CATEGORIES

'Need to raise data tariff but no premium for 5G services'

Airtel’s managing director and chief executive Gopal Vittal advocated for higher data tariff in India. In an interview, Vittal said while India has the lowest tariffs worldwide, it would remain so, even if it raises the average revenue per user (Arpu) from ₹200 to ₹300.

Indices recover partly from Wednesday's cuts on DII buying

Benchmark equity indices rose half a percent each on Thursday, lifted by short covering and purchases by domestic institutions, day after a dramatic bout of profit-taking saw them log their worst single-day fall by percentage in two months.

ORRY'S INCREDIBLE GUIDE TO MINTING MONEY

Orhan Awatramani became a social media sensation this year. His madness has a method

Metro Brands sprints past peers

For most of the key listed footwear companies, 2023 may not be a walk to remember. Stock returns show varied movements, with Bata India Ltd and Relaxo Footwears Ltd shares down 1-2%. Campus Activewear Ltd is a laggard, having slumped by 31%.

GreyOrange secures $135 mn Series D funds

The firm will utilize the capital to advance its technology, expand globally

India, South Korea push their ties, with a wary eye on China

India and South Korea are in discussions to deepen their bilateral partnership by strengthening strategic cooperation in the Indo-Pacific.

Govt weighs splitting battery cell PLI

The Centre is considering splitting the sops as part of the production-linked incentives scheme for advanced chemistry cells (PLI-ACC) between mobility and stationary storage applications, two people in the know.

Parliament gives nod to bill on CEC, ECS' appointments

The Parliament on Thursday gave its nod to a Bill which seeks to establish a mechanism to appoint the chief election commissioner and election commissioners with Law Minister Arjun Ram Meghwal asserting that it’s in line with the Supreme Court’s directions.

Mend your nation-judging ways, CEA tells rating firms

India's credit rating is at the lowest investment grade despite improved economic metrics

US weighs raising tariffs on Chinese EVs, solar goods

The Biden administration is discussing raising tariffs on some Chinese goods, including electric vehicles, in an attempt to bolster the U.S. clean-energy industry against cheaper Chinese exports, people familiar with the matter said.

Russia oil imports rise 44% in Oct '23

Russia continued to be the top source for India’s oil imports in October, accounting for nearly 30% of the crude brought into the country, official data showed. At $3.78 billion, the value of the crude oil supply from Russia increased 44% year-on-year (y-o-y) in October from $2.62 billion in October 2022. On a sequential basis, too, crude imports from that country increased 9% from $3.48 billion in September 2023, commerce ministry data showed.

Govt plans 'responsible person' at drug cos to hold accountable

Drugmakers may soon have to identify in-house point persons for authorities to communicate with and hold responsible for breaches, a government communication showed.

Eversource Cap looks to raise $100 mn for smart meter biz

Eversource Capital is in talks with large family offices and institutional investors to raise $100 million for its smart meter platform, three people familiar with the matter said.

EV battery swap: Industry to chart way forward, not govt

The government plans to bin an earlier proposal to dictate the size and shape of electric vehicle (EV) battery packs to qualify for incentives as it leans towards an industry-led solution to encourage battery swapping.

Group insolvencies to get legal blessing

Healthier group companies may be kept out of rescue process

The Pole: JM Coetzee's irresistible late style

The novella is a miniature masterpiece, touching on mortality, language, 'anti-nationalism' and the frequently cruel nature of the artistic practice

Nourishing India: There's a clear way to achieve a healthy future

Concerted policy efforts are needed even as the country implements existing schemes to ensure nobody is left undernourished

The IMF ought to revise its opinion on the rupee

RBI should hold its ground against the Fund on exchange rate intervention. This is not a rupee-pegging game, but what works for us at today's comfort level of openness to capital

MSM Reits: How you can earn from tiny real estate holdings

Proposed fractional ownership structure allows for a minimum investment of ₹10 lakh

INDIA'S GI JOURNEY: FEW HITS, MORE MISSES

Close to 500 products have been included in India's geographical indications registry. But most are yet to make a mark

Drug cos asked to carry alert on anti-cold drug for infants

In June, govt banned 14 FDC drugs, saying that there was no therapeutic justification

Trump's political fate rests with the SC

A US Supreme Court (SC) shaped by Donald Trump is destined to play a pivotal role in determining whether he will land in prison - or return to the White House.

Xi lauds trade boom with Russia, to 'amplify' cooperation

Chinese President Xi Jinping vowed to \"amplify\" ties with Moscow during a meeting with Russian Prime Minister Mikhail Mishustin, as the two sides continue to deepen relations.

Houthis threaten to strike US warships if Yemen targeted

We'll not stand idly by if the Americans are tempted to escalate further, warns Houthi leader

Runaya to expand its portfolio, eyes mine tailings treatment biz

Mine tailings management is important, because it may hinder work at mines, and harm the environment

'Travel sector to keep soaring'

The year that’s drawing to a close saw many more young Indians flying abroad than before, a trend that Madhavan Menon, executive chairman, Thomas Cook India, expects to continue in the years ahead. In an interview, Menon spoke about visa-free travel, hotel rates and emerging trends. Edited excerpts:

India's auto parts makers' HIFY24 sales up at ₹2.98 tn

As per Acma, the country's apex body of auto parts makers, exports of auto components grew by 2.7%

Govt plans lower stake sale target in FY25, no big names

RINL may join FY25's divestment candidates including Concor, IDBI Bank, Shipping Corp

Dual delight: Theatres set to cash in on the Yuletide box office clash

Shah Rukh Khan’s Dunki and Prabhas’ Telugu film Salaar are gearing up for a box office clash this weekend during the Christmas holidays. While this may spark a screen tussle in select markets, theatres across India expect to end the year on a high note considering that the two films target different demographics.

Sebi tweaks online arbitration process

The Securities and Exchange Board of India (Sebi) on Wednesday tweaked the framework with respect to online resolution of disputes in the securities market to provide clarity on certain aspects.