CATEGORIES

Govt fast-tracks land acquisition drive
Business Standard

Govt fast-tracks land acquisition drive

The Uttar Pradesh government has planned to acquire nearly 96,000 acres of more industrial land over the next two to three years, aiming to become a preferred investment destination in South Asia.

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1 min  |
November 01, 2024
Business Standard

Disengagement 'almost' complete: Rajnath

Defence Minister Rajnath Singh on Thursday said the disengagement process in certain areas along Line of Actual Control (LAC) was \"almost complete\", based on consensus achieved between India and China.

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1 min  |
November 01, 2024
Business Standard

Student credit card scheme fails to take off

Manoj Tripathi, a student from Jamshedpur, was elated when the Jharkhand government launched the ambitious Guruji Student Credit Card scheme in March this year.

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1 min  |
November 01, 2024
Won't compromise even an inch of India's territory: PM
Business Standard

Won't compromise even an inch of India's territory: PM

Remarks come after India, China troops complete disengagement at 2 points

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2 mins  |
November 01, 2024
HDFC Bank arm HDB files papers for ₹12.5K cr IPO
Business Standard

HDFC Bank arm HDB files papers for ₹12.5K cr IPO

Lender to sell shares worth ₹10,000 crore through offer for sale

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2 mins  |
November 01, 2024
Focusing on strengthening credit architecture
Business Standard

Focusing on strengthening credit architecture

SALEE SUKUMARAN NAIR recently took charge as managing director (MD) and chief executive officer (CEO) of Tamilnad Mercantile Bank. Nair, formerly a deputy managing director of State Bank of India (SBI), in an online interaction with Shine Jacob, outlines his vision for the Thoothukudi-headquartered bank. Edited excerpts:

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3 mins  |
November 01, 2024
Experts flag lifestyle, screening lapses as reasons
Business Standard

Experts flag lifestyle, screening lapses as reasons

Experts have raised concern over the increase in incidence rate and mortality due to breast cancer in India, citing lifestyle issues and lack of screening mechanisms as reasons.

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1 min  |
November 01, 2024
Business Standard

Bank lending to industry surged 43% in H1FY25

Reflecting buoyancy and growth momentum, bank credit to industry—small, medium, and large—grew by 42.85 percent in the first half of the current financial year (H1FY25) over the same period last year.

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2 mins  |
November 01, 2024
Fintech firms latch on to digital gold rush this festival season
Business Standard

Fintech firms latch on to digital gold rush this festival season

Roll out new ways for users to invest in gold via micro-purchases, SIPs for regular savings

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2 mins  |
November 01, 2024
India's growth cannot depend on a few firms
Business Standard

India's growth cannot depend on a few firms

Veteran banker Uday Kotak (pictured) has said India's growth cannot be dependent on a few firms or groups and pitched for a more broad-based approach where many entities grow.

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1 min  |
November 01, 2024
In NFRA Versus ICAI, audit standards upgrade on cards
Business Standard

In NFRA Versus ICAI, audit standards upgrade on cards

The tug of war between the National Financial Reporting Authority (NFRA) and the Institute of Chartered Accountants of India (ICAI) over the need to revise India's auditing standards to align with global norms has further intensified.

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3 mins  |
November 01, 2024
Rupee hits fresh low of 84.11 against dollar
Business Standard

Rupee hits fresh low of 84.11 against dollar

Dealers cite foreign outflows, caution ahead of US polls as reasons

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2 mins  |
November 01, 2024
Business Standard

Persana AI raises $2.3 mn in seed funding

The sales intelligence market size is projected to grow from $4 billion in 2024 to more than $10 billion by 2032 as businesses seek best resources to get ahead.

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1 min  |
November 01, 2024
Business Standard

Swiggy IPO gets $15 bn bids from big investors

Big investors, including Norway's sovereign wealth fund Norges and Fidelity, have placed bids worth more than $15 billion (around ₹1.2 trillion) in Swiggy's India IPO, 25 times the $605 million portion reserved for such investors, four sources told Reuters on Thursday.

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1 min  |
November 01, 2024
LEAD Group to seek PE funding after hitting profitability milestone
Business Standard

LEAD Group to seek PE funding after hitting profitability milestone

Edtech unicorn LEAD Group is optimistic about achieving positive Ebitda (earnings before interest, tax, depreciation, and amortization) by the end of the current financial year (FY25) in March as spending on education rises, its co-founder and CEO Sumeet Mehta said.

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1 min  |
November 01, 2024
To be a leader in telecom, you need to lead in AI
Business Standard

To be a leader in telecom, you need to lead in AI

From cell decongestion, to coverage, CHANDRU SARGOR, head of Ericsson India's Global Artificial Intelligence Accelerator (GAIA) and Ericsson R&D Site, Bengaluru, says that Artificial Intelligence (AI) is solving real-life challenges in telecom networks. In an interaction with Subhayan Chakraborty, he also explains how Agentic AI will be the way forward. Edited excerpts:

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2 mins  |
November 01, 2024
Ambuja rivals UltraTech in limestone reserves via buys
Business Standard

Ambuja rivals UltraTech in limestone reserves via buys

Even as Adani Group-controlled Ambuja Cements focused on acquisitions to rival India's largest cement maker, UltraTech Cement, it appears to have built equally competitive limestone reserves in the last couple of years, disclosures suggest.

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2 mins  |
November 01, 2024
BPL Group founder TPG Nambiar dies
Business Standard

BPL Group founder TPG Nambiar dies

Indian electronic company BPL Group founder T P Gopalan Nambiar (pictured), died on Thursday, family sources said.

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1 min  |
November 01, 2024
BluJ's air taxi vision cleared for takeoff
Business Standard

BluJ's air taxi vision cleared for takeoff

Hydrogen cargo flights by 2026, with passenger travel expected by 2030

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2 mins  |
November 01, 2024
‘Not getting even a dollar from price rise due to Red Sea crisis’
Business Standard

‘Not getting even a dollar from price rise due to Red Sea crisis’

After becoming the first company in the TVS fold to get listed since 1994, TVS Supply Chain Solutions (TVS SCS), one of the largest integrated supply chain solution providers in India, has set a road map to break into the top 25 companies in the segment globally. The company’s Managing Director RAVI VISWANATHAN talks about the ongoing Red Sea crisis, growth strategy, and 2032 outlook in an interaction with Shine Jacob. Edited Excerpts:

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3 mins  |
November 01, 2024
13,000 associates have rejoined Cognizant: CEO
Business Standard

13,000 associates have rejoined Cognizant: CEO

Ravi Kumar S says AI will impact knowledge workers across segments

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2 mins  |
November 01, 2024
Business Standard

Urban demand under pressure as food inflation bites

Likely to remain soft on lower salary hike, high interest rates, says Nomura

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2 mins  |
November 01, 2024
Business Standard

Cognizant Q3 net income up 10.8% on deal pickup

Nasdaq-listed information technology (IT) major Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit and narrowed the guidance thanks to the Belcan acquisition in August.

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2 mins  |
November 01, 2024
Nifty finishes Samvat 2080 with 25% gain, most in 3 yrs
Business Standard

Nifty finishes Samvat 2080 with 25% gain, most in 3 yrs

The Nifty 50 index has demonstrated resilience, closing Samvat 2080 with a nearly 25 per cent gain despite an 8 per cent pullback from its peak.

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2 mins  |
November 01, 2024
Business Standard

Climate change to put APAC GDP on thin ice with 41% melt by 2100

India alone could face 24.7% loss in GDP by 2070

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2 mins  |
November 01, 2024
Deposits outpace credit growth after 30 months
Business Standard

Deposits outpace credit growth after 30 months

Alignment due to fall in credit growth from previous highs

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3 mins  |
November 01, 2024
Business Standard

Pharma and health care funds: Defensive bets amid growing Volatility

The pharmaceutical sector has been attracting strong investor interest.

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2 mins  |
October 31, 2024
Cipla not in the pink of health amid slow growth
Business Standard

Cipla not in the pink of health amid slow growth

Brokerages slash target price after subdued Q2 performance

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2 mins  |
October 31, 2024
Business Standard

Healthy growth outlook, market share gains positive for Marico

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry.

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2 mins  |
October 31, 2024
Sebi for deployment of NFO proceeds in 30 days
Business Standard

Sebi for deployment of NFO proceeds in 30 days

Says AMCs should not sit on such funds for an 'indefinite period'

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1 min  |
October 31, 2024