CATEGORIES

Sterlite Grid 32 gets over ₹2,400 cr via listed NCDs

FUNDS TO BE USED TO REFINANCE MUMBAI PROJECT

Will not rush in bringing Digital India Act

The rules to implement Digital Personal Data Protection (DPDP) Act was released last week for stakeholder consultation.

Festive boost to Titan biz growth in Dec qtr

TITAN'S STANDALONE BUSINESS registered a 24% year-on-year growth, the Tata Group company said on Monday while providing an update for the December 2024 quarter.

SC Transfers Amazon, Flipkart's Plea Against CCI to Karnataka HC

THE SUPREME COURT on Monday transferred to Karnataka High Court petitions of Amazon and Flipkart, challenging a Competition Commission of India (CCI) order for a probe into the e-commerce giants for alleged malpractices.

Lodha pre-sales soar to record ₹4,510 cr in Q3

The realtor added 8 new projects in 9MFY25 at ₹19,500 crore gross development value across three regions

Residual benefit of tariff hikes to boost telcos' Arpu in Q3

THE IMPACT OF the recent tariff hikes will continue to boost average revenue per user (Arpu) of telecom operators - Reliance Jio, Bharti Airtel and Vodafone Idea - in the October-December quarter.

Nxtra, Bizongo lead emerging unicorns

INDIA'S UNICORN CLUB may soon welcome five new members, as startups valued at or above $900 million prepare to cross the $1-billion valuation threshold by 2025.

Funding in space industry declines 55% to $59.1 mn

FUNDING IN SPACE sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

Services PMI hits 4-month high in Dec

DEMAND BUOYANCY CONTINUED to drive new business inflows higher during December, which in turn supported output growth and prompted firms to recruit additional workers.

Centre eyes private capital for ₹9L-cr grid expansion

INDIA IS ASKING states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

Govt mulls hallmarking for silver jewellery

FOOD AND CONSUMER Affairs Minister Pralhad Joshi on Monday asked the Bureau of Indian Standards (BIS) to consider implementing mandatory hallmarking for silver and silver artifacts following consumer demands.

Roll out wage & social security codes: Unions

TRADE UNIONS HAVE urged the finance ministry to increase the minimum pension under Employees' Provident Fund Organisation (EPFO) by five times to ₹5,000 per month, constitute the 8th Pay Commission on an immediate basis, and enhance social security coverage to gig and domestic workers.

PM Inaugurates Railway Projects in J&K, Odisha

PRIME MINISTER NARENDRA Modi on Monday inaugurated virtually a slew of railway projects, including the Jammu railway division, the Charla-palli terminal station in Telangana, besides laying the foundation for the Rayagada railway division building in Odisha under the East Coast Railway.

Realty sector seeks higher tax benefit on home loans

THE REAL ESTATE sector has requested the government to pay greater attention to the expansion of rental housing and provide higher tax benefit on home loans, in a pre-Budget consultation with the finance minister on Monday.

Don't hire illegal Bangladeshi migrants as cheap labour, says Assam CM

INDUSTRIALISTS HAVE TO look beyond \"cheap labour\", and perform a \"national duty\" by not giving any jobs to illegal Bangladeshi migrants, Assam chief minister Himanta Biswa Sarma said on Monday.

As fees stagnate, audit firms struggle to retain talent

Just 10% nominal rise in income over five years, real income growth negative

Investments by central agencies & CPSEs decline 10% in Apr-Nov

INVESTMENTS BY CENTRAL government agencies and central public sector enterprises (CPSEs) fell 10% on year to ₹4.41 lakh crore in April-November of the current financial year as the railways and the National Highways Authority of India (NHAI) were yet to regain the capex pace after election-induced slowdown.

Govt Eases Conditions for Specialty Steel PLI

The government on Monday relaxed conditions of the production-linked incentive (PLI) scheme for specialty steel and reopened the application window for companies to attract investments in product categories that saw no or low participation in the first round.

IIFCL Should Lend ₹1 Lakh Crore in 3 Years: Nagaraju

INDIA INFRASTRUCTURE FINANCE Company (IIFCL) may set an ambitious goal of extending loans of ₹1 lakh crore to the infrastructure sector in the next three years, financial services secretary M Nagaraju said on Monday.

Banks, NBFCs see hit to cross-selling

WEIGHED DOWN BY the draft rules under the Digital Personal Data Protection (DPDP) Act, released on Friday, financial sector entities are hoping the final norms will provide them some relief from a potential hit to their cross-selling capabilities.

Virus Injects Fear into D-St

Investors poorer by ₹11 lakh crore

5 Infants Test Positive for HMPV in Gujarat, Karnataka, TN

FIVE INFANTS TESTED positive for the Human Metapneumovirus (HMPV) in Karnataka, Tamil Nadu, and Gujarat on Monday, the first reported cases of the virus in India.

Gujarat, Bihar to rejoin Fasal Bima

The Pradhan Mantri Fasal Bima Yojana (PMFBY), the heavily subsidised crop insurance scheme, is gaining traction among the states that have either remained reluctant to roll it out, or quit briefly after joining, citing the costs to the exchequer.

Q-comm to drive 60% jump in gig worker hiring in 2025

INDIA'S GIG ECONOMY is poised for a major leap in 2025, with the hiring of workers in the quick commerce sector projected to rise by an unprecedented 60% compared to 2024, according to industry experts.

Cutting-edge AI innovations to take centre stage at CES 2025

Top global companies to showcase advancements in mobility, digital health and sustainability

Consent manager framework a key Big Tech concern

MAJOR TECHNOLOGY FIRMS, including Google, Amazon, Meta and Apple, plan to engage with the ministry of electronics and IT (MeitY) over concerns regarding the consent manager framework and a proposed government-appointed committee overseeing cross-border data transfers.

Special category visa for foreign students

INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.

Stars Who Couldn't Walk the Talk

IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT).

Bajaj Auto's EV charge

LAUNCH OF MASS MARKET SCOOTERS PAYS OFF

Indian-Origin IT Companies Corner a Fifth of H-1B Visas

INDIAN-ORIGIN TECH COMPANIES cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services (TCS) leading the pack, an analysis of data from the US immigration department showed.