Business Standard - May 09, 2024
Business Standard - May 09, 2024
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In dieser Angelegenheit
May 09, 2024
Why Silent On Ambani, Adani? PM Jibe At Rahul
Cong labels BJP 'tempo of corruption', says Modi nervous after three phases of polls
3 mins
Al Express cancels 91 flights as cabin crew calls in sick
After Vistara cancellations, it's the turn of another Tata airline to face crisis
3 mins
'Our bolt-on value-accretive M&A strategy will be deployed'
Hindustan Unilever (HUL) expects volume recovery both for the company and the fast-moving consumer goods industry, says RITESH TIWARI, chief financial officer at HUL.
1 min
L&T Q4 profit rises 10% to ₹4,396 cr, beats estimates
Engineering conglomerate Larsen & Toubro (L&T) on Wednesday reported a 10 per cent rise in its net profit attributable to the owners of the company for the January-March quarter (Q4FY24) on the back of improved operational performance.
2 mins
"Dialling up our portfolio is a priority for HUL'
How do you expect new channels to grow? In modern trade, our market shares are higher than in general trade.
3 mins
Byju's ‘Pulling Ahead' With Scalable Sales, Lower Prices
Cash-strapped educational technology (edtech) firm Byju's has reduced the prices of its products.
2 mins
2Ws drive growth as auto retail sales rise 27% in Apr
Demand grew for all automobile categories on stable fuel prices
2 mins
Hindalco mulls $1.2 billion IPO for Novelis
Hindalco Industries, owned by billionare Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its US-based unit Novelis, Bloomberg News reported on Wednesday.
1 min
Simpl axes 100 jobs in cost-cutting drive
Buy Now, Pay Later (BNPL) startup Simpl laid off over 100 employees across the verticals on Wednesday to improve operational efficiencies and reduce fixed and overhead costs, Business Standard has learnt.
1 min
Relief unlikely for OEMs with pre-deadline stocks
Original equipment manufacturers are seeking benefits under FAME scheme
1 min
Jet resolution plan has become a 'joke': Lenders
The Supreme Court on Wednesday saw a faceoff between the lenders of Jet Airways and the successful bidder for the grounded airline, with the creditors dubbing the resolution plan as a \"joke\".
1 min
Sonata eyes 20% revenue from AI-led services: CFO
Bengaluru-based Sonata Software aims to get about 20 per cent of its revenue from artificial intelligence (AI)-led services in the next 2-3 years, a top executive said.
1 min
India can grow 6.5-7% over next decade: CEA
India could continue to grow at a rate of 6.5-7 per cent over the next decade with better balance sheet strength in the financial and non-financial sectors, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday.
1 min
Shares given as gift may escape capital gains tax
This may happen if an HC ruling sets a precedent
1 min
Share of Hindus shrunk 7.8% between 1950 and 2015
EAC-PM study says barring Parsis and Jains, share of all other religious minorities surged; Muslim population grew 43%
2 mins
NPCI ISSUES NORMS FOR MERCHANT ACQUISITION - Banks to verify details for BHIM Aadhaar Pay
The National Payments Corporation of India (NPCI), in a circular, has issued guidelines that put the onus of verifying merchant details on acquiring banks for BHIM Aadhaar Pay.
1 min
Restrictions On Bank Of Baroda's BOB World Lifted
The Reserve Bank of India (RBI) lifted the curbs on BoB World - the mobile application (app) of Bank of Baroda with immediate effect, the bank said in a notification to the exchanges.
1 min
Developers wary of RBI's draft infra lending norms
'Higher provisioning may slow sector, but good for long term'
2 mins
Temple narrative no guarantee for win
Voters in Odisha's Puri and Sambalpur say local issues, poll dynamics matter
3 mins
PSUs not in disarray, thriving under Modi regime: Sitharaman
'Net worth of CPSES increased 82% in 9 years'
2 mins
Pitroda sparks debate with 'racist' remarks
Resigns as chairman of Indian Overseas Congress
2 mins
Ready to support Cong to bring down BJP govt: JJP
Haryana CM Nayab Singh Saini said his govt not in any trouble
1 min
The road to Delhi goes via Kanpur
Kanpur Lok Sabha constituency is a bellwether of India's voting behaviour, boast keen observers, mostly comprising the city residents.
1 min
India Inc'surprised' at PM's Adani-Ambani jibe at Rahul
Leaders of India Inc expressed surprise at Prime Minister (PM) Narendra Modi's remark that Congress leader Rahul Gandhi has suddenly stopped talking about (Mukesh) Ambani and (Gautam) Adani in the ongoing election while suggesting that a \"secret deal\" may have been struck between Congress and the business leaders.
1 min
AWS breaks into Europe 5G networks with Telefonica deal
In a global first, an existing mobile operator will switch its core network to a public Cloud
2 mins
FTX customers to recover funds lost in collapse
REUTERS 8 May Crypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganisation plan filed by the company on Tuesday in US bankruptcy court.
1 min
US commerce dept revokes export licences to Huawei
Considers regulatory push to restrict export of closed source Al models
3 mins
AstraZeneca withdraws Covid vaccine globally
AstraZeneca Wednesday announced the global withdrawal of its Covid-19 vaccine, Vaxzevria, days after it was reported that the British pharmaceutical giant admitted the jab can cause rare side effects like blood clots and low platelet counts.
1 min
Getting India’s growth priority right
To catch up with peers, not only in size but also in per capita income, India must focus on health and education
2 mins
Transforming manufacturing Dependence on PLI should be contained
Intending to formulate a production-linked incentive (PLI) scheme for electronics-component manufacturing, the Ministry of Electronics and Information Technology, as reported by this newspaper, has asked various stakeholders to share information related to India's disabilities against competing countries, export potential, major buyers of components and sub-assemblies, and foreign and domestic firms planning to set up manufacturing plants in the country.
2 mins
BITs in pieces
Countries sign Bilateral Investment Treaties (BITS) to attract foreign investments to enhance manufacturing, generate jobs, and seek new technologies for sustained economic activity.
3 mins
We're back to bijli, sadak, paani
A head of elections, fierce debates have broken out in resident welfare associations (RWAS) in the country's most famous high-tech Millennium City that somehow manages to thrive on the most low-tech quality of civic infrastructure.
3 mins
Regulating the regulators Govt must strengthen accountability
Contamination in packaged spices, eye drops, and children's cough syrups; misinformation in advertisements for an Ayurvedic medicine; revelations of high sugar content in baby food; and the mislabelling of sugared food products as \"health drinks\".
2 mins
Demat additions in April built on best ever quarter
Over 3 million accounts added for fifth straight month
3 mins
New product launches, margins to drive gains for Godrej Consumer Products
Godrej Consumer Products (GCPL) reported 6 per cent yearon-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to 3,385 crore and this was impacted adversely by currency movement.
2 mins
Mutual funds go on ₹900 crore gilt selling trip in May
The stance of Mutual Funds (MF) in the government bond market has shifted in May, with fund houses now engaging in a selling spree, offloading around 900 crore worth of bonds so far.
1 min
Fund houses bet on 'special' opportunities as uncertainties loom
Mutual funds are looking to tap into the special opportunities theme ahead of the results of the general election and the continued uncertainty on the geopolitical and interest rate fronts.
2 mins
It's time to 'stock' up for those with risk appetite
Poll jitters, rich valuations to blame for muted May for markets, say analysts
3 mins
Tailor health insurance riders to your family's medical history
Understand exclusions in each rider to avoid surprises at the time of claim
2 mins
Home-cooked veg thali 8% costlier in April
Pricier onion, tomato and potato increased the cost of a home-cooked vegetarian thali by 8 per cent in April to ₹27.4 compared to ₹25.4 in the same month last year, said a report on Wednesday.
1 min
Depending on rain gods not a solution for forest fires: SC
The Supreme Court on Wednesday said cloud seeding or \"depending on rain gods\" is not the answer to the raging forest fires in Uttarakhand and that authorities will have to take preventive measures to tackle the problem.
1 min
Google launches wallet app in India
Tech giant Google on Wednesday launched the Google Wallet app in India, enabling users to store and retrieve digital documents like boarding passes, loyalty cards, movie tickets, and more.
1 min
Business Standard Newspaper Description:
Verlag: Business Standard Private Ltd
Kategorie: Newspaper
Sprache: English
Häufigkeit: 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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