India’s eased FDI rules for investors with under 10% stakes in Chinese entities attract over $500 million in foreign investment since May NEW DELHI: Govt’s decision to allow companies and funds with under 10% holding of Chinese entities has helped generate over $500 million (Rs 4,895 crore) foreign direct investment since the rules were eased…
Brad Pitt and Angelina Jolie’s daughter, Vivienne Jolie-Pitt, is taking the legal route to officially drop her father’s surname.The star-kid, who tured 18-year-old this year, reportedly published a court-ordered notice in the Los Angeles Daily Journal as part of the legal process to change her name from Vivienne Marcheline Jolie-Pitt to Vivienne Marcheline Jolie, as…
Apple may expand manufacturing beyond iPhones in India, while Google could shift more device exports from China, govt says NEW DELHI: India expects Apple to widen its manufacturing footprint beyond iPhones, whereas Google could shift a substantial share of its export-oriented device production from China to India, electronics and IT minister Ashwini Vaishnaw said.Vaishnaw told…
Mid-size SUVs’ market share rises to 18.2% as premiumisation reshapes India’s car market CHENNAI: Indian car buyers’ love for sports utility vehicles (SUVs) is moving up the price ladder. After years in which compact SUVs powered the country’s shift away from hatchbacks and sedans, mid-size SUVs are now taking a bigger slice of the passenger…
Govt conclave flags PSBs’ shrinking CASA share and weaker presence in high-value banking segments NEW DELHI: Public sector banks (PSBs) have rapidly lost market share in the higher value segment of the industry, such as credit cards business, where they are offering lower range card variants and in global capability centres (GCCs), to private and…
PM Modi urges wider use of space technology in agriculture, environment and other sectors as India’s private space industry targets major growth. NEW DELHI: PM Narendra Modi on Friday interacted with chief executive officers (CEOs) and founders of 20 space startups, including India’s leading companies Skyroot Aerospace, Agnikul Cosmos, Pixxel, Dhruva Space, GalaxEye, PierSight, Bellatrix…
BCG CEO says CEOs are adapting to geopolitical uncertainty, AI and faster-changing business environments. NEW DELHI: The element of trade and tariffs is “over-emphasised” and the current generation of CEOs have realised there are other challenges they need to overcome to survive, BCG CEO Christoph Schweizer said at the ET World Leaders Forum Friday. Business…
Laapataa Ladies actor Satendra Soni has filed a Zero FIR against Paid Paalki filmmaker Pushpendra Singh and Pragati Chauhan over alleged assault, threats, wrongful confinement and unpaid dues, with AICWA extending support and demanding a fair investigation. Actor Satendra Soni, who is known for his role in Aamir Khan-backed Laapataa Ladies, has filed a Zero…
Govt rules out ethanol diversion as cause of sugar price rise, cites lower output, festive demand and crop damage NEW DELHI: Sugar production during the current season (Oct-Sept) is estimated around 306 lakh tonnes, 11% lower than the initial projection of 343 lakh tonnes for the year by sugarcane-growing states, govt said Friday. It also…
Rapper KR$NA opens up about his song ‘Boom Shaka’ becoming anthem of student protests Rapper KR$NA has opened up about his track ‘Boom Shaka’ unexpectedly becoming the anthem for student protests held across India in June and July. The rapper revealed he had no idea the song would take on this new identity, calling the…
