CATEGORIES

Ships moved 9% faster at major ports in FY24 on better infra

The turnaround time at major ports improved by 9 per cent to 48 hours, compared to 52.9 hours a year before, as infrastructure and processes strengthened in the financial year ended March 31, 2024 (FY24).

Unorganised sector pension plansees 5 mn signups in 5 yrs

The government's flagship pension scheme for unorganised sector workers Pradhan Mantri Shram Yogi Maandhan (PMSYM) yojana saw just over 5 million subscribers since its inception in March 2019.

Examine Covishield risk factors: Plea in SC seeks expert panel

A petition has been filed in the Supreme Court seeking formation of a panel of medical experts to study the Covishield vaccine and examine its possible \"side-effects\".

BJP hopes to taste Lok Sabha success in SP family bastion

Samajwadi Party's (SP's) Dimple Yadav won the Mainpuri Lok Sabha (LS) seat by nearly 290,000 votes in a bypoll in 2022, after her father-in-law Mulayam Singh Yadav, who had won the seat in 2019, passed away.

Amid rising tide of deepfakes during polls, experts call for specific legislation

Even as the law enforcement agencies are grappling with the rising tide of deepfakes during the ongoing national elections, legal experts have called for specific legislation to deal with the menace.

In Bengal's binary battle, CPI(M) fields the young, deploys AI

From fielding young and new candidates to catchy parody songs and using artificial intelligence (AI), the Communist Party of India (Marxist), or CPI(M), in West Bengal is wooing young voters as it strives to make its presence felt in the binary battle between the Trinamool Congress (TMC) and the Bharatiya Janata Party (BJP).

From the diamond hub in poll season: Story of war and peace

The diamond industry is not looking for anything from the Lok Sabha elections, says Savji Dhanji Dholakia, 62, when asked about his expectations from the next government.

Like Suzuki, Kubota aims to make India its global hub

Japanese agri-equipment firm Kubota is taking cues from Suzuki Motor's strategy to establish India as its global production hub, according to a report by Nikkei Asia.

Tightening grip: Top six brands sold 92% cars

The Indian car market saw an increased consolidation in FY24, with the top six brands accounting for 92.6 per cent of domestic sales, while the bottom six could manage to garner a mere 2.9 per cent of the $4.2 million market.

Domestic PV sales marginally up amid high base, elections

Domestic passenger vehicle sales in April rose by only 1.76 per cent year-on-year (Y-oY) to 338,341 units, impacted by a high base effect, the ongoing general elections and low demand for small cars.

DGCA deregisters all 54 Go First aircraft

The Directorate General of Civil Aviation (DGCA) has deregistered all 54 aircraft leased to the now-bankrupt airline Go First, according to officials.

Settlement may not attract tax: Lawyers

The multi-billion-dollar amicable split of Godrej Group into two, between patriarch Adi Godrej/Nadir Godrej family and his cousin Jamshyd Godrej/Smita Godrej Crishna family, may not attract tax, say lawyers.

Adi-Nadir family's open offer for Astec

Offer to acquire an additional 26% stake at a price of ₹1,069.75 per share

Amicable split may prevent wealth destruction

Stock prices may react positively as key overhang is removed

SFBS may move RBI for clarity on loan book diversification

Small finance banks (SFBs) are likely to seek clarification from the Reserve Bank of India (RBI) on loan portfolio diversification, as the regulator has not specified the extent of diversification that should be seen as desirable.

India GCCs emerge as proof-of-concept hub for GenAI app

AYUSHMAN BARUAH Bengaluru, 1 May Multinationals are using their India global capability centres (GCCs) as proof-ofconcept (POC) hubs for generative artificial intelligence (GenAI) applications (apps) due to the availability of digital talent, ability to adapt to technological changes, and build scale.

At ₹2.1 trn, gross GST collections in Apr highest ever

Net mopup rises 15.5% on strong domestic activity

New-gen leaders to take the reins as Godrej group splits

1 May The Godrej family, which on Tuesday split its empire into two groups Godrej Industries Group and Godrej Enterprises Group has made its succession planning clear.

Mubadala, Warburg in talks for Shriram Housing Finance

1 May UAE-based sovereign fund Mubadala Investment Company and Warburg Pincus are in talks with Shriram Finance to acquire a controlling stake in its subsidiary Shriram Housing Finance (SHFL).

Spices under scanner: Govt panel gives report

The govt is launching an initiative to ensure India's exports meet importing countries' tolerance limits

AstraZeneca vaccine: The controversy continues

The controversial AstraZeneca Covid-19 vaccine, which was banned by several countries across the globe after multiple cases of blood clots were reported in patients who were administered the jab, is back in the spotlight.

BRIDGING THE GAP

Why the surge of hybrid cars is being seen as an essential transition phase to electric

M&M, TaMo, Maruti: Auto stocks to stay in fast lane

The uptrend in auto sector to continue in the near term, believe analysts

Parcel fraud: Suspect a scam call? Disengage immediately

Verify the call's authenticity; resist pressure to pay up or share sensitive information

High growth and margin expectations to drive Trent

THE COMPASS DEVANGSHU DATTA Zudio could lead to further upgrades.

FOPs ready to roll out bit-sized Reits

Many real estate ownership platforms to file with markets regulator under recently notified norms

Why are RBI, other banks on a gold-buying spree?

The Reserve Bank of India (RBI), like most other global central banks, is on a gold buying spree.

Mkts slide after fresh record highs

The National Stock Exchange (NSE) benchmark Nifty rose for the second day underpinned by gains in index heavyweights to hit fresh record highs on an intraday basis but came off from the day's highs to end the trading session with losses.

ChrysCapital closes its $700 mn continuation fund

ChrysCapital on Tuesday closed its $700 million continuation fund, which will allow the private equity firm to hang onto its stake in the National Stock Exchange (NSE), which it first bought in 2016.

Message from US campuses

Suppressing protests may be politically self-defeating