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Business Standard

Caramelised popcorn in theatres may stay in 5% slab

Single rate on sale of all old, used vehicles, including EVs

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2 mins  |
December 25, 2024
Indo Farm Equipment listing to open for subscription on Dec 31
Business Standard

Indo Farm Equipment listing to open for subscription on Dec 31

Indo Farm Equipment on Tuesday fixed a price band of ₹204 to ₹215 per share for its initial share sale that opens for public subscription on December 31.

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1 min  |
December 25, 2024
Business Standard

HDFC Bank's growth engine ready to roar into overdrive from FY26

After the merger, HDFC Bank has performed quite well, with an in-line performance in the July-September quarter (Q2) of 2024-25 (FY25).

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2 mins  |
December 25, 2024
Business Standard

Mkts settle flat in volatile trade

Benchmark indices Sensex and Nifty ended on a flat note in a volatile trade on Tuesday, as investors preferred to stay on the sidelines awaiting further triggers amid persistent foreign fund outflows.

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1 min  |
December 25, 2024
Business Standard

Senores outshines the pack; Carraro crawls, Ventive soars

The response to the three initial public offerings (IPOs) that closed on Tuesday was mixed.

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1 min  |
December 25, 2024
Business Standard

Angel One MF sets its sights on passive edge

Passive-only fund house to leverage online, traditional channels

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1 min  |
December 25, 2024
10 funds on thin ice under IFSCA's watchful gaze
Business Standard

10 funds on thin ice under IFSCA's watchful gaze

Regulator draws line in sand for funds failing to meet 'substance' requirements

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2 mins  |
December 25, 2024
Business Standard

Middle-class strain on consumption

In recent weeks, a slowdown in private consumption has dominated headlines.

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4 mins  |
December 25, 2024
Four big promises
Business Standard

Four big promises

Budget 2025 will have achieved a lot if it fulfils the promises made in July 2024

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5 mins  |
December 25, 2024
History without context
Business Standard

History without context

This is a difficult work to describe, leave alone classify. Take the title. It suggests that the author's great-grandfather (the titular character) had possibly a consequence comparable to that of the Mohan, Mahatma Gandhi, as far as the British Empire was concerned. It doesn't take the reader long to discover the presumptuousness of it, since Mohanlal Killawala was nothing of that ilk; he was a mere blip in the Empire in the Indian Ocean and does not merit even a footnote.

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3 mins  |
December 25, 2024
Business Standard

Computing power

Google's new chip can scale up quantum computing

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2 mins  |
December 25, 2024
Business Standard

Progress report

State govt finances need attention

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2 mins  |
December 25, 2024
BYD Workers Found in 'Slave' Conditions at Brazil Site
Business Standard

BYD Workers Found in 'Slave' Conditions at Brazil Site

BYD has severed ties with a construction firm after Brazilian authorities halted construction of a new electric vehicle plant where workers were found working and living in \"slavery\"-like conditions.

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1 min  |
December 25, 2024
Biden to decide on US Steel takeover after panel deadlocks
Business Standard

Biden to decide on US Steel takeover after panel deadlocks

A US national security panel has deadlocked on its review of the sale of United States Steel Corp to Nippon Steel Corp, a procedural development that opens the door for President Joe Biden (pictured) to block the transaction.

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1 min  |
December 25, 2024
China plans $411bn bond issuance next yr
Business Standard

China plans $411bn bond issuance next yr

Move comes amid expected increase in US tariffs on Chinese imports

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1 min  |
December 25, 2024
Business Standard

Shift and diverge: Why mergers like Honda-Nissan's often crash

The Japanese automakers Honda and Nissan are discussing a possible merger, in a bid to share costs and help themselves compete in a fast-changing and increasingly competitive industry.

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3 mins  |
December 25, 2024
Business Standard

Govt launches AI tools to boost consumer safety

Food and Consumer Affairs Minister Pralhad Joshi on Tuesday launched several initiatives to strengthen consumer protection, including artificial intelligence (AI)-enabled helpline and tools to detect deceptive marketing practices, while major e-commerce players pledged to enhance online shopping safety.

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1 min  |
December 25, 2024
Wheat acreage raises hopes of regular harvest
Business Standard

Wheat acreage raises hopes of regular harvest

The area covered under wheat has matched the normal acreage of the past five years during the week ending December 20.

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1 min  |
December 25, 2024
Business Standard

Net sold $9.2 bn, highest since Sep 2022

The Reserve Bank of India (RBI) net sold $9.2 billion in October, highest monthly sale since September 2022, more than two years, when the RBI had net sold $10.3 billion worth of the greenback.

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1 min  |
December 25, 2024
Increase in rupee volatility shows little signs of abating
Business Standard

Increase in rupee volatility shows little signs of abating

The expected volatility of the rupee, which had spiked this month, shows little signs of abating even as the currency hits new all-time lows.

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2 mins  |
December 25, 2024
Rupee touches new low for 6th session in a row
Business Standard

Rupee touches new low for 6th session in a row

LIQUIDITY DEFICIT WIDENS TO 7-MTH HIGH

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1 min  |
December 25, 2024
Automobile sales losing pace
Business Standard

Automobile sales losing pace

Just two years ago, automobiles were one of the better-performing sectors, having quickly got back on its feet after the pandemic to post record sales.

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2 mins  |
December 25, 2024
Business Standard

Greaves Electric Mobility files IPO papers to raise ₹1,000 cr

Greaves Electric Mobility Limited (GEML), the electric-vehicle (EV) maker behind brands like Ampere, Eltra, and Ele, has filed its draft red herring prospectus with the Securities and Exchange Board of India to raise ₹1,000 crore through an initial public offering (IPO).

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1 min  |
December 25, 2024
Business Standard

E-pharmacy to reduce operating losses in FY26

India's online pharmacy sector is on track to reduce operating losses to below 10 per cent in the next financial year (FY26), a sharp improvement from over 30 per cent in FY23, rating agency CRISIL said.

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1 min  |
December 25, 2024
Action likely against AbbVie exec who vowed to follow rules
Business Standard

Action likely against AbbVie exec who vowed to follow rules

American drug major AbbVie Healthcare's Indian arm, which is under the scanner for sponsoring foreign trips of 30 doctors in violation of the Uniform Code for Pharmaceutical Marketing Practices (UCPMP) rules, may be in for more trouble as the government is mulling taking action against the company executive who signed the self-declaration to abide by the rules, government sources said.

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1 min  |
December 25, 2024
DGCA slaps ₹10 lakh fine on Akasa Air
Business Standard

DGCA slaps ₹10 lakh fine on Akasa Air

The Directorate General of Civil Aviation (DGCA) has fined Akasa Air ₹10 lakh for denying boarding to seven passengers on its Bengaluru-Pune flight on September 6 and failing to provide the mandatory compensation.

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1 min  |
December 25, 2024
Business Standard

V2 set to see ₹1.8K cr revenue in FY25

Delhi-based consumer retail brand V2 Retail is focusing on enhancing customer experience and expanding product ranges to drive long-term growth.

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1 min  |
December 25, 2024
NFRA imposes ₹2 crore fine on Deloitte over ZEEL audit
Business Standard

NFRA imposes ₹2 crore fine on Deloitte over ZEEL audit

Also penalises two CAs with ₹15 lakh for professional misconduct

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2 mins  |
December 25, 2024
Business Standard

FINTECH LENDING UP 21.3% IN H1FY25, VALUE JUMPS 40%

The volume of loan disbursals by FACE member companies rose 21.3 per cent to 56.4 million loans in the first half of FY25 (H1FY25), up from 46.5 million in H1FY24, data shows.

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1 min  |
December 25, 2024
When Zoho CEO Wanted to Hire Trump's New AI Advisor
Business Standard

When Zoho CEO Wanted to Hire Trump's New AI Advisor

When Sriram Krishnan was studying at SRM Engineering College in Chennai during 2001-05, Sridhar Vembu, founder of tech firm Zoho Corporation, came across his blog.

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2 mins  |
December 25, 2024