CATEGORIES

IndiQube files draft papers for ₹850-cr IPO

BENGALURU-BASED INDIQUBE, which provides co-working and managed office spaces, has filed its draft papers with the regulator for an initial public offering to raise ₹850 crore.

Coforge working on 30 GenAI use cases in insurance, 10 live

IT SERVICES COMPANY Coforge is actively working on over 30 generative AI (GenAI) use cases within its insurance vertical, with 10 already in production.

Happiest Minds sees slower FY25 revenue growth

HAPPIEST MINDS TECHNOLOGIES anticipates its revenue growth for fiscal 2025 to be at the lower end of the guided range of 30-35%, Venkatraman Narayanan, managing director and CFO of the company said.

Emerging tech sectors stake claim on 600 MHz spectrum

Allocation should not be beyond a point, say telcos

Kirana body seeks tech support for e-comm challenge

The Federation of Retailer Association of India on Tuesday asked the government to provide enhanced technology platform to Kirana stores to enable them to compete with quick commerce firms.

Duty-free import of yellow peas extended till February

THE GOVERNMENT ON Tuesday extended duty-free import of yellow peas, used as substitute of chana, for two more months till the end of February, with the aim to curb prices of the key pulses variety.

Exporters draw up plans to raise share in US market

IN ANTICIPATION OF the US going ahead with higher tariffs on Chinese imports, the Federation of Indian Export Organisations (FIEO) has formulated a strategy to raise its share in the US market.

Laptop import nods may be tied to capacity growth

Boosting Domestic Manufacturing

Mining sector gets a leg-up, import reliance down

India's mining industry took a long stride this year supported by government policies in the critical minerals mining as it intends to boost domestic production, reducing dependency on imports and helping in realising the renewable energy targets.

Rabi sowing a tad below last year's level; oilseed cultivation down 5.5%

WITH JUST A few weeks left for the rabi season to be over, sowing of winter crops such as wheat, pulses, oilseeds, and coarse cereals has been a tad below last year's level so far as the area under oilseeds have declined.

Household liabilities rise to 6.4% of GDP in FY24

THE NET FINANCIAL liabilities of India's households went up to ₹18.79 lakh crore in FY24, or 6.4% of GDP, a rise over the previous year's 15.96 lakh crore, or 5.9% of GDP, data from the Reserve Bank of India (RBI) showed.

Economic growth to pick up in H2FY25, says RBI bulletin

THE COUNTRY'S ECONOMIC growth trajectory will likely pick up in the second half of the current financial year, driven by domestic private consumption and a sustained revival of rural demand, the Reserve Bank of India (RBI) said in its monthly bulletin released on Tuesday.

Unincorporated sector generates 11 mn jobs

THE UNINCORPORATED NON-AGRICULTURAL sector in India has added about 11 million more jobs in October 2023-September 2024 as compared to the year-ago period, with addition of 8.4 million establishments, official data released on Tuesday showed.

Labour-intensive exports: Gains likely to be short-lived

Significant import content in several sectors, sharper drop in other currencies to play spoilsport should have come as a shot in the arm for India's labour-intensive exports.

NFRA slaps ₹2-cr fine on Deloitte Haskins for Zee audit

THE NATIONAL FINANCIAL Reporting Authority (NFRA) has imposed a fine of ₹2 crore on Deloitte Haskins & Sells, and penalties on two chartered accountants (CAs) for lapses in the auditing of Zee Entertainment Enterprises (ZEEL) for FY19 and FY20.

Local satellites push draws 30 aspirants

Companies include Google-backed Pixxel, Tata arm

Walking into a minefield

MADHABI PURI BUCH won't forget 2024 in a hurry. In an interview to a business magazine at the beginning of the year, she had proudly proclaimed that she knew exactly \"where all the skeletons are hidden.\" Just about six months after that statement, the world turned upside down for the first woman chairperson of the Securities and Exchange Board of India (Sebi), with many questioning whether the so-called \"skeletons\" were actually hidden in her cupboard.

Economists seek FTAs, land & labour reforms

Stress the need to return to 7-8% GDP growth

Shyam Benegal, pioneer of parallel cinema, dies

JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.

The year AI took centrestage

The debate if it is a blessing or a Frankenstein rages on

US launches new probe into legacy Chinese chips

The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports

UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal

British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.

Now, Musk wants you to pay 'X-tra' as premium plans

Marks the largest price increase since acquisition

Govt schools can fail class 5, 8; no-detention policy ends

THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.

In a note to India, Bangladesh demands Hasina's extradition

Dhaka insists on Hasina's trial, India declines comment

Awfis Space Solutions: Sustained growth outlook

35% CAGR in seat additions during FY24-27 projected

Emami: Operating margins to improve

Bolt-on acquisitions to drive double-digit revenue growth

Siemens: Weak outlook on HVDC, Rlys

Cuts EPS forecast for FY25E/ 26/27 by 9%, 15% & 11%

The conundrum of repo rate arguments

Monetary policy always triggers debate as theoretical arguments on both sides: repo rate induces investment or repo rate lowers inflation are equally strong

Merge to survive

Electric mobility is disrupting the global auto industry, forcing alliances and consolidation