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Business Standard

Thyssen JV in fray for building 6 conventional subs

The global tender for building six state-of-theart conventional submarines for the Indian Navy has boiled down to a contest between two joint ventures (JVs).

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1 min  |
July 13, 2024
THE REAL RAILWAY MEN
Business Standard

THE REAL RAILWAY MEN

As a debate rages on about the working conditions of railway loco drivers, here is a peek into their lives

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4 mins  |
July 13, 2024
Why Anxiety is the new villain
Business Standard

Why Anxiety is the new villain

Pixar Animation Studios is breathing a sigh of relief.

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3 mins  |
July 13, 2024
Low valuation and robust pipeline may fuel TCS rally
Business Standard

Low valuation and robust pipeline may fuel TCS rally

The shares of Tata Consultancy Services (TCS) zoomed over 6 per cent to ₹4,182 a piece on the BSE on Friday.

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3 mins  |
July 13, 2024
MFs bought over ₹46,000 crore HDFC Bank shares in H1CY24
Business Standard

MFs bought over ₹46,000 crore HDFC Bank shares in H1CY24

Mutual funds bought HDFC Bank shares worth over 46,100 crore in the first six months of 2024, reversing the sell-off trend in the last three months of 2023, according to data from Nuvama Alternative Quantitative Research.

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1 min  |
July 13, 2024
Business Standard

Rerating potential in Axis Bank stock

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts.

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2 mins  |
July 13, 2024
Business Standard

Quant MF gets new CFO, says move unrelated to Sebi probe

Quant Mutual Fund (MF) has informed investors that its Chief Financial Officer (CFO) Harshal Patel has resigned \"due to personal reasons\".

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1 min  |
July 13, 2024
Business Standard

Domestic MFs increase stake in Paytm, firm's FDI dips by 2%

One97 Communications, the company that operates Paytm, has recorded an increase in the shareholding of domestic investors, including mutual funds and retail shareholders, during the first quarter of financial year 202425 (Q1 FY25).

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1 min  |
July 13, 2024
Business Standard

Top 25 global banks' mcap at $4.1trn in Q1

The combined market capitalisation (mcap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (Q-oQ) during April-June 2024 (Q1 FY25) at $4.11 trillion, driven by favourable global economic signals, suggests a recent note by GlobalData, a Londonbased data analytics firm.

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2 mins  |
July 13, 2024
Finfluencers feel the heat as Sebi crackdown looms
Business Standard

Finfluencers feel the heat as Sebi crackdown looms

Regulator shoots warning letters to 20 unauthorised investment advisors in 2 mths

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2 mins  |
July 13, 2024
Business Standard

Change of guard

If Gautam Gambhir, the newly appointed coach of the Indian cricket team, sets his mind to it, he could be the frontrunner to become the next Rakesh Jhunjhunwala.

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3 mins  |
July 13, 2024
Where play meets politics
Business Standard

Where play meets politics

Every four years when the Olympics come around, the world's politicians mouth absurdities about how \"sports and politics should not mix\".

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3 mins  |
July 13, 2024
An unfair landslide?
Business Standard

An unfair landslide?

The past fortnight has shown us that our electoral system can appear fundamentally unfair.

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3 mins  |
July 13, 2024
Are Americans ready for the US-China trade war?
Business Standard

Are Americans ready for the US-China trade war?

It is hard to think of an issue that brings together the United States' deeply divided political class more than the need to contain China's growing influence, whether through trade restrictions, tariffs on Chinese electric vehicles (EVs), or banning TikTok.

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3 mins  |
July 13, 2024
Modi & jai jawan, jai kisan' trap
Business Standard

Modi & jai jawan, jai kisan' trap

Modi govt will need to address massive challenges without the total power it got used to, in the face of relentless electoral challenges, one after another

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5 mins  |
July 13, 2024
Business Standard

Unilever to cut one-third staff in Europe by 2025 FMCG firm to slash 7 500 jobs globally

Unilever is cutting a third of its office staff in Europe, as the consumer goods group pushes ahead with plans to slash 7,500 jobs worldwide.

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1 min  |
July 13, 2024
Biden unshaken despite Nato stage gaffes
Business Standard

Biden unshaken despite Nato stage gaffes

US Prez now faces more calls from Democrats to quit

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2 mins  |
July 13, 2024
Saudi ramps up purchase of dirtiest oil amid heatwave
Business Standard

Saudi ramps up purchase of dirtiest oil amid heatwave

Saudi Arabia boosted imports of the dirtiest type of oil to the highest in more than three years to help meet power demand during the scorching summer.

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2 mins  |
July 13, 2024
Business Standard

X's blue checks deceptive, transparency falls short: EU

Elon Musk's social media platform X has been hit with a warning from the European Union for deceiving users into engaging with potentially harmful content, in the latest show of force by Brussels against Big Tech's practices.

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1 min  |
July 13, 2024
Business Standard

Mixed results as top banks kick off earnings season

JPMorgan reported record profit as investment bankers and equities traders at the biggest US bank beat expectations and the firm took a multibillion-dollar gain tied to a Visa share exchange.

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1 min  |
July 13, 2024
Japan's Navy chief sacked, 200 officials punished over scandals
Business Standard

Japan's Navy chief sacked, 200 officials punished over scandals

Japan replaced the head of its navy and punished more than 200 defence officials after a string of scandals that include mishandling of classified information and overclaiming on pay.

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1 min  |
July 13, 2024
Kejriwal gets interim bail from SC, but to remain in jail in CBI case
Business Standard

Kejriwal gets interim bail from SC, but to remain in jail in CBI case

Top court says 'power to arrest under PMLA can't be exercised as per whims of ED'

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2 mins  |
July 13, 2024
Vizhinjam port to see up to ₹20K crore investment
Business Standard

Vizhinjam port to see up to ₹20K crore investment

Adani Ports to put in ₹10K cr, may complete Phase-I in Sep, all phases by 2028

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2 mins  |
July 13, 2024
Govt to observe June 25 as 'Samvidhaan Hatya Diwas'
Business Standard

Govt to observe June 25 as 'Samvidhaan Hatya Diwas'

Congress hits back, says June 4 will go down as 'Modi Mukti Diwas'

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1 min  |
July 13, 2024
Govt plans 30 Gw solar power in FY25-end
Business Standard

Govt plans 30 Gw solar power in FY25-end

The Rajasthan government aims to produce 30 gigawatt (Gw) of solar power by the end of FY25 to become self-reliant in the power and energy sector, an official said.

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1 min  |
July 13, 2024
India can be 2nd largest economy by 2031: Patra
Business Standard

India can be 2nd largest economy by 2031: Patra

It is conceivable that India can become the world's secondlargest economy by 2031 and the largest economy by 2060, given the country's inherent strengths, said Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra.

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1 min  |
July 13, 2024
Coal India to ease e-auction norms
Business Standard

Coal India to ease e-auction norms

Maharatna coal behemoth Coal India Limited (CIL) on Friday said it has taken steps to ease e-auction norms like lowering the earnest money and enhancing the quantity of the dry fuel on offer.

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1 min  |
July 13, 2024
Credit card spending surges despite rise in risk weights, says Visa
Business Standard

Credit card spending surges despite rise in risk weights, says Visa

The Reserve Bank of India's (RBI) push back against exuberance in unsecured loans has not had much impact on the credit card spends, repayment behaviour of customers, said Sandeep Ghosh, Group Country Manager, India and South Asia, Visa.

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1 min  |
July 13, 2024
Kerala retains top ranking in NITI's SDG index; Bihar worst performer
Business Standard

Kerala retains top ranking in NITI's SDG index; Bihar worst performer

NITI CEO says targeted intervention by govt has helped achieve improvements across 16 goals

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2 mins  |
July 13, 2024
Major credit card issuers go live on BBPS platform
Business Standard

Major credit card issuers go live on BBPS platform

Issuers live on the platform cater to 80-85% customers

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1 min  |
July 13, 2024

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