CATEGORIES

Our terrains are different, and so is the 'drive'

The head of Jeep’s India operations told FE that the drive’ is less about market share, and more about customer satisfaction

POOR GOVERNANCE: RBI supersedes board of Abhyudaya Co-op Bank

Central bank appoints administrator to manage affairs, panel to help him

IL&FS invites bids for TN power unit stake

DEBT-LADEN Infrastructure Leasing & Financial Services (IL&FS) has put its stake in IL&FS Tamil Nadu Power Company (ITPCL) up for sale and invited expressions of interest from potential bidders.

Anish Shah to take over as Ficci president 999

INDUSTRY BODY FICCI on Friday said Anish Shah - Mahindra Group CEO and managing director of its parent firm Mahindra & Mahindra - will take over as its president next month.

Reliance Nippon leases BKC space for 5 yrs at ₹62 cr

RELIANCE NIPPON LIFE Insurance has taken a ₹48,924 square feet space on lease in Inspire BKC, a commercial property owned by Adani Group in Bandra Kurla Complex (BKC), Mumbai, said sources in the know. The insurance firm will pay a total rent of ₹62.4 crore for a five-year lease period.

Delhi airport will cross 70 mn passenger traffic in FY24: CEO

T2 to be converted into an international terminal for some time

Pilot's video is Congress response to BJP

ON FRIDAY, RAJASTHAN Chief Minister Ashok Gehlot tweeted a video clip of Sachin Pilot appealing for votes, referring to him as \"the Congress's young leader\".

Free ration scheme: Govt asks states to continue lifting grains after December

THE UNION GOVERNMENT has asked states to continue to lift food grains under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) free of cost, confirming the scheme will not end by the current deadline of December 31.

India, EU sign pact for ties on semiconductors

INDIA AND THE European Union on Friday signed a memorandum of understanding (MoU) on cooperation on the semiconductor ecosystem, which will facilitate investments, joint ventures and technology partnership including manufacturing facilities.

Bharatmala: Fresh Cabinet nod sought

Highway ministry move follows doubling of scheme’s cost

Private chopper demand takes off on elections

COST OF CHARTERING A HELICOPTER SOARS TO ₹3.5 LAKH PER HOUR

Berkshire exits Paytm, sells entire stake for ₹1,371 cr

WARREN BUFFET-BACKED BERKSHIRE Hathaway on Friday divested its entire 2.46% stake in Paytm's parent company One 97 Communications for ₹1,371 crore via an open market transaction.

SC reserves order on Adani-Hindenburg - Won't seek extension to finish probe: Sebi

THE SECURITIES AND Exchange Board of India (Sebi) on Friday told the Supreme Court that it would not seek an extension to complete the probe into the Adani group.

MSF borrowing crosses ₹2 trn to hit record high

BANKS' BORROWING THROUGH the Marginal Standing Facility (MSF) has crossed the 2-trillion mark to reach an all-time high of ₹2.34 trillion on Wednesday and ₹2.05 trillion on Thursday, showing that the liquidity has dried up further in the banking system.

The ₹2.6-trillion IPO frenzy

At 69.43x, Tata Tech most subscribed offering of over ₹2,000 cr in size

Sebi proposes easier insider trading rules

Company insiders may be allowed to mask their personal details

Obstructions delay Uttarkashi tunnel rescue operation

AS THE RESCUE operation to free 41 workers trapped inside the under-construction Silkyara-Barkot tunnel reaches its last leg, rescuers are navigating through some last-minute hurdles.

Will Nadal return for the Australian Open or wait till Roland Garros?

AUSTRALIAN OPEN CHIEF executive Craig Tiley reiterated his full confidence in the return of Rafael Nadal at the Australian Open next year on Thursday as the Spaniard continues his rehabilitation from the several different injuries that have plagued him over the past few years.

Personal loan growth to be constrained: Fitch

Global agency says the move is credit-positive

OpenAI saga allows capitalists to take over AI

WHAT HAPPENED AT OpenAI over the past five days could be described in many ways: A juicy boardroom drama, a tug of war over one of America's biggest start-ups, a clash between those who want AI to progress faster and those who want to slow it down.

Gaza ceasefire, hostage releases to begin today

Israel says truce could last beyond the initial four days

Regulations must support innovation: Rajeshwar Rao

THE REGULATORY FRAMEWORK must be redefined in such a manner that it supports innovation, Reserve Bank of India (RBI) deputy governor Rajeshwar Rao said in a speech on Thursday.

QIB, HNI interest keeps IPO universe buzzing

Four of the five issues see full subscription

Hammer expands to meet high smartwatch demand

CONSUMER ELECTRONICS STARTUP Hammer will increase its manufacturing capacity for smartwatches to 3,000 units per day next year, from the current 1,000 units a day, in a bid to match the increased consumer demand, particularly from cities in southern India.

Automakers increasingly asking us to go for virtualisation: KPIT CTO

AUTOMOBILE MANUFACTURERS ARE increasingly asking for virtualisation, a process which helps in testing the software used for modern car features without waiting for the actual hardware, said Anup Sable, chief technology officer (CTO) at KPIT Technologies.

NCLT relief for grounded Go First

THE NATIONAL COMPANY Law Tribunal (NCLT) on Thursday extended the timeline for the corporate insolvency resolution process (CIRP) of grounded airline Go First by 90 days. The extended period begins on November 6 and ends on February 4, 2024.

Mamaearth shares hit upper circuit after strong Q2 show

SHARES OF HONASA Consumer, the parent entity of beauty and personal care brand Mamaearth, rallied 20% on Thursday, hitting its upper circuit limit, following a strong uptick in Q2 sales and a neardoubling of its profit.

Taj Group data breach exposes personal info of 1.5 mn guests

ADATA BREACH at Taj Group, operated by Indian Hotels Company (IHCL), is likely to have exposed information of as many as 1.5 million guests who had stayed at its facilities. The data - which includes addresses, membership IDs and mobile numbers among others were over a period between 2014 and 2020.

Prices up, jeera flavour of season for Gujarat and Rajasthan farmers

LAST YEAR, RAJESH Patel, a farmer in Halvad, in Gujarat's Morbi district, sowed wheat in 15 bighas and jeera (cumin) in 7 bighas of his farm.

GenAI and data analytics driving online retail momentum: Experts

TECHNOLOGIES LIKE GENERATIVE AI, machine learning and big data analytics are transforming the e-commerce and retail landscape in India, improving and personalising consumer experiences, according to industry leaders who also believe that social commerce momentum is here to stay.