CATEGORIES

Grade A warehousing mkt to hit 700 mn sq ft

THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).

IRCTC teams up with ITC, Tata Group, Harvest Gold to revamp food catering

Refurbishing Refreshments

Rupee falls 13 paise tracking Asian peers, dollar demand

THE RUPEE ENDED 13 paise down against the dollar to 86.46 on Thursday due to a decline in the most regional currencies and demand for dollars from foreign banks, said forex traders.

Special fund for MFIs...

The combined loan outstanding of the MFIs stood at around ₹1.7 lakh crore as on March 31, 2024. And 60% of this amount has been lent by large MFIs

OpenAI to Indian court: Can't delete ChatGPT training data

'BREACH OF US LEGAL OBLIGATIONS'

Amazon Web to invest $8.3 billion

Amazon Web Services (AWS) will invest $8.3 billion in cloud infrastructure in Maharashtra by 2030, creating a pivotal moment for the state's digital economy.

After NSA, foreign secretary to visit China on January 26-27

MOVING TO RESUME bilateral engagements after the disengagement at the India-China border, foreign secretary Vikram Misri will travel to Beijing on January 26-27 for a meeting of the \"foreign secretary-vice minister mechanism between India and China\".

LNG imports to fall in 2025 as demand moderates: IEA

INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.

Zee Q3 profit jumps 180%; revenue falls

ZEE ENTERTAINMENT ON Thursday reported a 179.7% year-on-year rise in its consolidated net profit at ₹163.6 crore for the third quarter of the financial year 2024-25 (Q3FY25).

New probe ordered into Foxconn hiring

NHRC FAULTS LABOUR OFFICIALS FOR LAX INQUIRY

In hiding, Awami League leaders connect with Hasina

Their bank accounts frozen, many relatives arrested

HPCL Consolidated Profit in Q3 Surges 257% to ₹2,544 cr

Hindustan Petroleum Corp Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at ₹2,543.65 crore from ₹712.84 crore in the year-ago period.

HUL to give beauty business a glow-up with new strategy

THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever (HUL), has put in place a four-pronged strategy to grow its beauty and wellbeing business, created in April last year.

Maruti Suzuki cars to cost more from Feb 1

MARUTI SUZUKI INDIA on Thursday said it will hike prices by up to ₹32,500 across various models from February 1 to partially offset the rise in input costs.

57% Taxpayers Seek I-T Rate Cuts

Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.

Oil buyers pull all levers to replace Russian imports

OIL REFINERS ARE reaching for all available options in the rush to make up for Russian flows hit by Washington's latest round of sanctions, turning to the spot market while simultaneously seeking more long-term supplies from West Asian producers.

Infra.Market raises $126 mn

CONSTRUCTION MATERIALS SOLUTIONS firm Infra.Market has successfully raised approximately $120 million (₹1,050 crore) in its pre-IPO funding round, according to sources aware of the matter.

Now, equities need domestic investors more than ever

Local Funds Emerge As Key Driver

Package Likely to Ramp Up Pulses & Oilseeds Output

• Govt keen to rein in imports of these items by boosting domestic production

NCLAT Stays CCI's 5-Year Antitrust Ban

● Directs Meta to deposit 50% of ₹213-cr penalty

West Asia and North Africa Top Market for Engineering Exports

WEST ASIA AND North Africa (WANA) emerged as the biggest buyer of engineering products from India for the first time ever in December, pushing North America to the second slot, the commerce ministry data showed.

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

Indus Towers to foray into EV charging infrastructure

MOBILE TOWER OPERATOR Indus Towers has launched pilot electric-vehicle charging stations at two locations, it said on Thursday, amid the country's growing push to adopt the environmentally cleaner models.

AI, Gen AI, & ML Models Power Wealthtech Platforms

PRUDENT DECISION

Mphasis posts modest Q3 revenue growth

MPHASIS REPORTED A sequential revenue growth of 0.8% to ₹3,561.3 crore and a net profit of ₹427.9 crore, up 1.1%, for the quarter ended December.

Empowering India's Green Energy Goals Through Innovation and Trust

Lord's Mark Industries Upholds PM's Vision of Surya Ghar: Muft Bijli Yojana

CCPA Notices to Ola, Uber Over Price Disparity Complaints

The Consumer Protection Authority (CCPA) has issued notices to tech giant Apple and cab aggregators Ola and Uber following consumer complaints about software performance and pricing disparities, Consumer Affairs Minister Pralhad Joshi said on Thursday.

Luxury car sales facing China hurdle: Tatas

JAGUAR LAND ROVER's owner, Tata Motors, said profitability is being hurt by economic challenges in China, a market where weak demand and consumer preference for electric vehicles is curbing sales of traditional top-end cars.

80% firms struggle to find talent: Survey

Shortage Across Industries

Small tea growers for curbs on substandard imports

SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.