CATEGORIES

Rupee falls to record closing low as Brent breaches $90

Without the RBI intervention, the currency could have fallen below 84-level

RCap buy: Overseas lenders back out of funding to Hindujas

Pledging shares of 2 RCap subsidiaries had been rejected

Infy is all about hybrid, TCS for back-to-office

INFOSYS ON MONDAY opened a development centre in Visakhapatnam and made its intent clear on the hybrid mode of work. The centre, which can accommodate about 1,000 employees, will provide greater flexibility to staff to work in a hybrid mode and closer to their homes.

Engine lessor settles case with SpiceJet

ENGINE LEASE FINANCE BV, one of the lessors of low-cost airline SpiceJet, on Monday told the Delhi High Court that it was withdrawing its case against the carrier after the two arrived at an interim settlement.

Sales boom to sustain: Realty funds

REAL ESTATE-FOCUSED PRIVATE equity funds expect the current boom in housing sales to sustain and do not see any concerns of a potential bubble in the segment.

Jolt for telcos on licence fee

Decision may raise tax burden for industry players

Procurement of paddy rises 6% in first half of Oct

TWO WEEKS INTO the paddy procurement by the Food Corporation of India (FCI) and state agencies for the kharif season 2023-24 (October-September), the purchase under the minimum support price (MSP) operations from farmers has crossed 5.6 million tonne (MT) on Monday, which is an increase of 6% on year.

Clean energy addition to pick up pace in H2

AFTER A DULL first half, the capacity addition in India's renewable energy (RE) sector is expected to increase in the second half of the current financial year, owing to lower prices of solar modules and relaxation of the approved list of models and manufacturers (ALMM) by the government.

Govt to exit HZL, but in the long run

THE GOVERNMENT WILL sell its residual stake in Vedanta-controlled Hindustan Zinc Ltd (HZL), which is worth about 40,000 crore at the current market prices, \"but in smaller tranches and over the long run,\" keeping in mind the objective of maximisation of value for the exchequer, an official told FE.

Don't expect big bang from India-UK FTA, says GTRI

AS INDIA-UK free trade agreement negotiations enter the final leg, a study has found that it is unlikely to result in immediate gains for India's exports and the industry would have to still work the old-fashioned way to grab a greater share of the UK market.

Food inflation likely to remain elevated, seen above 6% in H2

Upside risks to RBI forecast of 5.4% retail inflation for FY24

As TCS calls staff back to office, focus is on dress code

FORALARGE number of youngsters who have started their professional career during the pandemic, going back to office itself is a new experience.

HSBC set for debut in India land financing

Entry into private debt space in non-real estate sectors also likely

Jio Fin reports €668-cr profit in its maiden earnings filing

THE CONSOLIDATED NET profit of Jio Financial Services (Jio Financial) rose 101% q-o-q to ₹668.2 crore in July-September, the company said in its maiden earnings report. It had posted a net profit of 332 crore in April June.

HDFC Bank's net profit rises 51%

NIM, asset quality worsen post merger with HDFC

Turning cynics into supporters

IT WAS JUST after the ninth over, shortly after Rohit Sharma had smeared Haris Rauf for a pair of sixes, that the edges of a wondrous night in Ahmedabad began to sharpen a little and the destiny of the game assumed crystal clarity.

Over 30 million cars on Indian roads

Organised players have a lot of ground to cover in the pre-owned car segment: Cars24

A good choice for first-time investors

These funds protect the portfolio from large drawdowns

Utilities, healthcare top picks for MFs

The cycle is favourable for healthcare, as US pricing pressure is low

Netanyahu pledges to 'demolish Hamas'

Inside Gaza City, civilians said they had nowhere to flee

1.4 billion shoppers log in for Flipkart's festive sale

E-COMMERCE GIANT FLIPKART said it has recorded 1.4 billion customer visits over the eight days of its festive sale, with sellers seeing 2.5x growth in their businesses as compared to usual business days.

TCS plays catch up; closes profit gap with Accenture

However, US firm’s revenue still double of the Indian major

Exporters & traders stop buying basmati paddy

RICE EXPORTERS AND traders in basmati rice-growing regions in Punjab, Haryana and western Uttar Pradesh have stopped the procurement of grains from the mandis starting Sunday.

Impending energy crisis brings coal back into play

RE pace much below target; private investments through PPP are crucial

Vizhinjam port opened, to lure biggest ships

WHEN ZHEN HUA 15 - a heavy load cargo carrier sailing from the East China sea unloaded at Vizhinjam port, it did more than just setting down the site's first gigantic cranes - it also put India on the map for world's biggest container ships.

Nod for ₹1,000-cr PLI release, electronics firms to benefit

For this financial year, the PLI outlay BE) is ₹8,083 crore

It's raining discounts on cars

Inventories at 5-year high as festival season kicks in

MNREGS may see ₹40,000 cr top-up

Not to impact fiscal deficit as savings on other heads to come in handy

Bribe-for-job probe: TCS sacks 16; bars six vendors

TATA CONSULTANCY SERVICES (TCS) on Sunday night reported that the investigation into bribe-for-job scandal has found involvement of 19 employees.

India bowlers turn match into one-sided game

THERE WAS HARDLY any cheer for the bowlers when the slides of the Indian playing XI for the Pakistan game rolled on the giant screen at the Narendra Modi Stadium here after the toss