Business Standard - July 03, 2024
Business Standard - July 03, 2024
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July 03, 2024
Sebi issues showcause notices to Hindenburg Research, 5 others
Alleges Hindenburg disclosures misleading
4 mins
Hindenburg was never a client or investor, clarifies KMIL
Kotak Mahindra International Ltd (KMIL) and K-India Opportunities Fund (KIOF) have said Hindenburg has never been a client of the firm or an investor t in the fund.
1 min
Labour pains, the silent crisis undermining India's infra boom
Severe shortage of skilled, unskilled workers threatens to pull emergency brakes on India's industrial engine
5 mins
Premium airfares soar much faster than economy class
The 'premium economy' class on domestic flights in India has transformed in the past five years, evolving from an overlooked option to a sought-after service.
2 mins
PM may finalise 100-day agenda after Budget
Prime Minister Narendra Modi is likely to chair meetings of secretaries to finalise the government's 100-day agenda after the Union Budget for 2024-25, which is likely to be presented later this month.
1 min
Third term a mandate for speed, continuity: Modi
PM says working on war footing to curb paper leaks, guilty won't be spared
3 mins
RIL set to invest $60 bn in 10 yrs
Reliance Industries Ltd (RIL), India's biggest firm operating in areas such as oil refining and retail, will invest $60 billion in the next 10 years, according to an estimate by global financial powerhouse Morgan Stanley.
1 min
IT firms may see green shoots in June quarter
But, Q1FY25 could rank among the weakest in the past decade
2 mins
Crypto companies call for multi-agency regulation
Home-grown cryptocurrency firms suggest that regulating the sector may necessitate the involvement of multiple agencies, given the approaching deadline to develop a unified framework.
2 mins
Atmanirbharta has been part of our culture from Day One: Tata Hitachi MD
Long before atmanirbhar or selfreliance became a buzzword, Tata Hitachi, a joint venture between Tata Motors and Japan's Hitachi Construction Machinery Company, had embraced it.
2 mins
Unacademy hands pink slips to 250 more employees
Edtech firm Unacademy has laid off 250 people across verticals, according to people familiar with the matter, reducing its employee strength by 50 per cent from what it was two years ago.
1 min
Adani Power boosts capacity again, targets 30+ Gw now
Private power producer Adani Power is ratcheting up its electricity generation capacity to match the country's growing power demand.
1 min
₹35K cr Aramco order biggest ever, says L&T
Firm clarifies it is part of existing order book, not new
2 mins
Heatwave grip on May consumption, base-year effect cool GST growth
The single-digit growth of 7.7 per cent in goods and services tax (GST) collections in June points to the impact of the May heatwave on consumption, coupled with a base year effect, according to analysts.
1 min
Adi-Nadir family to buy 12.65% in Godrej Industries
RKN Enterprises to sell stake valued at ₹3,858 crore
1 min
Monsoon covers entire India 6 days in advance: IMD
The southwest monsoon covered the entire country on Tuesday, six days ahead of its normal date, boosting prospects of kharif sowing, the India Meteorological Department (IMD) said.
1 min
Slower foreign flows keep bond yields steady
Tally after two trading sessions since JPM entry
1 min
Power sector eyes green policy push, tax breaks
Sector execs expect funding for green hydrogen, offshore wind
2 mins
Component PLI top demand of electronics firms
Manufacturers aim at attracting global value chains, scaling up production
2 mins
World Bank paper argues for priority sector tag in push for rural women-led enterprises
India needs to assign a specific priority sector tag for women-led rural enterprises for easier access to credit, according to a study by the World Bank.
2 mins
More women on boards, but top management tally lags global avg
The share of women in boards of companies went up from just over 5 per cent in FY14 to nearly 16 per cent in FY23, according to a study by National Council of Applied Economic Research (NCAER).
1 min
RBI looks to ease export, import transaction norms
Grants more autonomy to banks for efficient services to forex customers
1 min
Defies logic, restore remarks: Rahul
SPEAKER EXPUNGES PORTIONS OF LOP'S SPEECH
1 min
Study House rules, raise issues: Modi to NDA MPs
Prime Minister Narendra Modi ☐ Democratic Alliance (NDA) conon Tuesday asked all National stituents to appoint spokespersons, who should regularly coordinate with each other to ensure that the government's views on issues are conveyed forthrightly and in unison.
1 min
EVM, Manipur to Agnipath: Oppn trains guns on govt, EC
18th LS' 1st session adjourned sine die
2 mins
Nepali Cong, CPN-UML strike deal to oust PM Prachanda
In a dramatic political development, Nepal's two largest parties - Nepali Congress and CPN-UML-have inked a midnight powersharing deal to form a new 'national consensus government' to replace the coalition government led by Prime Minister Pushpa Kamal Dahal Prachanda, who on Tuesday refused to resign.
1 min
Wall Street maps out what a Trump win would mean for bond market
Financial giants from Goldman Sachs & Co. to Morgan Stanley and Barclays Plc. are taking a fresh look at how a Donald Trump victory in November could play out in the bond market.
2 mins
US to provide $2.3 bn more in military aid to Ukraine: Austin
Defence Secretary Lloyd Austin said Tuesday that the US will soon announce an additional USD 2.3 billion in security assistance for Ukraine, to include antitank weapons, interceptors and munitions for Patriot and other air defence systems.
1 min
From courtroom to Downing Street: Keir Starmer is on the cusp of power
Keir Starmer, the leader of Britain's Labour Party, nodded sympathetically as a young mother recalled, in harrowing terms, how she had watched closed-circuit television footage of the fatal stabbing of her 21year-old son, whose heart was pierced with a single blow.
1 min
Don't do something you regret: Sunak
RUN-UP TO UK POLLS ON THURSDAY
1 min
The rise of skyscrapers
Each time crossing over the Bandra-Worli Sea link, my eyes get locked in to admire Mumbai's skyline of towers, wrapped in glass.
3 mins
Investor confidence
Index inclusion also has risks
2 mins
India-UK innings back on track
On July 4, British citizens will head to the polls to vote in an early general election.
4 mins
Uncle Sam's dollar Ponzi scheme
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down
4 mins
Overdue Census
The delay is disturbing
2 mins
Centre's sacrifice for cooperative federalism
It has now been seven years since the Goods and Services Tax (GST) was introduced.
4 mins
Over 100 dead in stampede at satsang in UP's Hathras
PM MODI ANNOUNCES ₹2 LAKH EX GRATIA FOR NEXT OF KIN OF DEAD | CONDOLENCES POUR IN; UP CM MAY VISIT SITE TODAY
2 mins
Quant MF raises wager on HDFC Bank, exposure up
Quant Mutual Fund (MF), one of the few fund houses to run a significant underweight position in private banks, has raised its allocation towards HDFC Bank.
1 min
Broking stocks slide on Sebi pivot
Exchanges and depositories also feel the heat
1 min
Kotak MF lifts curbs on smallcap fund
Kotak Mutual Fund has lifted investment restrictions on its smallcap fund, citing stability in the category post the general elections.
1 min
Robust production, new initiatives to drive growth for Coal India
Coal India looks set to achieve its 2024-25 (FY25) production targets. If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer.
2 mins
Rising demand for ACs pushes up Voltas stock
Distribution expansion, launches may perk up firm's showing
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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