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Venkatesha Babu

Karnātaka

Bureau Chief and Associate Editor at The Hindu Business Line

Flotsam & Jetsam drifting on life’s tide. Mostly retweets of stuff I find interesting. RT's & likes ≠ endorsements (duh!) and other usual disclaimers.

Articles

  • 1 month ago | thehindubusinessline.com | Venkatesha Babu

    On Monday, TTK Prestige informed the bourses that its Non-Executive Chairman and Director on the board TT Jagannathan who had served in various capacities including that of Managing Director and Executive Chairman would be stepping down from all roles. Even as the company board conferred the title of ‘Chariman Emeritus’ and requested him to be a non-executive director, the bland announcement belied the rich 50-year legacy that Jagannathan cooked up at the company he inherited.

  • 2 months ago | thehindubusinessline.com | Aishwarya Kumar |Venkatesha Babu

    German mobility major Bosch Ltd has reported a profit-after-tax (including exceptional items) at ₹458 crore for the quarter that ended on December 31, down by 12 per cent year-on-year (YoY) from ₹518 crore. The revenue from operations stood at ₹4,465.7 crore for Q3FY25 crore from ₹4,205.2 crore, up by 6.2 per cent YoY. The revenue growth is driven by the increase in service income from the development of automotive components for major OEMs, said the company.

  • Nov 23, 2024 | thehindubusinessline.com | Venkatesha Babu

    The Congress government led by Siddaramiah in Karnataka got a fillip on Saturday after the ruling party wrested the Chennapatna and Shiggaon seats from NDA partners – BJP and JDS while retaining Sandur in the Assembly bypolls.

  • Nov 4, 2024 | thehindubusinessline.com | Aishwarya Kumar |Venkatesha Babu

    Pharma major Biocon Ltd announced its quarterly earnings reporting a loss of ₹16 crore for the quarter ending September 30. While the company missed analyst and market expectations, it is poised for growth in the second half of FY25. Siddharth Mittal, CEO and Managing Director of Biocon Ltd spoke to businessline about how the company is aligned with its growth strategy and the guidelines set for the year.

  • Nov 1, 2024 | thehindubusinessline.com | Venkatesha Babu

    Dynamic House, located on Church Street in the most fashionable part of Bengaluru, is today a pale shadow of the powerhouse it once was. The headquarters of British Physical Laboratories (BPL), a group which once was a dominant player in consumer electronics and telecom, is back in the news only because of the demise of TP Gopalan Nambiar or TPG, as he was fondly referred to, at the age of 94 on Thursday after a prolonged illness.

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11 Apr 25

RT @SecRubio: We extradited Tahawwur Hussain Rana to India to face charges for his role in planning the horrific 2008 Mumbai terrorist atta…

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10 Apr 25

RT @monikahalan: The case for buying health insurance in India gets weaker by the day. Ineffective regulator and rapacious industry.

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Onlooker @venkateshababu
10 Apr 25

If India were to similarly check...

Department of Government Efficiency
Department of Government Efficiency @DOGE

An initial survey of Unemployment Insurance claims since 2020 revealed the following: - 24.5k people over 115 years old claimed $59M in benefits - 28k people between 1 and 5 years old claimed $254M in benefits - 9.7k people with birth dates over 15 years in the future claimed