CATEGORIES

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

Struggles with a consumer society

TIGHTENING GOVERNMENT CONTROL ON CHINESE SOCIETY IS AT ODDS WITH ITS GOAL OF RAISING CONSUMPTION

Europe's hottest stock has an American architect

FORCED TO SEEK a government rescue barely a year ago, Siemens Energy was an unlikely candidate for Europe's best performing stock of 2024.

Non-life insurance claims ratio dips to 83%

NET INCURRED CLAIMS to net earned premium (claims ratio) of the non-life insurance industry stood at 82.52% during 2023-24, compared with 82.95% in the preceding fiscal, according to the Irdai's annual report.

Kalyani Investment pays ₹1.12 crore to settle case with Sebi

KALYANI INVESTMENT, ONE of the promoter group entities of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying ₹1.12 crore towards the settlement fee.

HUDCO, PGCIL raise 10-yr bonds at 7.12%

HOUSING AND URBAN Development Corporation (HUDCO) and Power Grid Corporation (PGCIL) have raised funds from the domestic debt capital market. Both the companies issued 10-year bonds at a coupon rate of 7.12%.

Burman family gets Sebi nod for Religare open offer

The Burman family's open offer to acquire an additional 26% stake in Religare Enterprises has received an approval from the Securities and Exchange Board of India (Sebi), according to a report.

Banks lobby RBI for new swaps market benchmark

A GROUP OF banks has asked the Reserve Bank of India to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

Sebi suspends trading in Bharat Global on financial irregularities

SEBI ON MONDAY suspended trading in Bharat Global Developers for alleged financial misrepresentation, misleading disclosures, price manipulation and offloading shares at inflated prices.

Rupee closes at its lifetime low of 85.12

Weak yuan, demand for dollar keep the currency under pressure

OYO buys US-based G6 Hospitality in a $525-million deal

With this acquisition, Oyo will get around 1,500 franchised hotels across the US and Canada

Simplilearn cuts losses by 56% to ₹107 cr in FY24

UPSKILLING PLATFORM SIMPLILEARN reduced its net losses by 56% to ₹106.7 crore in FY24 from ₹244.2 crore in FY23.

Telcos told to offer separate voice, SMS recharge plans

THE TELECOM REGULATORY Authority of India (Trai) on Monday mandated telecom operators to offer separate recharge plans only for voice and SMS services.

AI integration seen gaining pace in 2025, to unlock biz value: Report

THE UPCOMING YEAR will see enterprises accelerating AI integration and other advanced technologies to unlock significant business value, according to Wipro's Tech Trends for 2025 report.