Explained | Has the process to measure TRPs improved?

After rigging allegations, what steps has the Broadcast Audience Research Council, which releases the ratings, taken? The story so far: The Information and Broadcasting Ministry has asked the Broadcast Audience Research Council to resume the release of television rating points (TRPs), also known as target rating points, data. It had been suspended in late 2020 after the police unearthed a […]

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TCS retains passport project; chip-based e-passports soon

Largest software exporter TCS on Friday bagged the second phase of the Passport Seva Programme (PSP), after an over decade-long work in the first phase which has witnessed rapid strides in citizens availing the services. The second phase of the PSP, which is already the largest mission-critical e-governance programme in India, will last nine-and-a-half years and see the company deploy […]

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Foreign carmakers are keen on Ford plant, says Tamil Nadu Industries Minister

Early-stage conversations are going on, govt. is facilitating talks: Thennarasu Foreign automakers have indicated an interest to the Tamil Nadu government in acquiring Ford Motor Company’s plant there, the State Industries Minister said on Thursday, after inconclusive talks with the Tata Group. Ford announced plans to stop production in India in September, as it did not see a path to […]

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Mukesh Ambani talks of leadership transition at Reliance, wants to accelerate the process

Speaking at the Reliance Family Day, Mukesh Ambani said Reliance is now in the process of effecting a momentous leadership transition… Richest Indian Mukesh Ambani on Tuesday mentioned about leadership transition at his energy-to-retail conglomerate, saying he wants the process to be accelerated with seniors, including him, yielding to the younger generation. Mr. Ambani, 64, who has previously not spoken […]

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CCI slaps ₹202-crore penalty on Amazon, suspends approval for Future Coupons deal

This comes amid a bitter legal battle between Amazon and Future Group over the latter’s proposed ₹24,713 crore-deal with Reliance Retail Ventures. In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon’s deal to acquire stake in Future Coupons Pvt Ltd and also imposed a ₹202 crore penalty on the […]

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Crown Resorts Seeks Revised Offer From Blackstone; Offers Access To Books

Australian casino operator Crown Resorts Ltd. (CWN.AX) Monday said that the takeover proposal from Blackstone Inc. (BX) at a price of A$12.50 cash per share does not represent compelling value, and that it expects a revised proposal that adequately reflects the value of Crown. For this purpose, Crown has offered Blackstone the opportunity to access its non-public information to undertake […]

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438 infra projects show cost overrun of ₹4.34 lakh crore

Reasons for time overruns as reported by various project implementing agencies include delay in land acquisition, delay in obtaining forest and environment clearances, and lack of infrastructure support and linkages As many as 438 infrastructure projects, each worth ₹150 crore or more, have been hit by cost overruns totalling more than ₹4.34 lakh crore, according to a report. The Ministry […]

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International airport at Jewar to bring Noida, Greater Noida at par with Gurugram: Realtors

Prime Minister Narendra Modi on Thursday laid the foundation stone for the Noida International Airport The proposed international airport at Jewar in Uttar Pradesh is likely to boost property market of Noida and Greater Noida and will bring the two cities at par with Gurugram, according to real estate developers and consultants. Prime Minister Narendra Modi on Thursday laid the […]

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Domestic two-wheeler volume to shrink 1-4% YoY this fiscal: ICRA

Further, ICRA said that the lacklustre festive season performance also highlights the continued wariness among the low-income population regarding big-ticket purchases. Domestic two-wheeler (2W) volume is expected to shrink by 1-4% year-on-year this fiscal, impacted by relentless increase in two-wheeler prices as well as record high petrol cost, among others, credit ratings agency ICRA has said. Further, ICRA said that […]

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