CNN 
Google News 
ESPN 
The Times of India 
BBC News 
ESPN Cricinfo 
Dainik Bhaskar 
The Hindu 
NDTV 
Indian Express 
IBN - News 18
The Economic Times
The Economic Times RBI approves reappointment of Atanu Chakraborty as part-time chairman of HDFC Bank for 3 years
Atanu Chakraborty has been reappointed as the part-time chairman of HDFC Bank by the Reserve Bank of India for a three-year term from May 5, 2024, to May 4, 2027. With a 35-year tenure in the Indian Administrative Service (IAS) in the Gujarat cadre, Chakraborty has extensive experience in finance, economic policy, infrastructure, and petroleum and natural gas sectors. He held key positions in the Union Government, including Secretary in the Ministry of Finance-Department of Economic Affairs, where he oversaw economic policy-making and budget formulation.
The Economic Times India's fossil fuel capacity grows 2.44 pc in FY24; non fossil-fuel rises 11 pc: Govt data
India's power generation capacity saw growth in both fossil fuel-based and non-fossil fuel-based sources in FY24. Fossil fuel capacity rose to 243.22 GW while non-fossil fuel capacity increased to 190.57 GW, with renewable energy sources like solar and wind contributing significantly to the rise.
The Economic Times ICAI defends action against EY affiliates, says move in sync with its statutory power
ICAI defends action against EY affiliates, cites statutory power. Delhi HC stays order. ICAI directs firms to end tie-ups violating norms. Accusations of bias. Supreme Court involvement.
The Economic Times CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings at HITEC City, Hyderabad
CapitaLand India Trust (CLINT) has partnered with Phoenix Group to acquire two IT buildings in HITEC City, Hyderabad, with a total leasable area of 2.5 million square feet. The acquisition is expected to increase CLINT's earnings and distributions for Unitholders, with a pro forma net profit of around S$4.5 million2 on a stabilised basis
The Economic Times Tesla moves Delhi HC alleging infringement of its trademark ‘Tesla’ by Gurugram-based Tesla Power India
Tesla Inc., a prominent US electric vehicle (EV) manufacturer, has filed a complaint in the Delhi High Court against Gurugram-based Tesla Power India for allegedly infringing on its trademark 'Tesla.' The company seeks to restrain Tesla Power from using its trademark, citing confusion among consumers and potential harm to its business interests. Tesla Inc. claims that complaints regarding Tesla Power batteries are being mistakenly directed to them due to the similarity in branding.
The Economic Times PSBs plan to set up 'green cells' for climate funding
State-run banks to introduce 'green cells' for ESG risk assessment and green fund management under EASE 7.0. RBI emphasizes 2.5% GDP green financing. SBI chairman pushes for incentives and CRR relaxation in regulatory policies.
The Economic Times Indus Towers facing a Rs 60 cr shortfall in collections from Vodafone Idea in Q4
Indus Towers received an additional Rs 360 crore from Vodafone Idea (Vi) for old dues, but analysts note a Rs 60 crore shortfall in collections. Despite this, Indus' trade receivables increased by Rs 430 crore sequentially in Q4FY24, reflecting the delayed collection of Vi's past outstandings, ultimately settled in April.
The Economic Times India seeks more presence at decision-making level of ILO
India pushes for enhanced representation at ILO by revising criteria to include demographic dividend, global demand-supply gap, and population/labor workforce. This aims for equitable decision-making and strategic alignment with labor-related issues.
The Economic Times Forget any rate cut in 2024! What experts are predicting after Fed meeting
Global stock markets heaved a sigh of relief last night when the world's most powerful central banker Jerome Powell assured investors that it is unlikely for the US Federal Reserve to go for a rate hike. After the Dow Jones ended higher overnight, the Sensex was also up around 200 points this morning.
The Economic Times Premji Invest in talks to pick up big stake in Bank of Baroda’s Nainital Bank
Premji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore. Public sector lender Bank of Baroda, which owns around 98% of Nainital Bank, is expected to divest its entire shareholding
The Economic Times GST National Coordination meeting on Friday may discuss tightening noose on fake registrations
Central and state GST officers will convene to discuss various issues, including stricter registration norms to combat fake companies evading taxes. This meeting follows record-high GST collections of Rs 2.10 lakh crore in April, driven by economic momentum and enhanced scrutiny. Among the topics on the agenda are tightening GST registration to deter fraudulent companies and tracking the money trail of GST fraud masterminds.
The Economic Times India's services exports dip marginally in March to $30 bn
In March 2024, India's services exports dipped by 1.3% to $30 billion, while imports decreased by 2.1% to $16.61 billion, according to Reserve Bank data. The trade surplus for the month stood at $13.4 billion. Although both exports and imports of services had shown growth in the preceding two months, the trend reversed in March. The commerce ministry estimates services exports for fiscal 2023-24 at $339.62 billion and imports at $177.56 billion, resulting in a trade surplus of $162 billion for the year.
The Economic Times India Inc helping more wonder women get C-suite superpowers
At Accenture, 29% of the leaders in India are women. Diageo India has 30% women in senior leadership. In the last few years, Marico's efforts have pushed women into close to 30% of leadership roles. PepsiCo is looking at 40% women in the India leadership team by next year. Larsen & Toubro handpicked 495 women employees to undergo leadership development programmes in the last few years.
The Economic Times ADIA, KKR book a $1.5b space in Reliance Retail warehouse
ADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL's growth supported by investments and strategic partnerships.
The Economic Times Adani Green Secures $400 million from international banks for 750 MW power projects
AGEL secured $400 million financing for 750 MW solar projects in Rajasthan and Gujarat, with projects having SECI PPA and merchant power setup. Lenders consortium aids AGEL's growth plans and capital management for sustainable debt structure.
