CATEGORIES

Car sales maintain growth pace

CONSUMER PRICE INDEX ROSE 0.1% IN DEC FROM A YEAR EARLIER

Cricket fatigue crimps WPL ad spending

THE BOARD OF Control for Cricket in India (BCCI), the country's apex cricketing body, is putting the final touches to the third edition of the Women's Premier League (WPL).

Make groundwater sustainable

BY SCALING UP EFFORTS, STATES CAN SAFEGUARD RESOURCES, ENHANCE AGRI-PRODUCTIVITY

Start-up travails

Scaling up has seen many hurdles; sharp decline in seed-stage funding complicates things further

US-China tech break-up is a race to the bottom

A messy, ongoing tech break-up between the US and China is forcing a rethink about what the industry might look like for consumers in a decoupled world.

Time to Turn to Currency Options

SINCE JULY LAST year, the Reserve Bank of India's (RBI) efforts to squeeze out volatility from the USDINR market resulted in the formation of a crumbling cliff, and, when push came to shove - as it did with Trump's victory in the US presidential election - the rupee keeled over, falling sharply to yet another all-time low.

Rupee NDF volume surges on arbitrage

THE TRADING VOLUME in dollar-rupee non-deliverable forwards (NDF) at India's offshore finance hub soared to a record high in December as banks and companies lapped up arbitrage opportunities amid a worsening outlook for the rupee.

Indices Tumble Nearly 1%

BROAD-BASED SELLOFF

Credit market may see more volatility: Ind-Ra

Tough Days Ahead

High court clears way for Religare AGM, Burmans' open offer

THE MADHYA PRADESH High Court on Thursday lifted the stay on Religare Enterprises annual general meeting (AGM) as well as the Reserve Bank of India (RBI)'s approval for Burmans' open offer to acquire an additional 26% stake in the company.

Mutual funds end 2024 with record ₹3.9-lakh-cr inflows

Quarter-end tax outflows hit debt funds; SIPs touch record ₹26,459 cr

Rupee closes flat after hitting low of 85.94 vs dollar

THE RUPEE ON Thursday ended flat after hitting a lifetime low of 85.94 against the dollar during intra-day trade.

Biswas' switch awaits Dunzo board nod

DUNZO CO-FOUNDER KABEER Biswas has informally agreed to join Flipkart to head its quick-commerce vertical Minutes, according to sources aware of the matter.

Luxury vehicles' sales set record pace for Mercedes

MERCEDES BENZ, COUNTRY'S largest luxury car maker, said one in every four cars sold by it last year was priced above ₹1.5 crore, as compared to one in five cars in 2023.

Novelis Plans to Raise $750 Million

US-BASED NOVELIS, which is part of Hindalco Industries, on Thursday said its indirect wholly-owned arm plans to raise $750 million through issuance of bonds.

Board of Vodafone Idea Clears ₹1.9K-Cr Fundraise

VODAFONE IDEA on Thursday approved raising ₹1,909.95 crore from promoters Omega Telecom Holdings Private and Usha Martin Telematics via preferential allotment.

Jupiter Intl to invest ₹6.5K cr on capacity expansion

JUPITER INTERNATIONAL, a manufacturer of photovoltaic solar cells and provider of solar power solutions, on Thursday said it will be investing ₹6,500 crore over the next three years in a bid to become a fully integrated solar manufacturer.

Emami rebrands Fair & Handsome in growth push

Betting On Male Grooming

Instamart to get standalone app after launch of Snacc

Swiggy on Thursday announced its plans to launch a standalone mobile app for its quick commerce service Instamart.

Legal action likely against Zomato, Swiggy for private labelling items

THE NATIONAL RESTAURANT Association of India (NRAI) on Thursday said it may take legal action against Zomato and Swiggy for private labelling of food items and selling them through their quick food delivery applications.

Tech firms urge equitable allocation of 6 GHz band

WITH THE GOVERNMENT reportedly leaning towards allocating the upper portion of the critical 6 GHz spectrum band (6425-7125 MHz) exclusively for telecom operators, technology firms represented by the Broadband India Forum (BIF) have raised concerns about a potentially skewed approach.

TCS Headcount Dips, Attrition Rises Slightly

IT giant on track to hire 40K this fiscal

Double counting of SEZ transactions inflated gold import data

A NEW MECHANISM to make recording of export-import data more efficient led to the double counting of some of the gold that entered the country via special economic zones (SEZs), resulting in hugely inflated numbers for the month of November.

GAIL Increases Domestic Gas Allocation to IGL by 31%

STATE-OWNED GAIL INDIA has increased domestic gas allocation to Indraprastha Gas Ltd (IGL) by 31% with effect from January 16, increasing the share of domestic gas in the company's CNG (compressed natural gas) segment to 51% from 37% earlier, the company said on Thursday.

BP Partnership to Raise ONGC Revenue by $10.3 Billion

STATE-OWNED OIL AND Natural Gas Corporation (ONGC) expects a $10.3 billion revenue boost from increased oil and gas production in the Mumbai High field in partnership with the UK's BP.

Credit guarantee scheme for MSMEs soon: Official

The government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore.

Rooftop solar scheme & power infra likely to get Budget push

GREATER THRUST ON DISTRIBUTION & TRANSMISSION INFRASTRUCTURE EXPECTED

Organic item exports can be trebled in 3 yrs

INDIA'S EXPORTS OF organic products can grow more than threefold in the next three years to ₹20,000 crore, commerce and industry minister Piyush Goyal said on Thursday.

Adani Group to Offload 20% Stake in Wilmar

FMCG player Adani Wilmar will see one of its promoter Adani Commodities LLP offload up to 20% stake in the company through an offer for sale (OFS), which will open on Friday.

Trump comeback: Honda to go slow on new EVs

HONDA MOTOR WILL be cautious about starting production of new electric vehicles due to uncertainty about US President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday.