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Business Standard

NTPC, ONGC join hands to promote new energy sector

Leading public sector undertakings (PSUs) NTPC Limited and Oil and Natural Gas Corporation (ONGC) on Monday announced the formation of a 50:50 joint venture company (JVC) to further promote their interests in the renewable and new energy arena.

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1 min  |
November 05, 2024
Adoption of new audit rules on agenda
Business Standard

Adoption of new audit rules on agenda

The next board meeting of the National Financial Reporting Authority (NFRA) will be held on November 11-12.

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1 min  |
November 05, 2024
Manufacturing PMI edges up in October on sales, new orders
Business Standard

Manufacturing PMI edges up in October on sales, new orders

After an eight-month low, growth in India's manufacturing sector revived at the turn of the third quarter of the current financial year as output accelerated, driven by faster increases in total new orders and international sales, according to a private business survey released on Monday.

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1 min  |
November 05, 2024
Govt introduces royalty rates for key minerals
Business Standard

Govt introduces royalty rates for key minerals

Move comes ahead of the first offshore mineral auction

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2 mins  |
November 05, 2024
Business Standard

JC Flowers ARC seeks bids to sell ₹2,613 cr of loans

JC Flowers Asset Reconstruction Company, acting as a trustee of JCF YES Trust, is seeking bids to sell ₹2,613 crore of outstanding retail and SME loans through a Swiss auction, which has been prompted by an anchor bid of ₹237.5 crore.

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1 min  |
November 05, 2024
Business Standard

B'desh fast-tracks payment to Adani

Bangladesh is accelerating payment of more than $800 million it owes Adani Power ahead of a November 7 deadline set by the firm, which has cut electricity exports to Bangladesh by more than half, two senior government officials said.

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1 min  |
November 05, 2024
On a high: John Distilleries mulls ₹600 crore plant in Karnataka
Business Standard

On a high: John Distilleries mulls ₹600 crore plant in Karnataka

Bengaluru-based John Distilleries Limited (JDL) is considering a 30-acre plant in Karnataka with an investment of about ₹600 crore, following the expansion of its Goa facility.

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2 mins  |
November 05, 2024
Business Standard

Bharti Telecom raises ₹11,150 crore via bonds

Company to use the proceeds for investing

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2 mins  |
November 05, 2024
Swiggy eyes 100 mn users, each ordering 15 times a month
Business Standard

Swiggy eyes 100 mn users, each ordering 15 times a month

Food delivery giant anticipates strong growth in next decade

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3 mins  |
November 05, 2024
Maruti targets 2x exports by end of decade
Business Standard

Maruti targets 2x exports by end of decade

EVs to play a key role in touching 800K mark in export by FY31

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2 mins  |
November 05, 2024
Business Standard

Analysts cautious after Sun Pharma drug launch hits legal hurdle in US

Sun Pharma's plans to launch Leqselvi, a drug for alopecia areata, in the US have been put on hold after a court there granted a preliminary injunction in favor of Incyte Corporation.

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1 min  |
November 05, 2024
2W sales soar in October; TVS, Hero lead the charge
Business Standard

2W sales soar in October; TVS, Hero lead the charge

Festival demand boosts domestic sales by up to 26%; Bajaj figures decline

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2 mins  |
November 05, 2024
India Inc sends mixed signals on H2FY25 capex path
Business Standard

India Inc sends mixed signals on H2FY25 capex path

MUTED PLANS

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2 mins  |
November 05, 2024
Business Standard

Sensex trailing P/E falls to 12-mth low

The latest correction in the Indian markets has led to a sharp decline in equity valuations in the country.

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2 mins  |
November 05, 2024
Reliance Jio IPO set for 2025, could be India's biggest
Business Standard

Reliance Jio IPO set for 2025, could be India's biggest

Billionaire Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion, and plans to launch his retail unit's initial public offering (IPO) much later, two people familiar with the matter said.

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2 mins  |
November 05, 2024
US poll uncertainty roils mkts
Business Standard

US poll uncertainty roils mkts

Benchmark indices nosedive 2% - most in a month - before recouping half the losses

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2 mins  |
November 05, 2024
Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?
Business Standard

Trump Vs Harris In Equity Ring: Who Packs A Stronger Punch?

Battle lines are drawn in a hard-fought election in the US, the outcome of which will be known this week. However, analysts say global financial markets have already begun preparing for Donald Trump's victory.

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2 mins  |
November 04, 2024
Business Standard

Himalayan glacial lakes expanded 10.81% from 2011 to 2024: Govt

Glacial lakes and other water bodies across the Himalayan region saw a 10.81 per cent increase in area from 2011 to 2024 due to climate change, signalling a heightened risk of glacial lake outburst floods (GLOFs), according to a government report.

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1 min  |
November 04, 2024
Business Standard

India rises as global player in petroleum, sugar exports

SURGING MARKET SHARE IN 5 YEARS

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1 min  |
November 04, 2024
Business Standard

Bollywood's tall storey: Mega deals drive real estate boom

Bollywood's influence extends beyond films. The industry's top stars are known for their larger-than-life roles both on and off screen.

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2 mins  |
November 04, 2024
Festival spirit soars, so does pollution
Business Standard

Festival spirit soars, so does pollution

Last Thursday, the skies of Delhi illuminated with Diwali celebrations, despite a ban on firecrackers.

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1 min  |
November 04, 2024
Business Standard

Credit culture: What's that?

Many bankers are complaining about deteriorating credit culture. The villain is farm loan waivers. But some of the NBFCs too are contributing to it

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5 mins  |
November 04, 2024
PEELING THE KANDA EXPRESS
Business Standard

PEELING THE KANDA EXPRESS

As trains loaded with onions chug along, what is the impact on farmers, consumers, and traders?

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4 mins  |
November 04, 2024
SROs and fintechs: The emerging plot
Business Standard

SROs and fintechs: The emerging plot

The Reserve Bank of India (RBI) recently recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation for fintech (SRO-FT) and is in the process of examining two other applicants.

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2 mins  |
November 04, 2024
Amber lights flashing
Business Standard

Amber lights flashing

The microfinance business is turning cautious as delinquencies inch up, reports RAGHU MOHAN

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4 mins  |
November 04, 2024
Business Standard

Have a heart condition? Go for specialised cardiac plan

Before purchase, check for waiting periods, co-payment requirements, and sub-limits

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1 min  |
November 04, 2024
Business Standard

Breaking the silence on death and money

Rekha and Rahul, both in their early forties, were batchmates at the Indian Institute of Management (IIM). They married soon after graduating and enjoyed successful careers in Bengaluru.

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2 mins  |
November 04, 2024
'Nifty may consolidate between 22,000 and 26,000'
Business Standard

'Nifty may consolidate between 22,000 and 26,000'

Dalal Street bulls are keeping their fingers crossed in the hope of a blockbuster year as markets enter Samvat 2081. RAHUL ARORA, chief executive officer for institutional equities at Nirmal Bang, tells Puneet Wadhwa in an email interview that, with earnings disappointments in India, foreign flows may not return immediately. Edited excerpts:

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2 mins  |
November 04, 2024
MFs cast their lines for record Oct catch
Business Standard

MFs cast their lines for record Oct catch

A haul of ₹87,000 crore nearly doubles previous record, reeling in a lifeline for stability

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1 min  |
November 04, 2024
Business Standard

The price of power

For months after the January 6, 2021, rampage at the Capitol, the damaged window of Mitch McConnell's office was left unrepaired, a graphic reminder of the moment when one of rioters bashed the fortified glass with a flagpole.

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3 mins  |
November 04, 2024