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Business Standard

Sterlite Power gets stakeholders' nod for demerger into 2 entities

Sterlite Power Transmission Ltd (SPTL) on Thursday received the nod of its stakeholders to demerge its business into two entities - the power transmission project development and power equipment manufacturing.

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1 min  |
May 24, 2024
Business Standard

India to lead next decade amid global risks: Chandra

India is a \"bright spot\" and will lead the next decade world order, said N Chandrasekaran, chairman of Tata Consumer Products, in the company's annual report for the financial year 2023-24 (FY24).

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1 min  |
May 24, 2024
Business Standard

'Kirloskars must abide by family settlement'

The National Company Law Tribunal's (NCLT's) Mumbai Bench has directed the Kirloskar brothers and their entities to adhere to the family settlement agreement signed in September 2009.

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2 mins  |
May 24, 2024
ITC net dips to ₹5.1K cr on poor agri, paper biz show
Business Standard

ITC net dips to ₹5.1K cr on poor agri, paper biz show

Points to subdued consumption demand, but says macros improving

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2 mins  |
May 24, 2024
Business Standard

Early UK election may delay FTA with India

The early election announced by British Prime Minister Rishi Sunak is expected to delay the free-trade agreement (FTA) between the UK and India, officials on both sides indicated.

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2 mins  |
May 24, 2024
Business Standard

IndiGo earnings soar 2x amid high demand

Set to offer business class by end of this year IndiGo Pr golndiGo.

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2 mins  |
May 24, 2024
Business Standard

D-Street celebrates RBI's surplus bonanza for govt

Sensex surges 1,197 points to fresh high; NSE firms' mcap, too, hits $ 5 trillion

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1 min  |
May 24, 2024
Share of export-bound cars at 10-yr low
Business Standard

Share of export-bound cars at 10-yr low

India's share of production geared for export is the lowest in Asia, trailing South Korea, Thailand, Japan, and Indonesia.

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2 mins  |
May 24, 2024
Business Standard

Stagger FD investments to catch peak rates

While some portion of your money should go into longer-tenure FDs offering higher rates, diversifying across maturities is essential as well

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2 mins  |
May 23, 2024
BHEL slips 8% after below-par Q4 results
Business Standard

BHEL slips 8% after below-par Q4 results

Earnings missed Street expectations

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2 mins  |
May 23, 2024
Sebi cracks the whip in Superior Finlease case
Business Standard

Sebi cracks the whip in Superior Finlease case

The Securities and Exchange Board of India (Sebi) has barred 17 entities and individuals from the securities market for five years and two others for three years each for allegedly operating a pump and dump scheme in Superior Finlease through misleading recommendations through Telegram Channels.

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1 min  |
May 23, 2024
Business Standard

Higher output, reasonable valuations positive for ONGC

Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future.

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3 mins  |
May 23, 2024
Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex
Business Standard

Rebalancing: Adani Enterprises likely to dislodge Wipro from Sensex

Adani Enterprises is expected to replace Wipro in the benchmark Sensex.

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1 min  |
May 23, 2024
India's mcap to GDP ratio at 15-yr high of 140%
Business Standard

India's mcap to GDP ratio at 15-yr high of 140%

Current ratio a few notches below all-time high of 149.4%

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2 mins  |
May 23, 2024
Stock traders seek cues from poll shadow bets
Business Standard

Stock traders seek cues from poll shadow bets

Traders in the stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general elections.

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1 min  |
May 23, 2024
Healthcare sector most violative of norms: Asci
Business Standard

Healthcare sector most violative of norms: Asci

Most cases of advertisement violation of norms were reported from the health care sector during 2023-24, followed by illegal offshore betting and personal care categories, according to the Advertising Standards Council of India's (Asci's) Annual Complaints Report released on Wednesday.

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2 mins  |
May 23, 2024
Business Standard

Tackling congestion for growing population

Many a time we wonder: \"Are our cities truly prepared?\" This question weighs heavily Lon us as our population grows and our resources dwindle, leaving our cities ill-prepared for what lies ahead.

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3 mins  |
May 23, 2024
The East wind blows harder
Business Standard

The East wind blows harder

The global power balance is shifting as China and Russia assert dominance in technology and diplomacy

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4 mins  |
May 23, 2024
AI black boxes just got a little less mysterious
Business Standard

AI black boxes just got a little less mysterious

Anthropic claims to have found clues about the inner workings of large language models

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2 mins  |
May 23, 2024
Business Standard

Amazon plans to supercharge Alexa with AI

Amazon.com is working on an artificial intelligencedriven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday.

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1 min  |
May 23, 2024
Business Standard

'ICC warrants on Israel leaders wrongheaded'

Looking at 'appropriate steps to take' on the prosecutor's decision: Blinken

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2 mins  |
May 23, 2024
Delhi gears up to ready a house for Mr MP
Business Standard

Delhi gears up to ready a house for Mr MP

There are two phases of polling left in the 2024 Lok Sabha polls, but preparations have already begun in the national capital to house the first-time elected Members Parliament (MPs).

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2 mins  |
May 23, 2024
Anatomy of the surge in Kashmir's voter turnout
Business Standard

Anatomy of the surge in Kashmir's voter turnout

Valley braves militant attack in Pahalgam amid growing political vacuum

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3 mins  |
May 23, 2024
Business Standard

Max Life plans to hire 30K agents, open up to 100 offices in FY25

Max Life Insurance plans to hire 30,000 agents and open 50 to 100 new offices in the financial year 2024-25 (FY25) to drive premium growth, said Prashant Tripathy, managing director and chief executive officer of the company.

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1 min  |
May 23, 2024
LinkedIn India, Nadella, eight others fined
Business Standard

LinkedIn India, Nadella, eight others fined

The Ministry of Corporate Affairs (MCA) fined Microsoft Chief Satya Nadella and eight other executives 27,10,800 for violating significant beneficial ownership (SBO) norms related to LinkedIn Technology Information, according to an order by the Registrar of Companies (ROC) - Delhi and Haryana.

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1 min  |
May 23, 2024
Bumper RBI dividend to give govt more fiscal room
Business Standard

Bumper RBI dividend to give govt more fiscal room

Surplus is well above budgeted figure of ₹1.02 trn in FY25 Interim Budget

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2 mins  |
May 23, 2024
Business Standard

'Khan Market gang' spent lives concealing sins of Congress, says PM at Delhi rally

Addressing a public meeting in the national capital, Prime Minister Narendra Modi on Wednesday accused the \"Lutyens gang\" and the \"Khan Market gang\" of having spent their lives concealing the sins of the \"utterly communal Congress\" from the nation.

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2 mins  |
May 23, 2024
Business Standard

'Socio-cultural milieu can't be a casualty to elections'

The Election Commission (EC) on Wednesday told the national presidents of the ruling Bharatiya Janata Party (BJP) and the Opposition Congress that the country's sociocultural milieu cannot be a casualty to elections.

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3 mins  |
May 23, 2024
Business Standard

It's seasoned MP vs corporate veteran in Cuttack

Heads had turned in Odisha's political circles in October last year when Bhartruhari Mahtab, a sixtime BJD MP from Cuttack and four-time Sansad Ratna awardee, met Prime Minister Narendra Modi.

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2 mins  |
May 23, 2024
Nandigram, cradle of land stir, waits for jobs
Business Standard

Nandigram, cradle of land stir, waits for jobs

On March 14, 2007, about 14 people lost their lives when the police force opened fire at a gathering of land protestors in Nandigram.

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4 mins  |
May 23, 2024