CATEGORIES
Rupee falls to record low against USD
The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 (provisional) against the US dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors.
World Bank to lend $150 bn in 10 years for climate projects
India to have a big share of the funding, World Bank's country director (India) said
StanChart loses 4 financing bankers
Standard Chartered Plc is losing a handful of executives at its financing and credit business across India and Singapore amid a global restructuring and as an active dealmaking market boosts demand for bankers.
Apple iCloud faces antitrust claim
British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech giant breached competition law by effectively locking millions of its customers into its iCloud service.
It's a legacy agriculture company - and your newest AI vendor
Companies now find it critical to augment general models with more industry-specific data if they're going to be useful
Vaz, Mani and Gupta to head RIL-Disney JV
The ₹70,000-cr media giant is likely to transform entertainment in India
Trump and Putin's rapport masks deeper tensions
Warm words between two leaders doesn't necessarily signal a thaw in U.S.-Russia relations
CCPA orders investigation into Ola Electric
Many customers reported that issues persisted as complaints were closed prematurely without result
'Revised norms will benefit big auditors'
Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India (ICAI), the profession's self-regulator and rule maker.
Muted Q2 sparks a rethink at Mamaearth
Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter.
'Design cities for next 100 years, think big'
DLF's K.P. Singh calls for the overhaul of India's urban planning approach
Companies scan diversity, inclusion before M&A deals
The rising importance of D&I is closely tied to the growing focus on ESG assessments
Sebi curbs to help boost BSE's Sensex options, says CEO
BSE & NSE have been asked to offer one weekly options expiry as 9 in 10 individuals lose money in index options
Tata Chemicals Europe rejig helps, but soda ash is a worry
Tata Chemicals Europe Ltd (TCEL), a subsidiary of Tata Chemicals Ltd, has embarked on a restructuring exercise.
Clarity on AGR to help raise bank debt, says Voda Idea CEO
Clarity from the government on adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd's efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.
ONGC banks on two key factors
Oil and Natural Gas Corp. Ltd's (ONGC) standalone gross crude realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 a barrel.
Pavestone raises nearly $100 mn
Hyderabad-based venture capital firm Pavestone VC, which invests in early- and growth-stage firms, has closed its maiden fund with a corpus of ₹816 crore (about $97 million).
PW hires new CFO ahead of 2025 IPO
Physics Wallah (PW), the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025.
Porter looks to raise $100 mn from PE firms
The deal is likely to value the decade-old startup at $1.1-1.2 billion
SarvaGram raises ₹565 cr to boost biz
SarvaGram Solutions, a Pune-based credit platform that focuses on rural areas, has secured ₹565 crore in a Series D investment round led by Peak XV Partners.
MHI holds talks on subsidy for e-trucks
The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.
'FSSAI plans real-time surveillance, tracking, sampling of food items'
A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.
Wholesale inflation at four-month high
A Reuters poll of economists expected wholesale inflation to be around 2.2% in October
Trade deficit widens to $27 bn in Oct
The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September
India ranks 3rd in improving its business environment
The country, as per EIU, is among places where it expects the most key policy improvements
Fashion begins to go green, but the transition is slow
Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.
Lawyers guide firms with US operations as Trump 2.0 looms
Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.
Highway building, environment go hand in hand, says Gadkari
Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".
After a slow start, auto PLI claims may zoom in future
The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.
Musk-a-Lago: Inside Musk's role on Trump's transition team
In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.