Best of BS Opinion: Odisha example before Andhra, AI edition of books, more
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6h ago
Here is the best of Business Standard's opinion pieces for today ..read more
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SC's EVM verdict 'tight slap' to Congress-led Opposition: PM Modi
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6h ago
'I will not allow reservations meant for SCs, STs and OBCs to be diverted for vote bank politics. This is Modis guarantee', he said ..read more
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RBI lays out norms for voluntary conversion of SFBs into universal banks
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7h ago
AU SFB, a few others seen as contenders for conversion ..read more
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Go First: Busy Bee Airways to evaluate position after reviewing court order
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7h ago
With the Delhi High Court allowing lessors to take back 54 planes leased to bankrupt Go First, joint bidder Busy Bee Airways' Nishant Pitti on Friday said he will consider any necessary adjustments to its proposed offer for the airline after reviewing the court order. Busy Bee Airways, along with SpiceJet chief Ajay Singh, has put in a bid for Go First under the insolvency resolution process. Travel portal EaseMyTrip's co-founder and CEO Nishant Pitti is a majority shareholder in Busy Bee Airways. On Friday, the court directed the Directorate General of Civil Aviation (DGCA) to forthwith proce ..read more
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Huawei's new mobile carries latest version of advanced made-in-China chip
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7h ago
Huawei has enjoyed a resurgence since Mate's August debut, riding a wave of celebration around its ability to realize sophisticated semiconductor manufacturing despite escalating US tech export curbs ..read more
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Central banks in a cashless world
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7h ago
A central bank can serve as more than just a regulator, by influencing or even creating shared infrastructure ..read more
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Usha Martin Q4 result: PAT rises 1% to Rs 106 cr, income falls to Rs 838 cr
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7h ago
Usha Martin on Friday reported a marginal 1 per cent rise in consolidated profit after tax (PAT) to Rs 106.33 crore for the March quarter of FY24. The company had posted a PAT of Rs 105.32 crore in the year-ago period, Usha Martin said in a filing to the BSE. The consolidated income in the January-March period declined to Rs 838.5 crore from Rs 866.5 crore in the year-ago period. Commenting on the performance, Usha Martin Non-Executive Director Tapas Gangopadhyay said, "We have concluded the financial year 2023-24 on a positive note with our robust operating cash flows, reflecting strong perfo ..read more
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Sebi allows AIFs to pledge shares in companies that invest in infra sector
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7h ago
To facilitate ease of doing business, markets regulator Sebi on Friday allowed AIFs (alternative investment funds) to pledge their shares in investee companies in the infrastructure sector. The regulator has also provided additional flexibility to AIFs and their investors to deal with unliquidated investments of their schemes. "Category I and Category II AIFs may create an encumbrance on equity of investee company, which is in the business of development, operation or management of projects in any of the infrastructure sub-sectors," Sebi said in a circular. The move will provide ease of doing ..read more
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D&I in Indian advertising
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7h ago
Does your brand communication reflect the diversity of the people in your markets ..read more
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Punjab to Rajasthan: Highest successful run-chase in IPL, T20 cricket
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7h ago
Punjab Kings broke Rajasthan Royals' record of highest successful run-chase on April 26. Check highest successful run-chases in IPL and T20 cricket history here ..read more
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