CATEGORIES

Banks flag FIR delays, seek case update

Demand faster case resolutions, amendments to safeguard officials from post-retirement prosecution

DoT calls for telecom PLI expansion

India has achieved 60% import substitution in products under this scheme

Oyo enters UK, UAE with luxury brand SUNDAY

In a bid to expand its premium property portfolio overseas, SUNDAY, a luxury hotel brand owned by OYO's parent firm and SoftBank Group, has opened its first properties abroad in the UK and UAE, OYO said on Wednesday.

Vodafone to sell 3% stake in Indus Towers for ₹2,840 cr

British Telecom giant Vodafone PLC will liquidate its holdings in mobile tower infrastructure company Indus Towers, selling its remaining 3 per cent stake.

PhonePe eyes replicating UPI success via diversification

Fintech major PhonePe is strengthening its presence across key financial verticals—payments, lending, insurance, and wealth management—as it aims to replicate its success in the Unified Payments Interface (UPI) space across other domains.

Akasa Air seeks DGCA exemption from fog mandate

Akasa Air has asked the Directorate General of Civil Aviation (DGCA) to exempt it from deploying CAT-III trained pilots on flights to and from two major fog-affected airports, Kolkata and Bengaluru, for specific periods, since there is a shortage of such pilots in its roster, sources told Business Standard.

Hope govt brings down tax burden on aerated beverage category: IBA

The Indian Beverage Association (IBA) on Wednesday said it is hopeful that the 12 per cent cess on the carbonated beverages category is waived off in 2026, bringing down the tax on the category to 28 per cent.

Hero rides sub-₹1 lakh e2W wave with Vida V2

Competition heats up in this space

Paints not a commodity play; brand plays a key role

Competition is intensifying in the decorative paints segment. Berger Paints India, the country's second-largest paint manufacturer, plans to hold on to its share in the face of challenges. Abhijit Roy, managing director and chief executive officer of Berger, spoke to Ishita Ayan Dutt in Kolkata about his 100-year-old company's plans and why price is \"not the only game in town\" in the industry. Edited excerpts:

42 and counting: Dhoni top scorer on the brand pitch

At 43, Mahendra Singh Dhoni remains the crown jewel of Indian brand endorsements, defying the twilight of his cricketing career.

Sebi: Not mandatory for specified digital platforms to register

The Securities and Exchange Board of India (Sebi) on Wednesday clarified that specified digital platforms (SDPs) are not required to register with the market regulator.

Charging up at Honda: Elevate-like EV for FY27 rollout

Honda Cars India (HCIL) plans to launch three new models in India in 2026-27 (FY27), including its first electric car (e-car), President and Chief Executive Officer (CEO) Takuya Tsumura told Business Standard on Wednesday.

Israel looking for collaboration with India Inc, startups

As Israel and India work on deepening their trade relations, a high-profile delegation of Israeli chief executives, led by that country's economy and industry minister, Nir Barkat, is scheduled to visit India in January.

Direct plans make up 40% of SIPs now

Online investment platforms are rapidly reshaping the mutual fund (MF) distribution landscape.

India eyes opportunity in Trump's tariff war with China

Govt identifies electronics, pharma, auto parts among sectors primed to benefit

Uber rolls out Asia's first water transport service with shikara bookings at Dal Lake

Tourists visiting the iconic Dal Lake will now enjoy a hassle-free travel experience with the launch of Uber's first water transport service in Asia, aptly named 'Uber Shikara'.

Warmer than normal winters likely this season, says IMD

Nov 2024 among the warmest since 1901

Ram Janmabhoomi stir picked up pace after Shah Bano case: Jung

The Ram Janmabhoomi movement gained momentum after the Rajiv Gandhi government's knee-jerk reaction to the Shah Bano case in 1985, leading to cascading communalism in the country, former Delhi lieutenant governor Najeeb Jung said on Monday.

Delhi airport sets up special enclosures for delayed flights

The Delhi airport is establishing special enclosures at its terminals to accommodate passengers stuck in aircraft for more than three hours.

Swiggy expands its 10-min Bolt delivery service to over 400 cities

'BOLT' FROM BLUE

Ola Electric powers ahead with 4,000 store target

Marks 4x increase with 3,200 new outlets joining 800 existing stores

MAY THE BEST AIP WIN

Navy's choice between German and Spanish submarines could boil down to who has the best Air Independent Propulsion

Macro-driven funds that can fall prey to timing risk

DSP Mutual Fund has launched the DSP Business Cycle Fund.

Dixon Tech to gain from high volumes, new biz

May emerge as major smartphone manufacturer; brokerages positive

Price hikes key trigger for cement majors

Cement had a slow quarter with volumes up 3 per cent year-on-year (Y-o-Y) on average in the second quarter of the current financial year (Q2FY25).

Adani Ports arm's rating upgraded by 6 notches

Rating firm CareEdge has revised Gopalpur Ports Limited's (GPL) credit rating from \"BBB\" (RWP) to \"AA/Stable\", upgrading it by six notches, post-acquisition by the Adani Ports and Special Economic Zone (APSEZ) in March this year.

Adani investor GQG's shares plunge over 14% after UBS downgrade

Shares of Australian-listed GQG Partners tumbled over 14 percent on Monday after UBS downgraded the stock and said the firm may have lost AU$600 million ($390 million) in funds under management in the two days following the indictment of Adani group executives.

Zepto CEO optimistic about public issue in '25

Fresh out of bumper $350 million funding this time from marquee domestic investors, quick commerce (qcom) company Zepto says it is on a clear path to becoming a full Indian-owned entity and hitting profit after tax (PAT) positive milestone, as co-founder and CEO Aadit Palicha exudes optimism about a possible initial public offering (IPO) in 2025.

Markets gain as FPI selloff eases; Sensex, Nifty up 0.6%

Benchmark indices recovered from early losses to end with gains of 0.6 per cent on Monday.

AIFs seek tax passthrough to compete with new asset class

Plan to make representation to finance ministry, Sebi for level playing field