The year of tech: A rewind of the major happenings of the tech world in 2023
There are decades where nothing happens, and then there are weeks where decades happen.” This quote, attributed to Russian communist revolutionary Vladimir Lenin, loosely applies to the world of tech in the context of the year we are bidding adieu…
Sugar stocks weather exports curbs
The stock prices of the major sugar companies have not been impacted much by the recent government’s decision to restrict sugar exports beyond October 31, presumably because the decision was largely anticipated by the investors. The stock prices of Triveni…
Lack of contribution to network costs from large traffic generating digital players a challenge: COAI
The telecom industry faces a “major challenge” as large traffic-generating digital platforms do not contribute to network costs, COAI said on Friday asserting that the “conundrum” is placing undue burden on telcos, hampering their financial sustainability and impeding further investments…
Better profitability to support corporate rating headroom: Fitch
Profit margins of domestic companies are likely to swell by 290 basis points over FY23 levels, boosted by lower raw material costs and rising volume led by local demand, despite faster capacity additions in some industries, which will lead to…
India’s economic growth to boost demand of corporates: Fitch Ratings
Leading credit rating firm Fitch Ratings expects that India’s resilient economic growth will boost demand of the corporates. In its latest research report on ‘India Corporates: Sector Trends 2024’, Fitch said that this is a sequel to the robust performance…
Paramount in talks to sell BET network to management group
Paramount Global is in talks to sell its Black Entertainment Television network to a management-led investor group, according to people with knowledge of the discussions. The potential buyers include BET chief executive officer Scott Mills and Chinh Chu, a former…
Course correction or last roll of the dice? The many battles of Nitish Kumar
Call it the Mallikarjun Kharge effect or the fallout of a reported telephonic conversation with Congress leader Rahul Gandhi or a tactful ploy to foil any future bids by other Opposition factions ahead of the 2024 Lok Sabha elections, the…
VRR auction gets Rs 4.25-trn bids from liquidity-starved banks
The seven-day variable rate repo (VRR) auction, held by the Reserve Bank of India (RBI) on Friday, witnessed a robust response, as banks submitted bids totalling Rs 4.25 trillion, which is approximately 2.5 times the notified amount of Rs 1.75…
Indian real estate market achieves record growth in 2023, surpassing projections
The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. This dynamic market is now a beacon of opportunities for both domestic and international investors, propelling the economy to greater heights. Inflows…
JLF 2024 lines up literary luminaries
By Mitali Pulitzer Prize-winning luminary Hernan Diaz, alongside distinguished figures such as art critic and writer Katie Kitamura, former RBI governor Raghuram Rajan, journalist-novelist Raj Kamal Jha, and cultural commentator Mary Beard will grace the 17th edition of the Jaipur…
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