Business Standard - March 08, 2025

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March 08, 2025

CCI Proposes Curbs on Market Investments by Employees

The Competition Commission of India (CCI) on Friday released draft code rules that propose restrictions on investments by its employees and their dependent children in commodity derivatives, equity and equity-related instruments, and initial public offerings, among others.

1 min

Sebi board to reveal 'conflicts of interest' to public: Pandey

The Securities and Exchange Board of India (Sebi) will soon make public disclosures on \"conflicts of interest\" of its board to ensure transparency and build trust in the market, Chairman Tuhin Kanta Pandey said on Friday.

2 mins

US pushes India for a macro trade deal, not tariff tinkering

US commerce secy says agri can't be off the table for talks

2 mins

Women startups fail to keep funding winter at bay

As India marks another International Women's Day, the landscape for women-led tech startups remains largely unchanged.

2 mins

Cross-border data transfer: Nasscom, USIBC against ban

Industry body Nasscom has opposed government's plan to restrict cross-border data transfer by significant data fiduciaries, asserting that the proposal in the draft Digital Personal Data Protection (DPDP) Rules \"risks causing unintended uncertainty on international data transfers.\"

1 min

Samsung's Strike at Chennai Plant Ends

A month-long strike at Samsung India's manufacturing unit in Sriperumbudur ended on Friday, after multiple rounds of talks between the management and the union.

1 min

India is Nielsen's biggest engineering base: CEO

Audience-measurement company Nielsen is looking to strengthen its technology base in India by hiring engineers in large numbers, given the challenges thrown by Big Tech consolidating data and the multiple channels of content viewing.

1 min

Discounts May Lure Car Buyers to Showrooms

Price cuts in March range from ₹35,000 to ₹4 lakh

2 mins

EV Sales Skid 2% in February: Fada

Electric vehicle (EV) sales fell 1.9 percent year-on-year (Y-o-Y) and 18.2 percent month-on-month (M-o-M) to 139,026 units in February, according to data from the Federation of Automobile Dealers Association (Fada).

1 min

Forex kitty down by $1.78 bn

FOREX RESERVE ($ bn)

1 min

Banks cut high-cost deposits to protect margins

Scheduled commercial banks' outstanding deposits fell by ₹40,963 crore to ₹228.84 trillion in the fortnight ended February 21, 2025, after growing by ₹2.08 trillion in the previous fortnight (February 7, 2025).

1 min

Increasing obesity in rural women linked to sedentary lifestyles, processed foods

Experts cite disrupted sleep cycles, multiple pregnancies among several factors behind rise

2 mins

J&K Budget focuses on fiscal discipline, revenue boost

Jammu and Kashmir Chief Minister Omar Abdullah on Friday announced a series of economic and tax reforms aimed at boosting revenue, infrastructure development, and social security while ensuring fiscal prudence.

1 min

North Trails Rest of India in Women's Fin Inclusion

Large states in the region are laggards

2 mins

CPSEs Set to Meet Capex Target 3rd Year in Row

The capital expenditure (capex) of 58 central public sector enterprises (CPSEs) under 17 ministries is set to surpass the full year target for the third consecutive year in financial year 2024-25 (FY25).

1 min

Govt notifies scheme to make co-op sugar mills loan eligible

In a move to enhance the economic viability of cooperative sugar mills and boost ethanol production, the Centre has notified a scheme allowing them to access subsidised loans for converting existing sugarcane-based ethanol distilleries into dual-feed units.

1 min

Firms may tap overseas market to raise funds

Central bank's buy-sell swap strategy incentivizing corporates to raise funds abroad

2 mins

Fundraising by India Inc via bonds go past ₹1 trn in Feb

Despite rising yields, firms rush to raise funds, pushing FY25 issuances to a new record

1 min

Exim Bank shares input on potential tariff hit with Centre

The Export and Import Bank of India (Exim Bank) held discussions, and provided inputs to the government on the potential impact of the reciprocal tariffs being imposed by the US from April 2.

1 min

Revenues from fan engagement in sports likely to jump by FY29

As the Men in Blue marched into the finals of the ICC Champions Trophy 2025, 669 million peak concurrent viewers on JioHotstar (erstwhile Disney+ Hotstar) rejoiced.

1 min

Exim Bank shares input on potential tariff hit with Centre

A ballet between the elephant and the dragon contributing to each other's success is the \"only right choice\" for India-China relations, Foreign Minister Wang Yi said on Friday as he acknowledged positive strides in bilateral ties after the end of the military standoff in eastern Ladakh.

2 mins

IndusInd Bank MD & CEO gets 1-yr extension

Bank had sought a 3-year tenure

1 min

RBI's post-Covid gold addition 2nd highest globally

Some international peers have scaled back on buys

2 mins

Full-scale launch of DakPay by mid-FY26

R VISWESVARAN, managing director and chief executive officer (MD & CEO) of India Post Payments Bank, says transition to small finance bank will help margins but operational cost for small ticket loans are very high. He spoke to Manojit Saha in an exclusive interview. Edited excerpts:

3 mins

Oil ministry to pursue $2.81 bn demand from Reliance

Petroleum and Natural Gas Minister Hardeep Singh Puri on Friday said his ministry will pursue its demand for $2.81 billion from Reliance Industries and its partners till the end as the court decision on the gas migration row clearly establishes the government's rights.

1 min

CCI Issues Draft Norms on Conduct of Employees

\"No employee shall make any direct or indirect investment in commodity derivatives, equity and equity-related instruments, including convertible debentures and warrants, except units of mutual funds, non-convertible bonds, non-convertible debentures, initial public offerings, and rights issues in respect of shares already held by them,\" the draft rules said.

1 min

WTC group fraud case: ED arrests promoter Ashish Bhalla

The Enforcement Directorate (ED) has arrested Ashish Bhalla, promoter of WTC group of companies on March 6, in a case of real estate fraud and cheating of more than ₹1000 crore.

1 min

India's high tariffs call for rethinking of ties: US commerce secretary

\"How you treat us is how we would like to treat you... India has some of the highest tariffs in the world, and that will require a rethinking of the relationship, the special relationship, between India and the US,\" Lutnick

1 min

Both domestic, foreign capital needed to support growth: Sebi chief

Pandey highlighted the need for regulatory bodies and corporations to uphold the highest standards of governance, disclosure, and ethical practices.

1 min

Ola Electric Stores See Raids, Seizures

Ola Electric Mobility Ltd.'s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble.

1 min

Pune eatery allowed to use 'Burger King' brand name

The Supreme Court on Friday allowed a Pune-based eatery from using the name 'Burger King' until the Bombay High Court decides the matter.

2 mins

Tata Power arm set to invest ₹49K cr in RE projects in Andhra

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, has signed a deal with Andhra Pradesh to explore opportunities to develop up to 7 gigawatts (Gw) of renewable energy — including solar, wind, and hybrid projects with or without storage solutions.

1 min

Women Shatter Glass Ceiling as Real Estate Investors

Women investors are raising their share of purchases in India's residential as well as commercial real estate market despite its unorganized nature, lack of general awareness among them, and near-absence of aggregators that can provide a platform for investment in realty.

2 mins

India 'working closely' with US for Tahawwur Rana's extradition

India on Friday said it is working closely with the US to complete the necessary formalities for the extradition of Tahawwur Rana, a key plotter of the dastardly 26/11 Mumbai terror attacks.

1 min

India concerned over release of 'violent extremists' in B'desh

India on Friday voiced concern over Bangladesh releasing certain \"violent extremists\" and underlined that it is the responsibility of the interim government in Dhaka to protect Hindus and other minorities as well as their religious institutions.

1 min

Athena moon lander declared dead after off-kilter landing

Intuitive Machines shares sank after it ended a lunar lander mission early following a flawed landing, marking a second setback for the company after suffering a similar problem last year.

2 mins

Trump threatens sanctions, tariffs against Russia over Ukraine pounding

US President Donald Trump said on Friday that he is \"strongly considering\" imposing sanctions, including ones on banking, and tariffs on Russia until a ceasefire and peace agreement is reached with Ukraine.

1 min

US Prez writes to Iran to negotiate nuclear deal

US President Donald Trump said he wants to negotiate a nuclear deal with Iran and sent a letter to its leadership this week suggesting talks with the Islamic Republic, which the West fears is rapidly nearing the capability to make atomic weapons.

1 min

China foreign minister blasts Trump's 'two-faced' policies

Calls US tariffs 'evil'

2 mins

Trick or retreat

Itis fashionable to curse Rajiv for Bofors and more, but the truth is that1985-89 was the only period in our history when weapon acquisitions were proactive and futuristic

5 mins

Trick or retreat

It is fashionable to curse Rajiv for Bofors and more, but the truth is that 1985-89 was the only period in our history when weapon acquisitions were proactive and futuristic

5 mins

Ukraine peace talks require a real US security guarantee

Don't be distracted by whatever \"minerals deal\" the US and Ukraine may or may not hash out in the coming weeks, for it will not address the main obstacle to the kind of cease-fire between Russia and Ukraine that US President Donald Trump so badly wants to broker. That question is: How can third-party guarantors credibly assure the security of Ukraine after an armistice?

3 mins

Imperator of Mars

Elon Musk made his stage debut at a campaign rally alongside Donald Trump on October 5 at the Butler, Pennsylvania, rural farm showground.

3 mins

A gift that keeps giving

Yesterday, Intuitive Machines (IM), a private company based out of Houston, Texas, landed an unmanned vehicle, Athena, on the Moon.

3 mins

Donald Trump Defies Assumptions

American President Donald Trump's second administration has, in a few short weeks, made it obvious that it will be nothing like the first.

3 mins

Women leading firms still scarce: Study

About 97 per cent of the listed companies have at least one woman director, but women hold only 21 per cent of directorship positions, according to a study conducted by PRIME Database Group ahead of International Women's Day.

1 min

Sebi warns Nestlé over insider trading norm breach

Market watchdog Securities and Exchange Board of India (Sebi) has issued a warning letter to FMCG major Nestle India over alleged violation of insider trading norms by a senior official of the company.

1 min

SIP ticket size of women investors higher than men

Women investors' average systematic investment plan (SIP) ticket size at ₹1,300 is 22 per cent higher than the amount invested by men, according to a PhonePe Wealth report.

1 min

Mkts end flat on trade war worries

Equity benchmark indices Sensex and Nifty surrendered early gains to close almost flat in a highly volatile trade on Friday as uncertainties over the global trade war sapped investor's risk appetite.

1 min

Correction, growth hopes may limit downside in Aditya Birla Fashion

Apparel major Aditya Birla Fashion and Retail (ABFRL) had the weakest revenue print in the December quarter of the current financial year (Q3FY25) among listed apparel retailers.

2 mins

AIF commitments top ₹13 trillion as HNIs prefer diversification

Alternative investment funds (AIFs), a niche investment vehicle catering to the affluent class, reached a total investment commitment of over ₹13 trillion till December 2024, marking a 5 per cent quarter-on-quarter increase, according to data provided by the Securities and Exchange Board of India (Sebi).

2 mins

Expiry-day shift sets off fresh competition among bourses

The expiry day for derivatives contracts has become the latest point of contention between India's two largest stock exchanges—the National Stock Exchange of India (NSE) and the BSE.

2 mins

Five Mantras for women to take charge of their own finances

Ayesha Singhal (name changed on request), 25, a single working woman from Delhi, began investing a few years ago. On speaking to a financial advisor recently, however, she realised that there are several flaws in her approach.

2 mins

Bullish outlook puts RIL back in the reckoning

Brokerages upgrade target price, expect retail segment to recover

3 mins

THE BOOKKEEPER

An engineer with a business degree, Murray entered the publishing world when it was going through a digital shift. Today, he faces another tech-tonic moment, writes Veenu Sandhu

5 mins

Ad rates for India-NZ final match soar 40%

The television advertisement rates for the International Cricket Council (ICC) Champions Trophy 2025 match—to be held on Sunday—surged 40 per cent after India qualified for the finals.

1 min

Myths around women at work

It will be a good day when we don't need the kind of book that is being reviewed in this space today.

4 mins

Restaurants, pubs eye surge in sales on Super Sunday

With the men in blue only one step away from lifting the coveted ICC Champions Trophy, restaurants and pubs across the country are gearing up for a bumper sales day on Sunday.

2 mins

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