CATEGORIES

RIL, Disney ink pact for $8.5 bn media giant

RIL to invest 1.4 bn in JV; Nita Ambani named chairperson, Uday Shankar vice-chairperson

India likely to see sharpest rise in ultra-rich numbers in 5yrs

Between 2023 and 2028, India will witness the highest growth for any country in the number of ultra high networth individuals (UHNWIS), with a networth of $30 million or more, according to a report released on Wednesday.

A MONTH AFTER IT HARDWARE IMPORT MANAGEMENT SYSTEM WENT LIVE... PC imports from China up over 11%

After a month's gap, the import of personal computers, including laptops and tablets, from China surged 11.3 per cent to $276 million in December.

Drug cos back in business ayr after regulatory action

In February 2023, Chennai-based Global Pharma Healthcare found itself in the crosshairs of regulators after the US Centers for Disease Control and Prevention (C issued a warning to cor sumers using its eye drops sold in the American market, citing potential bacterial contamination.

40-Day Gaza Truce May Start By Ramzan

Proposal includes hostage release, aid delivery; Biden hopes for ceasefire by next week

Analysts remain selective about space-related stocks

Govt recently eased FDI norms for the sector

Opt for apps that have partnered reputable regulated entities

The app must be featured on that entity's website and in RBI's whitelist SANJAY KUMAR SINGH & KARTHIK JEROME promising quick loans.

New capacities can fire up OIL stock even more

The upstream oil and gas (O&G) sector has delivered a stellar performance in the stock market in the recent past.

Angel funds move Sebi on high depository costs

Such costs include one-time entry fee, corporate action charges

Complaints to Sebijump 80% in Jan

Complaints made to the Securities and Exchange Board of India (Sebi) have seen a sharp rise in January.

AIFS' actual investment at 65% of commitments, says Sebi WTM

Even as the commitments raised by alternative investment funds (AIFs) have surged to ₹10.84 trillion, there is a gap in the actual investments, said Ananth Narayan (pictured), a whole-time member (WTM) of the Securities and Exchange Board of India (Sebi).

India inches closer to manned space mission

PM hails four chosen pilots for Gaganyaan, lauds women's contribution SHINE JACOB Chennai, 27 February I India's dream of becoming the fourth nation to independently send humans into space came one step closer to reality on Tuesday.

Govt permits planting of trees on degraded land parcels for credits

In a move to incentivise environmental action and bolster forest restoration efforts, the Ministry of Environment, Forest and Climate Change (MOEFCC) has amended the green credit rules.

'There's a need for re-look at affordable housing definition'

Heads of India's leading housing finance companies met at Business Standard India Mortgage Leadership Conclave 2024 to discuss 'Housing for All - How Affordable is Affordable Housing?' The panel included T ADHIKARI, MD & CEO, LIC Housing Finance; JAIRAM SRIDHARAN, MD, Piramal Capital & Housing Finance; LAKSHMINARAYANAN DURAISWAMY, MD, Sundaram Home Finance; RAVI SUBRAMANIAN, MD & CEO, Shriram Housing Finance; and SHANTANU REGE, MD & CEO, Mahindra Home Finance.

'MORTGAGE GUARANTEES REDUCE RISK BY ACTING AS SHOCK ABSORBERS'

With the pandemic times well behind us, the interest rates for home loans are on the rise again. These high interest rates, in turn, reduce home loan eligibility. How do mortgage guarantees help the space, and what does the INDAS regime hold for financial institutions? Mahesh Misra, CEO, India Mortgage Guarantee Corp, talks about this and more in an interview. Excerpts:

'Developers looking beyond capital, aiming to tap smaller cities'

With multiple avenues of funding at their disposal, the builder community is extending its focus beyond capital - actively seeking inputs on strategy and scale-up.

'Banks must be allowed to fund developers for land acquisition'

The affordable housing segment has missed out on the housing boom that the country has been witnessing in recent years, says DEEPAK PAREKH, chairman of HDFC Life Insurance and HDFC Asset Management Company.

Putting rural India first

The book comes pre-reviewed by several rural development eminencegrises with whom the author collaborated as a government development professional.

Responsible innovation

Govt intervention should address the concerns of fintechs

Indonesia & Pakistan: Not two peas in a pod

Unlike Pakistan, Indonesia has harnessed its natural advantages to nurture a sustainable growth trajectory

Elections, manifestos, and the infra agenda

A review of the election manifestos of the leading political parties prior to the 2014 and 2019 general elections makes for interesting reading.

World economy has growing chance of soft landing: G20

The global economy has a growing chance of pulling off a soft landing, finance chiefs said in a draft of the G20's closing statement at this week's meeting in Brazil, citing fasterthan-expected disinflation as one of the risks.

US Army slashing thousands of jobs in major revamp

The US Army is slashing the size of its force by about 24,000, or almost 5 per cent, and restructuring to be better able to fight the next major war, as the service struggles with recruiting shortfalls that made it impossible to bring in enough soldiers to fill all the jobs.

FAA report finds Boeing safety culture inadequate, confusing

Boeing Co was faulted for an \"inadequate and confusing\" safety culture in a long-awaited report, which cited a breakdown in communications between senior management and other members of staff.

It's advantage BJP amid cross-voting in RS polls

Cross-voting by at least half a dozen legislators of the ruling Congress and support from three Independents helped the Bharatiya Janata Party (BJP) win the lone Rajya Sabha (RS) seat up for election from Himachal Pradesh.

Courts looking at arbitral awards can have mixed results

Allowing courts to modify awards arising out of arbitration could expedite dispute resolution, but it might also undermine their finality, say experts.

RBI eases reporting norms for REs, compliance burden

To reduce the burden of compliance on regulated entities (REs), the Reserve Bank of India (RBI) on Tuesday issued a master direction that removed obsolete instructions and consolidated 20 existing instructions, including one for finance companies.

Companies corp bonds line up ₹16,620 cr as yields soften

With the end of the central government's borrowing programme for the current financial year and state securities issuance remaining below the indicative amount on a weekly basis, investors are increasingly turning their attention to corporate bonds.

Russia's move to ban petro exports not to affect India

Russia's move to ban the export of processed petroleum for six months beginning March 1 won't affect India as it is not expected to extend to crude oil, refinery officials said.

IOCL to relaunch tender to set up green hydrogen production unit

State-run IOCL will relaunch a tender for setting up a green hydrogen production unit, sources said.