CATEGORIES

Jio in talks to raise about $1.6 billion

Banks involved in talks include HSBC, Citigroup and JPMorgan Chase

One-time settlement norms may delay recovery: Report

THE TIMELINE FOR recovery of assets is likely to be delayed by three-to-four quarters due to the implementation of the Reserve Bank of India (RBI)'s one-time settlement norms, a report by India Ratings and Research showed.

Insolvency, data protection Bills on monsoon session agenda

Parliament session likely between July 17 and August 11

India, US will demonstrate 'democracies deliver': PM

Without naming China, PM flags 'dark clouds of coercion'

Rethink exit, Byju's urges investors

GOVT SAID TO HAVE ORDERED PROBE INTO STARTUP

BPCL to raise ₹17k cr to fuel net-zero plans

IOC to follow suit with rights issue, HPCL may opt for preferential allotment

India, US to end 6 WTO disputes

STEEL AND ALUMINIUM product exports from India to the US will be exempt from additional duties, while India will remove retaliatory tariffs on a slew of goods, as both countries have decided to terminate six disputes at the World Trade Organisation (WTO), commerce and industry minister Piyush Goyal said on Friday.

Next from Micron: Chip-making plant

6 more fabs in a year; first made-in-India chip by Dec 2024

Russia dissociates itself from G20 tourism meet outcome

RUSSIA HAS DISSOCIATED itself from the G20 Tourism ministerial meeting's outcome document owing to two paragraphs that mention and \"deplore\" the war in Ukraine and also call the use or threat of use of nuclear weapons as \"inadmissible\".

Eros barred from securities market

Promoters and CEO are also barred for misreporting financials and siphoning off funds

New investor lineup shows strong interest: Shriram Fin

Chennai-based NBFC major Shriram Finance on Thursday said the exits of Piramal Enterprises and TPG are on the expected lines, and what is important is new investors who have come in are equally noteworthy entities, signalling a strong institutional interest in the company.

Warren Buffett's charitable giving tops $51 billion

WARREN BUFFETT HAS donated another $4.64 billion of Berkshire Hathaway stock to five charities, boosting his total giving since 2006 to more than $51 billion.

Carbon Resources plans to sign new binding deal

In the latest twist to McLeod Russel saga, Carbon Resources is now planning to sign a new binding deal with the debt-laden tea maker by next week to acquire as many as 15 tea gardens.

Android to iOS switch takes only 2 hours, no barriers involved: ICEA

Contrary to the perception by a majority of smartphone users that shifting from mobile phones which operate on the Android platform to Apple‘s iOS and vice versa is difficult in terms of data transfer and costs may be attached, a study by India Cellular and  Electronics Association (ICEA) said the same can be done at minimal cost without any barriers.

Reliance Power arm's lenders to restart resolution process

The lenders to Vidarbha Industries Power (VIPL), a subsidiary of Reliance Power, have initiated a process to restart the company’s resolution process, with the advisor now readying to invite fresh bids. SBI Caps, the newly-appointed advisor, will now invite bids for the sale or One Time Settlement (OTS) of VIPL debt.

Tesla's entry will be good for industry growth: Mercedes

LUXURY CAR MAKER, Mercedes-Benz India on Thursday welcomed Elon Musk's statement that Tesla will enter the Indian market, stating that competition is good for the sector as it will add to industry's growth.

Edible oil imports hit local units, tariff hike sought

Imports increase 18% during Nov 2022-May 2023

Paris Summit: FM discusses G20 steps to bolster MDBs

Sitharaman is in Paris to attend the Summit for the New Global Financing Pact aimed at discussing various ways to enhance financial solidarity with countries in the Global South

Starlink entry may trigger satcom price wars

FIERCE COMPETITION WITH JIO & BHARTI ALSO LIKELY

Bajaj Chetak shifts gear to bridge gap with competitors

THREE YEARS AFTER making its debut in the electric two-wheeler space, Bajaj Auto is cranking up its play in the segment, where its rivals have taken a firm lead, amid fears of the government withdrawing incentives.

NHAI to take SPV route to borrow ₹60,000 crore

The National Highways Authority of India (NHAI) is planning to float four special purpose vehicles for as many under-construction expressways, and raise a combined debt of ₹60,000 crore to finance these projects.

Fitch raises forecast for GDP to 6.3%

CITING STRONGER OUT-TURN in the January-March quarter and near-term momentum, Fitch on Thursday revised its forecast of India's economic growth in 2023-24 to 6.3%, from 6% predicted in March.

India-US ties take jet speed

Armed drones, chips and NASA-Isro space mission on the table

Be Your Own Boss With ChatGPT

Here's how you can turn entrepreneur with OpenAI's chatbot

Use power of yoga to build bridges of friendship: Modi

CALLING FOR THE use of \"the power of yoga to build bridges of friendship, a peaceful world and a cleaner, greener sustainable future\", Prime Minister Narendra Modi led a historic Yoga Day event at the United Nations headquarters in New York Wednesday, saying yoga is \"truly universal\" and \"free from copyrights and patents\".

Sebi prescribes valuation norms for AIFS

Valuation of securities which are not covered above, will be carried out as pervaluation guidelines endorsed by any AIF industry association, which in terms of membership represents at least 33% of the number of Sebi registered AIFS.

Download Instagram stories in just a click

Famium's tool is free, easy to use, and respects your privacy

SoftBank's Son in 'offence mode' to cement tech legacy

When your grandkids are our age, I believe they will be living in a reality where the computer is 10,000 times smarter than the sum of all human wisdom.\"

Powell for higher Fed interest rates to curb inflation

FEDERAL RESERVE CHAIR Jerome Powell said policymakers expect interest rates will need to move higher to reduce US growth to below its long-term trend and contain price pressures, with the timing of additional increases based on incoming data.

Biden calls Xi a dictator, China says comments provocative

Xi, who met Blinken recently, is yet to reply to Biden's comments