CATEGORIES

Two-wheelers race ahead in Nov

The two-wheeler category outperformed other automotive segments in November, with companies clocking a robust year-on-year volume growth.

Bioenergy, exports to drive Praj Industries' revenue growth

Praj Industries Ltd's investors find themselves in a sweet spot with its shares rising by almost 67% in the past six months. The company aims to triple its revenue by FY30, it said in an analysts meet.

Acquisitions on the horizon in real-money gaming sector

India's nascent real-money gaming industry is going through a phase of consolidation, with larger firms looking at smaller startups that may help improve the former's net user base, and in the long run, revenue.

The Sleep Company raises ₹184 crore in Series C funding

The Sleep Company, an omnichannel leader in T the comfort-tech business, has raised ₹184 crore in Series C from existing investors Premji Invest and Fireside Ventures.

R&D spends of Indian IT majors on a decline

Lower R&D spending underscores the challenges faced by tech leaders

Over 70 GST notices issued to online gaming firms, ₹1.1 tn due

Online gaming companies have been issued 71 show cause notices relating to Goods and Services Tax (GST) in FY23 and in the current financial year up to October, minister of state for finance Pankaj Chaudhary informed the Rajya Sabha on Tuesday.

UN agency cites worrying warming trend

The United Nations agency is weather reporting that glaciers shrank more than ever from 2011 and 2020 and the Antarctic ice sheet lost 75% more compared to the previous 10 years, as it released its latest stark report about the fallout on the planet from climate change.

Farm fires subside but Delhi air quality remains perilous

Weather patterns probable cause of persisting air pollution problem in national capital region

'India to be world's third-largest economy by 2030'

India will remain the fastest-growing major economy for at least the next three years, setting it on course to becoming the world's third-largest economy by 2030, S&P Global Ratings said in a report.

Nov services activity rises, but at slower pace: Survey

India's services sector activity expanded in November though at the slowest pace in a year, prompting businesses to maintain a positive outlook for the next 12 months. However, concerns about inflation are still high on their minds, a private survey showed.

Adani upswell adds 65% to Tuesday's stock market gain

The Adani group was the star of the stock markets on Tuesday, with its 10 listed companies contributing over 65% of the day's overall market gains.

Hub tailwind likely for Indian airlines

Hub policy lays ground for competitive fares by domestic carriers

World Bank Seeks To Lower Risk Of Investing In Climate Projects

Multilateral lender is eyeing the creation of a securitizable asset class to allow investments of large sums

RBI May Keep Rates Unchanged, Raise GDP Forecast: Poll

MPC may lift its FY24 growth forecast from 6.5% to 6.7-6.8%, after the economy grew 7.6% in Q2 against the 6.5% estimate

Israel Presses For Gaza Evacuations As US Calls For Restraint

The Israeli defence forces on Sunday instructed Palestinians to abandon areas near Khan Younis

Cop28 Gets $777 Mn To Fight Tropical Diseases

The burden of tropical diseases is expected to worsen as the world warms

There is an economic case for refining liberal arts education

The critical thinking that it fosters among students is important

Munger, Kissinger and rat-miners pushed trust into conversations

Even sectoral regulators have recognized the importance of trust. Let's hope it's an enduring concern and not a passing fancy

Look beyond headline performance measures

Faster than expected second-quarter GDP growth must not detract from the challenge of enlarging India's economy equitably. Sustaining rapid expansion will demand as much

Why PPFAS stopped taking investments from US, Canada

Indians residing in those countries can, however, invest in the funds through their NRE and NRO accounts

DAMNED BY OUR DAMS AS SAFETY ISSUES SWIRL

The country has over 6,000 large dams. And a staggeringly large number of them are ageing

Central schemes unlikely to be revamped before 2024 polls

Govt may take a relook at some of the schemes started during the covid-19 pandemic

'India's tech certifications offering biz opportunities'

Dell also expects the first wave of gen AI enterprise projects to reach maturity levels next year

IITs wary of recruiters delaying joining dates of students

Mostly, it had been cos with large exposure to the US economy that had delayed joining dates for the class of 2023

Piramal Group to fund facility for mid-level govt exec training

The Piramal Group will set up the Piramal School of Leadership at Jaipur in Rajasthan with an aim to train mid-management executives of key departments of states as well as the Centre.

TSI gets ₹200 cr via credit fund

Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction, a top executive said.

Goa eyes overseas arrivals after surge in domestic visitors

Goa has also placed to the Centre for 'digital nomad' visas for foreign tourists in India for a short period a proposal

'We are at the healthy beginning of a IPO cycle in India'

Corporate India has often been praised by investors for maintaining a stronger cash position and for being debt-free, Subhrajit Roy, managing director and head of global capital markets, Bank of America, said in an interview. He anticipates an acceleration in capital markets activity in 2024, in view of the deleveraging of corporate balance sheets and restarting of the capex cycle. Edited excerpts:

Yield hunt is finally back on for buyers in emerging mkts

Across Wall Street, analysts and investors had cheered 2023 as the year of emerging markets, only to be burned by a relentless climb in US Treasury yields. Now, as the Federal Reserve looks set to end its most aggressive monetary tightening campaign in a generation, they're at it again.

Zomato leads even as Swiggy closes in

While fans were disheartened with the outcome of the ICC Men's Cricket World Cup 2023, a certain section has benefitted. The sporting event is likely to have boosted food ordering, benefiting companies such as Zomato Ltd and Swiggy.