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Business Standard

Opec+ cuts extension may not impact India

Earliest reversal of cuts pushed to March 2025 on Thursday

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2 mins  |
December 06, 2024
India, Israel on right side of the US' equation
Business Standard

India, Israel on right side of the US' equation

NIR BARKAT, Israel's minister of economy, was in India this week to promote bilateral trade. Barkat, a former paratrooper in the Israel Defense Forces, met ministers, chief executives and representatives of industry associations to explore how the two countries' companies could collaborate. Barkat, in an interview with Shivani Shinde and Dev Chatterjee in Mumbai, talked about how Israel promotes business and its target of $1 trillion exports in the next two decades. Edited excerpts

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3 mins  |
December 06, 2024
Business Standard

BharatPe's 'Shield' against online frauds

Fintech firm BharatPe on Thursday rolled out a fraud-protection plan 'Shield' to offer coverage against digital frauds including protection against fraudulent UPI transactions.

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1 min  |
December 06, 2024
Bitcoin@$100K: Milestone may boost Indian investors' rush
Business Standard

Bitcoin@$100K: Milestone may boost Indian investors' rush

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves.

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1 min  |
December 06, 2024
EQT Asia doubles down on India's health care, infra
Business Standard

EQT Asia doubles down on India's health care, infra

Swedish PE firm invests $6 bn in country, sells stake worth $2.4 bn in 18 months

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2 mins  |
December 06, 2024
Blinkit vs Instamart: Chasing a moving target in qcom race
Business Standard

Blinkit vs Instamart: Chasing a moving target in qcom race

DELIVERING GAINS

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2 mins  |
December 06, 2024
Price cuts for 2 bike portfolios will have token impact: Bajaj
Business Standard

Price cuts for 2 bike portfolios will have token impact: Bajaj

Bajaj Auto said on Thursday the \"net impact\" of its reducing prices of Freedom 125 and Pulsar motorcycle portfolios will be \"nominal\" in the Q3FY25, arguing that a brokerage's report did not give a \"full or accurate picture\".

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1 min  |
December 06, 2024
Hyundai announces price hike of up to ₹25K from Jan
Business Standard

Hyundai announces price hike of up to ₹25K from Jan

Hyundai Motor India (HMIL) on Thursday announced a price hike of up to ₹25,000 across its model range, effective January 1, 2025.

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1 min  |
December 06, 2024
Tractor sales likely to witness fertile H2
Business Standard

Tractor sales likely to witness fertile H2

Analysts expect 10-11% growth in H2FY25 after flat H1

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2 mins  |
December 06, 2024
Business Standard

Myntra adds speed to cart with 30-min delivery 'M-Now'

In a bid to gain first mover edge, Myntra has announced the launch of 'M-Now', which would enable shoppers to receive their orders in about 30 minutes.

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1 min  |
December 06, 2024
'We continue to grow ahead of the mkt'
Business Standard

'We continue to grow ahead of the mkt'

At a time when competition in the fashion retail industry is intensifying as new players emerge, Myntra Chief Executive Officer NANDITA SINHA says the online fashion retailer continues to grow ahead of the market. In a telephonic interview with Peerzada Abrar, Sinha shared that Myntra reached 70 million monthly active users during the festival season, and its GenZ customer base doubled in one year. She also mentioned the launch of M-Now, which enables shoppers to receive their orders in about 30 minutes, and the feature is expected to scale to over 100,000 styles in the next three to four months. Edited excerpts:

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2 mins  |
December 06, 2024
Business Standard

FPIs back in droves in Dec, fuelling equity, debt rally

Foreign portfolio investors (FPIs) have made a strong return to India's debt and equity markets this December, partly reversing two months of consecutive outflows.

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2 mins  |
December 06, 2024
Low salaries can be self-destructive for India Inc: CEA
Business Standard

Low salaries can be self-destructive for India Inc: CEA

Deregulation to be big theme of Eco Survey

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3 mins  |
December 06, 2024
Business Standard

A year of surprises: Triptii Dimri tops IMDb list of stars

Triptii Dimri is India's most popular star for 2024.

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1 min  |
December 05, 2024
India's health at a sugar tipping point, 50% see glucose imbalance
Business Standard

India's health at a sugar tipping point, 50% see glucose imbalance

India is witnessing a diabetes epidemic in the making, with multiple research reports indicating a surge in its prevalence across the country.

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2 mins  |
December 05, 2024
EPS subscribers with ₹1K pension rose 3% to 3.66 mn in FY24
Business Standard

EPS subscribers with ₹1K pension rose 3% to 3.66 mn in FY24

The total number of pensioners receiving minimum assured pension of ₹1,000 under the Employee Pension Scheme (EPS) has increased by 3 per cent to 3.66 million in the financial year 2023-2024 (FY24) compared to the previous year, according to the data from the Employees' Provident Fund Organisation's (EPFO) latest annual report reviewed by Business Standard.

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2 mins  |
December 05, 2024
ARPU VS USERS: TELCOS' CALL
Business Standard

ARPU VS USERS: TELCOS' CALL

Telecom tariff hikes, rolled out in July after 30 months of logjam, are playing out in surprising ways

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4 mins  |
December 05, 2024
RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost
Business Standard

RISING HEALTH INSURANCE CLAIM SIZE Combine base policy, super topup for high coverage at optimal cost

The average health insurance claim payout on Policybazaar.com's platform increased from ₹62,014 in 2022-23 to ₹81,025 in 2024-25 (year-to-date), an increase of 30.7 per cent.

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2 mins  |
December 05, 2024
HEG up 32% as China tightens graphite grip
Business Standard

HEG up 32% as China tightens graphite grip

Rise has occurred over past 2 days, pushing stock to a 70-month high

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2 mins  |
December 05, 2024
Business Standard

Jungle Camps India sets ₹68-72 price band, IPO opens Dec 10

Jungle Camps India Ltd, which provides wildlife and conservation-focused lodges, on Wednesday announced a price band of ₹68-72 per share for its initial public offering (IPO), which will open on December 10 and close on December 12.

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1 min  |
December 05, 2024
PropShare Platina, 1st SM Reit IPO, subscribed 1.11x
Business Standard

PropShare Platina, 1st SM Reit IPO, subscribed 1.11x

The initial public offering (IPO) of PropShare Platina, the first ever by a small and medium real estate investment trust (SM Reit), garnered 1.11 times subscription on Wednesday, the closing day.

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1 min  |
December 05, 2024
Rising competition putting pressure on Avenue Supermarts
Business Standard

Rising competition putting pressure on Avenue Supermarts

Shares of Avenue Supermarts, the operator of DMart retail chain of supermarkets and hypermarkets, have seen a correction of about 30 per cent from highs of ₹5,400 levels in September.

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2 mins  |
December 05, 2024
Kotak AMC to launch ₹2K cr private credit fund
Business Standard

Kotak AMC to launch ₹2K cr private credit fund

Kotak Mahindra Asset Management Company (AMC) is set to enter the private credit market with the launch of a fund, which aims to raise between ₹1,500 crore and ₹2,000 crore, next month.

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1 min  |
December 05, 2024
Rules on uniform standards for nomination facilities notified
Business Standard

Rules on uniform standards for nomination facilities notified

Markets regulator Sebi has notified rules on nomination allowing nominees to act on behalf of incapacitated investors.

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1 min  |
December 05, 2024
Business Standard

₹ closes at new low; bond yields soften

THE FALL ₹ vs $ (inverted scale)

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1 min  |
December 05, 2024
Return expectations need to be moderated'
Business Standard

Return expectations need to be moderated'

Kotak AMC says earnings growth may pick up from next year

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1 min  |
December 05, 2024
Nifty Next 50 muscles ahead in passive arena with 2x AUM jump
Business Standard

Nifty Next 50 muscles ahead in passive arena with 2x AUM jump

On track to become the largest passive option after Nifty 50 and Sensex

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2 mins  |
December 05, 2024
The Adani case: What happens next
Business Standard

The Adani case: What happens next

America's Department of Justice and the Securities and Exchange Commission have indicted Gautam Adani, his nephew Sagar Adani, and six others, alleging their involvement in paying $250 million in bribes to Indian officials and concealing the scheme from US investors.

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3 mins  |
December 05, 2024
The spectacular rise of Indian Americans
Business Standard

The spectacular rise of Indian Americans

Their growing influence is key to deepening ties with America

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4 mins  |
December 05, 2024
Hand across the border
Business Standard

Hand across the border

It takes courage for an Indian, especially a woman, to agree to take up the post of a diplomat in Pakistan.

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4 mins  |
December 05, 2024