Micron plans an assembly testing, marking and packaging project of $1 billion, and talks are on to set up a memory chip plant for captive requirements.
Pitching for increased foreign investment for a growth of 9 to 10 per cent, Prime Minister Manmohan Singh on Monday said India will have to pay more attention to the Asia-Pacific region but asserted that the country's "strategic autonomy" would not be compromised.
Global tech major IBM, which employs over a lakh individuals in India, on Wednesday termed moonlighting an unethical practice. Moonlighting, the practice of taking up secondary jobs after the regular work hours, has been highlighted by many tech companies of late. IBM's managing director for India and South Asia, Sandip Patel said, at the time of joining, the company's employees sign an agreement saying they will be working only for IBM.
The P-75 index, a subset of BSE 500 stocks, has severely underperformed the broader market across time horizons
Bharatiya Janata Party on Friday launched a scathing attack on Janata Dal-United leader Nitish Kumar, accusing him of breaking ties with it to pursue his 'personal ambition' of becoming prime minister even as it asserted that its 'Vijay Rath' would roll in Bihar when Assembly polls are held there later this year.
The Tamil Nadu assembly on Monday adopted a resolution to urge the Centre and the President to fix a timeframe for state governors to approve bills adopted by the respective houses.
The Tata group-owned Air India will induct over 90 aircraft in two years as it looks to widen its footprint and grab a larger market share. The plan includes 56 planes from the mega aircraft order that the airline has now finalised with Airbus and Boeing. These will be in addition to previously announced leases of 36 planes that include Airbus A320Neo, A321Neo, and Boeing 777 aircraft.
In a boost to the embattled Adani Group, Mauritian Financial Services Minister Mahen Kumar Seeruttun has told the nation's Parliament that Hindenburg Research's allegations of the presence of 'shell' companies in the Island nation are 'false and baseless' and that Mauritius was in compliance with OECD-mandated tax rules. US short seller Hindenburg on January 24 alleged that billionaire Gautam Adani used shell companies based in Mauritius to manipulate stock prices of his Indian-listed companies.
The sentiment around Indian equities remains positive and unchanged.
'It is requested that listed equity shares or units of equity-oriented fund schemes be exempted from capital gains tax (LTCG) if equity shares or mutual funds units are held for at least three years.'
The Union Ministry of Home Affairs conveyed to Delhi's Lt Governor's office granting of sanction to prosecute Sisodia under Section 17 of the Prevention of Corruption Act, 1988 (powers to police for investigating a public servant).
India has a huge untapped population which doesn't have facilities for financial aid and insurance, and it is perhaps plausible to look at the option of having niche players catering to smaller sectors akin to non-banks and microfinance institutions in lending, said Rakesh Joshi, member (Finance & Investment), Insurance Regulatory and Development Authority of India (Irdai). Speaking at the Business Standard BFSI Insight Summit, Joshi said, "Today, most of our insurance companies operate at a national level. There is arguably a case for having differentiated operations, which cater to niche sectors the same way we have non-banking financial companies (NBFC) and microfinance institutions in lending." "The capital requirement for niche players may not be as large as those having national ambitions. "Enabling these niche players, which require lower capital, will enhance the penetration in areas which hitherto had not seen traction from large players," he said.
'Cummins is not surprised at how fast the landscape is changing and told Fox Sports: " ... there's going to be other opportunities that are going to be really hard for players to say no to, different franchises around the world. I think realistically we've got to manage players a bit differently to what we have in the past.'
Bihar Chief Minister Nitish Kumar's Janata Dal-United on Tuesday took out processions across the state, urging people to be on guard against the Bharatiya Janata Party's alleged politics of communalism.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.
Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.
In renaming TRS and repositioning it as a 'national' party, KCR is also eyeing a pole position in opposition politics ahead of the 2024 Lok Sabha elections.
Infosys, HCL might fare marginally better than TCS.
The IPL franchises are now expanding their bouquet of teams across leagues in the West Indies, UAE, South Africa and now the US is another untapped market that wasn't explored despite the Asian diaspora craving for some cricket.
Security forces took out flag marches at several places including Ferozepur, Bathinda, Rupnagar, Faridkot, Batala, Fazilka, Hoshiarpur, Gurdaspur, Moga and Jalandhar in a show of strength.
Disgruntled Janata Dal-United leader Upendra Kushwaha on Monday resigned from Chief Minister Nitish Kumar's party, less than two years after returning to the party, and announced formation of the 'Rashtriya Loktantrik Janata Dal'.
16 Indian Army divisions face China, 20 face Pakistan and two divisions are reserves. This powerful signal can hardly be missed in China or Pakistan, notes Ajai Shukla.
As part of the efforts to bring several opposition parties together on a common platform to defeat the BJP in 2024 Lok Sabha polls, Pawar met Kharge on Thursday evening.
As the Kejriwal empire spreads, will he be able to keep the momentum going? And will it be at the cost of greater centralisation of authority in the party, asks Aditi Phadnis.
.jpg)
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Bursting firecrackers is not a matter of religion, it affects people's lives, Delhi environment minister Gopal Rai said on Wednesday and urged the Opposition not to jeopardise the well-being of children and the elderly for political ambitions.
The Congress Legislature Party, which met at a private hotel in Bengaluru on Sunday evening, passed a unanimous resolution authorising the party chief to pick its leader.
Despite consumer inflation, joblessness, etc, ordinary voters still think Modi is the best to rule the country.< Going into the poll with a tried and tested prime ministerial candidate is a huge plus for the BJP --- and a huge handicap for the Opposition, points out Virendra Kapoor.
Amid a buzz that Bihar Chief Minister Nitish Kumar may emerge as the opposition's prime ministerial candidate, his party Janata Dal-United said on Friday if other parties want so, then this is an option.
The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent - soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government's decision to open up the space sector to private players and the work done by companies like Skyroot Aerospace, the Hyderabad-based start-up behind the launch of India's first privately developed rocket on November 18.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Atique Ahmed is one of the most feared dons of Uttar Pradesh today. There was another don who preceded Atique and had he survived, Atique wouldn't have been around today, recalls Sudhir Bisht.
Is self-reliance the right approach in a mega-buck game, or better to be part of a network? asks T N Ninan.
India will need $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). The government has set a target of increasing non-fossil power capacity to 500 GW by 2030. It wants non-fossil fuel power sources to provide half of its electricity supply by 2030. "To achieve this target, India needs to massively scale up funding for renewables," the report said, adding that $223 billion is required over the next eight years just to meet the solar and wind capacity targets.
The Bharatiya Janata Party had won 30 of the total 50 seats in the region in the 2018 assembly polls, followed by Congress 17, Janata Dal-Secular 2, and others (KPJP-Shankar) 1.
'We do realise it is time to have a larger ambition.'
With increased consumer awareness and government support in place, it is the opportune time to enter the electric passenger vehicle segment, Mahindra Group Chairman Anand Mahindra said on Monday. With an eye on gaining leadership in the electric four-wheeler segment, the Indian auto major announced that it will launch five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets, with the first four expected to hit the road between 2024 and 2026. The company would introduce the first of the five e-SUVs towards the end of 2024, starting with the Indian market.
As the 16th edition of the glitzy Indian Premier League is set to unfold, let's take a look at the driving force of the T20 league and what's in store in this edition.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances