Business

» Auto updated continuously

• Source limited to: Business Standard

 2022-11-30 18:26 

Business Standard

Online food delivery platform DoorDash announces 1,250 employee lays offs...

Online food delivery platform DoorDash on Wednesday said it is laying off around 1,250 employees....

 2022-11-30 18:24 

Business Standard

Covid-19 laid bare elements of inequalities in India, says P Sainath...

The Covid-19 pandemic was an "extraordinary revelatory moment" in the history of India when the elements of inequalities in the society were laid bare, columnist and writer P Sainath said on Wednesday.Sainath said even though the inequalities exis...

 2022-11-30 18:22 

Business Standard

Infrastructure finance co IDFC AMC gets Sebi nod for change in ownership...

Markets regulator Sebi has approved the acquisition ofIDFC Asset Management Company Limited (IDFC AMC) by a consortium comprising Bandhan Financial Holdings Limited, GIC and ChrysCapital.In a release on Wednesday, IDFC AMC said the proposed deal has been ...

 2022-11-30 18:21 

Business Standard

Delhi excise policy a 'device' to generate illegal funds by AAP leaders: ED...

AAP leaders, some of whom are part of the government, considered the Delhi excise policy as a "device" to generate illegal funds at the cost of the state exchequer, the Enforcement Directorate (ED) told a local court Wednesday.It also said that at...

 2022-11-30 18:21 

Business Standard

TCS secures contract to develop UK's rail data marketplace...

The digital marketplace will bring together fragmented sources of rail data into one digital service, to accelerate innovation in the transport sector and enhance the passenger experience...

 2022-11-30 18:20 

Business Standard

Sebi suspends Karvy's registration for flouting portfolio managers rule...

Market regulator Sebi on Wednesday suspended the registration certificate of Karvy Stock Broking Ltd (PMS Karvy) as a portfolio manager for one month for flouting regulatory norms.In its order, the markets regulator said that Karvy Stock Broking Ltd or PM...

 2022-11-30 18:19 

Business Standard

MPL bans over a million accounts in 2022 to promote fair gameplay...

According to the company, these are not temporary suspensions but permanent bans of these users from the system...

 2022-11-30 18:18 

Business Standard

Spain starts new code for manufacturers to avoid sexism in ads for toys...

Spain said Wednesday it's enacting a new ethics code to discourage toy manufacturers from using sexist stereotypes such as dolls for girls and action figures for boys in advertisements as the Christmas season kicks off.A government statement said the ...

 2022-11-30 18:16 

Business Standard

BSF procures 2 SUV-mounted jammers, 100 drones, over 1,400 thermal imagers...

The BSF has procured two SUV-mounted jammers, more than 1,400 hand-held thermal imagers and about 100 drones for surveillance and security activities along important Indian frontiers with Pakistan and Bangladesh, a senior officer said Wednesday.The Border...

 2022-11-30 18:16 

Business Standard

TVS, Bajaj notch up over 10k registrations of electric two-wheelers in Nov...

The two incumbent players now account for 15% share of registrations, while Ola Electric continues to lead the market...

 2022-11-30 18:13 

Business Standard

Market regulator Sebi bars FWCS, its directors from markets for 1 year...

Markets regulator Sebi has barred Fingravy Wealth Creation Services (FWCS) and its directors from the securities markets for 1 year for providing unauthorised advisory services.The order came after Sebi passed an ex-parte interim order dated January 14, 2...

 2022-11-30 18:11 

Business Standard

Wipro Lighting enters into exclusive partnership with Aura Air...

Wipro Lighting has entered into an all-India exclusive partnership with Israel-based public company Aura Air, which makes air purifiers, the company said on Wednesday.The arrangement will provide Wipro Lighting exclusive access to all enterprise offerings...

 2022-11-30 18:11 

Business Standard

Esports tournament platform Gamerji raises $3 mn in pre-series A funding...

Funds raised will be used for the company's foray into Southeast Asian markets, starting with Indonesia and Philippines...

 2022-11-30 18:10 

Business Standard

BPM solutions provider WNS opens second delivery center in Visakhapatnam...

The new center will further strengthen WNS' existing capabilities in delivering digital-first industry-specific solutions for diverse industries, including Shipping and Logistics, etc...

 2022-11-30 18:09 

Business Standard

Defence Min extends pension payment for pensioners who migrated to SPARSH...

The Ministry of Defence on Wednesday said it has approved the extension of pension payment for three months for pensioners who migrated to its SPARSH platform and whose identification was due in November.The System for Pension Administration (Raksha) or S...

 2022-11-30 18:08 

Business Standard

Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba...

Prior to the stake sale, Alipay held 6.7 per cent stake in Zomato while affiliate firm Antfin holds another 6.6 per cent share in the foodtech giant...

 2022-11-30 18:06 

Business Standard

US job openings fell in October to still-high level as Fed ramps up rates...

US job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy.Employers posted 10.3 million job vacancies in October, dow...

 2022-11-30 18:06 

Business Standard

Sundaram Finance looks to grow AUM beyond Rs 50,000 crore in 3 years...

The Chennai-based non-banking finance company is looking to scale up SME lending share to 8-10 per cent share from present two per cent over the medium term...

 2022-11-30 18:05 

Business Standard

RBI authorises Tamilnad Mercantile Bank to undertake government business...

Private sector lender Tamilnad Mercantile Bank (TMB) on Wednesday said it has been authorised by the Reserve Bank of India to undertake government business on behalf of the banking regulator.An agreement in this connection was signed by the bank with RBI ...

 2022-11-30 18:04 

Business Standard

NSE IFSC-SGX Connect full scale operation targeted for Q2 of 2023...

Currently, 14 SGX Clearing Members have been onboarded for the transition...

 2022-11-30 18:04 

Business Standard

Kejriwal's draws massive crowd in roadshow; promises corruption-free MCD...

AAP National Convenor Arvind Kejriwal led a roadshow from Malka Ganj Chowk near Kamla Nagar to Ghanta Ghar Chowk and addressed a Jan Sabha on Wednesday...

 2022-11-30 18:02 

Business Standard

MCD polls: 493 micro observers deployed at sensitive polling locations...

The State Election Commission on Wednesday deployed 493 micro observers at sensitive and hypersensitive polling locations in Delhi ahead of the December 4 civic polls, officials said.These micro observers will remain stationed at these locations throughou...

 2022-11-30 18:00 

Business Standard

HC fixes Dec 5 for hearing on Gyanvapi mosque committee's plea...

The Allahabad High Court on Wednesday fixed December 5 for further hearing on a Gyanvapi masjid management's revision petition challenging a Varanasi court order on the maintainability of a plea seeking permission to offer regular prayers to idols of ...

 2022-11-30 17:58 

Business Standard

Delhi sees lowest number of severe air quality days in Nov since 2015: CPCB...

Delhi logged just three 'severe' air quality days in November this year, the lowest since 2015, when the Central Pollution Control Board started maintaining Air Quality Index data.The monthly average Air Quality Index (AQI) stood at 320, the secon...

 2022-11-30 17:53 

Business Standard

TCS bags Rail Delivery group contract to create UK Rail Data Marketplace...

IT major Tata Consultancy Services on Wednesday said that it has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketplace.The contract between TCS and RDG (Rail Data Marketplace) is for a term of...

 2022-11-30 17:51 

Business Standard

E-marketplaces projected to see enterprise value zoom over 3 times...

The report projects that the enterprise value of the companies would go up from $150-200 billion currently to $500 billion by 2027...

 2022-11-30 17:49 

Business Standard

D-Street throws Thanksgiving party in November; Sensex, Nifty up 10%...

The rally was underpinned by strong inflows from foreign portfolio investors (FPIs)...

 2022-11-30 17:47 

Business Standard

German Chancellor likely to visit India twice next year: Ambassador...

German Chancellor Olaf Scholz is likely to visit India twice next year as the two countries look to strengthen bilateral relations with an emphasis on green and sustainable development."The Chancellor is planning a bilateral visit to India next year.....

 2022-11-30 17:47 

Business Standard

Govt plans pilots on new direct benefit transfer model for fertilisers...

Currently, the version of DBT in fertilisers involves farmers purchasing their fertilisers through point of sale (PoS) devices after undergoing Aadhaar authentication...

 2022-11-30 17:45 

Business Standard

Social Justice Council calls for awareness among people to prevent crimes...

Lack of awareness in society leads to an increase in criminal activities, said National Human Rights Social Justice Council chairperson Navneet Kaur...

 2022-11-30 17:44 

Business Standard

Jiang Zemin, the first Chinese President to visit India, passes away...

Jiang Zemin, China's first head of state to have visited India in 1996 and heralded a new era of constructive cooperation between the two countries by signing a crucial agreement to reduce the tensions along their disputed border, passed away on Wedne...

 2022-11-30 17:42 

Business Standard

Online British fashion retailer Boohoo partners with India's Myntra...

Online fashion retailer Boohoo said on Wednesday it was entering the Indian market through a deal to feature its brands on Walmart Inc-owned online fashion site Myntra...

 2022-11-30 17:40 

Business Standard

Madhya Pradesh sees two new Coronavirus cases, zero deaths reported...

Madhya Pradesh on Wednesday reported two coronavirus positive cases, but no patient succumbed to the infection during the day, an official said.With this, its tally rose to 10,54,901, while the toll remained unchanged at 10,776, he said.The recovery count...

 2022-11-30 17:38 

Business Standard

Stephanie Frappart to make World Cup history as first woman referee...

French referee Stphanie Frappart will become the first woman to take charge of a men's World Cup game when she handles Germany vs. Costa Rica on Thursday in Qatar.FIFA also picked two women as assistants to Frappart Neuza Back of Brazil and Mexico'...

 2022-11-30 17:37 

Business Standard

First-ever Tribal Winter Festival held in Jammu-Kashmir's Bandipora...

A first of its kind Tribal Winter Festival was held in Bandipora district of Jammu and Kashmir on Wednesday, an official spokesperson said.Organised by the district administration in collaboration with various departments at Ketson, the festival witnessed...

 2022-11-30 17:35 

Business Standard

Reliance Industries seeks shareholder nod to alter MoA for EPC undertaking...

Move comes following approval by RIL board in October to restructure the business; company also seeking shareholder nod for appointment of KV Kamath as RIL independent director...

 2022-11-30 17:24 

Business Standard

In 2022, world-topping $100 billion in remittances have come to India...

Remittance flows to India will rise 12 per cent to reach $100 billion this year, according to a World Bank report published on Wednesday...

 2022-11-30 17:20 

Business Standard

Making economics palatable...

In Edible Economics, Ha-Joon Chang takes a global approach to food to deliver a stinging critique of the neoclassical order...

 2022-11-30 17:19 

Business Standard

Sri Lanka inflation dips marginally to 61% in November from 66% in Oct...

Sri Lanka's key inflation rate dipped marginally to 61 per cent in November, down from 66 per cent in October, the country's statistics office said on Wednesday, as the crisis-hit economy showed signs of recovery.The 12-month inflation by the Colo...

 2022-11-30 17:11 

Business Standard

Identifying an offshore investor...

FPIs incorporated under different structures in different jurisdictions create regulatory loopholes and make it difficult to identify the true beneficiary of foreign investing entities...

 2022-11-30 17:06 

Business Standard

Wheat, flour prices soar, expected to remain high till new crop arrives...

In the past one month, prices of wheat and flour have soared by 5% and 4%, respectively, and commodity watchers expect them to remain high till the new crop arrives...

 2022-11-30 17:06 

Business Standard

Today, India commences its G20 presidency...

Let's make India's presidency one of healing, harmony, and hope...

 2022-11-30 17:03 

Business Standard

Sebi brings in net settlement of cash, F&O segment upon expiry of stock...

Capital markets regulator Sebi on Wednesday introduced the mechanism of net settlement of cash and Futures & Options (F&O) segment upon expiry of stock derivatives.The move is aimed at providing better alignment of cash and derivatives segment, mitigation...

 2022-11-30 17:00 

Business Standard

Fraudsters using villagers' data to open accounts for cyber crimes...

Bank account holders need to be careful while sharing their personal details with unknown persons as it has been found that fraudsters open fake accounts in the name of villagers and tribals...

 2022-11-30 16:57 

Business Standard

India Q2FY23 GDP: Looking beyond the noise...

The Q2FY23 GDP numbers are unlikely to change the policy focus of RBI from withdrawing accommodation, with growth being in line with expectations...

 2022-11-30 16:57 

Business Standard

Exploring ways to bring policies for supporting startups: TN IT Minister...

The Tamil Nadu government is exploring the possibilities of bringing in policies aligned to support startups and overall technology ecosystem, state Minister T Mano Thangaraj said on Wednesday.The Minister for Information Technology and Digital Services s...

 2022-11-30 16:57 

Business Standard

Re-design and deliver...

Govt crop insurance scheme needs radical rethink...

 2022-11-30 16:55 

Business Standard

Make women capable of taking care of themselves: Kerala HC to authorities...

The state and public authorities must endeavour to make girls and women competent to take care of themselves rather than locking them in, the Kerala High Court has said regarding the restricted movement in the women's hostel of Kozhikode Medical Colle...

 2022-11-30 16:52 

Business Standard

BSF camel contingent for next Republic Day parade will include women...

The Republic Day parade on January 26 next year will witness the BSF's first-ever women contingent riding camels along with their male counterparts, a top officer said on Wednesday.The famed camel contingent of the Border Security Force has been a par...

 2022-11-30 16:50 

Business Standard

Growth challenges...

Manufacturing sector decline needs policy support...

  • Need an account?  
    or