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CEO of Google and Alphabet, Sundar Pichai

Google to invest up to $1 billion in a partnership with Airtel

Yuthika Bhargava The amount will include equity investment as well as a corpus for potential commercial agreements

Deputy Governor Michael Patra. File image.

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

PTI Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in FY22 after a 7.3% contraction in FY21.

3hrs

Customer looks at gold earrings at a jewellery showroom. File photo

Global gold demand rose 10% in 2021: WGC

PTI The December quarter witnessed a 10-quarter high, says the report

5hrs

USIBC greets Tata group on homecoming of Air India

PTI The top American corporate body also commends the Government of India’s successful asset monetisation programme.

Mumbai, Maharashtra, 22/09/2018: Sixty feet down under the belly of South Mumbai workers working into Metro rail tunnel on September 22, 2018. Line 3 of Mumbai Metro also known as Colaba-Bandra-Seepz will be 33.5 km long. 500 ton of Tunnel Boring machine is being use to cut 6.68 diameter tunnel. Photo: Vivek Bendre

India seen boosting budget spending on infrastructure

Ola Electric to set up EV design centre in the U.K.

‘Work-from-home, online learning driving PC demand’

Former RBI Governor D. Subbarao.

Budget should focus on bridging widened inequality in economy, creating jobs, says Subbarao

Karvy group Chairman and Managing Director C. Parthasarathi

Karvy Group case: complex web of transactions designed to misuse clients’ securities, alleges ED

Devesh K. Pandey Agency has arrested group's CMD Comandur Parthasarathy and CFO G. Krishna Hari

File photo used for representation.

Tatas back in Air India cockpit

Jagriti Chandra Government transfers its shares to Tata Sons subsidiary, Talace

The 30-share Sensex ended 581.21 points or 1.00% lower at 57,276.94. Similarly, the NSE Nifty plunged 167.80 points or 0.97% to 17,110.15.

Sensex sinks 581 points on weak global cue; Nifty closes below 17,150

PTI Investors fear foreign capital outflows from emerging markets like India after rate hikes in the U.S.

Opinion & Analysis

See All

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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Photo used for representational purpose only. File

Rupee up 4 paise at 75.05 against U.S. dollar

PTI The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.08% to 97.17

6hrs

People walk past digital screen outside Bombay Stock Exchange.

Sensex rebounds over 700 points to reclaim 58K-level in early trade

PTI The 30-share index zoomed 723.55 points 1.26% to 58,000.49 in initial trade

Economy

See All

Deputy Governor Michael Patra. File image.

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

PTI Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in FY22 after a 7.3% contraction in FY21.

3hrs

Mumbai, Maharashtra, 22/09/2018: Sixty feet down under the belly of South Mumbai workers working into Metro rail tunnel on September 22, 2018. Line 3 of Mumbai Metro also known as Colaba-Bandra-Seepz will be 33.5 km long. 500 ton of Tunnel Boring machine is being use to cut 6.68 diameter tunnel. Photo: Vivek Bendre

India seen boosting budget spending on infrastructure

Reuters ‘Fiscal constraints limit room for concessions to pandemic-hit households’

Industry

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Tata Coffee Q3 net profit rises to ₹69.46 crore

Sensex succumbs to late sell-off, ends 77 points lower

Rupee rises 5 paise to close at 75.04 against U.S. dollar

RBI 'behind the curve' critique: Deputy Guv. Patra asserts 'approach has served us well'

Global gold demand rose 10% in 2021: WGC

Explained | Economy

Understanding the formulation of the Budget

China conditionally approves AMD's $35 billion deal for Xilinx

The regulatory approval from Beijing brings the purchase, which was first announced in October 2020, closer to completion.

Facebook’s cryptocurrency venture to wind down and sell tech assets

Meta first unveiled plans for Diem, known as Libra earlier, in June 2019, as part of an effort to expand beyond social networking into e-commerce and global payments.

Rupee up 4 paise at 75.05 against U.S. dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell by 0.08% to 97.17

Sensex rebounds over 700 points to reclaim 58K-level in early trade

The 30-share index zoomed 723.55 points 1.26% to 58,000.49 in initial trade

Google to invest up to $1 billion in a partnership with Airtel

The amount will include equity investment as well as a corpus for potential commercial agreements

Facebook wins conditional EU antitrust nod for Kustomer deal

Kustomer, which sells CRM software to businesses so they can communicate with consumers, would help Facebook scale up its instant messaging app WhatsApp

USIBC greets Tata group on homecoming of Air India

The top American corporate body also commends the Government of India’s successful asset monetisation programme.

SC restrains Punjab from taking coercive steps against GVK Power

The company has challenged termination of power purchase agreement

‘70% of OTT viewers frustrated with content navigation’

Some 46% surf for 6 minutes to find something worth watching: Accenture study

L&T signs MoU with HydrogenPro for manufacturing Hydrogen Electrolysers in India

Larsen & Toubro Ltd (L&T), said it has entered into a Memorandum of Understanding (MoU) with HydrogenPro AS, a Norway-based electrolyser

L&T Infotech, IIT Madras to create 5G base station for rural connectivity

Larsen & Toubro Infotech (LTI), a technology consulting and digital solutions company, has partnered with IIT Madras for collaborative research on

Mahindra enters into e-cart segment

Mahindra Electric Mobility Ltd, a part of the Mahindra Group, has announced the introduction of its new electric 3-wheeler, thee Alfa Cargo at ₹1.44

Kirloskar Oil Engines MD Sanjeev Nimkar quits

Sanjeev Nimkar, MD, Kirloskar Oil Engines, has resigned from the post citing personal reasons, the company said. The board has requested Gauri

Rane Brake Lining Q3 net profit slides 47%

Rane Brake Lining Ltd. said standalone net profit for the third quarter slumped 47% to ₹6.9 crore due to a decline in sales volume. Revenue from

CG Power Q3 net dips 5.5%, revenue doubles

CG Power and Industrial Solutions Ltd., a Murugappa group firm, said standalone net profit for the third quarter shrank 5.5% to ₹360 crore from a year

BoAt hearables maker files for ₹2,000-cr. IPO

Imagine Marketing Limited, the makers of boAt brand of hearables, has filed a draft red herring prospectus (DRHP) with markets regulator SEBI for a

Generali to own majority in Indian insurance JVs

Future sells 25% in general insurer

TVS Motor Co. buys 75% of Swiss EV firm

This is the second acquisition by TVS Motor in recent times after the buyout of majority stake in e-mobility firm EGO Movement in September.

Renault-Nissan to ally more in $26 bn EV bet

The two-decade old alliance, which also includes Mitsubishi Motors, said it would increase the number of common platforms for electric vehicles (EV) to five from four.

Laurus Labs Q3 net slides 43% as ARV sales drag

Drugmaker post ₹154.97 cr consolidated net profit

‘Work-from-home, online learning driving PC demand’

Bullish on growth despite supply chain challenges: HP India

Ola Electric to set up EV design centre in the U.K.

Firm to invest $100 mn in R&D facility

Swiss gold exports to China and India hit multi-year highs

Demand recovered in 2021 in biggest consumer markets

Bonds, rupee weaken as Fed tone sparks outflow concerns

U.S. central bank says interest rate increase likely in March

India seen boosting budget spending on infrastructure

‘Fiscal constraints limit room for concessions to pandemic-hit households’

Investors' wealth tumbles over ₹2.81 lakh cr as stocks decline

The 30-share BSE benchmark index tanked 581.21 points or 1% to settle at 57,276.94.

SEBI strengthens MF norms; winding up of schemes only after majority unitholders' consent

Under the new norms, mutual fund trustees will be required to obtain the consent of the unitholders when the majority of the trustees decide to wind up a scheme or prematurely redeem the units of a close-ended scheme

Explained | Why are stocks falling?

How changes in interest rates set by central banks can affect stock prices

Rupee slumps 30 paise to 75.08 against U.S. dollar

This is the third straight session of loss for the local unit, during which it has declined by 63 paise

Sensex sinks 581 points on weak global cue; Nifty closes below 17,150

Investors fear foreign capital outflows from emerging markets like India after rate hikes in the U.S.

Budget should focus on bridging widened inequality in economy, creating jobs, says former RBI Governor Subbarao

Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget 2022-23 in Parliament on February 1.

Karvy Group case: complex web of transactions designed to misuse clients’ securities, alleges ED

Agency has arrested group's CMD Comandur Parthasarathy and CFO G. Krishna Hari

Nvidia preparing to walk away from Arm acquisition

European Commission filing showed that EU antitrust regulators have resumed their investigation of the deal and set a new deadline of May 25 for their decision.

Glenmark Pharma arm gets final USFDA approval for blood pressure drug

Generic Bisoprolol Fumarate and Hydrochlorothiazide are tablets used to treat high blood pressure

Sensex slumps over 1,100 points in early trade; Nifty falls below 16,950

Titan was the top loser in the Sensex pack, shedding 4.06%

Tatas back in Air India cockpit

Government transfers its shares to Tata Sons subsidiary, Talace

Intel scores major win as court scraps $1.2 billion EU antitrust fine

The European Commission penalised Intel in 2009 for trying to block rival AMD by giving rebates to computer makers Dell, HP, NEC and Lenovo for buying most of their chips from Intel.

Microsoft cloud growth forecast bodes well for tech rivals, too

The numbers for the quarter ended in December played on tech investors’ fears that growth in the cloud business – among the strongest in tech industry segments – was decelerating.

Jio-bp expands with Delhi EV charging hub

Reliance BP Mobility JV scales up fuel-retail network by offering multiple choices

Kinetic to set up e-bike unit for ₹100 crore

Kinetic Green Energy & Power Solutions, which has partnered Chinese EV major Aima Technology Group to co-design and develop electric two-wheelers

Loan demand to rise in February, March: Shriram unit

CV financier says collections ‘normal’

Vedanta demerger details to become clear by March-end, says Agarwal

‘Market is good, production is going well; having separate firms will create value’

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