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Nitin Gadkari urges private ports to cater to cruise tourism

Nitin Gadkari, the Union minister for road transport and highways and shipping, with Maharashtra chief minister Devendra Fadnavis inspecting the deep-submergence vehicle of Dream Cruises, Genting Dream in Mumbai on Saturday. Genting Dream anchored at the berth in her maiden voyage and will be carrying 1,900 passengers from the city till Singapore, via Colombo Photo: PTI

Foxconn not going anywhere, says Devendra Fadnavis

Elon Musk unveils solar roof shingles at Los Angeles event

Twitter lost Vine’s audience—and the video stars it created

infotech

Google tries new approach with voice on Pixel phone

Has Wipro’s Rishad Premji triumphed over Infosys’s Vishal Sikka?

Google is competing fiercely with social network Facebook for dominance in the fast-growing mobile advertising market. Photo: Reuters

Google parent Alphabet profit surges on mobile, video ads

Google parent Alphabet bested analysts’ estimates for third-quarter profit and revenue

Apple seeks to reclaim lost PC market share with new MacBooks

Facebook executives feel the heat of content controversies

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financial services

Pursuant to the in-principle approval from government, the central board of directors of the State bank of India decided to offer and issue shares to government, SBI said in a BSE filing. Photo: Pradeep Gaur/Mint

SBI to allot shares to govt on preferential basis for capital infusion of Rs5,681 crore

PNB plans to raise Rs6,000 crore via bonds

SBI cuts lending rates by 0.15%

Due process followed in giving loans: Tata Capital

ICICI Bank cuts lending rate by 0.1%

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manufacturing

Volkswagen HR chief says expects five-digit number of job cuts: report

Mahindra Electric to stick to Europe plans despite low UK sales

Bosch closes Jaipur plant as pollution board revokes licence

Maruti Suzuki’s Q2 results top estimates to back its rich valuation

Other than the India business, Tata Steel has a debt of about Rs50,000 crore. Photo: AFP

Tata Steel assures investors on European business sale plans

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telecom

Telecom secretary said according to Trai, there has been an improvement in the call drop situation now. Photo: Pradeep Gaur/ Mint

Telecom minister Manoj Sinha to meet telco chiefs on call drop issue on 1 Nov

Telecom firm CenturyLink nears deal to merge with Level 3

Samsung reports sharp fall in profit on Galaxy Note 7 recall

Sunil Mittal elected chairman of GSMA

Airtel eyes new data plans to take on Reliance Jio

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energy

Opec splits prevent supply deal with other producers in Vienna

Elon Musk unveils solar roof shingles at Los Angeles event

RIL gets world’s first very large ethane-carrying ships

India’s $20 billion refinery expansion to cut fuel oil output

The global search for LNG comes as India’s gas-fired plants, which can generate nearly 25 gigawatts of power, run at less than a quarter of their capacity because of a shortage of the fuel at affordable prices. Photo: AFP

India in global hunt for new LNG contracts to fire power plants

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retail

iQuippo.com already has some 600 equipment listed on itself, and it expects to facilitate around 50-60 transactions a month.

Srei launches online marketplace iQuippo for construction equipment

Consumer goods firms report poor Q2 results, but expect better times

Flipkart is in strong hands now: Outgoing CFO Sanjay Baweja

Amazon set to bring Launchpad to India

Pepperfry launches house brand for modular kitchens to boost gross sales

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hr

VW’s works council, currently in talks with VW’s brand management over a turnaround plan for the core VW brand, expects up to 25,000 staff to be cut over the next decade as older workers retire. Photo: Reuters

Volkswagen HR chief says expects five-digit number of job cuts: report

Sebi employees demand independent internal oversight system

How managers can help their introverts network

Musings on management

Adapting your organizational processes to a new culture

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industry opinion

So far, only railway freight for primary movement of finished fertilizers from plants/ports to the nearest railway station of the dealers was reimbursed. The fertilizer ministry has a yearly budget of about Rs2,000 crore for this subsidy. Photo: Priyanka Parashar/Mint

All Above Board

P. Manoj

Will fertilizers, automobiles show water transport the way?

Fertilizer ministry’s decision to bring coastal shipping and inland water transport under freight subsidy plan shows government is willing to tweak schemes to prop up the twin sectors

Investors have argued India’s ability to attract private funds into its state-run ports would depend to a large extent on freeing rates from regulatory control. Photo:

All Above Board

P. Manoj

Shippers turn cautious as end of port rate regulator TAMP nears

Govt has decided to scrap Tariff Authority for Major Ports when it goes for an overhaul of the institutional structure of 11 ports by converting them to authorities from trustee set-up

More recyclers in Alang are rushing to upgrade their yards to meet the global standards. Photo:Reuters

All Above Board

P. Manoj

Alang swept by winds of change

About 25 ship-recycling facilities have approached IRClass for different services which include compliance audit against the Hong Kong convention, EU compliance audit and ISO certifications

With barely a handful of firms in this space such as Ricoh Auto Ltd and Gabriel Ltd, shares of Endurance Technologies command a scarcity premium in the market. Graphics by Naveen Kumar Saini/Mint

Vatsala Kamat

Endurance Tech: scarcity premium lifts stock on listing

Given the IPO was subscribed 43.7 times, there could have been a rush to buy shares of Endurance Technologies by those who missed the bus—the reason for the euphoria on listing

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