CATEGORIES

GQG's initial bets on Adani firms hit $4.3 bn in value

STAR INVESTOR Rajiv Jain's maiden bet on four Adani Group companies has yielded gains of about $2.4 billion as the conglomerate rebounds after a damaging short-seller report last year.

Netflix India's FY23 revenue grows 24%

STREAMING SERVICE NETFLIX'S India arm - Netflix Entertainment Services India LLP - saw a 24% year-on-year growth in its FY23 revenue to ₹2,214 crore.

Ola Cab parent posts 42% surge in revenue

Losses nearly halve to ₹772 cr in FY23 from ₹1,522 cr in FY22

JSW Group starts process for listing its cement unit

SAJJANJINDAL-LED JSW Group has initiated the process for an initial public offering (IPO) of JSW Cement, with plans to raise about ₹6,000-crore, which would be the largest in the sector.

Duty cut may boost India's phone exports to $39 bn by 2027: ICEA

REITERATING THE DEMAND for reduction in tariffs and duties on components and subassemblies imported for making smartphones in India, the India Cellular and Electronics Association (ICEA) on Wednesday said such a reduction in input tariffs could increase the country's smartphone exports by nearly four times to $39 billion (around Rs 3.2 trillion) by FY27, from $11 billion (Rs 90,000 crore) in FY23

Untapped potential driving 2W makers to used market

Royal Enfield latest to explore this segment

Pharma, duty relief restoration to top India-US trade forum agenda

THE TRADE MINISTERS of India and the US will meet in New Delhi on Friday to discuss pending issues between the two trading partners after having bilaterally resolved several major disagreements that had reached the dispute settlement body the World Trade Organisation.

CPI inflation may hit 4-month high of 5.9%

INDIA'S RETAIL INFLATION based on the consumer price index (CPI) likely rose to a fourmonth high of 5.9% in December.

Exporters fear business loss from F protracted tensions in Red Sea

No consignment rejection so far, but concerns over fresh orders

FM: India poised to be 3rd largest economy by FY28

FDI push yielding results, inflows robust

Need dispute-free land at fair price for new plant: Bhargava

MARUTI SUZUKI, WHICH Wednesday signed a memorandum of understanding with the Gujarat government for setting up a new plant with a production capacity of 1 million units annually, wants litigation-free land at an appropriate price.

Reforms boosted economic resilience: Modi

PM exhorts nations to identify common goals work together on them

Mumbai to bridge the gulf tomorrow

SANJAY DUTT, MANAGING director of Tata Realty & Infrastructure, is looking forward to Friday (tomorrow) when Prime Minister Narendra Modi inaugurates the 21.8-km Mumbai Trans Harbour Link (MTHL), which will connect Sewri in South Mumbai to Chirle near Navi Mumbai.

Nasdaq holds overseas listing talks

US STOCK EXCHANGE Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list directly on foreign stock exchanges, a senior Nasdaq executive said.

More global brands to make India entry

Large groups such as Reliance and Aditya Birla open to partnerships

Vibrant Gujarat: India Inc loosens the purse strings

Tatas, Reliance, ArcelorMittal join investment queue

From Kolkata basti to Dallas rugby club

\"THE FIRST TIME I saw a rugby ball, as a 10-year-old, I was so excited because I thought it looked like a dinosaur's egg. I couldn't stop laughing,\" says Akash Balmiki.

'Future of Indian classical music' falls silent at 55

Yaad EVERY TIME USTAD Rashid Khan sat down to performanywhere in the world, those present had one demand piya ki aaye, ye dukh saha na jaaye,haaye ram (The memories of my beloved haunt me, Alas, I cannot bear this grief) - the famed thumri by Kasur-Patiala gharana doyen Ustad Bade Ghulam Ali Khan that remains the leitmotif to his mention.

ED chargesheet names Rabri, two daughters

THE ENFORCEMENT DIRECTORATE (ED) on Tuesday named former Bihar chief minister Rabri Devi and her daughters, Rajya Sabha member Misa Bharti and Hema Yadav, in its first chargesheet in a money laundering case linked to the alleged land-for-jobs racket.

Ex-Pak PM Imran Khan arrested in connection with attack on army HQ

JAILED FORMER PRIME minister Imran Khan was on Tuesday arrested in a case related to the attack on the Pakistan Army headquarters in Rawalpindi on May 9 last year, soon after his release warrant was issued in the cipher case.

Samsung profit falls 35% as chip weakness persists

SAMSUNG ELECTRONICS POSTED its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over the timing of a broader tech recovery.

Blinken calls on Israel to build ties with Arab nations

US SECRETARY OF State Antony Blinken on Tuesday urged Israel's leaders to avoid civilian harm in the war in Gaza and maintain a path towards the creation of Palestinian state, at meetings with Prime Minster Benjamin Netanyahu and his war cabinet.

Gabriel Attal is France's youngest, first openly gay PM

GABRIEL ATTAL PROMISED to be bold and act fast to help the middle class whether the rising cost of living, after President Emmanuel Macron, seeking to breathe new life into his second term, on Tuesday made him France's youngest-ever prime minister.

Private credit has more reasons to thrive in Asia

THE FEDERAL RESERVE'S rapid interest rate hikes in 2023 and tough regulations on banks have put private credit on the road map to becoming an asset class in its own right.

Bajaj Auto rides to record high after buyback announcement

SHARES OF BAJAJ Auto jumped 6.21% intra-day to hit an all-time high of 7,420 on the NSE on Tuesday after the board of directors on Monday approved a ₹4,000-crore share buyback at a price of ₹10,000 apiece through the tender offer route and on a proportionate basis.

Life insurers post 8.7% APE growth

THE LIFE INSURANCE sector reported a growth of 8.7% in annualised premium equivalent (APE) for December, with the private players turning in a good show with a rise of 11.4% in retail policies.

India Inc takes bigger forex risk in 2023

IMPORTERS AND EXPORTERS left a bigger portion of their foreign currency exposures unhedged in 2023, relying on the Reserve Bank of India (RBI) holding the rupee in a narrow range.

Amid job losses, high-level churn, tech firms appoint new HR heads

AS THE TECH and startup industry struggles with issues like delayed onboarding of freshers, lack of enough employees on the bench, layoffs and a massive churn at senior leadership levels, new HR heads have been appointed in companies like Tech Mahindra, Cognizant, Infosys, Mphasis, KPIT, Byju's, Freshworks and others.

Mobileye to provide driver assistance tech to M&M

MOBILEYE GLOBAL WILL supply advanced driver assistance technology for Mahindra & Mahindra's next-generation vehicles, as it eyes growth in India's auto market.

BluSmart shifts gears, starts surge pricing

GURUGRAM-BASED ALLELECTRIC TAXI startup BluSmart has announced that it will introduce a new pricing structure, marking out 'rush hour' parts of a day, when fares will be slightly higher, and the remaining part of the day, 'relaxed hour, when fares will be regular or reduced.