InvAscent aims to sell stake in Aizant Drug

The stake-sale deal is expected to value the drug firm at 350-4.00 million

Focus on provisions, capital in draft bank dividend norms

The Reserve Bank of India (RBI) on Tuesday issued draft norms on declaring bank dividends, laying down eligibility criteria and guidelines on board oversight.

Truck strike: Solution in sight as govt extends olive branch

Govt says truckers will be consulted before finalizing code, asks drivers to return to work

Markets turn choppy as domestic investors book profits

Sharp volatility gripped the indices, which swung wildly between high and low on Day 2 of the new year, as DIIs and retail/HNI (high networth individuals) booked profits and FPIs purchased shares at the lows.

Rally in tech stocks faces earnings test

The rally in technology stocks in India may face a speed bump next week as companies report their December-quarter earnings in the face of rising scepticism among analysts.

Markets turn choppy as domestic investors book profits

Sharp volatility gripped the indices, which swung wildly between high and low on Day 2 of the new year, as DIIs and retail/HNI (high networth individuals) booked profits and FPIs purchased shares at the lows.

States' debt cost crosses 7.7%; spread with G-Secs over 50 bps

At the first weekly auction of the last quarter of 2023-24, the states saw their interest burden sharply rising to cross the 7.7 percentage mark on Tuesday, leading to the spread between cut-off of 10-year state bonds and the G-Sec yield crossing the 50 basis points mark for the first time in two years.

Should Coal India's investors worry, after a stellar rally in stock?

Coal India Ltd (CIL) has kicked off 2024 with a bang. Shares of the mining major hit a new 52-week high for the second consecutive day on Tuesday.

Two-wheelers may race ahead in 2024

The Nifty Auto index gained considerably in 2023, emerging as the second-best performer among sectoral indices, rising nearly 48% vis-à-vis the Nifty 50 index's 20% gains.

Ansapack picks up strategic stake in Rich Printers

Pharma packaging solutions provider Ansapack Pvt. Ltd has acquired a strategic stake in Rich Printers Pvt. Ltd through its folding carton division, Ansa Folding Carton. Rich Printers offers offset printing as well as other services across sectors.

Cult.fit acquires India biz of US fitness chain

It bought the remainder 40% stake in Gold’s Gym operator for 790-100 cr

Indian tea exports slump to $531 mn during April-November 2023

India saw a slump in its tea export earnings during April-November 2023 amid regulatory challenges in Iran, a large market, and due to the ongoing Ukraine crisis impacting exports to the CIS (Commonwealth of Independent States) and Western European region, latest data from the commerce ministry showed.

France, Germany to fund AMRUT mission

France's development agency AFD and Germany's KfW Bank are in talks with India to provide ₹100 million loan to fund the country's urban infrastructure plan, AMRUT mission, according to persons aware of the matter.

India building coal stocks for summer

The government is preparing to build up India's coal stocks to meet high demand for power in the April-June period in 2024, as summer arrives in an election year.

India's pulses imports rise 40% in 2023 as output falls

Surge in imports can be attributed to anticipated lower production for 2 consecutive crop years

Ola Electric wins 40% share in Dec, offers to stay

Ola Electric stormed past the 40% market share milestone in electric two-wheeler sales in December, driven by deep discounts and an extensive offering of aggressively priced e-scooters at multiple price points.

OVL works on oil-for-dividend deal with Venezuela

ONGC Videsh Ltd (OVL) is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million, two people aware of the development said.

Extra flying rights, but with caveats

Govt wants to encourage point-to-point traffic on int'l front

Lessons In Economics From The IPL Auction

Teams spent big money at the December auction. Information, potential and recency effect played their part

Expand India's Economy But Not As An End In Itself

Our robust macro data hides a disquieting micro story that should be addressed in 2024. The government and central bank ought to ensure that faster growth is more equitable too

Four elections and a rate cut: The world is in for an exciting 2024

Known unknowns and events in the political as well as economic arenas could combine in multiple ways to yield surprises

Living and leading with emotional intelligence

Suppressing emotions can lead to physical and mental illness. Feeling and managing one's emotions and that of a team is a leadership skill

Four DIY tools to aid post-workout muscle recovery

No time to stretch or get a sports massage? Here are some alternatives

What to do to counter the danger of sitting for hours

Backaches are the most common outcome of spending hours at a desk. Here's how to prevent it while continuing to work

This educational idea can take on a youth mental health crisis

A new academic focus in America on the problem holds promise

Adani hires global team for Mumbai's slum redevelopment

The Adani Group has brought leading global experts in city planning, including architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold, on board for the ambitious Dharavi redevelopment project in Mumbai.

₹766 cr sanctioned for projects in NE

NEDFi has set up the north-east venture fund to foster start-ups in the region.

'In ad-tech, be agile & pragmatic'

In a dynamic landscape of digital transformation, Madison World, the Indian integrated communications major, has strategically tapped into the expertise of Rob Norman.

Vi stock up 28% amid report of govt stake sale to Starlink

Sebi has sought a clarification from the telecom services provider on the development

Beware market's optimism bias

It's a new year and there are new hopes.