CATEGORIES

Bollywood roars back: Gross box office may breach ₹12k cr in 2023

Hindi films contributed 44% to India's annual gross box office collections, up from 33% in 2022, and 19% in 2021

Firstcry's parent files IPO papers with Sebi

Co to raise ₹1,816 cr via new shares; existing investors to sell 54.39 mn shares

Apple chases the ultimate health watch, but it could take years

It is facing technical puzzles and patent-wielding competitors as it tries to create an all-in-one health wearable

A shift in filmmaker preferences

Filmmakers from the south are commended for presenting actors as larger-than-life heroes

RBI dy guv urges banks to prudently lend to NBFCs

In Nov, RBI hiked risk weights on bank loans to NBFCs and on unsecured loans that banks and NBFCs disburse

Zomato gets ₹401 cr showcause notice over delivery charges

Tax notice on 26 December is based on the delivery charges collected from customers over two-and-a-half years

Order-winning spree puts Mazagon Dock stock on the warpath

Warship building company Mazagon Dock Shipbuilders Ltd (MDSL) has been on an order-bagging spree of late. On 20 December the company signed a contract worth ₹1,600 crore with the Ministry of Defence – its third order win just this month.

Metals sector to see gradual uplift

After an impressive rally of nearly 22% in calendar year 2022, the Nifty Metals index has seen modest returns of 18% so far in 2023. The performance was hindered by several challenges: a strong US dollar, subdued global demand, cost inflation, and China's delayed economic recovery. China's pivotal role in the metals market means its economic shifts have significant bearing on demand and pricing in the sector.

Xiaomi launches its first EV, aims to rival Porsche, Tesla

The SU7, which stands for Speed Ultra, will be powered by batteries from Chinese market leaders

'Apple warnings issue being probed professionally'

A report said IT ministry officials had put pressure on Apple to \"help soften the political impact of the warnings\"

Neo Asset revs up infrastructure fund

Peak XV Neo Asset Partners-backed Management, which floated its infrastructure-focussed vehicle in August, has now concluded raising its target corpus and will avail the greenshoe option, a top executive told VCCircle.

Adani group inks AI JV with UAE's IHC

The Adani group, led by Gautam Adani, has formed a joint venture with a unit of UAE's International Holding Co. to explore artificial intelligence (AI) and other technologies, signalling deepening ties between the conglomerate and its Middle-East backers.

Invest in new ideas, not season's flavour, says Accel's Prakash

Sectors that are familiar and better-understood tend to see a fierce investment competition, said Prashant Prakash, co-founder of Accel India, but warned that they do not necessarily yield significant profits. Such sectors represent opportunities of the past, and not those shaping the future.

'DPDP rules for consultation shortly'

The rules will specify clear definitions for age-gating, used to verify a user's age for allowing access

India to sign clean and fair economy deals under IPEF

Commerce ministry to move Cabinet note after completion of legal vetting by February

Soft landing talk sparks '90s flashbacks

If the US does dodge a recession, investors would want to start looking more at 'midcycle' stocks

Claim procedure slows auto PLI

While the industry awaits new SOPs, it has also been bogged down by the sheer volume of documents required

Govt plans to certify traditional 'doctors'

The government plans to certify individuals who may not have the prescribed qualifications to be healthcare practitioners but bear knowledge gained from previous generations for certain treatments, such as for snake bites, jaundice, and bone-setting, two officials said.

India may impose 50% export duty on molasses

A shortage in sugar supplies for domestic consumption has spiked the prices of the sweetener to a 14-year high

GQG fetches 28% of FPI inflows in 2023

Rajiv Jain-led GQG Partners has accounted for more than a fourth of the entire net foreign portfolio investment (FPI) inflows into India in 2023. Of that investment, more than 80% went into the Adani Group, and the rest into five other listed companies. Returns on the investments, too, were impressive.

RBI flags rising risks in consumer lending

Delinquency declines; central bank says it's ready to act early

New York Times sues Microsoft, OpenAI

NYT said the fair use argument shouldn't apply because the AI tools can serve up large chunks of text from articles

Israel Says War To Last Longer

The campaign has killed at least 21,110 people, according to the latest toll issued by Gaza's health ministry

As Indians Take To Travelling, Australia Emerges As The New Favourite

The resurgence of the Indian traveller is becoming increasingly significant on the global stage, especially in the wake of the Chinese tourist's reduced presence in the international outbound travel industry. This shift has led many countries to prioritize India as a key tourist market.

The dramatic adventures of India's first fighter pilot

The first Indian fighter pilot who saw active combat, Hardit Singh Malik, fought many decisive battles in World War I

All the world's a stage and we got to play unexpected parts in 2023

It's time to look back and smile as the curtains drop on yet another year in which reality refused to abide by anybody's script

Woo the world with our big fat Indian weddings

The government's campaign to have Indian and foreign couples say I do' in India makes sound economic sense, but let there be no coercion on where knots of matrimony are tied

RBI crackdown on financial risks puts industry on watch

RBI move seeks to prevent unstable build-up of assets but AIF managers could see costs rise

HOW AR RAHMAN'S ORCHESTRA IS TUNING LIVES

Sunshine Orchestra, which imparts musical skills to under-served children for free, has started churning out professionals

Schaeuble, who helped forge German reunification, dies

Wolfgang Schaeuble, one of the most important figures in German politics for decades and an icon of budgetary rigour in the eurozone, has died aged 81, the German parliament said on Wednesday.