CATEGORIES

Hero Moto net up 5.6% on high rural demand

Country's biggest two-wheeler maker Hero MotoCorp on Thursday reported a 5.6 per cent year-on-year (Y-o-Y) jump in its net profit and an impressive 10 per cent growth in its consolidated revenues during the second quarter of financial year 2025 (Q2FY25), a telltale sign of rising demand in rural areas.

Concerns about new audit norms misplaced: NFRA

Worries about audit getting concentrated in the hands of a few big firms owing to revision in auditing standards with respect to group companies are not justified, National Financial Reporting Authority (NFRA) Chairperson Ajay Bhushan Pandey told Business Standard.

15 mths after DPDP Act, rules to be out

The Ministry of Electronics and Information Technology (Meity) is learnt to be ready with the much-awaited rules of the Digital Personal Data Protection (DPDP) Act after multiple re-drafts over the past several months.

Exports surge 17% in Oct, fastest pace in 28 months

Trade deficit widens to $27 bn as imports hit a high

Agro Tech Foods buys Bharti group's Del Monte Foods in ₹1,300 cr deal

Agro Tech Foods (ATFL), the maker of ACT II popcorn, on Thursday announced the 100 per cent acquisition of Del Monte Foods (DMFPL), a joint venture between the Bharti Group (59.29 per cent stake) and Del Monte Pacific Limited (DMPL), which owns 40.71 per cent.

India to step on to global fashion runway

Country's luxury retail market sales set to rise by 15-20% in 2025: McKinsey survey

Qcom firms flouting domestic laws: CAIT

Top 3 companies got ₹54K cr FDI but used only ₹1.3K cr lawfully

AI may create 2.73 mn jobs in India by 2028

Amid intense debates over artificial intelligence (AI) and generative AI (GenAI) causing job loss going forward, a study by ServiceNow, in collaboration with Pearson, has projected that AI could actually drive employment growth, creating an estimated 2.73 million jobs in India by 2028.

Child insurance: Waiver of premium can help secure education goal

Vineet Kumar (name changed on request), a 32-year-old Faridabad-based advertising executive, is the father of a one-year-old. While he finds fatherhood fulfilling, he admits to certain anxieties. \"I do sometimes worry about what would happen to my child if I am not around,\" says Kumar.

More appetite for Swiggy than Zomato in long term

Brokerages bullish on its shares, give 'buy' rating to stock

F&O segment gets 45 additions

The stock exchanges on Wednesday announced the addition of 45 stocks in the new list of scrips eligible for trading in the futures and options (F&O) segment, including Zomato, Jio Financial, Paytm, Delhivery, and Avenue Supermarts.

Expansion, operational gains a positive for Hindalco

Consolidated net sales of Hindalco Industries stood at ₹58,200 crore, up 7 per cent year on year (Y-o-Y) and 2 per cent quarter on quarter (Q-o-Q) in the second quarter of the current financial year (Q2FY25), with better realisations and efficiencies in India.

Market regulator bats for easing angel fund norms

Market regulator Securities and Exchange Board of India (Sebi) may soon allow angel funds to expand the scope of investors by including Hindu undivided families (HUFs), family trusts, and sole proprietorships, among others.

Sebi takes up review of custodian norms

Capital market regulator Securities and Exchange Board of India (Sebi) has proposed measures to ease operations and compliance by custodians — entities which manage foreign portfolio investors (FPIs).

FMCG sector's defensive cloak feels tear of market forces

The fast-moving consumer goods (FMCG) sector is losing its status as a defensive sector.

Sebi mulls action for lapses in AI usage

The Securities and Exchange Board of India (Sebi) on Wednesday proposed norms to specify responsibilities on its registered entities like mutual funds, stock brokers and market infrastructure institutions (MIIs) for the use of artificial intelligence (AI) and machine learning (ML) tools.

FPI-FDI transition to give overseas funds more elbow room

To pave way for higher exposure to startups, midsized firms

WHAT'S COOKING IN KHARIF?

As the harvest gains momentum in this season of high food inflation, what's in store for crop prices?

10 flights diverted at Delhi airport as smog blankets city

National capital's AQI hits 'severe' for 1st time this season

Israel-Palestine: Two people, one state

More than a year since it began, the latest assault on the Palestinian people by the Israeli Defence Forces continues unabated and has since engulfed four neighbouring countries.

Inflation and growth

Demand slowdown can increase policy complexity

Delivering returns

Swiggy will have to convert growth into profitability

The elusive concept of cooperative federalism

Much as India desires the existence of cooperative federalism, what it often witnesses is competition

The fleeting glamour of Indian aviation

On November 7, the Supreme Court passed an order liquidating Jet Airways, three decades after it took wing and raised the bar on service standards in domestic aviation.

Trump, Biden discuss power transfer in White House meet

President-elect Donald Trump returned to the White House on Wednesday for the first time since winning last week's election and sat down for talks about the looming transfer of power with longtime political rival President Joe Biden.

Abu Dhabi's $1 trillion fund rejigs strategy to speed up deals

Abu Dhabi's $1 trillion wealth fund is embracing a more scientific approach to investing, leaning more on its own quant team to speed up decision-making as it seeks to bolster returns.

Seven & i mulls going private in $58 bn buyout, Japan's biggest

Seven & i Holdings is considering a management buyout to take itself private with funding from banks, Itochu Corp and the founding Ito family in a transaction that could be worth around ¥9 trillion ($58 billion), people with knowledge of the matter said.

Musk, Ramaswamy in Trump's lineup

Duo will lead new Department of Government Efficiency tasked with eliminating fraud, improper payments

Nvidia's new AI chip gets its first customer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia's latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence (AI) boom.

Fed may proceed with caution as US inflation rises to 2.6% in October

A measure of underlying US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price pressures fully under control.