September 20, 2026
강남 가라오케 단체 예약 친구들과 함께 주말을 즐기기 위해 어디를 갈까 고민하다가 자연스럽게 떠오른 곳이 강남 가라오케입니다. 평소에도 혼자 혹은 소규모로 즐기기 좋지만, 특별한 날이나 모임에서는 단체로 방문하는 경우가 많아 단체 예약 가능 여부가 중요한 포인트가 됩니다. 다행히 강남 가라오케 단체 예약을 쉽게 할 수 있도록 다양한 룸과 서비스를 제공하고 있어 편리합니다. 처음 방문했을 때는
READ MORE강남호빠는 분위기가 강남호빠는 서울 강남 지역에서 많은 사람들이 찾는 인기 유흥 공간 중 하나입니다. 많은 방문객들이 궁금해하는 질문 중 하나는 바로 강남호빠의 분위기가 편안한지 여부입니다. 일반적인 술집이나 클럽과 달리 강남호빠는 손님이 부담 없이 즐길 수 있는 환경을 제공하는 것으로 알려져 있습니다. 깔끔한 인테리어와 조용한 음악, 그리고 세심하게 배치된 좌석들은 방문객에게 안정감과 편안함을 느끼게 합니다. 이
READ MOREsocial media scraping API required for large datasets As businesses increasingly rely on social intelligence to guide marketing, product development, and competitive strategy, a common question arises: Is a social media scraping API required for large datasets? The answer depends on scale, efficiency needs, and compliance considerations, but in most high-volume scenarios, a social media
READ MOREhandle commercial HVAC repairs for offices in Bermuda Dunes CA For businesses in Bermuda Dunes, CA, keeping office spaces comfortable and well-ventilated is essential for productivity and employee satisfaction. A common question among office managers and business owners is, “Do you handle commercial HVAC repairs for offices in Bermuda Dunes CA?” The answer is yes.
READ MORELocksmith near me secure rental properties Rental property owners face a unique set of security challenges that require professional attention. Tenants come and go, locks can become worn over time, and maintaining a safe environment is essential for both the landlord and the renters. Many property owners ask, “Can a Locksmith near me secure rental
READ MORE오피사이트의 허위 매물은 오피사이트의 허위 매물은 어떻게 구별하나요? 최근 온라인을 통해 정보를 수집하는 이용자들이 늘어나면서 매물 선택의 편의성은 높아졌지만, 동시에 허위 정보로 인한 피해 사례도 함께 증가하고 있다. 허위 매물은 이용자를 유인하기 위해 실제와 다른 가격이나 서비스를 과장해 올려놓는 경우가 많으며, 이를 제대로 구별하지 못하면 예상과 전혀 다른 조건으로 이용하게 되거나 금전적 손해를 입을 수도
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Indian banks incremental credit to grow by Rs 19 trillion to 20.5 trillion, translating into a year-on-year growth of 10.4-11.3 per cent according to a report by rating agency ICRA. However, supported by improved economic activity and recent policy measures, non-banking financial companies (NBFCs), excluding infrastructure-focused entities, are estimated to register a 15 to 17
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Mumbai: Insurers are going to seek clarity from the Centre on the scope of GST exemption for life and health covers after the GST Council scrapped the indirect tax on individual policies but retained the levy on certain adjacent product lines. Life insurers want clarity on credit life policies, which are technically individual covers but
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Life insurance companies have dismissed concerns over the impact of Goods and Services Tax (GST) exemption on input tax credit, saying they have strategies in place to manage the situation. According to a report by Centrum Institutional Research, listed players in the life insurance sector remain confident that the effect on their Embedded Value (EV)
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Consumer goods makers are hiring law firms for implementing the revised goods and services tax (GST) norms and taking preemptive measures to safeguard against any inadvertent anti-profiteering complications and allegations, said executives at companies and legal firms. “We are awaiting clarity on various issues such as grammage increase in small packs instead of price reductions.
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Indira Gandhi International Airport’s Terminal 3 is set for a major lift this winter, with one of its domestic piers being converted to international use, boosting its overseas passenger capacity by 50% to 3 crore from 2 crore annually, The Times of India (TOI) reported. T3 currently operates with four piers, two for domestic traffic
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ILJIN Electronics India, a material subsidiary and Electronics division of Amber Group, raised Rs 1,200 Crore in strategic funding, from ChrysCapital and InCred Growth Partners Fund I (InCred PE), along with their respective affiliates, the company said on Sunday. Homegrown fund ChrysCapital is leading this investment round, whereby they will invest Rs 1,100 crore and
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Health experts have raised serious concerns over the government’s decision to reduce the Goods and Services Tax (GST) on beedis from 28 per cent to 18 per cent, while other tobacco products remain in the highest 40 per cent slab. They warned that cheaper beedis could increase their use, particularly among poor and vulnerable communities,
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This year, in one fell swoop, two of India’s biggest cities will have spanking new airports. Over the next few months, a couple of the most awaited projects in Indian aviation history will finally take flight: the first being the Navi Mumbai International Airport (NMIA), which has the airport code NMI. And then, Delhi will
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Adani Power and Druk Green Power Corp. Ltd., Bhutan’s state-owned generation utility, signed the Shareholders Agreement (SHA) for setting up a 570 MW Wangchhu hydroelectric project in the Kingdom of Bhutan. Additionally, an in-principle understanding on the Power Purchase Agreement (PPA) was also initiated. The developers also singed a Concession Agreement (CA) for the project
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Tata Motors on Friday announced that it will pass on the all the benefits of the recently introduced GST 2.0 reforms to its customers across passenger and commercial vehicle segments, reported Reuters. Under GST 2.0, the automobile sector has received significant relief through reduced and simplified tax rates, aimed at boosting the industry’s recovery amid
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Mumbai: Unilever global chief executive Fernando Fernandez said the company has made a sweeping leadership reshuffle in India aimed at making the country its primary revenue growth driver alongside the US.“We have made decisive changes in terms of leadership in India. Priya is a person I trust 100% and will be a very important leader
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The government on Thursday said the decision to ensure that most dairy products are now either exempt from tax or attract only a 5 per cent rate will boost demand in the Rs 19 lakh crore industry.In an official statement, the Ministry of Fisheries, Animal Husbandry & Dairying said the 56th GST Council, in its
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The reset in GST rates is likely to boost demand for small cars and two-wheelers among entry-level consumers, who had stayed away from the market for the last few years amid low income growth and inflationary pressures. Big SUVs also are set to become cheaper with the GST Council putting all petrol, diesel and hybrid
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Andhra Pradesh Energy Minister G Ravi Kumar on Wednesday said the state government is expediting transmission network expansion projects worth Rs 14,962 crore across 400 kV, 220 kV, and 132 kV levels to meet growing power demand. He directed officials to ensure speed, quality, and strict adherence to timelines, particularly for projects linked to ports,
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Prataap Snacks Ltd’s key shareholders led by Authum Investments and investor Madhusudan Kela are exploring an exit, just months after buying almost half the Indore-based chips and namkeen maker from erstwhile shareholders Peak XV Partners (formerly Sequoia Capital), said people in the know. Feelers have gone out to competitors including Haldiram, Advent-backed DFM Foods and
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KNY Projects and Electrotech have signed a memorandum of understanding to jointly develop and commission up to 200 MW of solar power plants across India, a statement said on Tuesday. Under the MoU, Electrotech will supply advanced solar modules, inverters, and other core equipment, whereas KNY Projects will lead as developer & independent power producer
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Grocery etailer BigBasket’s founders have held discussions with Tata Group to step away from day-to-day operations and transition into mentoring roles, people aware of the matter said. CEO Hari Menon’s five-year tenure is nearing completion following the conglomerate’s acquisition of the Bengaluru-based company in 2021. According to people in the know, Menon has been shortlisting
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Nuvoco Vistas Corp, the Nirma group’s cement business, on Monday announced a Rs 200 crore investment to expand its grinding capacity by 4 MMTPA. The company, which is expanding its presence in Eastern India, will invest in a new cement grinding capacity through a new mill at the Arasmeta Cement Plant in Chhattisgarh, according to
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Consumer firms and retailers are grappling with uncertainty over timelines of revised tax rate implementation, which, while coinciding with the festive period, has also crunched the shopping window. The festive season kicked off with Ganesh Chaturthi last week. Many consumers have been holding back on purchases, with Prime Minister Narendra Modi announcing substantial rate cuts
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A seven-year study, covering a total of 54 private and public hospitals and 200 ICUs in India, has revealed that over 8,600 cases of severe bloodstream infections were linked to mismanagement of tubes inserted into large veins to deliver medicines and fluids, reported TOI. Conducted between 2017 and 2024, the research was led by Healthcare
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Motor vehicle theft in India has reached epidemic proportions, more than doubling in recent years despite advances in security systems, with SUVs like Hyundai Creta and Toyota Fortuner becoming prime targets of thieves, according to police recoveries. Recent recoveries of stolen vehicles underscore the obsession of thieves with modern SUVs. Of nearly 70 vehicles that
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Realtors’ bodies CREDAI and NAREDCO on Saturday said strong economic growth in the June quarter will boost consumer confidence and increase demand for residential as well as commercial properties. “The strong GDP growth of 7.8 per cent demonstrates the resilience and potential of our economy. This positive momentum is encouraging for the real estate sector
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Maharashtra and Andhra Pradesh have emerged as the top-performing states in the State Energy Efficiency Index 2024 (FY24), with overall scores of 80.5% and 79.3%, respectively. They were followed by Karnataka, Telangana and Tamil Nadu, according to a report released by the Bureau of Energy Efficiency (BEE) under the power ministry. To align with global
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Kolkata: Lending against gold jewellery or gold loans continued its surge even as growth in the personal loans category as a whole slowed down to 11.9% year-on-year towards the end of July as compared with 14% a year ago, largely due to moderation in growth of other personal loans, vehicle loans and credit card outstanding.
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Mumbai: Japanese financial giant Sumitomo Mitsui Banking Corp (SMBC) is set to invest Rs 16,000 crore ($1.83 billion) in Yes Bank through a combination of equity and debt, according to people familiar with the matter. This proposed infusion is intended to strengthen Yes Bank’s balance sheet and is seen as a precursor to SMBC taking
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Multinational healthcare provider IHH Healthcare on Thursday said it plans to add around 2,000 new beds in India by 2028 as it unveiled a new brand identity aiming to bring greater clarity and cohesion across its international network. In India, IHH, through Fortis Healthcare and Gleneagles Healthcare, has a combined network of 35 hospitals and
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New Delhi: Seasonal hiring by ecommerce companies is at a three-year high this festive period, driven by market leaders Amazon and Flipkart that are also onboarding far more female and differently abled temporary workers compared with the previous seasons. Ecommerce hiring is creating half a million seasonal jobs this year, as per findings of CIEL
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Akash Tripathi, an IAS officer of the 1998 batch, has been appointed as the Managing Director of state-owned Solar Energy Corporation of India (SECI). His appointment has been approved by the Appointments Committee of the Cabinet (ACC) in the rank and pay of Additional Secretary to the Government of India, SECI said in a statement
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Bollywood is bracing for a lacklustre Diwali week due to a dearth of big-ticket releases during the critical festive period, forcing it to rely heavily on mid-budget films that are still to garner strong audiences, said producers and industry observers. This would exacerbate the challenges for the industry reeling from the tepid box-office performances of
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India’s readymade garment industry’s revenue growth is expected to almost halve to 3-5 per cent this financial year, as the US imposes 50 per cent tariffs on its imports from India, which will become effective from August 27, 2025, a report said on Tuesday. Readymade garment (RMG) exports totalled USD 16 billion last fiscal, which
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Mumbai: TPG Inc has emerged as the frontrunner to buy a significant minority stake in Tessolve, the semiconductor design and engineering company majority owned by Hero Electronix, people familiar with the matter told ET. TPG’s growth fund has signed an exclusivity pact with Tessolve for starting final deal negotiations, beating a bid from rival PE
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Bengaluru-based energy-tech startup Exponent Energy has launched its next-generation charging station. The redesigned station combines intelligent engineering with user-centric design to address space, usability, and battery performance challenges in EV charging. Unlike conventional bulky charging stations, the P4 features a wall-style design just 400 mm slim, running along the length of the vehicle to maximize
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In Bollywood, where action-crime thrillers dominated content consumption for the past several years, the unexpected success of the mid-budget film Saiyaara is giving confidence to filmmakers to tread the familiar lanes of romance once again. The latest romantic offering from the Hindi film industry is Maddock Films’ Param Sundari. A film which contrasts the world
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An IndiGo flight from Dibrugarh to Guwahati, that had Assam Chief Minister Himanta Biswa Sarma onboard, was diverted to Agartala due to bad weather, the CMO said on Sunday. The incident comes only a week after a Dibrugarh bound flight from Guwahati had ‘misapproached’ the runway at LGBI Airport during its landing. It had immediately
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Mumbai: India’s healthcare providers are vying for a greater share of overseas patients amid a surge in foreign tourists arriving in the country for medical treatment, said industry executives. It comes as foreign tourist arrivals in India for medical treatment shot up to nearly 650,000 in 2024 from just over 180,000 in 2020. In the
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Adani Ports is building a 70-acre logistics park in Kochi with an investment of Rs 600 crore, the company announced on Saturday. The facility will feature 1.3 million sq. ft. of integrated logistics infrastructure. The Adani Logistics Park was inaugurated by Chief Minister of Kerala, Pinarayi Vijayan. The project aims to create over 1,500 jobs
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MUMBAI: Exempting life and health insurance premiums from the Goods and Services Tax (GST) could leave policyholders paying less, but the move may also squeeze insurers’ margins and prompt them to rework pricing. A group of ministers has recommended entirely removing the current 18% GST on insurance. At first glance, this appears to be a
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The World Gold Council (WGC) on Friday said that signs of demand revival are emerging in India as the gold jewellery market gears up for the upcoming festive and wedding season that starts from early August and continues till end December. Anecdotal reports from industry stakeholders suggest a positive outlook. This optimism was evident at
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New Delhi: Consumer goods company Hindustan Unilever on Thursday named Niranjan Gupta its chief financial officer-designate and a member of the management committee with effect September 1. Gupta, a former chief executive of two-wheeler maker Hero MotoCorp who had started his career at HUL, will take over from Ritesh Tiwari as executive director-finance and CFO
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TVS Motor Company on Thursday expanded its electric commercial vehicle range with the introduction of a three-wheeler for the cargo segment. The company had forayed into the electric three-wheeler segment earlier this year with the launch of the King EV MAX to cater to the passenger segment. TVS King Kargo HD comes with a driving
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New Delhi: The Lok Sabha passed the online gaming bill a day after the cabinet approved it, as the government fast-tracks it through the Parliament before the current session ends on Thursday. The Promotion and Regulation of Online Gaming Bill bans all online games with a monetary aspect, pointing to their toll on society. The
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The Lok Sabha on Wednesday passed the Promotion and Regulation of Online Gaming Bill, 2025, aimed at establishing a legal framework for the fast-growing industry and introducing safeguards for players. The legislation, introduced earlier in the day by Union Electronics and IT Minister Ashwini Vaishnaw amid Opposition protests, was cleared a day after the Cabinet
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Mumbai: Aurobindo Pharma has emerged as the frontrunner to acquire Prague-based generic drugmaker Zentiva for $5-5.5 billion (Rs 43,500-47,900 crore) from Advent International, said several people aware of the matter, underscoring the growing consolidation of pharmaceutical assets in Europe. If successful, this will be the largest-ever acquisition by an Indian pharma company, both at home
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The mobile phone industry has called for a 5% GST slab for handsets as the government works on overhauling the rates in the coming months. The mobile phones currently are placed under the 18% slab, which has been termed as “regressive” by the industry because phones these days are a necessity and not an aspirational
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Manufacturers of passenger vehicles, television sets and other consumer products are worried consumers may hold off purchases over the next two months in wait for the proposed GST cuts to be put in place. Company executives said this could badly dent demand during peak sale periods such as Ganesh Chaturthi, Onam and Durga Puja festivals
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As Prasar Bharati’s free direct-to-home (DTH) service DD Free Dish consolidates its lead as India’s single largest TV distribution platform, the industry remains divided over its real reach.Official data shows its footprint at 49 million homes in 2024, up from 33 million in 2018. Some agencies, however, believe the number is much higher. Delhi-based Chrome
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NEW DELHI: The proposed goods and services tax (GST) recast could perk up the small passenger car market, which has been under pressure for some time amid a growing preference for larger vehicles such as SUVs.Small cars are likely to be placed in the 18% tax slab, substantially reducing the tax burden on them, people
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The Nilgiri Mountain Railway, connecting Mettupalayam to Ooty, is famously slower than a bicycle. Chugging along at an average speed of just 10 km/h, it gives passengers plenty of time to enjoy the breathtaking Nilgiri Hills. Built in 1908, this train still operates with steam locomotives on its steep tracks. The scenic ride passes through
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Kolkata: Leading consumer goods manufacturers are ramping up their direct-to-consumer (D2C) business through acquisitions and new launches to counter subdued demand and intensifying competition, buoyed by 20-25% growth of their digital-first brands.Companies from Hindustan Unilever to Marico, Dabur, Britannia, AWL Agri Business and Emami plan to target the premium end of market with D2C brands,
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In 1981, the year Airbus SE announced it would build a new single-aisle jetliner to take on Boeing Co., the 737 ruled the roost.The US-made narrowbody, already in use for more than a decade, had reshaped the airline industry by making shorter routes cheaper and more profitable to operate. By 1988, when Airbus began producing
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Independence Day discounts have lifted footfalls and sales by 8-10% YoY across key retail destinations in the country, with a revival in entry-to-mid segment demand raising hopes of a strong festive season.Sales of electronics, particularly in the more affordable segments, groceries and apparel have picked up, while restaurants are benefiting from higher mall traffic boosted
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Marico Ltd, which is expanding into the healthy food segment with Saffola brand, expects its food business to surpass the edible oil vertical, said the company’s Managing Director and Chief Executive Officer Saugata Gupta. Marico, whose foods business has crossed the Rs 900 crore-mark in FY25, is expanding in the segment by introducing Saffola oats,
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New Delhi: Germany’s Deutsche Bahn (DB) is evaluating opportunities to run and maintain high-speed trains in India, said Niko Warbanoff, chief executive officer.Speaking to ET, Warbanoff said DB has held discussions on bullet train projects. He added that the company is also looking to expand its presence in the Indian market for semi-high-speed Regional Rapid
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A parliamentary panel has raised concerns over the continued collection of tolls on national highways even after project costs are recovered. The Public Accounts Committee (PAC) highlighted that current practices allow tolls to rise annually by 3%, regardless of highway quality, traffic levels, or affordability for users, a TOI report stated.The PAC, headed by Congress
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Bengaluru: India’s retail sector is shifting from aggressive rollout to disciplined growth, as large chains enforce strict six-to-12-month profitability targets for new outlets and shut underperforming ones while global and digital-first brands look for high-footfall locations to boost offline presence. Established players such as Reliance Retail, Pantaloons, Westside, and Shoppers Stop have recalibrated their rollout
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New Delhi: Ola Electric is likely to announce its foray into the sports scooter segment on August 15 as part of its plans to expand its product portfolio, according to sources. The company plans to unveil the new range at its upcoming annual event on August 15. In the run-up to its annual ‘Sankalp’ event,
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Mumbai: The ministry of information and broadcasting (MIB) has set up a task force to combat piracy, which is estimated to cause an annual revenue loss of $2.5 billion to the media and entertainment business, a top industry executive said. MIB secretary Sanjay Jaju informed senior members of the Confederation of Indian Industry (CII) about
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Foseco is in talks to acquire Morganite Crucible in a cash and stock deal, according to sources aware of the matter. ET could not ascertain the value of the deal. The deal if it concludes will bring together the Indian arms of two global companies that serve similar industries such as metals and components manufacturing.
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Indian Oil Corp , the country’s largest refiner, has bought 5 million barrels of crude for October delivery, trade sources said, continuing its buying spree amid pressure from U.S. President Donald Trump to halt Russian purchases. IOC bought 2 million barrels of U.S. Mars crude, 2 million barrels of Brazilian grades and another 1 million
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JSW Cement, whose Rs 3,600-crore IPO has opened for public subscription on Thursday, plans to triple manufacturing capacity to 60 million tonnes per annum in the coming years, and the USD 23-billion JSW group firm may tap capital markets to fund its growth, said Managing Director Parth Jindal on Thursday. JSW Cement plans to grow
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Tata Motors group CFO PB Balaji’s elevation as Jaguar Land Rover CEO comes with a clear mandate: tighten the balance sheet, inject a strong focus on winning customers, and make the iconic British automaker more agile in responding to demand-supply volatility in the global automotive market. His appointment signals a strategic reset by Tata Motors,
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Electricity consumption, wood usage, chemicals inputs are the top sources of carbon footprint in India’s handloom sector, an official report released Wednesday showed. Prepared by the ministry and Indian Institute of Technology, Delhi, the report showed that improving energy efficiency, transitioning to renewable electricity sources and substituting chemical use in dyeing and finishing can help
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Monthly SUV sales in India fell for the first time in more than five years in June, weighed down by IT sector layoffs, geopolitical uncertainties and macro challenges. The sport utility vehicle segment has been the key driver of demand in the passenger vehicle market for nearly a decade now. According to latest industry data
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Assetz, a Bengaluru’s based real estate development firm has raised Rs 125 crore from Motilal Alternates to acquire and develop a 11.5-acre land parcel on the Old Madras Road (OMR)/Hoskote Highway in East Bengaluru. The land will be used to develop a luxury residential community with an estimated Gross Development Value (GDV) exceeding Rs 1,400
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Mumbai: Tata Motors group finance chief PB Balaji will take over as the chief executive of the company’s crown jewel, Jaguar Land Rover, on November 17, becoming the first Indian to lead the iconic British automotive brand. At JLR, Balaji will replace Adrian Mardell, who retires after a 35-year tenure at the maker of the
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Applause Entertainment has acquired the exclusive screen rights to six novels by bestselling British author Jeffrey Archer. The selected titles include The Clifton Chronicles, Fourth Estate, First Among Equals, The Eleventh Commandment, Sons of Fortune, and Heads You Win. This marks the Indian content studio’s first acquisition of international fiction rights. Applause plans to adapt
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India is undergoing a transformative journey in the semiconductor space, rapidly building an ecosystem that promises to position the country as a major hub in the global chip manufacturing and design value chain. What makes a phone smart? A computer processes millions of commands in a fraction of a second. A TV brings out the
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Union minister Nitin Gadkari on Sunday said the mining policy being framed by the Centre would provide ease of doing business as all clearances will be given in three months so that the extraction process starts in the fourth month. He said all bottlenecks would be removed under the new mining policy. The Minister for
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India has dramatically increased its crude oil imports from the United States since President Donald Trump returned to the White House for his second term, according to sources familiar with the trade data. The surge represents a significant shift in India’s energy procurement strategy, with imports jumping by more than half compared to the previous
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The long-delayed Master Plan of Delhi will be implemented, turning vision into action, Delhi Chief Minister Rekha Gupta said at an event by the National Real Estate Development Council (NAREDCO). “Our government is committed to the holistic development of Delhi—better infrastructure, modern housing, world-class hospitals, vibrant markets, and safe opportunities for women. With the Central
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The Mahindra Group has announced a one-time employee stock ownership plan (Esop) grant for 12,000-14,000 employees, including shop floor workers for the first time ever. The move across three core companies—Mahindra & Mahindra (auto and farm sector), Mahindra Electric Automobile and Mahindra Last Mile Mobility —comes amid surging sales and profit on the back of
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The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on Friday. Speaking about the progress of the high-profile disinvestment,
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The incredible box-office success of mid-budget Hindi film Saiyaara has sent ripples across Bollywood at a time when fear of failure has gripped the industry after months of mostly flops, kindling hopes of a turnaround. Emerging as a ‘silent storm’ with minimal promotion, Saiyaara has collected Rs 274 crore in just 14 days since release,
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After 26 years with Nestle India, Suresh Narayanan, the chairman and managing director of the packaged foods maker, will take his retirement starting July 31, 2025. Narayanan, who had taken over as Nestle India managing director in 2015, is credited with turning around the company’s flagship instant noodles brand Maggi, after food safety authority FSSAI
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Mumbai: As blockbuster weight-loss drugs Wegovy (semaglutide) and Mounjaro (tirzepatide) reap billions of dollars on hysteric demand for innovators Novo Nordisk and Eli Lilly, more pharma companies — big and small — are racing to join the frenzy. As many as 170 new anti-obesity drugs are in various stages of development — from preclinical evaluation
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The Ministry of Information & Broadcasting (MIB) has blocked 43 OTT platforms for violating India’s digital content regulations, citing the spread of explicit, adult, violent, and culturally insensitive material. Union Minister for Information & Broadcasting Ashwini Vaishnaw confirmed the enforcement action in the Lok Sabha on Tuesday. In February 2025, the MIB issued an advisory
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Mumbai: Tata Motors is all set to buy Italian truck maker Iveco from its principal shareholder, the Agnelli family, for $4.5 billion (3.9 billion, making it the Tata Group’s second-largest acquisition after Corus and the largest ever for the automobile major, people aware of the discussions told ET. In 2008, Tata Motors bought Jaguar Land
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New Delhi: Three directors and two senior executives, including the head of Health, Safety, and Environment (HSE), have resigned from Russian energy giant Rosneft-backed oil refiner Nayara Energy after the company was sanctioned by the European Union, sources aware of the matter said. Victoria Cunningham, Avril Mary Anne Conroy and Jorg Tumat, who were on
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Mumbai: India’s television broadcasting sector is facing a period of turbulence, with both advertising and subscription revenues coming under pressure. A slowdown in advertising spends by fast-moving consumer goods (FMCG) companies, long considered the backbone of TV advertising, has weighed heavily on broadcasters already contending with structural shifts in audience behaviour and distribution. Advertising and
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Weight loss isn’t one-size-fits-all. From metabolism and muscle mass to hormones and fat storage, here are 7 key differences in how men and women lose weight.
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New Delhi: Samsung’s exports of smartphones slumped by almost a fifth year-on-year in the first quarter of FY26, likely because the South Korean major is no longer eligible for benefits under the smartphone production-linked incentive (PLI) scheme since April. According to industry executives, without the PLI incentives, Samsung may have lost export competitiveness and thus
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New Delhi: The Department of Telecom has issued a “show-cause-cum-demand notice” of about Rs 7,800 crore to Tata Communications over adjusted gross revenue dues, according to an official note by the company. The demand has been raised by the Department of Telecom (DoT) for adjusted gross revenue (AGR) from 2005-06 till 2023-24, as per the
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Mumbai: Last month’s plane crash in Ahmedabad has made fliers nervous. “After a tragedy like this, fear of flying naturally spikes,” said Shefali Batra, a leading Mumbai-based psychiatrist. While investigations continue into whether pilot error or a mechanical fault with the Air India Boeing 787 Dreamliner plane was to blame for the accident that killed
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Exide Industries on Saturday said it is strategically poised to lead the future of energy storage through a dual-pronged focus on its conventional lead-acid battery business and the next-generation lithium-ion segment. Speaking at the company’s 78th Annual General Meeting, Exide Industries chairman Sridhar Gorthi said, “Despite the macroeconomic headwinds and a slowdown in capex across
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Kolkata | New Delhi: Several electronics contract manufacturers in India are plotting partnerships with Chinese companies, enthused by the Centre’s nod to a joint venture between Dixon Technologies and Chinese original design manufacturer (ODM) Longcheer Intelligence. Dixon, the top homegrown electronics contract manufacturer, said late Thursday that it has secured Ministry of Electronics and Information
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The Ministry of Information and Broadcasting (MIB) has directed internet service providers (ISPs) across India to block public access to 25 over-the-top (OTT) streaming platforms for allegedly hosting and distributing unlawful content. The platforms have been found in violation of multiple Indian laws related to obscenity and the indecent representation of women. In a notification
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Mumbai: Bajaj Auto could have a “zero month” in August for its electric scooter Chetak and electric three-wheeler GoGo because of the shortage of rare earth magnets, managing director Rajiv Bajaj said in an interview. That would make it the first automaker to halt output on account of export curbs imposed by China on the
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Jaguar Land Rover on Thursday said the India-UK free trade agreement would help the marquee automaker to access lower tariffs in India for its luxury models. Under the India-UK FTA, India will reduce tariffs on automotive imports from about 110 per cent to 10 per cent under quotas on both sides, benefiting companies such as
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Walking at least 7,000 steps a day can yield significant health benefits, according to a study published in The Lancet Public Health journal this week. It can lower the risk of cardiovascular disease by 25%, cancer by 6%, type-2 diabetes by 14%, dementia by 38%, depression by 22% and falls by 28%, said the study,
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India’s largest importer of natural gas Petronet LNG Ltd. is seeking a loan of at least 120 billion rupees ($1.4 billion) for a new petrochemical plant and an LNG terminal, according to people familiar with the matter. Local lenders including Axis Bank, State Bank of India and Union Bank of India are considering to join
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Buyout groups EQT and Bain Capital are in a two-horse race for 31% controlling interest in Whirlpool of India, listed local arm of the US appliances giant, three senior industry executives said. Private equity peers TPG and KKR, as well as potential rival contenders Havells and Reliance Industries, have fallen back, they said. EQT and
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Imports of pharma raw materials worth Rs 1,362 crore have been avoided till March 2025 due to the creation of domestic manufacturing capacity for 25 identified items under the production-linked incentive scheme for bulk drugs, Parliament was informed on Tuesday. In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers, Anupriya
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Mumbai: The Aircraft Accident Investigation Bureau (AAIB) has successfully retrieved data from the black box of the Air India Boeing 787 plane that crashed in Ahmedabad last month, civil aviation minister Ram Mohan Naidu said on Monday. He said it was the first instance of successful decoding of a crashed aircraft’s black box within the
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The MG M9 stands out with its trapezoidal mesh grille, split LED headlamps, and connected DRLs, creating a strong road presence. At the rear, a waterfall-style LED taillight completes its unique look. The car comes in three elegant colours: Pearl Lustre White, Metal Black, and Concrete Grey, and rides on 19-inch ContiSeal™ tyres that can
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Mumbai: The world of real money gaming, which is often in regulatory crosshairs, has been hit by another salvo from goods and services tax (GST) authorities. At least four gaming companies have received communication from the indirect tax department for non-payment of GST on cashbacks and bonuses that the gaming platforms offer to the players.
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Auto components maker Sona BLW Precision Forgings (Sona Comstar) has signed a binding term sheet with Jinnaite Machinery Co (JNT) to establish a joint venture company in China. The JV will manufacture and supply driveline systems and components to automotive manufacturers in China and globally, Sona Comstar informed stock exchanges in a filing on Sunday.
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Prada has denied any infringement of the Geographical Indication (GI) for Kolhapuri chappals by featuring sandals inspired by the iconic traditional footwear at its Spring/Summer 2026 menswear collection. Responding to a legal notice, Prada’s legal team said it has not used the term ‘Kolhapuri’ nor any associated GI markings in the naming, marketing, or presentation
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Air India Express flight IX 110 from Hyderabad to Phuket had to return shortly after take-off due to a technical issue on Saturday. In a statement, the airline said, “Shortly after take-off, crew on one of our flights exercised abundant caution and elected to return to Hyderabad on account of a technical issue.” The airline
READ MORE룸알바 시급은 룸알바 시급은 얼마인가요? 이 질문은 룸알바에 관심 있는 많은 사람들이 가장 먼저 궁금해하는 부분 중 하나입니다. 일반적인 아르바이트에 비해 룸알바는 높은 시급을 제공하는 것으로 잘 알려져 있지만, 정확한 금액은 지역, 업소의 종류, 근무 시간, 경험 등에 따라 다양하게 달라질 수 있습니다. 대체로 룸알바 시급은 다른 업종에 비해 훨씬 높은 편입니다. 평균적으로 보면 최소
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The government has asked public sector banks (PSBs) to step up lending to startups. They have been asked to collaborate with educational institutions and incubation centres to identify and monitor early-stage startups to establish formal banking linkages, said people familiar with the development. “These issues were a part of the discussion during the performance review
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Sunil Mittal, the chairman of Bharti Airtel, has exuded confidence in India’s ability to move at a steady economic clip even in face of global headwinds intensified by rising trade disputes and ongoing conflicts. In a note in Airtel’s latest annual report, the telecom industry tycoon said that political stability and a robust policy push
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About a dozen small, regional consumer brands are either in the process of raising private equity funding or are being pursued by investors keen to acquire minority stakes, executives said. These include Ahmedabad-based frozen food maker Iscon Balaji, skincare brand Dermabay, condiment and noodle brand Moi Soi, Raipur-based Zoff Spices, and soft drink maker Bindu
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An EV battery recycling project backed by Jaguar Land Rover has received British government funding to recover critical minerals from end-of-life batteries, startup Mint Innovation said on Thursday. The project to recover lithium, nickel and cobalt from used batteries is part of the 2.5-billion-pound ($3.35 billion) DRIVE35 programme that the UK Department for Business and
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Mumbai: India’s warehousing industry is witnessing a green transformation, driven not just by developers and investors but increasingly by multinational corporate occupiers whose global sustainability mandates are reshaping the market. As companies tighten focus on their supply chain emissions to meet Scope 3 targets that include all indirect greenhouse gas (GHG) emissions, green-certified warehouses have
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Bollywood actor Salman Khan has sold an apartment in Mumbai’s plush Bandra west locality, for Rs 5.35 crore. The apartment is spread over a built-up area of over 1,318 sq ft and the deal also includes three car parking spaces in the premium residential tower. The transaction concluded and registered on Tuesday incurred a stamp
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Mumbai: Sumitomo Mitsui Banking Corp (SMBC) has already applied to India’s banking regulator to buy up to a 25% stake in Yes Bank, giving the Japanese lender sufficient headroom to immediately increase its ownership, one person directly aware of the details told ET. In May SMBC had said it will buy 20% from a clutch
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A civil society organisation on Tuesday urged West Bengal Chief Minister Mamata Banerjee to intervene in the State Bank of India’s decision to shift Global Market Unit (GMU) and other core operations from Kolkata to Mumbai. In a letter to the chief minister, ‘Bank Bachao Desh Bachao Manch’ expressed concern over the “arbitrary” move by
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New Delhi: The Food Safety and Standards Authority of India (FSSAI) has sought another three months’ time from the Supreme Court to comply with its order on framing a stringent law on front-of-pack-labelling (FOPL). The food regulator had time until July to frame the law. The FOPL is a part of proposed reform measures where
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Railways to install CCTV cameras in coaches for passengers’ safety: 'AI, clear footage at 100kmph'
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Mumbai: Public sector banks have increased lending to new as well as lower-rated micro, medium and small enterprises taking advantage of government guarantee schemes, even as industry trends suggest a broader shift towards high-quality borrowers. The share of subprime borrowers in the outstanding MSME portfolio of banks decreased to 23.3% in March 2025 from 33.5%
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India’s biggest realty firm DLF Ltd has a strong launch pipeline of housing projects to meet “aspirational needs” of the market and the company remains on track to achieve outlined targets, its Chairman Rajiv Singh said. In a letter to shareholders in its latest annual report, he said the company’s annuity business, which is leasing
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A cut in fuel supply to both engines triggered the crash of an Air India Boeing 787 Dreamliner aircraft last month, according to initial findings in an investigation into the accident that claimed 270 lives. The preliminary report by the Aircraft Accident Investigation Bureau (AAIB) did not recommend action against the manufacturer Boeing, or engine
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India has reversed a decade-old mandate to install $30 billion worth of clean-air equipment, easing sulphur emission rules for most coal-fired power plants, a government order said. Reuters in December reported the government was reviewing 2015 norms that required nearly 540 coal-based power units to install flue-gas desulphurisation (FGD) systems that remove sulphur from the
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The Aircraft Accident Investigation Bureau (AAIB) on wee hours of Saturday released a 15-page preliminary report on the Air India plane that crashed a month ago in Ahmedabad, killing at least 270 people. As per the report, both engines of the ill-fated flight AI171, a Boeing Dreamliner, ‘cut off’ seconds after take-off from Ahmedabad, and
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Billionaire Gautam Adani on Friday revealed plans to build an AI-first, multidisciplinary healthcare ecosystem that integrates affordability, scalability, and global best practices, as he shared his vision for transforming healthcare in India. Speaking at the 5th Annual Conference of the Society for Minimally Invasive Spine Surgery – Asia Pacific (SMISS-AP) here, he called for a
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Balaji Telefilms is restructuring its business strategy with a sharper focus on movies and digital content, aiming to reduce its reliance on traditional television, which is under pressure due to pay-TV erosion and industry consolidation impacting margins. Historically, television has been the company’s core business, with Balaji dominating primetime for years and delivering a string
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Indian investigators of the deadly Air India airliner crash that killed 260 last month told a meeting of lawmakers that the plane’s black boxes were not damaged, two people familiar with the discussions said. The revelation about the devices critical to reconstructing the events leading up to an air crash, comes after Indian media said
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Indian streaming platforms are increasingly spotlighting gaming and esports, with a rise in reality shows and scripted series themed around gaming. These efforts are helping to mainstream a genre that had previously remained a niche interest. Streaming platforms are experimenting with a variety of formats, from unscripted bootcamp-style shows to fictional dramas. This reflects a
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Pharma major Lupin Ltd on Wednesday said it has inked a license and supply pact for commercialisation of its biosimilar ‘Certolizumab Pegol’ across multiple global markets with the Zentiva Group, entailing milestone receivables of up to USD 50 million. This alliance aims to accelerate the availability of high-quality, cost-effective biosimilar Certolizumab Pegol to patients worldwide,
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Ventive Hospitality Limited along with its Promoter Group Companies, announced the expansion of their strategic partnership with Marriott International on Tuesday, by signing management contracts for seven luxury, upper upscale and upscale hotels comprising of 1,548 rooms across India and Sri Lanka. The companies said this partnership marks ‘multiple’ brand debuts in key locations including
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Two major shipping companies, Cyprus-based Interorient Navigation Co Ltd and Denmark-based Danship & Partners Ltd, have revealed plans on Tuesday to inject Rs 10,000 crore into India’s shipping industry, reported PTI. This will be the single biggest foreign direct investment (FDI) in Indian shipping since the sector was fully opened to overseas investment in 2005.
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Drug major Sun Pharmaceutical Industries aims to bolster compliance across its manufacturing operations and work towards achieving full regulatory resolution at the three facilities facing USFDA action, according to Chairman and MD Dilip Shanghvi. In his address to shareholders in its annual report for 2024-25, Shanghvi said the company is facing US Food and Drug
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NABARD Chairman Shaji KV said on Monday IT integration of recently amalgamated Regional Rural Banks (RRBs) on the principles of ‘One State One RRB’ is expected to be completed by September 30. The amalgamation of RRBs on the principles of ‘One State One RRB’ became effective from May 1. This was aimed at improving scale
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New Delhi: India is readying a new plan to promote domestically-flagged ships after an existing scheme appears set to miss its targets for the sector, hindering the government’s aim to become a key player in global maritime trade. Inter-ministerial consultations have identified aggregated demand for about 200 new Indian ships worth ₹1.3 lakh crore required
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Nissan Motor is in discussions with Taiwan’s Foxconn about a collaboration in electric vehicles that could save its Oppama plant in Japan from closure, the Nikkei business daily reported on Sunday, citing an unidentified Nissan source. Nissan’s Oppama plant, which employs about 3,900 workers, has been a potential consolidation target in the struggling Japanese carmaker’s
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MUMBAI India Cements clarified Saturday that it has not yet received the full investigation report from the Director General in the 2020 case regarding ongoing proceedings before the Competition Commission of India (CCI) involving the company. The company is currently exploring its legal options and emphasised that “There is no finding by the CCI at
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OPEC+ will raise oil production faster than earlier planned in August, with eight key alliance members agreeing to increase output by 548,000 barrels a day, delegates said on Saturday after a virtual meeting. This is higher than the 411,000-barrel hikes announced for May, June and July, which were already triple the initial plan. Traders had
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India is in the process of holding consultations ahead of the formalisation of CAFE (Corporate Average Fuel Efficiency) 3 norms, scheduled to come into force from April 1, 2027. India currently caps average emissions of all passenger vehicles weighing less than 3,500 kg sold by each manufacturer at 113 gm of carbon dioxide per kilometre.
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Mumbai, Domestic airlines IndiGo on Friday said it has partnered with Chennai-headquartered travel tech firm Infiniti Software Solutions to deploy the latter’s advanced revenue management platform for group bookings. Built to handle high volumes while simplifying and streamlining the process, the platform improves efficiency, accelerates response time, and enhances handling of group travel requests, IndiGo
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Mumbai | New Delhi: India’s top electric two-wheeler makers, including Bajaj Auto, Ather Energy and TVS Motor Company, are set to cut production this month due to a prolonged disruption in the supply of heavy rare earth (HRE) magnets from China. The shortage, now in its fourth month, is threatening to slow the sector’s rapid
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Electric motorcycle maker Matter Motor Works plans to launch one new model every year in the next three years as it looks to accelerate volume growth, its Co-founder and Group COO Arun Pratap Singh said on Thursday. The Ahmedabad-based company, which on Thursday launched its geared electric bike AERA in the Delhi market, plans to
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Mumbai: Brookfield, one of the world’s largest alternative investment firms, and the iconic IL&FS building that marked BKC’s emergence as Mumbai’s new-age money hub, are in the news again after the insolvent financier that had sold the property to a Brookfield-backed unit sought a reversal in its latest court plea, citing non-compliance of the global
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Nearly 27 lakh power sector employees across India are set to stage a one-day nationwide strike on July 9, protesting the Uttar Pradesh government’s decision to privatise two major electricity distribution companies, a move engineers claim could have far-reaching consequences for consumers and the sector at large. The All India Power Engineers’ Federation (AIPEF) on
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Hindi film producers are increasingly seeking insurance protection against piracy-related losses, particularly for big-budget films, amid reports of significant piracy losses. However, insurers are hesitant to underwrite the risk, industry insiders said. The issue of piracy has come into focus following reports that producer Sajid Nadiadwala suffered estimated losses of ₹91 crore due to a
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New Delhi: Power consumption in the country dipped slightly by 1.5 per cent to 150.04 billion units (BU) in June, compared to the year-ago period, mainly due to reduced usage of cooling appliances amid early onset of monsoon. Power consumption was recorded at 152.37 BU in June, 2024, according to official data. Experts believe the
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Mumbai: Ola Electric, the erstwhile market leader in India’s electric two-wheeler space, remained in the third position in June. This was its second consecutive month in third place, as legacy rivals TVS Motor and Bajaj Auto continued to lead the segment. The Bengaluru-based company registered 18,527 units in June, nearly flat compared to 18,541 units
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Torrent Pharmaceuticals expects to complete its proposed acquisition of a majority stake in Mumbai-based J B Chemicals and Pharmaceuticals within the next 15 to 18 months. The transaction, once concluded, will become the second-largest deal in the Indian pharmaceutical sector, following Sun Pharma’s 2015 acquisition of Ranbaxy. Torrent will acquire a 46.39 per cent stake
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New Delhi: An IndiGo flight from Pune to Hyderabad was diverted to Vijayawada on Sunday due to heavy air traffic in Hyderabad airspace, according to sources. Sources said that the flight (6E-6473) had departed from Pune Airport at 8:43 AM on Sunday and was en route to Hyderabad’s Rajiv Gandhi International Airport. It later landed
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Moscow’s troops seized it as part of their summer offensive, which has achieved steady gains across Donetsk. Russian forces have seized control of a valuable lithium deposit in the Donetsk region of eastern Ukraine, depriving the country of a critical asset that could have helped support a new economic partnership with the United States. The
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The core Left-wing Extremism affected areas of Chhattisgarh will finally get a rail link with the Indian railways finalising the contours of 160-km line from Kothagudem in Telangana to Kirandul in Chhattisgarh. The rail line will connect Naxal-affected 5454districts of Sukma, Dantewada and Bijapur. These areas were not connected with railways so far. Indian Railways
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Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL) is going to start operation in two of its new mines having total coal reserve of 35 million tonnes (MT) in Talcher coalfield area of Odisha’s Angul district, a senior company official said. “We are going to start operation of the Subhadra coal mine
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Kolkata: Consumer spending on ITC Ltd’s fast-moving consumer goods (FMCG) grew at its slowest pace in over a decade in the last fiscal year, according to the company’s annual report released on Friday. Sales of ITC’s daily necessity products such as packaged food, personal care, stationary, agarbatti and safety matches grew just 4.6% year on
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Unilever is paying $1.5 billion (1.09 billion pounds) to buy men’s personal care brand Dr Squatch from private-equity firm Summit Partners, the Financial Times reported on Friday, citing sources. The deal was announced earlier this week by all three parties, without disclosing financial details. Unilever reiterated on Friday that it will not disclose the terms
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KOLKATA: India’s micro, small and medium credit market expanded by a quarter to Rs 40.4 lakh crore as of March, buoyed by the combined impact of policy support, digitalisation, and a sustained push for financial inclusion, credit bureau CRIF High Mark said. Public sector banks continued to lead in micro business lending with 45% market
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US pharmaceutical major Eli Lilly on Thursday announced plans to launch its blockbuster diabetes drug Mounjaro in KwikPen, a single patient use prefilled pen designed for once weekly administration in the Indian market, offering a convenient treatment option for adults with type 2 diabetes. The announcement comes two days after its rival Danish drugmarker Novo
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Panasonic Holdings is downsizing its consumer electronics business in India by exiting loss-making categories like refrigerators and washing machines where the Japanese electronics manufacturer has failed to gain significant market shares, said two industry executives. Panasonic is also shuttering the production line for these products at its factory in Jhajjar, Haryana, the executives said. The
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Dhirubhai Ambani, the late father of Reliance Industries chairman Mukesh Ambani, built one of India’s biggest conglomerates from scratch. His biggest achievement was setting up the world’s largest petroleum refinery at Jamnagar in 1999. But that wasn’t all. He had another ambitious goal for Reliance. Decades ago, Dhirubhai used to say if you made a
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Before Israel struck Iran on June 13, Brent crude was hovering around $69 per barrel. The attack — followed by US involvement over the weekend — briefly pushed prices up by about $10. Yet, the rally quickly fizzled out, as markets interpreted America’s role as a sign that Iran was unlikely to escalate. When Iranian
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Three massive tunnel boring machines meant for the Mumbai–Ahmedabad high-speed rail corridor remain held up at a Chinese port, creating concern over potential delays to India’s flagship bullet train project. These machines, essential for the 21-km underground section of the line from Bandra-Kurla Complex (BKC) to Shilphata, were built in Guangzhou by German tunnelling specialist
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A panel mandated to examine tax rates under the Goods and Services Council has recommended slashing tax on green hydrogen to 5% from 18% now, said people familiar with the matter. The fitment committee has also backed reducing the goods and services tax (GST) on storage batteries and green hydrogen electrolysers, an important component for
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Fitch Ratings on Monday said Indian banks’ strong financial performances in the financial year ended March 2025 support the standalone credit profiles of rated banks and position the sector for future growth. The sector reported improved asset quality, stronger capital buffers and stable profitability despite the slowest sector loan growth in four years. “We expect
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European mass market automotive brands Renault, Volkswagen, and Skoda continue to struggle to enhance presence in the Indian market, witnessing sales decline in the last three financial years, industry data showed. According to data by JATO Dynamics, a leading provider of data and analytics to the global automotive industry, Renault saw the biggest sales dip
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Raymond Realty will launch six residential projects this fiscal in the Mumbai Metropolitan Region with an estimated revenue potential of about Rs 14,000 crore as the company looks to expand the property business amid strong demand. In an interview with PTI, Raymond Realty CEO Harmohan Sahni announced that the company will get listed on stock
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Local residents in cities like Barcelona, Palma, and Granada took to the streets, armed not with placards, but water pistols. Their message? Enough is enough. Fed up with overcrowded streets, rising rents, and vanishing neighbourhoods, locals are calling out the pressures of mass tourism.
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Hailey Bieber’s skincare brand, Rhode, has been acquired by e.l.f. Beauty for $1 billion. But behind the glamour and headlines lies a story you haven’t heard: that of Indian-American dermatologist Dr. Dhaval Bhanusali. A founding team member, formulator, and early believer in Rhode, Dr. Bhanusali played a pivotal role in turning a skincare startup into
READ MORE보증금을 못 받으면 어떻게 계약이 끝났는데 보증금을 못 받으면 어떻게 하나요? 이런 상황은 많은 세입자들이 실제로 겪는 현실적인 문제입니다. 임대차 계약이 종료되면 집을 비운 세입자는 당연히 보증금을 돌려받을 권리가 있습니다. 하지만 집주인이 이를 지연하거나 거부하는 일이 발생하면, 세입자는 상당한 금전적 손실과 정신적인 스트레스를 겪게 됩니다. 그렇다면 이런 상황에서 어떤 조치를 취할 수 있을까요? 우선, 계약이
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MUMBAI: HDB Financial Services, the non-bank lending arm of private lender HDFC Bank, said it may have to tweak its customer acquisition strategy if the Reserve Bank of India’s (RBI) proposed guidelines on eliminating overlapping business activities between banks and their subsidiaries are implemented in their current form. “We might have to make some changes
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Air India’s Delhi-Pune flight, carrying over 100 passengers, suffered a bird hit on Friday, forcing the cancellation of the return journey on the same day. Flight AI-2469 had departed from Delhi at 5:31 am and landed safely in Pune at 7:14 am. The Airbus A320 aircraft landed safely and the bird hit was detected only
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The government undertook an extensive review of safety, passenger facilitation, and airline performance in the aftermath of last week’s deadly crash of an Air India Boeing 787 Dreamliner plane in Ahmedabad. Civil aviation minister Ram Mohan Naidu met Air India CEO Campbell Wilson and senior management of IndiGo, SpiceJet and Akasa Air on Thursday. The
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Major Indian banks and card networks, including ICICI Bank, Axis Bank, and Mastercard, are looking to move away from aggregator DreamFolks Services Ltd to establish direct partnerships with airport lounge operators, and others also may follow suit, sources said. On September 22 last year, DreamFolks — a global travel and lifestyle services aggregator that offers
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India’s top private lenders are yet to fully migrate to a new cross-border payments messaging system ahead of a November deadline, officials aware of the migration said, raising disruption risks from non-compliance should the rollout stick to the announced schedule. So far, only the State Bank of India (SBI) has fully transitioned to the ISO
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Suraksha Diagnostics on Wednesday said it will invest Rs 200 crore to set up over 20 advanced imaging centres across eastern India. The plan, which will be executed in collaboration with United Imaging, is aimed at expanding access to advanced diagnostic services in tier 2 and tier 3 cities, enhancing both affordability and healthcare quality
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The analysis, based on ad volumes from all live matches of IPL 18, revealed a 13% decline in celebrity-endorsed advertisements compared to the previous season.
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A Lucknow-bound IndiGo flight from Goa experienced mid-air turbulence on Monday due to adverse weather conditions but the crew navigated the aircraft safely, the airline said in a statement on Tuesday. The flight 6E 6811 landed safely in Lucknow, the airline said without divulging further details. “IndiGo flight 6E 6811 from North Goa to Lucknow
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New Delhi: The telecom regulator has capped broadband connectivity costs of public Wi-Fi service providers at double the rates of home broadband services, setting aside all objections from telcos, with an aim to boost internet accessibility under the Prime Minister’s Wi-Fi Access Network Interface (PM-WANI) intiative. “Every service provider providing retail FTTH (wired) broadband services
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Three days after the deadly crash of the Air India Express Dreamliner in Ahmedabad—an accident that killed 272 people—the aviation world is still grappling with one burning question: what caused a modern, twin-engine jet to stall and crash just 32 seconds after take-off began? The lone survivor and another pilot on the ground reported hearing
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MUMBAI: India’s accounting and auditing standards regulator has asked several chartered accountancy firms to share details pertaining to the audit of the troubled private sector bank IndusInd. Less than a fortnight ago, the National Financial Reporting Authority (NFRA) sent notices to the existing auditor MSKA & Associates, a member of global advisory network BDO, as
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In a relief to Japanese automobile company Yamaha, the Bombay High Court has set aside an order refusing it a trademark similar to one already registered by Honda Motor Company and directed the registrar, Trade Marks, to adjudicate the issue afresh. A bench of Justice Manish Pitale on June 13 said while a bare perusal
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Mumbai: The Maharashtra government has signed a Letter of Interest (LOI) with five foreign universities to set up their campuses in Navi Mumbai. Aberdeen University, University of York, University of Western Australia, Illinois Institute of Technology and Istituto Europeo di Design (IED) have expressed interest to set up their campuses in Navi Mumbai. Maharashtra Chief
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India continues to cement its status as a strategic hub for American corporations, with US firms steadily expanding their office presence across the country. From Mumbai to Bengaluru, American occupiers are actively shaping the landscape of India’s commercial real estate sector. This trend is being led by Global Capability Centers (GCCs), which are evolving beyond
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IndiGo airlines, the country’s largest carrier by fleet and market share, may see a surge in aviation insurance cost when it renews its policy next month, likely driven by increased geopolitical risks and decline in reinsurance capacity after the Air India plane crash. As of March, IndiGo was operating a fleet of 437 aircraft, primarily
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PM Modi visited the site of the Air India plane crash in Ahmedabad on Friday and later held a high-level review meeting with Gujarat government officials to assess the response and relief efforts following one of the deadliest aviation disasters in India’s recent history. The tragic crash occurred on Thursday afternoon when Air India flight
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The steel export parity price scheme has yet to take off two months after it was launched because it covers limited grades of the commodity and the prevailing domestic prices are lower, said people familiar with the matter. Under the scheme, export-oriented MSMEs are to be supplied steel at concessional rates by large producers. The
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Branchless banking and digital network PayNearby on Thursday said it plans to expand its national footprint by adding 5 lakh retailers over the next two years. The company also plans to hire an additional 300 to 400 team members by March 2026 to support the next phase of growth, PayNearby Founder, MD and CEO, Anand
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New Delhi: Maruti Suzuki, the country’s largest carmaker, on Wednesday said it will equip all its passenger vehicles with six airbags by the end of this year. The company offers 10 models with six airbags as a standard feature across variants. These models are Alto K10, Celerio, WagonR, Eeco, Swift, Dzire, Brezza, Grand Vitara, Jimny
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The Telangana High Court on Wednesday suspended the conviction and sentence awarded to former Karnataka minister Gali Janardhan Reddy in the Obulapuram Mining Company (OMC) illegal iron ore mining case and granted him bail. The High Court also allowed the bail applications of three others who were convicted along with Reddy in the case. A
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On June 9, Jana Small Finance Bank became the third small finance bank (SFB) in India to have applied for a universal banking licence. Bigger peers waiting in line include AU SFB and Ujjivan SFB. A universal banking licence will give SFBs greater operational fl exibility and help them tap diverse markets, while enhancing the
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Recent rains may have provided the world’s most populous nation some relief from scorching summer heat, but they shattered state-owned mining giant Coal India Ltd.’s hopes of denting record-high inventories. The early onset of monsoon rains and frequent showers in parts of the country have kept India’s electricity demand in check and coal stockpiles high.
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Mumbai: The Mumbai bench of National Company Law Tribunal (NCLT) has allowed a 90-day extension in the ongoing consolidated corporate insolvency resolution process (CIRP) of Lavasa Corp beginning May 29. The planned city project is undergoing a fresh CIRP after the NCLT, in September 2024, directed that the entire process be restarted, following the successful
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Titan Company’s CaratLane aims to surpass last financial year’s revenue growth, as younger Indians warm up to lower-carat jewellery and the brand plans to open more stores, its top boss told Reuters. Brands selling lower-carat jewellery, including CaratLane and Kalyan Jewellers’ Candere, are rapidly expanding as younger Indians increasingly buy such pieces for adornment in
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An increasing number of southern language films dubbed in Hindi have failed to attract a favourable response in the past six months, thanks to limited or no marketing, lack of stories containing universal values and stylish larger-than-life characters, a small four-week window in theatres, and ineffective branding through the deliberate casting of prominent actors from
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HDFC Bank said on Saturday it will pursue legal remedies in response to allegations made by the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has called on financial sector regulators to suspend and prosecute the bank’s Managing Director and CEO, Sashidhar Jagdishan, in connection with an alleged financial fraud. In a statement, the bank said
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The Northern Railways on Saturday commenced commercial operations of Vande Bharat trains between Katra and Srinagar, officials said. The Vande Bharat express train, which was flagged off by Prime Minister Narendra Modi from Katra on June 6, connects Kashmir with the rest of the country through rail. Passengers who boarded the trains from Katra to
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The Tata Institute of Social Sciences (TISS) has asked its pro-vice-chancellor Prof Shankar Das to step down. The official order said that he is relieved from the charge with immediate effect “upon the approval of the competent authority”. However, TOI reported citing sources that there were allegations of financial misappropriation and irregularities in appointments of
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Forget metros, it’s Chandigarh that leads India’s online shopping cart, with nearly 7 in 10 households making purchases online, according to an ET analysis of data released by the statistics ministry last week. Small states and UTs like Goa and Dadra & Nagar Haveli follow, beating Delhi. Online purchases refers to goods bought through e-comm
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Katra (Jammu): With the flagging of the Katra-Srinagar Vande Bharat Express by Prime Minister Narendra Modi, Railway Minister Ashwini Vaishnaw on Friday shared eight notable features of the Udhampur-Srinagar-Baramulla Rail Link (USBRL) project. In a post on X, Vaishnaw described the project as a “remarkable feat of engineering,” emphasising that it includes “India’s longest transportation
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Etihad, owned by Abu Dhabi’s sovereign fund ADQ, is not interested in investing in India’s airlines, CEO Antonoaldo Neves told ET in an interview, although the country remains a focus market for the Gulf carrier. “The answer is a clear no. Etihad will not do equity investment in airlines,” Neves said on the sidelines of
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After countless complaints from frustrated users unable to book Tatkal tickets, the Indian government is finally stepping in with a major overhaul. Indian Railways is gearing up for a major digital shake-up to make booking Tatkal tickets faster, fairer, and fraud-free. Starting later this month, e-Aadhaar authentication will become mandatory for all Tatkal ticket bookings,
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New Delhi: The Grid Controller of India has cut the peak power demand target for June to 261 GW from 269 GW, as the early onset of monsoon and lower-than-expected temperatures are set to weigh on electricity consumption, two people aware of the development said. The previously projected peak of 269 GW for June was
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Global concern over China’s control of critical mineral exports intensified this week, as a growing list of automakers and governments sounded the alarm over mounting supply disruptions. Beijing’s decision to impose strict curbs on rare earth magnet exports, which are vital for electric and petrol vehicles, defence equipment, and clean energy systems, has begun to
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The World Travel & Tourism Council (WTTC) is forecasting a ‘record-breaking’ year for India’s travel and tourism sector this year, with its economic contribution set to reach over ’22 lakh crore in 2025, whilst employment in the sector is expected to reach more than 48 million. International visitor spending is expected to reach ‘3.2 lakh
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The Allahabad High Court has dismissed Patanjali Ayurved Limited’s petition challenging Rs 273.50-crore goods and service tax (GST) penalty. A division bench comprising Justices Shekhar B Saraf and Justice Vipin Chandra Dixit rejected Patanjali’s argument that such penalties constitute criminal liability and can be imposed only after a criminal trial. The bench was of the
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New Delhi: The PNGRB is set to penalise city gas distribution companies for falling significantly short of their targets-achieving, in some cases, as little as 2% of cumulative goals-for connecting households with piped natural gas (PNG), according to people familiar with the matter. Companies that secured licences during the 9th, 10th, 11th and 11A bidding
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French pharma group Sanofi has agreed to buy US-based Blueprint Medicines Corporation, a biopharmaceutical company specializing in systemic mastocytosis, a rare immunological disease, the companies said on Monday. Under the terms of the acquisition, Sanofi will pay $129.00 per share in cash, representing an equity value of approximately $9.1 billion. The acquisition “represents a strategic
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