CATEGORIES

REC raises ₹ 2,195 cr via 15-yr, 10-yr bonds

Rural Electrification Corporation Ltd. (REC) on Tuesday said it has raised ₹2,195 crore through bonds of different maturities.

DP World expands Rewari terminal capacity by 25%

The India business of Dubai-based global logistics giant DP World has expanded infrastructure at its rail terminal in Pali, Haryana, by adding a third rail line in anticipation of increased freight demand across northern India.

HPCL's Barmer refinery to begin processing in Jan

With 9 mt crude oil refining capacity, facility to produce 2.4 mt petrochemicals

US-indexed LNG catches fancy of Indian firms on Trump's return

Nearly 13 years after Gail, a state-run gas distributor, had agreed to source liquefied natural gas (LNG) from two American projects at Henry Hub-linked prices, companies are taking the same path under short-term contracts and based on the same formula.

Cryptos to be taxed as capital gains: ITAT

The Income Tax Appellate Tribunal (ITAT) in Jodhpur has clarified on the taxation of cryptocurrencies, ruling that profits from crypto sales should be considered as capital gains, rather than income.

Banks mobilise ₹8 trn via CDs in FY25 so far

Banks have mobilised around ₹8 trillion by issuing certificates of deposit (CDs) during the current financial year (FY25), amid a scramble for deposits in a tight liquidity environment and to manage their funding costs.

Lower Q2 growth a blip, economy to do better: FM

Sitharaman says capex, inflation management to be key drivers

Imports from UAE, S Africa grew in triple digits in Nov

India's outbound shipments to nine out of top 20 export destinations contracted in November that led to a surprise exports contraction by 4.9 per cent during the month, trade data released by the commerce department on Monday showed.

RBI lifts curbs on 2 Edelweiss group cos

The Reserve Bank of India (RBI) on Tuesday said that it has lifted business restrictions imposed on ECL Finance and Edelweiss Asset Reconstruction Company (ARC) — both part of the Edelweiss Group — in May this year, after being satisfied with the remedial measures undertaken by the companies to address the central bank's concerns.

Sanghi, Penna Cement merge with Ambuja

Ambuja Cements on Tuesday announced an amalgamation of its two subsidiaries Sanghi Industries Limited (SIL) and Penna Cement Industries Limited (PCIL) with itself.

Ventive Hospitality to raise ₹1.6K cr through IPO

Blackstone-backed Ventive Hospitality, a hotel asset management company, on Tuesday said that it is looking to raise ₹1,600 crore through its initial public offering (IPO), most of which would be used to repay its debt.

UK approves Bharti Global's 24.5% stake buy in BT

The United Kingdom (UK) government has approved Bharti Global's acquisition of a 24.5 percent stake in BT following a detailed national security assessment of the process since the Indian multinational and British telecom major announced the deal back in August.

The shape of the influencer economy

WITH THE RISE IN SOCIAL MEDIA USAGE, INFLUENCERS ARE BECOMING KEY TO REACHING CONSUMERS. THE FIRST OF A TWO-PART SERIES DELVES INTO THE BIGGER PICTURE OF THIS ECONOMY

Daikin India, Rechi form JV to make AC compressors

Daikin India, a 100 per cent subsidiary of Japan-based Daikin Industries, and Rechi Precision, a major in the compressor business, have announced a joint venture (JV) to manufacture, design and sell rotary (inverter and non-inverter) compressors in India and some overseas markets.

Billion-dollar revenue club of unlisted firms swells

Ambani-owned firms, MNC subsidiaries claim top spots

Independent director pay continues to rise

Steady growth in the number of companies paying a sitting fee of ₹100,000 or more per board meet

Companies push marketing spend as sales hit slow lane

Amid muted revenue growth, companies ramped up spending on attracting customers in the previous quarter, marking the highest levels in four years.

Car majors set to double EV rollouts in new year

If SUVs (sport utility vehicles) were the flavour of 2024, EVs (electric vehicles) may turn out to be the big theme for 2025.

Equities tumble, ₹ slips as FPIs turn risk-averse

Investors await Fed move; concerns grow over widening trade deficit

OEMS'bet on EVs may reach $323 bn by '70

Automobile original equipment manufacturers (OEMs) are likely to invest $323 bn by 2070 to de-carbonise the transportation sector, and electric vehicle (EV) sales could add $9.6 trillion to OEM revenues by that time, according to a recent report by the Climate and Sustainability Initiatives (CSI).

Maestro who took tabla to global stage

His fingers flew, fluttered and floated in quicksilver changes of raga and rhythm, drumming up music and magic.

Global law firms rush to cash in on $150 billion Gulf deals boom

Top law firms from New York, London and Chicago are deepening their presence in the Gulf, chasing profits from a region that's announced more than $150 billion in deals this year.

Delhi EV registrations lose spark

Drop 85% between Jan-Nov despite EV policy extension until March

The new RBI should revert to old rupee policy

The new Governor at Mint Road, Mumbai has arrived at a difficult moment. Economic growth has slipped, inflation remains elevated, while the international environment has become increasingly uncertain after a change of political regime in the United States.

Invest for segment's fair valuations, ability to stabilise portfolio

The market cap of largecap stocks (the top 50 or top 10) vis-à-vis the total market cap is at its lowest level ever, according to the December edition of the DSP Netra report.

Brokerages upbeat on India for 2025

Recommend equities as preferred asset class

Dabur stock seems reasonably valued after correction

Analysts' interactions with Mohit Malhotra, chief executive officer (CEO) of Dabur India (Dabur), give a clear picture of the demand trends in the fast-moving consumer goods (FMCG) space and the company's strategy.

December public offer pipeline thickens

December is shaping to be the busiest month for initial public offerings (IPOs) this year.

MF schemes'cash holding drops to 5.4% in November

The cash holding of equity mutual fund (MF) schemes declined marginally to 5.4 per cent in November, the lowest level in four months.

Mkts slip as weak global trends, financials weigh

Benchmark indices Sensex and Nifty closed lower on Monday as investors turned cautious ahead of the US Fed interest rate decision amid weak global cues.