CATEGORIES

After RBI, JM Fin feels Sebi heat

THE SECURITIES AND Exchange Board of India (Sebi) on Thursday barred JM Financial from acting as lead manager to any public debt issuances over violations of regulatory mandates.

OpenAI Says Elon Musk Tried To Merge It With Tesla

OPENAI, IN ITS first public comments about Elon Musk's lawsuit against the influential artificial intelligence (AI) research lab, said that Musk tried to transform the lab from a non-profit into a for-profit operation before he left the organisation in early 2018.

Need some clarity on policy before making fresh investments: Skoda

SKODA AUTO'S FUTURE investments and course of action in India will be determined by the decisions taken by the government on vehicle technology, allowing it to carry out efficient product planning.

Sachin Bansal's Navi to hire up to 100 people in tech team

DIGITAL FINANCIAL SERVICES firm Navi plans to expand its technical team by 30 per cent in 2024, the company said on Wednesday.

Agri & processed food exports fall 8% in April-Jan

THE GOVERNMENT'S RESTRICTIONS on cereal exports to improve domestic supplies in the last one year has adversely impacted India's farm exports.

MI's Shabnim Ismail becomes first woman to break barrier of 130 kph

The speedster has long been considered the fastest in women’s cricket

Poll pact: 15 years after snapping ties, BJD set to return to NDA fold

FIFTEEN YEARS AFTER BJD president and Odisha Chief Minister Naveen Patnaik broke off a decade-long alliance with the BJP, his party is all set to rejoin the NDA alliance headed by Prime Minister Narendra Modi, sources said Wednesday.

Scaling up health equity

Proper safety measures can mitigate risk of medical errors

Haley ends bid for White House, setting up Trump-Biden rematch

NIKKI HALEY ENDED her long-shot challenge to Republican presidential frontrunner Donald Trump on Wednesday, ensuring the former president will be the party's candidate in a rematch with Democratic President Joe Biden in November's election.

Plans to generate 1 lakh IT jobs in 5 years

New policy envisions 2 lakh jobs in the semiconductor sector

Deposit-taking NBFCs shrink on RBI diktats

Inability to participate in co-lending, unviable business models make players re-think deposit mobilisation

IT companies partnerships form business with clients

MANY RECENT DEALS of information technology (IT) firms show that vendor-client relationships are taking the shape of a business partnership between the two parties, wherein either the IT companies are doing business with their clients/former clients or monetising their assets by selling products to third parties.

SC allows Kerala borrow ₹13,608 cr more in FY24

THE SUPREME COURT on Wednesday allowed the Kerala government to borrow ₹13,608 crore more in the current fiscal year, while expressing disapproval over the \"peremptory\"condition imposed by the Centre that the state must withdraw the suit filed before the court for the additional borrowing facility.

FMCG growth expected to be muted till Sept quarter

Dry weather may hit agri output, affecting rural incomes, says report

PM opens India's first underwater metro in Kolkata

PRIME MINISTER NARENDRA Modi on Wednesday inaugurated Kolkata Metro's Esplanade-Howrah Maidan section, which passes below the mighty Hooghly river through the country's first underwater transportation tunnel.

CCI can now impose fines based on global turnover of companies

MCA allows watchdog to slap penalties of up to 10%

It's double trouble for lending to buy shares

IMAGINE THIS: A short-term investor wants to make listing gains in an initial public offering (IPO) or small and medium enterprises IPO (SME-IPO).

Markets hit new all-time highs

BENCHMARK INDICES NIFTY50 and Sensex rallied smartly on Wednesday, hitting fresh all-time highs, led largely by financials even as small and mid-caps capitulated.

Tower's chip project to be approved after polls

ISRAEL-BASED TOWER SEMICONDUCTOR'S $11-billion (₹91,000crore) fabrication project is now likely to be approved only after the general elections, official sources said.

Discom dues down 66% since mid-'22

THE OUTSTANDING DUES of electricity discoms to gencos dropped to a third since mid2022 to under ₹45,000 crore now, and is declining further at an unprecedented pace, Union minister for power, new and Renewable Energy RK Singh said on Wednesday.

Narrative that RBI is killing fintech sector not true: Das

Real GDP growth may surpass government’s estimate of 7.6%

Angel investors spread their wings in small cities

GONE ARE THE days when angel investors were restricted to metro and tier-I cities.

Musk loses world's richest person title to Jeff Bezos

FOR THE FIRST time in more than nine months, Elon Musk is no longer the world's richest person.

Lax compliance attracted RBI scrutiny of gold loan firms

LAXITY IN COMPLIANCE with prudential norms by some banks and NBFCs following the sharp rise in the gold loan portfolio over the past four years may have attracted the scrutiny of the Reserve Bank of India (RBI).

Mercedes-Benz to drive in 3 EVs this year

DESPITE THE GLOBAL delay in Mercedes-Benz's electrification goal-pushing the 50% electrified car sales target from 2025 to 2030-the company aims to go big on EVs within India.

Adani, JSW, Essar look to bet big on coal-fired power

PRIVATE INDIAN COMPANIES have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, four sources familiar with the matter said, ending a six-year drought in significant private involvement in the sector.

Regulatory rules under MCA lens

THE MINISTRY OF corporate com affairs (MCA) has begun a prehensive review of the rules and regulations, including the norms for accounting and auditing practices.

Bumrah responds to trolling with resilience & lethal spells

JASPRIT BUMRAH RARELY gives interviews. Even when he does, he rarely opens up.

Paytm founder says firm can clear hurdles to lead in Asia

Says he values the role regulators play in startup ecosystem

Shehbaz, first Modi congratulates Indian response on new Pak govt

IN THE FIRST Indian government response on the new dispensation in Islamabad, Prime Minister Narendra Modi on Tuesday congratulated Shehbaz Sharif, the new Prime Minister of Pakistan.