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Business Standard

Adnoc to work with Microsoft to push AI in energy sector

UAE energy giant Adnoc will apply highly autonomous agentic artificial intelligence in the energy industry for the first time, in partnership with G42, Microsoft and AIQ, its CEO Sultan Al Jaber said on Monday at an industry event in Abu Dhabi.

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1 min  |
November 05, 2024
Nothing wrong in PM's visit to my residence for Ganpati puja: CJI
Business Standard

Nothing wrong in PM's visit to my residence for Ganpati puja: CJI

Chief Justice of India (CJI) D Y Chandrachud on Monday said there was \"nothing wrong\" in Prime Minister (PM) Narendra Modi's visit to his residence on Ganpati Puja and underscored the need for a \"sense of maturity in political sphere\" on such issues.

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1 min  |
November 05, 2024
Modi reaches out to tribals, women in 1st J'khand rally
Business Standard

Modi reaches out to tribals, women in 1st J'khand rally

Accuses ruling Jharkhand Mukti Morcha-led government of corruption

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3 mins  |
November 05, 2024
Business Standard

State steps up efforts to attract investment in mining sector

The Rajasthan government has announced measures to attract investment in the mining sector ahead of the 'Rising Rajasthan' Global Investment Summit 2024 to be held here from December 9 to 11, said a senior mining department official.

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1 min  |
November 05, 2024
Business Standard

Govt partners NTPC to float solar power plants

Uttar Pradesh is planning to set up floating solar power plants in partnership with top energy players, including National Thermal Power Corporation (NTPC), to expand its renewable energy inventory.

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1 min  |
November 05, 2024
Niva Bupa sets band of ₹70-74 for ₹2.2K cr IPO
Business Standard

Niva Bupa sets band of ₹70-74 for ₹2.2K cr IPO

Standalone health insurer Niva Bupa Health Insurance, which is set to go public through a ₹2,200-crore initial public offering (IPO), has set a price band of ₹70-74.

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1 min  |
November 05, 2024
Govt invites applications for post of RBI deputy governor
Business Standard

Govt invites applications for post of RBI deputy governor

The government has invited applications for the post of deputy governor of the Reserve Bank of India (RBI) from interested candidates with at least 25 years of experience and below 60 years of age as on January 15, 2025.

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1 min  |
November 05, 2024
Foreign investors turn net sellers of debt in Oct
Business Standard

Foreign investors turn net sellers of debt in Oct

Foreign investors were net sellers of domestic debt in October for the first time since the official inclusion of Indian government bonds in the JP Morgan bond indices, with net outflow worth ₹4,697 crore.

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1 min  |
November 05, 2024
₹ falls to new low on FPI selloff, rise in crude oil prices
Business Standard

₹ falls to new low on FPI selloff, rise in crude oil prices

The rupee fell to a new low of 84.12 a dollar on Monday as foreign investors sold domestic equities, offsetting the strength in Asian peers, said dealers.

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1 min  |
November 05, 2024
Business Standard

Incremental C/D ratio lowest in 30 mths

The incremental credit-deposit (CD) ratio of the banking system has moderated to 77.7 per cent—lowest in nearly 30 months—as bank credit growth slowed down to 11.5 per cent in the fortnight ended October 18 and deposit growth outpaced credit growth at 11.7 per cent, according to Motilal Oswal's research report.

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2 mins  |
November 05, 2024
Business Standard

NTPC, ONGC join hands to promote new energy sector

Leading public sector undertakings (PSUs) NTPC Limited and Oil and Natural Gas Corporation (ONGC) on Monday announced the formation of a 50:50 joint venture company (JVC) to further promote their interests in the renewable and new energy arena.

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1 min  |
November 05, 2024
Adoption of new audit rules on agenda
Business Standard

Adoption of new audit rules on agenda

The next board meeting of the National Financial Reporting Authority (NFRA) will be held on November 11-12.

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1 min  |
November 05, 2024
Manufacturing PMI edges up in October on sales, new orders
Business Standard

Manufacturing PMI edges up in October on sales, new orders

After an eight-month low, growth in India's manufacturing sector revived at the turn of the third quarter of the current financial year as output accelerated, driven by faster increases in total new orders and international sales, according to a private business survey released on Monday.

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1 min  |
November 05, 2024
Govt introduces royalty rates for key minerals
Business Standard

Govt introduces royalty rates for key minerals

Move comes ahead of the first offshore mineral auction

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2 mins  |
November 05, 2024
Business Standard

JC Flowers ARC seeks bids to sell ₹2,613 cr of loans

JC Flowers Asset Reconstruction Company, acting as a trustee of JCF YES Trust, is seeking bids to sell ₹2,613 crore of outstanding retail and SME loans through a Swiss auction, which has been prompted by an anchor bid of ₹237.5 crore.

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1 min  |
November 05, 2024
Business Standard

B'desh fast-tracks payment to Adani

Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a November 7 deadline set by the firm, which has cut electricity exports to Bangladesh by more than half, two senior government officials said.

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1 min  |
November 05, 2024
On a high: John Distilleries mulls ₹600 crore plant in Karnataka
Business Standard

On a high: John Distilleries mulls ₹600 crore plant in Karnataka

Bengaluru-based John Distilleries Limited (JDL) is considering a 30-acre plant in Karnataka with an investment of about ₹600 crore, following the expansion of its Goa facility.

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2 mins  |
November 05, 2024
Business Standard

Bharti Telecom raises ₹11,150 crore via bonds

Company to use the proceeds for investing

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2 mins  |
November 05, 2024
Swiggy eyes 100 mn users, each ordering 15 times a month
Business Standard

Swiggy eyes 100 mn users, each ordering 15 times a month

Food delivery giant anticipates strong growth in next decade

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3 mins  |
November 05, 2024
Maruti targets 2x exports by end of decade
Business Standard

Maruti targets 2x exports by end of decade

EVs to play a key role in touching 800K mark in export by FY31

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2 mins  |
November 05, 2024
Business Standard

Analysts cautious after Sun Pharma drug launch hits legal hurdle in US

Sun Pharma's plans to launch Leqselvi, a drug for alopecia areata, in the US have been put on hold after a court there granted a preliminary injunction in favor of Incyte Corporation.

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1 min  |
November 05, 2024
2W sales soar in October; TVS, Hero lead the charge
Business Standard

2W sales soar in October; TVS, Hero lead the charge

Festival demand boosts domestic sales by up to 26%; Bajaj figures decline

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2 mins  |
November 05, 2024
India Inc sends mixed signals on H2FY25 capex path
Business Standard

India Inc sends mixed signals on H2FY25 capex path

MUTED PLANS

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2 mins  |
November 05, 2024
Business Standard

Sensex trailing P/E falls to 12-mth low

The latest correction in the Indian markets has led to a sharp decline in equity valuations in the country.

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2 mins  |
November 05, 2024
Reliance Jio IPO set for 2025, could be India's biggest
Business Standard

Reliance Jio IPO set for 2025, could be India's biggest

Billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit's initial public offering (IPO) much later, two people familiar with the matter said.

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2 mins  |
November 05, 2024
US poll uncertainty roils mkts
Business Standard

US poll uncertainty roils mkts

Benchmark indices nosedive 2% - most in a month - before recouping half the losses

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2 mins  |
November 05, 2024
Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?
Business Standard

Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?

Battle lines are drawn in a hard-fought election in the US, the outcome of which will be known this week. However, analysts say global financial markets have already begun preparing for Donald Trump's victory.

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2 mins  |
November 04, 2024
Business Standard

Himalayan glacial lakes expanded 10.81% from 2011 to 2024: Govt

Glacial lakes and other water bodies across the Himalayan region saw a 10.81 per cent increase in area from 2011 to 2024 due to climate change, signalling a heightened risk of glacial lake outburst floods (GLOFs), according to a government report.

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1 min  |
November 04, 2024
Business Standard

India rises as global player in petroleum, sugar exports

SURGING MARKET SHARE IN 5 YEARS

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1 min  |
November 04, 2024
Business Standard

Bollywood's tall storey: Mega deals drive real estate boom

Bollywood's influence extends beyond films. The industry's top stars are known for their larger-than-life roles both on and off screen.

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2 mins  |
November 04, 2024