CATEGORIES

Citi, Mastercard tie up on cross-border payments

Mastercard Inc and Citigroup Inc are collaborating to facilitate around-the-clock, cross-border payments with debit cards, giving consumers and companies another way to conduct business worldwide.

Han Kang first South Korean writer to win Literature Nobel

South Korean author Han Kang was awarded the Nobel Prize in Literature \"for her intense poetic prose that confronts historical traumas and exposes the fragility of human life.\"

Tesla's 'dream premium' faces moment of truth at Robotaxi reveal

The stakes for Tesla Inc are high as investors eagerly await the first look at the company's fully self-driving vehicle late on Thursday.

US inflation eases to its lowest level since Feb 2021

CPI up 2.4% Y-o-Y, slightly above forecast

Good Glamm buys Sirona for ₹450 crore

Beauty and personal care conglomerate Good Glamm Group has completed the acquisition of Sirona Hygiene for ₹450 crore (approximately $60 million) in an all-cash deal, marking one of the largest cash exits for a direct-to-consumer (D2C) startup in India, especially in the FemTech space.

Myntra's festival sale clocks record 627 mn user visits

Fashion e-commerce company Myntra has said that its recently concluded festival sale has been the firm's largest such edition by far, registering 627 million user visits, a significant growth over last year's edition.

NFRA slaps ₹2 crore penalty on Coffee Day auditors, bars CAs

The National Financial Reporting Authority (NFRA) on Thursday slapped a penalty of ₹2 crore on the statutory auditor and ₹15 lakh on two chartered accountants for professional misconduct in the audit of Coffee Day Enterprises Limited (CDEL) in FY20.

Ola Electric seeks time to resolve service complaints

Executives meet MHI after ARAI notice

Ministry of Ports plans int'l tie-ups to pool funds for insurance entity

Initially, the proposed P&I entity would cover only coastal and riverine vessels, which fall outside the international P&I framework and carry a lower risk profile, as previously reported.

WORLD BANK REPORT - Manufacturing output to jump 9% if more women join workforce

India's manufacturing output would increase by 9 per cent if more women joined the workforce, the World Bank said in its South Asia Development Update on Thursday.

WTO cuts 2025 global trade growth outlook to 3%

Says West Asia conflict may disrupt shipping, raise energy prices

Economists caution on RBI's growth optimism

Most project FY25 growth below 7.2%

Govt releases ₹1.8 trn to states in tax devolution

Includes advance instalment of ₹89K crore ahead of festival season

NBFCs raise over ₹3 trn in H1FY25 via domestic debt

Sep fundraise highest in current FY

PSB share in incremental credit falls on slower lending to NBFCs

Public sector banks' (PSBs) share in incremental credit declined by three percentage points to 51 per cent in September 2024 from 54 per cent a year ago as they moderated the pace of disbursements to non-banking finance companies and unsecured credit.

JCB bets on 'greener' machines

Heavy machines maker JCB, which is growing in double digits this year, is planning to make its machines “greener” by reducing fossil fuel consumption, the firm said.

IT firms' focus on building IP and platforms may trigger more lawsuits

Recently there has been a spurt in litigation by information-technology (IT) services players as the industry's business model transitions towards platform and intellectual property-led deals.

Air India orders 85 additional Airbus aircraft

Airline also considering placing order using Boeing options

Discretionary deal demand still low

In an analyst call on Thursday, Tata Consultancy Services Chief Executive Officer K Krithivasan elaborated that cost optimisation, vendor consolidation, customer experience transformation, and supply chain modernisation remain central themes for clients.

TCS sets in motion FY26 campus hiring process

IT major adds 11,000 employees in the first half of FY25

Who's who queue up to bid farewell to Ratan Tata

Industrialists, politicians, film stars, Tata group employees, friends, family members and admirers -- running into thousands -- queued up at the National Centre of Performing Arts (NCPA) at Nariman Point since Thursday morning to pay their last respects to Ratan Tata, 86.

Cautious demand scenario weighs on TCS show in Q2

Top line beats estimates, 5% profit growth disappoints

Govt considers seed funding for shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying its own funds as preliminary investment. This approach would involve private insurers and shippers contributing at a secondary stage, according to multiple officials familiar with the development.

Market rally takes collective wealth of richest 100 Indians beyond $1 trn

Mukesh Ambani, chairman and managing director of Reliance Industries, has once again secured top spot on Forbes' 2024 list of India's 100 richest tycoons, with his wealth increasing by $27.5 billion over the past year. The collective wealth of the 100 richest went past $1 trillion for the first time.

India on top of luxury firms' 'watch' list

Country's appetite for premium watches grows as China sees a downturn

Brand Maggi stronger than ever as Nestlé India gears up for new leader

Nothing has presented \"two minutes\" as tastefully as Maggi since its entry into India over four decades ago.

BURNING ISSUE

Minimum support price has been a bone of contention between the farmers in Punjab and the state and Centre

Missing funds went to legitimate purpose, says Byju's founder

The founder of Byju's, a once high-flying Indian education company that defaulted on its US debts, denied that he orchestrated a scheme to fraudulently transfer $533 million away from lenders.

97% rail electrification done

Indian Railways has completed electrification of 96.68 per cent of its broad gauge network, as it moved swiftly to become fully-electrified by 2024-25. Six more states now have 100 per cent electrified networks, taking the number of such states to 20, according to the national transporter's data.

Fortified rice supply, border roads get ₹21K cr Cabinet push

2,280 km roads to be built in Rajasthan, Punjab border areas