India Financial News
16.12 / 00:17
markets
Aviat
Fighting
Airlines
Strategy
cover
rights
Hello, 6E: Whose brand is it anyway?
Subscribe to enjoy similar stories. In a marketplace where even the simplest code can signal brand identity, low-cost airline IndiGo’s tussle with automaker Mahindra and Mahindra over “6E" poses a fundamental question: when does a combination of letters and numbers stop being generic and become proprietary brand turf? At first glance, the dispute seems unusual. IndiGo, India’s largest airline, uses 6E as its call sign, a unique identifier in aviation.
16.12 / 00:17
markets
UPS
Analysis
show
reports
Refining margins of state-run oil marketing companies fall this fiscal
Subscribe to enjoy similar stories. New Delhi: Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts of Russian oil and declining prices in global markets, experts said. Mangalore Refinery and Petrochemicals Ltd, a public sector enterprise under the Union petroleum ministry and a subsidiary of Oil and Natural Gas Corp.
16.12 / 00:17
UPS
Citi
Booking
Airlines
Metro
travelers
Destinations
Airfare on metro routes down 28%, up on non-metro routes
Subscribe to enjoy similar stories. New Delhi: Those planning to travel between metro cities this year-end are in for a treat. According to data from ticket booking portals, airline ticket prices between metropolitan cities have crashed by almost a third this month compared to December 2023.
15.12 / 23:49
Progressive
Fighting
poverty
stage
country
audience
social
Narayana Murthy explains how India can overcome poverty with 70-hour workweek
Infosys co-founder Narayana Murthy has once again defended his stance on the need for a 70-hour workweek. During a recent visit to Kolkata, which he described as «the most cultured place in the entire country,» Murthy emphasized that India’s youth must embrace hard work if the country is to reach its full potential on the global stage. He addressed the issue at the centenary launch of the Indian Chamber of Commerce, sharing his thoughts with RPSG Group chairman Sanjiv Goenka. Murthy stressed that India’s young workforce must aim higher to achieve national progress. «At Infosys, we compared ourselves with the best global companies, and I can tell you, we Indians still have a lot of work ahead,» Murthy said. He pointed out that 800 million Indians rely on free rations, a sign of the nation’s widespread poverty. «If we are not in a position to work hard, then who will?» he asked, urging the audience to take responsibility for their collective future.
15.12 / 21:41
UPS
Provident
FIVE
testing
bowling
India vs Australia 3rd Test Day 3 LIVE Score: Will rain play spoilsport again in Brisbane?
India vs Australia 3rd Test Day 3 LIVE Score: India will look to get the final three Australian wickets early on the third day of the ongoing third Test at the Gabba in Brisbane and give the visiting batters much game time. After only 13.2 overs were bowled on the opening day due to rain, Day 2 saw no interruptions as Australia made merry of a pitch that offered no turn. While Travis Head (152) brought up his second consecutive hundred in the series, Steve Smith (101) returned to form with his 33rd Test ton.
15.12 / 20:01
15.12 / 20:01
Strategy
Software
Death
Experts
musician
hospital
information
Ustad Zakir Hussain is alive! Family and friends say tabla maestro is critical but 'very much breathing'
Also Read: I&B ministry confirms Zakir Hussain's death news «My brother is deeply ill at this time. We are asking for all his fans around India and around the world to pray for him, to pray for his health. But as India's greatest ever exports, do not finish him off just yet,» she said.
15.12 / 20:01
UPS
Software
Research
students
social
donates
Top engineering colleges hit the fund trail to boost research, infrastructure
BITS Pilani and Indian Institutes of Technology (IITs) Delhi, Madras and Kanpur, among others, are looking to fill their coffers through efforts such as donation campaigns, encouraging collective donations through chapters or batches, organising leadership delegations to countries where alumni reside, increased reunions and alumni get-togethers, encouraging high net-worth donors to set up centres of excellence, forging close connections with companies for corporate social responsibility (CSR) funding and setting up alumni chairs. Aiming high
15.12 / 20:01
markets
Strategy
Software
Experts
PAM
classical
testing
Tons of trouble for India: Travis Head and Steven Smith power Australia to dominant position with centuries
Travis Head put an insipid Indian bowling attack to sword for his second successive hundred while veteran Steven Smith wore the opposition down with a statement century to put Australia in a favourable position on day two of the third Test here on Sunday. Australia reached a commanding 405 for 7 at stumps courtesy, a 241- run stand between Head (152 off 160) and Smith (101 off 190) for the fourth wicket after the visitors put them in a spot of bother at 75 for three in the morning. The Indian bowlers, who impressed in the first session, lost their way to allow Head and Co to dominate the proceedings. Jasprit Bumrah (5/72), who came up with welcome wickets both in the morning and towards the end of play, was once again the stand out bowler for the visitors.
15.12 / 17:19
markets
Digital
Strategy
Software
Election
Experts
Schools
"What happened in past is history, let historians debate it": Shashi Tharoor on PM Modi's speech in Parliament
Shashi Tharoor on Sunday criticised Prime Minister Narendra Modi's speech in Parliament, urging him to focus on addressing present challenges rather than dwelling on the past. «The answer was already given the previous day by Priyanka Gandhi. Why go on about the past? You are accountable for the present and what is happening today and tomorrow. What happened in the past is history; let historians debate it,» Tharoor said. «Even though I have written extensively about these issues, I am not entering that debate because, for me, the government is responsible for the condition of Indians today, the functioning of the Constitution today, and the future of our youth. While I am impressed by the list of initiatives he mentioned, he always omits the negatives we have been pointing out,» the Congress MP added.
15.12 / 17:19
Action
Opinion
President
Justice
reports
Courts
politician
There's no place for majoritarian judges
Allahabad High Court judge Shekhar Kumar Yadav had forsaken even the fig leaf of being above suspicion when he declared that India should function according to the wishes of the 'bahusankhyak' (majority) while attending a VHP event on the Uniform Civil Code. To boot, he even bandied a derogatory term to describe rigid Muslim clerics. While Supreme Court has sought a report on his actions, Yadav should be removed as judge.
15.12 / 17:19
markets
Williams
Software
War
Celebrity
Mukti Joddhas, Bangladesh Army officers to attend Vijay Diwas celebrations: Def official
Mukti Joddhas and serving officers of the Bangladeshi armed forces arrived here on Sunday evening to attend the Vijay Diwas celebrations, a defence official said. The Vijay Diwas celebrations on Monday will be attended by West Bengal Governor C V Ananda Bose and Chief Minister Mamata Banerjee, he said. The nine-member delegation is headed by a brigadier-rank officer of the Bangladesh Army, the official said. Six other family members of the delegates are also accompanying them for attending the Vijay Diwas celebrations in Kolkata on December 16, which marks Indian Armed Forces' historic victory over Pakistan in the 1971 war, he said.
15.12 / 17:19
markets
Software
Experts
PAM
performer
social
Renowned tabla maestro Zakir Hussain passes away at 73 in the US
Zakir Hussain passed away at the age of 73 in the US on Sunday, December 15. The legendary musician had been hospitalized due to serious health concerns, with updates shared on social media. Hussain was admitted to the ICU due to heart-related issues. Soon after the news borke, industrialist Harsh Goenka tweeted, «The world falls silent as the tabla loses its maestro. Ustad Zakir Hussain, a rhythmic genius who brought the soul of India to global stages, has left us. I was privileged to know him because of his connection with HMV and hear him perform at our home. His beats will echo eternally.»
15.12 / 16:05
markets
UPS
Target
Food
wellness
reports
ITC Foods targets growth in north and west India amid shift to branded products
Subscribe to enjoy similar stories. ITC Ltd will continue to scale its existing food brands and look for opportunities in the premium segment, as multitudes in India's relatively poorer parts, such as Bihar, Uttar Pradesh, and Rajasthan, are entering the consuming class, potentially boosting demand for branded food products, a senior company official said. The Kolkata-based fast-moving consumer goods (FMCG) company, which operates in categories such as staples, snacks, health foods, dairy and beverages, is also open to acquisitions to bolster its brand portfolio and drive growth, hinting at a couple of deals shortly.
15.12 / 16:05
markets
UPS
security
reports
cricket
Sporting
chess
Companies queue up to advertise with youngest-ever world chess champion Gukesh
Subscribe to enjoy similar stories. India's chess prodigy Gukesh Dommaraju scripted history on Thursday, outsmarting reigning champion China's Ding Liren to become the youngest world champion after a fortnight-long battle of nerves and knack. As the news poured in from Singapore, marketers had found a new mascot.
15.12 / 14:31
markets
COST
UPS
Cooper
CEO
track
travelers
How grapes from Nashik conquered the world
Subscribe to enjoy similar stories. Nashik: Varsha Suresh Boraste was in her early twenties when her husband died in a road accident. The newly married bride turned widow was left with a three-month-old toddler and a tiny farm plot, just about two acres, in rural Maharashtra.
15.12 / 14:31
UPS
Ball
Gap
innovations
travelers
fencing
India Women vs West Indies Women Live Score: India Women score after 11 overs is 95/1
India Women Innings Highlights : India Women vs West Indies Women Live Score: India Women Smriti Mandhana 33 (23) Jemimah Rodrigues 33 (17) West Indies Women Shamilia Connell 0/11 (1) India Women vs West Indies Women Live Score: SIX! TRAVELS THE DISTANCE FOR SIX! Short-pitched around leg, Jemimah Rodrigues pulls this and the ball sails over the fence towards the long leg region for six runs. Jemimah Rodrigues is striking at around 200.
15.12 / 14:11
markets
Provident
Software
awards
Experts
country
innovations
UltraTech Cement Limited becomes India's first cement company to use inland waterways for gypsum transport
UltraTech Cement Limited is leveraging inland waterways to transport a large consignment of mineral gypsum via National Waterway 1 (Ganga-Bhagirathi-Hooghly river system) in a pilot project that was flagged off by the Minister of Shipping, Ports, and Waterways, Sarbananda Sonowal at G.R. Jetty, Kolkata today. UltraTech is the first cement company in India to leverage National Waterway 1 for gypsum transport at scale. The Inland Waterways Authority of India (IWAI) and Inland & Coastal Shipping Ltd, a wholly owned subsidiary of the Shipping Corporation of India (SCI), supported UltraTech's participation in the pilot. The consignment is being shipped from Haldia port in West Bengal to the Gaighat terminal in Patna, Bihar, and transported to Pataliputra Cement Works, UltraTech’s cement grinding unit in Patna district, Bihar. The use of inland waterways over roadways and railways will result in significant carbon emissions reductions and help decongest roads and rail routes. UltraTech’s participation in the pilot provides a boost to the Central government's efforts to promote the use of inland waterways in the country.
15.12 / 14:11
markets
Citi
Digital
Strategy
Software
track
Traffic
Indian Railways to elevate tracks for smooth traffic during Maha Kumbh 2025
Indian Railways, in collaboration with the Uttar Pradesh State Bridge Corporation, has undertaken a project to elevate railway tracks to remove level crossings before next year's Maha Kumbh, officials said on Sunday. The initiative is set to ease traffic congestion, save travel time, and provide significant relief to city residents, they added. Celebrated in a cycle of 12 years, the Maha Kumbh will be held in Prayagraj from January 13 to February 26. Rail under bridges (RUBs) and rail over bridges (ROBs) are ready on almost all the level crossings in Prayagraj where movement will start fully before the mega event, officials said.
15.12 / 14:11
Strategy
Software
Election
President
Golf
Justice
Courts
Singh re-elected as IGU chief; rival faction's Shetty too claims presidency in controversial polls
Brijinder Singh was re-elected as the president of the Indian Golf Union (IGU) for a second consecutive term during the Annual General Meeting (AGM) here on Sunday. The elections for IGU office-bearers and the Governing Council for the 2024-2026 term were held unopposed as the number of candidates matched the available positions. Singh was the lone candidate for the president's post, while S K Sharma and Sanjiv Rattan were elected unopposed as secretary and treasurer, respectively. The nine members elected to the Governing Council are Farzan R Heerjee (Jharkhand), Harpuneet Singh Sandhu (Chandigarh), Harish Kumar (Uttarakhand), Nagesh Singh (Assam), Dr Param Navdeep Singh (Rajasthan), Sameer Sinha (Gujarat), Shashank Sandu (Maharashtra), Simarjeet Singh (Uttar Pradesh), and Viren Singh Ghumman (Punjab).
15.12 / 14:11
markets
CEO
Strategy
Software
UnitedHealth
Experts
reports
Luigi Mangione: How his mother’s role shaped his mental health struggles and arrest in the UnitedHealth CEO Murder Case
Luigi Mangione, 26, at the center of a tragic tale involving mental health struggles, family tension, and societal rebellion. The complex relationship between Mangione and his mother, combined with his deteriorating mental state, forms a pivotal angle in understanding his actions leading up to this high-profile case, as mentioned in a report by Times of India.
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