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Honda-Nissan deal may hold key to fight against BYD
HONDA MOTOR ABSORBING Nissan Motor could give the two struggling Japanese brands the scale they need to take on China's BYD, sales figures released on Wednesday show.
The angry young man
LATER, THE BUREAU of Indian Standards got into examining the matter.
Investors Get Good Exits in IPO Frenzy
IN FACT, A whopping ₹1.6 lakh crore has been mopped up in the primary market in 2024 by 90 firms, the highest so far in a year, topping the ₹1.19 lakh crore raised through IPOs in 2021 by 63 companies.
Impact On Auto Sector
HOWEVER, THE FALLING rupee presents challenges for import-dependent luxury carmakers like Mercedes-Benz, BMW, Audi, and Volvo.
China Avoids Rate Cut to Brace for Future Pressure
CHINA REFRAINED FROM cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.
Yoon Defies Second Agency Summons Over Martial Law
SOUTH KOREA'S SUSPENDED President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.
Garuda promotes precision agriculture in hinterland
• Trains over 500 rural women for agri-related services
'2025 will be the year of small language models'
Mohammed Rafee Tarafdar, chief technology officer (CTO), Infosys, says that in recent times, several small language models for India-specific needs have been launched and with the growing developer base, \"we should see a lot more GenAI applications implemented for Indian and global markets.\"
Moving towards an IP-centric economy
A product mindset will help drive business growth
Gender gaps persist
WOMEN'S ACCESS TO PAID WORK CAN ONLY IMPROVE WHEN THE ECONOMY IS CREATING ADEQUATE JOBS
Wegovy & Zepbound's next lap harder than acceptance
THIS TIME LAST year, people were still bickering about whether Novo Nordisk's Wegovy and Eli Lilly & Co.'s Zepbound represented a shortcut to losing weight or a medical breakthrough.
Incremental Gains
Growth in area under green cover is encouraging, but the threat of forest degradation must be averted
A Baseline Scenario for Global Economy in 2025
Economic fragmentation will continue, pushing some countries to diversify their reserves further away from the US dollar and explore alternative payment systems
Long-Term Debt Funds to Gain From Rate-Cut Cycle
With India expected to enter a rate-cut cycle in a couple of months, things are looking brighter for debt funds.
Recoveries may top FY25 target of ₹5,000 cr
Aiming to expand its footprint across the country, Yes Bank plans to open 400 branches in the next five years. In an exclusive interaction, Prashant Kumar, managing director and CEO, tells Sachin Kumar about growth plans and the strategy to garner deposits at a time when the banking sector is struggling to raise low-cost funds.
Insurance penetration slips below 4% in FY24
AFTER THREE YEARS, India's insurance penetration slipped below 4% in FY24, underscoring the challenges in meeting Irdai's 'Insurance for All by 2047' vision.
Amitava Chatterjee Appointed J&K Bank MD
J&K Bank on Wednesday announced the appointment of Amitava Chatterjee, currently deputy managing director of State Bank of India (SBI), as its new managing director (MD) and CEO.
N Srinivasan Resigns as India Cements MD & CEO
INDIA CEMENTS LIMITED (ICL) on Wednesday announced that its former promoter N Srinivasan has stepped down as the company's managing director and CEO with immediate effect.
Ola Reaches 4,000-Store Mark With EV Network Expansion
Ola Electric on Wednesday expanded its network to 4,000 stores across the country, marking one of the fastest rollouts of EV distribution globally.
Risk management set to drive Dezerv's 2025 growth story
Dezerv, which largely caters to an affluent section of first-generation wealth creators including founders and C-suite executives, will prioritize risk management next year as markets navigate global uncertainties.
Synaptics to double workforce in India
NASDAQ-LISTED SEMICONDUCTOR solutions company Synaptics plans to double its workforce in India from 400 to 800 employees over the next two to three years, reinforcing its commitment to wireless and edge AI product development.
Reverse flipping all set for 'homecoming' rush
However, regulatory hurdles, high costs & tax timelines likely to pose challenges
Allu Arjun, makers of Pushpa announce ₹2-cr financial aid for stampeded victim family
ACTOR ALLU ARJUN and makers of the film Pushpa on Wednesday announced financial assistance of ₹2 crore for the family of the woman who died in a stampede during the film's screening at a theatre here on December 4.
Delhi Govt Disowns AAP New Schemes; Kejriwal Targets BJP
In an unprecedented move, senior officers in the Delhi government released public notices and disowned the registration process started by chief minister Atishi and her predecessor, Arvind Kejriwal, for two schemes announced by the ruling AAP in the national capital.
Need to counter Cong on Ambedkar, BJP tells its allies at NDA meeting
Members of the ruling NDA met Wednesday at the New Delhi residence of BJP president and Union Minister JP Nadda to discuss ways to put up a united front to counter the Opposition narrative on the issue of the Constitution and Dr B R Ambedkar.
MT Vasudevan Nair, Malayalam literature & film giant, no more
Renowned Malayalam writer MT Vasudevan Nair died on Wednesday at a private hospital in Kozhikode, where he was admitted following heart failure.
EY report forecasts 6.5% growth in FY25, FY26
INDIA'S REAL GDP is expected to grow 6.5% in the current as well as the next financial year, according to the EY Economy Watch report.
India Boosts Position in World Market for Copper, Aluminium Wires
IN THE EXPANDING global market for aluminium and copper wires, India has increased its share and ranking among exporters in the past decade, according to data compiled by the commerce ministry.
Record RE addition of 30 GW, policy push for storage, hybrid energy
INDIA MADE SIGNIFICANT progress in the renewable energy (RE) sector in 2024 with total RE capacity reaching 205.5 gigawatt (GW) as of November in the current fiscal year 2024-25.
Modi lays foundation stone for MP river-linking project
PRIME MINISTER NARENDRA Modi on Wednesday accused Congress of ignoring Dr B R Ambedkar's contribution to the development of water resources in the country as he laid the foundation stone of the Ken-Betwa river linking project in Madhya Pradesh.