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Challenging times: HUL urged the government to continue support measures as rural demand had lulled.

HUL Q3 net rises 17% to ₹2,243 cr.

Special Correspondent High inflation, raw material prices may pressure margins in near term, says CMD

Representational image.

Institutional realty stake dropped 14% in 2021: JLL

Special Correspondent ‘Second wave impacted investments’

Tadashi Asazuma, Executive Vice President,Toyota Kirloskar Motors

Toyota announces Hilux, its maiden ‘Lifestyle Utility Vehicle’ in India

Special Correspondent ‘Prices will be revealed in March; deliveries from April onwards’

Natco, 9 others chosen to supply COVID-19 drug

Special Correspondent UN-backed MPP signs sublicence pacts

London-headquartered Vedanta Resources has grown its annual revenue from $1 million to over $15 billion in the past decade. File

‘Vedanta mulls $10-bn fund to bid for BPCL, other assets’

30mins

Videocon lenders invite fresh EoIs

56mins

‘Share plan of resolution with Jet workmen’

45mins

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States to get ₹47,541 cr. via tax devolution

2hrs

India Ratings pegs FY23 GDP growth at 7.6%

PTI Agency expects fiscal deficit at 5.8-6%

15mins

Walmart invites Indian sellers to join its marketplace to serve U.S customers

The Hindu Bureau The company has set an ambitious goal of exporting $10 billion from the country each year by 2027.

On Wednesday, the airline had cancelled flights to and from New York, San Francisco, Chicago and Newark.

Air India cancels U.S. flights for second day

Jagriti Chandra Safety concerns over 5G rollout in U.S.

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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The Bombay Stock Exchange (BSE) in Mumbai. File

Sensex sinks 634 points to end below 60,000-mark

PTI Flight of foreign capital from Indian markets affected the market sentiment

Photo used for representational purpose only.

Rupee slips 7 paise to close at 74.51 against U.S. dollar

PTI Investors remained cautious ahead of the U.S. Federal Reserve's meeting due next week

Economy

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Representational image.

States to get ₹47,541 cr. via tax devolution

PTI The Centre will on Thursday release an advance instalment of tax devolution to the States amounting to ₹47,541 crore, the Finance Ministry said. “Finance Minister Nirmala Sitharaman has authorised the release of an advance instalment of tax devolution to State governments amounting to ₹47,541 crore, here today. This is in addition to the regular devolution for the month of January , also being released today,” the Ministry said in a statement. Thus, States would receive a total of ₹95,082 crore

2hrs

India Ratings pegs FY23 GDP growth at 7.6%

PTI Agency expects fiscal deficit at 5.8-6%

15mins

Industry

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India Ratings pegs FY23 GDP growth at 7.6%

‘Vedanta mulls $10-bn fund to bid for BPCL, other assets’

‘Share plan of resolution with Jet workmen’

Videocon lenders invite fresh EoIs

States to get ₹47,541 cr. via tax devolution

Cotton prices hit the roof in Gujarat

Zydus’ anticonvulsant pill gets U.S. FDA nod

Generic drugmaker Zydus has received the final approval from the U.S. FDA to market anticonvulsant drug Vigabatrin Tablets 500 mg. The approved

Apollo Tyres invests in solar energy firm

Leading tyre manufacturer Apollo Tyres Ltd. (ATL) has picked up a 27.2% stake in CSE Deccan Solar, a subsidiary of Cleantech Solar, to get a

Natco, 9 others chosen to supply COVID-19 drug

UN-backed MPP signs sublicence pacts

Institutional realty stake dropped 14% in 2021: JLL

‘Second wave impacted investments’

HUL Q3 net rises 17% to ₹2,243 cr.

High inflation, raw material prices may pressure margins in near term, says CMD

Toyota announces Hilux, its maiden ‘Lifestyle Utility Vehicle’ in India

‘Prices will be revealed in March; deliveries from April onwards’

Rupee slips 7 paise to close at 74.51 against U.S. dollar

Investors remained cautious ahead of the U.S. Federal Reserve's meeting due next week

Gold rallies ₹ 415 on global cues; silver zooms ₹ 858

In the international market, gold was trading with gains.

Sensex sinks 634 points to end below 60,000-mark

Flight of foreign capital from Indian markets affected the market sentiment

Mixed reality can offer health, safety benefits to first-line workers: Microsoft

Microsoft launches HoloLens2 in India

Fluence, ReNew to form JV to boost energy storage sector in India

Fluence Energy Inc., a global market leader in energy storage products, and renewable energy company ReNew Power Private Ltd, have signed an

Walmart invites Indian sellers to join its marketplace to serve U.S customers

The company has set an ambitious goal of exporting $10 billion from the country each year by 2027.

Zydus gets final USFDA nod to market generic version of Vigabatrin tablets

The company said Vigabatrin is used to treat babies, one month to 2 years old, with infantile spasms

Rupee gains 15 paise to 74.29 against U.S. dollar in early trade

In the previous session, the rupee settled at 74.44 against the greenback.

Customer spending across sectors, regions remains robust: LTI’s Sanjay Jalona

`Momentum to continue for at least 3-5 years’

Sensex falls over 160 points in early trade; Nifty slips below 17,900

Infosys was the top loser in the Sensex pack followed by Asian Paints, HCL Tech, Reliance Industries, Wipro, HDFC and TCS.

Momentum in India's favour, need to prevail over COVID: Deloitte CEO on economic development

“India will lead others in terms of growth of large economies.”

India’s oil production continues to decline

Output dropped 2% in December

Economic recovery is yet to attain durability, says ICRA

‘Early data for Jan. is weak following reimposition of curbs to check third wave’

Ban on regular international flights extended till Feb. 28

The Directorate General of Civil Aviation on Wednesday extended the ban on scheduled or regular international flights till February 28. However,

Air India cancels U.S. flights for second day

Safety concerns over 5G rollout in U.S.

Mills call for lifting import duty on cotton

Textile mills have reiterated their demand to remove the import duty on cotton as prices of domestic cotton continue to increase. Chairman of Southern

‘High taxes leave aviation chronically ill’

The aviation sector in the country is ‘chronically ill’ because of high taxation and the government must extend relief on fuel and custom duties to

Hero Electric ties up with M&M for EVs

Hero Electric and Mahindra & Mahindra (M&M) on Wednesday announced a collaboration for joint production, development and knowledge sharing in

Chola floats 3 loan units, partners fintech firms

Picks up 70% in Payswiff for ₹450 cr.

Tata Motors rolls out CNG-fuelled Tiago, Tigor

Offers iCNG tech in both PV models

BharatPe MD Ashneer Grover takes voluntary leave till March-end

Grover was recently embroiled in a controversy over purportedly using abusive language against Kotak Mahindra Bank staff

Symphony Technology Group rebrands McAfee, FireEye combine as Trellix

Symphony Technology Group (STG), a California-based private equity firm, has merged two of its recent acquisitions, McAfee Enterprise and FireEye and

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

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

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

Infosys fell the most among Sensex stocks.

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

The acquisition will accelerate the growth in Microsoft’s gaming business, making it the world’s third-largest gaming firm by revenue, behind Tencent and Sony, after the deal closes.

Reliance Jio topples BSNL as largest fixed line broadband provider

Jio started commercial roll out of fixed line broadband service, JioFibre, in September 2019

Lupin ties up with China’s Fancoo Pharma

“Lupin is committed to serving the healthcare needs of the Chinese population by providing high quality products”

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

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India's Permanent Representative to the UN, T.S. Tirumurti speaking at the UNSC, in New York. File

34K | Recognise ‘Hinduphobia’ and violence against Buddhists, Sikhs too: Indian envoy to U.N.

Two IndiGo aircraft came close to colliding with each other mid-air while taking off from Kempegowda International Airport on January 7. File

26K | Mid-air collision between two aircraft averted at Kempegowda International Airport on January 7

The bank took over the possession of the store for non-payment of dues, under provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

20K | Indian Bank takes over Saravana Stores (Gold Palace) in T. Nagar for non-payment of dues

In 2021, the DoPT directed West Bengal Chief Secretary Alapan Bandyopadhyay to report to its office hours after Bengal Chief Minister Mamata Banerjee allegedly skipped a review meeting on Cyclone Yaas with Prime Minister Narendra Modi. File

17K | States weigh options on IAS cadre rule changes

Air India operates flights to New York, Newark, Chicago, Washington DC and San Francisco.

15K | Air India to reschedule U.S. flights over 5G concerns

A view of Supreme Court in New Delhi. File photo

12K | Supreme Court upholds validity of OBC quota in NEET admissions

11K | Pakistani woman sentenced to death for 'blasphemous' WhatsApp status

A still from ‘Ranjish Hi Sahi’

9K | ‘Ranjish Hi Sahi’ review: Amala Paul shines in this recreation of Mahesh Bhatt’s universe

A COVID-19 patient is shifted to the Civil Hospital in Ahmedabad on January 19, 2022.

8K | India’s new COVID-19 cases cross 3-lakh mark on January 19, 2022