Business Standard - December 21, 2022Add to Favorites

Business Standard - December 21, 2022Add to Favorites

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In this issue

December 21, 2022

BSBFSI event kicks off today

After a pandemic-induced hiatus of two years, Business Standard BFSI Insight Summit is back in a physical form, featuring some of the leading voices of the country's financial sector.

2 mins

Upturn in capex cycle on horizon, says RBI report

'Can't let our guard down on inflation'

Upturn in capex cycle on horizon, says RBI report

1 min

Share buybacks through stock exchanges to be phased out

The Securities and Exchange Board of India (Sebi) board on Tuesday approved phasing out of buybacks through stock exchanges, along with chalking out of governance mechanisms for addressing lapses at market infrastructure institutions (MIIS) like stock exchanges, depositories, and clearing houses.

Share buybacks through stock exchanges to be phased out

2 mins

Google India's profits treble in five years

Earlier this month, an apex court in the European Union ruled that any citizen can ask search engines such as Google to delete any outdated or sensitive information on them.

Google India's profits treble in five years

1 min

Power demand to fall in H2, gencos' receivables to go up

Growth in the country's power demand is likely to slow down in the second half of the financial year ending March 2023 (H2FY23), after robust 11.3 per cent year-on-year (YoY) growth in the first half of the year (H1FY23), Fitch Ratings said in a report released on Tuesday.

Power demand to fall in H2, gencos' receivables to go up

1 min

Cosmea-Piramal pulls out of RCap auction

Cites unreasonable new base price of ₹6,500 cr; 'previous offer still valid'

Cosmea-Piramal pulls out of RCap auction

2 mins

Fresh formal job creation falls to lowest in 17 months

The number of fresh formal jobs created fell to a 17-month low in October at 727,899 as the number of new subscribers enrolling under the Employees' Provident Fund Organisation (EPFO) in October plunged 25.9 per cent from the September levels, the latest payroll data released on Tuesday showed.

Fresh formal job creation falls to lowest in 17 months

2 mins

NRI deposits see a U-turn

Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose for the first time in the financial year to $134.54 billion in October 2022.

NRI deposits see a U-turn

1 min

Govt may waive tax norms for IDBI Bank buyer

The government is likely to waive some tax norms for the buyer of IDBI Bank in a bid to attract more suitors for a majority stake sale in the lender, two government sources said on Tuesday, after the Centre extended the deadline for initial bids.

1 min

Xiaomi to cut 10% jobs amid China's Covid surge

China's Xiaomi Corp has started laying off workers in its smartphone and internet services business, joining a long list of Chinese tech firms cutting jobs as the country battles Covid-19 outbreaks.

1 min

Jan 6 panel for criminal charges against Trump

Concludes Trump was the central cause of Capitol insurrection

Jan 6 panel for criminal charges against Trump

2 mins

Musk likely to walk the talk on quitting as Twitter CEO

MAY RESTRICT POLLS TO BLUE TWEEPS

1 min

77% services sector firms keen on hiring in Q4: Report

The report found a positive outlook for graduates and entry-level employees in India, with 79% employers willing to hire them

1 min

Sebi opens doors for MF platforms to charge for services

They can charge some money but commission won't be allowed: Chairman Madhabi Puri Buch.

1 min

Read all stories from Business Standard

Business Standard Newspaper Description:

PublisherBusiness Standard Private Ltd

CategoryNewspaper

LanguageEnglish

FrequencyDaily

Business Standard is India's leading business daily.
A preferred choice of serious business readers, Business Standard is acknowledged as a quality leader.

Business Standard stands for reporting that stresses accuracy and credibility, commentary that is informed, independent and fair, and journalism that is rooted in ethical conduct and defined by a sacrosanct bond with the reader. All Business Standard journalists sign on to a code of conduct that is available on the website.

Business Standard's editorial team is led by Shyamal Majumdar.

The English newspaper is published from 12 centers - New Delhi, Mumbai, Kolkata, Bengaluru, Chennai, Ahmedabad, Hyderabad, Chandigarh, Lucknow, Pune, Kochi and Bhubaneswar. It is also printed from Bhopal.

The Hindi Business Standard is published from eight centres - New Delhi, Mumbai, Kolkata, Patna, Lucknow, Bhopal, Chandigarh and Raipur.

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