CATEGORIES

Decline in Adani Group shares amid MSCI review continues

Stocks of some group companies hit 52-week lows

'Minimal' impact on LIC if high value policies are taxed: Kumar

THE BUDGET PROPOSAL to tax income from all non-Ulip products where aggregate insurance premium paid in a year exceeds v5 lakh will have a \"minimal\" impact on Life Insurance Corporation of India, its chairman MR Kumar said on Friday.

Zepto's quick commerce app for farmers launched

E-GROCERY STARTUP Zepto on Friday announced the launch of Zepto Bloom, a quick commerce app for farmers.

CRISIS WORSENS: Moody's cuts Adani arms ratings

Rating agency retains outlook for four group companies

Adani Group hires US legal firm to fight short-seller

THE ADANI GROUP has hired US legal firm Wachtell Lipton to take on USbased Hindenburg Research, reported Financial Times.

No EPFO exposure to Adani Group

Fund manager’s total investments at ₹11 trn as of March 2022

Budget is 'pro-poor', balances growth with fiscal prudence: FM

Says govt measures aided in curbing retail inflation

Govt to veto HZL plan to buy Vedanta zinc assets at AGM

CENTRE FEELS RELATED PARTY DEAL COULD HIT RESIDUAL STAKE SALE

Srei twist: Fresh offer from ex-promoters

IN A NEW development in the insolvency proceedings of two Srei companies, erstwhile promoters Kanorias have put forward a fresh settlement offer to the creditors.

IIP zigzags, grows 4.3% in Dec on weak base

GIVING MIXED SIGNALS on the demand in the economy and confirming that a broad-based industrial recovery is yet to take root, the index of industrial production (IIP) grew 4.3% on year in December, down from a five-month high rate of 7.1% in the previous month.

Alibaba exits India, offloads remaining 3.4% Paytm stake

Chinese firm had sold 3.1% stake in fintech giant in Jan

Adanis face a fresh storm

Sebi probing FPO investors

China Blasts Biden For Remarks On Xi

BEIJING LASHED OUT at President Joe Biden for saying Chinese leader Xi Jinping faces "enormous problems," underscoring the renewed tensions between the two nations since the US downing of a balloon in its airspace.

Disney To Cut 7,000 Jobs In Major Revamp By CEO Iger

$5.5-BN Savings Plan Buoys Investor Sentiment

Pepsi posts Q4 profit riding on price hikes

PEPSICO SAID ON Thursday it will not further raise prices of its sodas and snacks after multiple rounds of price hikes last year that helped the beverage giant post fourth-quarter profit and revenue ahead of analysts'estimates.

Ashneer Grover writes to NPCI alleging data theft by Koladiya

BharatPe tussle intensifies; Koladiya, company deny charges

Credit Suisse posts biggest annual loss since 2008

CREDIT SUISSE Group has reported its biggest annual loss since the 2008 global financial crisis after rattled clients pulled billions from the bank, and it warned that a further \"substantial\" loss would come this year.

PM slams Cong, says he alone outweighs Oppn

PRIME MINISTER Narendra Modi on Thursday unleashed a stinging attack against the Opposition, saying the more \"keechad\" (dirt) they will fling, the bigger \"kamal\" (lotus) will bloom and asserted that he alone outweighs all those who take turns to shout slogans to oppose him.

Amid US slump, realtors see rise in office demand

AMID LAYOFFS BY Google, Microsoft, Boeing and others, and a looming recession in the US, the country's top office developers believe that outsourcing to India will increase and the demand for office properties will improve this year.

RCAP RESOLUTION Hinduja favours 2nd e-auction, Torrent opposes

HINDUJA GROUP, A bidder for the entire assets of Reliance Capital (RCap), is in favour of the second challenge mechanism, as it would help maximise the value through the resolution process. The move supports the stance of the committee of creditors (CoC), but is against that of other bidder Torrent Group, which is opposing the second e-auction.

LIC has not reduced exposure to Adani Group, says chairman

LIFE INSURANCE CORPORATION of India on Thursday said it has not reduced its exposure to the Adani Group so far amid the Adani-Hindenburg controversy as the company generally buys and holds stocks for a \"long time\". It has not made provisions for debt held in the embattled Group, LIC said.

Toll hits 19.3k in Turkey, Syria; survivors battle bitter cold

TENS OF THOUSANDS of people who lost their homes in a catastrophic earthquake huddled around campfires in the bitter cold and clamoured for food and water Thursday, three days after the temblor hit Turkiy and Syria and killed more than 19,300.

WOMEN'S CRICKET: Taking guard on a new turf

How India’s outing at T20 Women’s World Cup will impact WPL

SC agrees to hear today plea seeking probe into Hindenburg report on Adani

THE SUPREME COURT has agreed to hear on Friday a plea seeking a direction to the Centre to constitute a committee monitored by a retired apex court judge to inquire and investigate into the Hindenburg Research report which has made a slew of allegations against the business conglomerate led by industrialist Gautam Adani.

Startups turn to convertible notes to protect valuation

$120 MN CAME VIA HYBRID ROUTE IN CY22 VS $2.5 MN IN CY21

CPSEs to increase capex by a quarter during next fiscal

Finalise plans to raise investments from own resources ₹3.23 trn

Sovereign debt issues to top G20 finance meet: FM

FINANCE MINISTER NIRMALA Sitharaman told the International Monetary Fund (IMF) chief on Thursday that debt vulnerabilities of countries would top the agenda of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Bengaluru later this month. She also urged the IMF to help develop a globally coordinated approach to the regulation of crypto assets.

Air India finalises deal with Airbus to buy 250 planes

AIR INDIA HAS finalised an order for around 250 aircraft with Airbus and the deal is + expected to be announced next week, a source said on Thursday. The source said Al has signed a deal with Boeing for 200 planes, reports PTI.

TWITTER ROLLS OUT SUBSCRIPTIONS: Blue tick costlier than phone bill, OTT

MICROBLOGGING SITE TWITTER on Thursday rolled out its subscription service, Twitter Blue (blue tick verified handles), for users in India. The monthly subscription charge for mobile devices is ₹900 and web is ₹650. It is also offering a discounted annual plan of ₹6,800 per year, which comes to ₹566.67 per month.

Edible oil price fall spurs rethink on import duty

WITH A SHARP fall in retail prices of edible oils over the last six months in line with the global trend, the government is considering withdrawing the import duty concessions on these products.