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A captain's knock
As he walks out of Ramon House after HDFC's last board meeting this evening, Deepak Parekh would end his 45-year long innings in an institution he nurtured first under his uncle, the legendary HT Parekh, and then as the occupant of the corner office
TCS cracks whip in bribery case
6 EMPLOYEES, STAFFING FIRMS BANNED
Chandrayaan-3 to take off on July 13, landing in Aug
INDIA'S THIRD LUNAR mission Chandrayaan-3 will be launched from the country's only spaceport Sriharikota on July 13 at 2.30 pm, senior officials said on Wednesday.
Air India set to get brand makeover
McCann assigned advertising duties
India identifies 30 critical minerals for development, national security
COAL AND MINES minister Pralhad Joshi on Wednesday unveiled India’s first-ever report identifying 30 critical minerals including lithium, graphite, cobalt, titanium and rare earth elements for the country's economic development and national security.
Govt hikes sugarcane FRP by 10/quintal for 2023-24
Industry seeks hike in minimum selling price as well
Bhim Army chief shot at in Deoband
According to police, the bullet grazed his abdomen, and he was rushed to a hospital in Deoband. He was later transferred to Saharanpur civil hospital for further treatment, and his condition is stated to be stable
Indian firm used toxic industrial-grade ingredient in syrup: Sources
THE INDIAN MANUFACTURER of cough syrups that Uzbekistan said last year had poisoned 19 children used a toxic industrial-grade ingredient rather than the legitimate pharmaceutical version, two sources with knowledge of the matter told Reuters.
12,000 cross over from Manipur, Mizoram says need some help
Mizoram CM urged the Centre for financial aid in May
Airtel's April user addition lowest in 5 yrs
However, telco has retained top slot in 10 circles: Trai data
Indian Bank targets doubling BC outlets to 20,000 in 2 yrs
PUBLIC SECTOR LENDER Indian Bank is planning to nearly double the number of its overall business correspondent (BC) outlets in the country to 20,000 in the next two years from 10,750 as on March end, the bank’s project head for selection of corporate business correspondents Sujay Kumar told FE.
Stomach problems get an Al cure
Recent advances in medical imaging tech help fix such ailments
Louis Vuitton owner emerges ESG magnet with $17-bn stake
THE WORLD'S BIGGEST producer of luxury goods has emerged as a favorite among fund managers marketing themselves as promoters of environmental and social goals.
Powell open to two consecutive rate hikes by Fed
The least unlikely case is that we do find our way to better balance without a really severe downturn
Putin steps up efforts to undercut Wagner leader
Putin pledged not to prosecute Wagner for mutiny
Major lenders will provide e-bank guarantees soon
SYSTEM FRAUD-PROOF, SAYS SWIFT INDIA CEO
Severe natural calamities can lead to higher bad loans: RBI
SEVERE NATURAL DISASTERS can lead to a rise in non-performing loans in the overall banking system and keep them elevated for a sustained period of time, the RBI said in its financial stability report.
High retail advances pose risk to banking do not system
Unsecured retail loans constitute 7.9% of total credit
TVS to deliver 10,000 e-bikes to Zomato
TVS Motor will ensure that delivery partners onboarded on Zomato have access to charging stations within their radius
US fund reviews its $250-mn Byju's loan
FRESH SETBACK TO THE EDTECH FIRM
Google, ONDC join hands for startup programme
IN A BID to encourage startups in the digital commerce space, Google Cloud on Wednesday launched an accelerator program for the Open Network for Digital Commerce (ONDC).
Zee-Sony merger deal: A 'SAT-back' could be in the offing
ADVERSE RULING AGAINST CHANDRA, GOENKA MAY COMPEL A CHANGE IN MERGER SCHEME
SP Group arm to raise up to ₹8,000 cr to refinance debt
AFCONS INFRASTRUCTURE, THE construction arm of Shapoorji Pallonji Group (SP Group), is looking to raise up to ₹8,000 crore through an initial stake sale.
Zara's revenues jump even without adding new stores
ZARA, TOUTED AS \"Fast Fashion Queen', has achieved a unique feat in India. The Spanish brand has been growing its revenues without opening any new stores.
GQG, others invest ₹8,372 cr in two Adani companies
US INVESTMENT FIRM GQG Partners and other investors bought shares worth ₹8,372 crore in two Adani Group companies - Adani Enterprises (AEL) and Adani Green Energy (AGEL)-through block deals, mainly from Adani group family firms.
Hyundai plan to buy GM Pune plant stuck
WORKERS SEEK ABSORPTION BY KOREAN FIRM
EU agrees to India plea for structured talks on carbon tax
AS REQUIREMENTS OF reporting embedded carbon emissions in steel and aluminium exported to the European Union will kick in from October 1, India and the 27-member grouping have agreed to a channel of negotiations to discuss measures that may make it easy for the country's small and medium exporters to comply with the norms.
States allowed to borrow additional ₹1.4 trn in FY24
THE CENTRE HAS governments power-sector allowed state which carry out reforms to borrow ₹1.43 trillion extra on a cumulative basis in the current financial year from the market.
Legal binding for discoms to get enough power to meet demand
THE GOVERNMENT, IN consultation with Central Electricity Authority (CEA), on Wednesday issued guidelines making power distribution companies to have statutory obligation to ensure procurement of sufficient capacity to meet demand in their area.
₹7,500-crore incentive scheme for green H2 soon
India needs ₹5.5-trn debt funding for the sector, says MNRE secy