EV makers urge govt to ease PLI norms, expand charging infra

New Delhi (IANS) As India begins the journey to popularise the adoption of electric vehicles, leading EV startups said on Thursday that the government should not only introduce standardised EV charging infrastructure across the country but also ease…

Equities fall sharply on US Fed's rate hike guidance; Titan top loser

New Delhi (IANS) The Indian equities fell well over one per cent in early trade on Thursday after the US Fed's Federal Open Market Committee said that it was ready to tighten monetary policy through rate hike.

In its latest meeting on Wednesday,…

James Murdoch, Uday Shankar likely to acquire 40 percent stake in Viacom18

New Delhi (IANS) US-based media conglomerate ViacomCBS Inc is likely to sell a significant stake in its joint venture with the media and entertainment arm of Reliance industries to Uday Shankar, the former Chairman of Star India and President of Walt…

Dalal Street looks for abolition of STT

New Delhi (IANS) The biggest positive trigger for Dalal Street in the upcoming Union Budget 2022 could be any abolition of Securities Transaction Tax (STT).

Market participants will also look forward to re-examination of laws dealing with withholding…

Global Woes: Over Rs 3K cr FII funds outflow plunge Indian equities

Mumbai (IANS) A massive flight of foreign capital along with prospects of a global conflict in Europe heavily battered Indian equities on Monday.

Besides, high oil prices, upcoming budget and lacklustre quarterly results added to the volatility…

Swiggy raises $700 mn, becomes 5th Indian decacron

New Delhi (IANS) Food delivery platform Swiggy on Monday said it has raised $700 million led by Invesco, which will be utilised to scale its overall business along with giving a boost to its quick-commerce grocery service Instamart. At a $10.7 billion…

Rama Bijapurkar penalised for 'inadvertent trade' after resigning from ICICI Bank board

New Delhi (IANS) Consumer markets consultant and then independent director, Rama Bijapurkars independent financial adviser purchased 4,900 equity shares of ICICI Bank in her account without prior intimation to her when the trading window was closed…

Demand for office space up 50 percent in 2021 led by startups, tech cos: Colliers

New Delhi (IANS) Demand for office space in Delhi NCR region has grown 50 per cent year-on-year in 2021, majorly due to strong absorptions by startups and technology firms, said global real estate consultancy firm Colliers.

In 2021, total absorption…

Witnessing gradual recovery in CV segment demand says Tata Motors

New Delhi (IANS) The Centre's accelerated infra push along with healthy demand from the e-commerce sector has led to a gradual recovery in the commercial vehicle (CV) segment, said automobile major Tata Motors.

Notably, the segment went…

Industry Speaks: Make travel expenses deductible under IT returns in Budget FY23

New Delhi (IANS) India's hotel and restaurant industry has urged the Centre to make travel expenses deductible under IT returns in Budget FY23.

Notably, the sector has been heavily battered due to the Covid-19 pandemic and the subsequent…