CATEGORIES

SpiceJet plans to raise ₹2,085 cr by mid-Aug
Business Standard

SpiceJet plans to raise ₹2,085 cr by mid-Aug

SpiceJet is planning to raise $250 million (₹2,085 crore) by mid-August as it would assist the airline in clearing its balance sheet and put it on the path of growth, its chairman and managing director Ajay Singh (pictured) said on Wednesday.

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1 min  |
June 06, 2024
Pilot, crew shortage more serious than visible: Capa
Business Standard

Pilot, crew shortage more serious than visible: Capa

FDTL guidelines, poaching by carriers in West Asia to further accentuate crunch

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2 mins  |
June 06, 2024
More bilateral rights to the Gulf? Airlines divided
Business Standard

More bilateral rights to the Gulf? Airlines divided

Indian carriers are divided on whether the Centre should give more bilateral rights to West Asian countries.

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3 mins  |
June 06, 2024
T20 WORLD CUP: NETHERLANDS BEAT NEPAL BY 6 WICKETS
Business Standard

T20 WORLD CUP: NETHERLANDS BEAT NEPAL BY 6 WICKETS

The Netherlands beat Nepal by six wickets with eight balls to spare in a tight contest that was delayed by rain at the Grand Prairie Stadium, Dallas, Texas, on Tuesday night.

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1 min  |
June 06, 2024
Business Standard

QS Rankings: IIT Bombay, IIT Delhi in top 150

The Indian Institutes of Technology (IITs) Bombay and Delhi are among the top 150 universities in the world, while the Massachusetts Institute of Technology (MIT) retained the top rank globally for the 13th time, according to the QS World University Ranking, 2025 announced on Wednesday.

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1 min  |
June 06, 2024
Delhi reports 3rd hospital fire incident in 2 weeks
Business Standard

Delhi reports 3rd hospital fire incident in 2 weeks

A major fire incident took place in an eye hospital based in Southeast Delhi's Lajpat Nagar on Wednesday, marking the third instance of hospital fire in the national capital in two weeks.

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1 min  |
June 06, 2024
'Food processing industry should focus on quality'
Business Standard

'Food processing industry should focus on quality'

A mid growing scrutiny of processed food in the country, a senior official at the Ministry of Food Processing Industries on Wednesday asked that industry to take a cue from international standards even if they have to \"compromise a little\" on profit margins.

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1 min  |
June 06, 2024
United Spirits may lose fizz on near-term woes
Business Standard

United Spirits may lose fizz on near-term woes

Long-term prospects promising, but there are no immediate triggers

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2 mins  |
June 06, 2024
VOLATILE DURING POLL RESULTS, LUCRATIVE 6 MONTHS LATER
Business Standard

VOLATILE DURING POLL RESULTS, LUCRATIVE 6 MONTHS LATER

As is the case now, equity markets always tend to be highly volatile around the time of election results.

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1 min  |
June 06, 2024
Business Standard

Kronox Lab IPO subscribed 117.25x on last day

The initial public offering (IPO) of Kronox Lab Sciences garnered 117.25 times subscription on the closing day of bidding on Wednesday.

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1 min  |
June 06, 2024
Business Standard

Policy, valuations could keep rural stocks in play

Most brokerages are betting that the new government will shift to a policy focusing on boosting rural incomes and consumption since that has clearly been a pain point.

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2 mins  |
June 06, 2024
Business Standard

Regulator mulls raising limit for basic-service demat account to ₹10 lakh

Markets regulator Securities and Exchange Board of India (Sebi) on Wednesday proposed to enhance the threshold for the basic service demat account (BSDA) to 10 lakh from the current ₹2 lakh in a bid to boost the participation of retail investors in the securities market.

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1 min  |
June 06, 2024
Sebi eases timelines for FPIs to disclose material changes
Business Standard

Sebi eases timelines for FPIs to disclose material changes

The Securities and Exchange Board of India (Sebi) has relaxed the timeline for foreign portfolio investors (FPIs) for reporting and disclosing material changes.

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1 min  |
June 06, 2024
India's Goldilocks scenario intact
Business Standard

India's Goldilocks scenario intact

Brokerages bullish despite BJP falling short of decisive mandate in Lok Sabha elections

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2 mins  |
June 06, 2024
Business Standard

Unintended consequence

Shift in paddy sowing is not helping

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2 mins  |
June 06, 2024
Business Standard

Congress' learning curve

Smarter alliances, social media tactics helped

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2 mins  |
June 06, 2024
The elections signal course correction
Business Standard

The elections signal course correction

Voters have made it clear they want inclusive growth and a break from polarising politics

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4 mins  |
June 06, 2024
Business Standard

Connecting the missing election dots

The journey is as important as the destination, as the saying goes.

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3 mins  |
June 06, 2024
Tesla had no place to put Nvidia AI chips, says Musk
Business Standard

Tesla had no place to put Nvidia AI chips, says Musk

Elon Musk confirmed he diverted artificial intelligence chips away from Tesla to his X and XAI ventures, offering explanations both for the redirected shipment and internal Nvidia Corporation emails.

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1 min  |
June 06, 2024
No more Big Macs: McDonald's trademark axed in EU
Business Standard

No more Big Macs: McDonald's trademark axed in EU

McDonald's Corporation's lost the European Union (EU) trademark rights to chicken versions of its iconic \"Big Mac\" burgers after judges ruled that the fast food giant failed to do enough to claim exclusive rights.

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1 min  |
June 06, 2024
Third-time lucky? Boeing launches Starliner capsule
Business Standard

Third-time lucky? Boeing launches Starliner capsule

For the third time in roughly a month, Boeing will try to launch its long-delayed space taxi with the vehicle's first human crew for Nasa, following weeks of delays over technical issues and two called off launch attempts.

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1 min  |
June 06, 2024
Business Standard

China chip firms degrade designs to avoid curbs

Some Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Co (TSMC) production in the face of US sanctions, sources said.

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1 min  |
June 06, 2024
OpenAI insiders warn of a reckless race for dominance
Business Standard

OpenAI insiders warn of a reckless race for dominance

'Company has not done enough to prevent its Al systems from becoming dangerous'

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2 mins  |
June 06, 2024
'Earth warming at record rate but no proof climate change accelerating
Business Standard

'Earth warming at record rate but no proof climate change accelerating

92% of last year's record heat was caused by humans, finds study by group of 57 scientists

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2 mins  |
June 06, 2024
Apple made once-unlikely deal with Altman to catch up in AI
Business Standard

Apple made once-unlikely deal with Altman to catch up in AI

When a 23-year-old Sam Altman took the stage at Apple's annual developer conference in 2008, he gushed about being able to use Apple's new App Store to promote his software, a friend-locating service called Loopt.

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2 mins  |
June 06, 2024
Business Standard

Meity will continue to take initiatives in new govt: Secretary

S Krishnan, secretary, Ministry of Electronics and Information Technology, said the policy roadmap for the ministry will continue going ahead and build on past legacies.

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1 min  |
June 06, 2024
Business Standard

Kejriwal's interim bail plea dismissed by Delhi court

A city court on Wednesday dismissed Delhi Chief Minister Arvind Kejriwal's application for interim bail on medical grounds in the money laundering case linked to the alleged excise policy scam.

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1 min  |
June 06, 2024
Business Standard

Biden, Putin greet Modi on election win

Several world leaders, including the US President Joe Biden, Russian President Vladimir Putin, British Prime Minister (PM) Rishi Sunak and Italian PM Giorgia Meloni congratulated PM Narendra Modi on Wednesday on the victory of the Bharatiya Janata Party-led coalition in the general elections.

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1 min  |
June 06, 2024
5 regional parties stare at an existential crisis
Business Standard

5 regional parties stare at an existential crisis

As the Bharatiya Janata Party (BJP) went into a huddle with the Telugu Desam arty (TDP) and the Janata Dal (United) to stitch an alliance on Wednesday, and Congress backed by the Samajwadi Party and the Trinamool Congress looked all set to mount a serious challenge to the coalition, the regional parties suddenly found themselves in the spotlight.

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2 mins  |
June 06, 2024
Business Standard

Services growth in May slows to 5-month low

Local demand weakens, exports up

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1 min  |
June 06, 2024