CATEGORIES

'AI to usher in era of technological prowess'

Anand Mahindra (pictured), chairman of IT services firm Tech Mahindra believes that the future belongs to the information technology (IT) services as it can bring synergy between IT and artificial intelligence (AI) to usher in a new era of technological prowess.

68 ITC execs joined crorepati club in FY24

Sixty-eight executives joined the crorepati club in FY24 at the cigarettes-to-hotels conglomerate ITC.

After Jio, Airtel and Vi raise tariffs up to 21%

Lower than Jio's, Airtel's hike includes 2G plans but leaves out 5G

Wockhardt to launch Zaynich by FY25-end

Drug effective against major superbugs that are now resistant to almost all antibiotics

Bain to allocate 20% of Asia fund to India

Firm-owned Tyger Capital targets ₹15K cr book in 4 yrs

Adani Solar seeks visas for vendors' Chinese workers

Company cites lack of Indian expertise

Byju failed as he didn't listen to anyone: Unacademy CEO

Byju Raveendran, the founder of the beleaguered ed-tech firm Byju's, put himself on a pedestal and stopped listening to anyone, said Gaurav Munjal, the chief executive officer of edtech firm Unacademy.

FATF puts India in select group of only five G20 countries

In its brief outcome statement, the Financial Action Task Force (FATF), a global anti-money laundering watchdog, has put India in the \"regular follow-up\" category and underlined the need to address delays in concluding prosecution in cases on money laundering and terror financing.

Restaurants, cafés ready pitch for World T20 final

With 'Men in Blue' swiftly moving to the final match of the ICC Men's T20 World Cup, to be played on Saturday in the West Indies, restaurants and bars back home are expecting a spectacular turnout.

Delhi airport faces havoc, T1 shut after roof collapse

1 dead, 6 injured; ministry orders structural inspections at airports across India

Markets post best H1 show in 3 years

Indian equities posted their best half-yearly performance of the past three years in January-June 2024 (H1 CY24), with the National Stock Exchange Nifty 5( and BSE Sensex surging 10.5 per cent and 9.4 per cent, respectively.

JPMORGAN BOND INDEX INCLUSION - G-sec yields settle flat as inflows fall short of estimates

Yields on government securities (G-sec) ended flat on Friday - a day that saw India's official inclusion in JPMorgan's Government Bond Index-Emerging Markets (GBI-EM) kicking in - as foreign inflows underwhelmed investors.

CDSCO cracks whip on drug units

Shuts down 36% of the 400-odd drug manufacturing facilities for failing to meet quality standards

USFDA flags drug quality concerns in India

The Center for Drug Evaluation and Research (CDER), a division of the US Food and Drug Administration (FDA), has expressed concern over the quality of drugs manufactured in India, asserting that it found violations at 11 per cent of the facilities it inspected in the country, the highest in any other global region, a senior official said.

Arundhati Roy gets UK's Pen Pinter Prize

Booker Prize-winning author Arundhati Roy, currently facing the threat of prosecution over historic comments on Kashmir 14 years ago, was on Thursday honoured with the prestigious Pen Pinter Prize 2024 for her \"unflinching and unswerving\" writings.

7 YEARS OF GST: MONTHLY COLLECTIONS SURGE 87%

With enhanced revenues, the stage seems set for GST 2.0

Launches may offer shot in arm for GSK Pharma

The stock of GlaxoSmithKline Pharmaceuticals, or GSK Pharma, has risen over 5 per cent in a week.

700% surge in 6 mths: 25 SME stocks reach for the sky

Stocks of small and medium enterprises (SME) have had a good run at the bourses, with select counters surging more than 700 per cent in calendar year 2024, according to data from ACE Equity.

Allied Blenders' IPO subscribed 23.5 times

Allied Blenders & Distillers's initial public offering (IPO) was subscribed 23.5 times on Thursday, the concluding day of the issue.

'Tax relief will be big positive for markets'

All eyes are on Union Budget proposals that will in July show the policy intent of the new government.

Fairfax group divests 9.7% stake in CSB Bank

Canadian billionaire Prem Watsa's Fairfax group on Thursday divested a 9.7 per cent stake in CSB Bank through its arm FIH Mauritius Investments.

Dr Reddy's in pink of health after Haleon's NRT biz acquisition

Dr Reddy's Laboratories (DRL) is set to acquire Haleon's global portfolio of consumer healthcare brands in the nicotine replacement therapy (NRT) category outside of the US.

Sebi mulls relaxing disclosure norms for listed companies

Infy, CEO Parekh settle insider trading case

Russia weighs downgrade with West: Kremlin

The Kremlin said on Thursday that Russia is considering a possible downgrading of diplomatic relations with the West due to the deeper involvement of the United States and its allies in the Ukraine war, though no decision has yet been made.

Japan issues fresh warnings against sharp yen drop

Finance ministry may ring in changes

Why the Taylor Swift economy may not be real

Taylor Swift is taking Europe by storm, prompting some pundits to envisage an economic windfall as fans flock to dozens of sold-out shows from Dublin to Vienna and beyond.

China ousts 2 ex-defence ministers from the party

China's ruling Communist Party expelled two former defence ministers on corruption charges, ending speculation over their fate after a spate of purges rocked the nation's defense universe.

China's finance elite face $400K pay cap

Decision in compliance with Xi's common prosperity campaign

SpaceX tender offer said to value company at record $210 billion

SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than expected price that boosts the value of Elon Musk's space and satellite company closer to $210 billion, according to people familiar with the matter.

'Need MSP to be 50% higher than comprehensive cost of production'

Farmer groups recently met with the Commission for Agriculture Costs and Prices (CACP) in New Delhi and demanded that the Minimum Support Prices (MSPs) be set at 50 per cent more than the comprehensive cost of production (C2) instead of the existing A2+FL cost.