I denne utgaven

September 18, 2024

Not paid GST, TDS, PF dues of ₹427 cr since 2020: SpiceJet

Airline files for ₹3K cr QIP to partly clear liabilities

1 min

NBFCs throng bond mkt to fund festival credit demand

Raise nearly ₹74K cr since Aug via debt offers as bank lending slows

2 mins

Promoters, top biz families beat govt

Earn ₹1.06 trillion against govt's ₹82,900 crore

2 mins

'TaMo, JLR set to make EVs in India'

Tata Motors and Jaguar Land Rover (JLR) will make electric vehicles (EV) in India for global markets, Tata Sons chairman N Chandrasekaran (pictured) has said, outlining how the group wants to use the \"cost attitude\" and sophistication of the brands to hit a \"sweet spot\".

1 min

TaMo taps used car mkt to boost EV resale, exchange

The country's largest electric car maker Tata Motors has started working with used car marketplaces to facilitate resale and exchange for electric vehicle (EV) owners.

3 mins

From Tata Motors-JLR to Ford: Tamil Nadu's EV ecosystem expands in '24

Tamil Nadu often dubbed as India's own Detroit due to its thriving automobile manufacturing ecosystem is in no mood to miss the EV bus either.Recent developments attest to it.

2 mins

Lenovo to roll out AI servers in India

Unit based in Puducherry; R&D lab to come up in Bengaluru

1 min

Delhi, Mumbai airports emerge as key LCC hubs

But long way to move up on global mega hub chart: OAG

2 mins

A-I to upgrade 27 old A320neo aeroplanes by mid-2025

Air India (A-I) on Tuesday said it would completely upgrade its 27 \"legacy\" A320neo planes by mid-2025, following which it would begin retrofitting 40 \"legacy\" widebody planes.

1 min

E-bike market hots up with Revolt RV1 launch

Haryana-based Revolt Motors on Tuesday launched its first electric motorcycle (emotorcycle) in the commuter segment, the RV1, priced at an introductory ₹84,990.

1 min

DGCA probes IndiGo tail strike, derosters crew

Aviation watchdog Directorate General of Civil Aviation (DGCA) is probing the incident of tail strike involving an IndiGo aircraft on September 9 and the flight crew has been derostered, a senior official said on Tuesday.

1 min

Gilead wants HIV drug patented

The Indian Patent Office is set to hear objections against patent claims filed by US-based pharmaceutical giant Gilead Sciences on HIV prevention drug \"Lenacapavir\".

1 min

Kharif acreage surpasses 5-yr average

The area under all kharif crops surpassed its five-year average for the week ended September 13, according to the latest data.

1 min

Wholesale inflation hits 4-mth low of 1.31%

India's wholesale price index (WPI)-based inflation fell to a four-month low of 1.31 per cent on an annual basis in August from 2.04 per cent in July due to a reduction in the prices of manufactured products and food items, according to data released by the Ministry of Commerce and Industry on Tuesday.

1 min

Petro product exports fall 14% as global demand cools

The continuing decline in the export of refined petroleum products widened by 14 per cent to 5 million tonnes (mt) in August, according to the latest data from the Petroleum Planning and Analysis Cell.

1 min

Export share of manufacturing companies' sales nears record low

Drop across listed and unlisted companies

2 mins

Exports shrink 9.3% in Aug, trade deficit at 10-mth high

Shipments to China fall 22.4%, while imports jump 15.5% to $10.8 bn

2 mins

Households shift to equities amid attractive returns

After Covid, allocation to bank deposits down 42% in 2024

2 mins

Will talk to states to iron out challenges in RE sector: Joshi

Union minister says evacuation, green open access, transmission key issues

2 mins

Bengal economy saw decline over several decades: EAC-PM paper

West Bengal has experienced a continuous decline in its relative economic performance over several decades, according to a working paper by Economic Advisory Council to the Prime Minister (EAC-PM).

1 min

Phoenix ARC gets Eols for ₹3,550 cr retail NPA sale

Phoenix ARC has received expressions of interest (EoIs) from 8-9 asset reconstruction companies (ARCS) to sell its retail non-performing assets (NPAs) worth 3,550 crore.

1 min

NFRA issues revised standards to address deficient audit quality

Brings out revised SA 600 for public consultations

2 mins

DBK Brand Rate applications to be filed with the Customs at the place of export

We are an export oriented unit (EOU). The notification 52/2003-Cus dated 31st March 2003 applicable for EOUS exempts only the basic customs duty, IGST and Compensation Cess.

2 mins

Modi to be in US from Sep 21-23 for Quad meet

Prime Minister Narendra Modi will attend the fourth Quadrilateral Security Dialogue (Quad) leaders summit in the United States as part of his three-day visit later this week.

1 min

Kejriwal resigns as Delhi CM, Atishi set to take over

Opposition calls her elevation a 'stop-gap'

2 mins

CBI report on Kolkata rape, murder case disturbing: SC

The Supreme Court on Tuesday said it was disturbed by the findings given in a status report filed by the Central Bureau of Investigation (CBI) in the rape and murder of trainee doctor at RG Kar government hospital in Kolkata but refused to divulge the details, saying any disclosure may jeopardise the ongoing investigation.

1 min

Trump launches new crypto biz

Donald Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of digital assets with a history of controversy.

1 min

Microsoft plans new $60 billion buyback

Amount represents less than 2% of company's market value

1 min

Mkts hinge on Powell emulating Greenspan's soft landing

Traders are harking back on 1995, when Alan Greenspan led the Federal Reserve in pulling off a rare soft landing, for a playbook on trading the first interest-rate cut in four years.

2 mins

Wave of exploding pagers in Lebanon kills at least 8

Hundreds of handheld pagers exploded near simultaneously across Lebanon and in parts of Syria on Tuesday, killing at least eight people, including members of the militant group Hezbollah and a girl, and wounding the Iranian ambassador, government officials said.

1 min

Instagram rolls out privacy settings for teens

Meta Platforms is rolling out enhanced privacy and parental controls for Instagram accounts of users under 18 in a significant overhaul aimed at addressing growing concerns around the negative effects of social media.

1 min

EU chief unveils new team after long, bumpy road

Focus on industrial competitiveness, growth, defence, and climate

2 mins

A tech love-hate story

During an interview early on in his career with journalists Kara Swisher and Walt Mossberg, Mark Zuckerberg, chief executive officer of Facebook, started to sweat profusely when questioned on the issue of privacy and \"instant personalisation\".

3 mins

Challenges for a transitioning power

The asymmetry in India's domestic capabilities and global profile creates a unique tension in its foreign policy

4 mins

COP-out at Baku

New climate-funding mechanism proves inconclusive

2 mins

Tax change breathes life into FoFs

Tweak leads to spike in inflows, brings back MFS' interest in ₹84,000 cr space

2 mins

BSE halts listing of 45 cr IPO that saw ₹10K cr bids

In an unprecedented move, BSE postponed the listing of Trafiksol ITS Technologies on Tuesday after investor concerns about the company's fundamentals, balance sheet and use of issue proceeds.

2 mins

Duty hike may impact margins of consumer majors

A sharp import duty hike on edible oils palm, sunflower, and soy will significantly impact FMCG businesses.

2 mins

Sensex closes in 83K territory for 1st time, Nifty at fresh peak

Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time in a range-bound trade on Tuesday amid firm global trends ahead of the much-awaited US Fed's decision on interest rates.

1 min

BHFL vs LIC Housing: How they stack up

Bajaj Housing Finance Ltd (BHFL) continues to impress after a stellar market debut on Monday.

2 mins

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