CATEGORIES

Musk's cybertruck is already a production nightmare for Tesla

THE CYBERTRUCK HASN'T even hit the market yet, and Elon Musk already is lamenting that Tesla has dug its own grave.

Zee5 plans to strengthen global content portfolio

ZEE5 GLOBAL PLANS to expand its blockbuster movie offerings as well as original shows in international markets, as it tastes success with the streaming of films like 'Gadar 2','RRR' and 'The Kashmir Files, chief business officer Archana Anand told FE.

Aster DM to sell Gulf biz to Alpha GCC for over $1 bn

To offload 65% under the pact

Gold bars and apartments in Tokyo: How money is flowing out of China

AFFLUENT CHINESE HAVE moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China's borders for nearly three years.

Israel and Hamas trade blame amid claims of truce violations

Hamas has pledged to stick to ceasefire as long as Israel sticks to its end

Sebi mulls tweaks to help AIFs buy stressed assets

SEBI ON TUESDAY proposed changes in the regulatory framework for special situation funds to facilitate the acquisition of stressed loans. Special situation funds (SSFS) are sub-category alternative investment funds (AIFs).

Active funds deliver alpha over long term: Report

ACTIVELY-MANAGED EQUITY funds have shown a firm trend of delivering alpha over the longer term (10 years), according to a report by Kotak Institutional Equities.

Jio Financial eyes mass market with low-ticket personal loans

Customers can apply for an instant personal loan online by visiting the MyJio app

Tata Power targets to double profit, revenue by FY27: CEO

TATA POWER IS looking to double its profit and revenue in the next three years with the major focus on renewable energy, chief executive and managing director Praveer Sinha said on Tuesday.

BCCI drags Byju's to NCLT

Tribunal to hear the case on December 22

Three fab units at likely $12-bn investment soon

THE GOVERNMENT EXPECTS three proposals from the industry for setting up semiconductor fabrication units worth $8-12 billion in the next couple of months, communications and IT minister Ashwini Vaishnaw said on Tuesday.

Luxury car share unmoved in 5 years

THE SHARE OF luxury cars in India has remained static in the last five years, highlighting their abysmal penetration levels in the world's third-largest automotive market and home to one of the highest number of millionaires.

150 automobiles sold every minute

AUTOMOBILE SALES HIT a record recently-concluded feshigh in the tive period with 3.8 million vehicles sold in six weeks, the Federation of Automobile Dealers Association (FADA) announced on Tuesday.

Govt has no plan to dilute stake in Voda Idea for now

NINE MONTHS AFTER converting Vodafone Idea's dues worth ₹16,133 crore, payable to the government on account of spectrum fee, into equity, the department of telecommunications (DOT) has asked the department of investment and public asset management (Dipam) whether some portion can be offloaded in the market.

Ready to collaborate with India: NASA

STEPPING UP COLLABORATION, National Aeronautics and Space Administration Administrator Bill Nelson on Tuesday said the US was open to helping India build its own space station.

HSBC India upgrades two credit card variants

HSBC INDIA HAS launched upgrades on HSBC Premier Credit Card and HSBC Cashback Credit Card, a press release said on Tuesday.

7 million mobile numbers blocked for financial frauds

TIGHTENING THE NOOSE around people involved in financial frauds, India has blocked 7 million mobile numbers due to suspicious activity,Vivek Joshi, secretary, department financial services (DFS), said on Tuesday.

16th commission being set up with 'generic' terms of reference

Climate, sustainable development goals likely to be in focus

Industry renews its demand for of taxes on capital gains overhaul

WITH THE INTERIM Budget to be presented in February, industry bodies and tax experts are learnt to have approached the government for a thorough review of the capital gains tax structure.

No cut in duty on imports of wheat, chana

THE GOVERNMENT HAS ruled out cutting the import duty on chana and wheat for now, as it thinks sufficient buffer is available to carry out market intervention initiatives at the retail as well as wholesale levels to cool prices.

Highway capex may rise 25%

THE CAPITAL EXPENDITURE outlay for the ministry of road transport and highways (MORTH) is likely to increase 25% on year in the next financial year to ₹3.2 trillion, according to an official source.

liAS writes to Raymond for probe against CMD

PROXY ADVISORY FIRM Institutional Investor Advisory Services India (IIAS) has urged the independent directors of Raymond to probe into the allegations against chairman and managing director Gautam Singhania made by his estranged wife Nawaz Modi.

SC relief adds ₹1 trillion to Adani m-cap

Biggest single-day gain since the Hindenburg report

Four reasons why India have five left-handed batsmen in top seven

Two coaches Bharat Arun and Sridharan Sriram explain the left tilt

Finmin, stakeholders to meet on cyber frauds

AFTER THE FALLOUT of the technical glitch at public-sector lender UCO Bank, the Finance Ministry has called for a meeting on November 28 to discuss digital payment frauds, financial crimes and cybersecurity measures to counter these From strengthening the National Cyber Crime Reporting Portal (NCRP), closely monitoring when dormant accounts become operational, to taking stock of the illegal loan app fiasco, the meeting will cover a wide range of issues facing India's financial ecosystem currently.

Bodies unclaimed, panel says kin under pressure, asks SC to step in

WITH THE BODIES of more than half of those killed in Manipur since May 3 lying unclaimed in the state's mortuaries, the Supreme Courtappointed panel is learnt to have expressed concern over victims' relatives facing \"pressure\" from civil society organisations to not accept the bodies, and urged the apex court to intervene.

Wage hike decision for PSB staff likely by mid-Dec

IBA to soon have the final meeting with unions and associations

Axis Bank eyes robust deposit growth

To expand branches and promote corporate salary accounts

UK hails $37-bn FDI in 'vote of confidence'

PRIME MINISTER RISHI Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to Europe's top spot as a destination for foreign money.

Israel, Hamas extend truce for 2 days

MEDIATOR QATAR SAID on Monday a deal had been reached to extend a truce between Israeli and Hamas forces in Gaza by two days, continuing a pause in seven weeks of warfare that has killed thousands and laid waste to the Palestinian enclave.