CATEGORIES

Mumbai gets new luxury mall as Jio World Plaza opens doors

750,000 sq ft mall will have 66 luxury brands

Siemens Energy considers selling part of Indian stake

SIEMENS ENERGY IS considering selling a substantial part of its 24% stake in a listed Indian affiliate to former parent Siemens as part of efforts to shore up its balance sheet, according to people familiar with the matter.

Bharti Airtel net down 17% to ₹1,341 crore

OWING TO A one-time tax provisioning charge, Bharti Airtel on Tuesday missed estimates on the net profit front during the July-September quarter. The company saw a 17% quarter-on-quarter fall in its net profit to ₹1,341 crore against a Bloomberg estimate of ₹3,205 crore

Sugar output to decline by 8% to 33.7 MT: ISMA

INDIA'S GROSS SUGAR production is estimated to decline 8% to 33.7 million tonne (MT) in the 2023-24 season (October-September) compared to previous season, Indian Sugar Mills Association (ISMA) said on Tuesday in the first advance estimate of the output

Russian oil imports slip in Oct

INDIA'S OIL IMPORTS from Russia averaged 1.57 million barrels per day (million bpd) in October, down from 1.78 million bpd in September, as per Kpler data. India's overall oil imports for the month, however, rose 8.1% sequentially to 4.50 million bpd, mainly on the back of higher imports from Riyadh

Brazil offers India ethanol tech to settle sugar dispute

BRAZIL HAS OFFERED to share its ethanol technology to enable India to keep some of its sugar production off the global markets, and bring an end to a dispute between the two countries at the World Trade Organisation (WTO), a senior official said

Tax collection up 16.3% in H1 against FY24 BE of 10%

THE CENTRE'S TAX collections continued to exhibit buoyancy with gross tax revenue (GTR), net of refunds, recording 16.3% year-on-year growth in the first half of FY24, data released by the Controller General of Accounts (CGA) showed on Tuesday

Strong tax, non-tax receipts boost Centre's finances

Capex grew 43% in H1, nearly half of annual target met

Sept core sector output falls to four-month low

INDIA'S EIGHT CORE industries' growth fell to a four-month low of 8.1% in September from a 14month high of 12.5% in August, primarily due to a sharp decline in the growth in production of electricity, crude oil and refinery products, according to data released by the government on Tuesday.

iPhone hacking alerts: Centre orders probe

THE GOVERNMENT WAS caught in the eye of a storm with several Opposition leaders on Tuesday sharing screen shots on social media platform X of notifications received on their iPhones warning them of a threat of state-sponsored hacking attack

Consumers go premium this festive season

WITH DIWALI LESS than a fortnight away, the premium consumer durable counters retail outlets are the busiest

Q2 GDP numbers may surprise on the upside: RBI governor

RESERVE BANK OF India (RBI) governor Shaktikanta Das on Tuesday said that the second-quarter gross domestic product (GDP) numbers are expected to surprise everyone on the upside. The central bank had earlier projected the GDP to grow at 6.5% in Q2FY24

ITC divestment off govt agenda

Value of the stake has more than doubled in less than two years

Israel Attacks North Gaza's Main City From Both Sides

Israeli soldier freed during ground operation, Israeli army says

Pakistan vs Bangladesh in Kolkata: Political, historical drama awaits

ROUGHLY FOUR KILOMETRES from the Eden Gardens, near the Sealdah Railway Station, is the Father of the Nation Statue. Backdropped by the flags of their respective nations are the busts of Mahatma Gandhi and Sheikh Mujibur Rahman, his Bangladesh counterpart, side by side

Maratha quota stir turns violent; homes of 2 MLAs torched

THE AGITATION TO demand reservation for the Maratha community turned violent on Monday as protesters in Marathwada region blocked highways, damaged state-run buses and targeted the residences of two NCP MLAs and office of a BJP MLA, indulging in arson and damaging the premises

Markets sprinting towards more new investors: NSE

TECHNOLOGY  ADVANCEMENT IS spurring more people to enter the Indian markets that are now brimming with new investors, most of which have started investing over the past two-three years especially during and in the aftermath of Covid-19 pandemic

RIL: All-round show, O2C outlook positive

Q2FY24 Ebitda exceeds estimates, driven by strong refining margins

Google CEO testifies in US antitrust trial

SUNDAR PICHAI, CEO of Alphabet Inc and its subsidiary Google, testified Monday in a once-in-a generation antitrust fight with the US government that the company sought to make browser use and internet search easy and secure

Fincare merger to grow AU SFB's micro loan book

THE PROPOSED MERGER of Fincare Small Finance Bank (SFB) with AU SFB will lead to a higher focus on growing the latter's microfinance (MFI) loan book, MD & CEO Sanjay Agarwal said in a press conference on Monday

SC drops contempt case against NCLAT bench in Finolex row

₹1-crore fine on Deepak Chhabria

Dabur's ayurvedic game plan to win over youth

MANY INDIANS START their day with a spoonful of Dabur Chawanprash, an Ayurvedic immunity booster

Talks on to close equity funding first, says Vi CEO

VODAFONE IDEA CEO Akshaya Moondra on Monday said the company is currently focusing on tie-up equity investments first, which is expected to be concluded in the next two months.

ED summons Kejriwal; questioning on Nov 2

Appearance order issued under PMLA

PM kicks off multiple projects worth ₹5,800-crore in Gujarat

PRIME MINISTER NARENDRA Modi on Monday said that the north Gujarat will be a major contributor to the country's green hydrogen drive, apart form being a solar energy hub

Petroleum products output up 3.8% in first half of FY24

INDIA'S PRODUCTION OF petroleum products rose 5.5% on year to 21.5 million tonne in September, according to data from the Petroleum Planning and Analysis Cell

Mutiple EOIS for IMPCL stake sale

THE CENTRE HAS received multiple Expressions of Interest (Eols) from bidders for acquiring Indian Medicines Pharmaceutical Corporation (IMPCL), a state-run ayurveda and unani medicines manufacturer

Customs using latest tech to detect illicit trade: CBIC head

INDIA'S CUSTOM AUTHORITIES are actively deploying' cutting-edge technologies including big data analytics, artificial intelligence, image analytics to detect fraud and curb illegal trade, Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Agarwal said on Monday

India pushes for talks on WTO dispute body

US starts to engage on the issue after blocking appointments to the appellate body in 2017

Goenka passes SAT test

Enables his return as MD and CEO