CATEGORIES

CGD stocks climb wall of worry

State-run city gas distribution (CGD) firms are bracing for a decline in earnings in the December quarter (Q3FY25).

I-bankers see more China IPOs in 2025

Investment bankers are pinning hopes on initial public offerings in Asia to grab a bigger slice of equity capital markets volumes in 2025, after such transactions fell to the smallest proportion in eight years as Chinese deals remained muted.

AI meets 3D hologram tech

Holographic devices combine 3D projections with AI, allowing users to interact through speech and gestures

Cinnamon Wealth readies to float debut private credit fund

Cinnamon Wealth, which is a women-focused asset and wealth management company, is all set to launch its maiden private credit fund, the Women Enterprisers Fund, by January, a top company executive told VCCircle.

Zetwerk closes Series F round, aims to go public in 18 months

Zetwerk, a business-to-business (B2B) manufacturing services marketplace backed by marquee investors including Peak XV, Accel and Avenir Growth Fund among others, has closed its Series F funding round that values the unicorn startup 15% higher than its last valuation, co-founder and CEO Amrit Acharya, told VCCircle in an exclusive interaction.

Multiples PE makes its second bet on the logistics sector

Private equity firm Multiples PE, founded by Renuka Ramnath, has made its second bet on the logistics sector, with a $35 million (nearly ₹300 crore) investment in INSTANT-XP for a minority stake.

Building worker homes near factories will boost competitiveness

Niti Aayog, the Union government's policy think tank, has called for building workers' homes closer to factories by amending existing industrial zoning laws, in order to boost labour productivity and enhance the competitiveness of the country's manufacturing sector.

Govt plans jail terms, fines for illegal loans

The government is seeking to clamp down on unregulated lending with a proposed law that would impose prison terms of up to seven years and fines for unauthorized loans, including those through digital platforms.

Discrepancy in Nov trade data suspected

India's gold imports in November reached a record high of $14.86 billion, registering a fourfold jump

In the works: Repairability Index for consumer durables

India cannot be a dumping ground for inferior-quality products, says minister Pralhad Joshi

Standardize power purchase pacts

The Estimates Committee has called for setting definite approval timelines to expedite the signing of PPAs

Bharat Dal, coming soon to an e-grocer near you

Virtual shelves of online grocers, such as Amazon, Flipkart, and Swiggy, may soon see the debut of an unlikely item: Subsidized dal from the Government of India.

Swiss tax shakeup: Effect on Indian investors, workers

Investors face tax hike on dividend starting January, following Switzerland's MFN suspension

MR POONAWALLA GOES TO BOLLYWOOD

Thirsty for growth, Bollywood's studios have been wooing non-film suitors, like the vaccine tycoon, for funding

TVS eyes Avendus Capital to expand financial services

TVS Credit has joined the race for KKR-backed investment bank Avendus Capital as part of its strategy to expand the group's financial services business, three people with knowledge of the development said.

Tough rules on SME IPOs, insider trades

Sebi sets bigger IPO application amounts, profit criteria for SMEs

Include pantos on your holiday to-do list

If holiday travels take you to Britain, indulge in vibrance of the pantomime

Cricket stories that read like tales told in a pub

Maxwell, also nicknamed 'The Big Show', dedicates 16 pages to the match against Afghanistan in the 2023 World Cup

A new play weaves a story of love, longing and deceit

A new play by Amitesh Grover speaks of grief through the story of a woman who can make clay figurines come alive

Can the Xi-Trump 'bromance' be revived? Else, ties may fray

Cordiality between the two leaders would favour both countries

Refrain from judicial overreach: It'll strengthen India's judiciary

The suo motu powers of courts are essential to secure justice and the public interest but their overuse can have adverse results

An image makeover for palm oil would be good for us

The ecological impact of this affordable oil is lower and health benefits greater than often portrayed

South Korea's political drama was worthy of applause

Its lawmakers were bravely joined by others to reject martial law and uphold democratic institutions

Market losses and mistakes are two completely different things

DEVINA MEHRA is chairperson, managing director and founder of First Global, an Indian and global asset management company, and author of the forthcoming book 'Money, Myths and Mantras: The Ultimate Investment Guide'. Her X handle is @devinamehra

How to build a ₹5-cr nest egg with ₹1.5 lakh monthly salary

My cousin (35) earns ₹1.5 lakh per month and paid off a home loan. He invests ₹45,000 in mutual fund SIPs (Nippon Indian small cap, Mirae bluechip and PPFAS flexi-cap) a month; and ₹50,000 in National Pension System every year. How much more should he invest to build a ₹5-crore retirement corpus?

File wage details by January-end for higher pension

Retirement fund body, the Employees' Provident Fund Organisation (EPFO) has extended time till 31 January for employers to upload wages and other details regarding the 310,000 pending applications for pension on higher wages.

THE ROAD TO BETTER WEALTH MANAGEMENT STARTS WITH A CONSOLIDATED VIEW

Management consultant, educator and author Peter Drucker famously said: \"If you can't measure it, you can't improve it.\" This idea resonates strongly in finance and investments. With the rise of digital payments and investment platforms, making and spending money is easier than ever. However, this convenience brings challenges, especially the risk of overspending because digital transactions can feel detached from physical money, often leading to impulsive purchases.

ITC consolidates its Oberoi, Leela stakes

ITC Ltd, which is demerging its hotels business from January 2025, on Wednesday said it has acquired shareholding of rival hospitality chains Oberoi and Leela from its wholly owned arm, Russell Credit Ltd.

Infosys inaugurates centre near Kolkata

Infosys Ltd's new software development campus opened at New Town in Kolkata on Wednesday.

DMart tops Hurun list as most-valued self-made Indian firm

Adhakishan Damani-promoted Supermarket chain DMart has emerged the most-valuable Indian company founded by a self-made entrepreneur post-2000 with a valuation of ₹3.42 trillion, as per data released by Hurun on Wednesday.