CATEGORIES

Viability support for pump storage projects on cards

Fiscal support for PSP is being considered as storage systems are highly capital-intensive

Streaming growth slows after boom

The explosion in streaming video fuelled by the covid pandemic has cooled to a sedate pace as new entertainment options open up and cities get saturated with OTT subscriptions.

OMCs to absorb crude oil shocks

The Indian public may be spared fuel price hikes despite the war in West Asia stoking crude price volatility, two people aware of the matter said. State-run oil marketing companies (OMCs) are expected to absorb the higher costs, even as they face under-recoveries in selling fuel.

PSF runs dry; DoCA to seek ₹5,400 crore

The department of consumer affairs (DoCA) plans to approach the Union finance ministry for about ₹5,400 crore for its price stabilization fund (PSF) to procure onion and pulses in the rest of the financial year, a government official said.

Pristyn Care audit spots 'weaknesses' in internal controls

The latest financial audit of Pristyn Care spotted “material weaknesses\" in its internal controls but was satisfied that the healthcare unicorn presented a “true and fair view\" in its financial statements, two people aware of the matter said.

Incumbents' e-2-wheeler market share on the rise

Startups lit the spark in India’s electric two-wheeler revolution, but traditional internal combustion engine era leaders such as TVS Motor Co. Ltd and Bajaj Auto Ltd are swiftly closing the gap on startups such as Ola Electric, though it still retains the top position.

A whiff of rose, and marigold

With the festive season here, I have been checking out what tea folks have been making. Because festivals and Diwali in particular-are a time when they showcase their creative best. My limited research shows rose teas are trending, with marigold coming close.

A story of love, loss and laughter

Naseeruddin Shah's Motley opens the new edition of the Prithvi Theatre Festival with Old World’

Upasana Taku - THE INCLUSIVE PATH

The co-founder of MobikKwik on financial inclusion and underserved markets, their vision for the future, and living with competition

A requiem for lost languages

Manish Pushkale pays tribute to lost languages through his immersive installations, currently on view in Paris

ON THE QUEST FOR BRAZILIAN CACHAÇA

Travelling to the picturesque town of Paraty to meet witch’ Maria Izabel at the home of a legendary distilled spirit

How pets help children

Pets can instil a sense of responsibility in children and have a positive impact on their social, emotional development

The relevance of Persepolis' today

Every page of Marjane Satrapi's memoir of growing up in Iran, written 20 years ago, still wrenches a reaction

NEW ON SCREENS

The madcap humour of Minions’, a rare crime comedy with women at the helm debunking stereotypes, and other things to watch

Rural demand slows down for FMCG

Consumer goods companies pointed to sluggish recovery in rural demand in the September quarter and said demand will improve “gradually\" even as urban markets charged ahead helping companies lift quarterly volumes.

Reverse insolvency for realty yet to take shape

Bifurcation of assets, service provisions to projects remain hurdles

Don't demonize AI, says minister after UK summit

India will build upon the landmark Bletchley Declaration on artificial intelligence it signed along with 28 nations this week at its own upcoming AI summit next month.

Govt plans sops for making small modular N-reactors

The push for nuclear—a cleaner fuel—could help India meet its ambitious net zero goals

Al firms will build principles, but it won't be easy: Mamedi

Truecaller co-founder and CEO says the spam problem is 1OOx bigger than it was 15 years ago

FPIs in exit mode as weak rupee eats into returns

The steady weakening of the Indian rupee that has eroded dollar returns is a key trigger for foreign portfolio investors (FPIs) selling in India’s cash market in the past two years, market experts and economists said. A stronger dollar and costlier oil could make it worse, and some reprieve is likely only next financial year when India’s inclusion in the JP Morgan Global Bond Index attracts $20 billion-$30 billion to government bonds.

Small cities rivalling metros in candidates heading abroad

Some of India's smallest cities are shoulder to shoulder with top metros when it comes to students and professionals seeking a future abroad, data showed.

Crypto king convicted for fraud, conspiracy in FTX

Sam Bankman-Fried was convicted of a massive fraud that led to the collapse of his FTX exchange, following a month-long trial that pitted the testimony of the former crypto king against that of some of his closest friends.

Apple sees another record qtr in India; iPhone mkt share hits 6%

Apple Inc. on Friday reported the sixth straight record quarterly revenue from iPhone sales in India, where its smartphone market share is estimated to have touched 6%.

Zomato posts ₹36 cr profit on surge in order volume

Zomato Ltd reported a second consecutive quarter of profit, with the company’s food ordering and quick commerce businesses benefiting from strong festive season spending.

IndiGo logs ₹189 cr profit in Sep qtr on air travel pick-up

InterGlobe Aviation Ltd, which runs India’s largest IndiGo airline, clocked a net profit of ₹188.9 crore in the September quarter as air travel picked up, against a loss of ₹1,583 crore a year earlier.

Saudi sets sights on $5 billion IPL stake

Talks were held on making the IPL a $30 bn holding company

Slow travelling to enjoy the autumn in Pyrénées

Tucked away in the south-west corner of France, the Pyrénées-Atlantiques region is a perfect spot for a relaxing autumn break

Employers must get strategic about retaining good workers

Surveys show too many companies put far too little thought into it

Women in India's labour market: Address ageing for better results

The burden of unpaid care work underlying our low female labour force participation will increase as the population ages

Our challenge is to turn workers into capitalists

Hard work may well matter more than Harvard but India's multitudes must start piling up company shares if we expect to reduce the gap between wage-earners and capital-owners