CATEGORIES

MF investors buy small, midcaps in Oct; SIP flows near 17K cr

Mutual fund investors continued to flock to small and midcaps, buying the dip in the broader markets last month and apportioning a small part to large caps for the first time since April.

Sputtering engines at IndiGo

Supply chain problems are clouding the skies for Indian airlines. Recall that earlier this year, Go First’s operations were suspended due to faulty engines from Pratt & Whitney.

SoftBank's Vision Fund posts $1.7 bn loss in Sep quarter

SoftBank Group Corp.'s flagship Vision Fund reported another loss on the decline in valuations at WeWork Inc. and other portfolio companies, on top of foreign exchange losses that could hurt Masayoshi Son's pursuit of new startup deals.

Sugar seeks $100 mn at $700-800 mn valuation

Company in talks with sovereign wealth funds, private equity funds

Stubble burning main contributor to Delhi's deteriorating air quality

Stubble burning is a major contributor to Delhi’s deteriorating air quality, according to the Commission on Air Quality Management (CAQM) data.

Moody's retains 6.7% growth estimate

Moody's Investor Services on Thursday retained India's economic growth at 6.7% for 2023 saying the country has shown remarkable resilience, buoyed by solid domestic demand, amid a global slowdown.

IBC sections valid, personal guarantors get no SC relief

Court clarifies role of the resolution professional as a facilitator and not of an adjudicator

Religare chief Saluja broke insider trade laws: Burmans

In a 7 November letter to Sebi, four investment firms of the Burman family flagged Saluja’s trades on 21 and 22 September

InCred Fin turns year's 2nd unicorn

The latest development comes 16 months after the firm completed its merger with American PE giant KKR’s local non-banking finance arm

Sony push for top post stalls Zee merger talks

Sony views the allegations and investigation as corporate governance issues and wants to place its executive at the top

A CORNER OF BHARAT CRAVES A DIWALI SHIMMER

It's forenoon Saturday in Rajgarh, a rural town in Churu district of Rajasthan.

'We'd like to stay in India, strengthen our hand here'

Viacom18, Adani and Sun TV have all explored acquiring Disney's India business

Engg schools cut floor pay to lure recruiters

Some are scouring technical journals for information about new companies or encouraging students to reach out to recruiters directly on social media

Insurers seen leading bids for RIL's ₹20,000 cr bond issue

Reliance Industries' upcoming bond issue, touted to be the second-biggest for an Indian firm, will see strong demand from insurers, with aggressive bidding enabling the conglomerate to borrow at rates that just top the sovereign yield, several merchant bankers said.

Pacific Islands' climate change SOS needs earnest responses

The US must strengthen its commitment to helping solve this crisis

Economic nationalism shouldn't be dismissed as a strategic thrust

It's a beggar-thyself policy rather than a beggar-thy-neighbour one if it goes wrong but it can also deliver economic succes

Vocational education should be an integral aspect of schooling

The National Curriculum Framework takes the economic well-being of students well into account

Who's afraid of a caste X-ray across the land?

Social justice is a political issue but the caste survey released in full detail by Bihar shows economic disparities that are not terribly stark. Discontent on its basis won't be easy to stir

Why mutual funds continue to flock to startup offerings

For MFs, it's about identifying companies with the potential to become future multi-baggers

SIVAKASI@100: WHY IT'S TIME FOR A PIVOT

In India's fireworks capital, companies are talking of R&D, automation and diversification

Pollution: Delhi plans artificial rain

The Delhi government plans to induce artificial rain through cloud seeding this month to combat air pollution in the national capital, environment minister Gopal Rai said on Wednesday.

This year set to be warmest in 125,000 years, EU scientists say

Heat is a result of continued greenhouse gas emissions from the burning of fossil fuels

NCLT orders refund of IT dues to Cox & Kings

The order came in response to a plea filed by the liquidator of the firm

Samsung, Qualcomm challenge India's push for live TV on phone

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30, according to letters reviewed by Reuters.

Tata Power reports 9% growth in net profit for Sep qtr

Tata Power focuses on consolidation and growth of core operations, plans to undertake renewable energy projects

Bata India's Q2 net profit declines 38% following VRS hit

Bata India reported a consolidated net profit of ₹33.9 crore for the September quarter, down 38% from a year ago, due to a one-time expense towards a voluntary retirement scheme (VRS).

Amazon India may roll out recyclable paper packaging

The move is part of the company's broader effort to eliminate plastic delivery packaging

Shell hires Ambit for Sprng valuation before stake sale

MNC energy giant plans to sell minority stake in operational assets of Sprng Energy

Maharashtra govt to buy Air India tower

Maharashtra government on Wednesday decided to acquire the iconic Air India building at Nariman Point in Mumbai for ₹1,601 crore.

MF veterans split on preference for Smids in Samvat 2080

Those arguing in favour of a shift in bias use valuation logic to support their claims, while those expecting a continuum said Smid indices’ outperformance to the Nifty in the past one year would impel retail investors to continue pumping money into small and mid cap schemes.