CATEGORIES

Trent's dapper growth is the showstopper, but stock's pricey

At a time when many consumer-focused companies are finding it hard to lift their revenue growth adequately, Trent Ltd saw another stellar quarter.

Wanted: A new spark for DLF stock

DLF Ltd, the poster boy of D the post-pandemic K-shaped economic recovery, is on solid ground. In the September quarter (Q2FY24), pre-sales or bookings rose 9% year-on-year to ₹2,228 crore, with a majority of the bookings accruing from existing projects. There were no material new launches in Q2.

Samsung tests AI chatbot for use in its smartphones

Samsung Electronics Co. is testing a generative AI model named \"Gauss\" after a 19th-century German mathematician, joining the growing ranks of companies hoping to create rivals to ChatGPT.

Eris to acquire 2 Biocon Bio units for ₹366 crore

Nephrology, dermatology units have 20 brands with ₹90 cr FY23 revenue

CEA pushes for vehicle-to-grid reverse charging

The Central Electricity Authority (CEA) has suggested standardization and interoperability in the electric vehicle (EV) charging ecosystem for vehicle-to-grid (V2G) reverse charging.

Top India, US ministers to hold 2+2 dialogue on Friday

The India-US 2+2 dialogue of defence and foreign ministers on 10 November will be an opportunity to take forward the \"futuristic roadmap\" for the partnership, the external affairs ministry said on Wednesday.

'Germany keen on 2024 India visit for Chancellor Scholz'

Germany is keen to have Chancellor Olaf Scholz visit India in October 2024, according to persons aware of the matter. The visit is expected to coincide with the Asia Pacific Conference of German Business.

Goyal to meet Musk in US to streamline Tesla entry talks

Parleys to centre around Tesla's plans to set up factory and charging infrastructure in India

US court backs lenders' action in Byju's Alpha

The Byju’s lenders’ consortium appointed a director on an SPV that borrowed $1.2 billion for the edtech giant in the US, and removed Riju Raveendran from the SPV’s board

Acme appoints EY to sell InvIT stake

Acme Group has mandated EY to sell up to A 51% in its proposed infrastructure investment trust (InvIT) for around $1.3 billion (around ₹10,800 crore), two people aware of the development said, in what may rank among the largest green energy deals in India.

Suspicion over JKC's funding casts shadow on Jet revival

The Jalan Kalrock consortium's (JKC) source of funds to acquire Jet Airways (India) Ltd has become the latest flashpoint in the airline's tortured path to recovery.

US invests $553 mn in Adani's Sri Lanka port to check China

The US will provide $553 million (around ₹4,600 crore) in financing for a port terminal in Sri Lanka's capital being developed by billionaire Gautam Adani, as New Delhi and Washington look to curtail China's influence in South Asia.

Govt to budget record ₹12.5 tn capex in FY25

Robust tax revenue has given the Centre more space to boost spending

Smartphone Sales Flat In September Qtr

India’s smartphone market posted almost flat year-on-year growth during the second quarter of 2023-24, with shipments of 44 million units. Besides, shipments in September was the lowest since 2019, with falling demand and high prices restricting growth.

Dating Apps Hook Users With Celebs, Web Shows

Dating apps are leveraging celebrities, movies and web shows to spark conversations and engage users, stepping beyond traditional advertising channels to widen their market. The platforms are using a mix of videos, images, text, and illustrations to drive their social media strategies on platforms such as Instagram and YouTube.

ODI cricket reclaims its glory

The World Cup has proved that a T20 approach to the 50-over game does not work. This is why India is thriving

It is time for a single QR code for payments across the world

Major Asean economies are linking QR codes for digital transfers

India's AI transformation: From farming to factories and beyond

AI can empower people to be their creative best by working as a companion that frees up bandwidth for human ingenuity

Our geo-economic spiel calls for adaptive policy

China's first FDI deficit reflects global-value-chain rejigs that have given India a big chance to pitch itself as the world's next big factory. Keep policy choices flexible to aid this strategy

HOW MARUTI RACED TO NO.1 IN THE 'SUV' LANE

The company, renowned for its small cars, is counting on SUVs to recoup lost ground in the passenger market

Big Tech to face tougher rules on political ads in EU

The new blocwide rules will apply 18 months after they come into force, which is expected to be in 2025

Israel to manage Gaza security 'indefinitely'

Israel is waging an offensive that it says is aimed at destroying Hamas

Mizoram, Chhattisgarh vote in start to election season

Stray incidents of clashes reported in sensitive Bastar region of Chhattisgarh

Intel bets on making in India

Digital India, Make in India initiatives driving momentum for domestic tech spending, says MD Viswanathan

Mixed bag for Uber as revenue growth slows, profit rises

Uber's rideshare business continued to expand faster than analysts expected in the third quarter

'Acquiring grounded planes in India is a major struggle'

Grounded plane is metal with corrosion, says Challenge Group, which won bid for 3 Jet planes

E-comm firms put gag on celebrity endorsers

Ambassadors barred from making statements that could hurt brand

Mamaearth has tepid debut in a year of many strong listings

Despite strong investor demand during its IPO, Honasa Consumer Ltd, the parent company of personal-care brand Mamaearth, made a lacklustre debut on BSE on Tuesday. Shares opened at ₹330, a modest premium of 1.85% to the issue price of ₹324, and closed at ₹337.10, just 4% more than the issue price. This underwhelming performance reflects the mixed fortunes of IPOs in India since last Diwali.

RIL readies its biggest rupee bond sale to raise ₹20,000 cr

Billionaire Ambani's Industries Ltd is seeking to raise as much as ₹20,000 crore ($2.4 billion) via rupee-denominated bonds, according to filings seen by Bloomberg.

Bulls step out before polls, history shows

India faces a general election in about six months. If history is a guide, it's the time to bet on the nation's equities.