CATEGORIES

'Crop, motor, health and commercial to equally contribute to portfolio by FY26'

OUR FOCUS ON THE CROP INSURANCE SEGMENT WILL REMAIN STRONG AS IT IS A KEY GOVERNMENT SCHEME SUPPORTING FARMERS

Tata Capital listing hopes drive shares of group companies

At ₹900 a share, the unlisted market is valuing the company at ₹3.5 lakh crore

Lokpal calls Sebi chief, complainants for 'oral hearing' on January 28

ANTI-CORRUPTION OMBUDSMAN LOKPAL has called Sebi chief Madhabi Puri Buch and also complainants, including TMC MP Mahua Moitra, for \"oral hearing\" next month in connection with corruption complaints being heard by it, alleging impropriety and conflict of interest on the basis of a Hindenburg Research report, according to an official order.

Deposit mobilisation, rate cut key challenges: Indian Bank MD

THE BANKING INDUSTRY will continue to struggle with deposit mobilisation, maintaining a healthy current account savings account (CASA) ratio and a possible fall in net interest income after reduction in policy rates, said Shanti Lal Jain, MD and CEO of Indian Bank.

Rupee hits record closing low for 6th straight session

FREE FALL CONTINUES

Cashify eyes growth with D2C play

REFURBISHED ELECTRONICS SELLER Cashify has rejigged its business model to focus on selling directly to consumers through its physical stores and website, rather than selling to merchants, to improve margins and turn profitable in the next few months.

Swiggy targets 100K female delivery partners by 2030

Swiggy plans to have at least 100,000 female delivery partners by 2030, according to company MD and group CEO Sriharsha Majety.

SaaS firm LeadSquared looks to turn profitable by FY26

LEADSQUARED, a Bengaluru-based SaaS unicorn, is setting its sights on profitability by FY26, despite past challenges stemming from the downturn in the edtech sector.

Rise in active mobile users indicates tariff hike absorption

THE INDUSTRYWIDE addition of 6.8 million active users in October 2024 suggests that the industry has more or less absorbed the tariff hikes taken in July this year, experts said analysing the latest telecom subscriber data released by the Telecom Regulatory Authority of India (Trai).

Ola enters grocery delivery biz again

BHAVISH AGGARWAL-LED OLA has announced its entry into the quick delivery space for groceries with \"Ola Grocery\". In a social media post, the firm said the service is live across India.

inDrive eyes last-mile delivery

Plans to leverage logistics expertise

Gift voucher: Clarity on GST spurs optimism

THE GST COUNCIL'S decision to exempt gift vouchers from indirect taxation has brought much-needed clarity to the retail and corporate sectors, with industry leaders lauding it as a significant step forward.

IndiQube files draft papers for ₹850-cr IPO

BENGALURU-BASED INDIQUBE, which provides co-working and managed office spaces, has filed its draft papers with the regulator for an initial public offering to raise ₹850 crore.

Coforge working on 30 GenAI use cases in insurance, 10 live

IT SERVICES COMPANY Coforge is actively working on over 30 generative AI (GenAI) use cases within its insurance vertical, with 10 already in production.

Logistics leasing to hit 50 mn sq ft

LOGISTICS & INDUSTRIAL (L&I) real estate leasing volume for 2024 is expected to reach 50-53 million square feet (MSF), marking the third consecutive year with leasing volume exceeding 50 million sq ft, according to a report by property consultant Cushman & Wakefield.

Emerging tech sectors stake claim on 600 MHz spectrum

Allocation should not be beyond a point, say telcos

Happiest Minds sees slower FY25 revenue growth

HAPPIEST MINDS TECHNOLOGIES anticipates its revenue growth for fiscal 2025 to be at the lower end of the guided range of 30-35%, Venkatraman Narayanan, managing director and CFO of the company said.

Duty-free import of yellow peas till Feb

The government on Tuesday extended duty-free import of yellow peas, used as substitute of chana, for two more months till the end of February, with the aim to curb prices of the key pulses variety.

Exporters draw up plans to raise share in US market

IN ANTICIPATION OF the US going ahead with higher tariffs on Chinese imports, the Federation of Indian Export Organisations (FIEO) has formulated a strategy to raise its share in the US market.

Laptop import nods may be tied to capacity growth

TO REDUCE IMPORT dependence and boost domestic manufacturing of laptops and other IT hardware items, the Union government may link import permissions to domestic capacity expansion going forward, it has been learnt.

Kirana body seeks technology support for e-comm challenge

THE FEDERATION OF Retailer Association of India on Tuesday asked the government to provide enhanced technology platform to Kirana stores to enable them to compete with quick commerce firms.

Unincorporated sector generates 11 mn jobs

SMALL FIRMS MAKE BIG CONTRIBUTION

Household liabilities rise to 6.4% of GDP in FY24

THE COUNTRY'S ECONOMIC growth trajectory will likely pick up in the second half of the current financial year, driven by domestic private consumption and a sustained revival of rural demand, the Reserve Bank of India (RBI) said in its monthly bulletin released on Tuesday.

Mining sector gets a leg-up, import reliance down

FUELLING GROWTH

Rabi sowing a tad below last year's level; oilseed cultivation down 5.5%

WITH JUST A few weeks left for the rabi season to be over, sowing of winter crops such as wheat, pulses, oilseeds, and coarse cereals has been a tad below last year's level so far as the area under oilseeds have declined.

The year AI took centrestage

The debate if it is a blessing or a Frankenstein rages on

Shyam Benegal, pioneer of parallel cinema, dies

JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.

Honda, Nissan on merger road

SMALLER MITSUBISHI MOTORS, in which Nissan is top shareholder, was also considering joining and would make a decision by the end of January, the companies said.

Toyota-Suzuki pact should be the template in India

ANALYSTS SAID THAT for the Indian market, auto firms can't afford to be just in segments like petrol and diesel.

For IT firms, it's a mixed blessing

\"DESPITE CURRENCY PRESSURES, the sector's growth is underpinned by strong demand, particularly in cloud and AI-driven transformation projects,\" said an industry analyst.