In this issue

June 02, 2023

FPI flows may trip on Sebi's stricter disclosure rules

Such investors could reduce their exposure to evade 'high-risk' tag and shift to friendlier jurisdictions, say experts

2 mins

Buyers of PSU shares exempt from gift tax

STRATEGIC DISINVESTMENT PUSH

1 min

May data paints healthy picture of the economy

GST collection, car sales post robust numbers

2 mins

TVs to cost 10% more as open cells get costlier

Smartphone costs could go up, as open cells constitute 18-30% of the total cost.

3 mins

Investments in Cloud, 5G IoT to continue: TCS CEO

Exciting new journey ahead, says Krithivasan in first mail to employees after taking charge

2 mins

Auto companies post record sales for May

The Indian auto industry has recorded its highest-ever May wholesales of domestic passenger vehicles (PVS) at 334,802 units amid better semiconductor chip supply and high demand for sport utility vehicles (SUVs).

1 min

Govt in talks with Micron for semicon fab factory

The discussions with Micron come against the backdrop of the government announcement on Wednesday that it would start considering new applications for fab plans

2 mins

Byju's lenders nix talks to rejig $1.2-billion loan

Lenders likely to pressure firm to liquidate US assets to part-repay loan

3 mins

India, EU eye agreeable solution over ICT tariffs

Meetings between Indian, European Union officials set to take place today

2 mins

RBI should continue with rate pause, says CII chief

The Reserve Bank of India (RBI) should continue with a pause in the key repo rate and change its stance to neutral, Confederation of Indian Industry (CII) President R Dinesh said on Thursday.

1 min

EU, US To Ready AI Code Of Conduct 'Within Weeks'

The European Union and United States said they expect to draft a voluntary code of conduct on artificial intelligence "within weeks" with the hope that fellow democracies will sign on.

2 mins

House passes debt limit Bill in a bipartisan vote

An overwhelming bipartisan coalition pushed through the compromise struck by Speaker Kevin McCarthy and President Biden, even as lawmakers in both parties signaled displeasure with the plan.

1 min

Indian employees caught in an AI conundrum

74% worried artificial intelligence would replace jobs, 83% ready to delegate as much as possible: Microsoft report

2 mins

Google's Shareholders Seek Assessment Of Plans To Expand Cloud Regions In India

A cloud zone refers to a deployment area for Google Cloud resources within a region

2 mins

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