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Business Standard

Toyota's 1st electric-SUV to roll out from Maruti's stable

After a successful tie-up in traditional ICE and strong hybrid models, Suzuki and Toyota are now set to take their partnership to the next level: the electric vehicle segment.

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2 mins  |
October 31, 2024
L&T profit rises 5.4% on better execution
Business Standard

L&T profit rises 5.4% on better execution

Keeps guidance on order inflow, revenue generation for full yr

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2 mins  |
October 31, 2024
Firms get second shot at IPO jackpot
Business Standard

Firms get second shot at IPO jackpot

Buoyancy in the primary markets has thrown a lifeline for companies that were unable to successfully launch an initial public offering (IPO) on their first attempt.

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2 mins  |
October 31, 2024
₹11K cr IPO in sight, Swiggy projects qcom as the future
Business Standard

₹11K cr IPO in sight, Swiggy projects qcom as the future

Qcom to surpass food delivery biz in 5 yrs, says CEO

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3 mins  |
October 31, 2024
Down to the wire: Last-minute buys add spark to Diwali
Business Standard

Down to the wire: Last-minute buys add spark to Diwali

Diwali is like a litmus test of consumer sentiment, but this time the industry is still waiting for the 'last-minute' shopping trends to emerge before giving a verdict.

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4 mins  |
October 31, 2024
Business Standard

Ireland govt signs up TCS to enhance worker enrolment

IT services major Tata Consultancy Services (TCS) announced on Tuesday that it has secured a 15-year contract with Ireland's Department of Social Protection (DSP) to implement and support the country's new Auto Enrolment Retirement Savings Scheme, known as the were not disclosed, such long-tenure \"My Future Fund.\" contracts are typically categorised as large deals.

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1 min  |
October 30, 2024
Business Standard

Compare developer's price with resale rate to ensure authenticity

During the festive season, which lasts from October to December, the feel-good atmosphere often encourages potential homebuyers to take the plunge. Developers make attractive offers during this period to nudge the fence-sitters.

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2 mins  |
October 30, 2024
Asset quality risk, a worry for IndusInd
Business Standard

Asset quality risk, a worry for IndusInd

Amid headwinds, the bank faces uncertainty over CEO extension

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2 mins  |
October 30, 2024
Business Standard

NTPC Green Energy IPO to unlock value

The news that NTPC Green Energy (NGEL), a wholly-owned subsidiary of NTPC, has clearance from the Securities and Exchange Board of India (Sebi) to raise ₹10,000 crore via an initial public offering (IPO), was a trigger for the NTPC stock.

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2 mins  |
October 30, 2024
Business Standard

Realty cos raise over ₹12.8K cr via QIPs during Jan-Sep '24

Listed real estate companies have raised ₹12,801 crore via qualified institutional placements (QIPs) in the first nine months of 2024 as they turned to IPO and QIPs to fund their aggressive expansion amid strong post-pandemic demand, a report by real estate consultant Anarock said.

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1 min  |
October 30, 2024
Business Standard

Markets gain on positive global cues

Rising for the second straight session, equity benchmark indices Sensex and Nifty closed higher on Tuesday, helped by fag-end buying in banking counters and a firm trend in global markets.

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1 min  |
October 30, 2024
Record-breaking real estate IPOs raise ₹13.5K cr in 2024
Business Standard

Record-breaking real estate IPOs raise ₹13.5K cr in 2024

India's real estate sector witnessed a record surge in initial public offerings (IPOs), with 123 IPOs listed till October 20 this year, already surpassing the total for 2023, signaling economic optimism and ample market liquidity.

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1 min  |
October 30, 2024
AMC rally may gain further steam after robust Q2 showing
Business Standard

AMC rally may gain further steam after robust Q2 showing

Brokerages raise targets as AMCs deliver earnings surprise

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2 mins  |
October 30, 2024
73,600x surge in 2 days: Elcid now India's 'priciest' stock
Business Standard

73,600x surge in 2 days: Elcid now India's 'priciest' stock

A little-known smallcap company, Elcid Investments, took a giant leap into the history books after its shares surged a staggering 73,600 times in two days to become the priciest stock in absolute terms, surpassing tyre major MRF.

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1 min  |
October 30, 2024
Sellers refuse to let their business bomb
Business Standard

Sellers refuse to let their business bomb

From shops filled with electric diyas to 'sound-only' toys, New Delhi is adapting to yet another Diwali with a ban on firecrackers.

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4 mins  |
October 30, 2024
CARBON TRADING SCHEME CRAWLS
Business Standard

CARBON TRADING SCHEME CRAWLS

Delays in setting up a carbon market in India have become a pressing concern now, especially after a UN body warned this week of the perils of going slow on emission reductions

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6 mins  |
October 30, 2024
Business Standard

Updated, tighter regulations likely by January: Trai

Telecom Regulatory Authority of India (TRAI) expects to finalize by January, updated and tighter regulations on curbing spam calls and messages after holding extensive discussions on its recent consultation paper, Chairman Anil Kumar Lahoti has said.

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1 min  |
October 30, 2024
Business Standard

Cashfree receives RBI nod to operate as PPI

Fintech firm Cashfree Payments on Tuesday said it has received regulatory approval to operate as a prepaid payment instrument (PPI) provider, enabling the firm to issue prepaid payment instruments like cards or digital wallets.

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1 min  |
October 30, 2024
'SIM consolidation to normalise over 2 qtrs'
Business Standard

'SIM consolidation to normalise over 2 qtrs'

Vittal to take up some roles of Bharti Enterprises Chairman Sunil Mittal

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2 mins  |
October 30, 2024
Business Standard

Flying high

Tata-Airbus venture a big boost to indigenous defence production

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2 mins  |
October 30, 2024
India's urbanisation is at a crossroads
Business Standard

India's urbanisation is at a crossroads

Urbanisation is the flip side of prosperity. On a 250-year scale, as economies in the West grew their per capita income, their urbanisation rates increased alongside.

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3 mins  |
October 30, 2024
Business Standard

Digital epidemic

State can't abdicate its duty to deal with cybercrime

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2 mins  |
October 30, 2024
India's missed trade opportunities
Business Standard

India's missed trade opportunities

It is being overtaken in the race to capitalise on trade tensions between the US and China

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4 mins  |
October 30, 2024
Decoding the inflation debate
Business Standard

Decoding the inflation debate

The Reserve Bank of India (RBI) has been following a flexible inflation targeting (FIT) approach since its monetary policy framework agreement (MPFA) with the Government of India in February 2015.

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4 mins  |
October 30, 2024
US job openings decline to lowest since early 2021
Business Standard

US job openings decline to lowest since early 2021

US job openings fell in September to the lowest since early 2021 and layoffs picked up, consistent with a slowdown in the labor market.

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1 min  |
October 30, 2024
Saudi wealth fund to cut overseas investments: Governer at Riyadh meet
Business Standard

Saudi wealth fund to cut overseas investments: Governer at Riyadh meet

Saudi Arabia's sovereign wealth fund plans to cut its overseas investments by about a third, its governor told a conference in Riyadh on Tuesday, as the Kingdom taps into its resources to fund plans to wean the economy off oil.

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2 mins  |
October 30, 2024
Post ended presidential endorsements to fight 'credibility gap', says Bezos
Business Standard

Post ended presidential endorsements to fight 'credibility gap', says Bezos

Amazon.com Inc founder Jeff Bezos, the owner of the Washington Post, said the newspaper's decision to stop endorsing presidential candidates addresses a \"credibility gap\" afflicting the media industry.

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1 min  |
October 30, 2024
Business Standard

This is as bad as it gets for US corporate earnings

But the worst may be behind us, say strategists at Bank of America

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2 mins  |
October 30, 2024
Business Standard

China considers approving over $1.4 trn in extra debt next week

China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to be further bolstered if Donald Trump wins the US election, said two sources with knowledge of the matter.

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1 min  |
October 30, 2024
Naim Qassem elected new Hezbollah chief
Business Standard

Naim Qassem elected new Hezbollah chief

Lebanese armed group Hezbollah named Naim Qassem as its new leader on Tuesday, but Israel said his tenure would be \"temporary,\" an apparent threat after it killed his predecessor Hassan Nasrallah in Beirut over a month ago.

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1 min  |
October 30, 2024