News Headlines

Companies in Bengaluru favour flexi spaces

Friendlier lease agreements and reduced spend make this growing market highly attractive In November last year, payment service company Exceleron Software gave up its office of eight years in a commercial building at J.P. Nagar by just letting the lease agreement die a natural death. It now calls a smaller space its office, having signed […]

Budget 2020

Don’t react to every event: Paying attention to the wrong message can be detrimental to investments

The year of the Chinese virus has ended and it’s a cliche to say that the impact will be felt for a long time. However, there’s a problem: the compulsion among some analysts and some of the media to make dead certain pronouncements about the impact and the outcomes on an almost continuous basis. This […]

News Headlines

Urban demand picks up after 3 quarters; though rural growth still robust

Mumbai/ New Delhi: After three quarters of downturn, urban demand has picked up for packaged consumer goods companies riding on stronger growth in discretionary categories and companies regaining their pricing power. Since the nationwide lockdown beginning March-end, villages had been driving the overall market growth, outpacing cities which were severely impacted by pandemic-induced disruptions, companies […]

Sports

Australian Open: Players in quarantine up to 72, even opening door could attract $20k fine

Now that the PCR test results have started to come back, nervousness has set in among the players preparing to compete at the Australian Open. Three individuals, including 2019 US Open champion Bianca Andreescu’s coach Sylvain Bruneau, tested positive for COVID-19 after arriving in Melbourne on flights from Los Angeles and Abu Dhabi. This led […]

News Headlines

Give up stubborn stand and come for clause by clause discussion on Jan 19: Agri Minister to protesting farmer unions

Ahead of the next round of talks with farmer unions on Tuesday, agriculture minister Narendra Singh Tomar said unions should come up with some concrete proposals for discussions other than repealing of laws. “They are staging a protest against the laws which are not under implementation. I don’t understand why unions are adamant on repealing […]

Budget 2020

Ajay Piramal wins the most contested bankruptcy bid for Dewan Housing Finance Ltd

Billionaire Ajay Piramal won the most contested bankruptcy bid for Dewan Housing Finance Ltd., trumping distressed fund Oaktree Capital and Adani Capital as creditors overwhelmingly voted for the drug-maker turned real estate and mortgage lender. Piramal’s bid received about 94 percent of votes of the creditors, followed by Oaktree at 45 percent, sources told ET. […]

News Headlines

India’s first Labour Movement museum to come up in Kerala

KOCHI: The country’s first Labour Movement Museum, showcasing the history of world labour movement, would be launched in Kerala‘s houseboat tourism hub, Alappuzha. The museum will feature a huge repository of documents and exhibits that shaped the labour movements across the continents and impacted Alappuzha, the cradle of the labour movement in the country, in […]

Sports

Australian Open: Tennis stars slam hotel food in quarantine

With strict quarantine rules ahead of the corona-affected Australian Open 2021, set to begin on February 8, tennis stars have come forward to express their anger over the quality of food being provided at their designated hotel. Initially the plan was for competitors to be allowed out for five hours a day to train but […]