Ola initiates downsizing across verticals; up to 500 may be laid off

Company says looking at leaner, consolidated teams to keep strong profitability intact

Watch | Covid booster dose administration spikes in June 2022

Deconstructing the NSE co-location scam

Portfolio podcast | Will global central banks step in to calm markets sometime?

Video: What is twin deficit?

Podcast | Explained: Twitter controversy

Podcast | Explained: Twitter controversy

Twitter is back in the news for the clash with the Indian government.

Subscriber Exclusive

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Natural gas futures: Stay away for now

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Pace of ANDA approvals needs to quicken for top pharma players

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Weekly Rupee view: No immediate relief for the rupee

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Decoding mutual fund industry flows

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How ethanol push puts sugar stocks in a sweet spot

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What’s new in our Star Track MF Ratings

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Why you should buckle up with EV insurance

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

Titan turns Sensex’s biggest gainer on strong June quarter sales

Harshad Mehta scam: Wife Jyoti breaks silence

Broker's call: Sobha (Buy)

Broker’s Call: ICICI Lombard (Outperform)

Markets gain for 2nd day; Sensex up 427 points, Nifty closes above 16000 level

Battery metals witness sharp correction, but downside may be limited

Natural gas futures: Stay away for now

Brent crude crawls over $100-a-barrel

Oil prices extend drop as recession fears cloud global demand outlook

Commodities crash to multi-month lows as recession fears grip markets

Rupee falls 19 paise to 79.13 against US dollar

Rupee falls 12 paise to 79.06 against US dollar in early trade

RBI should make conscious effort to ‘internationalise’ Rupee: SBI report

Rupee rises 3 paise to close at 79.30 against US dollar

Rupee rises 9 paise to 79.24 against US dollar in early trade

Battery metals witness sharp correction, but downside may be limited

Natural gas futures: Stay away for now

Brent crude crawls over $100-a-barrel

Oil prices extend drop as recession fears cloud global demand outlook

Commodities crash to multi-month lows as recession fears grip markets

Opinion

Trending

Indian Energy Exchange (₹154.65): SELL

Harshad Mehta scam: Wife Jyoti breaks silence

KYC updation: SBI freezes accounts, customers are in for a shock

ITC to exit JV with Logix set up for developing Noida hotel

Books

Agri Business

Wheat flour export to be cleared by inter-Ministerial panel from July 12

M&M plans to expand farming services business

Basmati export unit value realisation tops $1,000/tonne in April-May

Heggade’s RS nomination: An honour to areca growers, says Campco

Soyabean sowing gains pace in Central India with pick up in rains

Mother Dairy cuts prices of soyabean, rice bran oils

Rain systems on a string from Odisha don’t bode well for soaked Central India

Money & Banking

Street vendors have high repayment rate under PM SVANidhi: Hardeep Singh Puri

Street vendors have high repayment rate under PM SVANidhi: Hardeep Singh Puri

NPAs in 12-13 per cent range

Hike in deposit rates have lagged behind lending rate increase

Hike in deposit rates have lagged behind lending rate increase

Lending rates have increased largely in line with the repo rate hike, while deposit rates have not been hiked in tandem

Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report

Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report

Credit growth at ₹2.6-lakh cr far outstripped bank deposit growth at ₹1.04-lakh cr in the current year

RBI steps in to boost forex inflows, stem rupee weakness

RBI steps in to boost forex inflows, stem rupee weakness

It also eased norms for NRI deposits

Paritosh Tripathi appointed MD & CEO of SBI General Insurance

Paritosh Tripathi appointed MD & CEO of SBI General Insurance

Tripathi succeeds PC Kandpal as MD and CEO of SBI

Motor own damage cover: IRDAI permits sophisticated add-ons

Motor own damage cover: IRDAI permits sophisticated add-ons

Way of driving, use of vehicles now turn important

Markets

Poll Question

Will the merger of HDFC and HDFC Bank trigger a consolidation in the banking industry?

quicktake

Quick Take: Why the stock markets cheered, while bond markets sulked post Budget

Though the Budget had every excuse to announce some populist handouts ahead of upcoming State polls, it seems to have refrained

Indian Energy Exchange (₹154.65): SELL

Harshad Mehta scam: Wife Jyoti breaks silence

KYC updation: SBI freezes accounts, customers are in for a shock

ITC to exit JV with Logix set up for developing Noida hotel

myTVS launches ‘Life360’ digital platform for a range of services in aftermarket

Resolution professional for McNally Bharat Engineering Company issues invitation for EoI

Harshad Mehta scam: Wife Jyoti breaks silence

ACME Green Hydrogen to invest ₹52,474 crore in new plant at Thoothukudi

Editor's pick

‘Nanomaterials can help fix issues with conventional batteries’

‘Nanomaterials can help fix issues with conventional batteries’

High efficiency and miniaturisation are their strength, says Shantikumar V Nair, Dean, Nanosciences and Pharmacy, Amrita Vishwa Vidyapeetham

India’s recruitment across sectors grew by 3 per cent

India’s recruitment across sectors grew by 3 per cent

As per Monster Employment Index, the demand for top management with over 15 years of experience showed the maximum growth in hiring

Amitabh Kant to be new Sherpa of G-20

Amitabh Kant to be new Sherpa of G-20

India assumes the G-20 presidency later this year.

Indian start-ups fund raising has declined by 33 per cent in April-June this year: Tracxn

Indian start-ups fund raising has declined by 33 per cent in April-June this year: Tracxn

A downturn in investors’ confidence is due to market slowdown and volatility based on the current economy and geopolitical situation

Titan’s sales up, adds 245 new stores in Q1 FY23

Titan’s sales up, adds 245 new stores in Q1 FY23

For the quarter, all its verticals registered more than 100 per cent growth, except for Titan Engineering which achieved 35 per cent growth

India in talks to increase aviation bilaterals: Scindia

India in talks to increase aviation bilaterals: Scindia

For Indian carriers this could be a good news as they are looking at adding more aircraft to their fleets

Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report

Working capital utilisation by sectors linked to geo-political tensions impacted: SBI report

Credit growth at ₹2.6-lakh cr far outstripped bank deposit growth at ₹1.04-lakh cr in the current year

Ola initiates downsizing across verticals; up to 500 may be laid off

Ola initiates downsizing across verticals; up to 500 may be laid off

Company says looking at leaner, consolidated teams to keep strong profitability intact

Multimedia

Companies

Tata Power to spend ₹75,000-crore in next five years on renewables

Tata Power to spend ₹75,000-crore in next five years on renewables

Tata Power is looking to scale up its generation capacity to over 30 GW by FY27, says Chandrasekaran

FMCG sector expected to see recovery in volumes in the second half of the fiscal

FMCG sector expected to see recovery in volumes in the second half of the fiscal

FMCG companies are likely to put off further price hikes

Spencer’s Retail looking to optimise product mix in the non-food segment

Spencer’s Retail looking to optimise product mix in the non-food segment

Also plans to grow omni-channel business to scale up profitability

Piramal Pharma strengthens board with three additions

Piramal Pharma strengthens board with three additions

Peter Stevenson, Nathalie Leitch and Sridhar Gorthi to join board

SAT quashes SEBI’s penalty for disclosure lapses in ArcelorMittal Nippon Steel case

SAT quashes SEBI’s penalty for disclosure lapses in ArcelorMittal Nippon Steel case

A ₹2 lakh fine on Essar Steel for not making the requisite disclosure under LODR rules pertaining to issuance of non-convertible debt securities in

Ola initiates downsizing across verticals; up to 500 may be laid off

Ola initiates downsizing across verticals; up to 500 may be laid off

Company says looking at leaner, consolidated teams to keep strong profitability intact

Info-tech

Vivo remitted 50% of its turnover to China to avoid tax in India: ED

Vivo remitted 50% of its turnover to China to avoid tax in India: ED

Over 18 companies were incorporated across the country using fake documents

IT firms seen posting tepid revenue growth in Q1; margins under pressure

IT firms seen posting tepid revenue growth in Q1; margins under pressure

Sector’s earnings season set to begin with TCS results on July 8

Samsung to launch Galaxy M13 Series on July 14

Samsung to launch Galaxy M13 Series on July 14

Samsung Galaxy M13 series comes with an auto data switching feature

WhatsApp enables flash calls for automatic verification; more features under development

WhatsApp enables flash calls for automatic verification; more features under development

Only available on WhatsApp for Android and not iOS

Apple announces Lockdown Mode against spyware

Apple announces Lockdown Mode against spyware

Apple’s Lockdown feature adds extreme protection for iOS 16, iPadOS 16, and macOS Ventura

To tame attrition, IT players have hired 40% of workforce in one year

To tame attrition, IT players have hired 40% of workforce in one year

Covid-19 accelerated companies’ automation programmes worldwide, thereby driving the hunt for tech talents

Portfolio

Mastering Derivatives: Is there an alternative to protective put?

Mastering Derivatives: Is there an alternative to protective put?

Long call strategy is operationally efficient to set up

Weekly Rupee view: No immediate relief for the rupee

Weekly Rupee view: No immediate relief for the rupee

USD/INR hitting 80 is just a matter of time

How ethanol push puts sugar stocks in a sweet spot

How ethanol push puts sugar stocks in a sweet spot

Ethanol blending brightens prospects and brings in possibility of re-rating, given the higher profitability of the distillery segment

Index Outlook: Not much room to rise in Sensex, Nifty 50

Index Outlook: Not much room to rise in Sensex, Nifty 50

Key resistances ahead can cap the upside and keep the broader downtrend intact

What’s new in our Star Track MF Ratings

What’s new in our Star Track MF Ratings

Presenting refreshed mutual fund ratings from this week with key value additions

Should you buy a villa or build it yourself?

Should you buy a villa or build it yourself?

There are many advantages to self-building, if you can manage it

Videos from BusinessLine on Campus

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Shiv Shivakumar's spirited lessons for MBAs entering corporate life

Speaking at the grand finale of BLoC Boardroom Challenge 2021, he offers six insights to B-schoolers.

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

'Thinking about the future will help'

'Thinking about the future will help'

Mohammed Thaysir of Chennai Business School, says students shouldn't be stuck on just getting a job

Is your job a 100-metre dash or a marathon?

Is your job a 100-metre dash or a marathon?

Treat the first three years of your job as an extension of your management programme

'For an interview, prepare thoroughly about yourself'

'For an interview, prepare thoroughly about yourself'

Great Lakes Institute of Management student, Akanksha Ahuja gives you a few tips on acing interviews

'Don't ask the interviewer irrelevant questions'

'Don't ask the interviewer irrelevant questions'

Bharath Prasad, a graduate of GLIM, says it's better to not ask questions than asking half-baked ones

Slideshow

video

Podcast | Explained: Twitter controversy

Podcast | Explained: Twitter controversy

Twitter is back in the news for the clash with the Indian government.

Resources

Feb 01, 2022

Budget 2022-23: Speech of Finance Minister, Nirmala Sitharaman

Feb 01, 2022

Key feaures of Budget 2022-23

Jan 31, 2022

Full Text | Economic Survey 2021-22

Walking in Indian Cities – A Daily Agony for Millions

How ‘shopoholic’ UPL adds muscle with takeovers

Homegrown agrochem MNC UPL believes in collaborations to drive growth and revenue

Birla-Adani in cement slugfest to be top player

With housing and roads expected see a boom, cement makers will be jockeying for the top slot

Uday Shankar: In the reckoning again

Former Star chief is back in the game with IPL digital bid

Mastering Derivatives: Is there an alternative to protective put?

Long call strategy is operationally efficient to set up

Weekly Rupee view: No immediate relief for the rupee

USD/INR hitting 80 is just a matter of time

How ethanol push puts sugar stocks in a sweet spot

Ethanol blending brightens prospects and brings in possibility of re-rating, given the higher profitability of the distillery segment

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up