CATEGORIES

Celebrating Holi like a royal

Luxury hotels have taken over feeds and imaginations as the destination of choice to celebrate the festival of colours

Pump-and-dump lands Arshad Warsi, wife, others in Sebi net

Arshad Warsi and wife Maria Goretti were found to be volume creators for shares of Sadhna during Aprill-July 2022.

SBI may cut stake in Yes Bank

State Bank of India may look to lower its stake in Yes Bank after a lock-in period ends on 6 March, which was put in place by the central bank as a part of the lender's restructuring, two sources told Reuters.

'India is buying Russian oil below the Western price cap'

The Biden administration will continue to discuss India's purchases of Russian oil with government officials but is satisfied so far that New Delhi is buying the crude well below a western price cap, senior US State Department officials told reporters on Wednesday.

Greenko eyes $700 mn from GIC, ADIA, Orix, founders

The shareholding structure will be the same even after the transaction is completed

PLI not a permanent policy feature: Rajeev Chandrasekhar

The minister, at the Mint-Zetwerk Smart Manufacturing Summit 2023, said the PLI should not be thought of as a permanent solution.

Auto firms piggyback on tractors' success

What’s more, with the budget announcements in favour of the rural and agricultural sector, tractor volumes are expected to maintain the momentum.

Acko forays into retail health policies

Digital insurer Acko General Insurance Ltd has forayed into retail health insurance to disrupt the sector which is primarily dominated by offline players, a top company official said.

As local manufacturing warms up, made in India wearables, hearables set to storm mkts

The move comes at a time when electronics manufacturing service (EMS) providers in India, too, are looking to ramp up such capabilities, and see wearables as a growth area for their businesses.

B Capital closes debut health fund at $500 mn

The fund will invest in segments from biotech to digital health space

Rural consumption stays sluggish; weather poses risk to recovery

Gross domestic product (GDP) estimates show that private final consumption expenditure, the biggest growth driver, rebounded by 11.2% in FY22 on an inflation adjusted basis from an over 5% contraction in the year before and is set to further grow by over 7% this fiscal as per the second advance estimate.

Govt IDs for foreign students

There are approx. 1,700 higher education institutions in the country which will have to register on the government portal if they wish to take in foreign students.

MCA may share data to reduce number of insolvency cases

The NFRA is a legal watchdog for the auditing profession. It is responsible for setting accounting standards and improving the quality and consistency of financial statements.

SC gives opposition a voice in choosing ECs

This a departure from the current system, where the PM alone weighs in

RCB signs Qatar Airways as title sponsor

According to a person aware of the deal, this is the second-largest deal in the history of IPL sponsorships.

'New speed limit norms likely soon'

Lower limits in new highways meant for mobility at higher speeds pose challenges for commuters, Gadkari said at the Mint Zetwerk Smart Manufacturing Summit 2023 on Thursday.

'Centre planning to reform patent laws'

“We are looking to improvise on the patent laws so that we can invite more R&D, more research, more innovation to India,” Goyal said at the ‘Mint Zetwerk Smart Manufacturing Summit 2023 on Thursday.

Adani: SC forms panel to probe allegations

A six-member panel to examine regulatory failures and suggest changes

Adani Stocks Rise 1st Time Since Hindenburg Report

Speculation that group secured a $3 bn credit line fuels rally

What's Slowing India's Economy?

Real gross domestic product (GDP) growth expectedly slowed to 4.4% year-on-year (y-o-y) in the December quarter (Q3FY23), marking the slowest pace of expansion in FY23 so far.

Forget chatbots, a glimpse into how firms really use Al

A lot of the companies tossing around the phrase AI are just taking advantage of the hype

How FTX's Singh turned to crypto crime

Nishad Singh followed Sam Bankman-Fried into the high-stakes world of cryptocurrency trading. Now he could help put the former FTX chief executive in prison.

Kartiki Gonsalves on her Oscar-nominated short

The short film 'The Elephant Whisperers', nominated at the 2023 Oscars, is about an orphaned elephant and its empathetic guardians

Widen out consumption to avert an income trap

Weakened consumer spending points to an uneven economic recovery that could lead India into a middle-income trap before 2047 unless we enable a broad-based consumption boom

Govt Plans Life Support Withdrawal SOPS For Terminally Ill

The government is framing guidelines for withdrawal of life-support systems for terminally ill patients after the Supreme Court directed it to take such measures.

Elon Musk might have found his big post-Twitter fascination

The US billionaire seems captivated by generative AI opportunities

Tech revenues to grow 8.4% to hit $245 bn in FY23: Nasscom

Nasscom says the sector added 290,000 new jobs in FY23 to take headcount to 5.4 mn.

Meta accused of trying to extinguish claims by Cambridge Analytica

Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data with a controversial research firm protects it from similar claims brought by New Mexico, attorneys for the US state said.

Eli Lilly to cut prices of insulin drugs by 70%

Drugmaker says it is taking other steps to make the products affordable

Banks struggle with deposit accretion

India Ratings cautioned that banks, especially public sector banks, would struggle to secure low-cost deposits