CATEGORIES

Spencer's Retail forays into q-comm with JIFFY

• In Q3FY25, firm narrowed its net loss to ₹47.34 cr

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.

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

LTIMindtree Q3 net profit falls 7.14% to ₹1,085 cr

IT SOLUTIONS PROVIDER LTIMindtree on Thursday reported a 7.14% decline in consolidated net profit to ₹1,085.4 crore in the December quarter of FY25.

4 in 5 professionals looking for a new job in 2025: Study

OVER FOUR IN five (82%) professionals in India are gearing up for a job hunt this year, even as more than half (55%) report that finding a job became tougher in 2024, according to LinkedIn.

Hydrocarbon sector seeks cut in cess & regulatory reforms

The oil and gas industry has sought supportive regulatory reforms to compensate for losses incurred by downstream companies on the sale of auto fuels, and a cut in the cess on crude oil production.

Govt to provide support to startups, domestic investors join growth push

COMMERCE AND INDUSTRY Minister Piyush Goyal on Thursday assured \"excellent\" support to startups and said domestic investors are now also recognising capabilities and the value proposition of investing in these enterprises.

Kirloskar Oil Engines vs Sebi: KBL plea to intervene allowed

KIRLOSKAR BROTHERS (KBL) was granted permission on Thursday to intervene in the Kirloskar Oil Engines (KOEL) versus markets regulator Securities Exchange Board of India (Sebi) case before the Securities Appellate Tribunal (SAT).

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.

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

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

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

Kalyani siblings spar over Vaghul letters

FAMILY FEUD ■ Kalyani siblings are engaged in legal battles regarding division of family assets across various courts ■The Hiremath family is seeking a transfer of Hikal shares based on a family agreement

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

Rice Shipments Surge

RBI Relaxes FEMA Regulations to Boost Cross-Border Trade

TIMES ITS MOVE TO PERFECTION

A bridge not so far

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

Maruti Suzuki Set to Enter EV Era with eVitara Launch

India to Become EV Export Hub for Suzuki, Says Toshihiro

India likely to maintain strong growth in 2025: WEF report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

Apple Breaks Into India's Top Five Smartphone Brands

Apple breaks into India's top five smartphone brands

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

BofA Profit Jumps on Trading Boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

Rural India Extends Lead in Internet Usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

Next fundraise may trim govt holding to below 75%: BOM MD

BANK OF MAHARASHTRA (BoM) on Thursday said the next round of capital raise is expected to bring down the government holding in the lender to below 75%.

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

Partners, not rivals, in delivery ecosystem

The synergistic relationship of GCCs and GSIs will continue to fuel India's technological prowess as it supports the front and back offices of companies

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

Barclays in the fray to take over Apple's credit card business

APPLE IS IN talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

Mumbai Int'l Airport witnesses 6.3% growth in passenger traffic in 2024

MUMBAI INTERNATIONAL AIRPORT logged a 6.3 percent year-on-year growth in passenger traffic at 5.48 crore in 2024, the private airport operator Mumbai International Airport Ltd (MIAL) said on Thursday.

BofA profit jumps on trading boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

8th Pay Commission to be formed, 11.5 mn to benefit

PRIME MINISTER NARENDRA Modi on Thursday approved the setting up of the 8th Pay Commission to recommend the norms for pay and pension increments for 10 years beginning January 2026 for central government employees and pensioners, in a move that would cheer up over 11.5 million people.