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Business Standard

Centre may drag FAME defaulters to Delhi HC

Three original equipment manufacturers yet to refund around ₹310 cr

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2 mins  |
March 19, 2024
In the works: 50 Amrit Bharat trains
Business Standard

In the works: 50 Amrit Bharat trains

To enhance the passenger experience on non-Vande trains, the Centre plans to introduce additional Amrit Bharat trains in 2024-25.

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2 mins  |
March 19, 2024
Business Standard

FLY91's debut flight: India gets new airline

FLY91, the latest entrant to the country's aviation sector, on Monday commenced commercial operations with its first flight taking off for Bengaluru.

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1 min  |
March 19, 2024
Business Standard

SC no to Adani firm's plea for ₹1.3K cras 'late fees'

The Supreme Court on Monday dismissed a plea of Adani Power Rajasthan Ltd seeking over ₹1,300 crore as late payment surcharge (LPS) from the Jaipur Vidyut Vitran Nigam Limited, a Rajasthan governmentowned power distribution firm.

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1 min  |
March 19, 2024
Binny Bansal's Three State Ventures invests ₹207 crore in Curefoods
Business Standard

Binny Bansal's Three State Ventures invests ₹207 crore in Curefoods

Cloud kitchen firm Curefoods has reportedly secured an additional $25 million (about 207 crore) funding in its Series D round from Three State Ventures, a fund launched by Flipkart Co-founder Binny Bansal (pictured).

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1 min  |
March 19, 2024
Business Standard

Birla AMC promoters to sell 11.5% to raise about ₹1.4K cr

Aditya Birla Sun Life Asset Management Company (AMC) on Monday said its promoters will divest 11.47 per cent stake (33 million shares) in the company through the offer-for-sale (OFS) route.

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1 min  |
March 19, 2024
Ombudsman or not? Ministry to call meet with airlines, airports
Business Standard

Ombudsman or not? Ministry to call meet with airlines, airports

Move to address flier grievances

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2 mins  |
March 19, 2024
'What KBC did for entertainment, sports will do for the digital ecosystem'
Business Standard

'What KBC did for entertainment, sports will do for the digital ecosystem'

VINIT KARNIK, head of sports, eSports, and entertainment at GroupM, South Asia, delves into the evolving landscape of sports in India in a video interview with Vanita Kohli-Khandekar, ahead of Tuesday's release of Sporting Nation - Building a Legacy, GroupM's annual study of the sports business.

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2 mins  |
March 19, 2024
Business Standard

Cricket presses its field advantage, scores big in ₹15.7K cr sports biz

sports business in India stood at a whopping ₹15,766 crore in 2023.

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1 min  |
March 19, 2024
Fashion, grocery to capture 2/3rd of e-com by 2027: Nayar
Business Standard

Fashion, grocery to capture 2/3rd of e-com by 2027: Nayar

Fashion, grocery, and general merchandise are projected to constitute two-thirds of the overall ecommerce demand by 2030, according to Falguni Nayar, founder, executive chairperson, and chief executive officer of beauty and fashion brand Nykaa.

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1 min  |
March 19, 2024
Kant asks startups to focus on corporate governance
Business Standard

Kant asks startups to focus on corporate governance

Indian startups must adhere to a self-regulating ecosystem to bring in transparency and ethical behaviour, G20 Sherpa Amitabh Kant (pictured) said on Monday while observing that chasing valuation at all costs sometimes leads to misgovernance.

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1 min  |
March 19, 2024
Business Standard

Deeptech startup policy in final stages: DPIIT secy

The government is in the final stages of creating a dedicated policy for deeptech startups, said Rajesh Kumar Singh, secretary, Department of Industry and Internal Trade (DPIIT), on Monday.

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1 min  |
March 19, 2024
Business Standard

Blinkit may become bigger than Zomato's food biz in 1 yr: Goyal

Zomato's Chief Executive Officer Deepinder Goyal on Monday said that its quick commerce platform, Blinkit, could become bigger than the parent company's food delivery business in a year.

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2 mins  |
March 19, 2024
End of funding winter? Startups set to raise $8-10 bn this year
Business Standard

End of funding winter? Startups set to raise $8-10 bn this year

Setting an upbeat tone for the Startup Mahakumbh summit that began in New Delhi on Monday, Rajan Anandan, Managing Partner of venture capital firm Peak XV Partners (formerly Sequoia India), hinted at a reversal of the funding winter.

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2 mins  |
March 19, 2024
Bengaluru realtors cast a green lifeline amid water crisis
Business Standard

Bengaluru realtors cast a green lifeline amid water crisis

As Bengaluru grapples with water scarcity, the city's real estate developers are adopting green building practices and sustainable solutions aimed at conserving water and helping residents mitigate the crisis.

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2 mins  |
March 19, 2024
Tata Sons to offload 0.65% TCS stake for ₹9,362 crore
Business Standard

Tata Sons to offload 0.65% TCS stake for ₹9,362 crore

Tata Sons is set to divest a 0.65 per cent stake in its flagship Tata Consultancy Services (TCS) on Tuesday in the open market, according to a term sheet.

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2 mins  |
March 19, 2024
Business Standard

SC directs SBI to disclose all poll bond details by March 21

Refuses to hear industry bodies' plea against sharing alphanumeric codes

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3 mins  |
March 19, 2024
TCS likely to offer 7-8% salary hike to offsite staffers
Business Standard

TCS likely to offer 7-8% salary hike to offsite staffers

Onsite employees may get 2-4% pay jump

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2 mins  |
March 19, 2024
Business Standard

Future Gaming accounts for 77% of DMK's bond receipts

Top purchaser of electoral bonds Future Gaming and Hotel Services donated ₹509 crore to Tamil Nadu's ruling party Dravida Munnetra Kazhagam (DMK) through the now scrapped payment mode, the Election Commission's (EC) data showed on Sunday.

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1 min  |
March 18, 2024
Business Standard

Political ad spends on Google already up 9x ahead of polls

BJP emerges as largest advertiser so far in 2024

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2 mins  |
March 18, 2024
Business Standard

All that glitters is not gold for RBI, FinMin

Since November 1962, there have been many attempts to monetise gold. It's finally happening, but we must look for sustainable growth

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5 mins  |
March 18, 2024
Business Standard

GenAI inside: Personal computers get better

Technology will help people be more productive, open a new era of collaboration

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2 mins  |
March 18, 2024
Al to the rescue as cyberattacks rise
Business Standard

Al to the rescue as cyberattacks rise

The technology continuously monitors risks and instantly alerts organisations to protect themselves, reports AYUSHMAN BARUAH

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3 mins  |
March 18, 2024
Align NPS allocation with risk appetite, not recent performance
Business Standard

Align NPS allocation with risk appetite, not recent performance

Invest in NPS if you can tolerate its long lock-in

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4 mins  |
March 18, 2024
Business Standard

Claim not payable for questionable deals

Chandak Brothers was in the business of exporting brass and iron hardware items worldwide, especially to European countries.

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2 mins  |
March 18, 2024
'Correction cleared some smallcap froth, but largecaps still better placed'
Business Standard

'Correction cleared some smallcap froth, but largecaps still better placed'

While the risk/reward remains favourable in the largecap space, investors with a high risk appetite and under-allocation to smallcaps may consider increasing exposure to companies that have experienced stock price corrections, says HARISH KRISHNAN, co-chief investment officer and head of equity at Aditya Birla Sun Life Asset Management Company (AMC).

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2 mins  |
March 18, 2024
Business Standard

Top 30% ranking, steady asset growth

HDFC Top 100 Fund, launched in October 1996, has consistently ranked in the top 30 percentile of the largecap fund category in the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through December 2023.

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1 min  |
March 18, 2024
Business Standard

Sun Pharma's growth pill: Specialising in specialty and scaling in India

RX FOR SUCCESS: Brokerages administer confidence boost, elevating EPS forecasts and target prices for 2024-25

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2 mins  |
March 18, 2024
Business Standard

Coming of age in the City

A coming-of-age story needs a love interest, a nemesis, a sturdy foundation of adversity and a generous seasoning of youthful rage and yearning.

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3 mins  |
March 18, 2024
Business Standard

Sheep and goats need meaty ideas

Regardless of India being the world's largest exporter of sheep and goat meat, these small .

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3 mins  |
March 18, 2024