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Retailers eye Holi boost ahead of holiday season
RETAILERS ACROSS APPAREL, fashion, electronics and food and beverages expect the ongoing weekend, which will be extended by Holi on Monday and Tuesday, to set the stage for the upcoming holiday and summer shopping season.
India next big playground for AI: Samsung VC & CEO
SAMSUNG ON FRIDAY said the company is committed to bring AI (artificial intelligence) and hyperconnectivity to its consumers in India, as the country is the next big playground for AI.
IndiGo lowers fleet addition guidance
EYES 'EARLY DOUBLE DIGIT GROWTH' IN FY25
King confers top Bhutan honour on PM: India is our true ally, friend
DESCRIBING PRIME MINISTER Narendra Modi's leadership as \"extraordinary and exemplary\", Bhutan's King Khesar Namgyel Jigme Wangchuck said on Friday that with Modi at the helm, India's future is bright and \"a successful India means a bright future for Bhutan\".
Govt eyes Africa for minerals
INDIA IS LOOKING at investments in African mines to boost supply of critical minerals like cobalt to the user industries, Union mines secretary V L Kantha Rao said on Friday.
Greenko used its web of 44 firms to buy bonds for YSRCP, BRS, BJP
THE ELECTORAL BONDS data made public by the Election Commission of India (ECI) may suggest that renewable energy major Greenko purchased bonds worth 35 crore through 11 group companies, all of which have \"Greenko\" in their registered names.
BJP encashed 80% of bonds bought by Nifty, Sensex firms
AMONG THE COMPANIES that bought electoral bonds since April 2019, there are 15 listed in the Nifty 50 index and eight in the 30-scrip BSE Sensex, as per the data published by the State Bank of India (SBI) and the Election Commission on Thursday.
'Fake reviews on e-tailing platforms a big menace'
While online sales of products and services have grown exponentially, consumer complaints too have also risen almost as fast. Rohit Kumar Singh, secretary, department of consumer affairs, spoke to Sandip Das on a range of initiatives taken to protect consumer interests. Excerpts
Expressways master plan for 2047 in the works
THE GOVERNMENT IS currently drafting the National Masterplan for the development of highways and expressways by 2047.
Savings from direct benefit transfers cross ₹3.5 trillion
FY15-FY23 gains to the exchequer 75% higher than PLI budget
Google case: CCI's latest order seen as a balancing act
THE COMPETITION COMMISSION of India's (CCI) latest order dismissing the plea of digital entities against Google's updated payment policies seems to have given a fresh hope to the tech giant.
Tech giants forge tie-ups to speed up AI deployment
MICROSOFT, GOOGLE, APPLE NOT MOVING FAST ENOUGH TO FIELD CONSUMER PRODUCTS
Starved of liquidity, banks bid big in RBI's VRR auction
WITH LIQUIDITY DRYING out temporarily because of goods and services tax (GST) and advance tax outflows during the end of the fiscal, banks put in bids aggressively for the three variable report rate (VRR) auctions on Friday.
IT STOCKS FEEL THE BLUES
THE BSE IT INDEX fell 2% on Friday reacting to the report of Accenture lowering its guidance.
TVS promoter family sign trademark pact
TVS MOTOR COMPANY'S promoter family has executed a memorandum of understanding (MoU) to demarcate usage of certain trademarks by different factions and prohibit competing in each other's businesses.
Zoom goes off beaten track
Banks on generative AI assistant, Zoom Phone
Consumption demand gains strength: Govt
Rise in household savings necessary for private sector capital formation
How Ruturaj became Thala's successor and Chennai's man for the seasons
IT WAS SOMETIME on Thursday morning that MS Dhoni, in his typical style, broke the news to the Chennai Super Kings management after shocking his teammates and support staff over the breakfast table.
Banks' CD ratio to moderate to 75% over FY25-27: Report
BANKS ARE LIKELY to see some relief on the credit deposit (CD) front as the ratio may to moderate to 75% over FY25-FY27, from nearly 80% in the current fiscal, largely led by a lower credit growth and slightly higher deposit growth, brokerage Emkay Institutional Equities said in a report on Thursday.
Ex-Paytm employees run 22 startups worth over ₹10,000 cr
WHILE THE 44 startups of the Flipkart'mafia generally dominate the headlines, a smaller group of Paytm's former employees, who have quit the fintech major to launch 22 startups over the years, has hit collective valuation of ₹10,668 crore, according to a report from Private Circle.
Banks' CD issuances may fall with improvement in liquidity
Banks have raised nearly 8.29 trillion via CDs in the AprilFebruary period
TCS inks seven-year deal with Ramboll
FURTHER STRENGTHENING ITS Nordic links, IT company Tata Consultancy Services (TCS) has signed a multimillion-dollar strategic partnership with Danish firm Ramboll.
Volkswagen to make EV foray in India with ID.4 rollout in Oct-Dec
GERMAN CAR GIANT VOLKSWAGEN will introduce its premium all-electric car ID.4 in the December quarter of 2024 to mark its entry into the burgeoning electric vehicle space in India.
SC puts on hold govt notification on fact check unit
THE SUPREME COURT on Thursday stayed the government's notification dated March 20 forming a fact check unit under the Press Information Bureau (PIB).
‘Lottery king' donated across party lines
THE LARGEST ELECTORAL bonds donor, Coimbatore-based lottery company Future Gaming and Hotel Services, saw a large chunk of its purchases redeemed by two political parties, with Trinamool Congress leading as its biggest beneficiary at ₹542 crore, followed by the DMK at ₹503 crore.
BJP's top 10 donors make up a quarter of total kitty
THE TOP THREE donors of the ruling Bharatiya Janata Party, the biggest beneficiary of electoral bonds, include Hyderabad-headquartered Megha Engineering and Infrastructure, Qwik Supply Chain Private, which is associated with Reliance Industries, and Anil Agarwal-promoted Vedanta.
Bank of England holds interest rates at 5.25%
TWO OF THE Bank of England's most ardent hawks withdrew their support for interest rate hikes, as the UK's central bank voted for a fifth meeting to keep straight policy unchanged.
US sues Apple, accuses it of maintaining iPhone monopoly
THE US JUSTICE Department and 16 attorneys general sued Apple, accusing the iPhone maker of violating antitrust laws by blocking rivals from accessing hardware and software features on its popular devices.
Global cues drive gold to all-time high
GOLD PRICES SURGED by ₹1,130 to hit an all-time high of ₹67,450 per 10 gram in India following strong global trends, according to HDFC Securities.
Dhoni googly stumps brands
MAHENDRA SINGH DHONI never fails to surprise.