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Business Standard

Passenger vehicle dispatches hit record 4.3 mn units in '24

Sales grew 11.4% in December as several OEMs continued with their festive discounts

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2 mins  |
January 15, 2025
Business Standard

Top 7 cap goods, engineering cos bagged ₹1 trillion orders in Q3

Top seven companies in the capital goods and engineering space combined — excluding Hindustan Aeronautics — are estimated to have won more than a trillion rupees worth of new orders in the third quarter of the financial year 2025 (Q3FY25).

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1 min  |
January 15, 2025
Business Standard

Udaan Secures NCLT Nod for Corporate Rejig

Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources.

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1 min  |
January 15, 2025
'We would not do it': ITC chief Puri on 90-hr work week
Business Standard

'We would not do it': ITC chief Puri on 90-hr work week

Sharing his views on the 90-hour work week statement by L&T chairman SN Subrahmanyan, ITC's Chairman and Managing Director Sanjiv Puri (pictured) on Tuesday said empowering employees to realise their potential and accomplish their jobs well was more important than the number of hours put in.

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1 min  |
January 15, 2025
Business Standard

'Noteworthy changes looming in biz landscape'

HCLTech saw its stock price slide by 8.63 per cent on Tuesday, closing at ₹1,813.9 per share as the company's 2024-25 (FY25) third-quarter (Q3) guidance, despite positive commentary, pointed to a weak FY25 exit. CVIJAYAKUMAR, chief executive officer and managing director of HCLTech, discussed the performance and future outlook in a video interview with Shivani Shinde. Edited excerpts:

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2 mins  |
January 15, 2025
DHL E-commerce eyes 25% of Indian cargo market in 5 yrs
Business Standard

DHL E-commerce eyes 25% of Indian cargo market in 5 yrs

About 8 per cent of ecommerce (ecom) shipments in India are being handled by Blue Dart right now and the company aims to increase the share to about 25 per cent in the next five years, Pablo Ciano, Global CEO, DHL E-commerce, told Business Standard on Tuesday.

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2 mins  |
January 15, 2025
'India seeing golden era of development'
Business Standard

'India seeing golden era of development'

Anil Chadha, managing director of ITC Hotels, which has been demerged from ITC, shares his thoughts on a wide range of issues with Ishita Ayan Dutt in a video interview as the company sets out to chart an independent journey and debut on the bourses. Edited excerpts:

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3 mins  |
January 15, 2025
Business Standard

BharatPe Targets IPO in 18-24 Months, EBITDA Profitability in FY25

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and amortization (EBITDA) level for FY25, chief executive officer (CEO) Nalin Negi said.

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1 min  |
January 15, 2025
'Consulting industry for developing GPU'
Business Standard

'Consulting industry for developing GPU'

Against the backdrop of the US restricting export of advanced computer chips used to develop artificial intelligence in a bid to preserve American leadership in that space, ASHWINI VAISHNAW, Union minister for electronics & IT, information & broadcasting, and Railways spoke to Surajeet Das Gupta in New Delhi on a range of issues. Edited excerpts:

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2 mins  |
January 15, 2025
Tata Electronics Captures 26% Share of India's iPhone Output
Business Standard

Tata Electronics Captures 26% Share of India's iPhone Output

Tata Electronics has cemented its position as a significant supplier for Apple Inc.'s iPhone, pressing the pedal in 2024 on three critical fronts—production, exports, and direct employment—to meet the needs of the Cupertino-based technology giant.

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2 mins  |
January 15, 2025
Labour Codes May Align With State Rules By March
Business Standard

Labour Codes May Align With State Rules By March

West Bengal Only State Not On Board

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2 mins  |
January 15, 2025
Dharavi revamp to transform realty in nearby areas too
Business Standard

Dharavi revamp to transform realty in nearby areas too

Developers banking on its strategic location and improved connectivity

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3 mins  |
January 15, 2025
Business Standard

Bet on quality funds amid slowing economic growth, mkt turbulence

WhiteOak Capital Mutual Fund recently launched the White Oak Capital Quality Equity Fund.

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2 mins  |
January 14, 2025
DMart's cart loaded with margin woes
Business Standard

DMart's cart loaded with margin woes

Brokerages adjust target prices as supermarket chain faces op strain

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2 mins  |
January 14, 2025
Business Standard

JSW Cement gets Sebi nod for ₹4,000 cr public offer

JSW Cement, part of Sajjan Jindal-promoted diversified JSW group, has received Sebi's go-ahead to raise ₹4,000 crore through an initial public offering (IPO), an update with the markets regulator showed on Monday.

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1 min  |
January 14, 2025
Business Standard

Budget key trigger for life insurers in near term

The data for individual weighted received premium (WRP) showed divergent trends for life insurers in December 2024.

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2 mins  |
January 14, 2025
Economy strong but equities face near-term challenges: ICICI Pru MF
Business Standard

Economy strong but equities face near-term challenges: ICICI Pru MF

Fund says investors should prefer hybrid, largecap schemes

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1 min  |
January 14, 2025
Groww Eyes IPO This Year, Targets $6-8 Billion Valuation
Business Standard

Groww Eyes IPO This Year, Targets $6-8 Billion Valuation

Firm Has Held Talks With Multiple i-Bankers For The Purpose

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2 mins  |
January 14, 2025
Business Standard

Risk-reward balance poor despite recent correction: Report

The risk-reward balance for the Indian market is poor despite the recent correction, said Kotak Institutional Equities in a note.

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1 min  |
January 14, 2025
Business Standard

₹ slide Could Hasten Market Freefall

FPIs Could Rush to Exit If the Decline Persists

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2 mins  |
January 14, 2025
Bezos' Blue Origin delays debut mission for New Glenn rocket
Business Standard

Bezos' Blue Origin delays debut mission for New Glenn rocket

Launch called off due to last-minute technical issues

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1 min  |
January 14, 2025
Krav Maga packs a punch for self-defence in India
Business Standard

Krav Maga packs a punch for self-defence in India

Israeli fighting method has been gaining traction in the country over past few years

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3 mins  |
January 14, 2025
MERCURY RISING
Business Standard

MERCURY RISING

On Friday, the World Meteorological Organization (WMO) added a new dreadful dark red stripe to represent 2024 as the hottest year in recorded weather history, which started with a cool blue tone.

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5 mins  |
January 14, 2025
Business Standard

There's still 'degree' of standoff at LAC: Army chief

Army Chief Gen Upendra Dwivedi, addressing a press conference on Monday ahead of the Army Day on January 15, said there is still a \"degree\" of standoff between the Indian and Chinese militaries along the Line of Actual Control in eastern Ladakh and both sides need to sit down and firm up a broader understanding on how to calm down the situation.

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1 min  |
January 14, 2025
Business Standard

Farm groups to put up a united front

SKM, KMM and SKM (Non-Political) hold joint meeting

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1 min  |
January 14, 2025
Business Standard

Odisha joins Ayushman Bharat-PMJAY scheme

The Odisha government on Monday signed a memorandum of understanding (MoU) with the National Health Authority (NHA) to implement the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) in the state.

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1 min  |
January 14, 2025
PM inaugurates ₹2.7K cr Z-Morh tunnel in J&K
Business Standard

PM inaugurates ₹2.7K cr Z-Morh tunnel in J&K

Project will provide all-weather connectivity between Srinagar and Leh

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2 mins  |
January 14, 2025
Decoding the middle class
Business Standard

Decoding the middle class

What makes a person identify themselves as a member of the middle class?

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3 mins  |
January 14, 2025
Business Standard

One step back

Draft UGC regulations add to Centre-state tensions

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2 mins  |
January 14, 2025
Business Standard

Building on missions

What the Indian state should learn from the Mahakumbh

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2 mins  |
January 14, 2025