In this issue

January 24, 2023

NSE, ex-chiefs get SAT relief in colocation case

Tribunal sets aside ₹625-cr disgorgement order against the bourse, finds no 'unethical act'

3 mins

Apple looking to manufacture 25% of iPhones in India: Goyal

Will be significant ramp-up compared to 5-7% now

1 min

Google reworking terms of mobile app distribution

With the Supreme Court (SC) rejecting Google's appeal for a stay on the huge fine slapped on the tech giant by the Competition Commission of India (CCI), the US company is reworking its terms of the Mobile App Distribution Agreement (MADA), which it has signed with mobile device brands.

2 mins

Amazon Air Debuts In India Forfaster Deliveries

In an effort to enhance its transportation network and enable faster deliveries to customers, Amazon announced the launch of Amazon Air in India on Monday. With this, it became the first e-commerce firm in the country to come up with a dedicated air cargo network.

2 mins

Honda set to join 2-wheeler EV race by March next year

Honda Motorcycle and Scooter India (HMSI), the country's second-largest two-wheeler manufacturer, is planning to launch its first electric vehicle (EV) here by March next year, said CEO & MD Atsushi Ogata on Monday.

1 min

Vistara flies into profits for 1st time since launch

Airline did not disclose the profit figure, said result excluding unrealised forex loss

1 min

Adani, Torrent, Haldiram's look to acquire teams in Women's IPL

BCCI setto earn up to ₹4K cr from auctions

1 min

India-Made 4G And 5G Tech Roll-Out This Yr: Vaishnaw

IT minister says stacks successfully tested to handle 10 mn simultaneous calls

1 min

B20 can add value to G20, the world, says Chandra

\"INDIA IS IN A VERY UNIQUE POSITION IN THE WORLD AT A TIME (WHEN) WE ARE SEEING SEVERAL MOVING PARTS\" N CHANDRASEKARAN, INDIA CHAIR, B20

1 min

Transition to net-zero must be inclusive: Puri

The process of the world's transition towards net-zero needs to be inclusive to avoid accentuation of social inequality challenge and the 'exemplary progress' made by India in the area is worthwhile for the global community to look at, ITC Chairman and Managing Director Sanjiv Puri said on Monday.

1 min

US agriculture associations fear market loss to India's FTA partners

US agriculture associations fear adverse impact on exports of almonds, grapes and whisky to India. This is owing to the new and ongoing trade agreements between India and Australia, the UK and EU.

2 mins

ICICI Bank, RBL, Axis, IDFC First raise deposit rates to meet credit growth

With credit growth continuing to outpace deposit growth by a long margin, several banks, including ICICI Bank, RBL Bank, Axis Bank, and IDFC First Bank, have revised deposit rates in order to mobilise funds.

1 min

Banks get time till Dec 31 to renew locker contracts

A large number of deposit locker holders yet to sign the revised agreement

1 min

Axis Bank Q3 net profit jumps 62% to ₹5,853 cr

Axis Bank on Monday reported a 62 per cent year-on-year (YoY) jump in its standalone net profit for October-December to ₹5,853.07 crore as strong growth in net interest income bolstered the bottom line despite higher provisions.

2 mins

Put e-gaming policy on hold: Law panel to MeitY

Ministry unlikely to shelve draft rules, asks commission to submit inputs

2 mins

Govt looks to curb smuggling of top-end phones

The Finance Ministry is looking at a reworked proposal from mobile device makers on how to fight the rampant and growing smuggling of very high end phones.

2 mins

Microfinance attracts renewed interest

Within months of the RBI lifting the interest rate cap on such loans, the industry is seeing a steady rise in borrowing, especially by women in some of India's poorest districts

4 mins

Pak's national grid fails for 2nd time in 3 months

Nearly 220 million had to do without power for several hours, highlighting the nation's infrastructural weakness

1 min

What The Budget Should Explain

FM's speech must highlight its impact on money supply, demand and investment-factors that influence inflation and growth

4 mins

NIM distress: ICICI Bank best placed to face it

Can withstand slowdown against adverse costs, given its healthy loan book: Experts

3 mins

Read all stories from Business Standard

Business Standard Newspaper Description:

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.