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  • Page 7

Business

  • Business

Disney mulls legal action as ZEEL ditches $1.4 bn deal

admin3 years ago06 mins

Disney Star is mulling legal actions against Zee Entertainment for backing out from a USD 1.4 billion sub-licensing agreement for…

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  • Business

LIC gets RBI nod to hold up to 9.99% stake in HDFC Bank

admin3 years ago01 mins

The Reserve Bank of India (RBI) has approved a proposal of the Life Insurance Corporation of India (LIC) to acquire…

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  • Business

Nirmala Sitharaman to become the second Finance Minister to present the Union Budget six times in a row

admin3 years ago07 mins

Union Finance Minister Nirmala Sitharaman pictured during the Winter session of Parliament in New Delhi. File | Photo Credit: PTI…

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HDFC Bank sees period of consolidation as it absorbs mega merger: Sources

admin3 years ago05 mins

Image for representation. | Photo Credit: Reuters HDFC Bank, India’s largest private sector lender, will take 4-5 years to fully…

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  • Business

Azim Premji gifts 1 crore equity shares of Wipro worth over ₹480 crore to his sons

admin3 years ago02 mins

File picture of Azim Premji and his son Rishad Premji of WIPRO | Photo Credit: HANDOUT E MAIL Wipro founder…

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  • Business

Laurus Labs Q3 net slumps

admin3 years ago02 mins

Drugmaker Laurus Labs reported consolidated net profit slumped to ₹25.17 crore in the third quarter ended December from the ₹203.06…

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  • Business

India business growth at four-month high in January – PMI

admin3 years ago03 mins

Representational file image. | Photo Credit: Reuters India’s business activity expanded at the fastest pace in four months in January…

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  • Business

Analysing the rising gap in incomes

admin3 years ago010 mins

According to a recent report by the State Bank of India (SBI), India has witnessed a significant fall in inequality…

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  • Business

India overtakes Hong Kong to become fourth-largest stock market

admin3 years ago04 mins

A bronze replica of the Charging Bull of Wall Street, inside the premises of the Bombay Stock Exchange (BSE) in…

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  • Business

Tech enterprises scouting for global talent to expand footprint: Nasscom

admin3 years ago04 mins

Tech enterprises are looking at newer regions and geographies to scout for talent, to forge collaborations, expand their addressable markets…

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  • Business

What is the disagreement between Hindustan Unilever and its distributors over margins?

admin3 years ago08 mins

The story so far: On January 11, the Maharashtra State Consumer Products Distributors Federation (MSCPDF) and the All-India Consumer Products…

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  • Business

Banking on a branch visit on Jan. 22? private, PSU banks have different plans

admin3 years ago04 mins

The Reserve Bank of India, headquartered in Mumbai, has announced a holiday for staffers on January 22, 2024, while stock…

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  • Business

Mcap of five of top-10 most valued firms erode by ₹1.67 lakh crore

admin3 years ago3 years ago03 mins

A file photo of the Bombay Stock Exchange on Dalal Street, Mumbai | Photo Credit: Paul Noronha The combined market…

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  • Business

Textile sector seeks changes in customs duty on fabrics

admin3 years ago03 mins

The first-ever meeting of the newly constituted Textile Advisory Group for man-made fibre under the Ministry of Textiles has offered…

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  • Business

Red Sea attacks plunge Tiruppur Garment exporters into crisis 

admin3 years ago04 mins

A T-shirt manufacturing unit in Tiruppur. File | Photo Credit: S. Siva Saravanan Garment exporters in Tiruppur have their fingers…

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  • Business

Money markets to remain closed on Monday

admin3 years ago02 mins

The money markets will remain closed on Monday January 22 as the Government of Maharashtra has declared that day as…

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  • Business

Karnataka STUs to buy 1,225 new buses from Ashok Leyland

admin3 years ago02 mins

Sanjeev Kumar, President, M&HCV, Ashok Leyland, says, “These buses are specifically tailored to meet the unique requirements of Karnataka STUs.”…

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  • Business

‘Mobile services will cost more after polls’ 

admin3 years ago02 mins

The cost of mobile recharges is likely to go up after General Elections in 2024, indicates a report released by…

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  • Business

Fertilizer subsidies to come down, Mandaviya says

admin3 years ago03 mins

Union Health Minister Mansukh Mandaviya. File | Photo Credit: ANI Talking to reporters about his new book ‘Fertilising the Future:…

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  • Business

Markets might be running ahead of themselves: Das

admin3 years ago3 years ago03 mins

Reserve Bank of India Governor Shaktikanta Das on Wednesday flagged concerns about the ebullient financial markets,  stating they may possibly…

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  • Business

Coming flood of U.S. Treasury issuance spooks some investors

admin3 years ago06 mins

Cracks are forming in the market’s bullish consensus for bonds, as resurfacing fiscal concerns duel with expectations that cooling inflation…

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  • Business

EPACK Durable IPO price band fixed at ₹218-₹230

admin3 years ago01 mins

EPACK Durable Ltd. has announced to open its initial public offer (IPO) of equity shares on Friday, January 19, 2024. The IPO comprises…

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  • Business

Government slashes windfall tax on crude petroleum

admin3 years ago01 mins

Image for representational purposes only. | Photo Credit: The Hindu The government has cut the windfall tax on domestically-produced crude…

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  • Business

Sensex jumps 759 points to close at record high; Nifty scales 22K

admin3 years ago05 mins

Benchmark Sensex closed above the 73,000 level for the first time while broader Nifty scaled the 22,000-point peak on Monday…

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  • Business

Morgan Stanley to pay $249 mn to settle U.S. trading fraud charges

admin3 years ago03 mins

Pawan Passi. | Photo Credit: Reuters Morgan Stanley will pay $249 million to settle civil and criminal charges connected to…

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  • Business

Why is aviation safety under scrutiny? | Explained

admin3 years ago3 years ago024 mins

The story so far: The issue of air safety played out under intense media scrutiny following two aviation incidents. In…

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  • Business

Panama Canal authority ‘understands’ Maersk’s decision to use rail amid drought

admin3 years ago03 mins

Maersk’s logo is seen in stored containers. File | Photo Credit: Reuters – The Panama Canal Authority said on January…

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  • Business

Diya Lamp – A Symbol of Spirituality, Purity, and Positivity

admin3 years ago05 mins

Diya Lamp A diya lamp is a cherished symbol of spirituality, purity, and positivity in Hindu culture. These lamps are…

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  • Business

SAP’s Bawa gets global role as Chief Revenue Officer

admin3 years ago02 mins

SAP on Friday elevated Kulmeet Bawa, Managing Director for the Indian Subcontinent, to a global role as the Chief Revenue…

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  • Business

Boeing’s bestseller 737 MAX hits an air pocket again | Data

admin3 years ago07 mins

A Boeing 737 MAX 9 airplane performs a demonstration flight at the Paris Air Show in Le Bourget, France, June 20, 2017.  | Photo…

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  • Business

TVS Srichakra enters into pact to provide $5 mn loan to its arm

admin3 years ago01 mins

TVS Srichakra Ltd. has entered into an agreement with its wholly owned subsidiary Super Grip Corporation, USA (formerly known as…

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  • Business

Titan Engineering’s expansion plan at Hosur to cost ₹430 crore

admin3 years ago3 years ago04 mins

Titan Engineering & Automation will start exploring the U.S. market for E4Ws in 2024, said CEO Neelakantan P. Sridhar |…

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  • Business

Sebi puts Manappuram Finance’s arm Asirvad Micro Finance IPO on hold

admin3 years ago04 mins

Asirvad Micro Finance had filed preliminary papers with Sebi in October 2023 to garner Rs 1,500 crore through an IPO….

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  • Business

Paytm to invest ₹100 crore in GIFT City

admin3 years ago02 mins

One97 Communications Founder and CEO Vijay Shekhar Sharma. File “Fintech firm One97 Communications, which owns Paytm brand, plans to invest…

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  • Business

E-commerce platforms can’t become haven for counterfeiters: Delhi HC

admin3 years ago3 years ago05 mins

Image used for representative purpose only. | Photo Credit: AP An e-commerce platform cannot become a haven for infringers of…

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  • Business

How to Dress Like a Female Heating and Gas Engineer

admin3 years ago05 mins

Dress Like a Female Heating and Gas Engineer One of the main reasons for women not getting into plumbing and…

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  • Business

How Do You Measure Your First Response Time For Enquiries and Service Requests?

admin3 years ago2 years ago05 mins

Measure Your First Response Time For Enquiries and Service Requests The first response time of your support team is a…

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  • Business

U.S. hiring beats expectations in December as job market stays resilient

admin3 years ago3 years ago07 mins

U.S. job growth surged unexpectedly in December, government data showed on January 5, wrapping up a solid year for the…

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  • Business

Markets extend gains for second session on fresh foreign fund inflows; IT stocks shine

admin3 years ago3 years ago03 mins

People walk past the Bombay Stock Exchange (BSE) building, in Mumbai. File. | Photo Credit: PTI Benchmark stock indices Sensex…

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  • Business

Grasim announces ₹4,000 crore rights issue

admin3 years ago3 years ago01 mins

Grasim Industries Ltd. of the Aditya Birla Group has announced a rights issue of 2,20,73,935 equity shares of the company to…

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  • Business

IndiGo removes fuel charge on tickets

admin3 years ago01 mins

An IndiGo Airlines Airbus A320 aircraft. | Photo Credit: REUTERS IndiGo on Thursday said it has stopped collecting fuel charge…

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  • Business

Bajaj Auto to consider share buyback

admin3 years ago3 years ago01 mins

The company’s board at its meeting scheduled for January 8, 2024 will consider a proposal to buy back fully paid-up…

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  • Business

Adani group stocks in heavy demand; Adani Energy zooms nearly 18%, NDTV jumps over 11%

admin3 years ago3 years ago03 mins

Shares of Adani group of companies jumped in morning trade on January 3, defying a weak trend in the broader…

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  • Business

IIT Madras targets incubating 100 start-ups this year

admin3 years ago3 years ago01 mins

The IIT Madras Incubation Cell (IITMIC) is the institute’s umbrella body for nurturing, supporting, and overseeing various innovation and entrepreneurship…

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  • Business

HUL receives GST demand, penalties of ₹447.5 crore from authorities of five States

admin3 years ago3 years ago03 mins

Representational image only. | Photo Credit: Reuters Leading FMCG maker Hindustan Unilever Limited has received GST demand and penalties totalling…

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  • Business

India’s 1991 crisis and the RBI Governor’s role

admin3 years ago3 years ago013 mins

S. Venkitaramanan, on his way to the hearing in New Delhi on November 26, 1992 S.Venkitaramanan, an IAS officer who…

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  • Business

Rupee falls three paise to 83.19 against U.S. dollar in early trade

admin3 years ago04 mins

Representational image only. | Photo Credit: The Hindu The Rupee started the New Year on a flat note and depreciated…

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  • Business

Air India pilot unions object to ‘threats of appropriate measures’ for sick reporting

admin3 years ago3 years ago03 mins

Pilot unions at Air India on Sunday expressed “concern” over the Tata Group-owned airline’s alleged threat to the cockpit staff…

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  • Business

Finance Minister meets heads of PSBs, reviews financial performance

admin3 years ago3 years ago03 mins

Union Finance Minister Nirmala Sitharaman chairs a meeting to review performance of Public Sector Banks, in New Delhi, on Dec….

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  • Business

Sam Bankman-Fried will not face a second trial: Prosecutors

admin3 years ago3 years ago04 mins

File picture of FTX founder Sam Bankman-Fried, who was convicted of stealing from customers | Photo Credit: Reuters U.S. prosecutors…

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  • Business

States, UTs to borrow ₹4,13,452 crore in Q4, RBI draws weekly auction schedule

admin3 years ago3 years ago01 mins

The Reserve Bank of India (RBI), in consultation with the State Governments/Union Territories (UTs), on Friday announces that the quantum…

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  • Business

‘April-Nov. exports in engineering dip 2%‘

admin3 years ago3 years ago03 mins

India’s engineering exports in the first eight months of the fiscal, ended November, declined 1.81% to $69.46 billion compared to…

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  • Business

Centre approves cluster project for Coimbatore jewellery sector

admin3 years ago03 mins

The upcoming jewellery cluster is likely to benefit nearly 50,000 goldsmiths and workers in Coimbatore. File photo for representational purpose….

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  • Business

RBI approves IDFC-IDFC First Bank merger

admin3 years ago3 years ago03 mins

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC…

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  • Business

Coal sector | Govt. plans financial support for coal gasification projects, higher production in 2024

admin3 years ago3 years ago07 mins

In this file photo, labourers carry coal onto a goods train at Ashoka Coal Mines in Peeparwar. Image for representational…

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  • Business

Are graduates facing unemployment? – The Hindu

admin3 years ago3 years ago07 mins

In 1932, the famous engineer and statesman M Visvesvaraya pointed to the high prevalence of unemployment amongst the educated, pointing out that…

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  • Business

Markets turn flat in highly volatile trade

admin3 years ago03 mins

Image used for representational purpose only. | Photo Credit: Reuters Equity benchmark indices climbed in early trade on December 26…

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  • Business

Small stocks lead 2023 bull run; give big returns to investors

admin3 years ago09 mins

Smaller stocks have emerged as Dalal Street’s favourites in 2023 that has turned out to be a “great year” for…

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  • Business

Centre mulls revival of RoDTEP benefits for sugar exports

admin3 years ago05 mins

Authorities had denied benefits under the RoDTEP scheme to sugar exporters after sugar was removed from the ‘free’ category in…

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  • Business

Infosys loses mega-contract as global client terminates $1.5 billion deal

admin3 years ago02 mins

Infosys logo. | Photo Credit: Reuters IT services firm Infosys has said that a global company has decided to terminate…

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  • Business

Schwing Stetter India eyes doubling exports in CY24

admin3 years ago04 mins

Schwing Stetter India is bullish about the short and long-term growth prospects for CY24, said Managing Director and Chairman V….

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  • Business

Microsoft ending support for Windows 10 could send 240 million PCs to landfills: report

admin3 years ago03 mins

Microsoft Corp’s plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs)…

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  • Business

Rupee up 2 paise to 83.25 against U.S. dollar in early trade

admin3 years ago02 mins

The rupee rose 2 paise to 83.25 against the U.S. dollar on Friday | Photo Credit: VENKATACHALAPATHY C The rupee…

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  • Business

Greaves Retail opens e-three-wheeler mart in Chennai

admin3 years ago02 mins

The master retailer outlet will foster expansion for OEMs and offer elevated levels of customer service Greaves Retail, a division…

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  • Business

Rupee falls 4 paise to 83.22 against U.S. dollar in early trade

admin3 years ago02 mins

Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 4 paise to 83.22 against the U.S….

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  • Business

Zee, Sony to discuss extension of merger deadline

admin3 years ago02 mins

Zee Entertainment Enterprises Ltd. (ZEEL) and Indian units of Japan’s Sony Group will discuss an extension of merger deadline, ZEEL…

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  • Business

The Hindu Morning Digest, December 20, 2023

admin3 years ago010 mins

Congress president Mallikarjun Kharge addresses a press conference after the Indian National Developmental Inclusive Alliance’s (INDIA) meeting, in New Delhi…

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  • Business

States can borrow an extra ₹2 lakh crore this year

admin3 years ago3 years ago02 mins

States may be able to tap about ₹2.04 lakh crore as additional borrowings over and above their net borrowing limits…

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  • Business

Govt. to launch ninth round of commercial coal mine auction on December 20; 26 mines on the block

admin3 years ago02 mins

These mines are in the states of Chhattisgarh, Jharkhand, Madhya Pradesh and Telangana. File. | Photo Credit: G.N. RAO The…

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  • Business

Capex loans released to States so far, at ₹60,307 crore

admin3 years ago03 mins

With a little more than a quarter to go in financial year 2023-24, the Centre has released less than half of the…

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  • Business

Polluting firms must factor in climate litigation risk, says Dr. Friederike Otto

admin3 years ago011 mins

“It’s the beginning of the end,” the U.N. Climate Change’s Chief, Simon Stiell, announced in the closing minutes of COP28…

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  • Business

JSW Group chairman Sajjan Jindal accused of rape, business tycoon denies allegations

admin3 years ago01 mins

JSW Group Chairman Sajjan Jindal. | Photo Credit: PTI   A 30 year old woman has accused JSW Group chairman…

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  • Business

Textile sector distress damps wages, sparks worker exodus

admin3 years ago010 mins

The challenges over the past year at India’s textile and apparel sector, the country’s second-largest employer with almost 45 million…

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  • Business

13 States, UTs among “achievers” in logistics performance index: DPIIT report

admin3 years ago04 mins

Commerce and Industry Minister Piyush Goyal. File | Photo Credit: ANI Andhra Pradesh, Karnataka, Tamil Nadu, Chandigarh, and Gujarat are…

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  • Business

G7’s curbs on Russian diamonds will not hurt India, assures Govt.

admin3 years ago03 mins

The government is confident that the G7 nations’ move to block the entry of Russian diamonds into their markets will…

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  • Business

India’s exports drop 2.83% in November; imports down by 4.33%

admin3 years ago02 mins

Representational image of paddy stocked at a market in Uttar Pradesh. Indian exports saw a decline in November 2023 |…

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  • Business

Magniflex plans to add 80 dealers in 12 months

admin3 years ago03 mins

The upscale mattress maker posted 40% growth in its India revenue for FY23 and is eyeing 30-35% growth in FY24,…

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  • Business

Wholesale inflation back in positive zone after 7 months, at 0.26% in November

admin3 years ago02 mins

Food inflation rose to 8.18% in November, from 2.53% in October. File (representational image) | Photo Credit: K. Ragesh After…

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  • Business

TechM’s new platform to create flexible job options for gig workers

admin3 years ago01 mins

Tech Mahindra launched Populii, a crowdsourcing platform that enables gig workers to collaborate with leading organisations through micro jobs requiring…

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  • Business

I-T raids on premises of former Trinamool Congress MLA, others in West Bengal

admin3 years ago02 mins

Image used for representational purpose only. | Photo Credit: ANI “The raids were conducted in Asansol, Durgapur and Raniganj areas,…

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  • Business

ALL displays hydrogen and diesel engines at Excon 2023

admin3 years ago03 mins

The new diesel and hydrogen engines can be customised for various applications, catering to the evolving demands of the industry,…

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  • Business

U.S. inflation likely cooled again in November as Fed prepares to assess interest rates

admin3 years ago06 mins

The Federal Reserve building in Washington, U.S. | Photo Credit: Reuters This year’s steady slowdown in U.S. inflation likely continued…

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  • Business

RBI cautions against unauthorised campaigns on loan waiver

admin3 years ago02 mins

The RBI said that in certain locations, campaigns related to debt waiver offers are being run by a few persons,…

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  • Business

Sensex scales 70,000-peak, Nifty closes just shy of 21,000 on gains in metal, IT shares

admin3 years ago04 mins

Equity benchmark Sensex breached a new milestone of 70,000 points before closing 102 points higher, while Nifty settled just shy…

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