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Business Standard

Analysts divided on GAIL's prospects; limited fresh gains in the offing

While most analysts are expecting poor results from oil marketing companies (OMCs) in the first quarter of 2024-25 (Q1FY25) and even in the first half (H1) of FY25, GAIL (India) could be an outlier.

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2 mins  |
July 10, 2024
Business Standard

Sebi seeks feedback on Reit, Invit rule changes

Securities and Exchange Board of India (Sebi) on Tuesday said it has sought public views on the proposed amendments to the master circulars for real estate investment trusts (Reits) and infrastructure investment trusts (Invits).

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1 min  |
July 10, 2024
Business Standard

HDFC MF to halt new SIPs in Defence Fund

HDFC Mutual Fund (MF) has announced that its Defence Fund will stop accepting fresh systematic investment plan (SIP) registrations from July 22.

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1 min  |
July 10, 2024
Budget: Capital gains tax rejig on share sale may dent markets
Business Standard

Budget: Capital gains tax rejig on share sale may dent markets

Any changes to the capital gains tax structure especially a tax hike on the sale of stocks of listed companies could trigger a market correction, according to analysts, who want Finance Minister Nirmala Sitharaman to maintain a status quo in this matter in her Budget on July 23.

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2 mins  |
July 10, 2024
Maruti drives market euphoria
Business Standard

Maruti drives market euphoria

Nifty hits fresh high; Sensex jumps over 300 points as M&M, Tata Motors also rev up gains

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2 mins  |
July 10, 2024
MF AUM tops ₹60 trn on record inflows
Business Standard

MF AUM tops ₹60 trn on record inflows

Industry adds last 10 trillion in just six months

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2 mins  |
July 10, 2024
Business Standard

Gaming industry 'naturally inclined' to Make in India: Federation CEO

The domestic gaming industry is unique and \"naturally inclined\" to the government's Atmanirbhar Bharat, or self-reliant India campaign, said Anuraag Saxena, chief executive officer of E-Gaming Federation (EGF), on Tuesday.

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1 min  |
July 10, 2024
Video game studios seek distinction from RMG rivals
Business Standard

Video game studios seek distinction from RMG rivals

In a letter to the Prime Minister's Office (PMO), a consortium of over 70 Indian video game studios, including Outlier Games, SuperGaming, and Newgen Gaming, has asked for the creation of a comprehensive policy for the gaming industry that differentiates video games from real-money games.

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2 mins  |
July 10, 2024
Food services may grow at 8.1% CAGR till 2028
Business Standard

Food services may grow at 8.1% CAGR till 2028

Sector projected to grow to ₹7.76 trn from ₹5.69 trn currently: NRAI

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2 mins  |
July 10, 2024
Gas plan caught in regulatory minefield
Business Standard

Gas plan caught in regulatory minefield

New Delhi's ambitious targets to clean its air by decarbonising energy sector will be underpinned by its success in building nascent natural gas segment

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4 mins  |
July 10, 2024
Business Standard

World wars in Retailville

The foundation of Clash is an ☐ world's largest retail company, account of how the journey of the Walmart, was disrupted by e-commerce behemoth Amazon.

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4 mins  |
July 10, 2024
Business Standard

Hope & scepticism in Iran

A reformist becoming President will test the nation

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2 mins  |
July 10, 2024
Business Standard

Enabling farmers

New policy on FPOS should improve returns

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2 mins  |
July 10, 2024
Business Standard

Media's window problem

Every year, there are a few months when the death knell of the film business is sounded.

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4 mins  |
July 10, 2024
Focus back on raising revenue
Business Standard

Focus back on raising revenue

With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options

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4 mins  |
July 10, 2024
Saudi Arabia to lure ultra-luxury travellers with palace stays
Business Standard

Saudi Arabia to lure ultra-luxury travellers with palace stays

In the south of Riyadh, nestled into downtown streets steeped in rare desert greenery, sits a 365,000 square-foot palace once lived in by King Saud bin Abdulaziz, the second ruler of modern Saudi Arabia.

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3 mins  |
July 10, 2024
French Left bloc wants to rule but centrists demand a role
Business Standard

French Left bloc wants to rule but centrists demand a role

French political leaders from the Left-wing that came first in Sunday's legislative election said they intended to govern according to their tax-and-spend programme, but centrists laid claim to a role as the left lacks a majority.

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1 min  |
July 10, 2024
More good data to strengthen case for rate cut: Powell
Business Standard

More good data to strengthen case for rate cut: Powell

Federal Reserve Chair Jerome Powell said \"more good data\" would strengthen confidence that inflation is moving down toward the US central bank's 2 per cent target, and recent readings point to \"modest further progress\" on prices.

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1 min  |
July 10, 2024
Rolls-Royce offers engines for Zorawar LT, futuristic fighter jet
Business Standard

Rolls-Royce offers engines for Zorawar LT, futuristic fighter jet

To conform to India's Atmanirbhar Bharat initiatives, a growing number of aerospace and defence original equipment manufacturers like RollsRoyce are establishing defence production facilities in India.

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2 mins  |
July 10, 2024
Business Standard

In the making: One-stop portal for MSME queries

The central government is working on a web portal, Udyami Bharat, where entrepreneurs of micro, small, and medium enterprises (MSMEs) can access details of all schemes related to the sector run by different ministries, a senior government official privy to the development said.

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1 min  |
July 10, 2024
Modi to Putin: No solution possible in battlefield
Business Standard

Modi to Putin: No solution possible in battlefield

PM addresses Indian community, announces two more consulates

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2 mins  |
July 10, 2024
Business Standard

Canara Bank plans to raise ₹10,000 cr via infra bonds

Public sector lender Canara Bank plans to raise up to ₹10,000 crore through infrastructure bonds for lending to projects in areas like roads, power and ports, among others, this financial year (FY25).

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1 min  |
July 10, 2024
Ghosh hangs up boots as Bandhan Bank MD & CEO
Business Standard

Ghosh hangs up boots as Bandhan Bank MD & CEO

Chandra Shekhar Ghosh on Tuesday ended his nearly nine-year tenure as the managing director and chief executive officer (MD & CEO) of Bandhan Bank.

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1 min  |
July 10, 2024
Business Standard

ONGC unveils ₹2 trn net-zero plan

As part of its net-zero emissions road map, state-owned Oil and Natural Gas Corporation (ONGC) plans to offset 9 million tonnes (mt) of carbon dioxide (CO2) equivalent emissions (tCO2e) by 2038 at a total cost of ₹2 trillion.

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1 min  |
July 10, 2024
Mechanisation, better logistics catalyst for record coal stock'
Business Standard

Mechanisation, better logistics catalyst for record coal stock'

From a coal shortage two years ago to surplus stocks with power plants across the country, coal availability in India has improved significantly. P M PRASAD, chairman and managing director of Coal India Ltd (CIL), says in an email interview with Shreya Jai this is because of several factors - from a boost in production to seamless coordination among different departments and increased mechanisation at the mines. Edited excerpts.

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3 mins  |
July 10, 2024
Business Standard

Fair trade, focus on manufacturing, infra on steel firms' Budget wish list

India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade.

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1 min  |
July 10, 2024
From '30, only India-made ships likely in coastal ops
Business Standard

From '30, only India-made ships likely in coastal ops

Govt to come up with new shipbuilding policy as part of 100-day plan

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2 mins  |
July 10, 2024
UPI segment: 'We do not worry about mkt share'
Business Standard

UPI segment: 'We do not worry about mkt share'

Even as the duopoly of PhonePe and Google Pay in the Unified Payment Interface (UPI) segment is a concern for the National Payments Corporation of India (NPCI), Vikas Bansal (pictured), CEO of Amazon Pay India believes that there is a need to focus on growing new digital payment instruments within the country.

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1 min  |
July 10, 2024
Business Standard

Startups taking longer to climb funding stages

Food and agriculture tech startups took the longest

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1 min  |
July 10, 2024
'Salesforce creating solutions specifically for SME segment'
Business Standard

'Salesforce creating solutions specifically for SME segment'

India is a key growth market for Salesforce and it has recently started a public services division in the country. ARUNDHATI BHATTACHARYA, CEO and chairperson of Salesforce India, talks about the public sector services, the role of artificial intelligence (AI) and the small and medium enterprise (SME) segment, in an interview with Ayushman Baruah in Bengaluru. Edited excerpts:

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2 mins  |
July 10, 2024