CATEGORIES

Exasperated US recruiters do have themselves to blame too

They should check if their own practices suit a tight labour market

For our world in flux: Some hard lessons in history from the 1930s

We need enlightened leadership and a new architecture for international cooperation to curb the risk of repeating past errors

Five ways founders can build enduring organizations

Brilliant ideas, energetic founders and supportive investors can help startups get off the ground.

The innovator's dilemma facing Google may well have a solution

OpenAI and Microsoft are sharpening their threat but it may be a cloud war rather than for search

COOKED IN WOOD, TEMPERED WITH TAXES

Indians have taken a liking to made-in-India single malts. But brands are struggling with supply and taxation troubles

Sitharaman Voices Concern Over Global Economic Outlook

Finance Minister Nirmala Sitharaman expressed concern about the global economic outlook in light of the International Monetary Fund’s (IMF) recent warning about the heightened risk of a hard landing for the world economy.

Policy had a heroic role in the Apple Store story

Celebrations are in the air as Apple plans its retail debut in India. Its China-plus game is a grand win for us as we vie for global value chains. Yet, its story is too special to help much

Should you buy a new car or just use ride-hailing apps?

Both have their distinct advantages but owning a car is costlier if you are to employ a driver

New Covid Cases Cross 10k; May Keep Rising For 12 Days

Three out of four infections in the latest surge are due to XBB.1.16, a sub-variant of Omicron.

US-Saudi oil pact falls apart as Russia calls the shots

Just three years ago, when Opec+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target.

Murdoch may land in court in Fox case

A verdict could be costly for Fox as the jury could award Dominion damages of about $375 million if it is found liable

SoftBank to sell almost all its Alibaba stake, says report

Japanese tech investment titan SoftBank has decided to sell nearly all of its stake in Alibaba to limit exposure to China, the Financial Times reported Thursday.

Didi unveils autonomous car in first big post-crackdown move

Didi Global Inc. rolled out an autonomous car and self-driving taxi services Thursday, outlining its first big business foray since becoming a central target of Beijing's sweeping campaign to rein in powerful tech players.

China softens stand on debt

China may drop demand that multilateral development banks take losses alongside other creditors in debt rejig

NTPC plans IPO for green energy arm, scraps stake sale plan

State-run NTPC plans to come up with an initial public offering (IPO) for its subsidiary NTPC Green Energy Ltd (NGEL) as part of its targeted ₹6,000 crore asset monetization plan for FY24.

Jindal to expand rail mfg capacity

Jindal Steel and Power Ltd (JSPL), the third largest private steelmaker in India, announced on Thursday its plans to expand its rail manufacturing capacity to 2.2 million tonnes by commissioning a new rail mill in Odisha's Angul.

After I-T, ED investigates BBC over suspected forex breaches

The Enforcement Directorate (ED), responsible for investigating financial irregularities, has launched an inquiry into alleged foreign exchange rule violations by the British Broadcasting Corporation (BBC), according to a Reuters report.

Production of coking coal up 17.2%

Coal India Ltd, the world's largest coal miner, reported a 17.2% rise in production of coking coal, helping cut on imports of the fuel that is an essential input for production of iron and steel.

SUVS top draw in PVs as auto sales climb in FY23

However, sales of entry-level cars almost halved during the period: SIAM

Tur prices up 22% in Q4, may rise further on tight supply

Tur production is likely to fall by 20-30% due to factors such as unseasonal rain in October

Zee's Goenka settles insider trading case

Punit Goenka, the managing director and chief executive of Zee Entertainment Enterprises Ltd, has settled an insider trading case with Securities and Exchange Board of India by paying ₹50.7 lakh, the media entertainment company said on Thursday.

Vivo's new ₹1,100 cr, 170-acre facility to come up in G Noida

Chinese smartphone maker Vivo will invest ₹1,100 crore to set up a 169-acre manufacturing plant in Greater Noida. The facility is likely to be operational by 2024, Yogendra Sriramula, brand strategy head for India, Vivo, said in an interview.

Capital goods stocks ride on big orders, smart execution

Improving private capex likely to sustain order flows; international queries hold out hope. KEC International has announced an all-time high order inflow of ₹22,378 crore for FY23

Kotak cites weak market to defer FoF

Kotak India Alternate Allocation Fund was set up as an AIF under Sebi regulations last year

Equity MF flows hit one-year high in March

Equity mutual funds recorded net inflows of ₹20,534.21 crore in March, the highest monthly inflows in a year, driven by record investor contributions through the popular systematic investment (SIP) plan.

As cloud over CEO lifts, AU Small Finance Bank may be set for re-rating

Until Wednesday, shares of AU Small Finance Bank (AU SFB) were nearly 21% lower than their 52-week highs seen in April last year.

Telecom tariff hikes: Difficult, but urgent

Telecom operators are likely to report dull financial results for the quarter ended March (Q4FY23) in the absence of price hikes and fewer number of days sequentially.

Dollar drops to two-month low on cooling US inflation

The dollar fell to a two-month low on Thursday after data showed US inflation slowed sharply in March, bolstering hopes that the Federal Reserve's rate-hiking campaign is either already finished or will be by May.

MediaTek open to using India-made chips

Fabless chipmaker MediaTek, which supplies chips to some of the world’s top electronics firms, said it is open to considering using chips made in India once the country’s ecosystem develops.

India, Latin America in talks to expand preferential trade agreement

India and MERCOSUR signed the PTA in 2004, which allowed New Delhi to forge closer economic ties with one of the world’s largest trade blocs.