Trump administration starts process to transfer $725 million to UN
Business Line - Homeby Reuters·9h ago
W The Trump administration has started the process to transfer $725 million to the United Nations, a congressional notification seen by Reuters showed, a move aid experts said was a welcome step...
Joyalukkas, Kalyan bag TN govt order to gift gold rings to 4.41 lakh newborns
Business Line - Homeby Chitra Narayanan; Sindhu Hariharan·10h ago
Making 4.41 lakh gold rings may sound like a massive order for most jewellers, but for Kerala-based Joyalukkas and Kalyan Jewellers, it is a chance to combine economies of scale, brand visibility...
Colgate bets on veteran Manish Anandani to power its next growth engine
Business Line - Homeby Amit Vijay Mohile·10h ago
Colgate has reached into its past for its next CEO. The oral care leader has brought back 13-year company veteran Manish Anandani as Managing Director and CEO, effective September 28, succeeding...
Symbiotec Pharmalab raises Rs 526 crore from anchor investors ahead of IPO
Business Line - Homeby PTI·10h ago
Pharma and biotech company Symbiotec Pharmalab Ltd on Friday raised Rs 526 crore from anchor investors days before the opening of its initial public offering (IPO).
Editorial. Resource guzzlers
Business Line - Home·10h ago
Protests over data-centre projects in Maharashtra and Andhra Pradesh are a warning India should not ignore.
SEBI proposes FICPs to take online bond investing to smaller cities
Business Line - Homeby BL Mumbai Bureau·10h ago
The Securities and Exchange Board of India (SEBI) on Friday proposed introducing a network of Fixed Income Channel Partners (FICPs) to bring online bond investing to smaller cities, and also...
Starlink’s entry into India will assure rural connectivity, says Elon Musk
Business Line - Homeby Vallari Sanzgiri·11h ago
Satellite communication service provider Starlink will connect the hinterlands of India, as per Founder Elon Musk in an X post on Friday even as the company continued to struggle with required...
Bank of Baroda raises $400 million through 5-year senior unsecured notes
Business Line - Homeby BL Mumbai Bureau·11h ago
Bank of Baroda on Friday said it has concluded the issuance of an additional US$ 400 million in Senior Unsecured Reg-S Fixed Rate Notes with a 5-year maturity and a 5.318 per cent coupon payable...
Retail F&O gets younger as trading outpaces equity wealth
Business Line - Homeby Akshata Gorde·11h ago
India’s retail F&O market is getting younger, with traders below 40 now accounting for nearly four out of every five individual participants while generating over half of derivatives turnover...
India rules out sugar import from Pakistan despite duty-free window
Business Line - Homeby Amiti Sen·11h ago
India will not allow sugar imports from Pakistan despite its decision to permit duty-free imports of raw sugar to augment domestic supplies, with the government signalling that the existing trade...
PNGRB authorises 1,800 km of new LPG pipelines with ₹7,000 crore investment
Business Line - Homeby Rishi Ranjan Kala·11h ago
The Petroleum and Natural Gas Regulatory Board (PNGRB) said on Friday that it has authorised roughly 1,800 km of new LPG pipeline infrastructure to strengthen India’s energy security at an...
Crypto investor sentiment remains damp despite uptick in Bitcoin pricing
Business Line - Homeby Vallari Sanzgiri·11h ago
Young investors in the cryptocurrency space are recording a buy to sell ratio of 0.65, as per Q2 data, stressed by macro uncertainty and a preference to actively realise gains.
After three decades, lotus blooms again in Wular Lake, reviving hopes for ecology and livelihoods
Business Line - Homeby Gulzar Bhat·11h ago
Ghulam Qadir gazed across Wular Lake at the lotus flowers rising above its waters, a sight he had almost forgotten after decades of watching the lake’s ecological decline.
Anil Balaji Steel plans to acquire steel manufacturing facilities in UP, Odisha
Business Line - Homeby BL Kolkata Bureau·11h ago
Anil Balaji Steel, that manufactures rolling shutter gates and steep pipes, is planning to acquire two manufacturing facilities in Uttar Pradesh and Odisha.
Number of unincorporated establishments grew by over 9% in April-June
Business Line - Homeby BL New Delhi Bureau·11h ago
Unincorporated establishments grew by over 9 per cent in the April-June quarter, a report by Statistics Ministry released on Friday showed. During this period, employment grew by over 6.5 per cent.
Poor-quality medical devices being sold in India, stronger finished-product testing needed, says Pharma Secretary
Business Line - Homeby Ankita Upadhyay·11h ago
Too may poor quality medical device products are being made and sold in India and the regulatory system is not able to control all of them, said Department of Pharmaceuticals Secretary Manoj Joshi...
DRDO transfers submarine decoy, LM2500 gas turbine technologies
Business Line - Homeby BL New Delhi Bureau·11h ago
The Defence Research and Development Organisation’s (DRDO’s) Naval Science & Technological Laboratory (NSTL) has signed two Licensing Agreements for Transfer of Technology (LAToT) with a...
Tata Motors PV hikes car prices for third time since April
Business Line - Homeby Amit Vijay Mohile·11h ago
Tata Motors Passenger Vehicles on Friday said it will raise prices of its cars and SUVs by up to ₹25,000 from September 1, marking its third revision in five months as rising input costs squeeze...
Centre notifies ₹62,500 crore mobile phone manufacturing scheme
Business Line - Homeby S Ronendra Singh·11h ago
The government on Friday notified the ₹62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to provide production-linked incentives (PLI) for manufacturing mobile phones in India and to support...
India’s foreign exchange market will be ready when its deep enough to absorb global shocks: RBI Deputy Governor
Business Line - Homeby BL Mumbai Bureau·11h ago
India’s foreign exchange market will be ready for the next decade when it is deep enough to absorb global shocks, flexible enough to support new forms of trade and investment and disciplined enough...
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