CATEGORIES

SC order on land row drags Aditya Birla realty shares

THE SHARES OF Aditya Birla Real Estate (formerly known as Century Textiles and Industries) fell 4.57% on Wednesday after the Supreme Court overturned a 2022 ruling by the Bombay High Court, which had favoured the company in a land dispute with the Municipal Corporation of Greater Mumbai (MCGM).

E-comm, q-comm major driver of demand in the country

Welspun One, the logistics and industrial property arm of Welspun Group, recently said it plans to raise ₹3,000 crore to fund its expansion.

Top contenders shortlisted for ₹10k-cr AI compute initiative

List includes Yotta Data Services, Jio Platforms, Tata Communications

Infinity Fincorp loan book tops ₹1K cr

MUMBAI-BASED INFINITY FINCORP, which provides loans against property for MSME borrowers, has increased its loan book to over ₹1,000 crore, company founder, MD and CEO Shrikant Ravalkar told FE in an interaction.

Inter-ministerial team to govern AI proposed

A PANEL APPOINTED by the ministry of electronics and IT (MeitY) has recommended an inter-ministerial approach to govern artificial intelligence (AI).

Wilmar readies post-Adani exit blueprint

SINGAPORE-BASED WILMAR INTERNATIONAL is likely to strengthen the food portfolio of Adani Wilmar by introducing products such as cheese, ready-to-eat meals and snacks after the exit of the Indian partner, sources have told FE.

Nadella: India must balance AI ambition with investment

INDIA HAS THE potential to be a global leader in artificial intelligence (AI), but it must carefully weigh its investments in building foundational AI models, Microsoft chairman and CEO Satya Nadella said on Wednesday.

New Isro chief, the brain behind cryogenic success

FROM CHANDRAYAAN to the latest Space Docking Experiment (SpaDeX) and the upcoming Gaganyaan missions, the Indian Space Research Organisation (Isro) is \"going through a successful phase\", new Isro chairman, Dr V Narayanan, said on Wednesday.

Faceless document registration in Maha

THE MAHARASHTRA GOVERNMENT will launch a \"faceless\" initiative for certain types of document registration, allowing citizens to complete the process from the comfort of home, chief minister Devendra Fadnavis said on Wednesday.

PM Launches Projects Worth Over ₹2 Lakh Cr in Andhra

Prime Minister Narendra Modi on Wednesday virtually laid the foundation stone and launched projects worth over ₹2 lakh crore here.

'Higher corporate efficiency also behind lower wage growth'

The trend of manufacturing companies outsourcing services impacted wage growth in India, Sanjiv Puri, president of the Federation of Indian Industry (CII), said in an interview.

DPIIT Looks at Policy Tweaks to Boost FDI

THE DEPARTMENT FOR promotion of industry and internal trade (DPIIT) held a consultation with stakeholders on Wednesday on ways to increase the inflows of foreign direct investment (FDI) by carrying out required changes in regulations.

Steel import duty may lead to steep price hike

STEEL PRICES IN 2025 would be much higher than last year's if the proposed safeguard duty on steel imports is imposed by the end of next month, rating agency Crisil said on Wednesday.

Gold imports overstated by $11.7 bn in Apr-Nov: Govt

INDIA OVER-COUNTED ITS gold imports for every single month of the current financial year up to November with cumulative over-reporting to the tune of $11.73 billion, or 31%. This was revealed in a review triggered by a sharp, inexplicable spike in imports of the yellow metal in November.

BP bags contract to operate ONGC's Mumbai High field

BRITISH MULTINATIONAL BP has been selected as the technical service provider for the enhancement of production of state-owned Oil and Natural Gas Corp's Mumbai High oil and gas field by up to 60% over baseline levels over a 10-year period.

Digital farmer ID must to apply for PM Kisan benefits

States requested to upgrade land records

'The plan is profitability first, followed by IPO’

With an eye on profitability, edtech firm Unacademy is charting a steady path forward as it competes with industry heavyweights in a rapidly evolving market.

Foxconn, Dixon Urge Govt to Pay ₹700 Cr in Pending PLI Subsidies

Apple supplier Foxconn Technology Group and Dixon Technologies India are asking the government to pay them crores in subsidies they think they are entitled to under the production-linked incentive (PLI) scheme.

No pre-emptive tariff overhaul

Routine customs duty rejig likely

Swiggy serves Snacc to take on Zomato in 15-minute delivery

FOOD AND GROCERY delivery platform Swiggy has launched a new initiative - Snacc - in the competitive quick food delivery space.

Modest Q3 on the cards for India Inc

AFTER A DISAPPOINTING September 2024 quarter, in which aggregate net profits for India Inc barely grew, companies are expected to turn in a better performance for Q3FY25.

Nvidia Unveils New Tech for Gamers

Also announces first desktop PC

HMPV: Centre asks states to step up surveillance of respiratory illnesses

Two suspected cases of the virus were reported from Nagpur, taking the total number to seven

Samsung CEO touts AI fridges & washers

SAMSUNG ELECTRONICS IS ramping up investment in AI for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.

Only 1 in 5 Sees Household Income Rising in '25: Study

ONLY 24% OR 1 out of every 5 Indians expects their household income to rise in 2025, a survey released on Tuesday showed.

'Inequality, climate change to be big urban issues'

IE THINC SECOND EDITION: OUR CITIES

A boost to Act East policy

Odisha can unlock its vast potential in industries such as manufacturing, logistics, and tourism, propelling the state towards a prosperous and sustainable future

Orbit, Sanabil Launch Startups' Accelerator

ORBIT STARTUPS (ORBIT) and Sanabil Investments have launched an accelerator programme to cultivate early-stage startups from the Saudi Arabia and the Middle East and North Africa (MENA) region, as well as global startups seeking to expand into the region.

BPCL board clears ₹1K-cr MNGL IPO

THE BOARD OF state-owned Bharat Petroleum Company has given an in-principle approval for the listing of Maharashtra Natural Gas (MNGL)—its joint venture company with GAIL and Indraprastha Gas, the company said on Tuesday.

Vi planning phased 5G rollout, says CEO

VODAFONE IDEA is preparing for a phased 5G rollout, and will launch new tariff plans in 2025, the telco's CEO Akshay Moondra wrote to Vi customers in an emailed new year greeting.