CATEGORIES

Julius Baer plans AIFs in India growth push

SWISS PRIVATE BANK Julius Baer's Indian arm is planning to launch alternative investment funds (AIFs) as part of its growth strategy

Govt pushes ONDC as UPI equivalent of e-commerce, industry perplexed

Some players like Flipkart and Zomato are trying to set up step down subsidiaries to join the government-backed Open Network for Digital Commerce (ONDC), but some other big ones such as Amazon and Swiggy have chosen to stay away so far

Erdogan takes initial lead in Turkey polls

EARLY RESULTS FROM Turkey's presidential election on Sunday showed President Tayyip Erdogan well ahead with 59.47% of votes compared to opposition rival Kemal Kilicdaroglu with 34.79%, although the gap was expected to narrow as more votes are counted

Speed not the only differentiator in electric age: Mercedes-AMG CTO

In the electric age, not speed but overall driving performance will differentiate sports cars from family cars

Building up muscle

With its brand revamp, Protinex aims to grow adult health food space

Godrej Consumer: Expect double-digit sales growth

Improved margin outlook is driven by lower input costs

Silver ETFs shine, AUM at ₹1,800 cr

SILVER EXCHANGE-TRADED funds (ETFs) are gradually gaining popularity as an asset class among investors

Green hydrogen on demand, on site

This energy startup has raised $2.4 million in a pre-Series A round

InGovern wants board overhaul at Hikal

PROXY ADVISORY FIRM InGovern Research Services has raised corporate governance issues at Hikal, a firm embroiled in a bitter promoter battle, asking for a board overhaul and roping in a new professional CEO

Housing, infra push drives new players into paints segment

The Fevicol-maker has made a decent start, taking the name \"Haisha\" from a popular Fevicol ad campaign of the 1990s titled, \"Dum laga ke haisha\" (pull it with force)

Cereal inflation expected to soften on robust stocks of govt agencies

Procurement of wheat by FCI, states up 43% on year

NHAI's debt service cost to cross ₹50,000 crore in FY28

To return to the current level of 20.5% of budgetary outlay

BSNL struggles as Jio, Airtel expand broadband footprint

STATE-OWNED BHARAT Sanchar Nigam (BSNL) which was once the leader in the home broadband and wireline segments has now been struggling to retain its market share as both Jio and Airtel are aggressively expanding their footprint

Karnataka DGP Sood appointed as CBI chief, gets two-year tenure

THE HIGH-POWERED selection committee headed by Prime Minister Narendra Modi has appointed Karnataka DGP Praveen Sood as Director of the Central Bureau of Investigation (CBI) for a period of two years

Karnataka: Congress MLAS authorise Kharge to pick CM

NEWLY-ELECTED CONGRESS MLAs in Karnataka on Sunday authorised party president Mallikarjun Kharge to pick the next chief minister, with the leadership battle heating up between Siddaramaiah and DK Shivakumar the frontrunners for the coveted post

CIL readies 52 projects for 1 bn tonne output by FY26

Aims to quadruple underground output to 100 MT by FY28

CPSES' purchases from MSES steadily rising

Goods worth ₹61K cr purchased from these units in FY23

GST dept to get access to banking transactions

GOODS AND SERVICES Tax authorities are seeking near realtime access to banking transactions of the taxpayers, as a means to detect fake invoices and excess use of input tax credit (ITC) by sections of businesses

Land parcels sell out quickly

Prices increase up to 200% in tier-1 cities

Trai to probe all past tariff plans too

Vodafone Idea's 4G plans also under scrutiny

Yellen hopes US regulators will okay mergers in midsize banks

THE CURRENT BANKING environment and pressures on earnings of some US regional banks may lead to some concentration in the sector, and regulators will likely be open to such mergers, US treasury secretary Janet Yellen has said.

Supremacy or democracy?

The rapid descent into religion-based politics was witnessed in the just-concluded elections in Karnataka. A reference to the Bajrang Dal, a strong-arm political outfit that indulges in hate speech and often violence, was twisted as a reference to Bajrang Bali (devotees of Lord Hanuman)

Veteran's day

Following his military stint, South Korea's Seung-Yul Noh is back to playing quality golf

Towards a passwordless future

The world seems to be moving in the direction of passwordless authentication

CONTESTS BEYOND SPORTS

Sporting spats on and off the field are nothing new

IndianOil commences dispensing CNG, PNG connections

STATE-OWNED INDIANOIL commenced dispensing of CNG and PNG (piped natural gas) connections to residential units and the company has set a target of providing 1.50 crore connections across the country, a top official has said.

TVS Motor plans capex of up to ₹1k cr for FY24

TVS MOTOR COMPANY has said it will have a capex of ₹900 crore to ₹1,000 crore for FY24 for the development of electric and internal combustion engine (ICE) vehicles which will be rolled out during the financial year.

C-PACE to simplify removal of names of companies from register, says MCA

THE MINISTRY OF corporate affairs (MCA) has set up the Centre for Processing Accelerated Corporate Exit (C-PACE) that is expected to provide timely and process-bound striking-off of companies from the MCA register.

SCO members adopt India's proposal for digital public infrastructure

THE SHANGHAI COOPERATION Organisation (SCO) on Saturday adopted India's proposal to support the development and adoption of the country's digital public infrastructure (DPI).

Expect RBI to hold repo rate at 6.5%: SBI report

THE RESERVE BANK of India (RBI) will likely move for one more pause in the upcoming June Monetary Policy Committee (MPC) meeting, as India's consumer price inflation (CPI) moderated to almost 18-month low of 4.70% in April, due to a sharp deceleration in fuel inflation, SBI Research's Ecowrap report said.