CATEGORIES

Mexico cuts ties with Ecuador after security officials raid embassy
Business Standard

Mexico cuts ties with Ecuador after security officials raid embassy

Mexico broke off diplomatic relations with Ecuador after police stormed its embassy in Quito and arrested former Ecuadorian Vice President Jorge Glas (pictured), who had sheltered at the mission since December.

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1 min  |
April 08, 2024
US, China need ‘tough' conversations: Yellen
Business Standard

US, China need ‘tough' conversations: Yellen

Chinese Premier asks US to view industrial capacity 'objectively'

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1 min  |
April 08, 2024
Free pass for loot and terror: PM hits out at TMC
Business Standard

Free pass for loot and terror: PM hits out at TMC

Prime Minister Narendra Modi alleged on Sunday that the TMC desired a free licence for corruption and violence in West Bengal, which is why central agencies investigating such cases faced attacks in the state.

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1 min  |
April 08, 2024
Business Standard

The Katchatheevu conundrum

Can the disputed island between India and Sri Lanka set the tone for campaigning in Tamil Nadu? RADHIKA RAMASESHAN decodes

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3 mins  |
April 08, 2024
Voters' pie in population getting larger
Business Standard

Voters' pie in population getting larger

The Election Commission's voter enrolment has become more efficient over the past seven decades, with emphasis on registering women and young voters in recent years.

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1 min  |
April 08, 2024
Will 'Singham' deliver a blockbuster for BJP in TN?
Business Standard

Will 'Singham' deliver a blockbuster for BJP in TN?

Annamalai Kuppuswamy, a former IPS officer, earned the affectionate moniker \"Singham Anna\" from his admirers, who saw in him a reflection of the dedicated character from the film Singham.

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3 mins  |
April 08, 2024
Business Standard

Lone warriors: Fewer by the election

The number of Independent MPs is slowly but steadily declining in the Lok Sabha.

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4 mins  |
April 08, 2024
Business Standard

Kudos to CBIC for instructions on GST investigations

In a welcome move, the Central Board of Indirect Taxes and Customs (CBIC) has issued guidelines to its Goods and Services Tax (GST) field formations for maintaining ease of doing business while engaging in investigation with regular taxpayers.

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2 mins  |
April 08, 2024
Business Standard

Railways aims to complete 100% electrification in FY25

The Indian Railways is planning to conclude the electrification of the broad-gauge network by the end of this financial year, senior officials aware of the developments said.

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2 mins  |
April 08, 2024
In Sittwe, govt secures 2nd overseas port
Business Standard

In Sittwe, govt secures 2nd overseas port

MEA approved a proposal to take over the ops of the entire port in Myanmar

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2 mins  |
April 08, 2024
Indian merchandise exports have European silver lining
Business Standard

Indian merchandise exports have European silver lining

Shipments to Europe saw 2% growth in 2023 against 4.8% decline overall

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2 mins  |
April 08, 2024
Yotta plans capacity booster for Al efforts
Business Standard

Yotta plans capacity booster for Al efforts

Data centre operator Yotta is planning to expand its computing capacity to 32,000 graphic processor units (GPUs) from Nvidia by March 2025, months after placing orders for 16,000 high-powered GPUs from the US-based chip giant, the company CEO said.

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1 min  |
April 08, 2024
Pallia's job as Wipro CEO: Drive growth, stem senior-level exits
Business Standard

Pallia's job as Wipro CEO: Drive growth, stem senior-level exits

Wipro has chosen to bet on an insider as its chief executive.

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1 min  |
April 08, 2024
'Significant tech investment needed for cancer treatment in India'
Business Standard

'Significant tech investment needed for cancer treatment in India'

Apollo, one of the world's largest vertically integrated healthcare providers, is in the process of massive expansion with eight-nine projects at different planning stages. MADHU SASIDHAR, the new president and chief executive officer of its hospital division, talks to Shine Jacob in Chennai about future expansion, medical tourism, and growth road map. Edited excerpts:

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2 mins  |
April 08, 2024
Crisis at Wipro may be far from over
Business Standard

Crisis at Wipro may be far from over

The writing has been on the wall for some time.

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3 mins  |
April 08, 2024
Business Standard

Northern Arc seeks ₹385 cr PE funding ahead of mkt debut

Northern Arc Capital Ltd (NACL) is looking to raise ₹385 crore of private equity funding ahead of its planned initial public offering (IPO) in the first half of the current financial year (H1FY25).

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1 min  |
April 08, 2024
Business Standard

Vistara to cut 10% flights in April to stabilise ops

Vistara announced on Sunday that it will be cancelling 10 per cent of its daily flights in April to provide a 'much-needed buffer' in pilot rosters.

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1 min  |
April 08, 2024
'Optimistic about India story; our plans are aligned with it
Business Standard

'Optimistic about India story; our plans are aligned with it

ITC emerged as the country's largest company in the food space in the nine-month period ended September 2023. HEMANT MALIK, executive director of ITC and in charge of the foods business, in a video interview with Ishita Ayan Dutt, discusses a wide range of issues - from growth strategy, and climate challenges to aspirations for its largest FMCG brand, Aashirvaad. Edited excerpts:

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3 mins  |
April 08, 2024
Business Standard

PSBS may be allowed to transfer unclaimed shares to IEPF

The finance ministry is considering amending the Banking Companies (Acquisition and Transfer Undertakings) Act, 1970, which governs public-sector banks (PSBS), to make suitable provisions for allowing PSBs to transfer shares to the Investor Education and Protection Fund (IEPF) when dividends of such shares remain unclaimed by the investors for seven consecutive years.

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1 min  |
April 08, 2024
Business Standard

i-bankers raked in record ₹1K cr in Q1

Top performers poised for bonus payouts equalling 1.2x annual pay

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2 mins  |
April 08, 2024
Business Standard

INDIA SET TO GET NEW LEADER IN HOSPITAL BIZ - Manipal nears ₹1,400 cr deal to acquire Medica

Announcement of buying Temasek's 87% in Medica likely this month

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3 mins  |
April 08, 2024
Business Standard

BJP's poll outreach: World's leading parties RSVP for festival of democracy

In the first such initiative, the Bharatiya Janata Party (BJP) has invited the ruling and Opposition parties from around the world to witness the upcoming Lok Sabha elections in India first-hand.

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4 mins  |
April 08, 2024
Business Standard

India hits key kala-azar elimination target

India has achieved the elimination target for visceral leishmaniasis (kala-azar) with no block in the country reporting more than one case of the parasitic disease per 10,000 people, according to data from the National Centre for Vector Borne Diseases Control (NCVBDC).

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1 min  |
April 06, 2024
Average salary hike in India likely to be 8-11% this year
Business Standard

Average salary hike in India likely to be 8-11% this year

As most workplaces are in the midst of the appraisal season, a talent company has told Business Standard that the average corporate salary increment in India is expected to be somewhere in the range of eight to 11 per cent across levels this year.

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2 mins  |
April 06, 2024
Dry spell takes a toll on March tea production
Business Standard

Dry spell takes a toll on March tea production

Output fell 35-50% in North India in the month from year-ago period

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3 mins  |
April 06, 2024
Business Standard

EC readies to address urban apathy as 266 LS seats see lower voter turnout

According to the booklet Voter's Apathy, 297 million eligible voters did not vote in the 2019 general elections

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1 min  |
April 06, 2024
Business Standard

No to NOTA? Fewer takers for last button

The share of voters pressing the NOTA button has been on a decline in general elections since a Supreme Court order sealed a spot for it on electronic voting machines across India in 2013.

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1 min  |
April 06, 2024
Business Standard

'Premature to take a stand': No OPS in Cong manifesto

The Congress has opted to omit its promise of restoring the old pension scheme (OPS) from the manifesto ahead of the Lok Sabha polls. Congress leader P Chidambaram, who headed the party's manifesto drafting committee, said it is premature for the party to take a stand on the issue at the current juncture when the Centre has set up a committee headed by the finance secretary to find a way.

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1 min  |
April 06, 2024
SAT gets new presiding officer, technical member
Business Standard

SAT gets new presiding officer, technical member

Tribunal was without presiding officer or a judicial member for three months

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1 min  |
April 06, 2024
Smallcase to offer 'basket investment' of MFs
Business Standard

Smallcase to offer 'basket investment' of MFs

Investment platform Smallcase is extending its 'basket investment' concept to mutual funds (MFS) in a bid to expand its product suite.

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1 min  |
April 06, 2024