Tata Steel posts profit in Q3 even as Europe ops bleed

China's exports hit global steel prices as well as profitability, Tata Steel CEO Narendran says

Tech Mahindra misses Q3 profit view

Tech Mahindra posted a 60.6% drop in third-quarter net profit on Wednesday, missing estimates as clients continued to hold back spending in communications and banking segments.

Azim Premji gifts Wipro stock worth 500 crore to sons

Wipro Ltd's founder chair Azim Premji has given a little over 10 million shares, worth about 500 crore, as gift to his two sons, Rishad and Tariq, according to data from the stock exchanges.

Axis Bank's credit, NIM view tight

Axis Bank's December quarter (Q3FY24) results have more or less met analysts' expectations. But its A muted outlook on loan and deposit growth in tandem with rising costs pushed the stock down by around 3% on Wednesday.

Cracks emerge in Oberoi Realty's pre-sales momentum

Oberoi Realty Ltd's shares have plummeted as much as 13% in the past two trading sessions.

Market bonanza: Sensex, Nifty rally 1% amid metal, tech surge

Equity benchmark indices Sensex and Nifty rebounded sharply by 1% on Wednesday after sliding for the past two sessions, propelled by bargain hunting in metal, commodity and telecom stocks.

HPV jab averts cervical cancer

A single-dose human papillomavirus vaccination (HPV), especially given to adolescent girls in the age group of 10-14 years, can help prevent cervical cancer, says a new study published in the journal Human Vaccines and Immunotherapeutics.

€8,500 crore VGF for coal gasification gets govt nod

Investment by Coal India Ltd for setting up coal gasification JV also got approved by CCEA

Cut deficit to 5.4% in FY25: Ind body to govt

The government should stick to its fiscal deficit target of 5.9% in the current financial year and aim to narrow this to around 5.4% in FY25, a goal that would require boosting revenue receipts and rationalizing spending, industry lobby Confederation of Indian Industry (CII) said.

FPIs get a breather on disclosure rules

Exemption for some FPIs, investments in widely owned firms

MNCs tapped for GCCs in GIFT City

The central government is keen to have foreign banks and multinational companies (MNCs) in India set up global capability centres (GCCS) at the GIFT City in Gujarat, counting on their ability to generate jobs, three people aware of the matter said.

India's FTA talks with UK, EU may skip carbon tariff

India's free trade talks with the UK and European Union (EU) may skip the vexed carbon tax matter in an attempt to fast-track the trade deals, three people aware of the matter said.

China's Desperate Realty Developers Turn To Bizarre Marketing Tactics

The country's real-estate slump is getting worse and looks set to drag on for years

Direct Tax-GDP Ratio Hits Record High In FY23

Direct tax revenue as a share of gross domestic product (GDP) touched a record 6.1% in FY23 amid a strong growth in mop-ups and an increase in the number of taxpayers, the Central Board of Direct Taxes (CBDT) said on Tuesday.

'New GST rate has sent sector back by months'

The gaming industry had an eventful 2023. First, the ministry of electronics and Information Technology (MeitY) emerged as its nodal ministry, offering a clear, designated channel for industry interaction. Then came a big setback with the sharp increase in GST rate.

Houthis Vow To Hit Back At Joint US, UK Strikes

US-UK statement says latest raids hit eight Houthis targets; Houthis list 18

Selfie habits have gone beyond casual pictures for social media

Online self-projections in every possible way, no matter how inauthentic, seem to be the new order

The Zee-Sony deal was doomed from the start

The proposed merger was odd, with its majority owner not assuming executive control. An agency problem' risk of leadership and ownership interests going out of whack was averted

The Zee-Sony split may mean less choice for TV advertisers

Market dominance by a Reliance-Disney-Star union looks likely

Economic forecasts have again had their reliability questioned

Theres a case to rely more on alternative approaches and subjective human judgement as a complement to existing models

Eng tour of India: Part II of Bazball versus the Wall

How will the attacking mindset of England pan out in India against a redoubtable spin trio of Ashwin, Jadeja and Yadav?

Burmans get CCI approval to buy stake in Religare

The Competition Commission of India on Tuesday gave its approval for the acquisition of a 5.27% stake in Religare Enterprises by entities controlled by the Burman family, as well as a subsequent open offer to buy up to another 26% of the financial services firm.

Cos to spend $150 bn on GenAl

Despite challenges, enterprise adoption of generative AI is set to grow in the next three years, says Moody's

Cheaper loans in rural areas to lift sales: Hero

Hero MotoCorp to introduce three new e-scooters in 2024-25

OTT superstars driving streaming platform decisions

A handful of top OTT stars, who are now seen across premium web originals, have gained so much popularity over the past few years that streaming projects are being mounted on their names.

Oxford ends TCS deal over tech issues

Oxford University has severed its partnership with Tata Consultancy Services (TCS) Ltd as its admission test provider, citing \"technical problems\" following feedback from candidates, test centres and parents.

MakeMyTrip spent 542 cr to retain its users in Q3

Customer inducement costs for US-listed travel major MakeMyTrip shot up considerably by 8.7% to reach nearly 542 crore, or $66 million, in the third quarter ended December 2023.

Funding winter for Indian startups may end this year'

The prolonged funding slump affecting Indian startups is showing signs of abating and could potentially end as early as this year, according to Anand Lunia, founding partner of venture capital firm India Quotient.

Axis Bank expects growth in personal loans to continue

Private sector lender's personal loans segment grew 28% y-o-y to 265,083 crore as on 31 Dec

Groww set to halt US investment from Feb

India's largest stock broker by volume, Groww recently announced a halt in its US stocks investment service. In a communication to customers, Groww said that new investments in US stocks would cease after 27 February 2024.