CATEGORIES

Quadrant Future fixes price band at ₹275-290, offer opens on Jan 7

Quadrant Future Tek on Friday said it has fixed the price band at ₹275-290 per equity share for its ₹290-crore initial public offering (IPO) that will open for public subscription on January 7.

NSE Raced Past Asian Peers in IPOs in 2024

The National Stock Exchange (NSE) has recorded the highest number of initial public offerings (IPOs) in Asia in the calendar year 2024 (CY24) with a total of 268 listings across the main board and the SME platform, the exchange stated on Friday.

How front-running works, what's Ketan Parekh's role

The Securities and Exchange Board of India (Sebi) has uncovered a sophisticated front-running scam involving Ketan Parekh, a stock market manipulator, and Singapore-based trader Rohit Salgaocar.

Petronet LNG: Clarity awaited over possible policy changes

A new consultation paper from the Petroleum and Natural Gas Regulatory Board (PNGRB), 'Optimising LNG supplies from terminals in India,' indicates that Petronet LNG faces regulatory risk, due to the regulator wishing to control regasification tariff.

Sebi warns JM Financial of lapses in due diligence

The Securities and Exchange Board of India (Sebi) has warned investment banking firm JM Financial for certain lapses in due diligence during the initial public offering (IPO) of Western Carrier (India).

Mkts End New Year Week With Gains

But benchmark indices see decline on Friday amid selling by foreign portfolio investors

Rethinking the woman voter

It looks, at first blush, like an exciting new winning political formula. Empower women – with cash grants, free transport, and safety both in public places and within the family – and the votes will come pouring in.

Covid's Lessons Have All Been Forgotten

The vaccines allowed Covid to be treated as an aberration, but we must not forget what it really was: A preview of the kind of planetary challenges that await us

Will Trump fire the Fed?

Nearly every Cabinet or staff appointment announced by US President-elect Donald Trump has been met with a predictable wave of media outrage.

The third man

Eye Culture

Beta launch of a new generation

Babies born on the first day of 2025 aren't going to be just the first of the year; they're the first of a new generation.

US Surgeon General Calls for Cancer Warnings on Alcohol

Alcoholic drinks should carry a warning about cancer risks on their label, the US Surgeon General said on Friday in a move that could signal a shift towards more aggressive tobacco-style regulation for the sector.

Open up' North Sea, get rid of windmills: Trump

US President-elect Donald Trump called to \"open up\" the British North Sea and get rid of windmills in a post on his social media platform Truth Social on Friday.

Diamond from Modi: Jill Biden's priciest gift in 2023

A $20,000 diamond presented by Prime Minister Narendra Modi to US First Lady Jill Biden was the most expensive gift given by any world leader to the Biden family in 2023, the US State Department said.

Tesla Cybertruck in list of EVs eligible for US subsidy

Tesla China sales hit record high in 2024

Biden blocks $15 billion sale of US Steel to Japan's Nippon Steel

US President Joe Biden officially blocked Nippon Steel's proposed $14.9-billion purchase of US Steel on Friday, dealing a probably fatal blow to the contentious merger plan after a year of review.

2,700 Cops Fail to Arrest Yoon After 6 Hr Standoff

South Korean presidential guards prevent arrest of impeached leader

China to Offer Phone Subsidy in Spending Push

China will expand consumption subsidies to cover smartphones and other electronics, in a step to promote domestic spending as external headwinds pick up.

Will protect our interests: Govt on China's plan to build damon Brahmaputra

Days after China announced its plan to build a mega dam on Brahmaputra river in Tibet, India on Friday said it will continue to monitor and take necessary measures to protect its interests.

Make 2025 year of poverty-free villages: Chouhan

Ahead of the Union Budget, Rural Development Minister Shivraj Singh Chouhan on Friday called upon state ministers to make 2025 a year of 'poverty-free villages'.

Skilled worker movement helps both US, India: MEA

The movement of skilled professionals, which is an important part of India-US ties, benefits both countries, the Ministry of External Affairs (MEA) said on Friday amid a deepening debate over H-1B visas, on which US President-elect Donald Trump and his backer Elon Musk have recently commented.

Thousands gather to pay final tribute to Dr Singh

From political stalwarts to ordinary admirers, thousands united in grief and reverence at New Delhi's Rakab Ganj Sahib Gurudwara, on Friday, to pay their tribute to former Prime Minister Manmohan Singh, whose quiet demeanour belied his transformative impact on India's economy and polity.

EPFO Can Start Assessment Against Firms Under IBC

The insolvency appellate tribunal has held that there is no bar against assessment proceedings by statutory authorities, including the EPFO, once the liquidation process starts against any debt-ridden company under the IBC.

New rule to avoid tax deduction on purchases via IFSC sellers

The Ministry of Finance has introduced a new tax rule, effective January 1, 2025, allowing buyers to avoid tax deduction on purchases made from sellers operating within the International Financial Services Centres (IFSC).

SBI Unveils 2 Schemes To Boost Deposit Mobilisation

State Bank of India – the country's largest lender – has unveiled two new schemes to boost deposit mobilisation at a time when most banks are facing challenges to raise resources.

Targets ₹4,000 crore corpus for startups

The Uttar Pradesh (UP) government is planning to create a corpus of almost ₹4,000 crore to promote startups and enrich the market innovation ecosystem in the state.

FISME Proposes Measures to Address Protectionist Policies

Amid the recent HSBC India Manufacturing Purchasing Manager's Index (PMI) report indicating a concerning 12-month low in manufacturing activity, the Federation of Indian Micro and Small & Medium Enterprises (FISME) has urged the government to take immediate action to mitigate the impact of rising protectionist measures on the sector.

Securitisation volume of banks tops ₹68K cr in Q3

ICRA estimates say private sector banks account for ₹25,000 cr, NBFCs for remaining ₹43,000 cr

Loan growth of banks in Dec qtr picks up pace

Bank of Baroda, a state-owned bank, in its quarterly update on Friday said its domestic deposits grew 9.23 per cent year-on-year (Y-o-Y) in October-December (Q3FY25) at ₹11.65 trillion, while advances increased 11.76 per cent Y-o-Y at ₹9.63 trillion, outpacing deposit growth during the period.

BharatPe parent to sell up to 25% stake in Unity SFB for $800 mn

Resilient Innovations, the parent company of BharatPe, is scouting for investors to sell up to 25 percent of its 49 percent stake in Unity Small Finance Bank (Unity SFB).