CATEGORIES

RIL to inaugurate its TN data centre shortly

Billionaire Mukesh Ambani on Sunday said his firm Reliance Industries in partnership with Canada's Brookfield will open a data centre in Chennai next week, marking entry into the fast-growing market.

Qualcomm India to invest 177 crore

Qualcomm India will invest more than ₹177 crore in setting up a design centre in Chennai, the chipmaker said at the Tamil Nadu Global Investors Meet on Sunday.

M-cap of 6 of top 10 most valued firms declines by ₹57,408 crore

The combined market valuation of six of the top 10 most valued firms declined 57,408.22 crore last week, with Tata Consultancy Services (TCS) and HDFC Bank taking the biggest hit, in line with muted trends in equities.

IIFCL to raise 2,000 cr via green bonds

India Infrastructure Finance Company Ltd (IIFCL) is planning to raise ₹2,000 crore through its maiden green bonds in the next six months to fund sustainable projects.

Dabur hopes for rural revival

Dabur India Ltd's shares put up a poor show in 2023, falling by about 1% compared to the 29% jump in the sector index, Nifty FMCG.

'Rothschild sees India as core market to increase its presence in'

Global investment bank Rothschild & Co has been operating in India since 1999.

Soil from landfill sites to be used for building roads under new policy

The government will soon come out with policy guidelines mandating the use of urban solid waste in all highway projects across the country.

Norms may be eased for rooftop solar

The slow growth in rooftop solar projects for homes is prompting the power ministry to look at new norms to boost adoption and speed up installation.

Gaza war dampens push on India-Israel free trade talks

Normalcy in FTA negotiations is expected after de-escalation of the conflict, say officials

Adani weighs global plans for airports business

The Adani Group is looking to take its airports business global beginning with the Far East and Southeast Asia, a top executive aware of the development said.

Personal tax to get a rebate sweetener

Income-tax rebate may be raised to 27.5 lakh in interim budget

Earnings bet, bond index move lift FPI inflows to 9-yr high

Foreign portfolio investment (FPI) net inflows into Indian equities and debt in 2023-24 have reached a nine-year high, showed data from the National Securities Depository Ltd (NSDL).

Gisela on a snowy night

It's a sunless, cold winter, and the snow is laden with dark memories for Gisela and Kurt

A strange Story

From time to time, I escape to faraway places to work on my novels and short stories. The pretext of writing enables the solitude that is so essential for living. I certainly don’t suffer from the delusion that the mind is creative only when freed from the routines of everyday life. Even so I am always happy to accept when friends invite me to visit their part of the country.

In-flight readings

A doctor making a fraught journey finds that matters of the heart are set to spring a surprise when there is a mid-air emergency

No lingering

A resident of Matharpacady decides to reclaim his peaceful Sunday mornings

Sleuthing for Suffrage

Kaveri of the Bangalore Detectives Club turns armchair sleuth as she stumbles upon yet another mystery

'Economy has achieved soft landing'

Treasury secretary Janet Yellen declared Friday the US economy had achieved a long-sought soft landing, a historically unusual event in which high inflation is tamed without significantly damaging the labour market.

Services sector PMI surges, outpaces manufacturing

India's services sector growth rose to a three-month high in December, riding buoyancy in demand and higher sales, a private survey said on Friday.

Small enterprises big on new firm registrations

Small businesses have dominated the registration of new companies across sectors in November, indicates data released by the ministry of corporate affairs in its latest monthly update.

CCI probes DHL, FedEx, UPS for alleged antitrust acts

India's antitrust body is investigating domestic units of global delivery companies, such as Germany's DHL, U.S.-based United Parcel Service and FedEx, for alleged collusion on discounts and tariffs, documents seen by Reuters showed.

Govt's Vision '47 set to target 50,000km of expressways

Commuters will get access to faster expressways at a distance of 100-125km from any point

No threat from cheap imports: Steel minister

Union steel minister Jyotiraditya Scindia said India becoming a net importer of steel between April and November this fiscal year is not a concern for the government, terming the imports a drop in the ocean of total steel consumption in the country.

Xi's high-quality development' for China can mean anything

President Xi Jinping rang in the new year by declaring China's progress in pursuing \"high-quality development.\" What exactly that mysterious slogan means for supporting growth in 2024 is becoming a defining question for investors.

Brookfield now top tower firm with $2.5 bn ATC deal

Brookfield Asset Management will buy American Tower Corp's (ATC) lossmaking Indian operations for $2.5 billion, becoming the country's largest operator of telecom towers amid booming demand for data and wider use of 5G services.

Mobikwik refiles draft papers for ₹700 crore IPO, drops OFS plan

Online payments company One Mobikwik Systems Ltd on Friday refiled its draft papers for an initial public offering (IPO) to raise ₹700 crore, sharply lower than the 1,900 crore it planned to raise more than two years ago.

Ujjwala cooking gas subsidies may run for yet another year

The Union government may extend cooking gas subsidies provided under a flagship government scheme for another year, two people aware of the matter said. Currently, about 100 million beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) get a subsidy of 1300 per LPG cylinder, which is scheduled to end in March this year.

GDP growth at 7.3% in govt's crystal ball

Rising trade deficit, falling exports may weigh on growth

Pan-India success seems to be flagging for South Indian films

South Indian films, particularly Tamil and Telugu, saw a decline in their pan-India box office appeal in 2023, in stark contrast to the success seen in the Hindi heartland in 2022.

Find others for Fed Bank CEO post: RBI

The Reserve Bank of India (RBI) has asked Federal Bank to submit at least two new names for the post of managing director (MD) and chief executive (CEO), the bank said in a stock exchange filing on Friday.