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April 15, 2024

Tata Electronics steps up hiring at Hosur iPhone hub

Tata Electronics, which is expanding its iPhone assembly hub at Koothanapalli in Tamil Nadu's Hosur, is set to increase its employee strength by 175 per cent to 55,000 from 20,000 now, two sources said.

1 min

Stock prices-corporate earnings gap climbs to highest since 1990

As the Indian equity markets scale a new high, the gap between stock prices and the underlying corporate earnings has widened to its highest level in more than 30 years.

2 mins

BJP MANIFESTO LISTS 24 MODI GUARANTEES Will work 24x7 for 2047, says PM

Launching the Bharatiya Janata Party (BJP)'s election manifesto on a day that the shadow of conflict threatened to spread further across West Asia, Prime Minister Narendra Modi said a \"strong government with a full majority was necessary\" in the prevailing uncertain international environment.

1 min

iPhone exports under PLI double to $10 bn in a year

Exports expected to cross 80% of its production

2 mins

PS5s to gold coins: Blinkit's big-ticket profitability play

Gurugram-based gamer Aryan Singh could hardly believe it when his coveted Sony PlayStation 5 (PS5) arrived within just 15 minutes of ordering, along with his groceries.

3 mins

World on the edge after Iran launches attacks on Israel

A direct fight could hit global economy, send fuel prices into tailspin

2 mins

DoT may seek Trai view on satcom spectrum

Likely to approach on method, pricing for allocation of spectrum and scope of licences to be issued

1 min

Edelweiss AIF to deploy ₹6,500 cr on road, energy

Edelweiss Alternative Investment Fund (AIF) will deploy ₹6,500 crore over two years to acquire operating projects in two segments roads and energy before it begins to monetise its portfolio through sale to Infrastructure Investment Trusts (InVITs).

1 min

Carlyle picks i-banks to help arrange Hexaware IPO

Carlyle Group Inc. has selected JPMorgan Chase & Co and Kotak Mahindra Bank to help arrange Hexaware Technologies Ltd's planned initial public offering in Mumbai this year, according to people familiar with the matter.

1 min

FY25 hiring to be better than FY24: TCS' Lakkad

Says firm has begun FY25 campus hiring, given offer letters to 11,000 freshers

2 mins

TRUCK FREIGHT RATES IN BENGALURU, CHENNAI INCREASED IN MARCH

The cost of transporting goods by trucks in Bengaluru and Chennai saw an uptick in March.

1 min

Auto sector may hit top gear on volume and price uptick

Commodity price deflation may also help revenue rise up to 15 percent

3 mins

Q4 signals strong foundations for realty despite presales dip

Leading real estate companies are expected to report a 9-19.2 per cent growth in revenue for the fourth quarter ended March, driven by continued demand and timely completion of projects.

2 mins

Solar to nuclear, a promise of energy security

The BJP will push a variety of programmes to ensure energy Centre.

1 min

Shipping reforms for faster growth find a mention

A head of the Lok Sabha elections, the ruling Bharatiya Janata Party (BJP) has promised to encourage the growth of Indian maritime sector through legislative changes, according to its election manifesto released on Sunday.

1 min

Realty gets a pledge of 30 mn homes, reinforced Rera

The Bharatiya Janata Party (BJP) The owed to build 30 million new houses and strengthen the Real Estate (Regulation and Development) Act, 2016 (Rera) in its 2024 Lok Sabha election manifesto.

2 mins

No compromise on fiscal prudence

The Bharatiya Janata Party (BJP), Tin its manifesto released on Sunday, said it would continue on the path of fiscal prudence and stay committed to expanding India's economic strength after forming the government at the Centre following the Lok Sabha elections.

1 min

Making India a major product nation, more jobs top list of vows

The Bharatiya Janata Party (BJP) has pledged to transform India into a global manufacturing hub and boost employment in crucial sectors such as electronics, defence, mobile, and automotive.

2 mins

Vande Metro to bullet corridors, BJP to go full throttle on infra

The ruling Bharatiya Janata ised a slew of infrastructure initiatives, many already in the works, in its manifesto for the upcoming Lok Sabha elections as part of the government's plan to expand and modernise the country's road and railway network.

1 min

e-Shram may open door to govt benefits for workers

The Bharatiya Janata Party (BJP) led central government will use the unorganised workers database - e-Shram portal to provide the benefits of various government programmes to the nearly 300 million workers over the next five years, if it is voted to power for the third consecutive term in the upcoming general elections.

1 min

Modi promises 30 mn 'Lakhpati Didis', higher MSP

The Bharatiya Janata Party (BJP) on Sunday pledged make 30 million 'Lakhpati Didis', up from the 10 million rural women who have already achieved the feat.

1 min

Kaswan switch hots up politics in Rajasthan's Churu

Prime Minister Narendra Modi urged the people of Rajasthan's Churu Lok Sabha constituency on April 5 to vote for \"Narendra's Devendra\".

1 min

Doubling Mudra loan limit to ₹20 lakh among promises

The Bharatiya Janata Party (BJP) on Sunday promised to double the Mudra loan ceiling to 20 lakh, further expand the coverage of PM-SVANidhi to villages and reduce the compliance burden on micro, small & medium enterprises (MSMEs).

1 min

Ageing India gets Ayushman Bharat cover guarantee for senior citizens above 70

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PMJAY), the flagship health care insurance scheme of the Bharatiya Janata Party-led central government (launched in September 2018) is likely to see an expansion in scope, covering all citizens above the age of 70 and the transgender community if the party returns to power this year.

2 mins

Sankalp Patra gives NRC a miss, sticks to UCC stand

In its 2024 manifesto, the Bharatiya Janata Party (BJP) has repeated its promise of implementing the Citizenship Amendment Act (CAA) and reiterated its stand to draw a Uniform Civil Code (UCC), but has skipped the contentious issue of National Register of Citizens (NRC).

3 mins

Oil's slippery grip: Iran-Israel flare-up tests India's dependency

India's dependency on volatile foreign oil and natural gas markets will be missiles and drones on Israeli territory on Saturday and captured an Israel-owned tanker, helmed by Indian sailors, in the latest flare-up of tensions in West Asia.

3 mins

ETCD directives don't go well with RBI's stellar reputation

The recent decisions of the Reserve Bank of India (RBI) to not allow from April 5 transactions in exchange traded currency derivatives (ETCD) without underlying exposure to currency fluctuation risks and then allowing such trading till May 3, through a press note released after closing hours on April 4, have taken professionals familiar with foreign exchange markets by surprise.

2 mins

G-sec yields may stabilise: Dealers

Government bond (G-sec) yields are expected to stabilise after a surge in the previous week on the back of institutional demand at technical levels, dealers said.

1 min

Bitcoin halving will deal a $10bn blow to crypto miners

For enthusiasts of Bitcoin, a onceevery-four-years software update called the \"halving\" has long been held as one of the keys to propping up its value.

2 mins

Markets weigh risk of retaliation-cycle

Financial markets will face the new week fretting about geopolitics with much riding on whether Iran's unprecedented weekend strike on Israel triggers rounds of retaliation.

1 min

Campaign not over yet: Israel after Iran attack

‘MUCH LARGER RESPONSE\" IF ANY RETALIATION, WARNS TEHRAN

1 min

THE FALLOUT: ALL SIDES SCOREGAINS

The unprecedented attack by Iran on Israel early Sunday ratcheted up regional tensions, confirming long-held fears about the Israel-Hamas war spiraling into a broader conflagration.

2 mins

Buffering... Near-term growth snags could keep TCS in a bind

Yet, positioned for revenue growth with recent strong deals, driven by a strengthening US economy

3 mins

Dynamic allocation: The rocket fuel for outpacing peers

ICICI Prudential Large & Mid Cap Fund, launched in July 1998, has featured in the top 30 percentile of the large and midcap fund category of the CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters through December 2023.

1 min

Terms of contract override sales pitch

Rajesh Monga wanted a home loan and was considering the various options available.

2 mins

Unhappy with your non-linked policy? Consider early surrender

But if you have held it for long, run the numbers; continuing may be prudent

4 mins

LEFT, RIGHT & CENTRE IN AI ELECTION MODE

Tech helps parties in campaigning but its impact on voters is yet to be proven, report ANUSHKA BHARDWAJ & ASHUTOSH MISHRA

3 mins

The ABC of making all education info digital

It is common to see interview candidates nervously carrying folders containing their education certificates.

2 mins

Home loans: To top up or not to top up?

The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar. Rightly so

5 mins

CREDIT AND STICK: NEW RESOLUTIONS

The IBC has created a new bankruptcy resolution regime, making it more creditor-driven. It has also become a 'stick' for defaulting promoters. Now, can it address delays?

4 mins

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