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BUSINESSES THAT FAIL TO ADAPT TO THE EXPERIENCE ECONOMY RISK BEING LEFT BEHIND

Netflix's flip-flop on parental leave: Just PR?

HERE'S SOME FREE advice for HR departments: If you don't want your employees to make use of the benefits you offer, avoid launching a media blitz to promote just how great they are.

Comcast, Warner Bros Discovery to lead 2025 deal-making

Orchestrating Corporate Maneuvers

SpaceX headquarters to be in Texas, reveals Musk

ELON MUSK RENEWED his long-standing feud with the Securities and Exchange Commission (SEC) on Thursday by posting a letter that said the agency is investigating his brain-computer interface firm, Neuralink.

Israelis find ways to watch 'The Bibi Files'

Veteran documentarian Alex Gibney, who in a decades-long career has tackled many a thorny issue, wasn't planning a film about Israel—until one day last year, when a stunning leak fell into his hands.

UK economy shrinks for second month

BRITAIN'S ECONOMY SHRANK for a second month in a row in October in the run-up to the government's first budget, the first back-to-back falls in output since the onset of the COVID-19 pandemic, and a setback for new finance minister Rachel Reeves.

Deposits top credit growth

UNSECURED LOANS MODERATE AFTER RBI DIRECTION

Rupee rebounds, rises 8p to 84.80

THE RUPEE REBOUNDED from its all-time low level and settled with a gain of 8 paise at 84.80 against the US dollar on Friday, buoyed by a strong recovery in domestic equity markets and easing inflation data.

Forex reserves decline to over five-month low

INDIA'S FOREIGN EXCHANGE reserves fell by $3.2 billion to a more than five-month low of $654.86 billion as of December 6, data from the Reserve Bank of India (RBI) showed on Friday.

FPIs turn sellers of G-Secs as rate differential narrows

FOREIGN PORTFOLIO INVESTORS (FPI) have turned net sellers in the Indian G-Sec market this week, after being net buyers in the first week of December.

Sebi lists exclusions from pro rata distribution for AIFs

SEBI ON FRIDAY clarified the non-applicability of its pro rata distribution mandate for alternative investment funds (AIFs).

SpiceJet clears staff's pending PF dues

DOMESTIC CARRIER SpiceJet on Friday said it has cleared all the pending employee provident fund (PF) dues of its employees, amounting to ₹160.07 crore.

Nuvama Wealth picks up Oyo shares worth ₹100 cr

NUVAMA WEALTH AND Investment has acquired shares worth ₹100 crore in Oravel Stays, the parent company of Oyo, through a secondary transaction at ₹53 per share that valued the travel-tech unicorn at $4.6 billion, according to sources.

Wardwizard launches e-two, three wheelers

VADODARA-BASED WARDWIZARD Innovations & Mobility on Friday announced the launch of four electric three-wheelers and an electric scooter to expand its offering in the two keenly-contested segments.

Tax blow to Swiss arms of India Inc

AT PRESENT, THE MFN clause in the DTAA enables Indian subsidiaries in Switzerland to pay a lower rate of withholding tax to Swiss authorities on certain types of incomes, namely dividends, interest, royalties, or fees for technical services.

Apple to assemble AirPods in Telangana by early 2025

APPLE WILL BEGIN producing its AirPods wireless earphones in India for the first time early next year, marking a milestone in the iPhone maker's steady push to diversify beyond China.

Shorter furloughs, weak Re may aid IT firms' Q3 margins

SHORTER FURLOUGHS THAN last year, when they were extended due to soft demand scenario, coupled with depreciating rupee, are expected to protect the margins of IT firms during the October-December period, which is otherwise seen as a weaker quarter.

V-shaped recovery seen for indices

STRONG BUYING IN index heavyweights like telecom, IT, FMCG, and banking sectors fuelled Friday's rally.

Tier 4 towns, Gen Z boost Meesho's orders

E-COMMERCE UNICORN MEESHO, which primarily serves shoppers beyond tier 1 cities and metros, has recorded a 35% year-on-year rise in the number of orders placed on its platform this year.

Carlyle mulls $1-bn IPO of Quest Global

THE CARLYLE GROUP is considering an initial public offering of engineering services firm Quest Global Services in India, people familiar with the matter said, amid increasing investor interest in the nation's stock market.

SaaS startups shift focus to tier 2, 3 cities

SAAS (SOFTWARE AS a Service) startups, once primarily targeting global markets, are increasingly turning their attention to India's tier 2 and 3 cities to fuel growth.

Zepto FY24 revenue more than doubles to ₹4,454 cr

● Eyes profitability and listing by FY26

PV sales grow 4% in Nov, but two-wheelers see 1% decline

HIGH INVENTORIES

ONGC likely to list green energy arm in 2025-26

GOING PUBLIC

Samvidhan not Sangh ka vidhan, fear spreading, learn from 1975: Priyanka

OPENING FOR THE Opposition in the Lok Sabha discussion on the Constitution,

Allu Arjun arrested, given bail on way to jail

TELUGU FILMSTAR ALLU Arjun was arrested on Friday morning from his house in Hyderabad in connection with a stampede at the premiere of his film, Pushpa 2, earlier this month.

PF withdrawals via ATMs likely from early next year

● Current checks and balances may get reduced

Samvidhan not Sangh ka vidhan, fear spreading, learn from 1975: Priyanka

● No problem with caste census, minister says

Chief secys' meet to focus on development

● The conference will delve into six core areas

Table tennis body anti-competitive: CCI

The Competition Commission of India (CCI) has issued a cease-and-desist order against the Table Tennis Federation of India (TTFI) and its affiliates for the abuse of dominant position in the market.