CATEGORIES

Reverse insolvency for realty yet to take shape

Bifurcation of assets, service provisions to projects remain hurdles

Don't demonize AI, says minister after UK summit

India will build upon the landmark Bletchley Declaration on artificial intelligence it signed along with 28 nations this week at its own upcoming AI summit next month.

Govt plans sops for making small modular N-reactors

The push for nuclear—a cleaner fuel—could help India meet its ambitious net zero goals

Al firms will build principles, but it won't be easy: Mamedi

Truecaller co-founder and CEO says the spam problem is 1OOx bigger than it was 15 years ago

FPIs in exit mode as weak rupee eats into returns

The steady weakening of the Indian rupee that has eroded dollar returns is a key trigger for foreign portfolio investors (FPIs) selling in India’s cash market in the past two years, market experts and economists said. A stronger dollar and costlier oil could make it worse, and some reprieve is likely only next financial year when India’s inclusion in the JP Morgan Global Bond Index attracts $20 billion-$30 billion to government bonds.

Small cities rivalling metros in candidates heading abroad

Some of India's smallest cities are shoulder to shoulder with top metros when it comes to students and professionals seeking a future abroad, data showed.

Crypto king convicted for fraud, conspiracy in FTX

Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends.

Apple sees another record qtr in India; iPhone mkt share hits 6%

Apple Inc. on Friday reported the sixth straight record quarterly revenue from iPhone sales in India, where its smartphone market share is estimated to have touched 6%.

Zomato posts ₹36 cr profit on surge in order volume

Zomato Ltd reported a second consecutive quarter of profit, with the company’s food ordering and quick commerce businesses benefiting from strong festive season spending.

IndiGo logs ₹189 cr profit in Sep qtr on air travel pick-up

InterGlobe Aviation Ltd, which runs India’s largest IndiGo airline, clocked a net profit of ₹188.9 crore in the September quarter as air travel picked up, against a loss of ₹1,583 crore a year earlier.

Saudi sets sights on $5 billion IPL stake

Talks were held on making the IPL a $30 bn holding company

Slow travelling to enjoy the autumn in Pyrénées

Tucked away in the south-west corner of France, the Pyrénées-Atlantiques region is a perfect spot for a relaxing autumn break

Employers must get strategic about retaining good workers

Surveys show too many companies put far too little thought into it

Women in India's labour market: Address ageing for better results

The burden of unpaid care work underlying our low female labour force participation will increase as the population ages

Our challenge is to turn workers into capitalists

Hard work may well matter more than Harvard but India's multitudes must start piling up company shares if we expect to reduce the gap between wage-earners and capital-owners

Which ITR form should you use to report F&O income?

Some traders use ITR-4 which allows the benefit of presumptive taxation, others use ITR-3

Netanyahu hails advance into Gaza

Israeli forces have pushed further into Gaza City in their assault on Hamas in the north of the Gaza Strip, prime minister Benjamin Netanyahu said on Thursday, but they faced resistance from militant hit-and-run attacks from underground tunnels.

Gaza living conditions grim

Israel has blocked off all power and fuel supply, and is allowing in only a trickle of food and medicine

Developed nations not keen on $100 bn climate funding: Goyal

'India hopes to find a solution around a domestic tax to resolve the CBAM issue'

Investcorp eyes India AUM of $5 bn in five yrs

Less than 2% of Investcorp's global assets under management is in India

IBC changes over recovery of aircraft retrospective: DGCA

Regulator Directorate General of Civil Aviation (DGCA) has told the Delhi high court that it regards the corporate affairs ministry's changes regarding the recovery of leased aircraft during insolvency as retroactively applicable, a development with huge implications for the revival of Go First airline.

'Digital twins of organs can help us solve big challenges'

India's largest IT services provider Tata Consultancy Services (TCS) is building a digital twin of the heart of American marathoner Des Linden, who will participate in the New York City Marathon on 5 November.

TaMo to leverage JLR platform for premium EV play

Tata Motors Ltd's passenger electric vehicle subsidiary on Thursday said it will enter a strategic partnership with Jaguar Land Rover, the wholly-owned British luxury vehicle arm of the group, to leverage its electrified modular architecture (EMA) platform and develop its premium pure EV series, Avinya.

Adani Enterprises Q2 net profit halves to ₹228 crore

Decline primarily due to the weak performance in its key coal trading division

'Sebi role like that of a trapeze artist'

The Securities and Exchange Board of India's (Sebi) role is to maintain a fine balance between regulating and developing the markets, and protecting investor interest, comparable to a trapeze artist, a senior official said on Thursday.

Why Britannia won't cede margins

Britannia Industries Ltd's flattish volume growth during the September quarter (Q2 FY24) is a damp squib. But investors seem to be enamoured with the stellar margin show. Shares of the biscuit-maker closed 3% higher on Thursday.

Let foreign cos send SMS only, telcos say

Indian telecom service providers have sought the government's 'urgent and immediate' intervention to stop companies like Amazon and Microsoft from sending international messages to customers in India via OTT platforms such as Whatsapp and Telegram instead of the legally permitted route of text messaging or SMS.

Real money gamers may play less following GST burden

A large number of real money gamers said they are likely to play less following the decision of the government to charge a steep 28% goods and services tax (GST) on gamers.

'Al beginning to show very high-quality results now'

Every company needs to have an AI strategy, says Shailendra Singh of Peak XV Partners

'Rupee may find traction in neighbourhood before going international'

India's plans to internationalize the domestic currency are likely to find traction in its immediate neighbourhood in the first instance, as it works its way through other emerging economies, Exim Bank deputy managing director N. Ramesh said.