CATEGORIES

India to Play Key Role in Global Security: PM

As three frontline vessels were commissioned together into the Indian Navy, a historic first for the country, Prime Minister Narendra Modi said on Wednesday that India is going to play a major role in giving direction to \"global security, economics and geopolitical dynamics\".

IMD turns 150 today

PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD

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.

Pixxel to launch India's first private 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.

PAG Buys Stakes in Manjushree, Pravesha

ASIA PACIFIC-FOCUSED PRIVATE equity firm PAG on Monday announced that it has signed a pact to acquire a stake in Manjushree Technopack, one of the country's largest rigid plastic packaging firms.

WeWork India raises ₹500 cr

CO-WORKING MAJOR WeWork India announced on Monday that it has raised ₹500 crore through a rights issue of securities.

Jio, Yotta, 11 others present AI compute infra plans to MeitY

HIRANANDANI-BACKED YOTTA, TATA Communications, Jio, CtrlS and E2E Networks were among 13 companies that presented their technical presentations before the ministry of electronics and information technology (MeitY) on Monday, to make available the AI compute infrastructure in the country, sources said.

Captain Fresh Narrows Loss, Logs Jump in FY24 Revenue

TIGER GLOBAL-BACKED B2B seafood chain Captain Fresh reduced its net loss by 22% to ₹229 crore in FY24, while growing its topline by almost 70% to ₹1,395 crore.

Dabur vs Tata in Delhi HC over chutney name

FMCG giant Dabur will respond to a notice issued by the Delhi High Court in a trademark infringement case on February 5.

Hiremath seeks a third of Kalyani family fortune

THE FAMILY FEUD between Baba Kalyani, chairman and MD of Bharat Forge, and his sister Sugandha Hiremath has taken a fresh turn with the latter filing a case in the Pune court, seeking a third of the former's family wealth.

E-comm platforms see jump in e-scooter sales

E-COMMERCE PLATFORMS IN India are experiencing unprecedented growth in electric two-wheeler (E2W) sales, albeit from a low base, driven by an omnichannel strategy adopted by both traditional OEMs and new-age EV manufacturers.

Path Cleared for Zepto to Merge Units

NO NEED FOR RBI APPROVAL

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.

IDBI Bank sale may spill over to FY26

THE REGULATORY PROCESSES would take some time, the official added.

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.

December Retail Inflation Cools to Four-Month Low

India's December retail inflation cooled to a four-month low, as food prices eased and core inflation remained subdued. Economists expect further moderation in inflation, paving the way for a potential rate cut in February.

Gaza mediators send final draft of ceasefire to Israel & Hamas

MEDIATORS GAVE ISRAEL and Hamas a final draft of a deal on Monday to end the war in Gaza, an official briefed on the negotiations said, after a midnight \"breakthrough\" in talks attended by envoys of both Joe Biden and Donald Trump.

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.

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.

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.

Biocon's US biz prospects strong

Well-positioned for product approvals and launches

Company is poised for 19% growth in FY2026/27

Company is poised for 19% growth in FY2026/27

Growth Stagnation Continues for Just Dial

Employee efficiency is near its peak, with underinvestment posing a risk to growth

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.

Bond yield logs biggest single-day rise in 7 mths

GOVERNMENT BOND YIELDS marched higher on Monday, with the benchmark yield logging its biggest single-session rise in over seven months, as US Treasury yields continued to rally after robust economic data, while a tumbling rupee also weighed on sentiment.