CATEGORIES

Byju's rights issue gets $300 mn commitment

Edtech major Think and Learn, which operates under Byju's brand name, is learnt to have received a commitment of $300 million from investors for its ongoing rights issue which will close by the end ( February, sources aware of the development said.

SC orders SpiceJet to clear Credit Suisse dues

Have money to buy Go First but not pay the swiss company: Apex court raps Ajay Singh; tells him to pay dues by Mar 15

'Tailwinds may support momentum in residential space'

Bengaluru-based real estate developer Brigade Enterprises, which reported robust third-quarter (Q3) earnings, attributed its growth in the residential and hospitality sector to a strong demand environment, improved pricing, and structural factors. PAVITRA SHANKAR, managing director of Brigade Enterprises, talks about the company's strategic business initiatives, meticulous product development, and expansion plans in an interview with Aneeka Chatterjee in Bengaluru. Edited excerpts:

Bidding pipeline in West Asia remains very strong: L&T

Larsen & Toubro (L&T) on Monday said its bidding pipeline from West Asia remains strong.

L&T takes on global peers with electrolyser play

Engineering conglomerate Larsen & Toubro (L&T) is preparing the ground to begin the commercial sale of electrolysers in September, which would 50 per cent cheaper than its European counterparts, a senior company executive has said.

Air India, TASL to invest ₹2,300 crore in Karnataka

Air India and Tata Advanced Systems Ltd (TASL), a player in aerospace and defence solutions, on Monday signed a memorandum of understanding (MoU) with the Karnataka government for an investment of 2,300 crore in the state's aerospace and defence sector.

Whirlpool promoter may sell up to 24% in India subsidiary

Deal size may range between 2,337 cr and 3,739 cr

5 crops at MSP for 5yrs: Centre's offer to farmers

The Centre has broached a proposal to buy the marketable surplus in the cases of masoor (lentil), urad (black gram), arhar, maize, and cotton over the next five years at their minimum support prices (MSPs) to break the logjam in talks with protesting farmers, Food Minister Piyush Goyal said late on Sunday.

JSW in talks to buy 20% in Australian coal mine for $1 bn

Whitehaven selling part of stake in Blackwater mine

Earnings growth no match for rally in CPSU stocks

Valuation rerating largely behind surge in mcap

After a dry spell, SoftBank rides AI wave to power India story

Even as SoftBank's Founder and Chief Executive Officer Masayoshi Son, seeks $100 billion to build a new venture in AI chips, the firm will kick off its Al-focused investment in India in 2024.

Harley, Triumph blaze a trail, give Enfield a tough ride

Make waves in above 350cc segment, growing demand spurs production growth

6x rise in demand for women apprentices in manufacturing sector

Auto, electronics sectors have become gender-agnostic in apprentices' recruitment for the shop floor: Team Lease

The new challenge on the banking turf

Raising deposits to keep pace with loan growth and keeping credit cost low top the agenda for banks

Climate side of AI: Its thirst forenergyis massive

Much has been written and demonstrated about how artificial intelligence (AI) improves efficiency and saves money across sectors.

PERSONAL AI IN YOUR COMPUTER

Chip and device manufacturers get a boost as consumers worldwide demand powerful machines, reports Ashutosh Mishra

Doctor liable to penalty for causing disability

Ajeet Kumar, an 11-year-old 8th grader, broke his hand on December 29, 200

'Valuations elevated, but earnings growth provides comfort'

India is poised to perform well, even in the face of a potential slowdown in the US economy, thanks to robust domestic demand fuelled by construction and homebuilding activities, according to ANISH TAWAKLEY, deputy chief investment officer, equity, ICICI Prudential Mutual Fund. In an email exchange with Abhishek Kumar, Tawakley expresses confidence in domestic cyclicals driving future performance. Edited excerpts:

Diversify across borrower profiles when lending on a P2P platform

Restrict lending on these platforms to a portion of your high-risk fixed-income allocation

SHIFTING PARADIGMS RETAIL SHUFFLE MEETS FPI MARKET DRIVE

Juxtaposing the change in the shareholding pattern of stakeholders with stock price movement during a quarter reveals interesting trends.

Valuation adrift: Uncharted course of low-float PSU rally

10 PSUs, with public shareholdings below 14%, ride the current, rallying 76% to 4.5x

Reserving success: Hotel stocks thrive as demand checks in for the long stay

Ride the wave of Q3FY24 strength, fuelled by rising average room rates and enhanced occupancy

More effort needed

India's track record better than APAC peers on SDGs

Stocktaking on the fintech revolution

Financial economic policy in India holds back the possibilities

Immigration crisis, Made in America

The immigration crisis at the southern border has become a defining issue of this year's presiT dential election.

The antitrust enforcers aimed at Big Tech. Then came the backlash

The South Korean government unleashed a wave of panic across the internet industry: The country's antitrust regulator said it would enact the toughest competition law outside Europe, curbing the influence of major technology companies.

China's NY travel and spending top pre-Covid levels

Chinese travel and spending during the Lunar New Year holiday exceeded levels from before the pandemic, adding to signs that consumption in the world's second-largest economy is improving.

Apple may be fined €500 mn by EU for music services: FT

The European Union is close to hitting Apple with its first ever antitrust fine as well as a ban on App Store rules that bloc the believes thwart competition, according to the Financial Times.

Dubai's golden visas helping city defy global office slump

At the height of the global pandemic, as Dubai faced an exodus of expatriates and mounting competition from neighboring business hubs, the government opened up.

PML-N, PPP fail to reach accord on seat-sharing

To meet again today to arrive at a consensus