'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'

The Supreme Court on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra set aside the National Company Law Appellate Tribunal (NCLAT) decision upholding the resolution plan of Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC).

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.

Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.

Whenever tenures of army chiefs were extended in the recent past, prime ministers were subsequently eased out of office by the same army chief, notes Rana Banerji, who headed the Pakistan desk at RA&W.

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.

It pays to listen to your heart while making a career choice, feels CEO of ‘I Love Mondays’ Mala Mary Martina

Rejected by cabbies and out of ‘legal’ cash, LOCAL TEA PARTY faces life without 500- and 1000-rupee notes

Hillary comes across as someone playing by men’s locker-room rules.

That is why Odissi has survived for centuries, says Arushi Mudgal to PARSHATHY J. NATH

Clothing, pickles, packaging... the city has a thriving organic ecosystem, writes RANJANI RAJENDRA

From serving traditional meals in car parks to packaging coffee decoction, the city’s wedding caterers are finding innovative ways to power through the COVID-19 crisis

Youth Volunteers are helping handholding COVID-19 affected migrant families to boost the emotional wellness of their children

Haldi, mehendi and sangeet have been enthusiastically borrowed by young couples to add colour, music and fun to the relatively simple Malayali wedding

This Endemic Bird Day (May 13), look out for birds that are local to your region, and document them to participate in a nation-wide birding event. City birders share their plans for the day

On this World Environment Day, a look at the boom in biodegradable cutlery and crockery made from agricultural residue

The swamiji conducts online classes on Vedanta and delivers lectures

U Valli, a senior fisherwoman from Kasimedu, makes meen kozhambu and the elaborate thithippu that is specific to fisher families

'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.'

Breaking was dropped from the Olympic programme for the 2028 Games in Los Angeles. Gunn said she would not consider coming out of retirement if the dance-sport returned to the Games.

Bayern Munich earned a nervous 1-0 win at St Pauli thanks to a sensational 28-metre drive from Jamal Musiala to stay unbeaten.

IMAGES from the EPL matches played on Saturday.

Miami were overwhelming favourites to win it all after producing a league record 74 points in the regular season but could not keep the momentum after Matias Rojas' close-range goal in the 17th minute and Messi's score in the 65th minute.

Amit Verma, a national level shot-put player, was found dead in his apartment in Madhya Pradesh capital Bhopal on Sunday, an official said.

Patna Pirates returned to winning ways with an all-round performance as they secured an impressive 40-27 win over Gujarat Giants in the Pro Kabaddi League in Noida on Monday.

With global funds ramping up their focus on SEA, the scope for secondary deals go up in the region, said Lee Chong Min.

The post If IPOs are the only exit route in SEA, there’s a problem, says CMIA managing partner appeared first on DealStreetAsia.

Fajrin said 'unsubsidised' transactions for Bukalapak account for over half of its total sales.

The post Industry needs more than vanity metrics, says Bukalapak’s Fajrin appeared first on DealStreetAsia.

If on a risk-adjusted basis, I think it's a good time to get out, then I will get out, he says.

The post Always open to exit OVO at the right valuation: Lippo Group’s John Riady appeared first on DealStreetAsia.

Ninja Van's country head Eric Saputra talks about the challenges and opportunities of operating in Indonesia.

The post Ninja Van sets its sights on Indonesia’s mom-and-pop e-commerce plays appeared first on DealStreetAsia.