Follow The Times of India - Business, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/timesofindiadiatimes7 Sat, 29 Jan 2022 14:46:11 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1PDeDuagAMe5VjH6qdYdAk About a week after BharatPe founder Ashneer Grover went on leave, his wife Madhuri Jain Grover - who is also working with the company - has followed suit as the firm undertakes an independent audit of its internal processes and systems.]]> Sat, 29 Jan 2022 15:28:07 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1PDeDuagAMe5VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0EGNLYdtivxilmFkX7M1Jw All professionally run airlines and hospitality companies treat “commercially important person/s” (CIP) — those who get business — as the real VIP. Air India’s new and original owners, the Tata Group, have made the airline join this league too.]]> Sat, 29 Jan 2022 13:29:26 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0EGNLYdtivxilmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2rL_Es4HbcbZs0ohxaO6Yr India's foreign exchange (forex) reserves fell by $678 million to $634.28 billion in the week ended January 21 due to a sharp decline in foreign currency assets, the Reserve Bank of India (RBI) data showed.]]> Sat, 29 Jan 2022 13:19:59 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2rL_Es4HbcbZs0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2rL_Es4HbcbV1cWWor9YPv ]]> Sat, 29 Jan 2022 12:32:56 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2rL_Es4HbcbV1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2GYqkWx3F27V1cWWor9YPv ]]> Sat, 29 Jan 2022 05:40:48 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2GYqkWx3F27V1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2eW4efXI8liilmFkX7M1Jw ]]> Sat, 29 Jan 2022 05:28:53 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2eW4efXI8liilmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2eW4efXI8lipVjH6qdYdAk ]]> Sat, 29 Jan 2022 05:21:20 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2eW4efXI8lipVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_W11cWWor9YPv ]]> Sat, 29 Jan 2022 04:00:00 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_W11cWWor9YPv https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_W6CY3L745TL_ The coming decade will see an upsurge in capital expenditure across many sectors, Aditya Birla Group chairman Kumar Mangalam Birla said in a post on his reflections of the last two years.]]> Sat, 29 Jan 2022 03:45:36 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_W6CY3L745TL_ https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_WylmFkX7M1Jw The RBI has said that India is on course to rank among the world’s fastest growing economies, but there is some distance to go.]]> Sat, 29 Jan 2022 03:45:30 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2lAUwPM29_WylmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2WikNCVfwNZHn9ye8UNv30 Air India flights started operating under the Tata banner from Friday after nearly seven decades. Getting the most suitable buyer means the debt-laden airline has avoided a shutdown like Kingfisher or Jet Airways. But what does it mean for passengers?]]> Sat, 29 Jan 2022 01:50:54 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2WikNCVfwNZHn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2WikNCVfwNZClmFkX7M1Jw Sunil Mittal’s Airtel secured a $1 billion ‘strategic funding’ from Google as the American tech giant widened its investment spread in India beyond the $4.5 billion (Rs 33,737 crore) deal it had signed up with Mukesh Ambani’s Reliance Jio in July 2020.]]> Sat, 29 Jan 2022 01:40:52 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV2WikNCVfwNZClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0FXpBg5BEiCSlmFkX7M1Jw ]]> Sat, 29 Jan 2022 00:06:43 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0FXpBg5BEiCSlmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1JCiYf2oAwFMb1naedg1wr The government is likely to set aside about Rs 3 lakh crore ($40 billion) on food and fertiliser subsidies in its budget next week for 2022-23, officials said, roughly the same amount the government budgeted for this fiscal year ending in March.]]> Fri, 28 Jan 2022 22:51:22 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1JCiYf2oAwFMb1naedg1wr https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV27f3HSsmiLFilmFkX7M1Jw Ahead of the presentation of Economic Survey, government appointed Dr V Anantha Nageswaran as the chief economic adviser (CEA). In an official release, the ministry of finance said on Friday that Dr Nagewaran has assumed charge as the new CEA. Nageswaran succeeds Krishnamurthy Subramanian who returned to academia at the end of his three-year tenure in December 2021.]]> Fri, 28 Jan 2022 18:58:35 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV27f3HSsmiLFilmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV27f3HSsmiLFpVjH6qdYdAk The Reserve Bank of India (RBI) is committed to its mandate to keep prices stabile while keeping its growth objective, deputy governor in charge of monetary policy, Michael Patra, said in a memorial lecture on Friday. The central bank had cut its key lending rate to a record low of 4% in response to the pandemic and has kept it there since May 2020 but concerns over the need for policy normalisation have been growing in recent months with inflation edging higher.]]> Fri, 28 Jan 2022 18:42:56 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV27f3HSsmiLFpVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0AiTXRYKyAI5VjH6qdYdAk The National Asset Reconstruction Company (NARCL) or bad bank has received all approvals to commence operations, and a total of 38 NPA accounts worth Rs 82,845 crore have been identified to be transferred to NARCL initially, State Bank of India Chairman Dinesh Khara said on Friday.]]> Fri, 28 Jan 2022 18:27:53 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV0AiTXRYKyAI5VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1dEeGfaJE325VjH6qdYdAk Equity indices are facing the longest run of foreign outflows in five years, an exodus that’s stalling the market’s steady surge from pandemic lows in March 2020. Foreign institutional investors (FIIs) have been net sellers every month since September, dumping $7.9 billion worth of local shares since.]]> Fri, 28 Jan 2022 15:56:58 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1dEeGfaJE325VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1APkE8Llinips0ohxaO6Yr Malaysia's AirAsia Group Bhd said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline. Capital A has been investing heavily in payments business BigPay, logistics arm Teleport and its mobile Super App to gain other sources of revenue, though they remain in growth phases and were loss-making in the quarter ended Sept. 30, 2021.]]> Fri, 28 Jan 2022 15:53:56 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV1APkE8Llinips0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV3GCYt0hlaUG8b1naedg1wr India might need to cut fuel taxes further to ease inflation pressures if global oil prices shoot up further, according to Goldman Sachs Group Inc., a move that would slightly dent the nation’s revenue collections.]]> Fri, 28 Jan 2022 15:16:33 +0200 https://api.follow.it/track-rss-story-click/v3/U-tMLx-1bV3GCYt0hlaUG8b1naedg1wr