CATEGORIES
Tax on overseas credit card spend unlikely from Monday
No word yet from poll-bound govt on April 1 notification
TATA TECH, MAMAEARTH TOP NAMES Lock-in of ₹1.5 trn shares set to end
66 companies will see the end of lock-in period in the next four months
ED Motive Is To Create Smokescreen To Crush AAP: Kejriwal To Court
CHIEF MINISTER ARVIND Kejriwal, arrested a week ago by the Enforcement Directorate that is probing the Delhi excise policy case, told a Delhi court Thursday that the ED has two motives: To create a smokescreen to crush the AAP, and to create an extortion racket.
Mentored by Yuvraj & Lara, Abhishek shines
IN A SUNRISERS Hyderabad batting line up comprising bonafide stars - Travis Head, Aiden Markram and Heinrich Klaasen 23-year-old Abhishek Sharma didn't look out of place on Wednesday night.
CIL's supplies to power sector top FY24 target
COAL INDIA SURPASSED its annual target of coal supplies to the power sector on March 27 at 610.8 million tonne (MT).
Spurt in realty credit as housing sales boom
THE CREDIT FLOW to real estate, from both banks and private channels, has significantly grown as residential sales boom and the office property market on the mend.
63 brokers traded in T+0 settlement on Day 1, says BSE
A TOTAL OF 63 brokers registered with the BSE traded in the optional T+O settlement cycle on the first day of the beta test on Thursday, with as many as 41 brokers trading in 10 scrips.
Benchmark bond yield softens 25 bps in FY24
Index inclusion, fiscal consolidation cooling of US peers lead to the decline
Disney Star breaks viewership records on IPL day 1
BROADCASTER DISNEY STAR highest-everwatch recorded its time for a single game during the opening day (March 22) of the Indian Premier League (IPL), it said on Thursday.
Adani family cements Ambuja hold with ₹6,661-cr infusion
Raises stake by 3.6% to 66.7% in company
Yen fall may not hit Indian exports
THE RECENT DEPRECIATION seen in the yen is not expected to impact India's exports to Japan as they are not competing with domestic manufacturers, but it could jack up Indian imports of electronics, machinery and auto components, according to the Federation of Indian Export Organisation.
Rural workers to get 3-11% wage hike
AHEAD OF THE general elections, the Centre has notified hikes in the range of 3-11% in the daily wages of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers for the next fiscal.
Fiscal deficit reaches 86.5% of FY24 RE in April-February
Capex momentum strong, but poll code may slow it in March
Bankman-Fried sentenced to 25 years in jail for FTX fraud
SAM BANKMAN-FRIED WAS sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.
Shifting gears: Maruti Suzuki to launch 6 EVs by 2030, eyes 15% sales
AHEAD OF ITS first electric vehicle launch, the eVX in 2025 - and eventually six EVs by 2030 Maruti Suzuki is exploring all options to alleviate range anxiety by enhancing charging infrastructure, despite the fact that the eVX reportedly has a big, 60-kWh battery and a 550-km range.
RIL picks up 26% in Adani firm
IN A FIRST-EVER collaboration between the two of the country's largest conglomerates, Mukesh Ambani's Reliance Industries (RIL) will buy 26% stake in a power project of Gautam Adani's Adani Power for using 500 megawatt for captive use.
Auto firms feel the chill of Baltimore bridge collapse
\"Too early to assess', says one; JLR, M&M, Eicher top exporters
HUL in initial talks for sale of Pureit
THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever, is looking at a potential sale of its Pureit water purifier business, informed sources have told FE, in an attempt to focus on its core FMCG businesses.
Indices end FY24 on a high; Nifty jumps 29%
INDIAN STOCK MARKETS closed on a high on the last trading session of FY24 on Thursday, with both the Sensex and Nifty rising almost 1%. Overall, bulls continued to dominate bourses the in FY24, despite geopolitical tensions and inflation continuing to be sticky for most part of the year.
American Ceos Should Invest In China, Says Xi
PRESIDENT XI JINPING met with a group of American business leaders in Beijing including Blackstone Inc's Stephen Schwarzman and Qualcomm's Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing.
Aadhaar May Be Used As Key Tool For Population Census
Experts say data can only be partly used
Poll ad spend to hit ₹4K cr; social media stars top draw
WITH POLITICAL PARTIES getting into the campaign mode, political advertisements across media platforms is set to rise by around 20-60% this time compared to the 2019 parliamentary elections.
No interim relief for Kejriwal, ED gets time to respond to pleas
Arrest disables him from active role, level-playing field uneven: Singhvi
Baltimore bridge collapse reverberates from cars to coal
THE 1.6 MILE-LONG bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks.
Bonds see biggest selloff by global investors in a year
THE INDIAN RUPEE'S decline to a record low on Friday pushed foreign investors to reassess their frenzied buying of the country's assets, triggering the biggest selloff in Indian bonds in a year.
RBI eases rules on regulated entities' investment in AIFS
THE RESERVE BANK of India (RBI) on Wednesday eased its recently tightened rules that had mandated lenders (regulated entities or REs) to set aside higher provisions if they have bought into alternative investment funds (AIFS) that, in turn, invested in the lender's borrowers.
Renault-Nissan to launch four SUVs
To take on Creta, Seltos and Grand Vitara models
IPO-bound Swiggy delivers ₹5,476-cr revenue in Apr-Dec
Gross order value at ₹24,230 cr in first nine months of FY24
Amul to start fresh milk sales in more countries
Announcement likely in 2 months
To gauge PSE valuation before listing them: FM
THE GOVERNMENT IS closely monitoring the valuation of state-run companies and working on improving their valuation before listing them, finance minister Nirmala Sitharaman said at an event on Wednesday.