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The biggest risk in markets is always one you can't see: Samir Arora
Uncertainty around the upcoming assembly elections, high-interest rates globally and a war in West Asia might have an immediate bearing on market prospects, but these issues won’t matter in the medium or long term, says market veteran Samir Arora, founder of Helios Capital, whose maiden equity fund is open for subscription.
Amplus, PE fund set up Hexa Climate Solutions
PE fund I Squared Capital to invest $500 mn in climate solutions platform
Govt plans to set up real-time agri supply-demand model to predict prices
The government is planning to create a real-time supply and demand model for select agricultural commodities that will help it plan and evaluate policy for a volatile market. The \"mathematical model\" will use dynamic and real-time data from high-frequency indicators and historical trends, said a government official requesting anonymity.
Slower GDP growth may hit spending
The total spending estimate for FY24 is ₹45 tn, close to a third of which is effective capital expenditure
'End-of-year deadline for India-EU FTA is unrealistic'
An end of year deadline for a free trade deal between India and the European Union is unrealistic, the 27-nation grouping’s Ambassador to India, Hervé Delphin, said in an interview.
NHAI's InvIT to raise ₹9,000 cr
The fundraising may have equal debt and equity components, with debt coming from bank loans and the sale of NCDs
Govt may ask PSUs to pay higher dividends
The government may demand higher dividend payouts from state-run companies should it miss revenue targets because of sluggish tax collections or lower-than-expected asset sale proceeds, two people familiar with the matter said.
Gentari, GIC set to invest $1.75 billion in AM Green unit
Petronas set up Gentari to accelerate the adoption of clean energy and build 40GW of clean energy capacity
Headcount at IT cos sees 1st fall in 25 yrs
Workforce shrinks at 9 of top 10 IT firms as clients cut spending
Maruti Suzuki profit soars on chip supply relief, cost savings
Maruti Suzuki India Ltd reported an 80% surge in quarterly profit, beating analysts' estimates, as the country's largest carmaker benefited from improved semiconductor supply, leading to higher car sales, and cost savings due to cooling raw material prices.
Tata to become first India iPhone maker with Wistron deal
Tata Group is set to seal a deal to become India's first homegrown iPhone maker, after Wistron Corp. agreed to sell a plant in the southern part of the country to the conglomerate.
China's ex-premier, reformer Li Keqiang dies of heart attack
China's former Premier Li Keqiang, who gained a reputation as a reformer but later found himself sidelined by President Xi Jinping, died of a heart attack just months after stepping down as the nation's No. 2 official. He was 68.
Adani Group introduces charges for private jets
Despite a warning by the airport tariff regulator on unapproved tariff, the Adani Group has introduced ‘general aviation charges’ for private jet operators at six of its airports, two people familiar with the development said.
'National security can justify higher tariffs'
India can raise import tariffs after securing intermediates supply: Virmani
Rural road construction surpasses FY24 targets
Road construction hit the 12,000km mark in first six months of the fiscal
Taj Hotel parent posts 37% rise in Q2 profit, revenue up 18%
The Indian Hotels Co. Ltd. which operates the Taj brand of hotels besides. SeleQtions, Vivanta and Ginger Hotels, reposted a consolidated net profit of ₹167 crore in the September quarter, up 37% from a year earlier. Its revenue grew 18% to 1,481 crore, while consolidated earnings before interest, taxes, depreciation and amortization (ebitda) was up 26% to ₹402 crore.
Swan pays ₹231 cr for Reliance Naval
Swan Energy Ltd, the successful resolution applicant through its SPV Hazel Infra has paid ₹231.42 crore towards the upfront payment for cash-strapped Reliance Naval & Engineering.
Cipla net soars 43% on growth in India, other key markets
The firm reported better performance in branded prescription and trade generics business
Jio, OneWeb aim for satellite broadband market in India
Jio, Vodafone seek auctions for airwave allocation, and Airtel wants non-auction allocation
The introvert's guide to hosting
There is joy in bringing people together. The real thing to guard against is the feeling of being overwhelmed, exhausted or overstimulated
Prep the most talked-about table
Bespoke catering for intimate gatherings focuses on clean eating, restaurant-style dining and a touch of drama for an unforgettable experience
Napa Valley's big little disruptor
In the perfectly ordered landscape of Napa Valley, the quirky Tank Garage winery is shaking up the status quo
DON'T SCRAP THAT PEEL, MAKE A DISH
Arina Suchde's 'NoWaste Kitchen Cookbook' offers practical suggestions and tips for a zerowaste food journey
Why not try no strings attached cash transfers?
Did you know that unconditional cash transfers giving money without strings are helpful? I ask this in full anticipation of hearing two kinds of hollow laughter. One, from people who know intuitively, or through life experience, the liberating impact of free money. Of course, free money will help you, they are bound to exclaim. Two, I expect hollow laughter from people who are coordinating it with eye-rolls at these methods of encouraging laziness.
Time to repeat that dress
Instead of applauding celebrities for repeating outfits, we should ask why they don't do it more often
The mixed zone: the rawest place in sport
Sport works at various speeds. It takes four-and-a-half seconds for Neeraj Chopra's javelin to fly takes four-and-a-half seconds for 88.88m in Hangzhou last month. Then it takes over 20 minutes for him to walk the roughly 30m of the media mixed zone. The TV guys are hogging him, the print guys are swearing, Chopra is smiling. He's a gentle hero with a word for everyone.
Adani May Raise $4 Bn For Green Hydrogen Production
Millionaire Gautam Adani's Adani Group is seeking to raise as much as $4 billion to help develop manufacturing plants that would produce low-cost green hydrogen, according to people familiar with the matter.
Shoppers go quiet, brands do a rethink
The global luxury goods industry is reassessing strategy as consumers skip loud logos and ostentatious branding
Multilingualism can be magical if it's error-free
New Delhi signboards with distorted street names may get a few laughs but they also signal a petty negligence of India's multilingual heritage-an asset that should not be trifled with
INSIDE THE SECRETS THAT PROPELLED ISRO
Behind its obvious technological achievements, the space organization was able to build a great people culture