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Piyush Arora and Roland Folger with the Edition E. | File

Mercedes-Benz’s Piyush Arora to be new MD of Škoda Auto VW India

Special Correspondent Mr. Arora has been working in the automotive industry for more than 30 years.

6hrs

A plane flies by a cellular tower as it takes off from San Francisco International Airport on January 18, 2022 in San Bruno, California.

AT&T, Verizon to delay launch of 5G services after airlines raise alarm

AP Airlines want the new service to be banned within two miles of airport runways

Sensex, Nifty tanks around 1 % as rate hike worries hit global equities

PTI Infosys fell the most among Sensex stocks.

1hr

"The Indian rupee gained the most in a week following stronger regional currencies."

Rupee snaps 3-day losing streak, settles 14 paise higher at 74.44 against USD

PTI "The Indian rupee gained the most in a week.”

34mins

File photo for representation

Lupin ties up with China’s Fancoo Pharma

5hrs

The broadband subscribers in the country grew to 801.6 million in November from 798.95 million in October with Reliance Jio maintaining its lead in the segment, according to the TRAI. File

Reliance Jio topples BSNL as largest fixed line broadband provider

4hrs

Tight times: Some producers are struggling to pump at their allowed capacities due to underinvestment, outages.

Oil rises past 7-year high on supply fears

File photo for representation

Reliance Jio prepays ₹30,791 crore towards spectrum acquisition dues

6hrs

Representational image.

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Special Correspondent Crisil sees more organic consolidation

Representational image.

India extends another $500 million LoC to Sri Lanka for emergency fuel import

Meera Srinivasan India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the island nation facing one of its worst economic downturns. “External Affairs Minister Dr. S. Jaishankar extended this critical support in his letter addressed to the Foreign Minister of Sri Lanka Prof. G.L. Peiris,” a statement from the Indian High Commission in Colombo said, of the emergency assistance Sri Lanka had sought from India to tide over its

File photograph used for representational purposes only

Vikram Dev Dutt to head Air India

The Hindu Bureau The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

Opinion & Analysis

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Will the new e-commerce rules really favour consumers?

Prashanth Perumal The intent of the rules is unclear and there are several consumer protection rules already in place

A compromise amid uncertainty

Garimella Subramaniam The OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities

A view of the BSE building in Mumbai. File

India’s equity market bubble may burst soon

Prasenjit Bose Indranil Chowdhury With all agencies downsizing growth projections, the equity market is vulnerable to a major correction

Markets

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Sensex, Nifty tanks around 1 % as rate hike worries hit global equities

PTI Infosys fell the most among Sensex stocks.

1hr

"The Indian rupee gained the most in a week following stronger regional currencies."

Rupee snaps 3-day losing streak, settles 14 paise higher at 74.44 against USD

PTI "The Indian rupee gained the most in a week.”

34mins

Economy

See All

Tight times: Some producers are struggling to pump at their allowed capacities due to underinvestment, outages.

Oil rises past 7-year high on supply fears

Reuters Brent jumps to highest level since October 2014; analysts see shortfalls pushing prices to $100 a barrel

Representational image.

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Special Correspondent Crisil sees more organic consolidation

Industry

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Symphony Technology Group rebrands McAfee, FireEye combine as Trellix

Rupee snaps 3-day losing streak, settles 14 paise higher at 74.44 against USD

Sensex, Nifty tanks around 1 % as rate hike worries hit global equities

Microsoft to buy ‘Call of Duty’ maker Activision Blizzard for $69 billion

Reliance Jio topples BSNL as largest fixed line broadband provider

Lupin ties up with China’s Fancoo Pharma

Tesla investors urge judge to order Musk repay $13 billion for SolarCity deal

The lawsuit by union pension funds and asset managers alleges that Musk strong-armed the Tesla board into approving the deal for the cash-strapped SolarCity, in which Musk was the top shareholder.

Nazara to acquire majority stake in Datawrkz

It will acquire a 33% stake in the first tranche by April 2022.

Mercedes-Benz’s Piyush Arora to be new MD of Škoda Auto VW India

Mr. Arora has been working in the automotive industry for more than 30 years.

Reliance Jio prepays ₹30,791 crore towards spectrum acquisition dues

RJIL had executed the first tranche of prepayment in the month of October 2021 pertaining to spectrum acquired in the auction in 2016

Sensex declines by over 200 points in opening trade amid weak global trends

The 30-share barometer dropped by 208.38 points to 60,546.48 in opening trade

AT&T, Verizon to delay launch of 5G services after airlines raise alarm

Airlines want the new service to be banned within two miles of airport runways

OPEC sees well supported oil market in 2022, despite Omicron

OPEC on Tuesday stuck to its forecast for robust growth in world oil demand in 2022 despite the Omicron coronavirus variant and expected interest-rate

‘Cyberattacks surge as COVID spurs digital push’

Ransomware incidents rose 151%: WEF

Twin Star goes to SC over its Videocon bid

Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies has moved the Supreme Court challenging the NCLAT’s order that set aside its

Cost of States’ debt funds surges to 7.24%

States are shelling out more for debt funds, with the weighted average cost for their debt auctions hardening by 9 basis points to touch 7.24%, the

‘Chunk of workforce for shifting jobs’

Notwithstanding the pandemic, India’s workforce is optimistic about the future of work, and a significant percentage of professionals are considering

Oil rises past 7-year high on supply fears

Brent jumps to highest level since October 2014; analysts see shortfalls pushing prices to $100 a barrel

Reliance Retail buys 54% in Addverb Tech

Reliance Retail has acquired a 54% stake in domestic robotics company Addverb for $132 million (about ₹983 crore), a senior official of the robotic

India extends another $500 million LoC to Sri Lanka for emergency fuel import

India on Tuesday extended a $500 million-Line of Credit (LOC) to Sri Lanka for urgent fuel imports, days after providing $900 million relief to the

Dixon, boAt form JV for audio items

Imagine Marketing, which manufactures products under the brand ‘boAt’, on Tuesday announced a 50-50 joint venture with Dixon Technologies for the

Tata Motors increases PV prices

Tata Motors Ltd. has announced a price increase of 0.9% on an average on its passenger vehicles (PVs) effective January 19. The price increase would

Centre invites applications for IRDAI post

Insurance regulator without a Chairman for over eight months now

Wabco India to be renamed

Wabco India Ltd., which is into advanced braking systems, would be renamed as ZF Commercial Vehicle Control Systems India Ltd. About 99% of

Third wave to dent Housing Finance Companies' asset growth by 200 bps

Crisil sees more organic consolidation

‘Two-pronged strategy to bolster CG Power’

‘Focus on legacy, risk management’

Vikram Dev Dutt to head Air India

The appointment comes at a time the government is in the final stages of handing over the airline to Tata Sons

Sensex tanks 550 points; Nifty slumps below 18,150

Basic Materials, Telecom, Auto, Realty and Metal indices fell up to 2.76%

Rupee slumps 33 paise to close at 74.58 against U.S. dollar

"Higher crude oil prices and risk-off sentiments following a surge in bond yields are enough for the rupee to become the worst-performing currency among Asian currencies."

Interview | Akasa Air: Will get first aircraft in April, flights from May or June, says founder

The country’s newest airline will acquire 18 aircraft in the first year and focus on domestic routes, before launching international flights, says Managing Director and Chief Executive Officer Vinay Dube.

Rupee falls 18 paise to 74.43 against US dollar in early trade

At the interbank foreign exchange, the rupee opened weak at 74.36 against the U.S. dollar, then fell further to 74.43 against the greenback in early deals, registering a decline of 18 paise from the last close

Sensex gains over 135 points in early trade; Nifty tests 18,350

Sun Pharma was the top gainer in the Sensex pack, rising 1.49%, followed by ITC, Tech Mahindra, Bajaj Finserv, Bajaj Finance, PowerGrid and Axis Bank

Exports target of $650 billion within this fiscal achievable: Goyal

Commerce and Industry Minister Piyush Goyal informed that during the current month till January 15, exports have touched $16 billion.

DoT amends telecom licences to enable machine-to-machine communications

The DoT has also added a clause for provisioning of audiotex or interactive voice response service (IVRS) as part of telecom licence

‘Third wave undoes last year’s resumption gains’

Nomura cites fresh curbs as index falls

Uncertainty delays jobs recovery: ILO

The global job market will take longer to recover than previously thought, with unemployment levels set to remain above pre-COVID-19 levels until at

‘Axis closing in on Citi India’s consumer unit’

Axis Bank has emerged as the front runner to buy Citi’s consumer business in India, which is being valued at about $1.5 billion in a planned deal

VA Tech Wabag bags $100 mn contract in UAE

City-based VA Tech Wabag, a water technology multinational firm, has secured its first order in UAE valued at $100 million. The order relates to

SEBI mulls ‘alternate dispute resolution’ tool

‘Aim is to help empower investors’

M&M unveils scheme for BS 6 CVs

Mahindra’s Truck and Bus Division (MTB), part of the Mahindra Group, has announced ‘Get More Mileage or Give Truck Back’ guarantee plan for its BS 6

FADA urges GST cut for two-wheelers, used cars

‘A two-wheeler is not a luxury item’

China’s economy grows 8.1% to $18 tn

Fastest expansion since 2011 was driven by exports, consumption; slump in birth rate clouds outlook

Business is in the best shape it could ever be: HCL Tech MD

HCL Technologies CEO and MD C. Vijayakumar on Monday said business was in the best shape that it could be and the company is optimistic of a good

‘Omicron more of a flash flood than a wave, lifting prospects’

Overall economic activity strong, RBI officials say in bulletin

UltraTech Q3 profit rises 8% to ₹1,708 cr.

UltraTech Cement Ltd. reported consolidated net profit rose 8% year-on-year (YoY) to ₹1,708 crore for the third quarter ended December 2021.The profit

Third wave of COVID-19 has airlines industry looking at ₹20,000 crore net loss

Domestic air traffic has already plummeted 25% in the first week of January

Oxfam report says over 16 crore more people forced into poverty in two years of pandemic

Study showed that the pandemic has set gender parity back from 99 years to now 135 years, with women collectively losing $800 billion in earnings

Gold rallies ₹ 176 on global cues

Gold prices rose by ₹ 176 to ₹ 47,881 per 10 grams in the national capital on Monday in line with gains in the precious metal in the global markets

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