Business Standard - May 18, 2023
Business Standard - May 18, 2023
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In this issue
May 18, 2023
Tesla proposes plant in India to manufacture electric cars
Senior Tesla executives meet officials from PMO and other ministries
2 mins
Sebi gets 3 more mths to file report
SC HEARING IN ADANI-HINDENBURG CASE
2 mins
Cabinet nod for ₹17,000-crore IT hardware PLI 2.0
Move to boost local production of tablets, laptops
2 mins
Govt cuts FAME-II subsidy for e-2Ws to ₹10,000/kWh
Maximum subsidy cap of 40% of the ex-factory price also decreased to 15%
2 mins
Customers need to pay more for higher usage: Vittal
Bharti Airtel is seeing improved customer engagement with the rollout of 5G services, but pricing remains a challenge, the company's managing director Gopal Vittal (pictured) said on Wednesday.
1 min
IndiGo to PW: Quickly deliver engines to us
Low-cost carrier IndiGo has asked American aerospace manufacturer Pratt & Whitney (PW) to quickly provide engines for the airline to press its grounded planes back into service, sources said on Wednesday.
1 min
Experts:ONDC unlikely to hit Swiggy-Zomato duopoly, for now
The chatter is that the government-backed for Digital Open Network Commerce's (ONDC) cheap offers will \"disrupt\" Swiggy and Zomato duopoly in food delivery, but market analysts do not see an immediate threat to the private companies.
2 mins
Space Mantra leads six-horse race to acquire Future Retail
According to reports, Reliance Retail and Adani Group have not bid for the firm's assets
2 mins
Cabinet approves ₹38,000-cr subsidy for non-urea fertilisers
Centre likely to spend ₹1.08 trillion on subsidy this kharif season
2 mins
Peak Power Demand Hits Historic High Of 220 Gw
At around 3 pm on Wednesday, India's daily peak power demand touched 220 Gigawatts (Gw) - the highest daily peak in the history of the country.
1 min
Satcom spectrum auction: DoT may nudge Trai for recommendations
The Department of Telecommunications (DOT) is likely to communicate to the Telecom Regulatory Authority of India (Trai) that its recommendations on the auction of spectrum for space-based communication services are still \"awaited\".
1 min
CBI arrests journalist, former Navy commander for 'spying'
The Central Bureau of Investigation (CBI) has journalist Vivek arrested freelance Raghuvanshi (pictured) and former Navy commander Ashish Pathak for allegedly collecting sensitive information on defence matters and passing them on to foreign intelligence agencies, officials said on Wednesday.
1 min
Govt expects RBI surplus to surpass Budget targets
The Centre expects a windfall surplus transferable from the Reserve Bank of India (RBI) for the current fiscal year (2023-24, or FY24), Business Standard has learnt.
2 mins
India, EU intend to find a way forward: Goyal on carbon tax
Both sides agree to coordinate on policies in semiconductor sector, conclude agreement by Sept
2 mins
India likely to grow 6.7% in 2024: UN
Robust domestic demand will drive India's economic growth in 2023, while higher interest rates and weaker external demand will continue to weigh on investment and exports during the calendar year, the United Nations Department of Economic and Social Affairs (UNDESA) said on Wednesday.
1 min
Hinduja group patriarch, a titan among peers
S P HINDUJA 1935-2023
2 mins
Tesla Is Not Immune To Tough Economy: Musk
Says he's not stepping down as CEO, the company will advertise
1 min
Police surround Imran's home in search of '30-40 terrorists'
Punjab govt warns Khan to hand over riot suspects in 24 hours or face action
1 min
HealthMin to put 75 mn with hypertension on standard care by 2025
The Ministry of Health and Family Welfare (MOHFW) on Wednesday announced at a G20 co-branded event with the World Health Organization (WHO) its ambitious target of putting 75 million people with hypertension and diabetes on standard care by 2025.
1 min
India may add over 7,000 ultra-rich people by 2027
Those with a net worth of $30 million or above in India could be 19,119 in 2027
2 mins
Business Standard Newspaper Description:
Publisher: Business Standard Private Ltd
Category: Newspaper
Language: English
Frequency: Daily
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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