CATEGORIES

°Wind energy at its peak, With 8 more yrs of growth,

After a financial turnaround ancl achieving a debt-free status' Suzlon Energy is focused on driving financial growth. J P CHALASANI, group chief executive officer of Suzlon, speaks with Jaden Mathew Paul in Mumbai about the prospects ofthe Indian wind energy sector' opportunities in defence and railways, and Suzlon's strategies to maintain its leadership. Edited excerpts:

Adani Infra to pick 30% stake in PSP Projects

Adani Infra (India) Limited has signed a pact to acquire a 30 per cent stake in construction company PSP Projects Limited from its existing promoters for ₹685 crore in an all-cash deal.

Flipkart's BBD lifts Walmart global sales

US-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

4.8mn weddings mean business after lacklustre months

The wedding season is in full swing, and an estimated 4.8 million couples are expected to tie the knot before the year draws to a close.

Meta to appeal against CCI penalty, diktat on data share

Menlo Park (California)-headquartered Meta Platforms on Tuesday opposed the ₹213-crore penalty imposed by the Competition Commission of India (CCI) along with a cease-and-desist directive that clamped down on data-sharing. Meta said it would appeal against the move.

Businesses gasp as Delhi's bad air chokes demand

The rising level of pollution in Delhi and surrounding areas has started affecting businesses in the national capital, with fewer people choosing to visit markets, malls and restaurants.

Rio statement echoes New Delhi declaration on climate financing

GZO leaders call forceaseflre in Gaza and Lebanon, peace in Ukraine

Russia-Ukraine flare-up limits market recovery

Nifty, Sensex end losing streak but give up most of their intraday gains

SME IPOs: Sebi proposes 2x hike in application size

The Securities and Exchange Board of India (Sebi) on Tuesday proposed stiffer listing regulations for small and medium enterprises (SMEs).

DELHI TURNS 'SMOKING' CAPITAL

SC flags 'wrong approach' in enforcing anti-pollution curbs

Farm fires blaze to a 5-yr high in Delhi, Rajasthan

Farm fire incidents in Rajasthan and Delhi have reached their highest levels since 2020, with Rajasthan reporting 2,060 cases and Delhi witnessing 12, according to data from the Indian Agricultural Research Institute (IARI).

Over 370 flights delayed at Delhi Airport

More than 370 flights, including departures and arrivals, were delayed at the Delhi Airport on Monday until 2 pm due to dense fog and pollution.

TAKING NOTE

Did demonetisation hitthe right notes? How cloes it sound eightyears on?

NTPC Green Energy gets a thumbs up from analysts

Opportunityto invest in leading RE player a positive for longterm

Mkts fall on selling in IT, oil shares

Benchmark Sensex declined by 241 points while broader Nifty fell for the seventh session in a row on Monday following a sell-off in IT and oil shares amid unabated foreign fund outflows and weak leads from the US markets.

Sebi orders altGraaf, two other platforms to cease operations

The Securities and Exchange Board of India (Sebi) on Monday issued a \"cease and desist\" order against three online bond platforms operating without registration with the stock exchanges.

MGL, IGL sink up to 20% after cut in priority gas allocation

Shares of city gas distribution (CGD) companies Mahanagar Gas (MGL) and Indraprastha Gas (IGL) plunged up to 20 per cent on the BSE on Monday after the central government further reduced the administered price mechanism (APM) allocation of domestic gas to them.

FPI under-owning gives India moat among EMs: CLSA MD

In a world less friendly for emerging markets (EMs), there is a case to up India's weight, CLSA's Managing Director and Chief Equity Strategist Alexander Redman said on Monday, asserting that the relative under-ownership of Indian equities by foreign investors gives the country an edge over its EM peers.

Aluminium stocks soar on China's tax rebate cut

The shares of aluminium manufacturers rallied on Monday on the back of a sharp rise in the price of the lightweight metal over the weekend, following China's announcement that it will withdraw export tax rebate for the commodity.

Defence a key growth driver for Bharat Forge

Auto component major Bharat Forge's second quarter performance (Q2FY25) was lower than consensus estimates.

Over 50% Nifty stocks face 200-DMA cliff

27 of Nifty 50 stocks trading below crucial technical threshold, signalling weakness ahead

FPI norm violation case: Emerging India Focus Funds settles matter with Sebi

Emerging India Focus Funds, a foreign portfolio investor (FPI), has settled a matter related to alleged violations of FPI norms with the Securities and Exchange Board of India (Sebi) for ₹64.35 lakh.

Where on earth are we going?

In times like these, it can be hard to know which way is up. But it's always been a subject of debate: For the 16th-century cartographer Juan de la Cosa, the top of the map was west, in the direction of his first voyage with Christopher Columbus. Nearly 500 years later, Stuart McArthur of Melbourne, Australia, produced a map with a southward orientation; when his teacher reprimanded him, he held his ground, finally publishing his upside-down map in 1979. \"East is East, and West is West,\" as Kipling had it—but where does the one start and the other end?

The power to reform

Tariffs remain the key issue

Rethinking suspension

Futures trading is not a source of inflation

Reorient industrial policy

The New Industrial Policy should be a joint effort by the Union and state govts, one that is market-friendly rather than business-friendly

Global proxy advisory firms are feeling uneasy

One half of America is celebrating Donald Trump's election, while just about the other half bemoans his win.

Country Garden submits debt rejig plan to creditors

China's Country Garden submitted the preliminary terms of an offshore debt restructuring proposal to some creditors late last month and lowered its cash flow projection, said sources, as the struggling property developer looks to avoid liquidation.

China population set for 51 million dropas pro-birth moves fail

China's population is expected to shrink by 51 million—more than the size of California—over the next decade as policymakers struggle to reverse the country's falling birth rate, according to Bloomberg Intelligence.

HOW Blues/cy, alternative to X cmd Facebook, is handling explosive growth

In February2023, a half-dozen techies introduced a social network prototype in an invitation-only launch. They deliberately debuted their creation, Bluesky, with little fanfare so that they could closely manage its growth.