CATEGORIES

'PSUs fell short in compliance, governance'

Public sector undertakings (PSUS) fell short in compliance regarding board structures and corporate governance, as per a report by Institutional Investor Advisory Services (IIAS).

Fairfax commits $200 mn liquidity support to IIFL Fin

Holds 15% in the gold loan NBFC

8 NBFCs eye ECB route to raise over $2 billion

Execs say overseas borrowing likely to grow as hedging costs are low

Kerala to launch first govt-backed OTT platform ОТТ

The Kerala government is set to launch India's first government-backed OTT platform called CSpace on Thursday in its bid to provide space to lowbudget and independent films and check what it called \"growing imbalances\" in content selection and propagation.

Accenture invests $1 billion in Al-powered learning platform

Accenture on Wednesday has launched a new artificial intelligence (AI)-native learning platform to provide clients with comprehensive technology learning and training services that will help them reskill and upskill employees in technology, data and AI.

More Retail stake sale plan sees lukewarm response

Samara-Amazon JV was looking to raise funds at $2 billion total valuation

GREEN POWER, CAPTIVE MINING REMAIN A CORNERSTONE Aluminium firms race to cut production costs

Vedanta Aluminium aims for industry leadership in production cost, while Hindalco Industries hopes for higher cost stability.

India Inc may see average salary hike of 9.6% in 2024

India Inc may offer an average salary hike of 9.6 per cent in 2024, similar to the actual increase last year, according to a report released by global professional services provider Ernst & Young (EY) on Wednesday.

Haier targets 2nd spot in appliances space in five years

Household appliances maker Haier aims to become the second-largest player in the country in the coming five years on the back of technologyled innovation, it said on Wednesday.

FMCG to see subdued growth till Sep quarter

The Indian fast-moving consumer goods (FMCG) sector is expected to see subdued growth up until the September quarter of the ongoing calendar year, said a report by Kantar.

Health care innovation market to touch $60 bn by FY28

Health care innovation in India, currently valued at $30 billion, is expected to double by FY28, according to a recent report by Bain & Company and HealthQuad.

RBI asks credit card issuers to allow customers to select network

No clarity on co-branded cards

Chennai's tech minds drive Ford's global Al transformation

Almost 18 months after the Ford India manufacturing unit ceased operations near Chennai, the American major, through Ford Business Solutions (FBS), is on an expansion and hiring spree in the city.

FY24 GDP growth could be close to 8%: Das

RBI governor says 85% Paytm wallet users won't face disruption

CCI: Initial penalties on companies won't be on global turnover

While determining monetary penalties, the Competition Commission of India (CCI) will reckon on factors such as how long the rules were violated, whether the offence has been repeated, and the extent of cooperation by the company, the latest guidelines issued by the antitrust watchdog on Wednesday said.

Investors flee NBFCs as RBI widens crackdown

34 of 43 NBFC stocks decline; Nifty Bank index rises

AI game changer in tracking cases of tuberculosis

Qure.ai and India Health Fund's qXR tool leading to better TB notifications

Shape-shifting 'L2-5' gets road ministry green light

The L2-5 can seamlessly switch between being a two-wheeled vehicle (L2 category) or a three-wheeled vehicle (L5 category)

Digital to overtake TV in revenues by end of 2024

Media sector is expected to grow by 10.2% to reach ₹2.55 trillion

Deepening US-India ties through innovation, trade

As I begin my fourth visit to India in my role as the US Department of Commerce assistant secretary for global markets, I am enthusiastic about the prospects for building new trade relationships, advancing our mutual efforts to combat climate change, and deepening the ties between our countries' dynamic startup ecosystems.

GDP VAGARIES IN ELECTION YEARS

There are valid explanations for the variations. But, in an election year, questions will be raised whether non-economic factors are at play

Salaried with sizeable other incomes? Pay advance tax

NRIs with income in India above 10,000 must also pay this tax

SBI shares touch new high; mcap hits ₹7 trn

Analysts expect slippages to be steady, keeping credit costs at 50 bps in FY25-26E

Matrix Gas & Renewables raises ₹350 crore in pre-IPO round

Matrix Gas & Renewables Limited has raised 350 crore in a pre-initial public offering (IPO) round to raise funds, said the company on Tuesday.

Tata Motors demerger a positive move, but no immediate gains seen

The demerger of Tata Motors will take around 12-15 months.

IT, FMCG shares drag down indices

Benchmark Sensex declined by 195 points while Nifty slipped below the 22,400 level on Tuesday, snapping the four-day gaining streak due to losses in IT and FMCG shares amid weak global trends and foreign fund outflows.

BSE may buy out S&P Dow Jones stake in JV

The BSE is likely to buy out S&P Dow Jones Indices' entire 50 per cent stake in joint venture (JV) Asia Index (AIPL), an index provider.

Broking industry adds 4mn a/cs for 3rd month

More households are taking to direct investing

TaMo may drive out of Sensex, Nifty

They have compared the development with Reliance Industries (RIL) and Jio Financial Services, which got listed separately and eventually (in the next few days) got excluded from the domestic indices.

Tata Sons listing: Group stocks rally on hopes of value unlock

Key Tata Group stocks rallied on Tuesday, taking the total market capitalisation of all the listed entities past the ₹31 trillion mark.