CATEGORIES

Business Standard

Markets slip into 'correction' zone

Nifty, broader mkts fall over 10% from peak amid strong dollar, inflation

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2 mins  |
November 14, 2024
Business Standard

ICAI to knock on MCA door against proposed audit standard revision

The Institute of Chartered Accountants of India (ICAI) will raise concerns with the Ministry of Corporate Affairs (MCA) over revisions to two audit standards, sources in the institute told Business Standard.

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1 min  |
November 14, 2024
Changes in policy terms must be conveyed
Business Standard

Changes in policy terms must be conveyed

Mustafa Pithawala had taken a home loan of ₹20,11,101 from Tata Capital Housing Finance on October 19, 2015. To secure its repayment, he was covered under ICICI Lombard Group Secure Mind Policy, valid from October 23, 2015, to October 22, 2020. This policy also covered personal accident and major medical illnesses and procedures such as coronary artery bypass graft surgery (CABG).

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2 mins  |
October 28, 2024
Low valuation sparks interest in IndusInd
Business Standard

Low valuation sparks interest in IndusInd

Analysts believe worst may be over for lender after sombre Q2 results

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2 mins  |
November 13, 2024
Demand, margin gains ahead for UPL
Business Standard

Demand, margin gains ahead for UPL

Agrochemicals manufacturer UPL reported a muted quarter as operating profit remained flat on a year-on-year (Y-o-Y) basis, due to a price decline (down 7 percent Y-o-Y) and surplus capacity in China.

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2 mins  |
November 13, 2024
Business Standard

Exchanges roll back direct payout of securities to client accounts

The National Stock Exchange (NSE) and BSE on Tuesday announced rollback of the direct payout of the securities to client demat accounts—which was enabled on November 11.

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1 min  |
November 13, 2024
Swiggy makes market debut today
Business Standard

Swiggy makes market debut today

Shares of food delivery major Swiggy will make stock market debut on Wednesday following its ₹11,327 crore initial public offering (IPO), second biggest this year and sixth-largest to hit the domestic market.

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1 min  |
November 13, 2024
NTPC Green Energy IPO eyes $12 bn Valuation
Business Standard

NTPC Green Energy IPO eyes $12 bn Valuation

NTPC Green Energy Ltd is considering seeking a valuation of about $12 billion in what could be one of India's biggest initial public offerings (IPO) in the renewable energy industry, according to people familiar with the matter.

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1 min  |
November 13, 2024
Sebi simplifies process for registration of certain FPIs
Business Standard

Sebi simplifies process for registration of certain FPIs

Abridged version of application form to be available in 3 months

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1 min  |
November 13, 2024
11 of 17 Nifty sector indices in correction mode
Business Standard

11 of 17 Nifty sector indices in correction mode

As many as 11 of 17 frontline Nifty sector indices are in 'correction' mode with energy, auto and central public sector enterprises (CPSE), consumption, and fast-moving consumer goods (FMCG) suffering the most in the recent market fall, according to data.

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2 mins  |
November 13, 2024
Nifty falls to near 5-month low
Business Standard

Nifty falls to near 5-month low

Earnings disappointment and foreign outflows continue to weigh on markets

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2 mins  |
November 13, 2024
BITING THE BULLET
Business Standard

BITING THE BULLET

The Bullet Train has been a 'dream project'. Can it become a reality anytime soon?

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5 mins  |
November 13, 2024
Business Standard

India to be among top 3 or 4 mkts for Siemens in 3 years

Country now contributes 3.5-4% to the firm's revenue

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2 mins  |
November 13, 2024
Tahiliani takes a decisive dive into pret With OTT
Business Standard

Tahiliani takes a decisive dive into pret With OTT

Women's-wear collection, costing ₹15,000 to ₹30,000, targets younger consumers

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2 mins  |
November 13, 2024
Business Standard

Delhi HC quashes lookout circular against Ashneer Grover, wife

The Delhi High Court has ordered cancellation of a lookout circular (LOC) issued against Ashneer Grover, the former managing director (MD) of payment app BharatPe, and his wife Madhuri Jain Grover, noting that the FIR lodged against them over allegations of cheating and forgery has already been quashed.

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1 min  |
November 13, 2024
Business Standard

Wilson & Hughes PE acquires travel firm Cox & Kings assets, brands

Iconic travel brand Cox & Kings, which went bust in 2019, is all set to make a comeback under a new owner, Singapore's private equity (PE) firm Wilson & Hughes which wants a pie of the fast-growing Indian travel market.

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1 min  |
November 13, 2024
Any waiver to be sectoral, not just for Vi: Scindia
Business Standard

Any waiver to be sectoral, not just for Vi: Scindia

Minister reiterates Starlink will have to comply with all norms to get satcom services licence

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2 mins  |
November 13, 2024
Colonialism vs environmentalism
Business Standard

Colonialism vs environmentalism

The premise of this collection of essays on prominent naturalists, mainly Indian, is notable, needed and quite frankly, inspirational. It contests effectively the widely held notions that love for nature and the creation and adoption of methods that help the environment are Western constructs and inventions that India has adopted.

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4 mins  |
November 13, 2024
Slowing capex
Business Standard

Slowing capex

Recognising growth dynamics is necessary instead of changing norms to chase expenditure targets

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4 mins  |
November 13, 2024
Business Standard

Foreign funding

Higher FDI will improve growth outcomes

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2 mins  |
November 13, 2024
Business Standard

Credit for growth

Flow of credit can improve MSME performance

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2 mins  |
November 13, 2024
Key to Maharashtra's growth
Business Standard

Key to Maharashtra's growth

India's economic reforms, which began in 1991, have created significant and unexpected outperformers and underperformers in terms of states' relative economic growth.

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4 mins  |
November 13, 2024
Business Standard

COP29 agreement a boost for India's carbon market ambitions

Pact enables climate action by raising carbon credit demand

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2 mins  |
November 13, 2024
Business Standard

US imposes methane fee on oil, gas producers...

US President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.

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1 min  |
November 13, 2024
Brits can't buy new Jaguars for a year amid EV shift
Business Standard

Brits can't buy new Jaguars for a year amid EV shift

Monday came and went without much fuss about a major bit of British automotive history: Jaguar, the go-to car marque for prime ministers and members of the royal family, stopped selling any new vehicles in the UK.

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1 min  |
November 13, 2024
Business Standard

SoftBank back in black helped by Indian IPO mkt

SoftBank swung to its biggest quarterly profit in two years on a series of successful Indian listings, giving its founder Masayoshi Son more ammunition for his next bet.

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1 min  |
November 13, 2024
Business Standard

Shell wins appeal in landmark climate case

Friends of the Earth Netherlands says it would continue its fight; firm terms the decision right for global energy transition

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2 mins  |
November 13, 2024
Trump to choose China hawk Rubio as secretary of state
Business Standard

Trump to choose China hawk Rubio as secretary of state

President-elect turns to allies on Capitol Hill to fill top Cabinet posts

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1 min  |
November 13, 2024
Business Standard

ED raids 17 places in Jharkhand, Bengal over 'Bangladeshi infiltration' case

The Enforcement Directorate (ED) on Tuesday raided multiple locations in poll-bound Jharkhand apart from West Bengal in a money laundering investigation linked to alleged illegal infiltration of Bangladeshi nationals, official sources said.

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1 min  |
November 13, 2024
Business Standard

States should list gencos, discoms: Khattar

Citing that the country's power sector would require investments to the tune of ₹22 trillion in this decade, Union Minister for Power M L Khattar (pictured) urged states to publicly list their profit-making entities.

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1 min  |
November 13, 2024