CATEGORIES
Airbus widens distance with Boeing in India
Air India formally signs deal with Airbus & Boeing
Google searches for India partner to make Pixels
ALPHABET-OWNED GOOGLE is planning to shift a part of its manufacturing of Pixel phones to India from China and is in talks with domestic contract manufacturers like Lava, Dixon Technologies, and Bharat FIH
FMCG, retail sales grow in June
SALES OF FAST-MOVING consumer goods (FMCG), durables and retail sectors have seen an uptick in June as inflationary pressures ease and rural markets begin to revive
The future is here
Day 1 highlight was India's 57 shortlists in 18 categories
Bombay HC stays RBI's master circular till Sept 11
THE BOMBAY HIGH Court on Monday stayed till September 11 the Reserve Bank of India (RBI) master circular that had permitted banks to declare any account as a fraud account without giving a hearing.
Canada's immigration policies may boost its labour market, economy
AT A TIME industrialised countries around the world are confronting declining birth rates and aging workforces, Canada is at the forefront of betting on immigration to stave off economic decline.
Germany, Intel strike deal on $33-bn chip plant
INTEL WILL INVEST more than 30 billion euros ($30 billion) in Germany as part of its expansion push in Europe, the US company said on Monday, a project key to German Chancellor Olaf Scholz's ambitions to create a global chip hub.
Xi Jinping, Blinken agree to stabilise US-China relations
Blinken is the first to visit China since Biden took charge
Nykaa profitability outlook improves
Driven by strong customer retention and successful own labels
Shriram Finance shares zoom 7% as TPG exits by selling 2.65% stake
TPG INDIA INVESTMENTS II Inc sold 9.92 million shares, or a 2.65% stake, in Shriram Finance on Monday at ₹1,401 per share, valuing the transaction at ₹1,390 crore ($170 million) in a block deal on the BSE.
A few stocks drive Nifty rally
It has taken place on account of FPI flows into select stocks
Wipro working on Generative AI for 2 years
AFTER TCS, TECH Mahindra and HCLTech, Wipro has said it has been working on Generative AI for some time now. In its annual report, it said, \"We have been investing in our Generative AI research program with the University of South Carolina and IIT Patna for over two years to build language models for the health sector.\"
Tata Power earmarks capex of ₹12,000 cr for this fiscal
Plans to take part in privatisation of discoms
Vedanta lays out $1.7-bn capex plan for FY24
OPTIMISTIC OF AN \"exciting journey\" ahead, mining major Vedanta, a subsidiary of London-headquartered Vedanta Resources (VRL), has committed to invest $1.7 billion for capital expenditure in FY24.
Demand slump forces Gujarat dyestuff units to freeze capacity
A SHARP DROP in demand and higher production costs have forced dyestuff manufacturing units in Gujarat to cut production. The demand crunch is attributed to sluggish domestic consumption of textiles and apparels, and a fall in exports.
Monsoon deficiency drops to 33% from 47% in 3 days
To move into south peninsula & eastern regions in two days
US to make a fresh pitch for India to join IPEF trade talks
Data localisation, digital service tax to figure during PM visit
States told to rejig GST laws by Oct to set up tribunal
THE CENTRE HAS asked state governments to approve changes to their respective Goods and Services Tax laws by October to enable the setting up of GST Appellate Tribunal (GSTAT) with a Principal Bench in Delhi and benches across states by December.
IndiGo seals biggest aircraft purchase
500-JET DEAL WITH AIRBUS PEGGED AT $50 BN
India-US road map: Defence production to get a leg-up
GE-HAL deal to be inked during Modi's visit starting today
Baring EQT, ChrysCap pick up HDFC's Credila for ₹11,000 cr
BARING PRIVATE EQUITY Asia EQT and private equity fund ChrysCapital have acquired Credila Financial Services from Housing Development Finance Corporation (HDFC) for ₹9,060.5 crore.
Market momentum set to pick up pace, say experts
THE SENSEX AND Nifty's closing at an all-time high on Friday could just be the beginning of good times for Indian stock market investors, according to an FE poll of 10 leading market participants.
FM suggests credit outreach camps in deficient districts
FINANCE MINISTER NIRMALA Sitharaman on Monday chaired a consultative committee meeting on financial inclusion and suggested a special outreach camps in credit-deficient districts in each state.
Corporate bonds look attractive now
Four to six years tenure will efficiently capture the current rate cycle
M&M opts out of below-₹10-lakh electric segment
THE PASSENGER ELECTRIC vehicle (EV) market has seen two sub-₹10 lakh launches by as many companies in six months. With prices in the same band as compact sedans and premium hatchbacks, Tata Motors' Tiago EV and MG Motor's Comet are also enticing erstwhile non-EV consumers.
Emergency a dark period for India, says PM
DESCRIBING THE DAYS of Emergency as \"a dark period in the history of India\", Prime Minister Narendra Modi said Sunday that \"supporters of democracy were tortured so much during that time, that even today, it makes the mind tremble\".
IT companies may lose outsourcing deals amid changing technologies
MACROECONOMIC HEADWINDS ALONG with emerging technologies like Generative AI and Low Code are posing a challenge to the outsourcing business offered by Indian IT companies.
Carbon fiasco: McLeod Russel in a catch-22
The Kolkata bench of the NCLT on February 10 admitted IL&FS Infrastructure Debt Fund’s insolvency petition for initiating CIRP against the country’s largest tea producer.
Sebi: Urgent action needed against Chandra, Goenka
VICTIM OF MISAPPROPRIATION, ZEE WROTE ON JUNE 11
Startup helps doctors digitise their practice
Secures $22 million in Series C funding, targets 25K+ doctors by 2024