Billionaire industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla on Thursday underlined the group's firm commitment to the cash-strapped telco Vodafone Idea, and asserted that efforts are on to rope in external investors.
On how soon such investors could be onboarded, Birla told PTI, "We are making good progress but can't put in a timeline."
"We remain very committed to Vodafone Idea and like we have said in public domain, efforts are on to get outside investors," he said, while speaking at a conference here to mark the launch of the group's decorative business.

Kumar Mangalam Birla

Enforcement Directorate has urged the Bureau of Immigration for renewed travel restrictions to safeguard investor interests in the Byju's FEMA violation probe

Byju Raveendran, Byju's founder

India is on track to become a USD 10 trillion economy in coming years and grab the third-largest slot soon, World Economic Forum President Borge Brende said on Thursday as he described the country as a place with optimism not seen elsewhere in a very fragmented and polarised world.
In an exclusive video interview with PTI, Brende also said that the World Economic Forum (WEF) hopes to come back to the country with the WEF India Summit in collaboration with Government of India when the time is ripe.
"The Indian economy is the fastest growing among all large economies of the world. We saw in Davos this year that there was a huge interest in India and I think this will only continue," Brende said.
Geneva-based WEF, which describes itself as an international organisation for public-private cooperation, holds its annual meeting in the Swiss ski resort town Davos every year in January.
Brende said Indian Prime Minister Narendra Modi is "always very, very welcome to Davos".
"When you come

World Economic Forum President Borge Brende

A report suggested that the measures, which will be formally approved on February 24, will target three companies in mainland China and one in India

European Union

Within in PSU space Bernstein prefers ONGC, Coal India, IOC, Bank of Baroda, GAIL, BPCL, Canara Bank, HPCL, Oil India and MRPL.

stock, markets, stocks, equity, shares, bse, fund, mutual fund stock picks

Here is the best of Business Standard's opinion pieces for today

recession

The stifling of freedom of expression in West Bengal is unfortunate and amounts to the murder of democracy; the TMC government is flouting constitutional norms, he added

Anurag Thakur

On the upside, the PSU Bank index is likely to face resistance around 7,280 to 7,350, says Ravi Nathani, an independent technical analyst.

stocks, stock call, buy, sell, trading ideas, buy sell ideas

Israel's foreign minister said on Monday that Brazil's president would not be welcome in Israel until he apologises for comments he made comparing Israel's war in Gaza to the Holocaust, accusing him of a very serious antisemitic attack.
On Sunday, President Luiz Inacio Lula da Silva said that what is happening in the Gaza Strip and to the Palestinian people hasn't been seen in any other moment in history. Actually, it did when Hitler decided to kill the Jews. Lula made the comments while speaking to reporters at the African Union summit in Ethiopia.
Foreign Minister Israel Katz summoned the Brazilian ambassador to Israel's national Holocaust museum in Jerusalem on Monday for a reprimand.
The things that Lula said when he compared the righteous war of the State of Israel against Hamas, which murdered and massacred the Jews, and Hitler and the Nazis is shameful and unacceptable, Katz said.
On Monday evening, Lula recalled Brazil's ambassador to Israel, Frederico Meyer, to the country

Luiz Inacio Lula da Silva

The returning officer who conducted the Chandigarh mayoral polls "accepting the crime of rigging" the elections shows how hungry the BJP is for power, Samajwadi Party chief Akhilesh Yadav said on Monday after the Supreme Court came down heavily on the officer for allegedly defacing ballot papers.
BJP supporters should understand how the party is winning every election through "theft and scams". Neither the country nor the future of their own children is safe in the hands of such people, Yadav said in a post on X in Hindi.
Earlier in the day, the Supreme Court posed searching questions to Returning Officer Anil Masih and said that putting a mark on ballot papers cannot be allowed in an electoral democracy.
During the hearing, Chief Justice of India D Y Chandrachud voiced displeasure over the way the January 30 mayoral polls were held and told Masih that he could be prosecuted in case of any falsehood.
"The (pro-)BJP presiding officer's accepting the crime of rigging the Chandigarh .

Akhilesh Yadav

The Modi govt's equity contribution to public sector units has risen even as their capacity to generate resources has taken a hit

capex, PSU, NDA, public sector undertakings

The apartment size is 10,813 sq ft and it comes with five car parkings, the document showed.

Fintech giant is planning to apply for third-party application provider licence

paytm

Based on segments, the target achieved in electric two-wheelers is 78 per cent, for electric three-wheelers 88 per cent, and for electric four-wheelers much lower at 56 per cent

electric cars, EV, electric vehicle

Sony-Zee merger: Punit Goenka, managing director and chief executive officer at ZEEL, has agreed to Sony's demand of him not becoming the CEO of the merged entity

sony zee merger

Czech farmers were driving their tractors and other vehicles to several border crossings on Thursday to meet their colleagues from neighbouring countries and join forces in their protests against European Union agriculture policies, bureaucracy and overall conditions for their business.
Farmers complain that the 27-nation EU's environmental policies, such as the Green Deal, which calls for limits on the use of chemicals and on greenhouse gas emissions, limit their business and make their products more expensive than non-EU imports.
The farmers also complain about low prices for their products and say grain and other agriculture products coming from Ukraine and Latin America negatively affect the market.
The farmers met their colleagues from neighbouring Germany, Poland and Slovakia at a number of border crossings. Farmers from 10 EU countries, ranging from Central Europe to the Baltics and the Balkans, were participating in the protest, organisers said.
The farmers invited Czech ..

european union

China's foreign ministry has said research by the vessel was "exclusively" for peaceful purposes to benefit scientific understanding

Chinese navy sailors wave as Chinese naval missile frigate Yueyang departs for the Rim of the Pacific exercise, at a military port in Sanya, Hainan province, in 2014

Downdetector showed users of Verizon, T-Mobile and UScellular also faced disruptions

telecom, trai, mobile, data, internet, smarphone, tech, 4g, 5g, tower, spectrum auction

Human interaction remains a top choice when considering aspects of decision-making, customer support, and returns or cancellations, said the survey

Artificial Intelligence, AI

Dubai has introduced a five-year multiple-entry visa to boost travel between India and the Gulf nation, according to the Dubai Department of Economy and Tourism (DET).
In 2023, Dubai welcomed 2.46 million overnight visitors from India, which is a 25 per cent increase from the pre-pandemic era. This made the country the number one source market, the latest data from DET said on Thursday.
In the year-ago period, the city hosted 1.84 million tourists from India, while in 2019, it welcomed 1.97 million visitors, it added.
The data suggested that with an exceptional 34 per cent year-on-year growth, India continued to be the number one source market with the highest number of international visitors from a single country.
"Dubai introduced a five-year multiple-entry visa to further bolster travel between India and Dubai, to foster sustained economic collaborations and encourage tourism and business ties," the DET said.
This step ensures that the visa, issued within 2-5 working days upon 

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Farmers from 10 EU countries join forces to protest agricultural policies

Maldives visit of Chinese ship could rouse Indian Ocean security concerns

AT&T cellular outage in US disrupts vital services in major cities

57% Indian consumers prefer AI tools over human interaction, shows data

Dubai introduces 5-year multiple-entry visa for Indians to boost tourism

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Vodafone Idea board to meet on Feb 27 to consider fundraising proposals

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EU's latest sanctions against Russia include Indian, Chinese companies

Limited opportunities with PSUs; bet on dividend yield, momentum: Bernstein

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