NEW DELHI: India must move beyond ease of doing business and focus on the speed of doing business to accelerate growth and attract global capital, Confederation of Indian Industry (CII) president and Tata Chemicals managing director R Mukundan said. In an interaction with TOI, he also called for faster approvals, reduced litigation and more predictable…
MUMBAI: Raymond, which has shed its apparel and real estate businesses through a series of demergers, is in talks to acquire Deharde, a German precision engineering company that supplies aerostructures to Airbus and others, people familiar with the matter said.If completed, the deal would mark Raymond’s first overseas acquisition since its 2024 restructuring and would…
Geno Smith is under investigation by police in Davie, Florida, following allegations of battery made by a woman, reported ESPN citing confirmation from authorities. The development came just one day after officials had indicated that the matter had been closed. Geno Smith has not publicly addressed the allegations, while the New York Jets have declined…
Brokerage firm Jefferies remains constructive on India’s consumer finance space, saying the operating environment for non-banking financial companies (NBFCs) has improved following the easing of tensions in West Asia. In a recent note, the brokerage said growth and collections are tracking well ahead of last year, while softer bond yields and expectations of delayed interest…
MUMBAI: E-commerce arch-rivals Flipkart and Amazon are on an expansion spree of sorts-they are aggressively ramping up the count of fulfilment centres to gain market share in quick deliveries, a segment they have been late to enter, ceding most of the space to Eternal’s Blinkit, Swiggy’s Instamart and IPO-bound Zepto.As they play catch up in…
BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.“AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed,” Nilekani told shareholders at…
Cristiano Ronaldo cuts off journalist’s question about Lionel Messi after making World Cup history/ Image:X Cristiano Ronaldo was happy to talk about records, criticism and Portugal’s emphatic response against Uzbekistan. He was far less interested when the conversation turned towards Lionel Messi.The Portugal captain produced one of the standout performances of the World Cup so…
Hollywood icon Tom Cruise has cemented his status as one of cinema’s greatest action stars. This time, however, he is set to surprise audiences with a completely different avatar in ‘Digger,’ offering a fresh and unexpected side of his talent.On Tuesday, the actor dropped a new ‘Retrospective Trailer’ of his upcoming black comedy ‘Digger’, from…
Billionbrains Garage Ventures Ltd., parent company of trading platform Groww, is looking to build a three-tier wealth platform across retail, affluent and High Net Worth Individual (HNI) segments, going beyond the traditional broking business, Kotak Institutional Equities wrote in its latest note on Tuesday, June 23. Kotak maintained its “buy” recommendation on Groww with a…
MUMBAI: Reserve Bank of India has opened the floodgates for foreign capital, allowing Indian banks to route money from overseas branches to non-resident Indians for deposits back home under a revamped FCNR(B) scheme, while also removing key currency and credit risks to spur inflows.The second dispensation that will have a multiplier effect on NRI deposits…
