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Fast food chains may see weak Q3
DULL DAYS AHEAD
Wonderchef turns profitable in FY24
Firm planning IPO in next 12-18 months
Adani's 5G bet in limbo after DoT penalties
THE ADANI GROUP'S telecom arm, Adani Data Networks, has been penalised by the telecom department at least twice since last year for not utilising its 5G spectrum so far and falling short of its minimum rollout obligations.
CEAT, HUL facilities join WEF's Global Lighthouse Network
TWO INDIA-BASED facilities of tyre maker CEAT and FMCG major Hindustan Unilever Ltd have joined the Global Lighthouse Network of the World Economic Forum for transforming manufacturing through innovation.
AM Green-DP World to supply green fuel
RENEWABLE ENERGY COMPANY AM Green has partnered with global logistics giant DP World to establish a supply chain for green fuels and chemicals.
Zuckerberg's LS poll remarks: India to summon Meta officials
THE PARLIAMENTARY STANDING committee on communications and information technology will summon Meta officials over Mark Zuckerberg's recent statement about India, panel chairman and BJP MP Nishikant Dubey has said.
Ministry May Seek Interest Subsidy Scheme Relaunch
THE MINISTRY OF commerce and industry may seek the relaunch of the interest subsidy scheme for exporters in its original form in the upcoming Budget as the exporters face rising uncertainty in view of recent pronouncements of US President-elect Donald Trump.
National Turmeric Board Opened to Boost Output
The government on Tuesday launched the National Turmeric Board to drive its efforts towards doubling the production and increasing exports of the spice in the next five years to 2 million tonne.
US sanctions: No threat to oil supply, but costs may rise
Nearly 15% of Indian imports of Russian crude expected to be hit
Adani arm top bidder for NHAI's TOT assets
ADANI ROAD TRANSPORT has emerged as the highest bidder for the latest highway assets of the National Highways Authority of India (NHAI) that have been offered for monetisation through the toll-operate-transfer (TOT) mode.
Rajeshwar Rao gets monetary policy in RBI portfolio rejig
IN A MAJOR reshuffle of portfolios of deputy governors
Davos to Welcome Trump Virtually
Opening of WEF meet coincides with Trump's return to White House
Maha Kumbh: 16 mn take holy dip
THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for 'moksha' and the belief it will wash away their sins.
IMD turns 150 today
PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD
Pixxel to Launch India's First Pvt Satellite Network
PIXXEL IS SET to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.
Rupee sinks 61 paise; sharpest dip in 2 years
THE GEOPOLITICAL TENSIONS in West Asia, fresh US sanctions on Russia, and the ongoing Russia-Ukraine conflict are also contributing to the rise in Brent crude prices, which cannot be ignored, as it will impact the fiscal math for India and have impact on rupee, he added.
December Retail Inflation Cools to Four-Month Low
December retail inflation cooled to a four-month low, as food inflation dropped to a three-month low of 8.39% and core inflation remained subdued at 3.6%. Economists expect inflationary pressures to continue easing due to robust agricultural output and subdued global commodity prices.
UP govt looks to privatize two of five power discoms
PUVVNL reported a loss of ₹6,610 crore in FY23 against a loss of ₹594 crore in FY22, as per PFC data.
In Kashmir, Modi Assures All Promises Will Be Fulfilled
PRIME MINISTER NARENDRA Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by chief minister Omar Abdullah.
Tesla Beats Audi in Global Car Sales for the First Time
TESLA SURPASSED ONE of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.
Ahead of Trump return, Chinese trade surplus soars to $1 trn
CHINA ANNOUNCED ON Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country's own businesses and households spent cautiously on imports.
Prioritise AI funding: OpenAI to US
MOVE WILL MAINTAIN A BLOCK ON EXPORTS TO RUSSIA, IRAN AND N KOREA
J&J Set to Acquire Intra-Cellular in $14.6 Billion Deal
JOHNSON & JOHNSON said on Monday it will buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in at least two years, boosting its presence in the market for brain disease treatments.
Growth Stagnation Continues for Just Dial
● Employee efficiency is near its peak, with underinvestment posing a risk to growth
Dmart: Maintaining cautious outlook
DMART reported 17.7% y-o-y revenue growth for Q3FY25, driven by a 13.5% y-o-y expansion in retail area and a 3.6% y-o-y increase in average throughput.
Biocon's US biz prospects strong
Well-positioned for product approvals and launches
The tortuous normalisation
BEIJING'S 'ILLEGAL, COERCIVE, AGGRESSIVE AND DECEPTIVE' STRATEGY WILL TEST NEW DELHI
For Spending Efficiency
Subsidy reforms need a fresh push, open-ended sops are irrational
Building a cyber-resilient India in the AI era
As AI becomes more integrated into business and daily life, the need for robust cybersecurity measures becomes an imperative for the country
Don't bank on your banking job outlasting AI
OVER THE PAST few months, I've had occasion to speak at a number of conferences concerned with the impact of artificial intelligence on financial jobs.