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Wonderchef turns profitable in FY24
● Looking at IPO in 12-18 months
Urban Company Sues Kent RO Systems
URBAN COMPANY, THE technology marketplace for home services, has moved the Delhi High Court against Kent RO Systems.
QSRs stare at sluggish Q3
Dull Days Ahead
Adani's 5G bet in limbo after penalties from DoT
Weak Signal
RIL Seen Posting Flat Growth in Q3
Brokerages expect Reliance Industries (RIL) to report flattish year-on-year (y-o-y) growth in earnings and EBITDA for October-December, with just a single-digit sequential growth.
Jio Arpu may top ₹200 in Oct-Dec
Tariff Boost
Over 60% of buyers may choose EV as next vehicle
More than 6 out of 10 consumers in different parts of the world, including India, are likely or very likely to consider an electric vehicle for their next purchase, although 60% of them considered charging infrastructure as a major challenge, according to a global study by Tata Consultancy Services (TCS).
PV sales pace slowest in 4 yrs
HIGH COST IMPACT IN 2024
Car makers slam the brakes on discounts
CARS AND SPORTS UTILITY vehicles (SUVs) manufactured in January have seen a reduction of up to 60% in discounts compared to the December models as industry-wide inventory has shrunk to an 11-month low, allowing dealers to recalibrate their stock levels.
Infy may log muted growth, raise FY25 revenue guidance
INFOSYS IS LIKELY to report muted earnings in the December quarter due to seasonal challenges.
Parental consent: bigger blow to smaller players vs Big Tech
Concerns raised over rollout of data protection rules
Zuckerberg's LS poll remarks: India to summon Meta officials
THE PARLIAMENTARY STANDING committee on communications and information technology will summon Meta officials over Mark Zuckerberg's recent statement about India, panel chairman and BJP MP Nishikant Dubey has said.
Ministry May Seek Interest Subsidy Scheme Relaunch
THE MINISTRY OF commerce and industry may seek the relaunch of the interest subsidy scheme for exporters in its original form in the upcoming Budget as the exporters face rising uncertainty in view of recent pronouncements of US President-elect Donald Trump.
National Turmeric Board Opened to Boost Output
The government on Tuesday launched the National Turmeric Board to drive its efforts towards doubling the production and increasing exports of the spice in the next five years to 2 million tonne.
US sanctions: No threat to oil supply, but costs may rise
Nearly 15% of Indian imports of Russian crude expected to be hit
Adani arm top bidder for NHAI's TOT assets
ADANI ROAD TRANSPORT has emerged as the highest bidder for the latest highway assets of the National Highways Authority of India (NHAI) that have been offered for monetisation through the toll-operate-transfer (TOT) mode.
Rajeshwar Rao gets monetary policy in RBI portfolio rejig
In a major reshuffle of portfolios of deputy governors, the Reserve Bank of India on Tuesday allotted the key monetary policy department to Deputy Governor M Rajeshwar Rao, reports fe Bureau.
Davos to welcome Trump virtually
Opening of WEF meet coincides with Trump's return to White House
IMD turns 150 today
PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD
Maha Kumbh: 16 mn take holy dip
THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for 'moksha' and the belief it will wash away their sins.
Pixxel to launch India's first private satellite network
PIXXEL IS SET to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.
Rupee sinks 61 paise; sharpest dip in 2 years
THE GEOPOLITICAL TENSIONS in West Asia, fresh US sanctions on Russia, and the ongoing Russia-Ukraine conflict are also contributing to the rise in Brent crude prices, which cannot be ignored, as it will impact the fiscal math for India and have impact on rupee, he added.
UP govt looks to privatize two of five power discoms
PUVVNL reported a loss of ₹6,610 crore in FY23 against a loss of ₹594 crore in FY22, as per PFC data.
December Retail Inflation Cools to Four-Month Low
India's retail inflation cooled to a four-month low in December, as food prices eased and global commodity prices remained subdued.
In Kashmir, Modi assures all promises will be fulfilled
PRIME MINISTER NARENDRA Modi on Monday asserted that he would keep promises he had made to the people of Jammu and Kashmir, a statement seen as an oblique reference to the demand for restoration of statehood voiced strongly by chief minister Omar Abdullah.
Tesla Beats Audi in Global Car Sales for the First Time
TESLA SURPASSED ONE of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.
Ahead of Trump return, Chinese trade surplus soars to $1trn
CHINA ANNOUNCED ON Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the country's own businesses and households spent cautiously on imports.
Prioritise AI funding: OpenAI to US
MOVE WILL MAINTAIN A BLOCK ON EXPORTS TO RUSSIA, IRAN AND N KOREA
J&J Set to Acquire Intra-Cellular in $14.6 Billion Deal
JOHNSON & JOHNSON said on Monday it will buy neurological drugmaker Intra-Cellular Therapies for $14.6 billion, its biggest deal in at least two years, boosting its presence in the market for brain disease treatments.
Dmart: Maintaining cautious outlook
Company is poised for 19% growth in FY2026/27