Starbucks plans Chennai GCC with 800 new jobs CHENNAI: US-based coffee chain Starbucks will set up a global capability centre (GCC) in Chennai. It will likely create 800 high-value jobs in the first phase.The new centre will add to Chennai’s growing GCC ecosystem, with companies using the city to build technology, business and other global…
NEW DELHI/MUMBAI: A year after GST rates were cut, automobile dispatches have continued to climb. Several two-wheeler users moved to four-wheelers as price cuts improved affordability, TV buyers have shifted towards larger sets and consumer goods volumes picked up in the Oct-Dec quarter, although they are now under pressure due to the West Asia crisis.Passenger…
NEW DELHI: Govt has with immediate effect dissolved its apex decision-making body for telecom and digital communication – digital communications commission (DCC), which was originally established as telecom commission in 1989, before being renamed in 2018. The communication ministry’s department of telecommunication (DoT) notified this decision through a Sept 19, 2026 resolution that was published…
JP Morgan chairman & CEO Jamie Dimon MUMBAI: JP Morgan is the world’s most valuable bank, and its chairman and CEO Jamie Dimon is the longest serving chief of a large global bank. In an interview with TOI, Dimon speaks of what it takes to run America’s largest bank and his definition of success.You completed…
The sharp increase in presidential trading has renewed concerns about possible conflicts of interest. (AP file photo) Did you know that US President Donald Trump has carried out more securities trades than all members of Congress combined since his return to the White House in January 2025? Interestingly, he supports legislation that would prohibit lawmakers…
The entire 508-km Mumbai-Ahmedabad High-Speed Rail corridor is scheduled to be completed by December 2030. Even as it builds the country’s first high-speed train set for the first time, Indian Railways has already set the ball rolling for another set of bullet trains that will run at 350 kmph.India is planning to develop and manufacture…
NSE IPO closes strong after decade-long wait for stock market listing (representative image) The $2.3 billion initial public offering of the National Stock Exchange of India (NSE) was subscribed 5.7 times by the end of the final day of bidding on Monday, as investors placed bids for more than five times the shares on offer.The…
India’s exports to China rise nearly 40% as electronics, engineering goods gain (representative image) India’s exports to China rose nearly 40% in the five months through August, with electronics and engineering goods emerging as key drivers, even as the bilateral trade relationship remains heavily tilted in Beijing’s favour, according to an analysis of government data…
Petrol pumps to stop accepting UPI above Rs 2000. Petrol pump dealers in Madhya Pradesh have announced that they will stop accepting UPI payments above Rs 2,000 from October 16, citing the additional merchant charges under the new UPI Merchant Discount Rate (MDR) framework.The Madhya Pradesh Petroleum Dealers Association said fuel pump operators, who work…
The facility allows customers to move from one issuer bank to another according to their requirements. (Image from representative purpose only) Motorists will no longer need to remove and replace the FASTag affixed to their vehicle when they want to change the bank that issued it. Union minister Nitin Gadkari recently launched ‘OneTag’, a portability…
