CATEGORIES

In a first: RBI conducts two VRRR auctions in one day

The Reserve Bank of India (RBI) conducted two overnight variable rate reverse repo (VRRR) auctions on Tuesday, marking the first instance of such action in a single day.

₹15 trn in direct tax mop-up comes in automatically'

Proportion of TDS, advance taxes in total collections inching closer to 80%

More disclosures, status report now part of voluntary liquidation plan

Company directors filing for voluntary liquidation process under the Insolvency and Bankruptcy Code (IBC) must disclose pending proceedings, assessments and litigations before the statutory authorities, the modified rules by the Insolvency and Bankruptcy Board of India (IBBI) have said.

ANNUAL SURVEY OF INDUSTRIES BY MOSPI U'khand saw sharpest dip in workforce during Covid

Apparel sector witnessed the worst decline in workforce in 2020-21

Alleyes on IT talent for bank, fintech boards

The situation at Paytm Payments to onboard top-flight information technology (IT) personnel in the financial services space.

HDFC Bank tracking Paytm episode

PAYIM SAGA AATHIRA VARIER Mumbai, 6 February HDFC Bank is talking to and evaluating the developments at Paytm, said Parag Rao, group head-payments, consumer finance.

Now, Blackstone objects to Aakash's debt conversion

Yet another storm is brewing at Byju's, with Blackstone, the US-based private-equity firm that owns 12 per cent in Aakash Educational Services Limited (AESL), objecting to Aarin Capital Partners converting its debt into equity in AESL.

Paytm in talks with RBI on wallets, FASTag

Denies reports of JioFin planning to buy firm

'Some slowdown likely during elections, confident of continued growth'

India's commercial vehicle industry (CV) is \"very strong\" and will continue to grow even if there is \"some slowdown\" in an election year, says DHEERAJ HINDUJA, executive chairman of Ashok Leyland, which achieved a record volume in CV production in the first nine months of FY24. In a video interview with Shine Jacob, the businessman spoke about the company's target of being among the top 10 CV makers in the world and external fundraising plans for Switch Mobility, its electric mobility subsidiary. Edited excerpts:

RBI mulls revoking Paytm PB licence or superseding board

Action may come once pipeline transactions settlec

PLI nodal agencies under review

Concerned over \"considerable delays\" in issuing incentives to eligible companies under the flagship production-linked incentive (PLI) scheme for various sectors, the Cabinet secretary-led committee has advised the government's think tank, NITI Aayog, to review the functioning of the nodal agencies involved with the scheme.

Decline in volume, revenue growth drags FMCG players

The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG).

Using ITR 2 or 3? Be prepared to make more disclosures

Contributed funds to a political party? Have gains from cryptos? The taxman wants more details

SBI earnings estimates cut after subdued 03 numbers

Analysts say bank stock may hold up if stake sale buzz turns out to be true

Blinken visits West Asia as Israel strikes Rafah

Won't accept ceasefire without guarantees of end to war, says Hamas

Legal safeguards for independent directors vital to attract top talent

All listed companies should provide legal and procedural safeguards to independent directors against criminal liability to attract more talent to the boards, the Confederation of Indian Industry (CII) has recommended in a set of guidelines released on Monday.

Sebi considers tweaks to MF stock categorisation framework

More stocks could get added to largecap, midcap universe; move could provide fund managers more flexibility

GAIL's strong Q3 performance may be priced in

GAIL (India) reported Ebitda of ₹3,820 crore in the October-December quarter (Q3FY24), driven by stronger-thanexpected performances in the gas transmission, LPG, and petchem segments.

UPL stock slumps 11% on weak Q3 results

The stock of the country's largest agrochemical company by revenues, UPL, fell 11 per cent in trade on Monday after posting weaker-thana expected October-December quarter performance.

AIF route to obtain QIB status may get tough

Individual investors taking the alternative investment fund (AIF) route to obtain the qualified institutional buyer' (QIB) status may find the going tough.

Govt extends 'public utility' tag deadline

The government has extended the deadline for industries involved in alumina and aluminium manufacturing, as well as bauxite mining, classifying them as \"public utilities\" for the next six months.

India's first private launchpad readies for takeoff

At Satish Dhawan Space Centre in Sriharikota a place that marked the majority of golden moments in the Indian space sector another history is set to be made.

Bilateral agreements

India must align its treaties with best global practices

Empowering 'Solar Didis'

India's coal-mining states would benefit greatly from a distributed solar programme for rural wommented in states such as Jharkhand and Chhattisgarh to ensure a just transition to a net-zero economy.

Status update

Meta has real world problems O n February 4, 2004, a little website was set up by a group of friends at Harvard University.

No rush to cut rates: Powell

Federal Reserve Chair Jerome Powell said Americans may have to wait beyond March for the central bank to cut interest rates as officials look for more economic data to confirm that inflation is headed down to 2 per cent.

Samsung chief Lee acquitted in succession suit

Samsung Electronics Chairman Jay Y Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger that prosecutors said was designed to cement his control of the tech giant.

'Russia's Google' Yandex's owner to exit in $5.2 bn deal

Yandex NV has struck a 475-billion-rouble ($5.21 billion) deal to sell what has been dubbed \"Russia's Google\" to a group of Russian investors, marking the biggest corporate exit from the counsince try Moscow invaded Ukraine almost two years ago.

Taylor Swift caps dominant year with record-breaking Grammy wins

Taylor Swift captured the Grammy Award for album of the year, capping off one of the most successful years in pop culture history by becoming the first singer to win the music industry's top prize four times.

India takes seat as energy policy driver at global stage

PM to inaugurate Goa event with energy ministers from 17 nations in attendance