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Go First, Jet Airways lose airline codes
THE TROUBLES FOR grounded airlines Go First and Jet Airways continue to mount. Both have lost their airline codes for not being in operation.
Uday Kotak quits 4 months early
Deepak Gupta takes interim charge of bank
An Island town stops to watch India and Pakistan tee off
PALLEKELE IS A small, quiet town, just a half-an-hour drive from Kandy, the second largest city in Sri Lanka dotted with tea plantations.
INDIA bloc: Will enter LS polls together as far as posssible
STEPPING UP THEIR unity efforts, the 28-party Opposition INDIAalliance announced Friday that it will contest the 2024 Lok Sabha elections together\"as faras possible\", the caveat being an indirect acknowledgement that there could be challenges regarding seat-sharing in some states.
Do social service on leave: Army to its soldiers
THE ARMY WANTS its troops to take part in social service while they are on leave to enhance \"nation-building efforts\".
Ericsson and Nokia spar with local firms over stricter Customs check
WITH THE DEPARTMENT of telecommunications (DOT) asking the Customs department to strengthen the mechanism to check imports of telecom equipment, global gear makers Ericsson and Nokia have expressed concern over the delay in getting imported components and products because of strict checking, according to people aware of the matter.
Reliance Retail may raise $2.5 bn by Sept
RELIANCE RETAIL VENTURES (RRVL), the retail arm of Reliance Industries, is in talks to raise $2.5 billion as part of a $3.5-billion fund raise, sources said.
Hiring dips 5% y-o-y in August
Tier-2 cities are important hubs for luring top talent
Russia deploys Sarmat ICBM on combat duty
The unique weapon would strengthen our potential, says Putin
Jio Financial Services could exit NSE indices next week
JIO FINANCIAL SERVICES' (JFS) temporary inclusion in the BSE indices came to an end on Friday, with the stock removed from the Sensex and other BSE indices before start of trade.b
Optiemus in race with Vedanta to make display glass
AFTER VEDANTA DISCLOSED its plans to set up a $4-billion unit to manufacture display glass used in electronic devices like smartphones, laptops, televisions, etc, local electronics contract manufacturer Optiemus on Friday formed a joint venture with US-based Corning International to manufacture similar products.
Auto sales see August rush
AUTO SALES HIT an all-time monthly high in August with the industry recording a growth of 10%. Manufacturers hit the accelerator in anticipation of a robust demand during the festive season, starting with Onam earlier this week.
Growth to be incremental going forward: HCLTech
DAYS AFTER BAGGING the $2.1-billion Verizon deal, C Vijayakumar, CEO and MD, HCLTech, in a recent investor meet, said that the company will see an incremental growth going forward as the market has bottomed out.
Two-wheeler sales crawl in August
However, the industry grew at a healthy 7.4%
Mandi prices of onion up 15% in Lasalgaon
WITHIN A WEEK, the mandi prices of onion at Lasalgaon, Nasik district of Maharashtra, the hub of the trade, has increased by 15% to ₹2351/quintal on Friday on account of purchase by agencies like Nafed and National Cooperative Consumers' Federation of India (NCCF) to boost buffer stock.
Ensure supplies to violence-hit areas, SC tells Centre, Manipur
THE SUPREME COURT on Friday directed the Centre and Maniour government to ensure that food, medicine and other essential supplies reach the areas affected by the recent clashes in the state.
NPS AUM crosses 10-trn mark: PFRDA chairman
To unveil SWP and annuity-mix products in Oct
India seeks cooperation on fugitive economic offenders
INDIA HAS SUGGESTED to all G-20 nations to actively cooperate to deal comprehensively and efficiently with fugitive economic offenders as part of the action against them and recovery of the assets.
Oil import from Russia falls as Saudi Arabia regains share
INDIA'S IMPORT OF Russian oil fell to the lowest in six months at 1.47 million barrels a day (mbd) in August as Russia cut down oil exports, paving way for Saudi Arabia to regain its share in Indian crude basket by exporting 820,000 barrels a day during the month.
Nomura, Morgan Stanley raise FY24 growth forecast
ECONOMISTS AT NOMURA and Morgan Stanley on Friday raised India's economic growth forecast for fiscal 2024 after data showed the economy grew at its quickest pace in a year in the April-June quarter.
Manufacturing activity at three-year high in August
MANUFACTURING SECTOR ACTIVITIES saw a robust improvement across India as new orders and output increased at the quickest rates in nearly three years during August.
GST mop-up rises 11% at ₹1.59 trn in August
GOODS AND SERVICES Tax (GST) collections grew nearly 11% onyear to 1.59 trillion in August (July transactions), broadly hovering around the government's target of an average monthly GST receipt of 1.6 trillion in the current fiscal.
SRK vs SRK in race for Bollywood’s biggest opener this year
SHAH RUKH KHAN, it seems, will fight with himself to set records at the box office for Bollywood films.
GQG picks UP 2.59% IDFC First Bank stake
WARBURG PINCUS AFFILIATE Cloverdell Investment has sold 278.7 million shares or 4.20% equity stake in IDFC First Bank in a bulk deal on the Bombay Stock Exchange on Friday, according to exchanges data.
Now, claims of covert’ lobbying against Vedanta
A DAY AFTER IT made a host of allegations against Adani Group, Organised Crime and Corruption Reporting Project (OCCRP) has now alleged that Indian mining and oil giant Vedanta ran a \"covert\" lobbying campaign to weaken key environmental regulations during the pandemic period.
CCI clears runway for Al-Vistara merger
IN A BIG boost for Tata group's aviation plans, the Competition Commission of India (CCI) on Friday approved the merger of Vistara and Air India, subject to conditions.
Viacom18 wins TV and digital rights for cricket at home
PER MATCH VALUE AT 51% PREMIUM
Lovely returns for second stint as Delhi Cong chief
IN A MOVE that appeared to catch members of its own state leadership the Congress by surprise, Thursday announced the return of former Delhi minister Arvinder Singh Lovely as chief of its Delhi unit.
Ready for J&K polls any time now: Govt to SC
'NO TIME FRAME FOR STATEHOOD'
Telcos, OTT revenue sharing against net neutrality: IAMAI
THE INTERNET AND Mobile Association of India (IAMAI), which represents major companies like Google, Meta and Microsoft, etc, has said that the revenue-sharing mechanism between over-the-top (OTT) apps and telecom service providers (TSPs) will violate the net neutrality framework.