CATEGORIES

Wilders scores shock victory

Dutch lawmaker’s prospects of leading next government will hinge on his ability to forge alliances with rivals

Drilling at Silkyara tunnel to rescue workers stopped again

Auger machine used for drilling needs to be repaired before rescue work can resume

Go First gets 90 days extension

NCLT extends resolution timeline to 4 February

Advance bookings the new marketing tool for movie makers

If you’re the die-hard, first-day-first-show cinegoer at all tentpole movies from big banners featuring superstars, you need not wait for the bookings to open less than a week before a movie’s theatrical release, to secure your ticket. You can now buy it a month in advance, sometimes even six weeks.

Tenders for ACC PLI scheme likely by Dec

The Centre is gearing up to invite tenders for advanced chemistry cells (ACC) production-linked incentive scheme with a 20-GWh capacity by December, an official in the know said.

Redington in a spot over CEO

Proxy advisors, investors object after independent director named CEO; company says the Sebi rule doesn’t apply

Big-ticket defence orders to aid Cochin Shipyard's smooth sail

Cochin Shipyard Ltd has been able to successfully ride the recent traction in defence stocks, gaining 108% over the past six months. A healthy order pipeline and better-than-anticipated Ebitda margin in the first half of FY24 has further fuelled sentiment for the stock. The growth trajectory of the state-owned shipbuilder hinges on defence orders, especially those from the Indian Navy.

A $200,000 rock NFT shows crypto is relapsing into FOMO

Earlier this month, an image of a pet rock sold for the equivalent of more than $200,000 in the non-fungible token market.

Realtors laser-focused on launches

Real estate stocks are in fine fettle and mirroring the upbeat mood is the Nifty Realty index, which has rallied by 62% so far in 2023. The reasons are simple. Demand is robust. Plus, a pause on the interest rate hiking cycle by the Reserve Bank of India has aided sentiment.

Deepfake norms target creators, social media

Govt, other stakeholders will, in 10 days, draw up ways to detect deepfakes

Finland, India discuss hydrogen electrolyzer production in India

India and Finland have discussed manufacturing green hydrogen electrolyzers in India, said Finnish minister for international trade Ville Tavio in an interview with Mint, amid Indian hopes to develop itself as a green hydrogen hub. The matter came up during Tavio's meeting with power minister R.K.Singh.

Nod for Nicobar transshipment project

The finance ministry has given its in-principle approval to plans to build international container transshipment terminal in Great Nicobar following environmental clearance for the ₹43,700-crore marque, project, two officials privy to the development said.

FM warns lenders, NBFCs of risks of over-lending

Finance minister Nirmala Sitharaman on Thursday reiterated the Reserve Bank of India's (RBI) word of caution to lenders to avoid downside risks while focussing on their core business.

MORTH seeks to end road disputes, hit building targets

Extension for eligibility for arbitration awards sought till 31 Aug 2023 instead of 31 Jan 2023

OfBusiness to raise up to $200mn, eyes $6 bn value

Chasing a valuation of $6 billion, business-to-business (B2B) marketplace OfBusiness has approached sovereign wealth funds, private equity (PE) funds and crossover funds to raise $150-200 million in a new funding round, three people with knowledge of the development said.

Seeing more bad Al regulation than good: Andrew Ng

The OpenAI fracas that played out over the past week or so will result in investors shying away from \"clever arguments for very innovative governance structures\", Andrew Ng, a British-American computer scientist and entrepreneur, and a global thought leader in artificial intelligence (AI), said.

Decriminalization fires up RoC action

Jump in orders eases load on judicial system, aids businesses

Avoid lending exuberance, tech reliance: RBI governor

Financial institutions must avoid lending exuberance, account for risks while pricing loans and not rely too much on analytics-based lending while partnering fintechs, Reserve Bank of India (RBI) governor Shaktikanta Das said.

Bringing to light Bong Joon-Ho's secret first film

A new documentary about the Parasite director's hidden debut film

India's fiscal future: Lots done also means there is more to do

Spending quality has improved. Yet, led by the Centre, the fiscal deficit must be lowered to support a new private capex cycle

Gaza: Sustainable peace should be the global aim

The agreement between Israel and Hamas to pause the war comes as a relief but enduring peace will take a two-state solution and a rational approach to clashing holy-land claims

Regulators watching all crypto founders

Changpeng \"CZ\" Zhao has become the latest in a long line of crypto founders facing potentially significant legal consequences.

CAN THE RBI SLOW INDIA'S RETAIL LENDING BINGE?

Banks are directly and indirectly giving out more and more unsecured loans

Judge finds that Tesla, Musk knew about autopilot defect

A Florida judge found \"reasonable evidence\" that Tesla chief executive Elon Musk and other managers knew the automaker's vehicles had a defective Autopilot system but still allowed the cars to be driven unsafely, according to a ruling.

Israel-Hamas to halt fighting

Hamas agreed to free 50 hostages from Gaza in return for a four-day ceasefire, release of Palestinian prisoners

Individuals, firms find wait for tax refunds is shorter: survey

CII survey says 87% individuals, 89% firms found it convenient to claim IT refunds

Barra's GM plans on rough road

The CEO has staked her leadership at GM on a multibillion-dollar plan to grow the automaker after decades of downsizing

Shleifer to don role of senior adviser at Tiger

Scott Shleifer has stepped down as head of PE biz to be part of new panel

Healthcare adverts drew most red flags in past six months

India’s healthcare sector has topped the list of violative advertisements in the past six months, making up 21% of all complaints to the Advertising Standards Council of India (Asci). According to a recent report from the self-regulatory body, the increase is linked to a rise in drug and medicine ads on digital platforms.

Indian MROs look for foreign partners as plane orders rise

They want to develop capabilities to offer comprehensive maintenance solutions to airlines