CATEGORIES

Infy to give staff 90% bonus for Q2FY25

India's second-largest IT services player Infosys will be giving out 90 per cent of performance bonus to eligible employees for the second quarter of FY25 (Q2FY25).

India shipped record 4.5 mn PCs in Q3CY24: IDC

India shipped a record 4.49 million units of personal computers (PCs), which includes desktops, notebooks, and workstations, in the third quarter (Q3) of calendar year (CY) 2024, up a marginal 0.1 per cent year-on-year (Y-o-Y), according to a report.

India's 5G users to touch 970 mn by '30: Ericsson

The number of 5G users in India is expected to reach 270 million by the end of this year, the November Ericsson Mobility report said.

Bank guarantee waiver for telcos comes with riders

Additional 3 months' instalment along with annual payments to be paid

Byju's faces fresh probe over financial, accounting practices

India has started an investigation into financing and accounting practices at Byju's, according to people with knowledge of the matter, after a previous inspection found corporate governance lapses at the struggling online tutoring firm.

Meesho rolls out multilingual Gen AI-powered voice bot

E-commerce firm Meesho unveiled the country's first multilingual Gen AI-powered voice bot at scale, setting a new benchmark for customer support in the e-commerce industry.

Vedanta raises $800 mn from investors via fresh bond issue

UK-based Vedanta Resources, parent of India's Vedanta, has accepted bids worth $800 million for two planned dollar bonds to refinance outstanding debt due in 2028, two bankers said on Tuesday.

Adani Wilmar to defer stake sale

Adani Enterprises Ltd and Wilmar International Ltd are said to delay a proposed sale of at least 12 per cent in their Indian food venture after a US bribery indictment against the billionaire-founder Gautam Adani, according to people familiar with the matter.

M&M's 'Born Electric' range e SUVs unveiled

Mahindra & Mahindra (M&M) launched its latest electric SUVs, the XEV 9e and BE 6e, at the Mahindra Research Valley in Chengalpattu, near Chennai, on Tuesday.

Andhra likely to suspend power deal

Andhra Pradesh is likely to suspend a power purchase deal linked to Adani Group due to the US charges on the group's billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.

Mentor, doyen of India's steel industry no more

Shashikant Ruia, patriarch of the billionaire Ruia family and co-founder of the Essar Group of companies, passed away late on Monday night, the family announced in a statement.

Ola Electric rides into gig segment

Set to launch sub-₹40K e-scooter; aims for wider adoption through collaboration with Ola Cabs

New financial commitment with TotalEnergies unlikely

Adani Green Energy (AEGL) on Tuesday said there is no new financial commitment under discussion with TotalEnergies.

TCS turns to home turf as it looks to redraw revenue map

Sets up vertical to focus on high-growth markets

India reshapes its workforce to plug into the EV era

TaMo to upskill half its workforce in 5 years; Tamil Nadu teams up with World Bank to fuel the transition

If no takers, bidders can cut tariff suo motu: SECI

Issues first statement after fresh Adani row

Trump's initial volley of tariffs may fly by India

He pledges higher levy on goods from Canada, Mexico, China

Moody's and Fitch take rating action against Adani cos

Two global rating agencies, Moody's and Fitch, downgraded the outlook for several Adani group companies from \"stable\" to \"negative\" on Tuesday, citing escalating legal and governance risks.

A SWEET DEAL

Bioplastics emerge as another revenue stream for sugar firms, a green one at that. Can the industry balance all the demands?

Maha election results fire up PSU stocks

Analysts believe NDA's landslide victory in the state will bring zing back to the markets that have seen some correction recently

Adopt online banking, reduce branch visits to minimise vulnerability

At the recently held State Bank of India Economist Conclave, Finance Minister Nirmala Sitharaman highlighted that while bancassurance has improved insurance penetration, it has also led to mis-selling.

Zomato shares zoom on Sensex inclusion

Shares of Zomato rallied as much as 7.6 percent on Monday, buoyed by the stock's entry into the benchmark Sensex.

RIL shares rise on Citi's 'buy' call

US brokerage has raised scrip target price to ₹1,530, an upside of over 18%

Godrej Properties to gain from strong land portfolio, demand outlook

Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 percent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions.

Rupee appreciates 0.2% to 84.29 against dollar

The rupee appreciated by 0.2 per cent against the US dollar on Monday, tracking gains in its Asian peers.

Edelweiss Financial explores minority stake sale in MF unit

May value the business at $700-$800 million

Sensex reclaims 80,000 mark

Maha poll results, MSCI buying underscore gains

Politics, culture and performance

\"All the world's a stage, and all the men and women merely players.\" If we start looking at ourselves as characters who perform, and observe where the stage is, a lot more can start to make sense.

Agritech revolution

Startups offer opportunities for agricultural growth

A quarter century of financial market returns

While India delivered the best real returns over the last 25 years, high valuations may make this tough to sustain