Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
The world needs to wake up to this new dimension of war at sea and be prepared to face the 'unknown enemy' who have the advantage of attacking at their choice of location and time, cautions Commodore Venugopal Menon (retd).
Kiran More has tested negative thrice in RT-PCR tests after completing his isolation.
With an aim to provide a safe training environment for the Olympic-bound players, Hockey India has devised a detailed Standard Operating Procedure in the wake of the COVID-19 pandemic.
Based on discussions with stakeholders, the ministry is proposing to allocate Rs 26,400 crore for FAME-III subsidy alone with electric two wheelers getting around Rs 8,158 crore, electric buses Rs 9,600 crore and electric three-wheelers Rs 4,100 crore, according to sources in the know. Along with some other components like setting up an innovation fund and money for testing , the total allocation could cross Rs 33,000 crore, estimates suggest.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
'We added a significant number of freshers in Q1. You will see a good number of hiring in Q2 as well.'
The Maharashtra cabinet on Thursday decided to reopen schools for students of Classes 1 to 4 in rural areas and Classes 1 to 7 in urban areas from December 1.
'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'
When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost
'In India, managers and the leadership almost glorify overworking.'
With farm Acts out of the picture, the government may look at reforming the input side of the agriculture sector - regulations and rules that govern seeds, fertilisers and plant chemicals. Sources said such a blueprint, which is aimed at making the life of farmers easier, with quicker approvals but not compromising on quality, is in the works as part of the 100-day agenda of Modi 3.0. Also, ways to administer fertiliser subsidy more effectively and cutting down on leakages and diversions to build on the success of neem-coated urea are being thought of.
After three cheetahs died in just over a month last year in Madhya Pradesh's Kuno National Park, the National Tiger Conservation Authority in May 2023 called in experts from Reliance's wildlife facility in Gujarat to review health monitoring protocols, official records show.
'Corporations that were recruiting 15 or 20 [students] have reduced the number to two or three.'
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Stalling the introduction of better emission standards is based on specious logic, especially in a country that has 13 of the world's most polluted cities.
Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.
Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.
The notification issued by the Union Environment Ministry also exempts projects pertaining to the expansion of terminal buildings at airports (without an increase in the existing area of the airport) from seeking green nod.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
'India's emergence as a top crypto market comes despite a regulatory and tax environment that can be challenging for the industry to navigate.'
This is the highest number of tiger deaths in three years.
With raw material prices rising sequentially in Q4 FY23, margins of fast moving electrical goods (FMEG) companies could witness pressure as they refrain from hiking prices and demand remains soft. Transition to a new regulatory regime-fans moved to new BEE standards from January 1-poses additional risk for firms. Business depends on volume trends in summer for key sub-segments, which account for a significant chunk of the sector's overall sales pie.
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
The Indian Army said the exercise Vajra Prahar was "significant" in terms of security challenges faced by both nations in the backdrop of the current global situation.
The Union finance ministry will meet CEOs of public sector banks to discuss issues related to cybersecurity in the wake of the Rs 820 crore (Rs 8.2 billion) fraud that hit Kolkata-based UCO Bank last month.
Sports Minister Kiren Rijiju on Tuesday said a team has been formed to draw up a post-lockdown Standard Operating Procedure (SOP) to be followed by athletes, coaches and other staff during outdoor training that will resume in a "planned manner". He assured the athletes that their training will resume soon but given the risks the coronavirus pandemic poses, the process will involve consultations with home and health ministries.
Tata Group-owned AirAsia India, which is in the process of being merged with Air India Express, has taken short-term loans worth Rs 630 crore during the last six months to deal with cash crunch. AirAsia India has been making losses since its first commercial flight on June 12, 2014. Its net loss increased by 42 per cent to Rs 2,178 crore in FY22.
The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he said.
Pakistan has rejected India's action over the March 9 accidental firing of a supersonic BrahMos missile that landed in its territory as "totally unsatisfactory, deficient and inadequate" and reiterated its demand for a joint probe into the incident.
Asserting that central government employees may have to work with staggered attendance and variable working hours, the personnel ministry has come out with a draft framework for 'work for home' for the staff post-lockdown. The department of personnel and training may provide options for work from home to the eligible officers/staff for 15 days in a year as a matter of policy, it said.
Apart from navigating the bank through the Covid crisis, Jagdishan may also have to deal with the latest development on the auto loan lending practice scam. He will be expected to deliver consistent profit growth of 20 per cent-plus quarter after quarter, irrespective of the operating environment.
Shoaib Malik has been stuck in Pakistan while his wife, tennis player Sania Mirza, and one-year-old son Izhaan, have been in India due to the ban on international travel due to the pandemic.
The Indian Premier League's Governing Council is likely to meet on August 2 to give a final shape to the schedule and discuss other arrangements for the T20 league to be held in the UAE this year. The 13th edition of IPL, forced out of the country due to the COVID-19 pandemic, will be held in the United Arab Emirates from September 19 to November 8.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
The Delhi Pollution Control Committee (DPCC) also issued guidelines for implementation of the ban on firecrackers, which included directions to the Delhi Police to register a first information report against the violators of the ban.
