CATEGORIES

IMF says India can grow faster with comprehensive reforms

Fund sticks to 6.3% growth forecasts for FY24, FY25

Govt's paddy purchase falls 13% as farmers hold on to stocks

PADDY PROCUREMENT UNDER the minimum support price (MSP) scheme declined 13% on year to 36.54 million tonne (MT) so far in the current season with farmers in Chhattisgarh and Telangana holding on to stocks in anticipation of receiving bonus over MSP.

Blackstone lines up exit from Embassy REIT for ₹6,913 crore

GLOBAL PRIVATE EQUITY firm Black stone is planning to launch a share sale on Wednesday to sell its 23.5% holding in Embassy Office Parks REIT (Embassy REIT) through a block deal, sources in the know have revealed. Blackstone aims to raise ₹6,913 crore ($833 million) from the stake sale, the sources added.

Lenders seek SpiceJet's due diligence for Go bid

Resolution professional asked to submit assessment

Sony ultimatum to Zee on merger

Deal deadline extension subject to Zee meeting 'critical' conditions

RBI counters IMF on intervention in forex market

Calls it incorrect and based on selective data

Rights Group Accuses Israel Of 'Starvation' Tactic In Gaza

A GLOBAL RIGHTS group accused Israel on Monday of committing a war crime by starving people in the Gaza Strip who continued to face relentless attacks in the war with Hamas militants.

Ramp Up Testing: Centre To States As Covid Spikes

WITH COVID-19 CASES on the rise, particularly in Kerala, the Centre has asked all states to remain vigilant and ensure adequate testing in all districts, with a high proportion of RT-PCR tests. In a letter to the states, Union Health Secretary Sudhanshu Pant has also asked them to send all positive samples for whole genome sequencing to laboratories of INSACOG.

EU Opens 'Illegal Content' Probe Against Musk's X

Companies that fail to comply could eventually face fines as high as 6% annual revenue or even be banned from the bloc if they repeatedly break the rules

New forest certification scheme launched

It will offer an alternative to private foreign agencies

INOX India IPO subscribed 61.28 times on final day

MUTHOOT MICROFIN ISSUE SUBSCRIBED 82% ON DAY 1

Hero MotoCorp: Rebounding to growth

The company's 100CC, 110CC portfolios set for further expansion

Japan's Nippon Steel to buy US Steel in $14.9-billion deal

The US steelmaker's shares rose 28% in pre-market trading

Edelweiss to sell stake in unit for up to ₹2,000 cr

EDELWEISS FINANCIAL SERVICES on Monday said it has started the process of selling equity in its alternative asset management unit and plans to raise about ₹1,500 crore to ₹2,000 crore ($180.69 million-$240.93 million) by divesting a 10%-20% stake.

Bond binge: India Inc, banks to raise ₹30K crore this week

Several investors keen on completing their quota of investment in corporate bonds

Flagship solutions help IT firms attract large deals

AMID THE UNCERTAIN macro environment and slowdown in tech spending, Indian IT companies are leveraging their flagship solutions like Infosys Topaz, TCS BANCS, TCS HOBS and Wipro FullStride Cloud to save costs and improve efficiency for clients, securing newer and larger deals.

'We are exploring overseas locations for green H2 unit'

WE RECOGNISE THAT GENERATION OF ADDITIONAL THERMAL POWER HAS BEEN A NECESSITY TO MEET THIS (RISING POST-COVID) DEMAND. HOWEVER, THE GOVERNMENT HAS BEEN VERY AGGRESSIVE ON RENEWABLES AS WELL

Ambuja to invest ₹6,000 cr in green projects

S AMBUJA CEMENTS HAS earmarked an investment of ₹6,000 crore for renewable power projects as the Adani Group firm targets a total 1,000 MW capacity across solar and wind power projects by FY26.

Heavy rains, flood batter southern TN

INTENSE RAINFALL AND very heavy inundation, unseen in recent times, overwhelmed four southern districts of Tamil Nadu.

All in a day - 78 Oppn MPs suspended

Bid to bulldoze Bills, avoid House scrutiny, says Cong

GIFT City sees real estate boom on hopes of lucrative returns

UNIT PRICES UP A THIRD IN LITTLE OVER A YEAR

Food inflation likely peaked in November

But decline in coming months may be gradual, say analysts

Govt may cut fund infusion into OMCs

AFTER STATE-RUN FIRMS POST ROBUST H1 PROFITS

Aditya Birla Group in talks with Nebras Power to raise $400 mn

INDIAN CONGLOMERATE AIMS TO SCALE UP GREEN ENERGY BIZ

Project-based insolvency in realty may be nixed

Errant developers troubled projects for fund diversion, feel govt sources may misuse

Telecom tribunal gives ₹755 cr relief to Vi

THE TELECOM DISPUTES Settlement & Appellate Tribunal (TDSAT) has asked the department of Telecommunications (DOT) to adjust the excess ₹755.52 crore it received from Vodafone Idea, towards the licence fee and spectrum usage charges.

Year of pink slips: Startups have sacked 15,000 so far

Udaan is the latest, lays off 8% of staff

Satcom allocation not via auction

Regulation for OTT players dropped

Strong Macros To Support Rally In 2024

Volatility Ahead Of Polls Key Risk, Say Experts

Tech Trends In 2024: Quantum, GenAI To Stay Buzzwords

Being future-ready will require adapting to these technologies