Business Standard - November 19, 2022
Business Standard - November 19, 2022
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November 19, 2022
Musk's hardcore'ultimatum sparks exodus at Twitter
Internal communication channels filled with employees offering a salute emoji, a symbol for departing the firm; offices closed until Monday
2 mins
Economy resilient, on track to grow at about 7% in FY23: RBI report
Headline inflation showing signs of easing, it says
1 min
India successfully launches its first pvt sector rocket
PM calls it‘a historic moment’
1 min
Up to 250-cr fine for personal data breach
Data localisation mandate eased; Bill released for public consultation, DIGITAL PERSONAL DATA PROTECTION BILL, 2022
1 min
10% of Jet staff on leave without pay
Airline reduces salaries of 23% employees
1 min
Digital channels account for 25% of demand: HUL
Hindustan Unilever (HUL) said the digital channel now accounts for 25 per cent of demand.
2 mins
People continue to seek side gigs amid demand for tech skills
Most job search platforms say they witnessed an increase in people signing up for a second job or freelance work
2 mins
M&As prove to be a shot in the arm for hospital expansion
Analysts say these deals significantly reduce the go-to-market time, and give instant market share and access to patients in certain geographies
3 mins
Govt raises maximum term of PSB CEOs, MDs
Candidate can be appointed for 5 yrs; tenure can be extended by another 5
1 min
India to be a semiconductor manufacturing hub: MOS IT
Well positioned, given the efforts in last 5-6 years, says Chandrasekhar
2 mins
Ind directors ask shareholders to carefully evaluate open offer
The independent directors of New Delhi Television (NDTV) have asked shareholders of the company to carefully evaluate Adani group's upcoming open offer for an additional 26 per cent stake in the news broadcaster.
1 min
India driving global quest for autonomous e-vehicles
Nearly 35% of codes to make one fully driverless car is being written in India
2 mins
Trend shift? Bank deposits rise 4x versus credit offtake
Against the ongoing trend, scheduled commercial banks mobilised about four times more in deposits than the credit disbursed in the fortnight ended November 4.
1 min
CPSE capex jumps in Oct, at 53% of FY23 target
Capital expenditure (capex) by large central public sector enterprises (CPSES) with a target of 100 crore or more touched 53.03 per cent of the annual target of *6.62 trillion during the first seven months of the financial year, according to sources.
2 mins
Independence of CAs essential for securing integrity of reports: Sitharaman
The independence of chartered accountants is of paramount importance to establish the integrity of financial statements as they are not only responsible to shareholders but also to financial institutions, the government, and retail investors.
1 min
Forward premia at 11-yr low as rate gap narrows
The trajectory of the rupee has also contributed to the easing premia
2 mins
Spurred by high prices, wheat acreage grows 15%
Favourable weather also boosts sowing
1 min
LIC eyes 75:25 mix of par, non-par in individual biz
State-owned insurance behemoth Life Insurance Corporation (LIC) is aiming to achieve a mix of 75:25 between participatory (par) and nonparticipatory (non-par) businesses in the individual segment in the next few years and once that happens, it will give a significant push to the value of new business (VNB) and VNB margins of the corporation, the management said in an analyst call after the company's Q2 results.
2 mins
Forex reserves surge at fastest pace in over a yr
Weaker spot market purchases lift reserves to 544.72 bn
2 mins
Maersk, JSW & Essar Ports in growing list of Concor suitors
Maersk is already planning to double its warehousing presence in India in a year
2 mins
India likely to join IPEF's first negotiating round
Could be part of non-trade discussions in Brisbane from December 10 to 15
3 mins
Euro zone banks return $308 billion in cheap ECB funding
Euro zone banks are set to repay nearly $310 billion in loans to the European Central Bank next week, the ECB said on Friday, the biggest cash withdrawal from the euro zone's financial system in the euro's 22-year history.
1 min
More layoffs in 2023: Amazon CEO Andy Jassy
Tech giant to pause hiring in corporate workforce
1 min
Modi’s G-20(24)
Heading G-20 will give India a foreign affairs year like it has never had in history. And changes around the world give Narendra Modi a lot of newly-opened strategic space to play with
5 mins
MF firms go beyond big cities, add more physical branches
This despite digitisation empowering transactions; SBI MF leads the way with 55 new offices
2 mins
Third-highest crypto app downloads in India: BIS
India ranked third globally in terms of the number of downloads of cryptocurrency exchange applications between August 2015 and June 2022, data from a working paper released by the Bank for International Exchange (BIS) showed. The total downloads of such apps in India stood at 30.1 million.
1 min
Worst may be over for NMDC stock
Margins may have bottomed out, cash flows likely to improve, say analysts
2 mins
SME RIGHTS ISSUE DROUGHT GOES ON FOR 5 YRS
Smaller companies are no longer coming back to shareholders to raise additional money through rights issues.
1 min
Indices slip for 2nd day, close in red for the week
The Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded auto, finance, and energy stocks amid a lacklustre trend in global markets.
1 min
Ad growth worries: Zee, Sun TV may underperform
Between the two, Sun saw better growth rates during September quarter
2 mins
Two-wheelers rev up for mid-size battles
Royal Enfield has made aggressive moves in the 250-350 ccsegmentthat it dominates, but the competition is accelerating
3 mins
India is catching up but road still long, say women leaders
The majority of BSNL’s upcoming 125,000 AG towers will be installed across rural areas, which are yet to see 4G coverage, _ said officials.
2 mins
Business Standard Newspaper Description:
Utgiver: Business Standard Private Ltd
Kategori: Newspaper
Språk: English
Frekvens: Daily
Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.
Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.
Business Standard's editorial team is led by Shyamal Majumdar.
The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.
The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.
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