Business

Hustlers Hospitality takes 31 pc stake in My Cloud Kitchen

Hustlers Hospitality takes 31 pc stake in My Cloud...

May 24, 2022

Hustlers Hospitality, an organised and profitable cloud kitchen franchise of India, has bought a 31 pc stake in My Cloud Kitchen which is one of India’s largest cloud kitchen consulting firms offering end-to-end support to aspiring food entrepreneurs with core services like...

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Investors’ dream turns sour as LIC shares crash on market debut

Investors’ dream turns sour as LIC shares crash ...

May 17, 2022

The highly awaited listing of India’s largest insurance firm and public sector financial services giant Life Insurance Corporation of India (LIC) disappoints as largest IPO in Indian history debuts with 8.62 pc crash. After touching a high of INR 920 within moments of opening, ...

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India turns to King Coal again as heatwaves lead to power demand surge

India turns to King Coal again as heatwaves lead t...

May 16, 2022

Last week, Indian government said it was reviving mining from 100 coal mines that had been shut down earlier as they were not financially viable. However, with a severe coal shortage looming large over the country, leading to a massive mismatch between power demand and supply jus...

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EU-India FTA: Need of the hour

EU-India FTA: Need of the hour

April 22, 2022

The flurry of visits by international leaders to New Delhi seems to be getting even more exciting. British Prime Minister Boris Johnson has been hogging the limelight with his rather unsubtle images during his visit to India and one can expect that to continue as the maverick lea...

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Unbridled inflation in India continues to race ahead

Unbridled inflation in India continues to race ahe...

April 18, 2022

Few would have been surprised by the news today that inflation in India has risen again in March, because it was expected that inflation would keep rising. But what caught most analysts and bankers off guard was the extent to which inflation had raced ahead as the government says...

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Despite rising inflation, RBI holds interest rates at lowest-ever

Despite rising inflation, RBI holds interest rates...

April 9, 2022

The Monetary Policy Committee of the Reserve Bank of India that ended its two-day meeting on Friday has decided to keep the repo and reverse repo rates at 4 pc and 3.5 pc respectively, the lowest-ever levels for both the benchmark rates. The decision was taken even as the MPC and...

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Repair, not replace: Key to tackling climate change

Repair, not replace: Key to tackling climate chang...

March 29, 2022

Thirungia region in Germany is offering residents up to 100 Euros for not throwing away their smartphones, but repair them and continue to use them. Similar repair bonus is also available for other consumer electronic items like laptops and domestic appliances. The scheme is soon...

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Cybercriminals targeting institutions instead of individuals: Kaspersky

Cybercriminals targeting institutions instead of i...

March 21, 2022

Even as 2021 saw an unprecedented adoption of the digital economy and online meetings in order to beat the severe lockdowns imposed around the world,  there was also a sharp spike in the activities of cybercriminals. According to Financial cyberthreats in 2021, a report by cyber...

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Big gambles at IPL auction

Big gambles at IPL auction

February 17, 2022

By the time, the two-day long Indian Premier League auction wound down to a halt late in the evening on February 13, a total of INR 5.5 billion (USD 73.3 million) had been spent by 10 teams, vying for their favourites from amongst the 600 players that were part of the pool that h...

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LIC IPO: Modi on mindless selling spree

LIC IPO: Modi on mindless selling spree

February 15, 2022

On Sunday, the government confirmed that the Life Insurance Corporation, the largest financial institution in the country, had submitted its draft red herring prospectus, a comprehensive document that is submitted to the stock market regulator by any company before its Initial Pu...

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