Page 34 - BS Premium
HCL, UNLEASH to develop solutions for aquatic ecosystem conservation
These solutions will aim to tackle challenges from source (mountains and glaciers) to sink (oceans and seas) and their links to terrestrial ecosystems, according to a statement
 "HCL, UNLEASH to develop solutions for aquatic ecosystem conservation")
Saudi wealth fund takes $1.5 billion stake in Prince Alwaleed's firm
The Public Investment Fund acquired a 16.9 per cent stake in Kingdom Holding for 9.09 riyals a share, according to a statement on Sunday
 "Saudi wealth fund takes $1.5 billion stake in Prince Alwaleed's firm")
Taiwan not included in launch of new Biden Indo-Pacific pact: Report
The US president is slated to highlight the launch of the framework as he meets with Japanese Prime Minister Fumio Kishida on Monday
 "Taiwan not included in launch of new Biden Indo-Pacific pact: Report")
China, climate & inflation: New Australian PM has his task cut out
Albanese seized upon the rising cost of living as a key issue in his attack on the outgoing coalition govt
 "China, climate & inflation: New Australian PM has his task cut out")
Production shortage? India's wheat procurement subpar despite export ban
Farmers have been holding on to their produce as the price of wheat in the open market recouped some of the losses it suffered in the aftermath of the ban
 "Production shortage? India's wheat procurement subpar despite export ban")
WEF brings Open Forum back for public at Davos after a hiatus of over 2 yrs
Two years later, general public can now interact with global leaders
 "WEF brings Open Forum back for public at Davos after a hiatus of over 2 yrs")
Opposition states follow Centre, reduce VAT on petrol and diesel
However, among BJP-ruled states, Gujarat was unlikely to follow suit and reduce VAT on petrol and diesel, said senior officials
 "Opposition states follow Centre, reduce VAT on petrol and diesel")
Talent within? CEO choice puts spotlight on Indian airlines' HR policies
Foreigners being selected to lead Indian carriers speaks about the companies' succession planning, say experts.
 "Talent within? CEO choice puts spotlight on Indian airlines' HR policies")
Ukraine war, economic uncertainty delays Nayara Energy stake sale plan
"With the war, the chances of a Western company buying a stake in Nayara looks difficult. They may have to look for Indian equity partners," said a banker.
 "Ukraine war, economic uncertainty delays Nayara Energy stake sale plan")
Centre likely to spend another $26 billion in FY23 to fight inflation
The government estimates another Rs 500 billion additional funds will be needed to subsidise fertilisers, from the current estimate of Rs 2.15 trillion, two officials said
 "Centre likely to spend another $26 billion in FY23 to fight inflation")
Statsguru: From food to fuel, here's how rising prices are affecting us
In April, the wholesale food price index rose 8.9 per cent, while the consumer food price index rose 8.4 per cent
 "Statsguru: From food to fuel, here's how rising prices are affecting us")
Tax revenue boost or expenditure cuts can help meet fiscal deficit target
The impact of Saturday's excise duty cuts will be Rs 1 trillion for a year, Finance Minister Nirmala Sitharaman had said
 "Tax revenue boost or expenditure cuts can help meet fiscal deficit target")
FMCG, paint companies feel the pain as rupee slides to an all-time low
The rupee's free fall comes at a time when FMCG and paint companies have been battling higher raw material costs for over a year, and have been forced to go for multiple rounds of price hikes
 "FMCG, paint companies feel the pain as rupee slides to an all-time low")
Infosys reappoints Salil Parekh as CEO and MD for the next 5 years
Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years
 "Infosys reappoints Salil Parekh as CEO and MD for the next 5 years")
LIC Housing Finance plans to expand project loan business in FY23
With this, "the company will take the share of project finance from 5 per cent to 10 per cent in incremental business in the current year", said Y Viswanatha Gowd, MD and CEO, LIC Housing Finance.
 "LIC Housing Finance plans to expand project loan business in FY23")
Discoms' dues to gencos touch Rs 1.19 trillion amidst coal-power crisis
The Union Ministry of Power recently asked six states to clear their dues to power generating stations and national miner Coal India (CIL).
 "Discoms' dues to gencos touch Rs 1.19 trillion amidst coal-power crisis")
New audit rulebook for SPACs in offing: Govt may legalise, allow listing
The draft Bill to amend the Companies Act is expected to be ready by the second quarter of the current fiscal year
 "New audit rulebook for SPACs in offing: Govt may legalise, allow listing")
L&T plans to exit road, power concessions, incubate digital business
Company aims to touch revenue of Rs 2.7-3 trillion, achieve order inflow of Rs 3.4 trillion and return on equity of over 18 per cent by FY26
 "L&T plans to exit road, power concessions, incubate digital business")
Maharashtra joins World Economic Forum in fight against plastic pollution
The partnership will bring together Maharashtra's leading policymakers, business leaders, among others to formulate a state-level plan to eradicate plastic pollution
 "Maharashtra joins World Economic Forum in fight against plastic pollution")
Battery defects, insufficient testing caused EV fires: DRDO report
'Defects may have happened because companies intentionally used lower-grade materials to cut costs,' it says.
 "Battery defects, insufficient testing caused EV fires: DRDO report")
