Business Standard - May 22, 2023
Business Standard - May 22, 2023
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In this issue
May 22, 2023
India asks for $55-mn funding in first call with Pandemic Fund
In a significant development, India is believed to have placed a funding request of around $55 million in its first call with the Pandemic Fund of the World Bank, sources said.
1 min
₹2,000 note may lose legal tender status by year-end
No sign yet of ₹1,000 note making a comeback
2 mins
Revenue of listed Tata firms tops ₹10 trillion
But its FY18-FY23 revenue CAGR lags India's GDP growth
2 mins
Telcos in a huddle to hang up on green ministry's e-waste rules
According to COAI, only the DoT has the expertise to determine the 'end of life cycle' of telecom equipment
2 mins
Corporate giants foray into paints bizto cash in on growing demand
Large companies, such as JSW group, Aditya Birla flagship Grasim, and now Pidilite Industries, have announced their foray into the paints market, attracted by the growing demand and the high margins on offer in the business.
2 mins
Blackstone snaps up IGI in over ₹4.7K-crore deal
The jewellery certification firm depends on its India ops for majority of profits
1 min
SC report, stock revival to help Adani group raise ₹21K cr: Bankers
The Supreme Court report and a revival in Adani group shares since February-end will help the group raise ₹21,000 crore through the sale of shares in Adani Enterprises (AEL) and Adani Transmission (ATL), bankers aware of the development said on Sunday.
1 min
Start-ups may get a funding boost: Top VCs
PROPOSED ANGEL TAX NORMS. EXPERTS SAY THE EXCLUSIONS PROPOSED FOR CERTAIN NONRESIDENT INVESTORS SHOULD LEAD TO INCREASED FUNDING STABILITY
1 min
Walmart in talks to source toys, shoes from India
US-based retail giant Walmart is looking to source toys, shoes, and bicycles from Indian suppliers as the company is targeting to increase its exports from India to $10 billion annually by 2027.
1 min
Sebi moots measures to curb price volatility in derivatives segment
Capital markets regulator Sebi on Sunday came out with a proposal to strengthen the existing price band formulation for scrips in the derivatives segment to deepen volatility management and minimise information asymmetry in the market.
1 min
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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