CATEGORIES

'Beyond Bengaluru' for GCC growth

New GCC policy seeks to enhance Karnataka’s appeal

An avoidable audit turf war

A large part of the jurisdictional tussle has emanated from the ICAI seeing itself as the primary body responsible for setting auditing standards

Hurdles for Microsoft Copilot

BALANCING INNOVATION WITH FAIRNESS WILL BE CRUCIAL TO ACHIEVE ITS AI AMBITIONS

Even BlackRock is fleeing public markets

ACQUISITION IS IN BlackRock's genes. Over the years, it has managed to grow and stay relevant through prescient big-ticket purchases.

Flawed urbanisation

India's cities can't seem to extricate themselves from the cycle of poor management

Hyundai Motor's union plans strikes

HYUNDAI MOTOR'S LABOUR union plans to stage strikes for four hours each on Thursday and Friday, a union spokesperson said on Wednesday.

VW says pay cuts in Germany needed

Firm insists such measures needed in Germany to respond to Chinese competition

President Yoon faces impeachment vote

South Korea's Metal Workers' Union plans to launch a full strike from December 11 Unless Yoon Suk Yeol steps down

Keep equity expectations moderate, Volatility could be higher: Kotak AMC

DESPITE THE RECENT slowdown seen in Indian equities and corporate earnings, Kotak Mahindra Asset Management Company (AMC) expects a gradual recovery in 2025, but advised investors to taper return expectations.

SBI seeks RBI relief on inoperative accounts

STATE BANK OF India (SBI) has approached the Reserve Bank of India (RBI) to allow non-financial transactions, such as balance checking, to be made eligible for an account to be considered operative.

Rupee falls 7 paise to close at 84.74, an all-time low

THE RUPEE LOGGED its weakest closing level on record on Wednesday, hurt by a lingering depreciation bias and broad-based dollar bids, while dollar-rupee forward premiums extended their decline.

Benchmarks post gains for fourth straight session

Nifty PSU bank index emerged as the top gainer with a 2.25% increase. The Nifty realty index followed closely with a 2.14% gain

BSE smallcap logs longest winning streak since June

Outperforms larger peers with an 8.6% gain in nine sessions

Bharti Airtel extends 4G, 5G equipment deal with Ericsson

BHARTI AIRTEL HAS signed a multi-year, multi-billion dollar extension deal with Ericsson for 4G and 5G network products and solutions.

Yotta to play the Jio model in pricing GPUs

Hiranandani Group-led Yotta, which has been the frontrunner in creating compute infrastructure in the country with its Nvidia portfolio of graphic processing units (GPUs) is looking to replicate the Jio model in the AI GPU space - high volumes at lower prices.

ONDC plans ₹1.2 levy on transactions above ₹250

THE OPEN NETWORK for Digital Commerce (ONDC) will soon levy a fee of ₹1.20 for every successful transaction above ₹250.

Swiggy may hike Instamart delivery fee in bid to improve unit economics

SWIGGY IS LOOKING to increase the delivery fees it charges from its customers on its quick commerce platform Instamart in a bid to improve its unit economics.

Vodafone to sell residual Indus stake

At Wednesday's price, 3% holding valued at ₹2.8K crore

Export curbs drive boom in barter smuggling

GUARDS ON EITHER side of a border checkpoint between India and Bangladesh scour vehicles and frisk passengers in a hunt for illicit consignments of gold and drugs, as well as food staples such as sugar, grain and even onions.

India lags competitors in capitalising on China Plus One opportunities

Trump tariffs could be an opportunity for India: Niti CEO

CPSE dividend receipts at 76% of annual target

The Centre's dividend receipts from the Central Public Sector Enterprises (CPSEs) and other investments have fetched ₹42,713 crore so far in the current financial year or 76% of the annual target.

Housing secy urges transition from land ownership model

FROM HOUSING TO HABITATION

Blackstone may list $1-bn REIT in 2025

US-BASED FUND HOUSE Blackstone and its partners—Sattva group and Panchshil Realty—are looking to raise $1 billion (over ₹8,400 crore) via an initial public offering (IPO) of their mega real estate investment trust (REIT) next year, said sources.

Super app Neu fails to fix an old problem

WHEN IT WAS launched in April 2022 with a lot of fanfare, Tata Neu was heralded as the next big thing from one of India's most-celebrated conglomerates - the Tata group.

Byju's exec, business ally face US court sanctions

THE CHIEF CONTENT officer of troubled edtech firm Byju's and an ally of the company's founder face financial sanctions in the US for their roles in stripping software, cash and other assets from businesses under court supervision.

CRR cut hopes: Bond yields at near 3-yr low

THE GOVERNMENT BOND yields have softened to their lowest levels in nearly three years on rising hopes of the Reserve Bank of India (RBI) cutting cash reserve ratio (CRR) on Friday to infuse liquidity into the system.

Rabi sowing picks up pace, rises 4%

SOWING OF RABI or winter crops such as wheat, pulses, oilseeds and coarse cereals continues to gather pace across the country on robust soil moisture due to surplus monsoon rainfall and higher prices.

800 job offers in two days at IIT Kharagpur

STUDENTS OF IIT Kharagpur have received over 800 job offers in the first two days of the 2024-25 placement session, the premier institute said in a statement on Monday.

Liren-Gukesh clash: 'Mistake after mistake'

Ex-champions unimpressed by level of play at FIDE world chess

3 Scorpene subs, 26 Rafale-M jets deal likely by Jan

Chinese activity in Indian Ocean remains a worry, says Navy chief