CATEGORIES

Nestlé India will continue to pay royalty at 4.5% to Swiss parent

FMCG major Nestlé India will pay royalty to its parent company, Société des Produits Nestlé S.A, at the current rate of 4.5 per cent, it said in an exchange filing on Wednesday.

IT firms go niche: Buy mostly in ER&D to unlock revenue streams

Analysts point out several advantages that IT companies gain from these acquisitions

Cabin crew issues 'well resolved': Air India Express

A \"very small\" section of the cabin crew based out of two locations was behind the Air India Express flight cancellations last month and the issue is \"now well resolved\", chief commercial officer Ankur Garg said on Wednesday.

Europeans choosing India over West Asia as transit hub'

An increasing number of passengers from Europe to Sri Lanka are now choosing to transit through Indian airports like New Delhi, Mumbai, and Bengaluru, rather than traditional West Asian hubs like Dubai, Abu Dhabi, and Doha, Richard Nuttall, chief executive officer (CEO) of SriLankan Airlines, told Business Standard on Wednesday.

Tractor sales harvest early monsoon benefits

Retail tractor sales in May up 24% over April

First draft of AI policy likely to be out in 6 mths

Deepfake regulation may be included

Telcos reiterate demands over FSC, 6 GHz spectrum

Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products.

I&B holds meet to discuss Big Tech revenue sharing

Officials from MCA, CCI, Meity invited after digital news publishers flag issue

Haldiram's weighs IPO route as stake sale plans stall

The owners of Haldiram Snacks Pvt Ltd are exploring a possible initial public offering (IPO) for the food producer and restaurant operator as plans to sell it to foreign investors have stalled, people familiar with the matter said.

Retail inflation cools to 12-mth low of 4.75%

Consumer Price Index (CPI)-based headline retail inflation eased to a 12-month low of 4.75 per cent in May on the back of a softening core and fuel inflation, even though food inflation remained elevated.

On table: Eye on prices of 16 more food items to protect 'garib kithali'

In response to escalating food inflation, the central government is planning to add 16 new commodities to its price monitoring list, increasing the total to 38, said people in the know.

Budget likely in 2nd half of July

The Bharatiya Janata Party-led National Democratic Alliance government is hopeful of presenting the full Budget for 2024-25 (FY25) in the second half of July, sources told Business Standard.

'Ease of living': Back in office, Sitharaman lists priorities

Says reforms undertaken since 2014 will continue

Ather plugs into Maha to roll out 1 mn e2Ws a year

To bet ₹1K cr on Aurangabad plant; capacity will hit 1.42 mn

Fire at UP substation trips power supply to parts of Delhi

Outage disrupted day-one ceremony of several ministers

Digital platforms now a crucial pillar for FMCGs to advertise

Digital platforms are a crucial pillar in driving brand imagery, equity, and higher return on investment across categories in the fast-moving consumer goods space, according to a report by Nielsen and Kantar.

Indian varsities can now offer admission twice a year: UGC

Indian universities and higher education institutions will now be allowed to offer admissions twice a year on lines of foreign universities with the University Grants Commission (UGC) giving a go ahead to the plan, UGC chief Jagadesh Kumar said.

SC seeks Centre, NTA reply on fresh NEET-UG exam plea

The Supreme Court on Tuesday sought the response of the Centre and the National Testing Agency on a plea seeking fresh conduct of medical entrance exam NEET-UG, 2024, on the grounds of alleged question paper leak and other malpractices.

IT'S MINNOW OR NEVER

USA's win over Pakistan in the T20 World Cup comes as the icing on a surge of smaller cricket playing nations. Now, how about a dose of Karl Marx?

Hopes of good rains, crop prices fuel rally

The stocks of agrochemical companies have seen a rally ☐ over the past week on expectations that favourable monsoon, higher crop prices and measures taken by the government to boost rural economy would aid the sector.

Sensex, Nifty settle flat amid volatile trade

Benchmark equity indices Sensex and Nifty ended almost flat on Tuesday after a recordbreaking rally as investors preferred to remain on the sidelines awaiting further triggers.

IndiGo sells stake to scale up hospitality business: IGE

Rahul Bhatia-owned InterGlobe Enterprises (IGE) on Tuesday said it sold a 2 per cent stake in InterGlobe Aviation via a block deal to raise funds for scaling up its hospitality business and other incubating ventures.

Gains for Bata hinge on recovery hopes, rising premium portfolio

The stock of footwear major Bata India has been the highest gainer among larger listed footwear companies since the start of the month on expectations of a recovery in the value segment, new launches and measures by the new government to boost consumption.

INDIA INC'S PROFIT-TO-GDP RATIO AT 15-YEAR HIGH

India Inc's profit as a percentage of gross domestic product (GDP) has risen to a 15year high led by improvement in the bottom line of financials, energy and automobile companies.

Retail investor confidence unshaken

Amid volatility, demat account openings remained elevated & MF inflows scaled new highs: Data

Improving conditions

Govt must present a revised fiscal glide path

Europe's destiny

Right's electoral gains point to deepening instability

Missing: 407 million news consumers

The results of the general elections last week have answered a question that has bothered me for some years now.

Make it more transparent

The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect

Apple unveils 'AI for the rest of us

Ties up with OpenAI; shares jump nearly 6% on Tuesday