CATEGORIES

Global Al policymakers may need a hubris check

Orders and declarations on artificial intelligence have come thick and fast lately, with the UK's Bletchley Park back in the arc-lights, but AI is far too complex for snappy regulation

How equity funds leverage a few good months for outperformance

Despite market volatility, people should stay invested for the long term to benefit from such outperformance

NEW LOTTERY: THE HUMAN COST OF F&O TRADE

Influenced by 'experts', retail traders are flocking to derivatives trading. Most lose their money

Blinken pays visit to West Bank

Blinken said the US was committed to getting aid into Gaza and restoring essential services in the region

Climate talks reach framework to help vulnerable countries

World Bank will host a new Loss and Damage Fund on an interim basis for four years

Regional films defy the odds, achieve greater success

Despite the recent dominance of big-budget Hindi and South Indian cinema, such as Jawan and Jailer, lesser regional film industries, including Punjabi and Marathi are showing signs of a resurgence.

'Corporate lending to rely on borrowers' track record'

Indian corporations have become more prudent in their approach to take on debt for new projects, leading to more caution towards fresh investments. In India, JP Morgan, the world’s largest bank by market cap, said clients are becoming more aware of their debt obligations, prodded by regulatory changes. JP Morgan’s senior country officer for India and vice-chair of the Asia Pacific Kaustubh Kulkarni said in an interview that the bank would look at track record of companies to fund their expansion plans. Edited excerpts:

War of words between BoB, ex-CDO over app

CEO Chand says CDO Handa was dismissed; Handa says he quit on his own

JSW Infra targets 50% external biz

Around 36% of overall volume from third-party customers in Sep qtr

Speed-breaker in sight for TaMo's JLR?

Tata Motors Ltd’s (TaMo’s) British subsidiary, Jaguar Land Rover Automotive Plc (JLR) has come a long way—from failing to meet the margin target in FY23 to raising the guidance in FY24. Recall that in FY23, JLR had clocked an Ebit (earnings before interest and tax) margin of 2.4%, lower than the 5% guided when the year began. For FY24, it has raised Ebit margin target to 8% from 6% plus earlier.

Delhi's EV plan a risk to IGL volumes

City gas distributor Indraprastha Gas Ltd (IGL) should sail through this financial year, but it is the next one that looks tough in the face of the Delhi government’s push for faster transition to electric vehicles (EVs). IGL’s management has clung to its exit volume guidance of nine million metric standard cubic meters per day (mmscmd) for FY24. The current volumes are 8.5 mmscmd. The management did not give a target for FY25 as there was a lack of clarity on the impact of the proposed EV policy.

Margin sparkles for Titan in Q2

Titan Co. Ltd has so far managed to shield itself from the general demand slowdown. The firm’s pre-quarter update for the three months ended 30 September (Q2 FY24) had shed light on revenue and operational performance. The jewellery business stayed resilient, clocking 19% year-on-year growth in revenue excluding sale of bullion, which is nothing to sneeze at.

IBM India sales bounce back after long slump

For five straight years, its revenues declined and profits fell even more

GreenLine to invest 5,000 cr to acquire LNG trucks for green logistics

Green mobility solutions provider GreenLine is planning a big-ticket expansion of its two-year-old logistics services operations, investing about ₹850 crore to add 1,000 liquefied natural gas (LNG) trucks to its fleet in this financial year.

Govt may not table telecom bill this year

The government is unlikely to table the draft Indian Telecommunications Bill for Parliament’s approval in the upcoming winter session, said two people familiar with the development.

Viability support for pump storage projects on cards

Fiscal support for PSP is being considered as storage systems are highly capital-intensive

Streaming growth slows after boom

The explosion in streaming video fuelled by the covid pandemic has cooled to a sedate pace as new entertainment options open up and cities get saturated with OTT subscriptions.

OMCs to absorb crude oil shocks

The Indian public may be spared fuel price hikes despite the war in West Asia stoking crude price volatility, two people aware of the matter said. State-run oil marketing companies (OMCs) are expected to absorb the higher costs, even as they face under-recoveries in selling fuel.

PSF runs dry; DoCA to seek ₹5,400 crore

The department of consumer affairs (DoCA) plans to approach the Union finance ministry for about ₹5,400 crore for its price stabilization fund (PSF) to procure onion and pulses in the rest of the financial year, a government official said.

Pristyn Care audit spots 'weaknesses' in internal controls

The latest financial audit of Pristyn Care spotted “material weaknesses\" in its internal controls but was satisfied that the healthcare unicorn presented a “true and fair view\" in its financial statements, two people aware of the matter said.

Incumbents' e-2-wheeler market share on the rise

Startups lit the spark in India’s electric two-wheeler revolution, but traditional internal combustion engine era leaders such as TVS Motor Co. Ltd and Bajaj Auto Ltd are swiftly closing the gap on startups such as Ola Electric, though it still retains the top position.

A whiff of rose, and marigold

With the festive season here, I have been checking out what tea folks have been making. Because festivals and Diwali in particular-are a time when they showcase their creative best. My limited research shows rose teas are trending, with marigold coming close.

A story of love, loss and laughter

Naseeruddin Shah's Motley opens the new edition of the Prithvi Theatre Festival with Old World’

Upasana Taku - THE INCLUSIVE PATH

The co-founder of MobikKwik on financial inclusion and underserved markets, their vision for the future, and living with competition

A requiem for lost languages

Manish Pushkale pays tribute to lost languages through his immersive installations, currently on view in Paris

ON THE QUEST FOR BRAZILIAN CACHAÇA

Travelling to the picturesque town of Paraty to meet witch’ Maria Izabel at the home of a legendary distilled spirit

How pets help children

Pets can instil a sense of responsibility in children and have a positive impact on their social, emotional development

The relevance of Persepolis' today

Every page of Marjane Satrapi's memoir of growing up in Iran, written 20 years ago, still wrenches a reaction

NEW ON SCREENS

The madcap humour of Minions’, a rare crime comedy with women at the helm debunking stereotypes, and other things to watch

Rural demand slows down for FMCG

Consumer goods companies pointed to sluggish recovery in rural demand in the September quarter and said demand will improve “gradually\" even as urban markets charged ahead helping companies lift quarterly volumes.