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Business Standard

B'desh interim govt to call on Interpol to repatriate Hasina

Bangladesh's interim government on Sunday said it will seek Interpol's assistance in repatriating deposed prime minister Sheikh Hasina from India, and other \"fugitives\", to face trial for alleged crimes against humanity.

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1 min  |
November 11, 2024
Multilateral banks key to financing fight against global warming
Business Standard

Multilateral banks key to financing fight against global warming

As climate change leads to a seemingly endless stream of weather disasters around the world, countries are struggling to adapt to the new reality.

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2 mins  |
November 11, 2024
Mauritius votes with cost of living in mind
Business Standard

Mauritius votes with cost of living in mind

Mauritius was holding a parliamentary election on Sunday, with Prime Minister Pravind Kumar Jugnauth and his main rivals all promising to tackle a cost of living crisis in the Indian Ocean archipelago.

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1 min  |
November 11, 2024
Bitcoin rises above $80,000 for first time on optimism over Trump
Business Standard

Bitcoin rises above $80,000 for first time on optimism over Trump

Bitcoin was trading near record $80,000 on Sunday after hitting it earlier in the session, following Donald Trump's decisive victory in the US presidential election earlier in the week.

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1 min  |
November 11, 2024
US asks TSMC to halt China shipments
Business Standard

US asks TSMC to halt China shipments

The order comes just weeks after the firm notified that one of its chips had been found in a Huawei AI processor

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1 min  |
November 11, 2024
Business Standard

Big Tech's employee activism quiet after Trump victory

If any industry could have said its workplaces were politicized, it was tech.

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1 min  |
November 11, 2024
Trump's win will not affect migration of skilled workers
Business Standard

Trump's win will not affect migration of skilled workers

VIJAY CHAUTHAIWALE, in charge of the Bharatiya Janata Party's (BJP's) foreign affairs department, has led the party's Indian diaspora outreach for over a decade. He tells Archis Mohan in a telephonic interview that he expects the Donald Trump administration to be more pragmatic in dealing with India's concerns on protectionism and visas for skilled Indian immigrants. Excerpts:

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3 mins  |
November 11, 2024
Gamble or gambit?
Business Standard

Gamble or gambit?

The BJP-led Mahayuti is cobbling up a non-Maratha rainbow caste combination, particularly of OBCs, in poll-bound Maharashtra. SHREYAS UBGADE explains the rationale for this strategy

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5 mins  |
November 11, 2024
Business Standard

REC looks to raise ₹5K cr more in FY25

State-owned REC Ltd is looking to raise an additional ₹5,000 crore this financial year (FY25) through deep discount zero-coupon bonds, according to sources familiar with the development.

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1 min  |
November 11, 2024
New biz premium of life insurers rises 13% in Oct
Business Standard

New biz premium of life insurers rises 13% in Oct

Reaches ₹30,347 crore despite a significant drop in number of policies sold

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2 mins  |
November 11, 2024
Business Standard

NFRA likely to propose audit norms for LLPs

Guidelines expected after board meeting on November 25

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1 min  |
November 11, 2024
Govt pulls up DoT, BSNL on slow asset monetisation
Business Standard

Govt pulls up DoT, BSNL on slow asset monetisation

Telecom among worst-performing departments in terms of monetisation

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2 mins  |
November 11, 2024
Global trade may fragment further under Trump
Business Standard

Global trade may fragment further under Trump

The election of Donald Trump for a four-year term as President of the United States increases the uncertainties in the global geopolitical scene and trade prospects.

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2 mins  |
November 11, 2024
Purchase price of cane ethanol may be hiked
Business Standard

Purchase price of cane ethanol may be hiked

A formal Cabinet note could be moved in a few days after GoM nod

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2 mins  |
November 11, 2024
FSSAI calls up qcom companies
Business Standard

FSSAI calls up qcom companies

To meet firms like Instamart, Blinkit, Zepto tomorrow

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1 min  |
November 11, 2024
Business Standard

We have a huge appetite for India talent

India is expected to be one of the top markets in terms of revenue in the next few years for United States-based data and analytics company Fair Isaac Corporation, better known as Fico, says WILL LANSING, chief executive officer (CEO). In a video interview with Peerzada Abrar, Lansing, who is based in California, says the firm is not only scaling up its operations in the country by hiring talent and building innovations but also providing technology to some of the largest banks. Edited excerpts:

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2 mins  |
November 11, 2024
Business Standard

Ashok Leyland targets Ebitda break-even for Switch Mobility in FY25

Commercial vehicle major Ashok Leyland expects the Indian business of its electric vehicle (EV) arm Switch Mobility (Switch) to reach break-even on an operating basis during the current financial year.

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1 min  |
November 11, 2024
Tata Steel to file curative petition
Business Standard

Tata Steel to file curative petition

MINING TAX LEVY

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1 min  |
November 11, 2024
Indian-born founders lead the charge in US unicorns
Business Standard

Indian-born founders lead the charge in US unicorns

Even as concerns rise globally over the tightening of immigration rules under US President-elect Donald Trump, a recent study reveals that nearly half of the founders of US startup unicorns were born outside the country, with India leading the way.

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1 min  |
November 11, 2024
Aster DM-Quality Care merger talks in final lap
Business Standard

Aster DM-Quality Care merger talks in final lap

Blackstone may hold a majority stake; deal could be inked next week

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2 mins  |
November 11, 2024
Vedanta keeps cost guidance unchanged, pushes capex pedal
Business Standard

Vedanta keeps cost guidance unchanged, pushes capex pedal

Anil Agarwal, chairman of Vedanta group, informed shareholders on Sunday that the group would be doubling capacities in its three main businesses - zinc, aluminium, and oil and gas - in the near future.

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1 min  |
November 11, 2024
Retaliatory tariff on EU: India to firewall local biz
Business Standard

Retaliatory tariff on EU: India to firewall local biz

India is conducting a \"careful assessment\" to finalise products that may attract higher retaliatory import tariffs from the European Union (EU), said a person privy to the development.

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2 mins  |
November 11, 2024
Corporate earnings fall in Q2, a first in two yrs
Business Standard

Corporate earnings fall in Q2, a first in two yrs

Net sales growth weakest in a year, too; BFSI sector emerges an outlier

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3 mins  |
November 11, 2024
Govt plans to integrate Gati Shakti portal with e-Shram database
Business Standard

Govt plans to integrate Gati Shakti portal with e-Shram database

The government is planning to integrate the e-Shram portal database of over 300 million unorganised workers with the Gati Shakti portal to improve logistics planning and increase employment opportunities for the locals.

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2 mins  |
November 11, 2024
Volumes, margins lead to earnings upgrade for Page Industries
Business Standard

Volumes, margins lead to earnings upgrade for Page Industries

Page Industries reported sales growth of 11 percent in Q2FY25 and volume growth of 7 percent year-on-year (Y-o-Y).

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2 mins  |
November 09, 2024
With benchmarks becoming harder to beat, avoid very high-cost funds
Business Standard

With benchmarks becoming harder to beat, avoid very high-cost funds

The Securities and Exchange Board of India (Sebi) has, through a circular dated November 5, mandated that asset management companies must disclose expense ratios for direct and regular plans separately in their half-yearly statements.

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2 mins  |
November 09, 2024
Sensex, Nifty fall for 2nd day on FPI selling
Business Standard

Sensex, Nifty fall for 2nd day on FPI selling

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank, and State Bank of India.

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1 min  |
November 09, 2024
Business Standard

NSE mulls launching new products to bolster commodities market

The National Stock Exchange (NSE) is seeking to expand its commodities segment by launching new products after examining the performance of energy, base metals, and bullion, an official of the domestic equity benchmark said on Friday.

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1 min  |
November 09, 2024
Zinka Logistics sets price band for ₹1,115 cr IPO
Business Standard

Zinka Logistics sets price band for ₹1,115 cr IPO

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of ₹259-273 per share for its ₹1,115 crore initial share sale.

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1 min  |
November 09, 2024
Swiggy IPO: QIBs do final-day heavylifting
Business Standard

Swiggy IPO: QIBs do final-day heavylifting

Issue subscribed 3.6x as institutional investors swoop in on Day 3 to corner 90% bids

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2 mins  |
November 09, 2024