Monday, September 18, 2023

NTPC mining arm to explore battery minerals overseas

NTPC mining arm to explore battery minerals overseas The South Asian country, among the world#39;s top greenhouse gas emitters, has been pursuing pacts with other countries to secure key minerals in resource-rich countries such as Australia, Argentina and Chile. India aims to be a net zero emitter of greenhouse gases by 2070.

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Sunday, September 17, 2023

From HSBC to Citi, global banks expand maternity benefits to retain women in India

From HSBC to Citi, global banks expand maternity benefits to retain women in India Across India, global financial firms are expanding maternity benefits to include perks rarely seen elsewhere, part of an effort to attract and retain female employees. Overall, less than a quarter of adult women in India work, among the lowest rates in the world.

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KKR to acquire stake in SingTel#39;s regional data centre unit for $807 million

KKR to acquire stake in SingTel#39;s regional data centre unit for $807 million The deal puts the enterprise value of SingTel’s overall regional data centre business at S$5.5 billion ($4.03 billion) and the funds will be used to expand the data centre#39;s business across Southeast Asian markets, including Singapore, Indonesia and Thailand, SingTel and KKR said in a joint statement.

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Offshore tax havens have become a vital part of global business

Offshore tax havens have become a vital part of global business And just how powerful these tax havens have become can be judged by the abject failure of various efforts to reign in their powers.

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Friday, September 15, 2023

TikTok plans steep holiday discounts in US, bringing Amazon price war

TikTok plans steep holiday discounts in US, bringing Amazon price war It is offering to subsidize discounts of as much as 50% to entice sellers’ participation in its Black Friday program, which begins Oct. 27 and runs through Nov. 30, according to the documents. A TikTok spokesperson confirmed the plans.

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Thursday, September 14, 2023

Indian winemaker Sula Vineyards not losing sleep over foreign rivals: CEO

Indian winemaker Sula Vineyards not losing sleep over foreign rivals: CEO Last year, the Indian government slashed import duties for some Australian winemakers as part of a foreign trade agreement (FTA) between the two nations.

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Morning Scan: All the big stories to get you started for the day

Morning Scan: All the big stories to get you started for the day A round-up of top newspaper stories to keep you ahead of others.

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SAP#39;s India arm eyes more patents, jobs amid AI push

SAP#39;s India arm eyes more patents, jobs amid AI push SAP Labs India Managing Director Sindhu Gangadharan hopes the Indian unit will scale up its share of global SAP patents to 50% from 25% currently, she said in an interview on the sidelines of an event in Bengaluru.

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Cognizant liable to pay dividend distribution tax on buyback of shares worth Rs 19,000 crore: ITAT

Cognizant liable to pay dividend distribution tax on buyback of shares worth Rs 19,000 crore: ITAT Cognizant Technology Solutions in the assessment year 2017-18 purchased 94,00,534 equity shares of face value Rs 10 from its shareholders based in the US and Mauritius at Rs 20,297 apiece for a total consideration of Rs 19,080.26 crore in accordance with a scheme approved by the Madras High Court.

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Chilli prices set to rise again on festive demand and scanty rainfall, despite improved sowing

Chilli prices set to rise again on festive demand and scanty rainfall, despite improved sowing Traders have not been selling the chilli stock at lower rates and are hoping that domestic demand will shore up the prices a little and that exports to China will improve this year.

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Wednesday, September 13, 2023

Adani Enterprises arm to produce 5.2 MW series wind turbine generators

Adani Enterprises arm to produce 5.2 MW series wind turbine generators The company was so far manufacturing and supplying 5.2 MW Wind Turbine Generators (WTGs) for domestic wind industry players.

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LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...