CATEGORIES

Lock-up on ₹1.2 trn pre-IPO shares to lift in two months
Business Standard

Lock-up on ₹1.2 trn pre-IPO shares to lift in two months

Lock-up on shares worth nearly ₹1.2 trillion ($14 billion) belonging to 50 companies will end between now and January 31, said Nuvama Institutional Equities in a note.

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1 min  |
November 30, 2024
Margin moderation may cap upsides for Colgate
Business Standard

Margin moderation may cap upsides for Colgate

After gaining over 15 per cent in the first half of the week, the stock of oral care major Colgate-Palmolive (India) has shed about a third of those gains.

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2 mins  |
November 30, 2024
Business Standard

Indian stock market may be bottoming out: Chris Wood

The Indian stock market is possibly bottoming out after the sharp correction seen in the last few weeks, believes Christopher Wood (pictured), global head of equity strategy at Jefferies.

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1 min  |
November 30, 2024
QIP fundraising tops ₹1 trn in 2024
Business Standard

QIP fundraising tops ₹1 trn in 2024

MONEY MATTERS

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1 min  |
November 30, 2024
Markets gain 1%, driven by RIL, Airtel
Business Standard

Markets gain 1%, driven by RIL, Airtel

Benchmark indices rose 1 per cent on Friday driven by gains in index heavyweight Reliance Industries Ltd (RIL) and telecom major Bharti Airtel.

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1 min  |
November 30, 2024
Zomato raises ₹8.5K cr via QIP, expansion on menu
Business Standard

Zomato raises ₹8.5K cr via QIP, expansion on menu

Funding was led by Motilal Oswal and ICICI Prudential

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2 mins  |
November 30, 2024
Second-time unlucky
Business Standard

Second-time unlucky

The world has greeted the prospect of a second Donald Trump presidency with a shrug.

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3 mins  |
November 30, 2024
Business Standard

Earth or Mars?

What is that venture capitalist meeting look like? 'So, Elon, what do you want to do?' 'I want to go to Mars.' 'How much will it cost?' '$1 trillion.' 'Is it safe?' 'No. People will probably die.' 'What's the return on the investment?' 'Nothing.'

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3 mins  |
November 30, 2024
Why India shouldn't go to Pakistan
Business Standard

Why India shouldn't go to Pakistan

Broken cricket relationships in the subcontinent aren't about any disputes over the game, nor Hindu-Muslim issues. They are about the state of the nations, and what goes on between them

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5 mins  |
November 30, 2024
Trump's risky playbook
Business Standard

Trump's risky playbook

Imagine a large country where national debt has grown from around 100 per cent of gross domestic product (GDP) in 2020 to 125 per cent of GDP in 2024.

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3 mins  |
November 30, 2024
Trump's return is an opportunity for India
Business Standard

Trump's return is an opportunity for India

It might be tempting to assume that Donald Trump's return to the White House augurs stability in US-India relations.

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3 mins  |
November 30, 2024
Crypto's $1trn rally has yet to reprise pandemic-era mania
Business Standard

Crypto's $1trn rally has yet to reprise pandemic-era mania

Controversial crypto mogul Justin Sun beamed as he ate a $6.2 million banana in Hong Kong, a spectacle that ratcheted up the spotlight on digital assets as the industry tries to keep an historic market rally on track.

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2 mins  |
November 30, 2024
British MPs back proposal to legalise assisted dying
Business Standard

British MPs back proposal to legalise assisted dying

The UK House of Commons voted in favour of a landmark bill to legalise assisted dying, potentially putting England and Wales on track to a fundamental social reform that's largely supported by the British public.

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1 min  |
November 30, 2024
Business Standard

Boeing's new CEO limits jet trips in show of austerity

For members of the Boeing Co's executive council, catching a ride on the company's corporate jets has long been a cherished perk of the job.

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1 min  |
November 30, 2024
Business Standard

Canada sues Google over anti-competitive practices

Canada's antitrust watchdog said Thursday it is suing Google over alleged anti-competitive conduct in the tech giant's online advertising business and wants the company to sell off two of its ad tech services and pay a penalty.

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1 min  |
November 30, 2024
Big Tech says Australia 'rushed' ban
Business Standard

Big Tech says Australia 'rushed' ban

Meta: Law that bars those under 16 from social media was predetermined

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2 mins  |
November 30, 2024
Boost credit flow to allied agri activities: FM to RRBs
Business Standard

Boost credit flow to allied agri activities: FM to RRBs

Union Finance Minister Nirmala Sitharaman on Friday directed regional rural banks (RRBs) to increase their share in ground-level agriculture credit disbursement with special focus on allied agriculture activities like dairy, animal husbandry, fisheries.

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1 min  |
November 30, 2024
Business Standard

GST Council has turned into a rate-cutting panel: Ex-CEA

The Goods and Services Tax (GST) Council has turned into a \"rate cutting panel\", former chief economic adviser (CEA) Arvind Subramanian said on Friday while suggesting that the council should instead consider jacking up the rates, which would boost the revenue and reduce the need for renewing the compensation cess.

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1 min  |
November 30, 2024
Business Standard

New GDP, CPI series from Feb 2026: Mospi

The revised base years for the national accounts—which includes GDP—and other macro-indicators like consumer price index (CPI) are expected to come into effect from February 2026, a top government official said on Friday.

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1 min  |
November 30, 2024
Hinduja Leyland Finance eyes $300-500 mn via debut $ bonds
Business Standard

Hinduja Leyland Finance eyes $300-500 mn via debut $ bonds

Hinduja Leyland Finance, the financial services arm of Ashok Leyland, is planning to raise $300-500 million via debut issuance of dollar bonds by the end of the current financial year (FY25), its Managing Director & CEO Sachin Pillai said on Friday.

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1 min  |
November 30, 2024
Forex reserves fall $48 bn in 2 months
Business Standard

Forex reserves fall $48 bn in 2 months

India's foreign exchange reserves have declined $48 billion in the past two months (since September 27) as the Reserve Bank of India (RBI) intervened in the forex market to protect the domestic currency from depreciating sharply against the dollar.

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1 min  |
November 30, 2024
Business Standard

Core sector growth at 3-mnth high

But remains subdued at 3.1% in Oct

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1 min  |
November 30, 2024
'Samsung, Hyundai looking at Indian shipbuilding industry'
Business Standard

'Samsung, Hyundai looking at Indian shipbuilding industry'

Union Minister for Shipping, Ports and Waterways SARBANDA SONOWAL is one of the few ministers in the Modi 3.0 Cabinet to have the same portfolio as that in the 2019-24 government. From bolstering Make in India in shipbuilding to reviving decades-old legislation in ports, Sonowal is opening up the Indian seas and ports to the world. In an interview with Dhruvaksh Saha and Shreya Jai in New Delhi, he talks of about the ministry's plans. Edited excerpts:

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3 mins  |
November 30, 2024
Growth slowdown cyclical or policy-driven?
Business Standard

Growth slowdown cyclical or policy-driven?

India's real gross domestic product (GDP) growth stood at a seven-quarter low of 5.4 per cent in the second quarter of 2024-25 (Q2FY25), well below India's potential GDP growth of 7-7.5 per cent.

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3 mins  |
November 30, 2024
India Inc pins recovery hopes on H2FY25
Business Standard

India Inc pins recovery hopes on H2FY25

Despite a sharper than expected slowdown in India's GDP growth during the second quarter of financial year 2025 (Q2FY25) to 5.4 per cent, leaders of India Inc. remained optimistic about a recovery in growth in the remaining second half of the year, which ends in March 2025.

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2 mins  |
November 30, 2024
Business Standard

RBI rate cut in Dec? Unlikely, say experts

Despite gross domestic product (GDP) growth being lower than expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review meeting scheduled for next week due to high inflation in October, according to experts.

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2 mins  |
November 30, 2024
Agri GVA stands out on strong monsoon
Business Standard

Agri GVA stands out on strong monsoon

Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon.

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1 min  |
November 30, 2024
Business Standard

Disappointing but not alarming: CEA

India's second-quarter GDP growth rate of 5.4 per cent is disappointing, but there is no reason to be alarmed as the economy has many bright spots, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Friday.

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1 min  |
November 30, 2024
Govt capex drags down growth in investment
Business Standard

Govt capex drags down growth in investment

MODERATE SHOWING

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2 mins  |
November 30, 2024
Business Standard

SC stays amendments to dilute rights of minority shareholders

The Supreme Court on Friday barred Byju's subsidiary Aakash Educational Services from implementing a resolution to amend its Articles of Association (AOA) passed at its of Association (AOA) passed at its extraordinary general meeting (EGM).

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1 min  |
November 30, 2024