CATEGORIES

Apex court talks tough on 'bulldozer action'

The Supreme Court (SC) on Monday indicated its intention to establish pan-Indian guidelines to address concerns that authorities in various states were using house demolitions (bulldozer action) as a punitive measure against individuals accused of crimes.

RSS backs caste census for 'welfare of communities'

Says it should not be used as political tool; maintains all is well with BJP

Gadkari wants states to pitch for GST cut on flex-fuel vehicles

‘Biofuel share will be 50% of fossil fuels in 5 yrs’

Naidu leads rescue ops in flood-hit Andhra

Andhra Pradesh Chief Minister N Chandrababu Naidu led the rescue and relief efforts in flood-ravaged Vijayawada for the second consecutive day on Monday, visiting inundated areas in a boat, where unprecedented torrential downpour over the past three days has submerged several localities and left thousands of residents in need of succour.

RBI actions are to protect customers: Deputy guv

His comment comes amid recent curbs on some entities

'Ex-ICICI Bank CEO gave Buch heft sums of money'

\"I am convinced that the Sebi chairperson is corrupt since she and her husband whose combined income, which was around 1 crore per annum before she assumed the position at Sebi, has now gone up to 40-50 crore per annum.

Ethanol blending saved ₹99K cr since 2014: Puri

India's ethanol blending program has saved ₹99,014 crore in foreign exchange since 2014, Union petroleum minister Hardeep Singh Puri said on Monday.

Can't rely on rich to drive growth: Viral Acharya

India can't rely on wealthy individuals to drive growth and expect the overall economy to improve, Viral Acharya, former deputy governor of the Reserve Bank of India (RBI) said on Monday.

CEA warns against growing sway of financial mkts

Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday warned that as financial markets become bigger than the economy, it is natural, but not reasonable, that the priorities of the financial market dominate macroeconomic outcomes. But India, which looks ahead to 2047, should avoid this trend as its consequences in the developed world are there for all to see, he said.

Sanjiv Bajaj bats for debt mkt funding in long-term projects

Banks are ill-suited to lend for long-term projects and their funding should ideally come from the debt market through insurance and pension money, said Sanjiv Bajaj, managing director, Bajaj Finserv on Monday.

Kaynes' Sanand chip unit gets Cabinet nod

The Union Cabinet Monday approved India's fifth semiconductor facility, to be established by Kaynes Technology in Sanand, Gujarat.

Govt lines up ₹14,000 cr to boost farmer income

Seven new schemes aim to leverage technology, crop science in agri sector

100% of our chip capacity is tied up with global players'

The Cabinet on Monday approved the fifth semiconductor plant in the country, with Kaynes SemiCon receiving the go-ahead for its chip assembly and packaging unit.

Setty: SBI aims for cashflow-based lending to SMEs

Mumbai, 2 September State Bank of India (SBI), the country's largest lender, is aiming for a complete shift with regard to loans to the SME sector of up to 5 crore, from collateral-based assessment to cashflow-based loans backed by credit guarantees to improve access to funds, according to its chairman CS Setty.

WazirX looks for white knight; users set to lose 43% funds

Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure.

Adani Green to form ₹3.7K cr JV with Total

Adani Green Energy on Monday said its board had approved definitive agreements for a $444 million (about 3,700 crore) investment from TotalEnergies to form a new 50:50 joint venture (JV).

'Looking to invest in 8 to 10 strong brands, build portfolio in 2-3 years'

Kolkata-based fast-moving consumer goods firm Emami on Saturday said it would buy the balance 49.6 per cent stake in Helios Lifestyle Pvt Ltd, the owner of men's grooming brand The Man Company, giving it complete ownership. In an interview in Kolkata, Emami Vice- chairman and Managing Director HARSHA V AGARWAL takes Ishita Ayan Dutt through the plans to make The Man Company a ₹1,000 crore brand, and the focus going ahead. Edited excerpts:

Samir Modi for personal, not trustee block vote

Says AGM vote on Sep 6 should be according to share in the trust

...cuts price of small cars to spur sales

Maruti Suzuki India Ltd (MSIL) on Monday reduced the prices of certain variants of two mini cars, Alto K10 and S-Presso, by up to 6,500 amid a significant drop in their sales during the last several months.

Maruti plans to tap new markets, smaller towns...

To launch Arena Satellite showrooms for retailing non-premium models

Even as Sebi WTM, Buch drew 'salary' from ICICI Bank: Cong

No paymentto her other than retiral benefits, Clarifies lender

Wealth of richest 185 Indians surges past $1 trillion, one woman in top 10

Fortune India-Waterfield Advisors report says the wealth of India's dollar billionaires rose 50% in just under 3 yrs

Zero-brokerage model on last legs with new fee rules

Discount brokers may raise charges

'Sebi chairperson is corrupt, alleges Zee's Subhash Chandra

Regulatory official dubs charges 'malicious and opportunist'

NBFCs May Soon Join Tech Credit Wave On UPI-Like Innovation

RBI likely to allow access to both legacy, fintech NBFCs

NGOs back Dharavi project, say only non-locals oppose

Several non-government organisations (NGOs) working in Dharavi have pledged their support to the ongoing state government-led survey of informal tenants in Asia's biggest slum and accused non-locals of trying to stall redevelopment by spreading misinformation, according to letters they wrote to state government authorities.

Al-powered Shram Suvidha portal likely by yr-end

The labour ministry is set to launch a revamped, user-friendly version of the Shram Suvidha portal by the end of the year to aid in improving the ease of doing business.

Chenn.Al connected: Tamil Nadu plugs into Google's Al mainframe

Collaboration to power Al startups, supercharge workforce skills, and drive MSME tech adoption

Catching a breath

Delhi's air quality has improved this monsoon, primarily due to abundant rainfall, but the national capital's air pollution issues are far from resolved.

Virtual fame, real gain

How home brokers are gaining internet celebrity as real estate influencers