CATEGORIES

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.

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.

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.

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.

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.

Office rentals to rise as demand surges

Mindspace REIT CEO Nair also expects interest rates to ease, paving the way for higher growth

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

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.

Sebi uncovers front-running case, cracks the whip again on Ketan Parekh

The regulator debarred Parekh from dealing in the securities market till further investigation is completed

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.

Zaggle Eyes Three Acquisitions by Mar '26 to Fuel Growth

Zaggle Prepaid Ocean Services Ltd has zeroed in on three acquisition targets, a top executive told VCCircle, as the software-as-a-service fintech company looks to accelerate business growth after going public in late 2023.

Nvidia's Market Value Gets $2 Trillion AI Boost in '24

Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence (AI) and the robust demand for its AI-centric chips across various industries.

How UPI access will make digital wallet users' life easier

The initiative aims to incorporate PPIs into the UPI ecosystem to improve interoperability between players

Transactions via UPI up 8% in Dec: NPCI

Transactions through the popular Unified Payments Interface (UPI) touched a record 16.73 billion in December, recording a growth of 8% over the preceding month, according to data released by the National Payments Corporation of India (NPCI).

Ranjan Pai's family office plans medtech platform

Claypond Capital, the family investment office of Manipal Hospitals head Ranjan Pai, is creating a medtech platform to bet on medical devices and medical technology companies, VCCircle has learnt.

After US, India faces most cyber attacks

India emerged as the second most targeted nation in terms of cyber attacks in the world as 95 Indian entities came under data theft attacks in 2021, cyber intelligence firm CloudSEK said in a report.

CCI's Apple Probe Confirms Anti-Competitive Practices

CCI will share the confidential version of its report with Apple to enable them to prepare

Employment rose 36% to 643.3 mn in past 10 yrs: Minister

Union labour minister Mansukh Mandaviya on Thursday said employment in the country has increased by 36% to 643.3 million in 2023-24 from 471.5 million in 2014-15, which shows improvement in job creation during NDA period.

Mkt leaders urge FM to take steps to improve liquidity

Industry leaders from the capital market and financial sector urged measures to boost liquidity in the market and cut taxes on fixed deposit products in pre-budget consultations with finance minister Nirmala Sitharaman on Thursday.