CATEGORIES

Burmans get RBI nod for Religare open offer

THE RESERVE BANK of India (RBI) has approved the Burman family's open offer to acquire an additional 26% stake in Religare Enterprises, subject to several conditions such as coming up with a consolidation plan within 90 days, maintaining the current management structure and not appointing new directors for now.

Sebi broadens scope of T+0 settlement to top 500 stocks

The Securities and Exchange Board of India (Sebi) on Tuesday expanded the scope of same-day settlement cycle (T+0) to the top 500 stocks in a phased manner.

Clients want a one-stop shop for creative solutions across platforms

Stressing on building its data capabilities has paid handsome dividends to FCB Kinnect, helping it win multiple awards at various industry forums including 5 Golds at the SAMMIE 2024 that honours the best social media brands.

Cause and effect

● Philanthropy can help build positive brand image

Long live shared Value

WHEN PROFIT MEETS PURPOSE AND IMPACT FUELS INNOVATION, THE REAL MAGIC HAPPENS

Safeguarding steel

A blunt instrument to curb imports won't address the travails of the industry

Worried about stocks? $1 trillion in buybacks will help

DECEMBER IS a big month for stock buybacks, and by month's end, companies are expected to spend more money repurchasing shares this year than ever before.

Can Trump end US birthright citizenship? Not easily

\"We're going to have to get it changed,\" Trump said in a televised interview on Sunday. \"We'll maybe have to go back to the people. But we have to end it.\"

Apple rally unabated amid sluggish growth

APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term. None of that is holding back the stock.

Graft trial: Netanyahu first Israel PM to testify

Benjamin Netanyahu took the witness stand for the first time in a corruption trial in which he's accused of bribery, fraud and breach of trust, a case that's played havoc with the nation's political life for nearly a decade.

Apple rally unabated amid sluggish growth

APPLE HAS THE slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump's second term.

Rebel-backed leader assumes charge as interim Syrian PM

SYRIA'S NEW INTERIM leader announced on Tuesday he was taking charge of the country as caretaker prime minister with the backing of the former rebels who toppled President Bashar al-Assad three days ago.

Xi rebuffs Trump's threat of tariffs

GEARING UP FOR Trump 2.0 era, Chinese President Xi Jinping on Tuesday cautioned there will be no winner in a tariff or tech wars between China and the US and vowed that Beijing would firmly safeguard its interests.

Expect retail loans to drive incremental advances

City Union Bank, traditionally focused on MSMEs, has expanded into retail lending. In an interview with Narayanan V, managing director and CEO N Kamakodi explains the rationale behind diversifying its portfolio, and outlines its lending plans. Excerpts

China's exports to US surge amid rising tariff concerns

● Unexpected drop in imports shows weak Chinese demand

Equity MF inflows in November drop 14%

● Second consecutive month of SIP inflows crossing the ₹25,000-crore mark

A hard 'taskmaster' with 'memory of an elephant'

SANJAY MALHOTRA, A career civil servant who has mostly kept a low profile, was picked as the governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das who is leaving after a six-year stint.

Restoring inflation-growth balance most important: Das

THE OUTGOING GOVERNOR of the Reserve Bank of India (RBI), Shaktikanta Das, said on Tuesday that restoring the inflation-growth balance is the most important task ahead for the central bank.

Re nears 85 as rate cut bets rise

THE MARKET WILL closely watch the new governor's strategy of handling pressure on the rupee. The market expects the new governor to be more flexible in his policies related to dollar-rupee.

SP Group sells Mumbai land for ₹455 cr

THE SHAPOORJI PALLONJI Group has sold a 19,589.22 sq ft land parcel in the upscale Juhu locality of Mumbai to Agarwal Holdings for ₹455 crore.

GenAI to play key role in fighting cyber risks: TCS

TO COMBAT THE rising menace of GenAI-powered cyberattacks, Tata Consultancy Services (TCS) on Tuesday suggested a counter-intuitive approach: just like fighting fire with fire, organisations must deploy GenAI-powered threat detection and response systems.

Legacy firms wrest 51% of EV 2W pie

THE DELHI-BASED COMPANY also more than doubled its volumes and retained its tag of being the fifth largest player in this category with a 6% market share.

Most APAC firms see benefits of AI in 2-5 years: IBM survey

Nearly 60% of surveyed organisations across the Asia-Pacific region (APAC) anticipate realising the benefits of their artificial intelligence (AI) investments within two to five years, a recent study commissioned by IBM, titled \"APAC AI Outlook 2025\", said.

Fintech firm Jar's jewellery e-comm bet yields results

WAY AHEAD

RPower sets up green arm, names CEO, COO

RELIANCE POWER ON Tuesday announced setting up its renewable energy business arm Reliance NU Energies and appointed Mayank Bansal as chief executive officer and Rakesh Swaroop as chief operating officer of the subsidiary.

Adani seeks fresh lifeline for troubled $2-bn power plant

COAL-FIRED PLANT STRUGGLING WITH PAYMENTS BACKLOG FROM BANGLADESH

Nano units helping us bridge service gap for new-age channels

Hindustan Unilever (HUL), the country's largest consumer goods company, runs a network of 28 factories and 35 warehouses, producing over 75 billion units across 2,000+ products annually.

Global airlines may surpass $1-trn revenue mark in 2025

THE GLOBAL AIRLINE industry is projected to report a net profit of $36.6 billion in 2025, slightly higher than expected this year, helped by lower oil prices and cost control, IATA said on Tuesday.

Will focus on fintech, consumer startups, says Stride Ventures

AS IT LOOKS at its next phase of growth, venture debt firm Stride Ventures will increase focus on investments in consumer, fintech, and cleantech startups and reduce exposure to the B2B sector.

Peripheral areas witness bigger spike in home prices than prime locations

NEWER REAL ESTATE micro markets have seen higher price growth over the past six years than many prime locations across the top 7 cities, a report by Anarock showed.