CATEGORIES

Telcos comply with DoT order on int'l operators

Indian telecom operators have complied with the Department of Telecommunications' (DoT's) order to block traffic from 20 international operators which were repeatedly sending spoofed calls to India, the DoT said on Friday.

Firms may take 2nd shot at IPO jackpot

Mkt buoyancy spurs listing rush; 7 refile DRHPs since Sep

SC stays ruling favouring Tiger Global in Flipkart deal

The Supreme Court (SC) on Friday issued a stay order on the Delhi High Court judgment in favour of Tiger Global International III Holdings, a Mauritius-based investment entity, in a case involving the sale of its stake in Flipkart Singapore to Walmart in 2018 for over ₹14,500 crore, thus generating capital gains in India.

Humble CEOs are recalled fondly

Mahmud of Ghazni is remembered for depravLity and wars. Apparently, he had a Hindu army division, which he used to fight rebel Muslims, as during the capture of the Zarang fort in 1003 CE.

India sees 2nd-highest mobile downloads of GenAI apps in '24

India has become the second in the world in terms of downloads of generative artificial intelligence (GenAI) apps on mobile (Apple iOS and Google Play), lagging only behind the US, in calendar year 2024 (CY24), according to data from Sensor Tower, which monitors app trends across the globe.

BoJ raises interest rates to highest level in 17 yrs

The Bank of Japan (Bo.J) raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2 per cent target.

Ola, Uber deny allegations of fare disparity

Cab aggregators Ola and Uber on Friday told the Central Consumer Protection Authority (CCPA) that they follow a uniform pricing policy and don't differentiate between consumers using iPhone or Android phones.

Echoes of the 1980s

\"Brezhnev Afghanistan, took Begin took Beirut and Galtieri took the Union Jack\". Circa 1983, Roger Waters offered some incisive commentary on the geopolitical fun and games of the '80s.

The end of progress?

Thirty-five years ago, the world experienced an epochal change with the collapse of European communism.

JSW Steel net plummets 70% on lower steel prices

JSW Steel on Friday reported a 70.3 per cent year-on-year (y-o-y) decline in consolidated profit to ₹717 crore for the October-December quarter (Q3FY25) on lower steel prices.

SAT upholds Sebi’s order against Traffik ITS Tech

The Securities Appellate Tribunals (SAT) on Friday upheld an order passed by the Securities and Exchange Board of India (Sebi) against Trafiksol ITS Technologies, a traffic solution provider.

UltraTech targets raised after strong Q3

Although UltraTech Cement's results for the December quarter were not an improvement compared to the current financial year (Q3FY25) of the current fiscal, the company managed to surpass street expectations.

LTIMindtree appoints Venugopal Lambu CEO

India's sixth-largest information technology (IT) services firm LTIMindtree on Friday announced that its board had approved the appointment of Venugopal Lambu as chief executive officer (CEO designate) and whole-time director based out of London with immediate effect.

Private sector activity slows to 14-month low: Flash PMI data

India’s private sector output grew at its slowest since November 2023 as the pace of new business intake softened in the services sector, which in turn offset the robust growth seen in the manufacturing sector during the month, according to the HSBC Purchasing Managers’ Index (PMI) survey released Friday.

Leaders at Davos hail 'constructive optimism' despite divisions

European Central Bank President Christine Lagarde responded to US President Donald Trump's accusation of unfair trade treatment by EU by calling for negotiations and mutual respect

India & US: A study in sartorial contrasts

The most interestingly dressed person at Donald Trump's depressing second swearing-in ceremony earlier this week was Democratic Senator John Fetterman, who attended in shorts, hoodie and sneakers, oblivious to the sub-zero temperatures that brought the event inside the Capitol for only the second time in 40 years.

Torrent profit rises 14% on strong India biz

Torrent Pharma on Friday reported a 14 per cent year-on-year (Y-o-Y) rise in profit after tax (PAT) for the third quarter of the financial year 2024 to ₹503 crore, riding on strong consolidated turnover.

Middle class & Modi love

The Indian middle class seethes at the growing phenomenon of political parties taking their tax money and showering benefits on the more numerous poorer classes to buy votes

Odisha fiscally healthiest; Punjab, AP, WB laggards: NITI Aayog report

Serious concern on debt sustainability in West Bengal, Punjab, says report

₹ decline weighs on IndiGo earnings

Grounded planes another reason for netfalling over 18%

Coldplay, Kumbh drive travel interest

The Republic Day (R-Day) weekend is becoming important for travel, as British rock band Coldplay lights up the stage in Ahmedabad and the Maha Kumbh Mela sees devotees flock in droves to Prayagraj.

Top publishers file copyright suit against OpenAI in Delhi

Indian book publishers and their international counterparts have filed a copyright lawsuit against OpenAI in New Delhi, a representative said on Friday.

DLF profit up 61% at ₹1,058 cr

Realty major DLF on Friday reported a 61 per cent year-on-year (Y-o-Y) increase in its consolidated net profit for the third quarter of the current financial year (Q3FY25) at ₹1,058.73 crore, up from ₹655.71 reported in Q3FY24.

Zetwerk brings in new leadership for IPO prep

Zetwerk Manufacturing has hired industry veterans to lead its electronics manufacturing services (EMS) division, a move which will help the firm as it plans to hit the primary market by the end of this year.

World’s largest data centre may come up in Jamnagar

RIL likely to build centre with 3-gigawatt capacity

Multiplex chains expect occupancy blockbuster

India's multiplex chains are anticipating higher occupancy rates this Republic Day (R-Day) weekend, betting on Akshay Kumar-starrer _Sky Force_, a patriotic-themed action movie based on real-life events.

DRL's cancer drug a bitter pill for growth

Analysts divided on firm's prospects after 'Revlimid' sales decline

Delays in civic polls put spotlight on ‘weak’ state election commissions

According to survey, 61% of urban local bodies saw delayed civic elections

Run the numbers, then do qualitative checks

The Securities and Exchange Board of India (Sebi) recently issued a circular directing mutual fund houses to disclose the information ratio, a measure of risk-adjusted return, for all equity-oriented schemes.

Stock correction caps downside for BPCL

Bharat Petroleum Corporation Limited's (BPCL's) financial performance during the third quarter of financial year 2025 (Q3FY25) was largely in line with market expectations. Weaker refining performance was offset by strong marketing margins.