CATEGORIES

Legacy or modernity? Royal debate over Air India's Maharaja

AIR INDIA ON Thursday unveiled its new look, complete with a fresh logo, colour palette and aircraft livery, signaling a major transformation in both its image and operations.

Alto sales now in the slow lane

MARUTI SUZUKI'S ENTRYLEVEL hatchback car, Alto, has cumulatively sold 4.5 million units in 23 years-it was launched in 2000-making it the country's largest-selling car. But sales are now dropping.

APSEZ appoints MSKA after Deloitte resigns

Transactions flagged by Deloitte included engineering, procurement and construction purchase contracts with subsidiary of a party identified in Hindenburg report

West switches off location for IT business in India

Looks beyond metros too at smaller firms

Offices refuse to raise toast to Haryana liquor policy

Zero response to new rules allowing serving of alcohol

Govt loads up on Russian dirty fuel with crude supply cuts

THE GOVERNMENT IS poised to buy the most amount of dirty fuels from Russia in years, as a slump in crude flows from the key producer and looming refinery maintenance threaten supplies.

Relax criteria for startups to avail tax benefits: Panel

PARLIAMENTARY STANDING COMMITTEE for commerce has recommended relaxation in the criteria for startups to claim benefits under the Income Tax Act.

CHINA DEFLATION: WHAT LIES AHEAD

China reported \"deflation\" in July. Marquee business dailies in the West have termed this as a \"warning sign for the global economy\". We explain how this could compound the task of monetary policy managers, and twist the narratives so far on global growth and financial stability across nations

UAE, Iraq regain share in India's oil basket

THE UNITED ARAB Emirates and Iraq have started regaining their share in India's oil import basket as the world's largest oil exporters Saudi Arabia and Russia plan to keep their production low to boost the prices. Russia, however, still holds 42% of the overall share.

5G smartphone market grows 30% in January-June

EVEN AS THE overall smartphone market in India declined by 13% in the first half of 2023, the 5G smartphone market grew 30% year-on-year (YoY), dominated by the likes of Samsung, Apple, and OnePlus, according to market analyst firm CMR.

Demerger to sharpen ITC capital allocation: Puri

ITC CHAIRMAN SANJIV Puri on Friday said the proposed demerger of its hotel business will sharpen capital allocation and improve asset efficiency ratios for the diversified conglomerate.

Large deals prop up IT firms' utilisation

IMPROVES TALENT DEPLOYMENT

NARCL plan for Srei firms gets NCLT nod

THE KOLKATA BENCH of the National Company Law Tribunal (NCLT) on Friday approved the resolution plan of state-backed National Asset Reconstruction Company (NARCL) for two insolvent Srei companies under the corporate insolvency resolution process (CIRP).

Amazon warns workers to come back to office

AMAZON IS CRACKING down on US workers who have ignored its return-to-office guidelines, in the latest example of companies attempting to reduce the amount of time employees work remotely.

Bank loans plunge to 14-year low in China

ECONOMIC RECOVERY WORSENS | New loans reached 345.9-bn yuan in July, the central bank said

Nice urban SUV, but how urbane?

CAR REVIEW: CITROËN C3 AIRCROSS | The C3 Aircross gets many things right good handling, punchy engine, space for a big family - but the cabin looks dated, boring

Co-branded credit cards are a smart choice

SAVE AS YOU SPEND | Select a card that has least capping towards earning reward benefits

Private banks drag indices even as PSU lenders gain

BENCHMARKS CONTINUE SLIDE AMID SELLING PRESSURE

Airtel well capitalised to fund investment needs, says Mittal

BHARTI AIRTEL, THE country's second-largest telecom operator, is well capitalised to fund its future investment needs through internal accruals, its chairman Sunil Bharti Mittal said in the company's annual report of FY23. Mittal's statement is crucial at a time when the telecom operator is increasing its capital expenditure to rollout 5G networks.

Subway takes away free cheese slice option on price pressures

INFLATION WEIGHS ON GLOBAL RESTAURANT CHAINS

EVs power BMW's march over Mercedes in July

ELECTRIC CARS HAVE led the charge for BMW in July to go ahead of arch-rival and unchallenged market leader Mercedes-Benz in monthly retail number for the first time in several years.

TCS, Infy move beyond US for big BFSI deals

US BANKING SECTOR IN STRESS

Kharif sowing just above year-ago level; paddy area up 4.7%

WITH JUST A fortnight left for completion of sowing, the area under kharif crops was just above last year's level as on Friday. So far, 97.9 million hectare (MH) has been covered under the kharif crops, which is 90% of the normal sown area, recording a rise of 0.75% on year, while a week ago it was up 0.41%.

Direct tax receipts jump 17% YoY

₹5.84 trn collected till Aug 10 | Growth higher than 9.4% projected for FY24

Govt to offload 0.3 MT onion in open mkt

TO CURB PRICE rise, the government on Friday announced sale of 0.3 million tonne (MT) of onion in the open market from its buffer stock. \"We will release onions from the buffer stock immediately through open auction,\" Rohit Kumar Singh, secretary, department of consumer affairs told FE.

Parliament passes Bill for 28% GST on online gaming

BOTH HOUSES OF Parliament on Friday passed the amendments to the Goods and Services Tax (GST) laws, without a debate, to impose 28% GST on full face value in online money gaming and casino and horse racing from October 1.

Stronger IMF to aid nations in debt distress: Das

CEA Nageswaran urges central banks to converse more

Major headway in G20 under India's presidency: FM

INDIA'S G20 PRESIDENCY has made considerable progress in addressing challenges such as debt vulnerabilities in low and middle-income countries, Union finance minister Nirmala Sitharaman said on Friday.

Industrial output growth at 3-month low of 3.7% in June

GOVT CAPEX SEEN TO IMPART MOMENTUM | The June expansion was sharply lower than May's reading of 5.2%

'We will keep on increasing our policy ticket size'

SIDDHARTHA MOHANTY, CHAIRMAN, LIC