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Subscribe to enjoy similar stories. Hyundai Motor India Ltd’s lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance. A key disappointment was the 70-basis-point (bps) sequential drop in operating margin, which fell to 12.8% in the September quarter (Q2FY25).

Subscribe to enjoy similar stories. GCCs are offshore units set up by multinational companies to take on key technology-driven tasks. GCCs include tech operation centres run by companies headquartered abroad, driven by India’s tech talent and cheap real estate.

In today’s article, we will be discussing about best refrigerators by Panasonic. Known to be one of the topmost appliance brands in Japan, Panasonic has established its place in Indian homes as well. Their refrigerators are smart, energy efficient and offer plenty of storage space for food items. Let’s take a look at look at the list of 10 best Panasonic refrigerators in the article below.

One of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme

Insolvency and Bankruptcy Board of India (IBBI) has proposed amendments to the Insolvency Resolution Process for Corporate Persons Regulations, 2016 and to make it mandatory to form monitoring committees to oversee implementation of resolution plans under the bankruptcy code. While the current framework under Regulation 38 of the CIRP Regulations provides certain basic recognition to monitoring committees, the proposed amendments aim to make their constitution mandatory for implementation of all resolution plans, the bankruptcy regulator said in a discussion paper. The proposed framework will empower the Committee of Creditors (CoC) to take final decisions on the constitution, composition, and functioning period of the monitoring committee, as part of the resolution plan.

Trade (DPIIT) has approved the ₹10,000-crore acquisition of Anil Ambani-promoted Reliance Capital by Hinduja Group-backed IndusInd International Holdings (IIHL), sources familiar with the development told ET. With this approval, all regulatory clearances required to finalise the transaction are now in place, said sources. IIHL had already secured approvals from the Reserve Bank of India (RBI), the Insurance Regulatory and Development Authority of India (IRDAI), and stock and commodity exchanges earlier this year.

Digital Public Infrastructure (DPI), Artificial Intelligence and data for governance amid global economic growth at just over 3%, its lowest rate since the turn of the century. Accelerating progress towards the SDGs requires inclusive digital transformation.

A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car

Tax Justice Network's 'State of Tax Justice 2024' report was made public on Tuesday. It has dropped like a grenade into the neatly-raked zen garden of global finance. The report reveals a staggering $492 bn lost annually to global tax- dodging that's lounging in secret offshore accounts, funding billionaire jets, yachts and even booking for future intergalactic travel. This is a tale of two kinds of tax-avoiders: one, corporate; the other, personal. Two-thirds of the total $347.6 bn comes from MNCs playing an elaborate game of offshore hopscotch to underpay taxes. The remaining third, $144.8 bn, stems from HNIs hiding their treasure chests in tax havens. So, who's enabling this grand evasion? Eight countries, the 'Elite Eight', are at the forefront: Australia, Canada, Israel, Japan, New Zealand, South Korea, Britain and the US. Together, these economic heavyweights are responsible for nearly half of global tax abuse losses.

Khalistani terrorist Hardeep Singh Nijjar. The report alleged that PM Modi was aware of the plot to kill Nijjar in British Columbia. MEA said, such ludicrous statements made to a newspaper purportedly by a Canadian government source should be dismissed with the contempt they deserve. «Smear campaigns like this only further damage our already strained ties,» MEA added.

The best lawn mowers available online today come with advanced features such as adjustable cutting heights, efficient grass collection systems, and durable blades that ensure a clean and precise cut every time. With convenient online shopping, you can easily compare different models, and find the perfect mower to suit your lawn care needs and budget. From compact, user-friendly designs to robust, heavy-duty machines, there’s an ideal lawn mower waiting for you.

LG Electronics and its parts suppliers plan to invest a total of Rs 7,000 crore to build the company's third factory and create a vendor base in Sri City, Andhra Pradesh, said two industry executives aware of the development. LG Electronics will invest Rs 5,000 crore, and its Korean and Chinese parts suppliers the remainder, the executives said. LG, India's largest home appliances maker by sales, has sought 300 acres from the Andhra Pradesh government for the project which will generate over 1,500 direct jobs, the executives said asking not to be named. LG plans to produce air-conditioners, refrigerators, washing machines and televisions in the new facility for the Indian market and exports, the executives said.

Bagheera, featuring Sriimurali and Rukmini Vasanth in lead roles, is set to premiere on Netflix on November 21, 2024. Directed by Dr. Suri, the movie has made history as the first Kannada film to secure streaming rights with a global platform, marking a significant step forward for Kannada cinema in the digital arena. Netflix officially announced the film’s release, confirming that it will be available in multiple languages, including Kannada, Telugu, Tamil, and Malayalam, ensuring its accessibility to audiences across India. Bagheera originally hit theaters during the competitive Diwali 2024 window, going head-to-head with other big-budget films. Despite the stiff competition, it carved out a strong foothold among viewers, earning critical acclaim and emerging as a box-office success. To date (November 20), the film has grossed ₹31 crore worldwide, with over Rs 18 crore collected from the Indian box office alone, solidifying its status as a profitable venture given its modest budget. The film’s gripping narrative, crafted by KGF and Salaar creator Prashanth Neel, combines a compelling superhero saga with emotional storytelling and high-stakes drama. Bagheera features a stellar ensemble cast, including Prakash Raj, Achyuth Kumar, Sudha Rani, Ramachandra Raju, and others, whose performances enhance its appeal. Arjun Shetty’s stunning cinematography and B. Ajaneesh Loknath’s electrifying score further elevate the movie’s cinematic experience.

steel imports are landing from FTA countries at nil duty and any duty hike will not have any impact on these shipments, Steel Secretary Sandeep Poundrik said on Wednesday while acknowledging that there is a genuine problem of supply glut due to increased imports. His comments have come against the background of domestic steel players raising concerns over rising cheap steel imports from select nations, affecting their competitiveness. The domestic industry has also sought an increase in customs duty on steel products to check below-cost shipments. Speaking at a Ficci event here, the Steel Secretary even if the government raises the basic customs duty on imports, the move will not have the desired impact as 62 per cent of the shipments entering India from FTA nations. There is a genuine problem and the ministry is aware of that, Poundrik said adding that there are multiple ways to protect the domestic industry but the only problem is that 62 per cent of imports are from FTA countries.

Priyank Kharge visited the Uber display at the Bengaluru Tech Summit on Wednesday to check out Uber Shuttle, the newest offering in India from the ride-hailing app. The mobility platform executives gave a demo of how the app works and explained about how Uber Shuttle would help more people book their travel in larger vehicles like Shuttles and take their own private vehicles off roads. The mass-transit mobility solution is designed for urban commuters, featuring real-time tracking, digital payments, pre-booked seats, and air-conditioned pocket-friendly rides, running on fixed routes, Uber said in a statement. Uber India president Prabhjeet Singh was present during the demonstration.

World Trade Organization (WTO) India’s quality control orders (QCO) on various products including medical textiles, footwear and viscose staple fibre, and certain measures which restrict its import of copper, wooden boards and tyres. These issues came up at a meeting on market access in WTO on Wednesday. Last year, Canada, Japan, the UK and the EU had raised concerns at India’s QCOs terming them protectionist. “Some new trade concerns pertaining to India’s QCOs were raised at the meeting,” said a Geneva-based official.

Ashwini Vaishnaw on Wednesday said India was focussed on developing the content creators' economy, showcasing the country's rich heritage and culture, and diversity of languages and literature. In his video address at the inaugural event of the International Film Festival of India (IFFI) here, Vaishnaw said with the addition of technology and development of creators' ecosystem, India can play a major role in the media and entertainment sector globally. «We in India at this point in time are very much focussed on developing content creators' economy. We have a very vibrant creators' economy where people are coming up with very innovative content showcasing some of the very rich heritage of India, the cuisines of India, the culture of India and the gems of Indian language and literature,» he said. The 55th edition of IFFI began here with a glittering opening ceremony at Dr Shyama Prasad Mukherjee Stadium here.

Guyana as President Irfan Ali broke the protocol to receive PM Modi at the airport. Both Guyana and Barbados, another small Caribbean country, will confer their highest national awards on Modi. People of Indian origin, the biggest ethnic group in Guyana, make up 43.5% of the population. There are around 3,20,000 people of Indian origin in Guyana, according to the Ministry of External Affairs (MEA), which described it as «one of the oldest Indian diasporas, which migrated more than 185 years ago». «Prime Minister received a rousing and colorful welcome from the Indian community and the Indo-Guyanese diaspora in the presence of several Cabinet Ministers of Guyana,» the MEA said in a statement. However, the presence of a large Indian-origin community is not the only reason PM Modi is visiting Guyana. It may be a tiny country but it is assuming great global significance due to its huge oil reserves. Forging economic relations with smaller countries is part of Modi's agenda to bring together the Global South.

insurtech sector has mobilised USD 2.5 billion over the years and the industry is expected to attract more investment in the future as there are significant growth opportunities in the space, a report said on Wednesday. According to Boston Consulting Group (BCG) and India InsurTech Association (IIA) report, India has about 150 insurtech companies, with 10 unicorns and «soonicorns» and over 45 «minicorns» with a 12 times increase in revenue over the past five years to reach USD 750 million. Cumulative funding has surpassed USD 2.5 billion, bringing the total ecosystem valuation to over USD 13.6 billion, the report said. While global insurtech funding has slowed down, the report said, APAC's insurtech sector has shown resilience.

Agar traders feel that industry will be transact business to the tune of a whopping Rs.50,000 crore annually once international trade centre comes up in Assam. MJI Perfumes, Assam's first make in perfume from agar, has attracted hordes of visitors at the Assam Pavilion in the ongoing 43rd India International Trade Fair (IITF) at the Bharat Mandapam in New Delhi. One of the highlights of the Assam Pavilion, the stall selling Agar and its derivatives has evoked a very good response from the residents of Delhi-NCR. The man who is on mission agar is none other than Dr.Jehirul Islam. Dr Islam returned to Assam from Saudi Arabia in 2008 and plunged headlong into deep research in agarwood farming. Called ‘liquid gold’ for its high commercial value, as its oil is used for making perfumes that are loved by the people in the Middle East and the Arab world, he discovered the disease in this indigenous plant and also pioneered the legalisation of its trade.

urban freight efficiency and cut logistics costs, an official said on Wednesday. Under the Indo-German technical cooperation, Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ's) Green Freight Project supported the relevant state authorities in the preparation of the model CLPs and adopting international best practices. This is crucial for reducing congestion, pollution and logistics costs while improving the overall quality of life in cities. Additional Secretary in the DPIIT Rajeev Singh Thakur said that both Delhi and Karnataka governments have provided support for developing these plans.