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Business Standard
AAIB report shows nothing wrong with A-I ops: Wilson
Wilson said: “We've had more than 600 people on the ground in Ahmedabad. We've set up a Trust (to support affected people) through TataSons. We have provided ex-gratia pay-
1 min |
October 30, 2025
Business Standard
Mercedes beats auto margin estimates on improved premium sales
German carmaker Mercedes-Benz on Wednesday reported stronger than expected margins at its core autos business as improved sales of premium models helped to offset one-off charges related to job cuts as well as declining sales in China.
1 min |
October 30, 2025
Business Standard
Cognizant lifts guidance on strong client spending
Nasdaq-listed Cognizant on Wednesday raised its revenue guidance for the financial year to 6-6.3 percent in constant currency, up from 4-6 percent it projected three months ago, as it anticipates clients to spend more to modernize their digital infrastructure by artificial intelligence.
1 min |
October 30, 2025
Business Standard
JSW Steel laying groundwork for CBAM regime: CEO
JSW Steel remains focussed on the domestic market due to a strong growth potential in the coming years, even as it continued to lay the foundation for a low-carbon future as the industry geared up for the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM).
2 min |
October 30, 2025
Business Standard
Chennai's skyline set to host first Taj-branded residences in India by 2027-end
₹2,000 crore Ampa-IHCL-Bharathi Meraki project to feature 235-key Taj hotel, 123 residences priced ₹8-25 crore
2 min |
October 30, 2025
Business Standard
AAIB report shows nothing wrong with Air India ops: Wilson
The Aircraft Accident Investigation Bureau's (AAIB’s) preliminary investigation report on the AI-171 crash, which was released in July, indicated there was “nothing wrong” with Air India’s operations and that no changes were required in its existing practices, the airline’s managing director and chief executive officer (MD&CEO) Campbell Wilson said on Wednesday.
2 min |
October 30, 2025
Business Standard
‘This could be largest IPO yr in Indian history’
Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India’s history, according to India heads of foreign banks on Wednesday.
2 min |
October 30, 2025
Business Standard
At least 2 Indian banks should be in global top 20: PSB chiefs
Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.
3 min |
October 30, 2025
Business Standard
Govt to do away with green clearance for underground coal gasification pilot projects
The government on Wednesday said the Ministry of Environment, Forest and Climate Change has agreed to do away with the green clearance for pilot projects for underground coal gasification.
1 min |
October 30, 2025
Business Standard
Adapting to a new fiscal anchor
The impact of the rationalisation and reduction in goods and services tax rates on growth and tax collections will be carefully studied by the Ministry of Finance, which has likely started preparation for the next Union Budget.
3 min |
October 30, 2025
Business Standard
Financial services sector is the biggest and strongest ever: DFS secy
In his address, V Anantha Nageswaran, Chief Economic Advisor, government of India, said India’s GDP growth could touch 7 per cent by the end of the ongoing financial year (FY26).
3 min |
October 30, 2025
Business Standard
Varun Beverages to foray into alcobevs
PepsiCo bottler Varun Beverages Limited (VBL) on Wednesday announced its foray into the alcoholic beverages sector, with a partnership between its African subsidiaries and Carlsberg Breweries A/S for their brand of beer, Carlsberg.
1 min |
October 30, 2025
Business Standard
India crosses 500 Gw power capacity, non-fossil sources contribute over 50%
The power ministry on Wednesday said India has achieved the milestone of crossing 500 Gigawatt (Gw) in total power capacity, with non-fossil fuel sources contributing over half of it.
1 min |
October 30, 2025
Business Standard
Govt to study SC order before taking call on Vi dues: Scindia
The government will study the Supreme Court’s (SC) order on Vodafone Idea’s (Vi) plea to reassess adjusted gross revenue (AGR) dues and examine its implications before deciding on a policy decision, Telecom Minister Jyotiraditya Scindia said on Wednesday.
2 min |
October 30, 2025
Business Standard
Market maturity fuelled India's IPO boom, say i-bankers
The domestic initial public offering (IPO) market is experiencing a significant surge, fuelled by the financialisation of savings, digital ease of investing, and expanding participation from both retail and institutional investors, investment bankers said on Wednesday.
2 min |
October 30, 2025
Business Standard
Sachidanand Upadhyay Joins the Global Business Elite with Second Appearance in Time Magazine
Sachidanand Upadhyay, Managing Director of Lord's Mark Industries Ltd. (LMIL), has achieved a significant milestone with his second consecutive appearance in Time Magazine.
1 min |
October 30, 2025
Business Standard
Upper-layer NBFCs should be allowed to accept deposits, say CEOs
India’s leading non-banking financial companies (NBFCs) have said that allowing well-governed, upper-layer NBFCs to accept public deposits would help diversify their funding base, and reduce dependence on banks at a time when regulatory oversight and funding constraints are tightening.
3 min |
October 30, 2025
Business Standard
'AI's RoI may be slow, but governance can't wait'
The return on investment (RoI) from technologies such as artificial intelligence (AI) will take time to materialise, and the immediate priority should be to increase spending on building governance frameworks around AI, top bank executives said at the Business Standard BFSI Insight Summit 2025.
2 min |
October 30, 2025
Business Standard
SFBs' MFI stress set to ease in 2-3 qtrs
The stress in the microfinance portfolios of small finance banks (SFBs) is likely to ease in the coming months, with the sector likely to be 'out of the woods' in the next two to three quarters, chiefs of two such lenders said on Wednesday.
2 min |
October 30, 2025
Business Standard
Akasa eyes IPO in 2-5 years
Akasa Air plans to launch its initial public offering (IPO) within the next two to five years, its Founder and Chief Executive Officer (CEO) Vinay Dube said on Wednesday, adding that the airline remains “well-capitalised at every step” to ensure flexibility and resilience as it expands operations.
1 min |
October 30, 2025
Business Standard
Govt mulling $12 bn plan to bail out power discoms
‘The government is considering a bailout plan of about $12 billion for debt-laden state-run power distribution companies.
1 min |
October 30, 2025
Business Standard
Manufacturing, the one cylinder that isn’t firing: NITI’s Bery
‘The Lewis model explains how economies grow through the migration of surplus labour from the agricultural sector to the industrial sector, where wages are higher and productivity greater.
1 min |
October 30, 2025
Business Standard
Nvidia becomes world’s first $5 trillion company on AI boom
Nvidia Corp achieved a historic $5 trillion market capitalisation on Wednesday as Chief Executive Officer Jensen Huang’s spree of deals catapults the artificial intelligence frenzy to new heights.
2 min |
October 30, 2025
Business Standard
Strong demand to rev up growth for auto component SMEs
The auto component industry's revenue is expected to increase 7-9 per cent in 2025-26 (FY26) driven by a slew of factors.
1 min |
October 30, 2025
Business Standard
Banks increasingly looking towards retail customers: Kamath
With technological and financial diversification reshaping Indian banking, K V Kamath, chairman and independent director, Jio Financial Services, talks to Tamal Bandopadhyay about the reduced dependence of companies on banks, and the need for lenders to reinvent themselves, focus on retail customers, and invest in the right technology.
5 min |
October 30, 2025
Business Standard
Centre brings draft rules to debar drugmakers who provide fake information
The Centre has come out with draft rules which seek to amend the Drugs Rules, 1945 to debar drugmakers who give misleading or fake information to the licensing authorities. Ithas invited suggestions and objections from stakeholders within 30 days.
1 min |
October 30, 2025
Business Standard
India, China hold military talks on eastern Ladakh
India and China held a fresh round of high-level military talks focusing on maintaining peace and security along the Line of Actual Control (LAC) in eastern Ladakh using existing mechanisms.
1 min |
October 30, 2025
Business Standard
Boeing takes near $5 billion hit on much-delayed 777X programme
Boeing pushed the first delivery of its long-delayed 777X jet programme out to 2027 and took a nearly $5 billion charge due to the delays, in another series of setbacks for the aerospace giant.
1 min |
October 30, 2025
Business Standard
Economists torn between rate cut and pause in next MPC
While participants in the domestic financial market are expecting a 25 basis-point policy repo rate cut in the December meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), economists remain torn between a reduction in rate cut and a pause.
3 min |
October 30, 2025
Business Standard
'Inflation-targeting worked, no major revamp required'
Almost a decade after India shifted to a formal inflation-targeting regime under the Monetary Policy Committee (MPC) framework of the Reserve Bank of India (RBI), a high-level panel of economists said that the flexible inflation targeting has largely worked in keeping it under control and no major revamp is required.
3 min |