CATEGORIES

Front-running case: Sebi bans nine entities

● Impounds illegal gains of ₹21.16 crore

Top-10 most valued firms' m-cap slumps ₹4.95 lakh cr

THE COMBINED MARKET valuation of all the top-10 most valued firms plunged ₹4.95 lakh crore last week, in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries (RIL) faced the sharpest erosion.

Overlapping lending: Banks urge RBI to extend deadline

BANKS HAVE REQUESTED the Reserve Bank of India (RBI) to extend the timeline for adhering to new guidelines that prohibit overlapping lending activities between banks and their group entities.

Growing demand drives growth in power T&D sector

THE POWER TRANSMISSION and distribution (T&D) sector is set for a significant growth, driven by increasing electricity demand and focused renewable energy goals.

China's Nio unveils $108,000 EV

CHINESE ELECTRIC CAR maker Nio started sales of its most expensive car as it seeks to double deliveries in 2025 and eventually become profitable.

Will take back control of Panama canal, says Trump

President-elect Donald Trump said Saturday that the Panama Canal is charging exorbitant prices and rates of passage on US naval and merchant ships, and he demanded that fees be lowered or else Panama should return the canal to the US.

Musk's Trump trade makes Tesla a winner with $570-billion rally

EARNINGS, REVENUE EXPECTATIONS PLUNGE

Suspect in German Christmas market attack detained

A GERMAN JUDGE ordered pre-trial detention for the man suspected of driving a car into a German Christmas market in the eastern city of Magdeburg two days ago, killing five people and injuring dozens.

Media's moment of reckoning: Convergence model set to be tested

The year 2024 was marked by significant consolidation in the Indian media and entertainment industry.

Israeli strikes kill 17 Palestinians in Gaza

ISRAELI MILITARY STRIKES across the Gaza Strip killed at least 17 Palestinians, eight of them at a school sheltering displaced families in Gaza City, medics said, as the Israeli military ordered the evacuation of a hospital in the north.

India to see a surge in AI applications: Nasscom

INDIA WILL SEE a surge in artificial intelligence (AI) applications and cost reductions in 2025, with increasing adoption across sectors like healthcare, finance, energy, and governance, Sanjeev Malhotra, CEO of the Centre of Excellence for IoT and AI at Nasscom, told FE.

WEF summit: Over 100 Indian CEOs, ministers to visit Davos

OVER 100 CHIEF executive officers (CEOs) and at least three state chief ministers and other leaders from India will be in Davos next month to attend the World Economic Forum (WEF) annual meeting 2025.

VC boom: New firms reshape startup funding

THE VENTURE CAPITAL (VC) landscape witnessed a surge in activity in 2024, with over 30 new VC firms entering the market.

DoT expects BSNL to post ₹558-crore profit in FY27

THE DEPARTMENT OF telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of ₹558 crore.

Avaada looks to raise $1-bn debt to fund green projects

● Green ammonia, hydrogen projects coming up in Odisha

States' capex likely fell during April-November

● Capital spends of 12 states reviewed down 7%, borrowings decline 4%

ED to staff: No PMLA only on basis of conspiracy

WITH SOME OF ITS high-profile money laundering proceedings facing legal setbacks and the Supreme Court taking an adverse view, the Enforcement Directorate (ED) has decided not to register cases that are based solely on \"criminal conspiracy\" as a \"predicate offence\" -- there should also be a primary offence listed under the Prevention of Money Laundering Act (PMLA), sources told The Indian Express.

Mandi prices of onion fall 50% on fresh arrivals

WITH THE ARRIVAL of fresh kharif crops, average mandi prices of onions at Lasalgaon in Nashik, Maharashtra—the country's key onion trading hub—halved to ₹2,000 per quintal on Sunday from ₹4,000 per quintal a month ago.

Centre may reduce reserve sale price for rice to make ethanol

No takers for FCI stocks among grain-based distilleries

Competition watchdog strikes a fine balance: Regulator & business facilitator

IT'S BEEN AN action-packed year for the competition watchdog, both in terms of the number of cases handled and the changes made in the current regulations aimed at strengthening the commission and creating a conducive environment for businesses.

Investment pacts may not be part of FTAs

DESPITE THE DEMAND from some partners for inclusion of investment protection treaties in free trade agreements (FTAs) that are under negotiation, India would stick to its stand of signing separate treaties for investments, and not making them part of FTAs, a senior official said.

India's natural gas imports surge 21% in April-November

INDIA'S NATURAL GAS imports surged 21% to 24,798 mmscm (million metric standard cubic metre per day) during April-November 2024, compared to 20,486 mmscm in the same period last year, driven by higher consumption from city gas distribution companies and the power sector, according to data from the Petroleum Planning and Analysis Cell (PPAC).

Mumbai's asset-light model draws realty heavyweights

25,000 buildings valued at ₹30,000 crore are qualified for redevelopment

26 enter startup billionaire club

OLA'S BHAVISH AGGARWAL AND SWIGGY'S SRIHARSHA MAJETY LEAD THE PACK

Smartphone exports set to top ₹1.70 L cr, rise 31%

INDIA'S SMARTPHONE EXPORTS are set to cross ₹1.70 lakh crore in the current financial year - which would be a rise of 31% from ₹1.29 lakh crore in FY24.

40% decline in broker strength

• Many morph into sub-brokers

Low-cost growth is edtech's new winning formula, not high burn, says Lightspeed

THE EDTECH SECTOR is adopting a new mantra for success—efficient customer acquisition over high marketing spends.

Pushpa 2 hits ₹990 cr in India, ₹1,500 cr worldwide

ALLU ARJUN-STARRER Pushpa 2: The Rule has become the biggest hit of the actor's career, and even after two weeks in the cinemas, the film is still making money in double digits.

How India's Twenty20 batting in domestic cricket went on a six-hitting spree this year

go and excel from ball one. When you have that kind of belief, it gives you that boost that you can take on every delivery,\" Mumbai's title-winning skipper Shreyas Iyer told IE.

More than 15% of super-rich in India are under 30: Report

DRIVEN BY STARTUP UNICORNS AND IPOs