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Zomato serves a turnaround recipe
INCREASING THE FREQUENCY AND SIZE OF ORDERS IS THE KEY TO PROFITABLE GROWTH
Cong trying to run each other out: PM
TAKING A CUE from the cricket fever gripping the nation, Prime Minister Narendra Modi on Sunday said the Congress government in Rajasthan was like a team whose batters spent the last five years trying to run each other out.
Five-point action plan to rescue trapped workers
UTTARKASHI TUNNEL MISHAP: DAY 8
UK seeks higher protection for GI products in FTA discussions
THE UK'S DEMAND of a higher level of protection for its GI products from the agriculture sector under the proposed free trade agreement (FTA) with India remains an unresolved issue as the talks for the pact are on to iron out differences, an official said.
Rice stocks likely to surge to twice the buffer limit
THE CENTRE IS likely to have a huge surplus of rice stocks by the end of current procurement season 2023-24 (October-September), if steps to offload grain are not initiated soon. This could jack up the food subsidy expenditure, given the rising costs of grains storage and potential losses from damages.
Food subsidy outlay likely to rise 7% to ₹2.3 trn for FY25
MSP, INCREMENTAL EXPENDITURES MAJOR FACTORS
Why D2C brands are going offline
DIRECT-TO-CONSUMER (D2C) BRANDS, which were born on the internet and made a mark there, are now rapidly launching exclusive retail stores and selling through modern trade and neighbourhood stores. Mamaearth, Nykaa, Sugar Cosmetics, Bombay Shaving Company, Boat and Boult are only a few examples of digital-first brands that have migrated offline.
GST net widening for real estate companies
THE DIRECTORATE GENERAL of GST Intelligence (DGGI) is understood to be sending notices to various real estate companies, demanding that GST be paid for a clutch of transactions among group companies or joint venture partners. The move is seen as part of a strategy to widen the tax net for the sector.
loT stack on lines of Aadhaar in the works
TCS-Tejas team has already developed 4G, 5G stack
At the finals, there will be lots more to watch beside cricket
THE WORLD'S BIGGEST cricket stadium is now the setting for Indian cricket's global domination moment. If this World Cup's most imperious team takes down five-time World Champions Australia, it will be the perfect finish for the hosts. Indian cricket has administrative and financial muscle but the coveted ICC trophies has eluded them for more than a decade. Ahmedabad could see India ticking the final big box.
OpenAI ousts Altman after differences over AI safety
Board says it had lost confidence in Altman’s leadership
Why vultures might be the smartest birds
KENYA, THE FEMALE VULTURE, hopped onto a tree stump in the middle of their outdoor enclosure at the Maryland Zoo. Shredder, the male vulture, hopped onto another stump nearby.
Different states, different strokes
The BJP is on a weak wicket in the five elections. It is a serious challenger only in three states (Chhattisgarh, Madhya Pradesh and Rajasthan) and there is no third party to split the anti-BJP vote. If the BJP loses two out of the three states, its score will be one and will be labelled the loser. The Congress is a serious contender in all the five states
The man from the mohalla
FICTION WRITING IN English is on an all-time high in the subcontinent. Last year, Sri Lankan author Shehan Karunatilaka won the Booker Prize for The Seven Moons of Maali Almeida, a haunting account of life during the civil war.
Straight from the heart
Prahlad Kakar’s memoir pulls no punches, as the adman goes down memory lane with candour
Bon appetit
How patisseries are introducing Indian consumers to authentic French flavours beyond croissants quiches
Maruti gets nod from shareholders to fully acquire Suzuki Motor Gujarat
MARUTI SUZUKI INDIA on Saturday said its shareholders have approved the proposal to issue shares on a preferential basis to Suzuki Motor Corporation (SMC) as consideration for a related party transaction for the acquisition of 100% stake in Suzuki Motor Gujarat.
Sebi orders Jakraya Sugar, its directors to refund money collected from investors
SEBI HAS DIRECTED Jakraya Sugar and its directors to refund the money collected from investors without complying with the regulatory norms.
Gems, jewellery exports decline 11.49% in Oct
INDIA'S OVERALL GEMS and jewellery exports declined by 11.49% to ₹22,873.19 crore ($2,748.01 million) in October, according to the Gem and Jewellery Export Promotion Council (GJEPC) data.
RCap gets RBI approval; now needs nod from NCLT, SC, IRDAI
‘Letter of urgency’ petition pending in Supreme Court
Favouritism allegations ploy to delay Dharavi project: DRP
ADANI GROUP-HELMED Dharavi Redevelopment Project (DRP) on Saturday refuted allegations of favouritism in the issue.
No gatecrashing; just buy a ticket to become a baraati
THE INDIAN WEDDING industry might be second-biggest in the world after the $70-billion American one, but the $50-billion Indian extravaganza beats any other in its pomp and splendour.
Small hatchback sales see a slump
ON AN OVERALL basis, sale of passenger vehicles may be growing at a great speed, but those of small hatchback cars are seeing a sharp decline.
Deepfake: Govt to meet tech cos
WITH AN INCREASE in instances of deepfake videos over social media platforms, the government is expected to meet companies such as Google, Meta,and others in the coming days, IT minister Ashwini Vaishnaw said on Saturday.
IT HARDWARE PLI 2.0: Dell, HP, Foxconn among 27 to get nod
HAS THE GOVERNMENT approved applications of 27 companies, including Dell, HP, Lenovo and Foxconn, among others, of the 40 proposals it received under the ₹17,000crore IT hardware production-linked incentive scheme, communications and IT minister Ashwini Vaishnaw said on Saturday. The companies will manufacture laptops, servers and personal computers (PCs) as part of the scheme and will collectively invest ₹3,000 crore.
Can India be the new Australia of cricket?
India has blended immense skill and big-time personalities to capture everybody's imagination, just like the Aussies used to in their pomp
OpenAI ousts Altman after clashes over money issues
OPENAI, THE PIONEER of widely used tools that generate specialised digital content from simple prompts, ousted its co-founder and chief executive officer Sam Altman and lost another senior executive after a series of escalating disagreements over fundamental questions at the heart of artificial intelligence: How to keep the technology safe while also making money from it, reports Bloomberg.
Citi to tie up with Indian bank to fund women biz owners
CITIGROUP INC. PLANS to unveil a partnershipwith a bank in India to fund female small-business owners in th country, part of its financing work for enterprises including automakers and parts supplers across Asia, Central America and elsewhere.
The RoHit idea: Put rival attack to the sword at the very beginning
THE IDEA OF him ditching self-preservation for the high-risk, high-reward approach at the top of the order for the World Cup was proposed by the Indian captain Rohit Sharma himself during a team meeting after the Asia Cup earlier this year. It is learnt that Rohit wanted to put bowling attacks to the sword as far back as last year's T20 World Cup in Australia, but it didn't come off.
HIKE IN RISK WEIGHT: NBFCs likely to feel more heat than banks
THE RESERVE BANK of India's (RBI) move on Thursday to increase risk weight on banks and non-banking financial companies' (NBFCs) unsecured personal loan and credit card portfolio would likely hit the capital adequacy ratio (CRAR) of NBFCs more than that of banks, experts say.