Solar power grid on break water comes up at Adani's Kattupalli Port
Chennai, May 19 (IANS) Adani Group's Kattupalli Port near here has created history by using breakwater rock area for setting up an on-grid solar generation plant.
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Business 11:30 PM'Double-digit wholesale inflation to deteriorate MSMEs' working capital'
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Business Immigration/Law 10:50 PMOver 33 lakh cheque bounce cases pending, SC to set up special courts
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Kannur Airport reeling under heavy losses
Thiruvananthapuram, May 19 (IANS) Kerala's fourth and the biggest of all airports -- the Kannur International Airport Limited ( KIAL) -- is reeling under heavy losses.
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Leather industry should target net-zero carbon footprint : Jitendra Singh
Chennai, May 19 (IANS) The Indian leather industry should move towards net-zero carbon footprint to meet environmental norms, Union Science and Technology Minister Dr Jitendra Singh said on Thursday.
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Europe, UK markets fall as growth fears rattle investors
Business 08:59 PMLondon, May 19 (IANS) Fears about rising prices and slowing economies have spread to the UK and European stock markets following sharp falls in the US and Asia, BBC reported.
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IRDAI applies brakes on vehicle insurers' misleading advertisements
Business 07:38 PMChennai, May 19 (IANS) Applying brakes on general insurers taking vehicle owners for a ride, insurance regulator IRDAI on Thursday asked the industry to desist from issuing misleading advertisements.
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Samsung to show cutting edge 3-nm chip to Joe Biden during campus visit
Seoul, May 19 (IANS) Samsung Electronics is expected to showcase one of its most advanced chipmaking technologies to US President Joe Biden when he visits its Pyeongtaek campus this week, sources said on Thursday.
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Discontent brews afresh in banks, strikes in May-end
Mumbai, May 19 (IANS) Bank employees are again on the warpath with several major unions of different banks threatening to go on a one or two-day strike in May-end, activists said here on Thursday.
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Tata vs Mistry: SC dismisses Mistry's review petition against March 2021 judgment (Lead)
New Delhi, May 19 (IANS) The Supreme Court on Thursday dismissed review petitions filed on behalf of Cyrus Investments Pvt Ltd and Sterling Investments Pvt Ltd, seeking review of the apex court's March 2021 judgment upholding the Tata Group's decision to remove Cyrus Mistry as executive Chairman of Tata Sons.
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To cushion-proof drivers from rising fuel costs, Uber India hiked ride fares
New Delhi, May 19 (IANS) Among the measures to cushion drivers from the impact of rising fuel prices across many cities in the country, Uber India raised fares in the last few weeks, its Director of Central Operations Nitish Bhushan said on Thursday.
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Co-working space saw highest growth in net absorption in FY22: Anarock
Business 06:02 PMNew Delhi, May 19 (IANS) Post the pandemic, it was widely anticipated that co-working would soon be issued a death certificate. Like many others, this prediction fell flat as the "new normal" has caused coworking spaces to emerge as one of the best options for adopting a hybrid model at offices.
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RBI MPC minutes reiterate need for frontloaded actions: Kotak Securities report
Business 05:42 PMNew Delhi, May 19 (IANS) Members of the the Reserve Bank of India's Monetary Policy Committee (MPC) highlighted concerns of spillovers from global inflation emanating from ongoing geopolitical conflicts and supply-side disruptions, besides acknowledging the need for reasonable policy actions to tame inflation, said brokerage house Kotak Securities in a report.
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Equities slump tracking weak US markets, rupee closes at new low
Business 05:25 PMNew Delhi, May 19 (IANS) Indian equity benchmark indices declined sharply lower and settled in the red on Thursday in line with weakness in the US markets.
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Netflix actually losing long-term paid subscribers: Report
San Francisco/New Delhi, May 19 (IANS) Netflix is fast losing long-term subscribers -- who have been with the streaming service for more than three years - further adding to its woes as the company faces stalled growth amid revenue slowdown.
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S. Korea's Presidential office says IPEF does not seek to exclude China
Seoul, May 19 (IANS) South Korea's presidential office on Thursday denied characterisations that the US-proposed Indo-Pacific Economic Framework (IPEF) seeks to exclude China from global supply chains.
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Zoho's enterprise IT firm ManageEngine to hire 1,000 in India this year
Bengaluru, May 19 (IANS) ManageEngine, the enterprise IT management division of tech company Zoho Corporation, on Thursday announced its plans to hire 1,000 employees in 2022 in India for development, research and development and customer-facing roles.
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Need clarity on ambiguities on GST regime on online gaming: Association
Business 02:25 PMPanaji, May 19 (IANS) The All India Gaming Federation on Thursday has called for clarity on the ambiguities on the Goods and Services Tax regime on online gaming, a day after the GST Council's Group of Ministers (GoM) recommended hiking of GST to the tune of 28 per cent on casino, race course and online gaming services.
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Another push to Haryana's auto industry, state allots land for Maruti Suzuki's third plant
Business 01:42 PMGurugram, May 19 (IANS) In yet another major push to Haryana's growth in automobile sector, the state government on Thursday signed an agreement for the allotment of land parcel to Maruti Suzuki India Ltd and Suzuki Motorcycle India Private Ltd, in which the third manufacturing facility of the automobile major will come up in industrial town Kharkhoda.
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Tata vs Cyrus Mistry: SC dismisses review petitions by Mistry against March 2021 judgment
New Delhi, May 19 (IANS) The Supreme Court on Thursday dismissed review petitions filed on behalf of Cyrus Investments Pvt. Ltd. and Sterling Investments Pvt. Ltd. seeking review of the apex court's March 2021 judgment upholding Tata group's decision to remove Cyrus Mistry as executive Chairman of Tata Sons.
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Global stock markets fall amid concern over rising prices
Business 11:48 AMLondon, May 19 (IANS) Stock markets in Asia and the US have fallen over concerns that rising prices could send the global economy into a slowdown, BBC reported.
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Telangana hikes liquor prices by 20-25%
Business 11:34 AMHyderabad, May 19 (IANS) The Telangana government has increased the liquor prices by 20 to 25 per cent to mop up revenues.
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Transparency turning into premium item in Indian insurance sector?
By Venkatachari Jagannathan
Business 11:05 AMChennai, May 19 (IANS) Mixed views were expressed by insurance industry experts on the sectoral regulators recent decisions of permitting non-life insurers, foreign reinsurer branches (FRB) and Lloyd's India not to disclose their underwriting performance or NL 40 statement to the public.
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FAO chief bats for urgent transformation of agrifood systems
Business 10:32 AMNew York, May 19 (IANS) Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, has made an urgent call for the transformation of agrifood systems, to make them more inclusive, economically viable and resilient to multiple shocks, as well as to produce better and more with less negative impact on the environment.
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Indices slump in opening deals on weak overnight cues from US
Business 09:32 AMNew Delhi, May 19 (IANS) Indian equity benchmark indices declined sharply on Thursday morning tracking weak overnight cues from the US markets.
