Monday, May 16, 2022

Business

5 tips to prepare for an online MBA

Online MBA is a method of delivering professional education by which students can get hands-on experience with the help of online courses. It offers students the flexibility of learning on their terms and in their preferred location from anywhere and anytime. They are also a comparatively cheaper option and have become very common in recent times. 

Twitter, Tesla, Musk see billions evaporate

NEW YORK: Elon Musk, still the world's richest man, is poorer by nearly $39 billion since he spoke of buying out Twitter.

AIBEA condemns Gurumurthy for terming PSU bankers as scums and filths

CHENNAI: The major union in the banking sector All India Bank Employees Association (AIBEA) on Friday condemned chartered accountant and the Editor of Thuglak Tamil magazine S. Gurumurthy for terming public sector bank employees as scums and filth.

Bull market for US stocks on the brink of expiring

NEW YORK: The latest bull market for US stocks remains on the brink of expiring, with the benchmark S&P 500 just shy of the threshold that marks bear territory, MarketWatch reported.

Hike in interest rates by banks may hit housing demand: Realtors

NEW DELHI: Soon after the central bank Reserve Bank of India (RBI) raised the repo rate by 40 basis points, the banking sector imitated the same by increasing interest rates in lending and deposit schemes.

FPIs sold $14 bln equities in Q1 2022, DIIs bought matching amount: Report

NEW DELHI: Foreign portfolio investors (FPIs) have sold around $14 billion worth of equities in the secondary market in the quarter that ended in March 2022, said Kotak Securities in a report.

Parag Agrawal should restore Trump's account: Elon Musk

SAN FRANCISCO: Tesla CEO Elon Musk on Friday reiterated that Parag Agrawal-led Twitter should restore the account of former US president Donald Trump.

Companies committed to cut emissions represent $38 tn economy: Report

NEW DELHI: A record number of companies are committing to and setting science-based climate targets, according to a new research by the Science-Based Targets Initiative (SBTi), the global body enabling businesses to set emissions reduction targets in line with science.

Tata Sons appoints Campbell Wilson as new Air India CEO, MD

NEW DELHI: Head of Singapore Airlines' low-cost carrier Scoot, Campbell Wilson, has been appointed as the new Chief Executive Officer (CEO) and Managing Director (MD) of Air India.

92,000 kg of narcotics worth Rs 17,400 cr, 14 cr cigarette sticks seized in 2021-22: CBIC

NEW DELHI: Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs(CBIC) on Thursday said that gold, narcotics, and cigarettes are highly prone to outright smuggling.

Indices fall for fifth straight session, April CPI data in focus

NEW DELHI: Indian equity benchmarks declined over 2 per cent on Thursday, led by slump in banking, financial and metal stocks.

Relaxo Footwears' shares decline over 5% on weak Q4 earnings

NEW DELHI: Shares of Relaxo Footwears declined over 5 per cent after the company reported weak operational performance in Q4FY22.

Indian govt extends helping hands to poor people by building houses for them

NEW DELHI: In order to provide the under-priviledged better living conditions, the Indian government initiated the PM Awas Yojana in 2014. Under it, till March 24, 2022, more than 2 crores 32 lakh pucca (concrete) houses have been completed.

Consultancy firm may be appointed by insurance councils to recommend changes in regulations

CHENNAI: The insurance regulations in India are set for a major overhaul with the two industry bodies likely to hire a consultancy firm to recommend regulatory changes, said senior industry officials.

NSE scam: Court denies bail to Chitra Ramkrishna, Anand Subramanian

NEW DELHI: A special CBI court here on Thursday refused to grant bail to former NSE head Chitra Ramkrishna and former employee Anand Subramanian, who were arrested by the probe agency in connection with the NSE co-location case.

Oil majors gambling on emissions mitigation technologies: Carbon Tracker

NEW DELHI: Oil and gas companies are putting investors at risk because their plans to reduce emissions rely on technologies that are expensive and unproven at scale, finds a report from the financial think tank Carbon Tracker released on Thursday.

ADIF becomes party to CCI probe into Apple's app market dominance

NEW DELHI: The Alliance of Digital India Foundation (ADIF) on Wednesday said it is now a party to the ongoing Competition Commission of India (CCI) probe against Apple over alleged abuse of market power in the apps market.

Tesla recalls 130,000 cars to fix touchscreen issues

SAN FRANCISCO: Electric car-maker Tesla has recalled 130,000 cars to fix touchscreen issues caused by an overheating central processing unit (CPU).

Indian regulator warns Uber, Ola to fix customer complaints else face penal action

NEW DELHI: The Central Consumer Protection Authority (CCPA) on Tuesday warned ride-hailing platforms like Uber and Ola to fix rising consumer complaints regarding ride cancellations, cancellation charges, random surge pricing, and long waiting times, or else face penal action.

Vahan recognised as global technology pioneer by World Economic Forum

NEW DELHI: Vahan, a Bengaluru-based startup focused on solving the employment issue of the 500 million blue-collar workers in India, has been selected among hundreds of candidates as one of the World Economic Forum's "Technology Pioneers".

BharatPe to 'claw back' Ashneer's restricted shares, blocks vendors

NEW DELHI: Leading fintech platform BharatPe on Tuesday said it has initiated necessary action against the company's former founder Ashneer Grover to "claw back his restricted shares as per the shareholders' agreement" and will take all steps to enforce its right under the law.

LIC IPO issue subscribed 2.89 times on final day

NEW DELHI: The initial public offering of Life Insurance Corporation of India has received robust response from investors with the insurance major's offer having been subscribed 2.89 times.

How can a PMP course boost your credibility in your organisation?

It's one of the most essential project management qualifications, and it's well acknowledged in the business. The PMP course certification helps people advance in their careers and earn much more money. This certification verifies a candidate's project management abilities and allows them to better manage future projects.

Adani Airports raises $250 mn for airports development

AHMEDADBAD: Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of funding of $250 million senior secured three-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.

Adopt fair means of filing GST Returns, says Principal Commissioner CGST

LUDHIANA: PHD Chamber of Commerce and Industry organized a Seminar on Recent Developments and Burning Issues under GST on 6th May 2022 at CICU, Ludhiana to update the trade, industry and professionals on the recent developments in GST and address the issues & concerns of the Industry members.

Spotify CEO Daniel Ek pumps $50 mn into his music streaming platform

SAN FRANCISCO: Spotify co-founder and CEO Daniel Ek is investing $50 million into his own music streaming service, saying that the "best days are ahead".

Coal India to offer its 20 closed underground mines to private players

NEW DELHI: Coal Minister Pralhad Joshi on Friday said that with the target to minimise the import of thermal coal, Coal India Ltd is going to offer its 20 closed/discontinued underground mines to private players on a revenue sharing model.

567 projects identified worth Rs 58,700 cr: Shipping Minister Sonowal

NEW DELHI: Minister for Ports, Shipping Sarbananda Sonowal on Friday said that the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs 58,700 crore.

Axis Mutual Fund under SEBI lens over suspected violations of trading norms

NEW DELHI: India's market regulator, SEBI is examining whether fund managers at Axis Mutual Fund engaged in "front-running" or trading securities through their personal accounts ahead of the fund's transactions, multiple reports said.

Equity benchmarks close week in red on weak global cues

NEW DELHI: Continuing with the opening session losses, Indian equity benchmarks settled sharply lower on Friday, in line with the weakness in global markets.

Chinese firms rush to Singapore, HK bourses amid US delisting threat

BEIJING: After the US Securities and Exchange Commission (SEC) added more than 80 Chinese firms to its list facing possible delisting from the American exchanges, Chinese electric vehicle (EV) start-up Nio said on Friday it has received a conditional eligibility-to-list letter from the Singapore bourse.

Vegetable oil, maize prices slightly fall after recent surge: FAO

ROME: World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization (FAO) of the UN said on Friday.

Equities plunge in early trade on weak global cues, Sensex declines over 1K pts

NEW DELHI: Indian equity benchmarks declined sharply in opening deals on Friday, in line with weakness in global markets.

Adani Transmission reports cash profit of Rs 763 crore in Q4, up 19.4% YoY

AHMEDABAD: Adani Transmission Limited (ATL), the largest private transmission company in India and part of the globally diversified Adani portfolio, on Thursday announced its financial and operational performance for the financial year and quarter ended March 31.

India' own semiconductor consumption to cross $80 bn by 2026

NEW DELHI: In this technologically connected world, semiconductors play a pivotal role. To give a boost to this particular sector, India recently hosted a big conference. Indian Prime Minister Narendra Modi said India's own consumption of semiconductors is expected to cross $80 billion by 2026 and $110 billion by 2030.

TECHART, the global premium brand for personalising Porsche models forays into Indian market

BENGALURU: TECHART, the leading international premium refinement brand for all Porsche vehicles has forayed into the India market with an exclusive flagship store in Bangalore Thursday.

Anil Agarwal Foundation leads the way with 150 ISO certified Nand Ghars in UP

NEW DELHI: Vedanta Groups Anil Agarwal Foundation has yet again showcased their quality excellence and is setting new benchmarks for women and child development through their flagship project Nand Ghar.

India and the Russo-Ukraine War-defending core interests in a divided world

NEW DELHI: Owing to the involvement of major global powers and forces, the ongoing Russo-Ukrainian war, since February 2022, has been consistently shaping the contours of world politics. Ironically, Ukraine's quest to join the North Atlantic Treaty Organisation (NATO) as a member state in search of security triggered Russia's insecurity due to a justified fear that any further eastward expansion of the NATO will bring the US-led alliance at its doorstep.

Pin Up - India's Leading Bookmaker Review

The Pin-Up bet brand has recently appeared on the gambling market, but this did not prevent it from earning trust and popularity among players, especially in India. The bookmaker's office was established in 2016 and is designed for a wide audience - from players from the CIS countries to betting fans from Asia. Today, the number of clients of this reliable bookmaker has exceeded one million users. In this reveiw, we will check what makes Pin Up so special and widely loved.

Equities tank after RBI's policy rate hike, settle sharply low

NEW DELHI: Indian equity benchmarks on Wednesday plunged sharply and settled in the red after the Reserve Bank of India (RBI) announced a hike in repo rate.

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