CATEGORIES

Adani Group to sell stake in Wilmar JV, to fetch $2 bn

THE EXIT WILL take place in two phases. Lence will buy 31.06% stake held by ACL through a call and put option, while Adani Enterprises will divest 13% of its shareholding to ensure compliance with the minimum public shareholding norms.

Sanjay Malhotra: Dove, hawk or owl?

YET, HE HAS to face a unique set of immediate challenges—chiefly, the unfinished agenda of reining in inflation within the target band amid signs of a growth slowdown, and complexities caused by a certain intractability of global inflation and a falling rupee.

FM says wishes to do more for middle class

EVEN AS THE economic growth has slowed, tax receipts are relatively strong for the government, with gross personal income tax collections growing at 20.2% on year in the April-October period of the current financial year.

Bandh call by farmers halts Punjab, SC hearing today

A NINE-HOUR bandh call by protesting farmers under the banner of the Kisan Mazdoor Morcha (KMM) and the Samyukt Kisan Morcha-Non Political (SKM-NP) over several demands, including legal guarantee for MSP, brought Punjab to a halt on Monday.

IPCA Labs looks to revive US biz

To launch new divisions in high-growth areas

Hindalco: Earnings to stay range-bound

● Lower margin expectations for subsidiary Novelis

JSW Energy Ramps Up Renewables Play

Sets 20 GW capacity and 40 GWh storage target by 2030

Technology will make the pace of change even faster

ONE OF THE most reliable observations any opinion writer can make, myself included, is that the pace of change has accelerated.

H-1B Visa Power

Trump's endorsement is good news for India, which is the largest beneficiary of the H-1B visa

Boost private consumption

UPCOMING BUDGET NEEDS TO RESET MEDIUM-TERM PRIORITIES, FOCUS ON HUMAN DEVELOPMENT

The economic consequences of Mr Trump

Keynes' criticism of Churchill's decision to restore the pre-war gold standard applies to the US president-elect's redrawing of American priorities

Pak's 'largest' nuclear plant gets green nod

PAKISTAN IS SET to construct its largest nuclear plant for electricity generation after the country's atomic energy regulatory agency issued the licence for it.

South Korea Orders Airline Safety Probe After Worst Domestic Crash

SOUTH KOREA'S ACTING President Choi Sang-mok on Monday ordered an emergency safety inspection of the country's entire airline operation as investigators worked to identify victims and find out what caused the deadliest air disaster on South Korean soil.

Jimmy Carter, former US prez and Nobel winner, dies at 100

EGYPT-ISRAEL PEACE WAS HIS TOP DIPLOMATIC ACCOMPLISHMENT

Musk Trying to Influence Our Election: Germany

THE GERMAN GOVERNMENT accused US billionaire Elon Musk on Monday of trying to influence its election due in February with articles supporting the far-right Alternative for Germany (AfD) party, even though it suggested they amounted to \"nonsense\".

US Announces $6 Billion in Additional Military Assistance to Ukraine

THE UNITED STATES ON Monday announced nearly $6 billion in additional military and budget assistance for Ukraine as President Joe Biden uses his final weeks in office to surge aid to Kyiv before President-elect Donald Trump takes power.

AI Becoming Ingrained in Biz Across Industries

As artificial intelligence continues to grow at a rapid pace, more and more businesses are grappling with how to adapt both quickly and responsibly.

SME IPOs Continue to See High Retail Interest

Retail investors in the country are increasingly placing their bets on small and medium enterprises (SME) IPOs rather than mainboard issues.

Jefferies' Chris Wood Trims 4 Stocks to Bet on HDFC Bank

Jefferies will bring HDFC Bank back into its Asia ex-Japan long-only portfolio with a 4% weightage, as part of its year-end portfolio adjustments.

Omkara AMC acquires ₹750-cr stressed assets

OMKARA ASSET RECONSTRUCTION Company, which has gross assets under management (AUM) of nearly ₹16,000 crore, has acquired stressed assets worth ₹750 crore from two entities, comprising a total of over 4,000 retail accounts.

Rupee remains steady on likely RBI intervention

THE RUPEE REMAINED largely steady on Monday on likely intervention by the Reserve Bank of India (RBI), ending the day at 85.54 against the dollar.

Monday blues: Benchmark indices close in the red

IT WAS A ROLLER-COASTER ride for the benchmark indices on Monday.

10-Year G-Sec Yields May Ease to 6.60% by Mar: Tata AMC

The yield on the 10-year benchmark is expected to fall to 6.60% by the end of March and could fall further to 6.50%, Akhil Mittal, senior fund manager-debt at Tata Asset Management, told FE.

Flyers left in the cold as delays surge

More than 2.39 million passengers were directly affected by delays in the first 11 months of the year, a 27% increase compared to the same period in 2023.

Healthcare sector to touch $320 billion by 2028: Report

INDIA'S HEALTHCARE SECTOR is expected to reach $320 billion by 2028, said a report by 'Great Place to Work'. It added that the pharma sector is targeting to reach $130 billion by 2030, while the biotechnology sector is aiming to touch $300 billion by 2030.

Reliance seeks premium for KG block oil

RELIANCE INDUSTRIES IS seeking a premium of at least $3.5 per barrel over an international benchmark for crude oil it produces for eastern offshore KG-D6 block, according to the tender the firm put out on Monday.

Growing regulatory scrutiny awaits e-commerce firms

IN 2025, e-commerce giants like Amazon and Flipkart are expected to face intensified regulatory oversight as the government strengthens measures to safeguard competition and protect consumer data.

BII revises investment in Mahindra's EV firm

UK-BASED INVESTOR British International Investment (BII) and Mahindra & Mahindra (M&M) have mutually agreed for a downward revision of former's investment into M&M's electric vehicle making company.

IT Firms May Face Cost Hikes With H-1B Overhaul

Visa changes unlikely to become more restrictive

Adani Green Energy's CEO Amit Singh to step down

ADANI GREEN ENERGY'S chief executive officer Amit Singh will step down to take up the role of the chief of the international energy business of the Adani Group, the renewable energy firm said on Monday.