CATEGORIES

Zee Q3 profit jumps 180%; revenue falls

ZEE ENTERTAINMENT reported a 179.7% year-on-year rise in its consolidated net profit at ₹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).

Meta's revised paid ad-free service may breach EU privacy regulations

META PLATFORMS' REVISED no-ads subscription service may still breach EU consumer and privacy laws in addition to antitrust rules, the European Consumer Organisation (BEUC) said on Thursday as it urged regulators to act against the U.S. tech giant.

Grade A warehousing mkt to hit 700 mn sq ft

THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).

CCPA Notices to Ola, Uber Over Price Disparity Complaints

The Consumer Protection Authority (CCPA) has issued notices to tech giant Apple and cab aggregators Ola and Uber following consumer complaints about software performance and pricing disparities, Consumer Affairs Minister Pralhad Joshi said on Thursday.

Call Grows for Action on AI, Reforms

LEADERS FROM VARIOUS countries called for action on artificial intelligence and reforms at the WEF meeting.

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

West Asia and North Africa Top Market for Engineering Exports

WEST ASIA AND North Africa (WANA) emerged as the biggest buyer of engineering products from India for the first time ever in December, pushing North America to the second slot, the commerce ministry data showed.

In Dalit colonies, AAP schemes outrank Constitution issues

THE OPEN DRAIN outside the chaupal at Nai Basti, a Dalit-dominated colony in South Delhi's Deoli, is overflowing.

Musk, Altman spar over $100-bn AI venture hyped by Prez Trump

TESLA CEO QUESTIONS FUNDING NEED, WHILE OPENAI BOSS DEFENDS PROJECT

Infra.Market Raises $126 Million

CONSTRUCTION MATERIALS SOLUTIONS firm Infra.Market has successfully raised approximately $120 million (₹1,050 crore) in its pre-IPO funding round, according to sources aware of the matter.

Setting a cat among the pigeons

THE WORLD SHOULD EXPLORE NIMBLE, COST-EFFECTIVE OPTIONS TO THE STARGATE APPROACH

$100-bn court challenge for Goldman and friends

BANKS ARE USED to fending off litigation. Goldman Sachs Group's most recent annual report includes 14 pages of fine print detailing all the proceedings it faces.

Emilia Perez Leads Oscars Race With 13 Nominations

NETFLIX'S SPANISH-LANGUAGE musical Emilia Perez topped the list of movies nominated on Thursday for Academy Awards, followed by The Brutalist and Wicked.

Kotak Bank Acquires StanChart's ₹3,330-Cr Personal Loan Portfolio

KOTAK MAHINDRA BANK on Thursday said it has completed the acquisition of the ₹3,300-crore personal loan book of Standard Chartered Bank India following regulatory approvals.

In hiding, Awami League leaders connect with Hasina

THEIR BANK ACCOUNTS FROZEN, MANY RELATIVES ARRESTED

IRCTC teams up with ITC, Tata Group, Harvest Gold to revamp food catering

Refurbishing Refreshments

NCLAT Stays CCI's 5-Year Antitrust Ban

Directs Meta to Deposit 50% of ₹213-Cr Penalty

Now, Equities Need Domestic Investors More Than Ever

LOCAL FUNDS EMERGE AS KEY DRIVER

Rupee falls 13 paise tracking Asian peers, dollar demand

THE RUPEE ENDED 13 paise down against the dollar to 86.46 on Thursday due to a decline in the most regional currencies and demand for dollars from foreign banks, said forex traders.

In the grey zone

• Meta's fact-check roll-back can upend contextual ads

Call grows for action on AI, reforms

BIG BLOW 370% rise in sanctions since 2017, along with subsidies

80% firms struggle to find talent: Survey

Shortage Across Industries

This Chinese AI startup is taking on Silicon Valley giants

THE DAY AFTER Christmas, a small Chinese start-up called DeepSeek unveiled a new AI system that could match the capabilities of cutting-edge chatbots from companies like OpenAI and Google.

HDFC Bank expects improved CASA ratio with easing in rates

HDFC BANK EXPECTS its current account savings account (CASA) ratio to improve as interest rates are likely to soften, Sashidhar Jagdishan, managing director and CEO, said in an analyst call on Thursday.

Package Likely To Ramp Up Pulses & Oilseeds Output

● Govt keen to rein in imports of these items by boosting domestic production

On new Isro chief's table: 100th launch

PRIVATELY-BUILT PSLV ROCKET ALSO ON RADAR

Ujjivan SFB Q3 profit slumps 64% to ₹109 cr

UJJIVAN SMALL FINANCE Bank on Thursday reported a 64% decline in its net profit to ₹109 crore for the third quarter amid a spike in bad loan provisions and higher interest expenses.

Mphasis posts modest Q3 revenue growth

MPHASIS REPORTED A sequential revenue growth of 0.8% to ₹3,561.3 crore and a net profit of ₹427.9 crore, up 1.1%, for the quarter ended December.

AI, Gen AI, & ML models power wealthtech platforms

THE WEALTH MANAGEMENT landscape is undergoing a change as wealthtech startups leverage cutting-edge technologies such as artificial intelligence (AI), machine learning (ML), and generative AI (GenAI).

After NSA, foreign secretary to visit China on January 26-27

MOVING TO RESUME bilateral engagements after the disengagement at the India-China border, foreign secretary Vikram Misri will travel to Beijing on January 26-27 for a meeting of the \"foreign secretary-vice minister mechanism between India and China\".