CATEGORIES

Business Standard

Digital antitrust law may cover 'killer acquisitions

The Ministry of Corporate Affairs may consider bringing \"killer acquisitions\" - deals where a dominant company acquires a smaller innovative firm to prevent competition within the ambit of the proposed digital competition Bill, a senior official said.

time-read
2 mins  |
August 23, 2024
Business Standard

'Complex and expensive': Further tranches of SGBs unlikely

The Union government is unlikely to issue further trances of sovereign gold bonds (SGBs), because they are now viewed as a \"complex and expensive instrument,\" according to a senior government official.

time-read
1 min  |
August 23, 2024
GST rate panel for keeping 4-slab structure 'for now'
Business Standard

GST rate panel for keeping 4-slab structure 'for now'

Asks fitment panel to submit findings on potential impact of rate changes to Council at Sep 9 meet

time-read
3 mins  |
August 23, 2024
Chennai design engine powers Ford's global hits
Business Standard

Chennai design engine powers Ford's global hits

Ford Business Solutions in the city behind popular models, such as F-Series, Explorer, Transit, and Ranger

time-read
2 mins  |
August 23, 2024
Business Standard

Adani family to sell 3% in Ambuja Cements today

Plans to raise up to 4,197 cr via block deals

time-read
3 mins  |
August 23, 2024
Business Standard

Keep LTV below 75% to avoid topping up collateral on price fall

Despite the Reserve Bank of India's (RBI) directive in May 2024 limiting cash disbursements ₹20,000, the popularity of gold loans remains undiminished, according to rating agency CRISIL.

time-read
2 mins  |
August 22, 2024
Nykaa stock hits fresh high after nearly 2 yrs
Business Standard

Nykaa stock hits fresh high after nearly 2 yrs

Shares of FSN E-Commerce Ventures, the operator of beauty and personal care (BPC) brand Nykaa, hit a two-year high of 228.5, surging 18.6 per cent on the BSE during Wednesday's intraday trade, driven by heavy volumes.

time-read
2 mins  |
August 22, 2024
Business Standard

NCLT approves delisting of ICICI Securities

Dismissing objections raised by minority shareholders, the National Company Law Tribunal (NCLT)-Mumbai on Wednesday approved the delisting of ICICI Securities from the stock exchanges.

time-read
1 min  |
August 22, 2024
Sebi's rights issue reset may need tightrope walk
Business Standard

Sebi's rights issue reset may need tightrope walk

Legal experts say reduced timeline welcome but some proposals may compromise quality of issuances

time-read
2 mins  |
August 22, 2024
Equity exposure of BAFS dips as valuations reach new highs
Business Standard

Equity exposure of BAFS dips as valuations reach new highs

HDFC BAF's exposure drops below 50%, ICICI BAF's at 20-month low

time-read
2 mins  |
August 22, 2024
Brokerages stop referral schemes after NSE diktat
Business Standard

Brokerages stop referral schemes after NSE diktat

Several brokerages have discontinued their referral programmes after a circular issued by top bourse National Stock Exchange (NSE) prohibited them from offering incentives to referrers unless they are registered authorised persons (APs).

time-read
1 min  |
August 22, 2024
Business Standard

AIIMS forms panels for safety audits

The All India Institute of Medical Sciences (AIIMS), New Delhi, on Wednesday appealed to striking resident doctors to resume duties in the interest of patient care, saying a collaborative internal security audit will be conducted to assess safety and security measures within the campus.

time-read
1 min  |
August 22, 2024
Lakshadweep takes off, Maldives out of favour
Business Standard

Lakshadweep takes off, Maldives out of favour

April-June passenger traffic to Indian island doubled from year-ago qtr

time-read
2 mins  |
August 22, 2024
DSR DAWDLE
Business Standard

DSR DAWDLE

Despite all benefits, adoption of direct seeding of rice has been woefully low among farmers due to fear of yield loss because of weeds

time-read
5 mins  |
August 22, 2024
Business Standard

Andhra to woo investors armed with green policy

Brookfield to pump ₹50K cr into developing renewable energy project

time-read
2 mins  |
August 22, 2024
BJP set to win unopposed on nine of 12 Rajya Sabha seats
Business Standard

BJP set to win unopposed on nine of 12 Rajya Sabha seats

The 12 vacancies in the Rajya Sabha (RS) are set to be filled without voting, which will see the Bharatiya Janata Party (BJP) win nine seats, including two that it will wrest from the INDIA bloc, helping it inch closer to a 100 seats by the winter session in the 245member Council of States.

time-read
2 mins  |
August 22, 2024
Business Standard

Investment revival

Among the four drivers of the economy - private consumption, investment, government spending, and exports-government spending, particularly through capital expenditure, has been the predominant force behind India's growth in recent years.

time-read
2 mins  |
August 22, 2024
Business Standard

Tibet and India's China conflict

Sulmaan Wasif Khan's slim volume of 177 pages is part of the ongoing New Cold War project of the Wilson Centre, drawing upon the wealth of archival material that became available, though briefly, in Russia and the People's Republic of China (PRC) after the end of the Cold War.

time-read
3 mins  |
August 22, 2024
Business Standard

Budget's urban plan

As India's urbanisation picks up pace, with over 35 per cent of its population currently living in cities and over 50 per cent expected to urbanise by 2050, the government's push towards prioritising urban development could not have been more timely.

time-read
3 mins  |
August 22, 2024
Who will guard the guardians?
Business Standard

Who will guard the guardians?

Parliament needs to institute oversight mechanisms for regulators, who oversee markets, without compromising their autonomy

time-read
4 mins  |
August 22, 2024
How tech companies are obscuring Al's real carbon footprint
Business Standard

How tech companies are obscuring Al's real carbon footprint

Tech companies' relentless push into artificial intelligence (AI) is coming at an undisclosed cost to the planet.

time-read
2 mins  |
August 22, 2024
Business Standard

Walmart sells entire JD.com stake for $3.7bn

REUTERS 21 August Walmart, the biggest shareholder of Chinese e-commerce firm JD.com, has sold its entire stake, according to a person familiar with the matter, exiting an eight-year investment to focus on its own operations in China.

time-read
1 min  |
August 22, 2024
China opens probe into European dairy imports
Business Standard

China opens probe into European dairy imports

China has opened an anti-subsidy investigation into imported dairy products from the European Union (EU), a step that appears mainly aimed at Ireland and in response to the bloc's curbs on its electric vehicle exports.

time-read
1 min  |
August 22, 2024
UK to speed up returns, curb illegal migration
Business Standard

UK to speed up returns, curb illegal migration

Keir Starmer's government pledged to increase deportations of people with no legal right to stay in the United Kingdom (UK) to the highest rate in five years, an effort to show it is responding to Britons' concerns about rising immigration.

time-read
1 min  |
August 22, 2024
Ukraine attacks Russia with over 45 drones
Business Standard

Ukraine attacks Russia with over 45 drones

Moscow claims it to be the 'biggest' drone attack the city has ever faced

time-read
1 min  |
August 22, 2024
Obamas electrify crowd but warn of tight race
Business Standard

Obamas electrify crowd but warn of tight race

Barack and Michelle Obama delivered blistering critiques Republican nominee Donald Trump while painting Vice-President Kamala Harris as the heir of their historic political legacy in addresses that capped the second night of the Democratic National Convention (DNC).

time-read
1 min  |
August 22, 2024
Business Standard

DMI Finance set to raise funds from MUFG at $3 billion valuation

Indian shadow bank DMI Finance Pvt said it's raising fresh funding from Japan's Mitsubishi UFJ Financial Group Inc.at a valuation of about $3 billion as it seeks to ramp up its lending.

time-read
1 min  |
August 22, 2024
Business Standard

Funding constraints may slow NBFCs' growth: ICRA

Non-banking financial companies (NBFCs) are expected to face challenges related to funding availability, which could slow their growth compared to the strong expansion seen in the past two financial years, 四 according to a report by ICRA.

time-read
1 min  |
August 22, 2024
Business Standard

IBA to take up foreign bank concerns with RBI

Indian Banks' Association (IBA), a representative body of Indian banks and financial institutions, will discuss the matter of mandatory local data storage with the Reserve Bank of India (RBI) on behalf of foreign banks.

time-read
1 min  |
August 22, 2024
Deposit rates better mimic policy rate changes than credit
Business Standard

Deposit rates better mimic policy rate changes than credit

RBI data shows PSBS effected higher increase in interest rates on term deposits compared to their private sector peers

time-read
1 min  |
August 22, 2024