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Business Standard

Apple rings in 35% growth in India sales to clock ₹67K cr

Apple Inc is poised to report a 35 per cent year-on-year surge in its India revenue at nearly ₹67,000 crore (a little over $8 billion) for 2023-24, according to people in the know.

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1 min  |
July 16, 2024
Business Standard

Zomato mcap reaches ₹2 trn, delivers Goyal billionaire tag

Zomato's founder and chief executive officer, Deepinder Goyal (pictured), on Monday entered the billionaire club as the food tech company's share price surged to a record high of ₹232 during intraday trade, taking its market capitalisation (mcap) beyond the ₹2 trillion mark.

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1 min  |
July 16, 2024
Business Standard

Govt may raise tax mopup estimates

Projections may increase by ₹30K-40K cr vs Interim Budget

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2 mins  |
July 16, 2024
Bear hugs to rolling tears: T20 World Cup a treat for brands
Business Standard

Bear hugs to rolling tears: T20 World Cup a treat for brands

First came the Rohit SharmaVirat Kohli bear hug that broke the internet.

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3 mins  |
July 15, 2024
Business Standard

Different faces of bank frauds

Customer education key to combating digital fraud, while improved credit appraisal, underwriting, and risk management can help contain loan fraud

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5 mins  |
July 15, 2024
Gig workers Bill: Unease among startups
Business Standard

Gig workers Bill: Unease among startups

They write to Karnataka government, claiming proposed legislation may hurt ease of doing business

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2 mins  |
July 15, 2024
Business Standard

GROWTH OR DECLINE?

Understanding non-agricultural informal enterprises

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5 mins  |
July 15, 2024
Bank CD ratio: Work to restore normalcy in system continues
Business Standard

Bank CD ratio: Work to restore normalcy in system continues

RBI wants banks to explain how they plan to bring it down but has set no specific target

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3 mins  |
July 15, 2024
The run continues
Business Standard

The run continues

Fintechs' lending business is growing but the industry must mind the warning signals, reports RAGHU MOHAN

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4 mins  |
July 15, 2024
Business Standard

Hedge price risk: Accumulate gold bonds for wedding

Use portfolio comprising equities and fixed income to accumulate corpus for other expenses

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3 mins  |
July 15, 2024
Business Standard

A plea to provide more mutual fund data

It was the 1960s and the cold war was at its peak.

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2 mins  |
July 15, 2024
'See a possibility of Nifty hitting 28,000 this year'
Business Standard

'See a possibility of Nifty hitting 28,000 this year'

The markets could rise another 10-12 per cent from current levels; however, there will be intermittent corrections - even after the Budget, predicts AMAR AMBANI, executive director at YES Securities India. In an interview with Sundar Sethuraman in Mumbai, Ambani says that given the government's robust revenue position, there won't be any disruptive tax measures in the upcoming Budget. Edited excerpts:

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2 mins  |
July 15, 2024
Business Standard

Fort Knox of finance: Where returns meet ironclad safety

Launched in March 1997, the Aditya Birla Sun Life Corporate Bond Fund has consistently ranked in the top 30 percentile of the corporate bond fund category in the CRISIL Mutual Fund Ranking (CMFR) for the past three quarters ending March 2024.

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1 min  |
July 15, 2024
Dixon's flight against valuation gravity: Can it defy the pull?
Business Standard

Dixon's flight against valuation gravity: Can it defy the pull?

Meeting lofty expectations amid pricey valuations: Litmus test for electronics manufacturing services

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2 mins  |
July 15, 2024
Business Standard

Bernie Madoff: Thoughts from the jailhouse

We don't yet have \"Madoff: The Musical,\" but years after his 2021 death from kidney disease in a federal prison hospital, Bernie the Ponzi-scheming potentate keeps yielding cultural dividends.

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3 mins  |
July 15, 2024
Business Standard

Costs & time overruns in infrastructure

Social media over the past few weeks has been flooded with news and pictures of bridges collapsing, roofs at airports crashing, newly laid expressways being washed away or developing huge cracks, and rainwater gushing through the roofs of newly built airports and railway stations.

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3 mins  |
July 15, 2024
Business Standard

Defining success

Amazon@30 has lessons for startup ecosystem

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2 mins  |
July 15, 2024
Business Standard

A marker of development

NITI Aayog index suggests progress but also raises questions

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2 mins  |
July 15, 2024
Maintaining regulatory balance
Business Standard

Maintaining regulatory balance

Besides depositors, investors in bank securities are important stakeholders, and their interests ought to be safeguarded

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4 mins  |
July 15, 2024
KP Sharma Oli becomes Nepal's PM for 3rd time
Business Standard

KP Sharma Oli becomes Nepal's PM for 3rd time

KP Sharma Oli (pictured), CPN-UML chairman and seen as a pro-China leader, was appointed Nepal's Prime Minister for a third time on Sunday to lead the new coalition government that faces the daunting challenge of providing political stability in the Himalayan nation.

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1 min  |
July 15, 2024
Business Standard

CCP to unveil reforms to halt economic slowdown as Third Plenum starts today

China's ruling Communist Party headed by President Xi Jinping will begin its four-day key economic review meeting on Monday to finalise a new set of economic reforms to revitalise the country's economy hamstrung by the persistent slowdown that has sparked concerns at home and abroad.

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1 min  |
July 15, 2024
Trump shot at―he rises with a fist pump
Business Standard

Trump shot at―he rises with a fist pump

HE IS DOING WELL, SAYS REPUBLICAN LEADER'S TEAN

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2 mins  |
July 15, 2024
'Centre, states must collaborate for global investment in India'
Business Standard

'Centre, states must collaborate for global investment in India'

MUKESH AGHI, president and chief executive officer of the US-India Strategic Partnership Forum (USISPF), in an interview with Aditi Phadnis in New Delhi, talks about the recent Lok Sabha elections, expectations from the coming Budget, changes in India's regulatory environment. Edited excerpts.

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3 mins  |
July 15, 2024
Key question on ED powers before SC's larger Bench
Business Standard

Key question on ED powers before SC's larger Bench

Should there be an additional requirement for ED officers to demonstrate the need for arrest under Section 19 of PMLA? BHAVINI MISHRA takes legal views

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3 mins  |
July 15, 2024
Financial drought strains municipal bodies
Business Standard

Financial drought strains municipal bodies

As amenities in cities ccumble amid monsoon fury, INDIWAL DHASMANA looks at finances of major civic bodies to analyse why they are underprepared perennially

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3 mins  |
July 15, 2024
Modi now has 100 million followers on X
Business Standard

Modi now has 100 million followers on X

The number of Prime Minister Narendra Modi's followers on his X handle crossed the 100million mark on Sunday, registering an impressive growth of nearly 30 million in the past three years, officials said.

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1 min  |
July 15, 2024
Tech centre of our efforts to transform, scale: Kotak Mahindra Bank MD, CEO
Business Standard

Tech centre of our efforts to transform, scale: Kotak Mahindra Bank MD, CEO

\"Technology will be at the centre of our efforts to transform and scale,\" Kotak Mahindra Bank's Managing Director (MD) and Chief Executive Officer (CEO) Ashok Vaswani said in its annual report for 2023-24.

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2 mins  |
July 15, 2024
Railways looks to get monetisation proceeds on track with ₹17K cr goal
Business Standard

Railways looks to get monetisation proceeds on track with ₹17K cr goal

Ministry may generate revenue by leasing out land parcels belonging to Indian Railways

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2 mins  |
July 15, 2024
More instructions on FTA-COO for claiming exemptions
Business Standard

More instructions on FTA-COO for claiming exemptions

The Jawaharlal Nehru Customs House (JNCH), Nhava Sheva, near Mumbai has issued revised guidelines for verification of certain details when imputers claim clearance at lower or nil rate of customs duty under various exemption notifications giving effect to preferential/free/regional trade agreements (FTA).

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2 mins  |
July 15, 2024
Mohan Yadav urges executives to raise investment in MP
Business Standard

Mohan Yadav urges executives to raise investment in MP

Madhya Pradesh chief minister Mohan Yadav joined a round table meeting and held one-on-one meetings with industrialists in Mumbai to boost investment opportunities in the state.

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1 min  |
July 15, 2024