CATEGORIES

Branded hotels to grow 13-14% in FY25

Branded hotels in the country are likely to see double-digit revenue growth of 13-14% in 2024-25, and 11-12% in the next financial year on demand surge, a report said on Thursday.

Russia Rejects US' Truce Call in Ukraine

Rejecting the ceasefire, Russia says it's ready to hold negotiations on a peace agreement.

China Plans World's Largest Dam in Tibet

China has approved the construction of what will be the world's largest hydropower dam, kicking off an ambitious project on the eastern rim of the Tibetan plateau that could affect millions downstream in India and Bangladesh.

CCPA Fines 3 UPSC Coaching Centres

The Central Consumer Protection Authority (CCPA) has imposed penalties totalling ₹15 lakh on three coaching institutes for making misleading advertisements about their success rates in civil services examinations, the government said on Thursday.

Trade, service sector leaders meet FM, plead for tax cuts

The discussions come at a time when the economy is grappling with slowing growth

Korea opposition moves to impeach acting president

South Korea's opposition party filed a motion to impeach acting President Han Duck-soo after he resisted pressure to appoint court judges who might increase the likelihood of removing President Yoon Suk Yeol from power.

Israelis See Chance to Remake Middle East in War's Wake

Despite criticism over conduct of Gaza war, some see new diplomatic opportunities

OTTs Focus on Ad Model as a New Dominant Player Emerges

The party for content creators and writers may be over as commissioning of new original shows slows

Re-releases save the day as Bollywood absent from theatres in 2024

Bollywood couldn't have been more conspicuous by its absence in movie theatres this year, with nearly the full April-June quarter going by without any big releases.

FMCG cos brace for uncertain times, bet on premium craving

Income growth, better infra and digital adoption pushed the size of rural households' FMCG basket by 60% in two years

India Must Envision and Develop Ambitious New Tourism Projects

Destination management can be enhanced by deploying technology

BYD Slams Reports of Poor Conditions at Brazil Factory Site

Earlier in the week, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals at the site

Trump's Tariff Plan to Hit Affordable Cars the Hardest

U.S. car industry has a 'big case of anxiety' about president-elect's proposed 25% tariff on Mexico, Canada imports

Bank Cyberattacks Surge as Jan Security Deadline Nears

Banking institutions saw an average of 2,525 cyberattacks in the six months leading to Dec

Small investors chase new fancy in unlisted avenue

The pre-IPO segment has been a significant driver of this surge, as investors flock to companies preparing for public listings.

JSW Group gets a copper lining to metals business

\"The idea is to venture into non-ferrous metals because copper will be in huge demand, be it from EVs (electric vehicles), the renewable grid, construction, home appliances, everything needs copper,\" one of the people cited above said. \"Today, India is a net importer. This is a critical start.\"

L&T Eyes 20% Growth in FY26

Infrastructure major Larsen & Toubro (L&T) expects its construction and mining machinery business to grow at least 20% in the next fiscal year, with the company planning to double sales in the next five years.

Microsoft Is Forcing Its AI Assistant On People—And Making Them Pay

Like Other Tech Firms Playing Catch-Up in the AI Market, Copilot Has Struggled Against OpenAI's ChatGPT

Niche US films eye premium pricing

Footfalls are driven by content and the overall cinematic experience and not ticket prices alone, say experts

Medtech firms bet on export

Local medical devices manufacturers look beyond borders to capitalize on the rising demand in global markets.

New India Manufacturing Era Beckons

With the global supply chains continuing to shift in India's favour as the world's largest businesses strike a new balance between resilience and efficiency, manufacturing has the potential to transform the economy, Tata Sons chairman N Chandrasekaran said.

Court halts Rel AGM, blocks Burman offer

The high court's order follows a PIL aimed at protecting the interests of Rel's minority shareholders

Rupee plunges 12p to end at new low of 85.27 to dollar

The rupee weakened on a strong dollar and rising US treasury yields that are at the highest levels in seven months

Miners, steel firms in limbo on tax uncertainty, weak prices

Mining and steel companies are caught between a rock and a hard place.

RBI committee to study global regulations on AI, identify risks

The eight-member panel will be chaired by Pushpak Bhattacharyya, professor from IIT Bombay

Japan's SMFG puts $350 million into Indian NBFC arm

Japan's Sumitomo Mitsui Financial Group (SMFG) has invested an additional ₹3,000 crore, or over $350 million, into SMFG India Credit through a rights issue.

Alibaba, E-Mart Plan $4 Billion JV in Korea

Alibaba Group Holding Ltd. agreed to merge its South Korean operations with E-Mart Inc.'s e-commerce platform to better compete in the country's fast-paced online retail sector.

KKR to Lead Leap India's ₹535 Crore Funding

Leap India Pvt. Ltd, a storage and supply chain services provider that is majority-owned by private equity firm KKR, is raising ₹535 crore (around $62.7 million) in its latest funding round led by KKR, along with participation from Sixth Sense, First Bridge India, Madhurima International and Niveshaay Sambhav Fund, as well as a few angel investors.

Jubilant Foods in pact with Coca-Cola

Food services company Jubilant FoodWorks Ltd (JFL), which operates Domino's and Popeye's chains of restaurants in India and neighbouring markets, said on Thursday it has signed a memorandum of understanding (MoU) with The Coca-Cola Company to procure sparkling beverages from the soft drink major's bottlers.

AI, advanced robotics to transform highway building

The plan aims to speed up construction, reduce waste and improve ride quality, durability