CATEGORIES

Startup capital goes to polls with eye on refresh button
Business Standard

Startup capital goes to polls with eye on refresh button

Located in a corner of the Indian Institute of Science's (IISc's) verdant campus in Bengaluru is the Foundation for Science Innovation and Development (FSID).

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2 mins  |
April 26, 2024
Chasing water dreams in Rajasthan hamlets
Business Standard

Chasing water dreams in Rajasthan hamlets

In the unforgiving desert sun, a small group gathers under the scant shade of a lone Neem tree. Their eyes are fixed on a drilling machine boring through the arid land, a beacon of hope in the harsh landscape. This site, a stone's throw from the bustling four-lane NH 25 that links Barmer, Jodhpur, and Beawar, symbolises a century-long struggle for water in the expanse of Thar, in Rajasthan.

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3 mins  |
April 26, 2024
Business Standard

PM: Rajiv abolished inheritance tax to save family wealth

Says Congress wanted to bring back estate duty; latter calls claims 'lies'

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1 min  |
April 26, 2024
Business Standard

LDF looks to disrupt clash of the titans

With BJP fielding Union minister Rajeev Chandrasekhar against Congress' Shashi Tharoor, Thiruvananthapuram has become one of the most talked about seats not just in Kerala, but also in rest of the country.

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1 min  |
April 26, 2024
EC sends notice to BJP, Congress presidents
Business Standard

EC sends notice to BJP, Congress presidents

HATE SPEECH COMPLAINTS AGAINST PM, RAHUL & KHARGE

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2 mins  |
April 26, 2024
Share of unspent funds under MPLAD doubled during 17th Lok Sabha
Business Standard

Share of unspent funds under MPLAD doubled during 17th Lok Sabha

Members of Parliament (MPs) elected to the Lok Sabha in 2019 have not utilised funds allocated to them by the government under the Members of Parliament Local Area Development (MPLAD) scheme as effectively as their predecessors.

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2 mins  |
April 26, 2024
Business Standard

BJP breakthrough vs CPI(M) national status

As Kerala heads to the polls on Friday, two primary questions come to the forefront: first, will the Bharatiya Janata Party (BJP) be able to win its first seat in the southern state? And second, will Kerala help the Communist Party of India (Marxist), or CPI(M), hold on to its 'national party' status?

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2 mins  |
April 26, 2024
Business Standard

Nestlé India profit soars 27% to ₹934 cr

Packaged food major Nestlé India reported a 26.8 per cent increase in net profit to ₹934 crore in the quarter ended March 31, 2024, surpassing analyst estimates.

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2 mins  |
April 26, 2024
AI could replace need for call centres: TCS CEO Krithivasan
Business Standard

AI could replace need for call centres: TCS CEO Krithivasan

Artificial intelligence (AI) advancements will lead to a significant reduction in the need for call centres within a year, KKrithivasan, managing director and chief executive officer, Tata Consultancy Services (TCS), told the Financial Times (FT) newspaper.

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1 min  |
April 26, 2024
Business Standard

Happiest Minds to buy PureSoftware for $94.5 million

Leading IT company Happiest Minds Technologies said on Thursday it had signed a definitive agreement to acquire the Noida-based PureSoftware Technologies for a total purchase consideration of $94.5 million (about ₹779 crore).

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1 min  |
April 26, 2024
Weak communications show dials down TechM revenue
Business Standard

Weak communications show dials down TechM revenue

IT services company Tech Mahindra on Thursday reported a net profit of ₹661 crore for the fourth quarter ended March 2024, a 41 per cent year-on-year fall from a year ago due to one-time expenses.

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2 mins  |
April 26, 2024
Vedanta net slips 27% on Tuticorin impact
Business Standard

Vedanta net slips 27% on Tuticorin impact

DEMERGER OF BIZ ON TRACK FOR COMPLETION IN CY24. EXECUTIVES EXPECT STEEL ASSET DIVESTMENT BY SEP.

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1 min  |
April 26, 2024
Business Standard

World Bank teams up with Meity for state DPI adoption index

The World Bank, along with the Ministry of Electronics & Information Technology (Meity), is working on developing a state-level digital public infrastructure (DPI) adoption index that will help boost the digital economy and support financial inclusion.

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1 min  |
April 26, 2024
Swiggy gets one step closer to $1.25 bn IPO
Business Standard

Swiggy gets one step closer to $1.25 bn IPO

Shareholders' nod to raise $450 mn via fresh issue, $800 mn via OFS

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3 mins  |
April 26, 2024
Cyber fraud up, suspect bank accounts may face curbs
Business Standard

Cyber fraud up, suspect bank accounts may face curbs

The Reserve Bank of India (RBI) plans to soon change guidelines to permit banks to temporarily freeze accounts suspected of being used to commit cyber crimes, as it battles a rising wave of online crime, three sources told Reuters.

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1 min  |
April 26, 2024
IndiGo places $5 bn order for 30 A350 widebody planes
Business Standard

IndiGo places $5 bn order for 30 A350 widebody planes

To mark foray into long-haul routes, taking the fight to A-I

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3 mins  |
April 26, 2024
Birla says Vi to make 'smart turnaround'
Business Standard

Birla says Vi to make 'smart turnaround'

INDIA'S BIGGEST FPO IN THE BAG

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2 mins  |
April 26, 2024
Business Standard

FY24 credit card spends rose 27%

Increased to ₹18.26 trillion from nearly ₹14 trillion a year ago

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1 min  |
April 25, 2024
Business Standard

DCB Bank Q4 profit rises 9%

Private lender DCB Bank's net profit rose by 9 per cent year-on-year (Y-o-Y) to 156 crore for the quarter ended March (Q4FY24) on the back of a modest rise in net interest income (NII) and a decline in provisions.

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1 min  |
April 25, 2024
Axis Bank back in black with ₹7,129 cr Q4 profit
Business Standard

Axis Bank back in black with ₹7,129 cr Q4 profit

NII grew 11% to ₹13,089 cr, while fee income grew by 23% to ₹5,637 cr

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1 min  |
April 25, 2024
Business Standard

Growth businesses hold the key for Tata Consumer

Tata Consumer Products reported Q4 results which were more or less in line with analyst consensus but disappointed the market.

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2 mins  |
April 25, 2024
Financialisation of savings drives up demat a/cs in Ladakh
Business Standard

Financialisation of savings drives up demat a/cs in Ladakh

Mizoram & Lakshadweep also see spike in demat account registrations

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2 mins  |
April 25, 2024
Business Standard

KRAS: Over 73% of KYC records are validated

Know-your-customer (KYC) registration agencies said on Wednesday that 73 per cent of the 108.3 million KYC records were validated as of March 31, 2024, and that the system was in place for the rest of the investors to validate their KYC.

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1 min  |
April 25, 2024
Business Standard

Proxy advisory firms give TaMo DVR conversion plan the thumbs up

Move, they say, will simplify capital structure and eliminate price discount

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2 mins  |
April 25, 2024
Business Standard

Call for caution on micro, small, midcap stocks amid sharp run-up

Shares of smallcap companies continued their upward march from the March 2024 lows, with the S&P BSE Smallcap index hitting a new high of ₹46,958.21 on Wednesday in intraday trade.

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2 mins  |
April 25, 2024
Calcutta HC's SSC order heats up the election classroom
Business Standard

Calcutta HC's SSC order heats up the election classroom

Political analysts believe cancelling of 25,753 appointments will have serious ramifications

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2 mins  |
April 25, 2024
Wanted: An executive to repair Boeing
Business Standard

Wanted: An executive to repair Boeing

When Boeing named Stephanie Pope to the new position of chief operating officer in December, the move was widely viewed as a sign that she might succeed the company's chief executive, Dave Calhoun, in the next few years.

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2 mins  |
April 25, 2024
US clears much-awaited $95 bn aid
Business Standard

US clears much-awaited $95 bn aid

Biden signs the Bill into law after US Senate's nod; says 'it's a great day for world peace'

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2 mins  |
April 25, 2024
Business Standard

'Need little bit more of that in US': Dimon is all praise for Modi

Jamie Dimon, the chief executive of US banking giant JPMorgan Chase, has praised Prime Minister Narendra Modi and berated the \"liberal press\" for criticising him.

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1 min  |
April 25, 2024
Business Standard

TikTok's time running out in US

Senate passes Bill forcing parent company to sell or face ban

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1 min  |
April 25, 2024