CATEGORIES

Dark store tech startups see a glimmer of profit

WAREIQ supports more than 400 brands, including Technosport and Lotus Herbals, with same-day and next-day delivery via shared warehouses.

Dixon, Vivo India tie up to make smartphones

The proposed JV will undertake part of Vivo's OEM orders of smartphones in India

Myntra's in vogue with M-Now

FASHION E-RETAILING PLATFORM

Pharma, FMCG, oil and gas lead hiring for AI/ML roles

PHARMACEUTICALS, FMCG, and oil and gas were among the top hirers for niche profiles like artificial intelligence/machine learning (AI/ML), cybersecurity, cloud computing, data science and big data analytics and blockchain in 2024.

Confident of meeting sales guidance for FY25'

Bengaluru-based Prestige Estates Projects plans to launch multiple projects in Bengaluru, Hyderabad, Mumbai, among others, comprising a total area of 53 million sqft with total sales value of ₹52,114 crore by March 2025. In an interview, its chairman and managing director Irfan Razack tells Raghavendra Kamath about the company's plans and strategy.

Airlines' need to diversify their revenues hit by slim margins: IATA's Thomsen

AIRLINES ARE PRICE takers as they do not have an influence on the prices they pay, IATA chief economist Marie Owens Thomsen has said, adding that the need to diversify revenues is complicated by slim profit margins and weak balance sheets.

Traveltech startups taking to acquisitions to drive growth

POST-PANDEMIC TRAVEL BOOM

Jet's liquidation may take off with auctioned planes

AFTER A DELAY of more than two years, three Boeing 777s, formerly owned by Jet Airways and lying at the Mumbai airport, may finally be transferred to Malta-based Challenge Group.

Israeli troops carry out air, ground attacks in Gaza

ISRAELI MILITARY STRIKES across the Gaza Strip killed at least 28 Palestinians, including a journalist and rescue workers, medics said, and the Israeli military said troops carried out air and ground attacks in the northern Gaza Strip, killing dozens of militants while capturing others.

S Korea's acting prez calms markets, reassures allies

SOUTH KOREA'S ACTING president, Han Duck-soo, moved on Sunday to reassure the country's allies and calm financial markets a day after President Yoon Suk Yeol was impeached and suspended from his duties over a martial law attempt.

Boeing crisis leaves investors wary of beaten-up stock

WHAT WAS SUPPOSED to be a comeback year for Boeing has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker's shares may have only a modest recovery in store in 2025.

Macron has a new PM but same old problems

WHEN VETERAN CENTRIST Francois Bayrou, France's new prime minister, was education minister in the 1990s, his plan to increase subsidies for private schools led to nationwide protests. He quickly caved in and would stay in the post for four more years.

ABC to pay $15 mn to settle defamation suit by Trump

ABC NEWS is set to pay $15 million to settle a defamation lawsuit brought by Donald Trump.

Open global trade only way to feed world: WTO

MEASURES HARMFUL OUTSHINE

11 killed as Chido causes damage in French territory of Mayotte

AT LEAST 11 people have died after Cyclone Chido caused devastating damage in the French territory of Mayotte in the Indian Ocean, France's interior ministry said Sunday.

Crude import bill up 5% in Apr-Nov

INDIA'S CRUDE IMPORT bill increased 4.9% during the first eight months of the current fiscal 2024-25 to $91.7 billion against $87.4 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

Capacity utilisation by steel companies falls to a four-year low

● Demand for higher import tariffs shows cost disadvantage

India gained from the last Trump tariff war: Study

TO REAP BENEFITS

Group insolvency rules likely part of Bill to amend IBC

● Need to address stressed asset interlinkages: Experts

Full Budget funding for NHAI may continue for a decade

TOLL REVENUES TO SUFFICE FOR CAPEX NEEDS IN A FEW YEARS

Hinduja: IIHL to wrap up RCap deal by January

INDUSIND INTERNATIONAL HOLDINGS Limited (IIHL) aims to complete the acquisition of Reliance Capital (RCap) by January 2025.

VCs double returns from public market exits to $4 billion

44 DEALS IN 2024, UP FROM 32 IN 2022 & 13 IN 2021

TikTok's bid to pause US ban denied

TIKTOK FACES A US ban next month after an appeals court declined to pause the measure, which takes effect if the popular video-sharing app isn't sold by its China-based parent ByteDance.

OpenAI whistleblower of Indian-origin dies by suicide in USA

A 26-year-old Indian-origin former employee of the artificial intelligence giant OpenAI has died by suicide in San Francisco, authorities said.

Trump was fact-checked by Time for 'Person of the Year'

This has happened for the first time with a designee

Notre Dame Cathedral's reopening capped stellar year for luxury house LVMH

The brand enjoyed unprecedented visibility in 2024

China to cut rates, reserve requirement ratio next year

5% GDP growth expected this year

Changing nature of Arctic tundra: Carbon sink to source

Wildfires and thawing permafrost are causing the region to release more carbon dioxide than its plants remove, probably for the first time in thousands of years

S Korea's Yoon defiant after impeachment

PM Han Duck-soo becomes acting prez, assures 'stability'

When they hear plants crying, moths make a decision

A new study suggests the insects rely on sounds made by distressed vegetation to guide reproductive choices