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Over 700K sellers now on ONDC
Over 700,000 sellers and service providers have been onboarded on Open Network for Digital Commerce (ONDC) so far, the government said on Thursday.
Bhopal gas tragedy: Toxic waste moved
The authorities said on Thursday they had completed moving toxic waste from the site of the 1984 Bhopal gas leak disaster, which killed more than 5,000 people, to a disposal facility.
DMart's Q3 revenue up 18% to ₹15,565 cr
Avenue Supermarts Ltd, which owns and operates retail chain DMart, has reported a 17.5% increase in standalone revenue from operations at ₹15,565.23 crore for the third quarter ended 31 December 2024.
Morgan Stanley quits climate group
Morgan Stanley said it has quit a global climate-banking group, joining other Wall Street firms to have left an alliance designed to support the reduction of greenhouse-gas emissions.
JK Lakshmi gets nod to merge with units
Leading bourses National Stock Exchange (NSE) and BSE have given consent to the merger of three subsidiaries into JK Lakshmi Cement.
151 Steel Standards Included in QCO
The government on Thursday said that 151 steel standards formulated by the Bureau of Indian Standards (BIS) have been incorporated in the Quality Control Order (QCO) so far.
Varun Beverages to invest ₹412 cr in arm
Varun Beverages Ltd (VBL), the leading bottler of PepsiCo, on Thursday announced to invest ₹412 crore in its South African subsidiary Beverage Co. Proprietary (Bevco).
White-collar hiring up 9% in December
White-collar hiring activity in December witnessed a 9% increase compared to the same period of the previous year, driven by high-skill and strategic roles, a report said on Thursday.
Tesla Posts 1st Drop in Sales in a Decade
Tesla's global sales rose 2.3% in the fourth quarter after a sluggish start to the year that contributed to the electric car company's first year-over-year sales decline since at least 2015.
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
The promise of China's market has faded as its once-booming economy hits trouble
Power demand shoots up amid cold wave across North India
With projections of the cold wave in Jan, the demand is expected to remain elevated
Big Retail Gets Bigger as Smaller Players Struggle in the U.S. Market
The three big retailers spent an estimated $47 billion on capital expenditures in 2023
US Army veteran who killed 15 in attack in New Orleans was inspired by Islamic State
A US Army veteran who drove a pickup truck into a crowd of New Year's revellers in New Orleans, killing 15 people, had posted videos to social media hours before the carnage saying he was inspired by the Islamic State group and expressing a desire to kill, the president said.
Air India seeks to extend its premium lead over IndiGo
AI plans to expand the business and premium economy offerings to 100 narrow-body aircraft
Ex-Maoists Get Capitalist Hug With Lloyd Metals' ESOP Issue
Recently, Lloyd looked to share ownership with its blue-collar workforce via stock options
Bollywood actors dabble with niche roles to prove versatility
Top Bollywood stars were quite experimental in their choice of films in 2024, but without much success in their endeavours. They only ended up denting annual box office collections.
Manufacturing PMI
In Sep quarter, India's GDP growth slid to a seven-quarter low of 5.4% amid the manufacturing slump
Sebi merges probes on Zee, Goenka, Chandra
The capital market regulator clubbed proceedings on Thursday against Zee Entertainment Enterprises Ltd (ZEEL), its chief executive Punit Goenka and former chairman Subhash Chandra over allegations of fund diversion and violation of disclosure requirements.
BharatPe hires Rothschild to sell up to 25% stake in Unity SFB
BharatPe turned Ebitda positive in 2024, recording consolidated revenue from ops of ₹1,426 crore in FY24
Heritage to grow beyond South, boost value-added dairy items
Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added products as demand for such items grows, a top official of the Hyderabad-based dairy company said.
EV players, Goyal to meet today, discuss infra-related issues
The government plans to install 10,763 public charging stations across the country under the FAME-II scheme
iBus eyes ₹2,000 cr in revenue, bets on digitization of buildings
Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity.
M&M, Tata Motors ride EVs to become first to win auto PLI
Govt okays ₹246 crore to be disbursed to the two firms—first since scheme was launched
Office rentals to rise as demand surges
Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth
Banks Push RBI for FX Swap Amid Liquidity Crunch
Such operations could effectively inject rupee liquidity into the financial markets
Indo Farm IPO gets subscribed 228x times
The initial public offering (IPO) of Indo Farm Equipment garnered a whopping 227.57 times subscription on the closing day of bidding on Thursday.
Euro falls to weakest versus dollar since 2022 amid US tariff concerns
Expectations are European Central Bank will cut interest rates more aggressively than the Federal Reserve
Market correction gives opportunities to buy, but valuations still high
The market is currently showing some signs of recovery, rebounding roughly 4% from its trough
Rupee expected to further weaken vs dollar in coming months
The rupee is expected to further weaken in the coming months as Trump's presidency strengthens the dollar, at least in the near term, experts said, adding that the central bank's interventions in the currency market are likely to ease.
Maruti's small cars revving again
Maruti Suzuki India Ltd's sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles.