CATEGORIES

Jio Financial Q3 net profit remains flat at ₹295 crore

JIO FINANCIAL SERVICES on Friday reported a consolidated net profit of ₹295 crore for the quarter ended December 31, 2024, which was flat versus ₹294 crore posted in the year-ago period.

Closely monitoring prices, says govt

Inflation in negative zone since July last year

Forex reserves fall to lowest in 10 months

INDIA'S FOREIGN EXCHANGE reserves extended their losing streak for a sixth straight week and stood at a 10-month low of $625.87 billion as of January 10, data from the Reserve Bank of India showed on Friday.

Will Not Attend Trump Inaugural, Says Nvidia CEO

Nvidia's Chief Executive Jensen Huang said on Friday he will not be attending U.S. President-elect Donald Trump's inauguration, but will instead be \"on the road\" celebrating the Lunar New Year with employees and their families.

Aditya Birla jewellery arm aims to reach 100 stores in 3 years: CEO

THE AVERAGE VALUE of purchases at Indriya stores exceeds that of other new entrants in the Indian jewellery market, the company's chief executive officer Sandeep Kohli said.

Awestruck and awesome

SIMATHI MURUGESAN'S PARENTS wanted to clap when she received her award from the President of India at the Rashtrapati Bhavan on Friday.

AI's rise: Progress, power, and ethical peril

Is AI shaping our future or stealing our humanity? This global race for AI supremacy risks sidelining the very essence of what makes us human

EV industry needs better cost structure

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

SBI Life Q3 profit jumps 71% to ₹551 cr

SBI LIFE INSURANCE, the country's largest private life insurer, on Friday posted a 71% year-on-year growth in third-quarter net profit at ₹551 crore led by healthy growth in fresh and renewal premiums.

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).

Mercedes-Benz showcases electric vision

THERE ARE LUXURY cars, and then there is Mercedes-Benz – true to its legacy, India’s largest luxury carmaker focused on top-end vehicles (or TEVs, those priced more than ₹1.5 crore).

FDI in auto sector to grow manifold: PM

FOREIGN DIRECT INVESTMENT (FDI) in India's auto sector will increase manifold in the coming years from $36 billion received in the last four years as efforts are underway to develop the entire ecosystem related to auto manufacturing domestically, Prime Minister Narendra Modi said on Friday.

BMW Launches India-made EV

INDIA'S SECOND-LARGEST LUXURY carmaker BMW launched the made-in-India X1 Long Wheelbase at the Auto Expo on Friday.

Hyundai Rolls Out Mass-Market EV

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices at ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to ₹6,806 crore, slightly above analysts' expectations of ₹6,773 crore.

Jio profit jumps 4.9% to ₹6,861 cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

Ficci lowers FY25 growth forecast to 6.4%

INDUSTRY BODY FICCI on Thursday lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.

Agri & processed food exports grow over 11% to $17.77 bn

Rice Shipments Surge

A Bridge Not So Far

There is a need for a unified platform to link aspiring entrepreneurs with industry stalwarts and mentors

Kalyani siblings spar over Vaghul letters

A FIERCE DISPUTE has erupted between the Baba Kalyani and Hiremath families over letters written by the late N Vaghul in 2012 and 2023, addressing family arrangements and asset division among the Kalyani siblings.

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

RBI Receives Bids Worth ₹30,760 Cr in VRR Auction

● Primary dealers emerged as main participants

Delivery dilemma

Why criticism against q-comm practices is growing

RIL profit up 7.4% on retail, telecom boost

SURPASSES ESTIMATES; O2C BIZ SEES RECOVERY

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

With VRR window open, bond buyback sees limited success

THE RESERVE BANK of India on Thursday conducted a buyback auction of government securities worth ₹30,000 crore and repurchased only ₹9,892 crore of bonds, as banks were unwilling to sell G-Secs at a loss, said traders.