CATEGORIES

Will focus on fintech, consumer startups, says Stride Ventures

AS IT LOOKS at its next phase of growth, venture debt firm Stride Ventures will increase focus on investments in consumer, fintech, and cleantech startups and reduce exposure to the B2B sector.

Amazon enters q-commerce race with 15-minute delivery

JOINING THE RUSH

HDFC Bank office space on lease in Navi Mumbai

HDFC BANK HAS leased 416,000 sq ft of office space in the Gigaplex complex, located in the Mindspace property of K Raheja Corp in Airoli, Navi Mumbai, for a period of 10 years.

SAT stays Sebi order on Trafiksol's public issue

The Securities Appellate Tribunal (SAT) has stayed the Securities and Exchange Board of India's (Sebi) order directing SME Trafiksol to refund ₹44.87 crore raised for its initial public offering (IPO), which was put on hold and later cancelled by the regulator.

List of approved solar models, makers issued

The government on Monday issued an order to include solar cells under the ambit of Approved List of Models and Manufacturers (ALMM) effective from June 1, 2026, a measure aimed to boost domestic manufacturing of solar cells and reduce dependency on Chinese imports.

India to defend fishing subsidies at WTO

INDIA HAS POINTED out that its per capita subsidies to farmers amount to just $35 a year as compared to $76,000 that some of the biggest fishing economies provide and the World Trade Organisation (WTO) should look at per capita rather than aggregate support for fisheries as the trade regulating body discusses further measures to tackle overfishing.

Opposition moves no-confidence motion against V-P Dhankhar

IN A FIRST, parties of the INDIA opposition bloc on Tuesday submitted a notice to bring a motion in Rajya Sabha for the removal of Vice President Jagdeep Dhankhar, accusing him of \"partisan\" conduct as the chairman of the Upper House.

Targets missed in 1.0, National Broadband Mission 2.0 in works

The Department of Telecommunications (DoT) is working on the next leg of the National Broadband Mission to improve connectivity, quality of services, increase broadband penetration, and infrastructure in the country.

Sebi broadens scope of T+0 settlement to top 500 stocks

The Securities and Exchange Board of India (Sebi) on Tuesday expanded the scope of same-day settlement cycle (T+0) to the top 500 stocks in a phased manner.

Burmans get RBI nod for Religare open offer

THE RESERVE BANK of India (RBI) has approved the Burman family's open offer to acquire an additional 26% stake in Religare Enterprises, subject to several conditions such as coming up with a consolidation plan within 90 days, maintaining the current management structure and not appointing new directors for now.

S&P Global: India set for 'resilient' growth in 2025

6.8% FORECAST RETAINED FOR FY25

Inoperative Jan Dhan accounts have ₹14,750 cr balance

INOPERATIVE BANK ACCOUNTS under Pradhan Mantri Jan Dhan Yojana (PMJDY) have a balance of ₹14,750 crore as of November 20, 2024, the finance ministry informed Rajya Sabha on Tuesday.

Rail freight loading trails modest Budget estimates

Just 2.1% growth in April-Nov despite no increase in tariffs

Industry body seeks separate policy for stainless steel sector

INDUSTRY BODY ISSDA has urged the government to formulate a separate policy for the stainless steel industry.

Highway construction declines 6.6% on year

HIGHWAY CONSTRUCTION IN the first eight months of this fiscal stood close to 4,900 km, which is 6.6% lower than 5,248 km in the same period last year.

PM to lay out plan for socio-economic growth

Agenda includes jobs, manufacturing, and MSMEs

Retail inflation likely fell sharply to 5.6% in Nov

Decline was mainly due to cooling of vegetable prices

Verdict is clear: Mega merger unlikely to threaten WPP's stupendous lead in India

Globally, Omnicom is the bigger of the two partners; but in India, IPG is at least three times larger than Omnicom, and WPP is double the size of IPG

SVOD audience falls 2% in India: Report

INDIA'S SUBSCRIPTION VIDEO-ON-DEMAND (SVOD) audience base has witnessed a slight decline, dropping by 2%, from 153 million in 2023 to 150.6 million in 2024, according to The Ormax SVOD Audience Report: 2024.

Omnicom takes aim at Big Tech, AI with $13-bn Interpublic deal

TRADITIONAL PLAYERS LOOK TO COMPETE BETTER WITH BIG TECH FIRMS

Luxury property market is a boon to Trump's biz

WHEN DONALD J. Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune.

IT sector hiring may grow 20% in 2025

THE IT SECTOR, which is on the path of recovery, is expected to witness 15-20% growth in job opportunities across various industries in 2025, talent solutions company NLB Services said.

MFI disbursals drop 10% in Q2 as credit quality takes a hit

Disbursements by microfinance institutions dropped by more than 10% in the July-September period compared to the year-ago period as the industry started witnessing stress on asset quality, according to data shared by a self-regulatory organisation.

FY25 Budget shows ways to build an efficient workforce

SKILLS-BASED GROWTH COMPACT CAN BE KEY

India monitoring Syria situation, calls for stability

A DAY AFTER rebel forces overthrew President Bashar Assad's authoritarian government in Syria, India on Monday joined leading nations to call for stability and preserve the unity, sovereignty and territorial integrity of the Arab nation.

Sanjay Malhotra to succeed Shaktikanta Das as next RBI governor

While the growth in gross domestic product (GDP) plunged to a seven-quarter low of 5.4% in the second quarter of the current fiscal and demand looked weak, the RBI maintained its \"neutral\" stance.

CVC offers to buy software firm in $1.2-billion deal

SHARES IN GERMAN healthcare software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.

South Korean prez barred from travelling abroad

SOUTH KOREAN PRESIDENT Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

Policy shift spurs surge in stocks, bond

STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.

Chipmaker Nvidia faces Chinese probe

CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.