CATEGORIES

Disclosure of material events to be stricter

SEBI ON WEDNESDAY came out with a \"stricter timeline\" for disclosure of material events or information by listed companies and introduced criteria for determining the materiality of events.

HDFC Bank enables UPI QR code compatibility with CBDC

PRIVATE SECTOR MAJOR HDFC Bank on Thursday said it has become among the first lenders to enable complete United Payment Interface (UPI) interoperability with central bank digital currency (CBDC).

NSE changes Nifty Bank, Nifty Midcap Select F&O expiry days

Bank Nifty weekly F&O contracts will expire on Wednesday, while expiry of Nifty Midcap Select F&O contracts has been shifted to Monday

JM Financial: No looming signs of recession in India

THE INDIA GROWTH story remains intact and recession in certain parts of the world is unlikely to seep into the country; on the contrary this would be a golden decade for India, said a top official at JM Financial.

Akasa Air 'well capitalised', can grow much faster: CEO Dube

AKASA AIR IS \"well capitalised\" with adequate funds to place a three-digit aircraft order by the end of this year and has the potential to grow at a much faster pace, according to the airline's chief Vinay Dube.

Swiggy enters grocery and food retail with LYNK buy

Swiggy said it has entered into a definitive agreement to acquire LYNK, paving the way for it to enter India's food and grocery retail market with a technology-led distribution platform

Nirma, Sekhmet vie for 83% stake in Glenmark Life for ₹6,000 cr

NIRMA AND PAG-BACKED Sekhmet Pharmaventures are among the shortlisted bidders for a controlling stake in Glenmark Life Sciences, according to people familiar with the matter.

PepsiCo raises forecasts again on price hikes, steady demand

PEPSICO ON THURSDAY raised its annual revenue and profit forecasts for the second time this year after the snacks and beverages giant comfortably beat quarterly estimates on price hikes and resilient demand.

Xi gets serious about giving booster dose to pvt sector

Authorities now want to help create more jobs

More banks may devalue cards to trim expenses

MORE BANKS MAY opt to devalue reward points and other incentives on credit cards, in a bid to manage expenses.

Foldable smartphone revenue to cross ₹6,300 crore in 2026

REVFOLDABLE SMARTPHONE ENUE will cross ₹6,300 crore in India by the end of 2023, according to market analyst firm Techarc.

Generative AI deals coming, but won't be big ones: TCS CEO

THE COUNTRY'S LARGEST IT services company TCS is expecting some generative artificial intelligence-based deals in the next two quarters, but their sizes will not be big, its top official said on Thursday.

Wipro profit down 7% to ₹2,886 cr; misses estimates

WIPRO, THE COUNTRY'S fourth largest IT firm, on Thursday posted a net profit of ₹2,886 crore for the April-June quarter, down 6.7 % sequentially. The company's revenues during the period stood at ₹22,831 crore, 1.5% lower than the preceding quarter.

Crowded electric 2W space likely to see consolidation

Startups struggle due to mounting regulations, FAME-2 subsidy cut

Water levels in southern reservoirs decline 30%

68 dams have more water than average of last decade

Debt threats, cryptos to top G20 meet agenda

FM, central bank chiefs also to focus on strengthening MDBs

Kumar, Pai to counsel top team at Byju's

IN A MOVE aimed at rebuilding its reputation, edtech firm Byju's has roped in former State Bank of India chairman Rajnish Kumar and former Infosys chief financial officer TV Mohandas Pai as members of its advisory council.

Cash holdings rise at fund houses as markets climb

TWENTY FUND HOUSES have raised their cash holdings in the first six months of the calendar year, with the largest increases by Quant MF (19.4%) and WhiteOak Capital (12.2%), data from Value Research shows. The data is for cash holdings as a percentage of equity assets.

Sensex touches 66,000

Nifty hits lifetime high of 19,500

Defence deals to top PM's France agenda

Rafale, Scorpene buys pegged at ₹90,000 crore

Voice of threat to freedom, the void it creates

THE UNBEARABLE LIGHTNESS OF MILAN KUNDERA

Oppn meet in Bengaluru: Leaders of 24 parties invited, Sonia Gandhi to attend

THE OPPOSITION GROUPING to take on BJP in the next Lok Sabha polls is set to expand with more parties joining in at the second unity meeting being convened by the Congress next week in Bengaluru.

Vedanta bonds fall on exchange offer report

ALL THE FOUR outstanding dollar bonds of Vedanta Resources plunged Wednesday after report said banks have informally approached some investors for a potential exchange offer on some of the firm's notes.

Pharma index logs 16% gains in FY24

OUTPERFORMS NIFTY'S 11.6% RETURNS

Use Windows 11 like a pro

Input text effortlessly with the on-screen numeric keyboard

Readying startups for future space odysseys

IN-SPACe | The autonomous agency aims to make India the global space tech hub

NATO papering over the cracks after Zelenskiy loses his cool

G7 NATIONS UNVEIL SECURITY FRAMEWORK | Ukrainian team angered by lack of clarity on timeline

Adani sells ₹1,250-CE bonds, first since Hindenburg report

GAUTAM ADANI'S FLAGSHIP firm raised ₹1,250 crore ($152 million) through notes, its first such local-currency bond sale since it was targeted by short seller Hindenburg Research in January.

Delta Corp, online gaming stocks tank

IMPACT OF GST COUNCIL'S 28% TAX ORDER

MG sells more than 10,000 EVs

MG MOTOR INDIA has sold over 10,000 electric cars since it launched the ZS EV in January 2020, Gaurav Gupta, deputy managing director, told FE.