CATEGORIES

Shriram Fin may oust UPL from Nifty, Canara may replace Bandhan in Bank Nifty

Shriram Finance (SFL) could replace UPL on the Nifty 50 index while Canara Bank is likely to replace Bandhan Bank on the 12 constituent Bank Nifty index at the semi-annual review of Nifty indices, which will take effect on 31 March.

Chinese assets, yuan, bonds expected to struggle

Skepticism over Chinese assets is spreading beyond stocks, with investors expecting the yuan and government bonds to underperform in a year when the Federal Reserve's dovish pivot is set to buoy emerging markets.

Govt's e-marketplace GMV up 75%, to touch 3.5 trillion in FY24

The gross merchandise value (GMV) of state-run government e-marketplace (GeM) may be up by 75% and touch 3.5 trillion in the current financial year, as government departments have been busy procuring goods and services through the portal, two persons said.

Crude basket price may not fall in FY25

The price of the Indian basket of crude oil is unlikely to reflect cheap Russian oil prices in the next financial year despite making up a significant chunk of India's oil imports.

More money for women in budget amid pre-poll focus

Women voters are seen as a key constituency for the BJP-led National Democratic Alliance

Nominal growth of 11.5% in budget aim

Deficit target of 5.3% for next fiscal, in journey to 4.5% by FY26

Weak demand may trim spectrum sale mop-up to ₹10K cr

Spectrum auctions coming up this year may be a tame affair compared with the record mop-up seen two years ago, two government officials aware of the matter said, given that many telcos have already stocked up airwaves and would only seek to renew licences.

Starlink gets satellite net nod, joining Jio, Bharti

Starlink, owned by billionaire Elon Musk, has been allowed to offer satellite broadband services in India, two officials aware of the development said. The department of telecommunications (DoT) has approved granting a global mobile personal communication by satellite, or GMPCS licence, to the American satellite internet company.

Tech firms' temp worker costs dip as demand falls

India's top IT services companies have finally managed to get a handle on temporary staff costs that had soared in the wake of the pandemic outbreak.

Crime, romance open new vistas for audio on web

From true crime to tales for children, audio entertainment is finding new listeners in India, widening a segment that started off with music and podcasts years ago.

India imports bull semen from Brazil to raise milk production

India has imported 40,000 doses of bull semen from Brazil for the first time to boost milk output via artificial insemination, a top official at the Brazilian embassy said.

Even Musk wants more voting power in corporate matters

For Elon Musk's bosses at Tesla, the board of directors, it can be hard to know which man might show up for work.

Former Zomato exec Gaurav Gupta launches startup

The launch comes as more consumers have turned to health & wellness products & regimes after the pandemic

220 goods to get quality norms

A large variety of products will come under the purview of the Quality Control Order norms by 22 December

Adani Group frees pledged shares worth ₹2,878 cr in Q3

The release of pledged shares can be used to repay debt, lowering its debt to equity ratio

India, US eye joint projects in the Philippines

Energy could be a potential sector for collaboration in the Philippines, as a 2022 research report supported by USAID said

Aviation industry upset over jet fuel prices, seeks tax sops

Industry executes press for policy overhaul to alleviate financial strain on the sector

Why India's path forward is likely to be different from China's

Big electronics cos like Foxconn and Pegatron have poured hundreds of millions of dollars into the country

New NBFC to ease credit for infra projects on cards

The roadmap may be unveiled in the upcoming budget, and details may be finalized next fiscal

Sony-Zee stares at end of road over disagreement about CEO

Sony Group Corp. is set to pull the plug on the proposed $10-billion merger of its India unit with Zee Entertainment Enterprises after more than two years of negotiations.

VPNs skip crypto block, hurting local exchanges

India's ministry of electronics and information technology (Meity) is yet to find a solution to local cryptocurrency users accessing global crypto exchanges via virtual private networks (VPN). The government had blocked web and app store access to Binance, Kucoin, Huobi and six other exchanges on 12 January.

Sebi to crack down on IPO mules, check AIF misuse

The chairperson said the regulator is investigating three cases of potential malpractices in IPOs

After flat Q3, HUL expects rural to follow urban lead

Muted mood in the countryside and steady demand in cities marked the December quarter for Hindustan Unilever Ltd, as India’s largest packaged goods company cut prices and amped up advertising to stay ahead of competition.

Solid Q3 growth for Jio

Reliance Jio turned out a December quarter performance in line with estimates by some brokerages, clocking 10% annual growth in revenue and 12% in net profit.

Cloud over core biz, but RIL net rises 11%

Revenue falls in oil-to-chemicals; but digital, retail shine in Q3

THE BLEEDING FLOWERS

An unusual friendship forms on a riverbank with the understanding that every story has to be heard

Asha Puthli - forever ahead of her time

Asha Puthli is having something of a late-career renaissance. Decades after the 78-year-old Indian-American singer receded into the shadows, her work has been rediscovered by a new generation of musicians and fans from the diaspora and beyond.

Artists reimagine working with clay

At the Indian Ceramics Triennale in Delhi, artists bring together ceramics with other disciplines

Building fear song by song, video by video

Kunal Purohit's debut book of non-fiction, 'H-Pop' is a searing account of how hate and paranoia are spread through pop culture

Celebrating over a century of designs by women

An ongoing show at the Met tracks the legacy of well-known as well as little-known designers from 1910 to the present day