CATEGORIES

India Inc biggies set to invest $800 billion in a decade

S&P report also flags execution risk, and borrowing heavily for tech with unproven commercial payoff, such as green H2

SC revives Adani's ₹27K cr plan for KSK Mahanadi resolution

The Supreme Court (SC) on Monday revived the insolvency resolution process against 1,800-Mw KSK Mahanadi project (KMP) by setting aside the Telangana High Court's (HC) order that deferred the insolvency process.

PV sales growth likely to be below 5% in FY25: Siam

The flat sales of passenger vehicles (PVs) in the first half of 2024-25 came as a \"slight surprise\" for the automobile industry, but it is expecting a rebound in the second half due to the festival season, Shailesh Chandra, President, Society of Indian Automobile Manufacturers (Siam), said on Monday.

HCLTech improves guidance slightly after earnings beat

HCLTech, India's third-largest IT services company, has raised the lower end of its FY25 revenue growth guidance by 50 basis points, bolstered by increased client spending. The Noida-headquartered firm is now estimating revenue growth between 3.5 per cent and 5 per cent.

Over-reliance on AI poses financial stability risks: Das

Reserve Bank of India (RBI) Governor Shaktikanta Das (pictured) on Monday warned that while artificial intelligence (AI) and machine learning (ML) have opened new avenues for business and profit expansion in the financial sector, over-reliance on these technologies could pose risks to financial stability.

Oyo may raise $200 mn at 2x valuation of $5 bn

Fundraise to help it take over budget hotel chain Motel 6

RIL profit slips 5% in Q2 on weak fuel biz

Declines for third quarter in a row; misses Street estimates again

Ratan Tata: An Environmentalist's Homage

Our first interaction with the late Ratan Tata was not pleasant. Delhi was choking with pollution, and our campaign on the right to clean air had been launched. Diesel was a fuel that was being indicted for emissions of tiny particulate matter PM2.5. This all was new in the mid-1990s, as science was discovering how fuel and vehicle quality, when improved, would lead to an unexpected outcome of smaller particulates, which could go deep into our lungs. So, my late colleague Anil Agarwal and I wrote about the dangers of diesel. And we promptly got a defamation notice of some consequent sum of money from Tata Motors. That was when Ratan Tata had just launched his car enterprise. It was riding on the change of fuel - diesel, which would give his company an edge over the petrol variants of Maruti Suzuki and others. We were not the kind to back down. Nor was he. It was a messy battle in the highest court of the country.

PRIME MINISTER INTERNSHIP SCHEME: Over 155,000 apply within a day

Shortlist of candidates identified by Al to be shared with firms on Oct 15

Music in streaming series hits the right note

Indians first saw streaming video on YouTube in 2008. Disney+ Hotstar arrived in 2015. However, streaming shows and films truly took off only after the entry of Netflix and Amazon Prime Video in 2016. From almost nothing, the market has grown to ₹31,000 crore in advertising and pay revenue by 2023. Currently, over 524 million Indians watch streaming video, according to Comscore data. This growth is creating several opportunities and raising some challenging questions for other parts of the entertainment ecosystem.

Vendor in Somalia, account in Dubai: ISA traces cybercrime incidents

In two incidents of cybercrime in a month, India's first global outreach body International Solar Alliance (ISA) has claimed to have lost ₹3 crore when a payment to its Somalia-based vendor was found to be diverted to an imposter account, prompting the organisation to file a police complaint and issue show-cause notice to a section of its staff suspected to be involved in the incident.

PSU defaults and moral hazards

How long will the banking system bank on government ownership?

SHOP TALK

Can Reliance Retail double turnover in 3-4 years, as Isha Ambani says it will?

Use prepaid forex card abroad to avoid currency fluctuations

Pay in local currency instead of Indian rupees to circumvent dynamic currency conversion

Pension delayed? File a consumer complaint

Qazi Muhammad Ateeq was an employee of the Union Bank of India. He was compulsorily retired on May 16, 2011, but his pension benefit was inordinately delayed. Finally, an amount of ₹15,40,000 was paid on September 10, 2014.

Sharpened focus that cuts through noise to find value

FULL SPEED AHEAD: PEERS, BENCHMARKS IN THE REARVIEW

Hyundai India's growth engine roars on SUVs, capacity expansion

The carmaker's short-term gains may stall in neutral over high valuations

A revival in China?

Recent government stimulus does not solve the deeper problems

Inside Joe Biden's war room

It's not listed among the enumerated powers of the American presidency, but one of the modern expectations of the office is that Bob Woodward will write at least one book about your administration.

Water security

India must increase wastewater reuse

Small is not beautiful

India's bias against large factories is damaging

In a first, mainland native elected Macau chief executive

Former judge Sam Hou Fai (pictured) was elected chief executive-designate of China's Macau, the government said on Sunday, setting him up to be the leader of the casino-dominated area next to Hong Kong.

ECB likely to deepen global easing with rate cut

The European Central Bank (ECB) will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out just a month ago.

Led by believers in city's future, Detroit is on rebound

On a sunny Friday morning last month, Mike Duggan, the mayor of Detroit, got behind the wheel of his black Jeep Grand Cherokee to give a tour of the city he has led for 10 years.

Dubai's allure to expats strains its infrastructure

The extent of Dubai's post-pandemic rebound was on display late last month. On the same day that Africa's richest man unveiled plans to set up his family office, Santander Group became the latest firm to bolster its wealth offering in the emirate.

MLALAD fund hike in Delhi raises poll pitch

AAP govt increases the amount to ₹15 crore, the highest in India, sparking Opposition criticism over potential misuse ahead of polls, writes ARCHIS MOHAN

Israeli tanks destroy gates of peacekeeper base: UN

Netanyahu calls on the UN to evacuate troops from combat areas in Lebanon

Counting the cost of prohibition in Bihar

The alcohol ban in the state, in force for nine years now, has not impacted education spending much, but literacy outcomes leave a lot to be desired. An analysis by INDIVJAL DHASMANA

Battlefield without soldiers

There is no sign that either alliance in Maharashtra is ready with a list of candidates for the Assembly election, writes ADITI PHADNIS

QIP fundraising hits record high this year

Buoyed by bull run, 71 firms mobilise ₹88,678 crore so far