o Why has India been accused of hosting a shadow fleet? | Explained By www.thehindu.com Published On :: Tue, 22 Oct 2024 08:30:00 +0530 What are Flags of Convenience? How do corporations with large fleets obscure ownership and origin of cargo? What are the different ways through which ships make sure they don’t lose their insurance? Full Article Industry
o CK Birla Group to sell Orient Cement to Adani Group at ₹8100 crore equity value By www.thehindu.com Published On :: Tue, 22 Oct 2024 10:36:12 +0530 The transaction is subject to regulatory approvals, including approval by Competition Commission of India and mandatory open offer under the relevant SEBI regulations Full Article Industry
o CCI publishes detailed order approving merger of RIL, Walt Disney's media assets By www.thehindu.com Published On :: Tue, 22 Oct 2024 21:21:08 +0530 As part of seeking the regulator’s approval, the parties have voluntarily agreed that they will not bundle TV ad slots for IPL, ICC and BCCI cricketing rights till the end of existing rights Full Article Industry
o BSNL on higher gear with seven new services, including spam blocking solution By www.thehindu.com Published On :: Tue, 22 Oct 2024 21:58:37 +0530 Sporting a brand new logo, BSNL also introduced low latency 5G connectivity for mining operations in partnership with the Centre for Development of Advanced Computing Full Article Industry
o Supreme Court to pronounce verdict in Byju’s case on October 23 By www.thehindu.com Published On :: Tue, 22 Oct 2024 22:25:04 +0530 During back-to-back hearing in the case, the apex court had questioned whether the BCCI could be allowed to strike a “personal agreement” with Byju’s promoter and “walk away” with its money. Full Article India
o Paytm gets NPCI nod to onboard new UPI users By www.thehindu.com Published On :: Wed, 23 Oct 2024 08:51:32 +0530 In a major action against Paytm Payments Bank (PPBL), the RBI had on January 31 directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments, as it cited persistent non-compliance and continued material supervisory concerns Full Article Industry
o Bajaj Finserv Q2 net profit grows 8% to ₹2,087 crore By www.thehindu.com Published On :: Wed, 23 Oct 2024 14:43:17 +0530 Consolidated total income of the company for the period grew 30% to ₹33,704 crore as compared with ₹26,023 crore a year ago Full Article Industry
o Zydus Lifesciences gets WHO prequalification for Typhoid Vi conjugate vaccine By www.thehindu.com Published On :: Wed, 23 Oct 2024 15:49:21 +0530 Zydus Lifesciences’ ZyVac TCV receives WHO prequalification, eligible for U.N. procurement, combating typhoid fever in high-risk regions Full Article Industry
o Capgemini announces leadership changes, Anirban Bose named CEO, Americas SBU By www.thehindu.com Published On :: Wed, 23 Oct 2024 15:53:05 +0530 Anirban Bose was head of Capgemini’s Financial Services Strategic Business Unit. Full Article Industry
o Piaggio makes special Diwali offer for Aprilia RS457 sports bike at ₹4.17 lakh By www.thehindu.com Published On :: Wed, 23 Oct 2024 16:05:20 +0530 The RS457 sports bike will be available at a special ex-showroom price. Full Article Industry
o Jaguar Land Rover opens Open Innovation Hub in India to accelerate electrification, AI and autonomous driving By www.thehindu.com Published On :: Wed, 23 Oct 2024 16:07:52 +0530 Jaguar Land Rover’s Open Innovation Hub will bring together industry, government, academia, and other parties Full Article Industry
o Are industrial strikes bad for business? Data from Tamil Nadu says otherwise By www.thehindu.com Published On :: Thu, 24 Oct 2024 07:00:00 +0530 In most industrialised States, strikes are fairly common, while the number of factories continues to remain high and keeps growing Full Article Data
o On Boeing 737’s ‘defective’ rudder system | Explained By www.thehindu.com Published On :: Thu, 24 Oct 2024 08:30:00 +0530 Why are certain variants of the Boeing 737 under the scanner? What did the investigation of the United States National Transportation Safety Board into the aircraft find? What is the function of a rudder rollout guidance actuator? Full Article Industry
o Disney Hotstar head Sajith Sivanandan quits after India merger with Reliance: Report By www.thehindu.com Published On :: Thu, 24 Oct 2024 12:47:01 +0530 The leadership has yet to decide if JioCinema will continue as a separate app, said two of the sources, who all spoke on condition of anonymity, as the discussions are private Full Article Industry
o Zomato, Swiggy hike platform fee in certain cities amid festive season By www.thehindu.com Published On :: Thu, 24 Oct 2024 14:45:38 +0530 Full Article Industry
o Ashok Leyland arm bags 500 e-buses order from Chennai MTC By www.thehindu.com Published On :: Thu, 24 Oct 2024 16:35:43 +0530 Ashok Leyland’s subsidiaries Switch Mobility will supply the buses while OHM will operate and maintain them. Full Article Business
o Cabinet approves ₹1,000-crore venture capital fund for space tech firms By www.thehindu.com Published On :: Thu, 24 Oct 2024 17:39:12 +0530 The fund will be professionally run and will select approximately 40 firms on the basis of commercialization potential, Union Minister Ashwini Vaishnaw said Full Article India
o Godrej Properties emerges as the highest bidder for luxury housing plot in Gurugram By www.thehindu.com Published On :: Fri, 25 Oct 2024 09:10:15 +0530 The housing plot, measuring 7.5 acres is located in the Golf Course Road micro-market and will offer a development potential of over 1.7 million square feet, comprising of luxury residential apartments of varied configurations Full Article Industry
o HAL appoints Barenya Senapati as Director Finance By www.thehindu.com Published On :: Fri, 25 Oct 2024 09:19:34 +0530 Barenya Senapati joined HAL in 1995 and has experience of 29 years in varied roles at Divisional level and at Corporate Finance. Full Article Business
o L&T bags 'significant' order for global nuclear fusion project By www.thehindu.com Published On :: Fri, 25 Oct 2024 13:53:48 +0530 The company classifies a 'significant order' as orders valued between ₹1,000 crore and ₹2,500 crore Full Article Industry
o Reliance to move Dubai crude team back to India in global trade rejig: Report By www.thehindu.com Published On :: Fri, 25 Oct 2024 16:13:25 +0530 The relocation of its crude trading team by the end of this year comes after the private refiner secured long-term oil supplies from Russia, reducing the need to buy spot cargoes Full Article Industry
o JSW Steel Q2 net profit falls more than 85% to ₹404 crore; output grows 7% to 6.77 MT By www.thehindu.com Published On :: Fri, 25 Oct 2024 17:17:42 +0530 “The total income decreased to ₹39,837 crore in the second quarter of the current fiscal as against ₹44,821 crore a year ago,” JSW Steel said in a regulatory filing Full Article Industry
o ICICI Bank Q2 profit rises 14.5% to ₹11,746 crore By www.thehindu.com Published On :: Sat, 26 Oct 2024 15:25:19 +0530 Full Article Industry
o Yes Bank standalone net profit doubles to ₹553 crore in Q2FY25 By www.thehindu.com Published On :: Sat, 26 Oct 2024 15:45:22 +0530 During the quarter, CRISIL and Care upgraded the bank’s Basel III Tier 2 infrastructure bonds rating to A+ from A, the company said in its statement. Full Article Industry
o Air India tweaks policy; ultra long haul flights’ cabin crew to get single rooms during layovers By www.thehindu.com Published On :: Sat, 26 Oct 2024 20:20:03 +0530 However, cabin crew members of ultra-long haul flights will get single rooms during layovers as well as during unscheduled layovers in the event of a flight diversion, as per the internal communication Full Article Industry
o Noel Tata: The successor the Tatas trust By www.thehindu.com Published On :: Sun, 27 Oct 2024 01:17:00 +0530 As the head of Tata Trusts, the largest shareholder of Tata Sons, the parent company of the salt-to-software conglomerate, his role would be crucial in shaping the family’s legacy in philanthropy and in the running of the Group Full Article Industry
o What is the flight protocol for a bomb threat? By www.thehindu.com Published On :: Sun, 27 Oct 2024 03:46:00 +0530 What has been the loss incurred by Indian aviation due to frequent security threats over the past few weeks? What are the Standards and Recommended Practices to tackle such situations? Who sets up and monitors aviation guidelines? Can existing laws be tweaked to hand out more stringent punishment to offenders? Full Article Industry
o Ericsson expects network densification to drive next phase of growth in India By www.thehindu.com Published On :: Sun, 27 Oct 2024 11:24:23 +0530 Ericsson anticipates growth in India driven by network densification to meet rising data consumption, focusing on 4G and 5G services Full Article Industry
o FSSAI is now more pro-active, industry-centred with fast responses: Nestle By www.thehindu.com Published On :: Sun, 27 Oct 2024 15:30:45 +0530 Narayanan also lauded the efforts of the different leadership of FSSAI in the last ten years at different stages for the setting of NABL-accreditated laboratories across the country Full Article India
o Raymond chairman Gautam Singhania blasts Lamborghini for not responding to customer complaints By www.thehindu.com Published On :: Mon, 28 Oct 2024 10:19:14 +0530 Mr. Singhania had earlier tweeted on X about his Lamborghini Revuelto getting stranded at Mumbai's trans-harbour link due to a complete electrical failure Full Article Industry
o Bvlgari starts digital boutique in India in tie up with Tata CLiQ Luxury By www.thehindu.com Published On :: Mon, 28 Oct 2024 13:29:15 +0530 The digital boutique will also house Bvlgari time-pieces including the Serpenti, the Octo Finissimo collection, as well as the Octo Roma. Full Article Business
o Ambuja Cements Q2 net profit falls 42% to ₹456 crore By www.thehindu.com Published On :: Mon, 28 Oct 2024 14:59:54 +0530 The company’s revenue from operations for the quarter ending September 30, 2024 grew marginally to ₹7,516 crore as compared with ₹7,424 crore in the same period last year Full Article Industry
o IOC Q2 net profit slumps 98% on fall in refining, fuel margin By www.thehindu.com Published On :: Mon, 28 Oct 2024 19:28:59 +0530 IOC and other state-owned fuel retailers — HPCL and BPCL — had last year made extraordinary gains from holding petrol and diesel prices despite a drop in cost. Full Article Industry
o India’s IT services market grew 6.1% in 2023, reaching a size of $14.5 bn: International Data Corporation By www.thehindu.com Published On :: Mon, 28 Oct 2024 22:32:07 +0530 While IT investments showed a slower recovery compared to the previous year, digital transformation (DX) initiatives and IT environments would continue to drive market growth Full Article Business
o IT Minister Nara Lokesh calls on Microsoft CEO Satya Nadella, other tech CEOs in U.S. By www.thehindu.com Published On :: Tue, 29 Oct 2024 13:19:34 +0530 IT Minister Nara Lokesh, during his interactions with tech CEOs in the U.S., projected the State Government’s vision of Andhra Pradesh becoming a technology hub Full Article Andhra Pradesh
o Maruti Suzuki Q2 net profit falls 17% to ₹3,069 crore By www.thehindu.com Published On :: Tue, 29 Oct 2024 16:23:44 +0530 Maruti Suzuki India Ltd. reports 17% drop in net profit due to tax changes, plans amalgamation with subsidiary Full Article Industry
o Sensex, Nifty rise on buying in bank stocks, positive global cues By www.thehindu.com Published On :: Tue, 29 Oct 2024 16:55:09 +0530 Equity indices Sensex and Nifty rise on fag-end buying, global market trends, and institutional investors’ support Full Article Industry
o Oil firms hike commission paid to dealers, no rise in fuel prices By www.thehindu.com Published On :: Wed, 30 Oct 2024 03:21:00 +0530 Petrol and diesel prices will come down in States such as Odisha, Chhattisgarh, and Himachal Pradesh due to a rationalisation of intra-state freight. Oil Minister Hardeep Singh Puri welcomes move. Full Article Industry
o Nara Lokesh meets Amazon Web Services MD Rachel Skaff and Indra Nooyi, among others, in Las Vegas By www.thehindu.com Published On :: Wed, 30 Oct 2024 12:14:10 +0530 Nara Lokesh seeks investments from Amazon Web Services and Salesforce for AI and technology development in Andhra Pradesh Full Article Andhra Pradesh
o U.S. faces shortage of IV fluids, India alerts domestic firms to chip in By www.thehindu.com Published On :: Wed, 30 Oct 2024 14:09:03 +0530 The drug exporters body of India has asked Indian drug makers who have approvalsz, to express their willingness to supply to the U.S., where Hurricane Helene has caused damage to a manufacturing facility Full Article Health
o Sugar sector demands hike in sale price and ethanol prices By www.thehindu.com Published On :: Wed, 30 Oct 2024 14:36:13 +0530 The Minimum Sale Price (MSP) of sugar should be increased to ₹39.14 a kg for the sugar season 2024-2025 from ₹31 a kg that was fixed in 2019 Full Article Industry
o Castrol India names Kedar Lele as its new MD By www.thehindu.com Published On :: Wed, 30 Oct 2024 14:58:45 +0530 Castrol India appoints Kedar Lele as new Managing Director, bringing vast experience from Hindustan Unilever to drive growth Full Article Industry
o Dabur Q2 profit down 17.6% to ₹417.5 cr impacted by inflation, squeeze in urban demand By www.thehindu.com Published On :: Wed, 30 Oct 2024 22:12:06 +0530 The company had posted a net profit of ₹507.04 crore in the July-September quarter a year ago, Dabur India said in a regulatory filing Full Article Industry
o Sensex, Nifty decline in early trade on unabated foreign fund outflows, selling in IT stocks By www.thehindu.com Published On :: Thu, 31 Oct 2024 10:34:03 +0530 The Sensex and Nifty fall due to IT stocks and foreign fund outflows; Larsen & Toubro gains, U.S. markets close negative Full Article Industry
o HDFC Bank unit HDB Financial Services files with SEBI for ₹12,500 crore IPO By www.thehindu.com Published On :: Thu, 31 Oct 2024 18:18:43 +0530 The Public Offer Includes a reservation of Equity Shares for subscription by Eligible Employees and a reservation Equity Shares of Face Value of ₹10 each for subscription by eligible HDFC Bank shareholders Full Article Industry
o Mahindra October auto sales up 20% YoY to 96,648 units; SUV sales up 25% By www.thehindu.com Published On :: Fri, 01 Nov 2024 10:42:07 +0530 Including exports, the total SUV sales were 55,571 units. The domestic sales for Commercial Vehicles stood at 28812 units Full Article Industry
o Royal Enfield October sales up 31% to 1,10,574 units By www.thehindu.com Published On :: Fri, 01 Nov 2024 11:32:36 +0530 The company exported 8,688 motorcycles during the month Full Article Industry
o High-value debt listed entities: SEBI proposes doubling threshold to ₹1,000 crore By www.thehindu.com Published On :: Fri, 01 Nov 2024 11:35:04 +0530 Further, SEBI has proposed tweaking framework for ESG Rating Providers, particularly for those using a subscriber-pays model Full Article Business
o Lower sales realisation hit margins of cement makers in Q2 By www.thehindu.com Published On :: Sun, 03 Nov 2024 12:49:41 +0530 Industry observers said the increase in sales volume of UltraTech and Ambuja Cements is mainly due to the several acquisitions by both companies that consolidated their position further in the industry Full Article Industry
o Government infuses ₹1,650 crore in Rashtriya Ispat Nigam Limited By www.thehindu.com Published On :: Sun, 03 Nov 2024 13:27:44 +0530 “SBICAPS, a wholly-owned subsidiary of the State Bank of India, is preparing a report on the sustainability of RINL,” a press note said Full Article Industry