CATEGORIES

V3 portal glitches continue, users seek leeway till June 30

Company secretaries' body writes to corporate affairs ministry

Medicines for rare diseases exempt from Customs duty

Centre issues waiver to offer substantial cost savings for those in need of such treatments; pembrolizumab (Keytruda) used in treatment of various cancers also gets the same concession.

No new incentive scheme likely in today's revised trade policy

Easing of procedures, coordinated govt support to be key steps

Unacademy fires employees 4th time in 12 months

Unacademy has announced that it is reducing its workforce by 12 per cent, as a result of which, 380 employees have been asked to leave.

Govt inks ₹20K-cr contracts with Indian shipyards

The delivery of the ships is scheduled to commence from September 2026, it said.

Nestle eyes Capital Foods in $1-bn deal

Talks in advanced stages with Ching's Secret owner

RIL meet on May 2 for fin services demerger

To issue one share of demerged firm for every one share held in RIL

Life insurers' distribution cost may rise

INTERMEDIARIES MAY ASK FOR HIGHER COMMISSIONS

Alibaba boosts China's tech gains

ALIBABA GROUP HOLDING massive overhaul plan boosted Chinese tech stocks, with investors betting the sector is in for an overdue revaluation as the regulatory environment improves.

Apple launches K-Pop offensive in arch-rival Samsung's home turf

APPLE HAS ENLISTED K-pop girl band NewJeans to woo users in South Korea - the home ground of archrival Samsung Electronics Co. - as the world's most valuable company bets on a post-Covid global rebound in spending.

EU to identify gaps in sanctions regime against Russia

THE EUROPEAN UNION is planning to launch a project with nine-member states to identify gaps in the sanctions regime against Russia and to improve coordination between national authorities when enforcing penalties, EU officials said.

REBUILDING THE BANK AFTER GLOBAL FINANCIAL CRISIS: Ermotti returns as UBS CEO to steer Credit Suisse takeover

He is being credited with executing UBS's turnaround aftera series of scandals

The US is paying the price for being overbanked

Canada has fewer banks than the state of North Dakota

Deepening water stress

The govt’s attempts so far to contain the crisis have been far from adequate

Fixing corruption systemically

DEEP CLEANING: DEALING WITH CORRUPTION IS ALSO ABOUT CONFRONTING PERVERSE INCENTIVES, SILLY LAWS, OBTUSE REGULATIONS, POSITIVE ENCOURAGEMENT FOR RENT-SEEKING BEHAVIOURS AND MORE

Good Glamm Group, Akshay Kumar form JV to launch men's personal care products

BOLLYWOOD ACTOR AKSHAY Kumar has joined hands with DTC beauty and personal care conglomerate Good Glamm Group to roll out personal care and wellness products for men in the next six months. The newly formed joint venture (JV) marks the entry of Good Glamm Group into the men's care category.

Anil Agarwal struggles to make Vedanta a 'zero debt company'

AT A RECENT conclave, Anil Agarwal, the chairman of London-headquartered Vedanta Resources (VRL), said he had never defaulted on debt repayments \"ever\". However, the industrialist, who expects to earn $10 billion from group companies next year, is racing against time to make VRL a \"zero debt company\".

US slashes visitors visa wait time for Indians

THE WAIT TIME for a US visitor's visa interview in India has been reduced by 60% this year, a senior official has said, attributing it to the slew of measures taken by the Biden administration, including opening more diplomatic missions in India and abroad to process these applications.

Karnataka election on May 10, results three days later

THE KARNATAKA ASSEMBLY elections will be held in a single phase on May 10, followed by the counting of votes on May 13, the Election Commission (EC) announced on Wednesday.

Covid cases in India climb to 5 month high

INDIA RECORDED A single-day rise of 2,151 new coronavirus cases, the highest in five months, while the active cases increased to 11,903, according to the Union health ministry data updated on Wednesday.

Honda 2-wheeler forays into EV; dedicated unit at Karnataka plant

MARKING ITS FORAY into the two-wheeler electric vehicle space, major Honda Motorcycle and Scooter India (HMSI) on Wednesday said it will establish a specialised manufacturing facility for this purpose, at its Narsapura plant in Karnataka.

No sideloading of apps big relief for both Google and government

THE STRIKING DOWN of the Competition Commission of India's (CCI) order which allowed app developers to distribute their apps through what is called sideloading, instead of going through Google's Play Store, is the biggest relief the tech major has got from the National Company Law Appellate Tribunal's (NCLAT) order.

Zee settles feud with Indusind, gets closer to Sony merger

The lender would withdraw insolvency proceedings

Economy likely to grow at 6.5% in next decade: CEA

THE INDIAN ECONOMY is likely to grow at the rate of 6.5% in the coming decade on the back of the turnaround in financial and investment cycle, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday.

LOW REDEMPTIONS CURB BORROWING SIZE Centre to raise ₹8.9 trn from market in first half of FY24

Sovereign green bonds to be issued in the second half

ALLEGE MISTREATMENT BY MANAGEMENT: AI pilots' union threatens strike

AIR INDIA PILOTS have accused the airline's management of making them work beyond scheduled duty hours, refusing their leave requests, and indulging in verbal threats, forcing their union to explore options, including a labour strike.

Lifelong-led consortium acquires GoMechanic

CAR-SERVICING STARTUP GoMechanic has been acquired by a consortium led by auto component manufacturer and e-commerce firm Lifelong Group, the company said in a statement on Wednesday.

LS clears competition Bill: Penalties to be on global turnover; no 'settlement' for cartels

VIOLATION OF COMPETITION law provisions will require the firms concerned to pay much stiffer penalties and mergers and acquisitions (M&As) in the big tech space will have an increased chance of being regulated by the Competition Commission of India (CCI), thanks to changes to the relevant laws approved by the Lok Sabha on Wednesday.

NCLAT upholds penalty for Google

Sets aside 4 other CCI directions against the tech giant

SEBI MANDATES MORE DISCLOSURES: ASBA-like facility for secondary trades

End to permanent board seats; PE funds can become MF sponsors