In this issue

May 17, 2022

Pawan Hans divestment set to be put on hold

This is because Almas Global Opportunity Fund, which owns 49% stake in winning bidder Stare Mobility, has been penalised by NCLT

4 mins

Vehicle fuel prices responsible for 30% of April inflation spurt

The increase in retail price inflation in petrol and diesel for vehicles for personal use contributed around 30 per cent to the rise in year-on year inflation in April over March.

4 mins

Liquidity mop-up from secondary market resumes

Amid rising bond yields and expectation of liquidity infusion measures by the market participants, the Reserve Bank of India (RBI) has started absorbing liquidity from the secondary market, albeit in small amounts.

2 mins

Banking on coal

Private investors, Coal India and the government are exploring ways to make coal mining more bankable as the heatwave pushes up demand for power

4 mins

McDonald's To Sell Its Russian Business

More than three decades after it became the first American fast food restaurant to open in the Soviet Union, McDonald's said on Monday that it has started the process of selling its business in Russia, another symbol of the country's increasing isolation over its war in Ukraine.

1 min

Google Transmits Our Data 70 Billion Times In A Day

Along with the Pixel phones, watches and earbuds at Google's annual showcase of software and devices last week came a pair of nifty-looking translation glasses.

2 mins

Adani-Holcim deal may cement consolidation

The Adani-Holcim deal may trigger a wave of consolidation in the cement industry, say, industry insiders and experts.

2 mins

Analysts dissect SBI target price on missed estimates

Expect stock price performance to be driven by credit growth pick-up

3 mins

'Shivling found in Gyanvapi'; court orders sealing of spot

SC to hear plea of mosque management committee against survey today

2 mins

2 India-made warships enter the water today

In a first, defence minister to simultaneously launch an indigenous destroyer and a frigate

2 mins

Read all stories from Business Standard

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