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US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Moving beyond conventional tech
AI offers a wide range of benefits for SMEs
Drones deliver new hope to farmers
Aerial tech enhances farming efficiency, can tackle workforce woes
Placing Indian agriculture on the global map
Farmer producer organisations should be supported per their requirements, which currently are know-how about international standards and scaling
Board Observers in the spotlight
AT PRESENT, RBI DOES NOT SEE ANY MIDDLE GROUND FOR NBFC INVESTORS ACTING AS OBSERVERS
Walmart has a tough battle ahead in India
E-COMMERCE IN INDIA is a political and regulatory minefield. US consumer giant Walmart Inc. — which has been waiting to launch the much-anticipated initial public offering of the online marketplace it acquired for $16 billion six years ago — has had its patience tested.
Acting with restraint
Overall, regulators have done a competent job, but they need to work on lack of transparency and overreach
China's billionaires are making money for the first time since 2020
CHINA'S BILLIONAIRES ARE slowly starting to recover their wealth after three years of losses from a property crisis and Xi Jinping's push for common prosperity at the expense of powerful private business owners.
Americans view Musk, Trump as roughly the same, finds poll
ELON MUSK, CLAD in tuxedo and black tie, took the stage at President-elect Donald Trump's Mar-aLago resort shortly after the election with all the swagger of the winning candidate himself.
Biden admin to investigate Chinese semiconductors
PRESIDENT JOE BIDEN'S administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that US officials believe pose national security risks.
Guardian's Observer, oldest Sunday paper, sold to Tortoise Media
The owner of Britain's Guardian newspaper confirmed on Wednesday that it has sold The Observer, the world's oldest Sunday newspaper, to Tortoise Media for an undisclosed fee.
UK inflation hits 8-month high in Nov
BRITISH INFLATION HIT an eight-month high in November, but the rise in services prices - watched closely by the Bank of England (BoE) as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.
Musk, SpaceX face federal reviews over security issues
ELON MUSK AND SPACEX face at least three federal reviews over whether they have complied with federal reporting rules aimed at protecting national security, the NYT reported on Tuesday.
Honda, Nissan explore merger amid Tesla, China challenges
JAPANESE AUTO GIANTS Honda Motor and Nissan Motor are set to begin merger talks as early as Monday next week, the Nikkei reported on Wednesday.
Mobikwik debuts at 58% premium; ends opening day with 90% gains
Vishal Mega Mart sees over 40% gains in opening trade
Indices extend losing streak for third consecutive session
BENCHMARK INDICES FELL up to 0.62%, continuing their losing streak for the third straight session, as investors remained cautious ahead of the US Federal Reserve meeting outcome.
Bancassurance tie-up likely for RCap arm and IndusInd Bank
RELIANCE NIPPON LIFE Insurance, a subsidiary of debt-ridden Reliance Capital (RCap), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.
Shriram Group arm raises $1.28-bn loan
SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.
Rupee moves closer to 85/$
ON A SLIPPERY TRACK
Offshore instruments rule adds to compliance burden for FPIs: Experts
Negligible trades with derivatives as underlying assets in last three years
Good Capital targets AI-driven funding in 2025
GOOD CAPITAL, an early-stage venture capital (VC) firm, plans to make 6-7 investments in 2025, focusing on startups that integrate artificial intelligence (AI) into existing business models, especially in tier 2 and 3 cities.
Chinese auto parts imports see flat growth in H1FY25
IMPORTS OF CHINESE auto components, which used to be quite high till a few years ago, are now seeing their growth rate plateauing.
New chapter: LEAD Group eyes premium schools
WESTBRIDGE CAPITAL-BACKED edtech unicorn LEAD Group has unveiled Pinnacle, a digital curriculum solution targeting high-fee schools, marking its shift from affordable institutions.
Country Delight starts 10-15 minute delivery
DIRECT-TO-CONSUMER dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space.
Welspun arm looks to raise ₹4,000 cr
WELSPUN ONE, THE logistics and industrial property arm of Welspun group, plans to raise ₹4,000 crore to fund its expansion.
Infosys inaugurates ₹426-cr development centre in Bengal
INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.
Subsea cables: Big Tech may get govt support
Focus now on establishing repair & maintenance infra
Red flags as SECI says Azure capacity given to Adani in 'public interest'
IN WHAT HAS raised red flags in the new Andhra Pradesh government led by TDP's N Chandrababu Naidu is a submission by the central government-undertaking Solar Energy Corporation of India (SECI) to the apex electricity regulator that the transfer of 2,300 megawatt solar capacity from Azure Power to Adani Green Energy was made in larger \"public interest\".
Explore ties with foreign cos to bridge tech gap: House panel to BSNL
A PARLIAMENTARY PANEL on Wednesday recommended that state-owned BSNL should explore ties with foreign tech firms to address issues in the deployment of indigenous technology.
Rental housing norms for factory workers this week
Developers may get 40% viability gap funding