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-
Ease of doing business: India’s rank improves, but ground reality different - The Financial Express
Ease of doing business: India’s rank improves, but ground reality different The Financial Express -
These co-living startups are helping tenants sail through Covid-19 - Business Standard
These co-living startups are helping tenants sail through Covid-19 Business Standard -
50% shops stay shut as restrictions make business tough - Hindustan Times
50% shops stay shut as restrictions make business tough Hindustan Times -
Malleswaram back in business over impending lockdown - Deccan Herald
via deccanherald.comMalleswaram back in business over impending lockdown Deccan Herald -
Social media companies face revenue hit from boycotts
The #StopHateforProfit campaign launched on June 17 by the Anti-Defamation League, the NAACP and other advocacy groups seeks to pressure the social media giants into doing more to curtail racist and violent content on their websites. So far, the campaign has signed on more than 500 companies and organizations. -
Coronavirus impact | American and 4 other airlines reach loan agreements with US
The Treasury Department said on Thursday that it had signed letters of intent for new loans to American, Spirit Airlines, Frontier Airlines, Hawaiian Airlines and SkyWest Airlines. -
MIAL says surprised to see registration of case by CBI
The CBI has registered a case of cheating and forgery against GVK Group chairman GVK Reddy, his son, GV Sanjay Reddy, MIAL and nine other companies for allegedly siphoning off Rs 705 crore from the airport. -
To stop parties, Airbnb won’t let some guests book homes
The San Francisco-based home sharing company said US guests under age 25 with fewer than three positive Airbnb reviews won’t be allowed to book entire homes close to where they live. Airbnb wouldn’t reveal how it defines what is “close.� -
NCLAT suspends court work till July 10 after staff member tests positive for COVID-19
As per the NCLAT statement, another staff member tested positive for the virus on June 26 and work was suspended until July 3 -
HDFC plans to raise up to Rs 1.25 lakh crore in 1 year via NCD and other hybrid instruments
The Housing Development Finance Corporation (HDFC) Limited will convene its annual general meeting (AGM) on July 30 and will seek shareholders approval for the capital raise plan. -
Atlantic City casinos reopen in a changed pandemic world
In 2 1/2 hours on the gambling floor of the Hard Rock casino, an Associated Press reporter did not see a single customer without a face mask. A few wore full face-covering hoods that extended to their chests. -
HDFC#39;s Deepak Parekh sees inorganic opportunities for group companies; questions SC’s role in loan moratorium
"The saga of the highest court of law questioning the RBI on the moratorium was indeed unfortunate. Why should a central bank have to be answerable to a court on basic principles on which the financial sector operates on?" Parekh questioned, adding that interest payments on borrowings and loans are contractual obligations and that now laws are being violated. -
Hot news cycle leads CNN to best ratings in 40 years
The news is welcome at a network that has been relentlessly attacked for four years by President Donald Trump and his allies, who often mocked CNN as “failing.� -
VVDN plans to hire 1 lakh people in next 3 years
The company said its Global Innovation Park (GIP) will house research and development and electronic manufacturing facilities with capacity to accommodate 1 lakh people over the next three years. -
Private players to begin rail passenger services by April 2023, will run only 5% of trains: Railways
Addressing a press conference online, Railway Board Chairman VK Yadav also said that the ticket fares in these trains will be competitive with airfares on similar routes. -
OPEC basket oil price rises above $40 for first time in 4 months
The basket price stood at $42.66/bbl on July 1, almost 12 percent higher than the previous day, and the highest since March 3, the data showed. -
KKR to acquire controlling stake in JB Chemicals at Rs 745/share
As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price of Rs 745 per share and make an open offer for an additional 26 percent stake in the company -
KKR to acquire 54% stake in JB Chemicals for about $500 million
As part of the agreement, KKR will acquire its stake from the founding Mody family at a purchase price of Rs 745 per share and make an open offer for an additional 26 percent stake in the company -
ArcelorMittal Nippon Steel India to invest Rs 5,000 crore to ramp up capacity of Hazira plant to 8.6 mtpa
AMNS acquired Essar Steel by paying Rs 50,000 crore in December 2019 following an order by the Supreme Court. -
Motherson Sumi board approves reorganisation plans
The proposed reorganisation aims to simplify group structure and enable MSSL shareholders to benefit through 100 percent stake in SMRP BV. -
Can Nestlé find its next ‘Maggi moment’ in the 4-minute upma and poha?
Nestlé is betting big on ready-to-eat products under its blockbuster Maggi brand. Can 4-minute poha and upma replicate the magic of 2-minute Maggi noodles? -
Spring oil flood causes summer queues in Chinese ports
More than 80 million barrels of crude oil are currently waiting to be discharged from tankers in Chinese ports, Refinitiv Eikon data showed. -
Jio launches HD video conferencing app JioMeet, can host up to 100 users
The latest offering by Reliance Industries#39; digital arm aims to provide users a reliable video conferencing alternative for personal and professional use. -
Jio launches HD video conferencing app JioMeet
The latest offering by Reliance Industries#39; digital arm aims to provide users a reliable video conferencing alternative for personal and professional use. -
Kia Motors India sells 7,275 units in June
“While the pandemic refuses to subside, the country is somehow trying to sustain and prepare itself to live with the COVID-19 effects. Last few months have been testing for the consumers as well as the industry," Kia Motors India Managing Director and CEO Kookhyun Shim said. -
Axis Bank to shut down UK subsidiary, concentrate on Indian business
As an organisation, the bank is committed to delivering optimum value for all its stakeholders, in sync with its core principles and the local policies as applicable. -
NHAI to set up InvIT; forms search committee for Investment Manager Board
This will enable NHAI to monetise completed national highways that have a toll collection track record of at least one year. -
India in talks with US, Canada, European and Gulf countries on establishing air travel bubbles, says AAI
Scheduled international passenger flights remain suspended in India since March 23 due to the coronavirus pandemic. -
Axis Bank to close UK subsidiary, focus on Indian business - Livemint
via livemint.comAxis Bank to close UK subsidiary, focus on Indian business Livemint -
Bank credit grows 6.18%, deposits 11% in fortnight ended June 19
In the fortnight ended June 21, 2019, bank credit had stood at Rs 96.48 lakh crore and deposits at Rs 124.92 lakh crore. -
Wall Street jumps at open as US job growth accelerates
The Dow Jones Industrial Average rose 201.48 points, or 0.78 percent, at the open to 25,936.45. -
Amid calls to boycott Chinese products, what’s in a name? Ask Ching#39;s Secret
Capital Foods is not worried that the backlash against Chinese businesses will affect its Chinese-named packaged food business. -
Cheers and fears as England#39;s pubs prepare for #39;Super Saturday#39; reopening
Many of the elements that define a pub will be missing when they reopen. With numbers limited, there will be no crowds on a Friday or Saturday night, no standing at the bar, no live music. -
American Airlines warns of 25% drop in international capacity in 2021 summer
The company will also discontinue several international routes that were once popular leisure destinations but are now expected to see decreased demand. -
Exxon signals second quarterly loss in a row on production, refining hit
Exxon faces a loss for the quarter of $2.3 billion, or 52 cents per share, according to estimates from Refinitiv IBES. It marks the second this year after a $610 million first-quarter deficit. Results are due out July 31. -
Big Story | Decoding the new eligibility criteria for investment funds by FPIs
India has retrospectively eased the eligibility criteria for investment funds set up by FPIs. -
Private trains: Will rail coaches give airlines a complex and other questions answered
On July 1, Indian Railways invited proposals from private companies to run 151 modern passenger trains. We try to catch the signals of change four years ahead of schedule. -
Gold price slump to Rs 48,886 per 10 gram, silver down Rs 1,075 per kg
Navneet Damani, Vice President, Motilal Oswal, sees gold trading in a range of $1,750-1,788 internationally and between Rs 48,060 and Rs 48,550 domestically -
Singapore#39;s Temasek delays annual report due to coronavirus pandemic
#39;To accommodate this delay of global consolidation for financial reporting, Temasek#39;s own annual reporting will be delayed from July till September,#39; Ho said. -
Help in times of COVID-19: Four friends come together to provide internships to college students
InternLink has been set up as a platform to connect students with mentors for projects. -
World will buy Indian products if quality is top-notch: Maruti Suzuki Chairman RC Bhargava
Bhargava said the public sector is a big drag on our ability to become competitive in manufacturing. -
US adds 4.8 million jobs as unemployment falls to 11.1%
Economists have long warned that the economic benefits of allowing businesses to reopen would prove short-lived if the virus wasn’t brought under control. -
Biocon lines up Rs 1,500 crore capex for the current fiscal
We expect capex (capital expenditure) spends to be $200 million in 2020-21, split equally between small molecules and the biosimilars businesses, Mittal said.. -
Turn Your Covid-19 Solution into a Viable Business - Harvard Business Review
via hbr.orgTurn Your Covid-19 Solution into a Viable Business Harvard Business Review -
Exclusive: Sanjeev Gupta repeats his offer to Tata Steel, says #39;ready to look at Port Talbot#39;
Tata Steel is struggling to run Port Talbot, a facility that Gupta nearly acquired more than three years ago. -
A Guide to Building a More Resilient Business - Harvard Business Review
via hbr.orgA Guide to Building a More Resilient Business Harvard Business Review -
Emami Agrotech's edible oil business down by 10% in Apr-Jun quarter due to closure of hotels, restaurants - Economic Times
Emami Agrotech's edible oil business down by 10% in Apr-Jun quarter due to closure of hotels, restaurants Economic Times -
Business Insight | Double-digit growth in tractor sales: Green shoots or scattered weeds? - Moneycontrol.com
via moneycontrol.comBusiness Insight | Double-digit growth in tractor sales: Green shoots or scattered weeds? Moneycontrol.com -
OPEC cuts June oil exports by 1.84 million bpd: Kpler
OPEC#39;s crude exports averaged 17.2 million bpd last month, Kpler said in an emailed report. Saudi exports accounted for almost half of the month-on-month drop, falling by 979,000 bpd. -
Exclusive | Ex-ICICI Bank executive Murali Ramakrishnan likely to be named as CEO of South Indian Bank
If the proposed move fructifies, Ramakrishnan would be the first MDCEO of South Indian Bank coming on board from a private sector lender.