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What you must know about rental agreements, registration process

According to the Registration Act, 1908, a rental agreement for less than 12 months need not be registered

IOC probes bribery allegation of US cos

State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years ago to obtain contracts to supply catalysts, according to a company's regulatory filing.

India could be key SAF producer: lata

India has the potential to be a key producer of sustainable aviation fuel by utilizing its ethanol supplies and availability of lipid feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA (International Air Transport Association).

Akasa to add more planes this fiscal

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.

Front-running case: Sebi bans 9 entities

Markets regulator Sebi (Securities and Exchange Board of India) has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore.

FPIs turn net sellers amid rising dollar

After two weeks of buying, foreign portfolio investors (FPIs) turned net sellers in Indian equities last week, with a net withdrawal of ₹976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.

China says US is 'playing with fire' after latest aid for Taiwan

The Chinese government protested on Sunday the latest American announcements of military sales and assistance to Taiwan, warning the United States that it is \"playing with fire\".

CII seeks reforms in priority lending

Industry body CII (Confederation of Indian Industry) has proposed reforms in India's priority sector lending (PSL) framework, suggesting inclusion of emerging sectors and high-impact industries such as digital infrastructure, green initiatives, healthcare, and innovative manufacturing.

NTT DATA to boost presence in India

Japanese technology firm NTT DATA aims to strengthen its presence in India, double its growth rate, and leverage the country's role as a global delivery hub to capitalise on its economic growth phase, a company executive has said.

ISRO to study crop growth in space

Demonstration of seed germination in outer space, a robotic arm to catch tethered debris there, and testing of green propulsion systems are some of the experiments planned on the POEM-4—the fourth stage of Indian Space Research Organisation's (ISRO) PSLV rocket that remains in orbit after launching a satellite.

India, Sweden to work on green tech

India and Sweden can deepen their collaboration in innovation and green technology with a focus on addressing global climate challenges through sustainable industrial practices and renewable energy solutions, Swedish officials said.

Direct Centre to legally back MSP: Farmer unions urge SC

A parliamentary standing committee has called legal backing for MSP \"essential\"

America's chip war with China will spread

In the continuing chip war between Washington and Beijing, the U.S. has the clear upper hand on the most cutting-edge technology.

Boeing wins $36 billion deal from Turkey

Boeing Co. won an order valued at $36 billion from Pegasus Hava Tasimaciligi AS, in its biggest commitment so far this year that deals a blow to rival Airbus SE, previously the preferred choice for the Turkish low-cost airline.

Nissan needs a Honda rescue. What went so wrong?

Nissan, once a symbol of Japan's carmaking prowess, spent the past five years trying to regain its footing after the arrest of long-time leader Carlos Ghosn, only to find itself in a precarious spot again.

EM central banks ramp up defence as dollar surges ahead

A rapid decline in currencies risks worsening the impact of imported inflation for emerging markets

America's private prison complex gears up for Trump deportation bonanza

Smaller cos involved in federal immigration detentions are also preparing to ramp up

Ukraine bets a free market for weapons production can out-innovate Russia

Kyiv's drone army has been built mostly by private cos, few of which existed when the full-scale invasion began

What does Accenture's hiring spree mean for Indian IT cos?

India's $254-bn IT services industry saw its slowest revenue growth of 3.3% last year, but expects a demand recovery

Religare backs Saluja amid proxy advisors' ouster call

InGovern, IiAS warned that the Saluja-Burman dispute and litigation could distract the board

JioStar, ZEE set for SA20 vs ILT20 duel

Cricket fans are set for a high-stakes showdown as South Africa's SA20 and the UAE's International League T20 (ILT20) launch their third season in the same week in January.

'Push manufacturing for GDP growth'

As India pushes forward in its goal of achieving developed nation status by 2047, the focus is not only on increasing the GDP, but also on the per capita GDP.

Swarovski bets big on lab-grown diamonds

Falling demand in China prompted the firm to focus on markets like India, where it plans to reach 70 stores in a year

Damani opposes BAT nominee for chair of VST Industries

Damani's opposition to the essential resolution at VST comes after he sold 3.24% in the past two years

Good scope for chip fab in India: Canon

Japanese imaging and optical products major Canon believes that it has a good opportunity in India for its semiconductor lithography equipment required for chip fabrication, and it is in negotiations with companies setting up facilities here, said its India president and CEO Toshiaki Nomura.

Dozen firms set to exit auto PLI lane

For new investors for parts, such as Bhel, the scheme demanded investments of at least ₹350 crore by FY25

Earnings growth slowdown appears temporary, rebound likely in H2

The expected recovery in capex during the second half should benefit companies linked to this theme Hari Shyamsunder Vice president, Franklin Templeton

Rate cut can aid govt-led growth: MPC's Kumar

Kumar, one of the six members of MPC, noted that slower growth largely reflected the industrial sector's weakness

WRONG OR EARLY TO SAY BEST OF HOTEL EARNINGS IS BEHIND?

Even when it comes to taking a vacation, Bertie is a contrarian. He always opts to stay in Mumbai in December when the city offers its best weather.

IT swings between hope & despair

Global IT giant Accenture's Q1FY25 results surprised with constant currency (CC) revenue growth of 8% year-on-year, beating its 2-6% guidance.