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Airline CEOs flag Pratt engine issues ahead of peak season
Long turnaround times at workshops and shortage of engines are aggravating the issue
Investors fret over e-pharma policy
The Centre's decision to ban the sale of medicines by online pharmacies has rattled investors, as the move could result in the closure of the firms.
Air India readies 8-10% pay hike on rising competition
Pilots, cabin crew to gain first as Tata Group wants to prevent talent from leaving airline
Weather adds to challenges for farm chemicals makers
Unseasonal rains, El Nino warning compounds uncertainties for agrochemical manufacturers
Vi may shut shop on delays in fundraising, tariff hike: Kotak
Vodafone Idea or Vi stares at a bleak future, including the possibility of \"shutting shop\" due to factors triggered by heightened competition, a domestic brokerage said on Monday. It also expects telecom companies to start hiking tariffs only after general elections in June 2024 as inflation stays above RBI's upper tolerance level.
Margins, the bright spot for FMCG
While FY24 is expected to be the year of margin expansion for fast-moving consumer goods (FMCG) companies, the extent of recovery would vary. This is because of the different raw material baskets that companies have.
'India's EV sector ready to take off on its own'
The timing for climate-tech-focused investments is ripe for market adoption with potential to grow 2-3 times of India’s GDP over the next 5-7 years, said Raj Pai, one of the founders and managing partner at GEF Capital Partners.
India prepares to develop any kind of vaccine within 100 day
India is working on a pandemic preparedness program that will enable it to develop any kind of vaccine within 100 days. The Ind-Coalition of Epidemic Preparedness Innovations (CEPI) program has been initiated by the department of biotechnology.
India's heat action plans fail in vulnerability assessments
HAPS are primary policy response to economically damaging and life threatening heat waves.
More Indians fly premium, business classes as pandemic ebbs
As travel resumes normalcy after the pandemic, several tour operators and airlines are reporting that demand for business and premium economy tickets has risen compared with the pandemic and pre-pandemic period.
First Citizens buys much of failed Silicon Valley Bank
First Citizens Bancshares Inc., one of the nation's largest regional banks, is buying big pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.
Coca-Cola to bet on rural demand for chilled drinks
Coca-Cola Co. is investing significantly in India along with its bottling partners, a top company executive said, as rural electrification and falling poverty open up new markets for its beverages in the country’s vast hinterland.
'Lender must hear borrower before listing a/c as fraud'
The Supreme Court on Monday upheld a Telangana high court order from December 2020 that said a borrower must be given a hearing by the lender before an account is classified as fraud.
Govt may sell Balco stake next fiscal yr
More than two decades since the privatization of Bharat Aluminium Co. (Balco), the Union government is preparing to sell its remaining stake in the company in the next fiscal year, two people aware of the development said.
EU near rules for emission-free cars by 2035 after German deal
After a month of wrangling, the European Union is set to finally agree on landmark rules that will require new cars to have zero emissions after 2035, marking an effective end to the era of combustion cars.
Lenders to proceed with RCap auction
Round 2 likely next week despite Hinduja retracting revised bid
What makes office work feel more meaningful to you?
In TomorrowMind, the authors provide tips and tricks on how to succeed in the uncertain future of workplace
Your quiet worker might be the most valuable
They are frequently misunderstood as timid or unassertive. But they can make for successful leaders, great listeners and creative workers
The US subscription economy is overstretched and may snap
Subscriptions for just about everything are simply not sustainable
Banking turmoil in the West has placed India at a fork in the road
Lower growth and inflation are now more likely and this calls for Indian policy preparedness against emerging global risks
Business concentration may pose inflation risks
Viral Acharya has flagged a plausible problem of pricing power wielded by India's 'big five' groups but our inflation-targeting central bank must go by its regular monetarist toolkit
Here are four rules investors need to comply with in April
Starting April, mutual fund (MF) investors need to adhere to several new compliance requirements.
Debt mutual funds are no longer more tax-efficient than bank FDs
Capital gains on investments made after 31 March in debt MFs to be taxed at investors' income tax slab rate
WHAT'S BEHIND THE GROWING GLITTER OF GOLD
In an easy money world, gold remains a good investment
Credit Suisse faces threat of probe
Finma has come under scrutiny for whether it should've done more to prevent Credit Suisse's collapse
RevFin aims 2 mn EVs in 5 yrs
Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh vehicles in the next five years, with an aim to grow three to four times every year, according to its chief executive & founder Sameer Aggarwal.
Lexus India looks to expand customer base to de-risk biz
Luxury carmaker Lexus is looking to expand its customer base in India, enhance sales infrastructure as part of its strategy to grow sales in the country which is expected to see the premium segment return to pre-covid levels this year, according to a top company official.
No mass layoffs at Flipkart: Raghavan
Flipkart is not among the companies that hire thousands and then lays off people to reduce headcount, said chief people officer Krishna Raghavan.
Govt eyes ₹3k cr from sale of former AI units
Alliance Air sale unlikely this year as govt does not see much appetite for it
'The Spy Universe is going to be a big focus area for Yash Raj Films'
Following a series of box office flops in 2022, since the reopening of theatres post-covid, Yash Raj Films, one of the oldest and reputed studios in India, has finally tasted success with action drama Pathaan and is now increasingly focusing on the spy universe and franchise films, chief executive Akshaye Widhani said in an interview.