Entrepreneurs of the green era

With entrepreneurs and investors taking us to the Green Frontier, what should policymakers do?

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The energy headwind

The surge in energy prices is a concern for growth; even if temporary, a reminder of India's strategic dependence on imported energy

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After Pakistan, China to skip India's NSA-level meet on Afghanistan

Cites 'scheduling issues'; NSAs of central Asian countries confirm participation in Nov 10 regional security dialogue

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Is the sell-off in IndusInd Bank stock a buying opportunity?

While most analysts remain positive, institutional attitude will be crucial

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Overseas funds seek relaxations in IPO payment rules from Sebi

Current framework restrictive, impacting capital allocation, FPIs tell regulator

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Logistics firm TCI Express planning drone deliveries by FY22-end

Express logistics company TCI Express is looking to begin deliveries using drones by the end of the ongoing fiscal, a top company official said. Recently, the company concluded its initial trials, TCI Express Managing Director (MD) Chander Agarwal told PTI. In the trials conducted in Ahmedabad, medicines and other urgent/immediate delivery packages weighing 5-10 kgs were delivered to customers, he said. "TCI Express has been continually adopting and investing in cutting-edge technologies to bring long-term value for customers. We look forward to initiating the express drone delivery concept by the end of this fiscal year," Agarwal said. Without sharing any investment amount, the MD said the company has already defined a corpus for this pilot project which will be utilised towards setting up infrastructure. More trials for a higher weight category will be conducted soon, he said, without divulging further information. Sharing more details related to the project, the MD said the tr

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After a six year gap, Chennai sees intense showers in 24-hours

The rainfall continued till Sunday, turning out to be one of the heaviest in recent years

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Maruti Suzuki keeps close watch on price movement of commodities

The country's largest carmaker Maruti Suzuki India is keeping a close watch on the price movement of commodities, which had touched an 'unprecedented' high in the second quarter, to fix its vehicle prices in the future as it has not fully passed on the impact to consumers, according to a senior company official. The company is hoping for a softening of commodity prices, which also move cycles, having "sort of reached the peak". "Material cost is an important cost in the overall cost structure for any OEM (original equipment manufacturer). Normally, 70-75 per cent of the total cost of an OEM is material cost. "In the second quarter, our material cost to net sales ratio had gone up to a very high figure of 80.5 per cent. This is unprecedented," Maruti Suzuki India Senior Executive Director (Marketing and Sales) Shashank Srivastava told PTI. When asked if the company will hike prices of its vehicles, especially around the new year as is usually done, he said, "We have to carefully ...

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