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Robust exports drive Bajaj Auto PAT up 8%

Outbound shipments hit 500K units after 9 qtrs; Chetak margins improve

Hyundai India profit slips 19%

India's second-largest carmaker, Hyundai Motor India (HMIL), posted a 19 per cent decline in consolidated net profit for the October-December quarter (Q3) of 2024-25 (FY25), at ₹1,161 crore, compared to ₹1,425 crore during the same period in 2023-24 (FY24).

Bajaj Finance a hot pick after strong Q3 showing

Stock reclaims Mt 8K intraday after 15 mths

Samara-backed SMT, More Retail gear up for listing

Sahajanand Medical Technologies (SMT), an Indian cardiovascular device maker backed by private equity firm Samara Capital, is preparing for an initial public offering (IPO) worth around ₹1,500 crore, said two top executives of Samara.

Maha Kumbh stampede: Crowd management efforts ramped up

Millions of devotees flocked to the Triveni Sangam and other ghats at the Maha Kumbh to take a dip on Thursday with the Uttar Pradesh government ramping up efforts to ensure crowd management and safety of people a day after the stampede tragedy.

May Consider Applying for Universal Bank Licence in Two Years

India's first small finance bank (SFB) is aiming to apply for the universal bank licence in the next two years. In a virtual interview, Capital Small Finance Bank Managing Director and Chief Executive Officer SARVJIT SINGH SAMRA tells Harsh Kumar that the SFB will continue to expand its presence beyond the northern part of India in the upcoming financial year. Edited excerpts:

Benchmarks extend gains for third day

Extending the winning run to the third day, benchmark indices Sensex and Nifty closed higher on Thursday on buying in heavyweight stocks Reliance Industries, Bharti Airtel, and HDFC Bank.

India's foundation AI model in months

Vaishnaw says Meity working with experts to build framework

Retail biz was slow initially, now there is sense of positivity

Urban consumption has shown some green shoots since Makar Sankranti and is expected to improve for the rest of the year, says GAUTAM SINGHANIA, chairman and managing director of Raymond. In an interview with Dev Chatterjee and Sharleen D'Souza in Mumbai, Singhania says the group is moving to an asset-light strategy. Edited excerpts:

Fighting digital fraud: From KYC to advanced authentication

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

Whirlpool to cut stake in Indian arm to 20% in 2025

Move may generate $550-600 million for company

Rural Assam, Bihar spent big on food in 2023-24: NSO

Households in rural areas of Kerala, Delhi spent least

Challenges with tax cuts as stimulus

Beyond personal income tax, the govt can consider two other measures to stimulate demand, but the focus should remain on delivering only a short-term boost

Tesla Commits to Cheaper Cars, But Results Miss Targets

Tesla said it was on track to roll out new, cheaper electric vehicle models in the first half of 2025 and would start testing a paid autonomous car service in June, enthusing investors and overshadowing quarterly results that fell short of Wall Street expectations on Wednesday.

Expect credit growth to moderate in FY26

BINOD KUMAR, who recently took charge of Chennai-based Indian Bank as managing director and chief executive officer, said the lower share of repo rate-linked loans will act as a cushion for protecting net interest margins if there are rate cuts, in a telephonic interview with Manojit Saha.

DeepSeek to be hosted on Indian servers: Vaishnaw

The foundation models are being developed under the ₹10,372-crore India AI mission, which was approved by the Union Cabinet in March 2024.

Indian startups saw a raft of high-profile exits in 2024

PharmEasy founders Dhaval Shah, Dharmil Sheth, and Hardik Dedhia recently announced their plans to step down from their day-to-day roles at the e-pharmacy giant to launch a new venture in the consumer space.

L&T profit up 14% at ₹3,359 cr

Firm announces ₹1,000-2,500 cr order win for setting up freight handling facilities in GCC region

Pvt banks stumble on MFI, agriculture loan slippages in Q3

Profit rises 7.4% Y-o-Y but declines 1.4% sequentially

HVDC a $30 bn market but India's share is negligible

PRATIK AGARWAL is the managing director of Sterlite Power, a leading power transmission infrastructure company and cable producer – a critical but often overlooked component in India's net-zero journey. He also chairs Serentica Renewables, a developer of renewable energy projects for businesses. Of Sterlite's ₹3,000 crore in revenue, 40 percent comes from exports, with over half from Europe and the US. The company aims to double revenue to ₹10,000 crore in three years. In an interview with S Dinakar in Mumbai, Agarwal discusses market dynamics, India's role in the global supply chain, and future growth. Edited excerpts:

RBI gets 6x bids at OMO auction

The Reserve Bank of India (RBI) received bids worth ₹1.2 trillion against the notified amount of ₹20,000 crore at the Open Market Operation (OMO) purchase auction on Thursday—the first of the three auctions announced by the central bank earlier this week.

TaMo stock plunges 7% after weak Q3

Tata Motors' stock sank as much as 9.06 per cent to hit a fresh 52-week low of ₹684.25 on Thursday following disappointing Q3 results.

Govt pushing India into middle-income trap: Cong

Party releases 'Real State of the Economy' report ahead of Budget Session

After Fronx, Maruti starts exporting Jimny to Japan

Maruti Suzuki India (MSIL) on Thursday said it has started exporting the off-roader sport utility vehicle (SUV) Jimny to Japan.

Infor raising India headcount 15-20% annually

Company saw 100% growth in India in 2024

BoB's net up 5.6% on non-interest income

Public sector lender Bank of Baroda (BoB)'s net profit rose by 5.6 per cent year-on-year (Y-o-Y) to ₹4,837 crore during the third quarter of the current financial year (Q3FY25), driven by robust growth in non-interest income covering fees, commissions and treasury.

Back to business: Govt lines up key Bills as Budget Session begins today

The impact of American President Donald Trump's policies on trade and immigration and the related matter of the \"overall economic slowdown\" will be part of the Opposition's quiver in Parliament's Budget Session, which starts on Friday.

A tactical thaw

Sino-India relations must be treated with cautious optimism

IBM Beats Profit Estimates as AI Shift Boosts Software Performance

International Business Machines (IBM) surpassed fourth-quarter profit estimates, driven by robust demand in its software unit as businesses ramped up IT spending.