CATEGORIES

Cult.fit acquires India biz of US fitness chain

It bought the remainder 40% stake in Gold’s Gym operator for 790-100 cr

Indian tea exports slump to $531 mn during April-November 2023

India saw a slump in its tea export earnings during April-November 2023 amid regulatory challenges in Iran, a large market, and due to the ongoing Ukraine crisis impacting exports to the CIS (Commonwealth of Independent States) and Western European region, latest data from the commerce ministry showed.

France, Germany to fund AMRUT mission

France's development agency AFD and Germany's KfW Bank are in talks with India to provide ₹100 million loan to fund the country's urban infrastructure plan, AMRUT mission, according to persons aware of the matter.

India building coal stocks for summer

The government is preparing to build up India's coal stocks to meet high demand for power in the April-June period in 2024, as summer arrives in an election year.

India's pulses imports rise 40% in 2023 as output falls

Surge in imports can be attributed to anticipated lower production for 2 consecutive crop years

Ola Electric wins 40% share in Dec, offers to stay

Ola Electric stormed past the 40% market share milestone in electric two-wheeler sales in December, driven by deep discounts and an extensive offering of aggressively priced e-scooters at multiple price points.

OVL works on oil-for-dividend deal with Venezuela

ONGC Videsh Ltd (OVL) is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million, two people aware of the development said.

Extra flying rights, but with caveats

Govt wants to encourage point-to-point traffic on int'l front

Lessons In Economics From The IPL Auction

Teams spent big money at the December auction. Information, potential and recency effect played their part

Expand India's Economy But Not As An End In Itself

Our robust macro data hides a disquieting micro story that should be addressed in 2024. The government and central bank ought to ensure that faster growth is more equitable too

Four elections and a rate cut: The world is in for an exciting 2024

Known unknowns and events in the political as well as economic arenas could combine in multiple ways to yield surprises

Living and leading with emotional intelligence

Suppressing emotions can lead to physical and mental illness. Feeling and managing one's emotions and that of a team is a leadership skill

Four DIY tools to aid post-workout muscle recovery

No time to stretch or get a sports massage? Here are some alternatives

What to do to counter the danger of sitting for hours

Backaches are the most common outcome of spending hours at a desk. Here's how to prevent it while continuing to work

This educational idea can take on a youth mental health crisis

A new academic focus in America on the problem holds promise

Adani hires global team for Mumbai's slum redevelopment

The Adani Group has brought leading global experts in city planning, including architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold, on board for the ambitious Dharavi redevelopment project in Mumbai.

₹766 cr sanctioned for projects in NE

NEDFi has set up the north-east venture fund to foster start-ups in the region.

'In ad-tech, be agile & pragmatic'

In a dynamic landscape of digital transformation, Madison World, the Indian integrated communications major, has strategically tapped into the expertise of Rob Norman.

Vi stock up 28% amid report of govt stake sale to Starlink

Sebi has sought a clarification from the telecom services provider on the development

Beware market's optimism bias

It's a new year and there are new hopes.

Blue-chip stocks end with minor gains on first day of 2024

Indian blue-chip stocks ended with small gains on Monday as investors booked profits late in the session after the benchmarks extended their record rally into the first day of 2024.

BYD's record EV sales to challenge Tesla

сhinese automaker BYD Co. sold 526,409 fully electric vehicles in the fourth quarter, meaning Tesla Inc. will need a record showing to maintain its No. 1 status when it unveils sales figures on Tuesday.

Saudi fund outpaces GIC with big splurge

PIF deployed $31.6 billion in 2023, according to research firm Global SWF

Centre earmarks €28,100 cr for PM-AASHA restructuring

Plans to consolidate marquee schemes to safeguard the interests of farmers and consumers

Revamp of cotton farming to help boost production in India

In a move aimed at arresting the declining cotton production in India, the Union government plans to promote the shift of cotton cultivation from disease-infested fields to disease-free cultivable and irrigated areas within Haryana, Rajasthan, Punjab, Maharashtra and Telangana, according to two officials.

Centre eyes greener use of coal, mines

As the country moves towards energy transition and aims to meet its ambitious climate targets, the Union coal ministry is looking at ensuring lower environmental pollution with mechanization of evacuation processes and using closed.

Retail loans pass ₹50 tn, cornering a third of market

Outstanding retail loans given by banks tipped I over the 50 trillion milestone for the first time in November 2023, latest central bank data showed.

Shale is keeping the world awash with oil as conflicts abound

A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of widening conflict in the Middle East that has crimped key shipping lanes.

Gaming self-regulation fails to take off, Centre to step in

The process of setting up self-regulatory bodies (SRBs) for the online gaming industry has hit a stalemate, with the Union ministry of electronics and Information Technology (Meity) now considering taking direct control of the approval mechanism for games and companies hosting them.

Vedanta gets 20-40% ayes for bond plan, needs 67% by today

Vedanta Resources, the London-based parent of India's Vedanta Ltd, has received between 20% and 40% investor votes in favour of its $3.8 billion bond restructuring exercise as of 29 December, people aware of the matter said.