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  • The fight for a 48-hour week shouldn’t be forgotten by those demanding unduly long work hours November 20, 2023 09:16 AM IST

    The fight for a 48-hour week shouldn’t be forgotten by those demanding unduly long work hours

    It is perfectly acceptable for individuals who have significant financial rewards tied to long hours to voluntarily put in any number of hours they wish to. Individuals driven by a passion to make the world a better place are also known to work long hours. But to advocate such long hours for everyone is nothing short of an exhortation to return to the exploitative practices of the early days of the Industrial Revolution

  • Will the rally in small PSU bank shares sustain? November 18, 2023 07:04 AM IST

    Will the rally in small PSU bank shares sustain?

    Expert expects to see derating in smaller PSBs as the surge in other income, the primary driver of superior RoE (return on equity) in FY23 could be transient.

  • Softbank offloads nearly Rs 740 crore worth of shares in Delhivery November 17, 2023 11:42 PM IST

    Softbank offloads nearly Rs 740 crore worth of shares in Delhivery

    With this deal, the total shareholding of SVF in Delhivery seems to have dropped to around 12 percent, now.

  • Alibaba's Troubles: Who wants to catch Jack Ma’s falling knife? November 17, 2023 04:43 PM IST

    Alibaba's Troubles: Who wants to catch Jack Ma’s falling knife?

    While Ma is no longer actively involved in Alibaba’s operations, his decision to sell more of his stake is a chilling reminder that the firm doesn’t have a controlling shareholder at the top, just when billions of dollars need to be spent to move into new fields such as generative AI

  • IREDA IPO: Will increase lending to new clean energy segments, says CMD November 17, 2023 09:06 PM IST

    IREDA IPO: Will increase lending to new clean energy segments, says CMD

    Chairman and Managing Director Pradip Kumar Das says IREDA is India's largest pure-play green financing entity, and the company is eyeing new business opportunities and requires a fair amount of capital. The IPO opens on Nov 21 and closes on Nov 23.

  • Upholding Corporate Conscience: Why India needs a robust fraud prevention framework November 17, 2023 03:54 PM IST

    Upholding Corporate Conscience: Why India needs a robust fraud prevention framework

    Embracing rigorous governance, continuous education, and vigilant oversight is not just a corporate mandate but a societal imperative. It is a commitment to ensuring that the pillars of our economy are fortified against the insidious challenges of misconduct

  • If learning is the answer, where is the ROI? November 17, 2023 03:50 PM IST

    If learning is the answer, where is the ROI?

    Companies spend two percent of budgets on learning. The Board seems to be asking, what and where is the return on investment? A roadmap is firstly to redefine impact, and then to link impact to hard business outcomes and key performance indicators

  • SBI to soon launch 'Yono Global' app in Singapore and US November 17, 2023 12:50 PM IST

    SBI to soon launch 'Yono Global' app in Singapore and US

    "We are continuing to invest in Yono Global to offer the best services available as we want to give superior experience to our customers, Krishnan told PTI".

  • Made-in-India Honda Elevate to debut in Japan next year November 17, 2023 12:38 PM IST

    Made-in-India Honda Elevate to debut in Japan next year

    It would be the first instance that a product manufactured by Honda Cars India Ltd (HCIL), a wholly-owned unit of the Japanese firm, will be exported to the highly regulated Japanese market.

  • Shifting Gears: Advancing from ease of starting to ease of running a business November 17, 2023 11:10 AM IST

    Shifting Gears: Advancing from ease of starting to ease of running a business

    The next wave of reforms to remove structural bottlenecks must shift its attention towards creating an environment of swift inquiries and prosecution

  • Citi to team up with Indian Bank to support female entrepreneurs, CEO Jane Fraser says November 17, 2023 10:08 AM IST

    Citi to team up with Indian Bank to support female entrepreneurs, CEO Jane Fraser says

    Fraser touted Citigroup’s clients in 160 countries and jurisdictions and emphasized their dependence on trade and supply chains, noting that “geopolitical and macroeconomic shocks that we’ve had of late” have made it harder to source and move manufactured goods.

  • India seeks to restart stalled Adani coal imports probe November 17, 2023 09:48 AM IST

    India seeks to restart stalled Adani coal imports probe

    The Directorate of Revenue Intelligence since 2016 has been trying to procure transaction documents related to Adani's dealings from Singapore authorities.

  • Piyush Goyal meets CEOs of Micron Technology & YouTube, interacts with VCs from Silicon Valley November 16, 2023 05:18 PM IST

    Piyush Goyal meets CEOs of Micron Technology & YouTube, interacts with VCs from Silicon Valley

    During the interaction, Piyush Goyal shared his vision for the Indian startup ecosystem and urged the entrepreneurs and VCs present to contribute and help India’s young talent working in critical and emerging technological areas such as AI

  • Dr Reddy’s rolls out wearable migraine management device in India November 16, 2023 02:50 PM IST

    Dr Reddy’s rolls out wearable migraine management device in India

    Nerivio is a drug-free wearable and intended for acute and prophylactic (preventive) migraine in patients aged 12 years and above

  • Vedanta's arm sets up new unit in Saudi Arabia for copper business November 16, 2023 02:38 PM IST

    Vedanta's arm sets up new unit in Saudi Arabia for copper business

    "Malco Energy Ltd, a wholly-owned subsidiary of the Company, has incorporated a new wholly-owned Subsidiary in the name of 'Vedanta Copper International VCI Company Limited," metal and mining giant Vedanta said in a filing to BSE.

  • We're playing for next decade and decade after that, says Metro Brands CEO Nissan Joseph November 16, 2023 02:40 PM IST

    We're playing for next decade and decade after that, says Metro Brands CEO Nissan Joseph

    The CEO added that consumers are also beginning to see value in purchasing premium footwear as it not only looks good but also lasts long

  • EaseMyTrip – Time to take this flight? November 16, 2023 02:39 PM IST

    EaseMyTrip – Time to take this flight?

    Strategic shift with sole focus on profitability

  • PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD November 16, 2023 01:16 PM IST

    PTC India to be debt free post divestment of PTC Energy to ONGC, says CMD

    PTC India in October announced that the upstream firm ONGC had emerged as the successful bidder for acquiring its 100 per cent stake in PTC Energy for an enterprise value of Rs 2,021 crore.

  • From being on verge of exiting renewables, Mahindras now aiming 5x growth November 16, 2023 01:18 PM IST

    From being on verge of exiting renewables, Mahindras now aiming 5x growth

    A key change which prompted the rejig in plans and indeed opting for a ramp-up was introduction of the infrastructure investment trusts (Invits), Mahindra and Mahindra's managing director and chief executive Anish Shah said.

  • India's semiconductor sector provides huge business opportunities to Micron: Piyush Goyal November 16, 2023 01:16 PM IST

    India's semiconductor sector provides huge business opportunities to Micron: Piyush Goyal

    The minister is in San Francisco for the Indo-Pacific Economic Framework (IPEF) meeting.

  • Reliance JioCinema signs up Pokemon in kids entertainment push November 16, 2023 10:51 AM IST

    Reliance JioCinema signs up Pokemon in kids entertainment push

    The deal, signed this month, will make JioCinema's streaming app the "exclusive" India platform partner for more than 1,000 episodes and around 20 movies of the Japanese anime series, one of the sources said, without disclosing any financial details.

  • GAIL India issues swap tender for 24 LNG cargoes in 2025 November 16, 2023 09:29 AM IST

    GAIL India issues swap tender for 24 LNG cargoes in 2025

    India's largest gas distributor is offering two cargoes per month, from January to December, for loading from Sabine Pass on a free-on-board (FOB) basis.

  • Gland Pharma gets tentative USFDA nod for blood pressure medication November 15, 2023 12:21 PM IST

    Gland Pharma gets tentative USFDA nod for blood pressure medication

    Gland Pharma believes that it is the only company with first to file for this product and may be eligible for 180 days of generic drug exclusivity.

  • USFDA flags cleanliness, procedural issues at Dr Reddy's Bachupally unit in Hyderabad November 15, 2023 11:32 AM IST

    USFDA flags cleanliness, procedural issues at Dr Reddy's Bachupally unit in Hyderabad

    Earlier, Dr Reddy's Laboratories Ltd said the USFDA has issued a Form 483 with 10 observations for its biologics manufacturing facility located in Hyderabad's Bachupally.

  • HCLTech names Sonia Eland as country manager for Australia, New Zealand operations November 14, 2023 01:10 PM IST

    HCLTech names Sonia Eland as country manager for Australia, New Zealand operations

    Sonia Eland takes over from Michael Horton, who moves into a consulting role after a stint of close to 10 years, during which he helped establish HCLTech as a digital technology services partner in Australia and New Zealand, the company said in a release.