CATEGORIES

Manipal eyes $1 bn IPO, calls pitches

in Manipal Health in April 2023 for more than $2 billion, valuing it at nearly $4.8 billion or ₹40,000 crore.

Will my health insurance cover diabetic retinopathy therapy?

I have been diagnosed with diabetic retinopathy. The doctor has recommended intravitreal injections over a period of a few months. This procedure is a daycare treatment and can be done on an outpatient basis and does not require hospitalization, but is a costly treatment. I am unsure whether my health insurance policy will cover these expenses. Could you provide clarity if such treatments are typically covered under health insurance plans?

NCLAT admits Meta plea against CCI ban

The National Company Law Appellate Tribunal (NCLAT) on Thursday admitted Meta Platforms' appeal against an order by the Competition Commission of India, which imposed a five-year ban on the company's data-sharing practices in the country and slapped a ₹213.14 crore fine for allegedly abusing its dominant position.

RBI Eases Rules Allowing NRIs to Open Overseas Rupee Accounts

For instance, an NRI in the US can now open a rupee account with New York branch of an authorized dealer bank in India

SpiceJet told to pay $2.67 mn to lessor

The Delhi High Court on Thursday ordered budget airline SpiceJet to pay $2.67 million to Team France within a week for using the aircraft lessor's three engines.

Blue-collar influencer popularity soars, but fails to monetize reach

Even as blue-collar workers seek social media recognition, brands are slow to respond to collaboration requests

Kirloskar Family dispute escalates

The ongoing dispute within the Kirloskar family has intensified, with Kirloskar Brothers Ltd (KBL) seeking intervention in the Securities Appellate Tribunal (SAT) in an appeal filed by Kirloskar Oil Engines Ltd (KOEL).

L&T Tech's Q3 excites, but don't ignore near-term headwinds

Gaining muscle L&T Technology Services's highest ever deal wins in Q3FY25 aid medium-term revenue visibility.

The Ethics of AI Will Prove More Important Than the Technology

Artificial intelligence could be the future of humanity and we must not let it slip out of our control

How Months of Geopolitical Upheaval Paved Way for Gaza Cease-Fire

Meanwhile, both sides have been galvanized by President-elect Donald Trump's imminent return to office

Sebi bars 7 entities firm from trading

The Securities and Exchange Board of India (Sebi) has temporarily restrained the trading activities of Pacheli Industrial Finance Ltd (PIFL) following an alarming surge in the Mumbai-based company's stock price and questions surrounding its financial dealings.

Cabinet approves setting up of Eighth Pay Commission

A head of the FY26 budget and assembly elections in Delhi, the Union cabinet on Thursday approved the setting up of the eighth central pay commission to revise the payment and pension of government employees.

India and Singapore consider renewable energy corridor

India and Singapore are looking at the possibility of opening a renewable energy corridor between the two countries, Singaporean President Tharman Shanmugaratnam said.

Coming Soon: Train to Kashmir

The rail link, which will enhance socio-economic development, is being hailed as a gamechanger for the region

Infosys beats Street in Q3 on US boost, raises guidance

Firm beats peer TCS in revenue growth on improving discretionary spending by clients

Bharat Mobility Expo Set to Drive in New Electric Vehicles, Hybrids Today

A Trend to Watch Out for at the Expo and Through 2025 Will Be the Dynamic Between EVs and Strong Hybrid Vehicles

How Entrepreneurs Can Safeguard Personal Wealth Amid Business Risks

The essence of ring-fencing lies in proactive planning and protecting from potential risks

Bain Invests in Auto Parts Firm Dhoot Transmission

S private equity firm Bain Capital has invested an undisclosed amount in Dhoot Transmission Group, an Aurangabad-based automotive components manufacturer.

Bharat Dynamics wins Navy contract

The defence ministry on Tuesday said it sealed a deal with state-run Bharat Dynamics Ltd to procure medium-range surface-to-air missiles (MRSAM) for the Indian Navy at a cost of ₹2,960 crore.

Axis Bank's Q3 profit hurt by provisions, weak loan growth

Gross slippages for Q3 rose 22% sequentially and 46% annually to ₹5,432 crore, led by ₹4,923 crore in the retail book

Mint BFSI event today to host top regulators, finance pros

Rajeshwar Rao, Ananth Narayan, Deepak Sood, Deepak Mohanty at Mint BFSI Summit & Awards

Demand for petrol, diesel may grow in FY26

India's petroleum product demand continues to remain robust with consumption seen at a record 252.9 million tonnes for the next financial year (FY26), according to data from the Petroleum Planning and Analysis Cell.

India and Gulf nations can bridge US-China divide

The World Economic Forum says rising powers like India and the Gulf countries can offer multilateral alternatives as the US-China geoeconomic rivalry deepens.

The H-1B visa programme serves US interests—and India's as well

America's brouhaha over Indian techies is misguided. Skilled worker immigration is vital to the US tech industry's success

SEC Sues Musk Over Twitter Stock Buys, Escalating Long-Simmering Feud

The lawsuit comes after a long investigation that Musk sometimes delayed

Farmer Protests 2.0: Is There An End In Sight?

Farmers from Punjab want a legal backing for minimum support prices. Their protest is now 11 months old

ITC Hotels Eyes Overseas Expansion

ITC plans to expand its hotel business internationally, beginning with neighboring countries and West Asia, its chairman and managing director Sanjiv Puri said.

Investors line up for Excitel investment

Excitel, with one million subscribers across 55 cities, is attracting investor interest. Datacom Ltd and Alliance Broadband Services are also prominent players in the Indian broadband market, according to a January report by Opensignal.

Justin Trudeau Is Leaving a Job No One Seems to Want, Except Mark Carney

Carney added the Liberal Party now has a shot in the election this year with Trudeau stepping aside

RBI to intervene in forex market, despite the tight liquidity

RBI's recent interventions cut India's forex reserves by $70 bn to $634 bn in 14 weeks till 3 January