharma IPOs booster shot

Issues of more than ₹15,000 crore are expected in 2023

India-UK investment treaty likely to be finalised soon

AS INDIA AND the UK inch closer towards finalising a free trade agreement, the contours of the much-debated and contentious bilateral investment treaty are likely to be finalised around the same time as the FTA and will vary significantly from the model BIT, changes for which would require approval of the Cabinet.