CATEGORIES

Adani family cements Ambuja hold with ₹6,661-cr infusion

Raises stake by 3.6% to 66.7% in company

Yen fall may not hit Indian exports

THE RECENT DEPRECIATION seen in the yen is not expected to impact India's exports to Japan as they are not competing with domestic manufacturers, but it could jack up Indian imports of electronics, machinery and auto components, according to the Federation of Indian Export Organisation.

Rural workers to get 3-11% wage hike

AHEAD OF THE general elections, the Centre has notified hikes in the range of 3-11% in the daily wages of Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) workers for the next fiscal.

Fiscal deficit reaches 86.5% of FY24 RE in April-February

Capex momentum strong, but poll code may slow it in March

Bankman-Fried sentenced to 25 years in jail for FTX fraud

SAM BANKMAN-FRIED WAS sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.

Shifting gears: Maruti Suzuki to launch 6 EVs by 2030, eyes 15% sales

AHEAD OF ITS first electric vehicle launch, the eVX in 2025 - and eventually six EVs by 2030 Maruti Suzuki is exploring all options to alleviate range anxiety by enhancing charging infrastructure, despite the fact that the eVX reportedly has a big, 60-kWh battery and a 550-km range.

RIL picks up 26% in Adani firm

IN A FIRST-EVER collaboration between the two of the country's largest conglomerates, Mukesh Ambani's Reliance Industries (RIL) will buy 26% stake in a power project of Gautam Adani's Adani Power for using 500 megawatt for captive use.

Auto firms feel the chill of Baltimore bridge collapse

\"Too early to assess', says one; JLR, M&M, Eicher top exporters

HUL in initial talks for sale of Pureit

THE COUNTRY'S LARGEST consumer goods company, Hindustan Unilever, is looking at a potential sale of its Pureit water purifier business, informed sources have told FE, in an attempt to focus on its core FMCG businesses.

Indices end FY24 on a high; Nifty jumps 29%

INDIAN STOCK MARKETS closed on a high on the last trading session of FY24 on Thursday, with both the Sensex and Nifty rising almost 1%. Overall, bulls continued to dominate bourses the in FY24, despite geopolitical tensions and inflation continuing to be sticky for most part of the year.

American Ceos Should Invest In China, Says Xi

PRESIDENT XI JINPING met with a group of American business leaders in Beijing including Blackstone Inc's Stephen Schwarzman and Qualcomm's Cristiano Amon as China is seeking to restore confidence in the economy and keep relations with the US on a stable footing.

Aadhaar May Be Used As Key Tool For Population Census

Experts say data can only be partly used

Poll ad spend to hit ₹4K cr; social media stars top draw

WITH POLITICAL PARTIES getting into the campaign mode, political advertisements across media platforms is set to rise by around 20-60% this time compared to the 2019 parliamentary elections.

No interim relief for Kejriwal, ED gets time to respond to pleas

Arrest disables him from active role, level-playing field uneven: Singhvi

Baltimore bridge collapse reverberates from cars to coal

THE 1.6 MILE-LONG bridge collapsed in a matter of seconds. The catastrophic consequences are set to stretch out for weeks.

Bonds see biggest selloff by global investors in a year

THE INDIAN RUPEE'S decline to a record low on Friday pushed foreign investors to reassess their frenzied buying of the country's assets, triggering the biggest selloff in Indian bonds in a year.

RBI eases rules on regulated entities' investment in AIFS

THE RESERVE BANK of India (RBI) on Wednesday eased its recently tightened rules that had mandated lenders (regulated entities or REs) to set aside higher provisions if they have bought into alternative investment funds (AIFS) that, in turn, invested in the lender's borrowers.

Renault-Nissan to launch four SUVs

To take on Creta, Seltos and Grand Vitara models

IPO-bound Swiggy delivers ₹5,476-cr revenue in Apr-Dec

Gross order value at ₹24,230 cr in first nine months of FY24

Amul to start fresh milk sales in more countries

Announcement likely in 2 months

To gauge PSE valuation before listing them: FM

THE GOVERNMENT IS closely monitoring the valuation of state-run companies and working on improving their valuation before listing them, finance minister Nirmala Sitharaman said at an event on Wednesday.

Govt may borrow ₹7.5 trillion from market in H1FY25

THE CENTRE IS planning to raise ₹7.5 trillion through market borrowing in the first half (April-September) of 2024-25.

Small is not big for HUL, bucks trend to hive off businesses

Strategy may change in future as competition grows, Say analysts

Rupee nears all-time closing low; RBI steps in

THE RUPEE FELL to 83.45 against the dollar on Wednesday - lower than the all-time closing low of 83.43 on March 22 - as the yearend demand from importers created a shortage of the greenback.

AI may narrow los to ₹7,000 crore in 2nd yr under Tata

Carrier's FY23 loss was at ₹11,381 cr

Baba Kalyani's firm says suit aims to tarnish his image

BHARAT FORGE IN a statement released on Tuesday said the allegations made by Baba Kalyani's nephew, Sameer Hiremath and niece Pallavi Anish Swadi, in a suit filed at a Pune sessions court were false and baseless.

T+0 kicks off with 25 scrips

WITH INDIA LAUNCHING the beta version of the T+0 cycle for 25 stocks, including 10 Nifty stocks from Thursday, it will become the second country in the world after China to do same-day settlement.

Visa, Mastercard Reach $30-bn Swipe-Fee Deal With Retailers

VISAAND MASTERCARD agreed to cap credit-card swipe fees - a deal that US merchants say will save them at least $30 billion over five years in one of the most significant antitrust settlements ever as they seek to end a legal fight that spanned almost two decades.

How Kohli Made A Statement With One Shot When Facing Kagiso Rabada

"I COULDN'T LOOK up because I was just not used to being called my name for two months," Virat Kohli would say about how it took time to get used to the crowd chants after a two-month break out of the country for the birth of his second child.

FCI Wheat Stocks Fall To 16-Year Low

May be closer to buffer of 7.46 MT for April 1