In this issue

October 06, 2022

Reliance bats for no caps on gas prices

Any such move will delay investments in fuel production, company tells govt panel

2 mins

Jalan-Kalrock agrees to infuse capital for Jet Airways take-off

With the Jalan-Kalrock consortium resolution strapped firmly in place, Jet Airways is a step closer to getting airborne. The new promoter of the carrier has agreed to the demands made by banks for infusion of capital, thereby clearing the decks for the airline's smooth lift-off.

1 min

WTO Pegs 2023 Global Trade Growth At 1%

Forecast lowered from 3.4% as recession looms

2 mins

After initial frenzy, electric two-wheeler market consolidating

Just 7 companies accounted for 86% of all electric two-wheeler registrations in September

2 mins

OYO valuation falls to $6.5 bn in pvt market

Valuation of IPO-bound OYO in the private market has dipped to around $6.5 billion following reports of a markdown of valuation of the hospitality and travel-tech firm by SoftBank in its private books, according to industry players. In the week ended September 30, 2022, nearly 1.2 million shares of the company were sold in the private market as compared to over 1.6 lakh shares sold in the previous week.

1 min

After iPhone, Apple To Make AirPods In India

Foxconn is also preparing to manufacture Beats headphones

1 min

Joining Delayed? Overhiring In FY22, Slowdown To Blame

Companies may now be leveraging their human capital costs, say experts

2 mins

Debit card issuances gather pace

FY23 numbers are encouraging after a seven-month slowdown in FY22

1 min

In Delhi-NCR, closure notices to 344 units since December

According to CAQM data, as of September 30, 8,270 sites were inspected for air pollution

2 mins

I Don't Want To Talk To Pakistan: Home Minister At Kashmir Rally

Union Home Minister Amit Shah on Wednesday said Assembly polls would be held with "full transparency" in Jammu & Kashmir after the Election Commission published the revised electoral rolls and asserted that the Modi government would wipe out terrorism from the Union territory.

1 min

Putin Signs Laws On Annexation As Kyiv Takes Back Dozens Of Towns

Russian President Vladimir Putin has signed laws formally absorbing four Ukrainian regions into Russia, even as its military struggles to control the territory that was illegally annexed.

2 mins

MF sector's asset growth moderates in H1FY23

Average AUM rose 2%, against a 20% increase during the entire FY22

1 min

Rust lawsuit settled, filming to resume

The family of a cinematographer shot and killed by Alec Baldwin on the set of the film Rust has agreed to settle a lawsuit against the actor and the movie's producers, and production will resume on the project in January.

1 min

Over 100 mn vaccine doses wasted by Sept

Covid-19 vaccine makers have no plans to seek shelf life extensions

2 mins

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