CATEGORIES

Govt blocks Mahadev Book, 21 other illegal betting apps

THE MINISTRY OF electronics and information technology (Meity) on Sunday issued orders to block 22 illegal betting apps and websites including Mahadev Book Online and Reddyannaprestopro.

PNGRB firm on common carrier rule

THE PETROLEUM AND Natural Gas Regulatory Board's (PNGRB) move to end the dominance of city gas companies like Indraprastha Gas and Mahanagar Gas in their respective markets and make all such entities come under a network of 'common carrier' is still facing resistance from these companies, a member of the board told FE.

States' capex up 50% in H1

TELANGANA LEADS WITH 190% JUMP, ANDHRA SEES 142% RISE

Raymond's bet: Be in top-3 or exit

ON ONE HAND, Raymond Group has been exiting businesses - selling off businesses such as cement, steel, synthetic in the past couple of decades and consumer care venture recently - while on the other, it is acquiring some. The group has now entered into an agreement to acquire a 59.25% stake in Bengaluru-based Maini Precision Products (MPPL) for ₹682 crore.

IT firms reducing exposure to Apac

Wipro, TechM and LTI exiting low-value clients to buoy margins

Now, Sri Lanka cancel practice over filthy Delhi air

THE TOXIC HAZE in New Delhi forced Sri Lanka to cancel their training session on Saturday, disrupting their preparation for Monday's World Cup clash against Bangladesh in the heavily-polluted Indian capital.

Electoral bonds' sale from Monday

AHEAD OF ASSEMBLY elections in five states, the government on Saturday approved the issuance of 29th tranche of electoral bonds that will open for sale on November 6.

JioBharat lifts 4G feature phone shipments by 300%

THE LAUNCH OF JioBharat phones helped 4G feature phone shipments witness a 300% growth year-on-year in the July-September quarter, according to market analyst firm CyberMedia Research (CMR).

Why a bigger quake awaits western Nepal

SITUATED ON THE precarious Himalayan seismic zone, Nepal is a highly earthquake-prone country and its quakebattered western mountainous region is likely to face a threat of a bigger earthquake, a seismologist says.

157 killed as quake jolts Nepal

Nearly 160 aftershocks follow 6.4-magnitude midnight tremor

How shipping contributes heavily to climate change

The container shipping lines are betting on greener technologies, but there are still reasons those wagers could fail

Latest research links extinction of dinosaurs to dust

ON A SPRING DAY over 66 million years ago, an asteroid slammed into the sea just off the coast of modern-day Mexico.

'I cannot change my caste'

Caste may not be annihilated, but caste-identity and caste-affinity can be weakened by sustained effort. If common citizens and social and political leaders make a determined effort, the impact of caste on the social and political life of India can certainly be diminished. If this is an idealist view of life, I am happy to be an idealist

50-over format a test of skill and endurance

While a T20 is a one-tempo game and provides a sensory overload, a 50-over ODI has several layers and stages in it

Hosting Olympics is not about just two weeks, it's about a higher level of achievement

IOC Athletes Commission member Abhinav Bindra on what hosting the Olympics could mean for India, engaging with the younger demographic, grooming talent through robust organisations and the growing self belief of Indian athletes. The session was moderated by Senior Assistant Editor Mihir Vasavda

Reports Q2 net loss of ₹1,783 cr

MINING MAJOR VEDANTA (VEDL) has posted a consolidated net loss of ₹1,783 crore for the quarter ended September, hit mainly by a one-time exceptional item following the adoption of new tax rate. In comparison, the company had posted a net profit ₹1,808 crore in the year-ago quarter.

SEEKING TO OVERHAUL DEBT: Vedanta nears deal to raise $1.25 bn through pvt loan

VEDANTA GROUP IS in advanced talks to raise a $1.25 billion private loan with an interest rate between 18% and 20% as it seeks to overhaul its debt.

Sustainable the key ingredient corporate gifting this season in

IN THE ₹12,000-CRORE corporate gifting market in India, growing by over 200% annually, there is an 80% preference for eco-friendly gifts that send a positive message. The trend for conscious consumption is so dominant that there are brands solely focused on sustainable gifting.

BOB WORLD APP FIASCO: Bank MD says sacked CDO; Handa claims he resigned

WHILE BANK OF Baroda MD and CEO Debadatta Chand on Saturday said the bank has taken action against several of its staffers, including former chief digital officer (CDO) Akhil Handa, by terminating their employment after the BoB World app fiasco, Handa claims he had resigned, and the bank is just \"deflecting from its operational lapses\" by saying it terminated employees.

SBI PAT up 8% to ₹14,330 cr

STATE BANK OF INDIA (SBI) on Saturday reported an 8% year-on-year (YoY) rise in its September quarter net profit at ₹14,330 crore, largely led by robust advances and core income growth.

NO CONSOLIDATED NUMBERS FOR FY22: Byju's core biz revenue up 2.3x, Ebitda loss narrows

EVEN AFTER A delay of almost a year, Think and Learn, the parent firm of Byju's, has managed to announce only its standalone numbers for FY22.

Free ration to 800 m for five more years

PM announces extension of Garib Kalyan Anna Yojana

Sam Bankman-Fried convicted of FTX fraud

FTX FOUNDER SAM BankmanFried's spectacular rise and fall in the cryptocurrency industry - - a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future run for president - hit rock bottom Thursday when a New York jury convicted him of fraud for stealing at least $10 billion from customer and investors.

China warms to Micron as tensions with US ease

CHINA'S COMMERCE MINISTER told Micron Technology's president Beijing would welcome the US semiconductor company deepening its footprint in the Chinese market, signally a further thaw in relations between the world's top two economies.

BLINKEN MEETS NETANYAHU US urges Israel to take steps to protect civilians

Israel’s ground forces have completely surrounded Gaza City

Enough material against Naresh Goyal, says court

THERE IS SUFFICIENT material at this stage to prima facie show involvement of Jet Airways founder Naresh Goyal and his wife Anita in a money laundering case linked to an alleged fraud of 538 crore at Canara Bank, a special court here noted while taking cognizance of the Enforcement Directorate's chargesheet against the couple in the case.

Shami's jersey sold out swiftly ahead of Eden Gardens match

ADJOINING THE SPRAWLING maidan and the Eden Gardens is what the locals call - the largest sports goods market in Asia.

'MOST DESTRUCTIVE FORCE IN HISTORY': Musk warns that Al will eliminate 'need for jobs'

xAI product to be offered to select group’, says Musk

Chola to double new biz verticals' share in 2-3 yrs

CHOLAMANDALAM INVESTMENT AND Finance Company (Chola), the financial services arm of Murugappa Group, is looking to achieve an asset under management (AUM) growth of 25-30% for FY24.

A minefield yet

Policies to boost non-fuel mining haven’t yielded results; huge job and value creation potential is still squandered