Renault to buy out Nissan in Indian joint venture

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

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IE Economy

InvAscent invests Rs 110 crore in Geri Care to pick up minority stake

Founded in 2018 by renowned geriatrician, Dr Lakshmipathy Ramesh,...

AI – The double-edged sword

Efficiency Vs Mass employment The Survey points to the rising...

Corporate Corner August 2024

Be-Rite enters Chennai markets Gemini Edibles and Fats(GEF India) has...

Insurance: Focus on customer and their rights…

GST clarification-a relief for insurers The GST Council took a...

Corporate Corner – July 2024

BIG Tech breaks ground  US-based Corning Incorporated has partnered with...

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Global

Vibrant Gujarat Summit- Investments worth Rs 26.33 lakh crore

The tenth edition of the three-day Vibrant Gujarat Summit...

TN GIM 2024 – Investments worth Rs 664,180 crore with job opportunities to more than 26 lakh

The Tamil Nadu Global Investors Meet 2024 came to...

Biologics-based drugs at the fore – Supriya Kashikar, CEO, GeNext Genomics Pvt Ltd.

The biotech industry is witnessing unprecedented demand on many...

At COP28, climate fizzles out…

Over a two-week period, Dubai, the conference venue, witnessed...

👑 Can the elephant emulate the dragon?

The pandemic, various security concerns and the general mood...

Banking

United Forum of Bank Unions serves one-day strike notice

Ostensibly, the strike move is to demand, among other things, the following. * Adequate recruitment in all cadres. * Regularisation of all temporary employees. * Implementation of a 5-day...

RBI revises norms for pre-closure charges on certain loans

The apex bank has sought comments on the draft guidelines. "Availability of easy and affordable financing to Micro and Small Enterprises (MSEs) is of paramount importance....

Less-known local area banks

One bank per state would be the norm. The winds of change will blow away the remaining local area banks. In India, three local area...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

Lighting a lamp

Since nationalisation, banks were directed to function not merely as deposit collectors and lenders, but much more. This add-on was required to change the...

PSUs – Stem the rot before mergers

Another clutch of 197 banks, known as Regional Rural Banks, promoted jointly by the Central government, the state governments and the lead banks in...

Can a SVB type bank failure happen in India?

After the 2008 global financial crisis, bank failures have become common. Since then, central banks have swung into action to strengthen the regulatory mechanism...

HDFC Bank – Birth of a financial services conglomerate

HDFC, the largest Housing Finance institution, (started as a specialised mortgage company in 1977), fostered and nurtured and now handed over to HDFC Bank,...

Unifi Mutual launches hybrid fund

The scheme is ideally suitable for investors looking for low volatile, inflation-beating returns over an investment horizon of two years or more. The new fund...

Cover Story

Switch Mobility to shut down a UK plant

The facility makes electric buses. Switch Mobility has a presence across the U.K. and Europe.  "In the wake of continuing general economic uncertainty within the overall bus...

AP bus unit of Ashok Leyland goes on stream

The plant was inaugurated a few days ago by  Nara Lokesh,  Minister of Information Technology, Electronics and Communications and Human Resource Development, Government of Andhra...

Crompton Greaves In Logo Tangle

Asserting that the company "only uses the logo/house mark Crompton as part of its corporate identity and business," the company made it clear that...

Education

TN GIM 2024 – Investments worth Rs 664,180 crore with job opportunities to more than 26 lakh

The Tamil Nadu Global Investors Meet 2024 came to a close with MoUs worth Rs 664,180 crore signed, promising job opportunities...

Skills will define the future – V P Joy, Senior Executive Vice President, Reliance Industries Limited

With two-thirds of our population below the age of 35 and with India’s emergence as a digital technology powerhouse, our potential...

India should manufacture at world scale… – Dr K N Satyanarayana, Director, IIT Tirupati

Dr K N Satyanarayana (KNS), the Director of IIT Tirupati, is an alumnus of IIT Madras, where he completed his civil...

Byju’s – It all came tumbling down!

In the annals of India’s startup ecosystem, Byju’s once shone like a beacon of success. Back in June 2021, the company...

Edit Notes

Tesla, it is now real: it drives on its own!

My son Bala who, after pursuing higher studies and...

BJP consolidates

Despite winning the largest numbers in the 2019 state...

Rishi Sunak, a front-runner for PM’s post in Britain

So, after a tumultuous battle for few months Boris...

Remembering N Mahalingam (NM)…

The birth centenary of N Mahalingam (NM), founder of...

Rishi Sunak, a front-runner for PM’s post in Britain

So, after a tumultuous battle for few months Boris Johnson has resigned as the Prime Minister of Britain. In less than two decades he...