CATEGORIES

DECODING MYNTRA'S PUSH TO SELL LIPSTICK AND BLUSH

The fashion e-tailing giant has added a second growth engine—beauty products. Should Nykaa be worried?

India's adex to grow at 10% in '24 to reach ₹1.55 tn: GroupM

Slower than last year but India still to be among fastest-growing ad markets globally

Senate passes $95 bn aid bill for Ukraine, Israel and Taiwan

The Democratic-led US Senate on Tuesday passed a $95.34 billion aid package for Ukraine, Israel and Taiwan, amid growing doubts about the legislation's fate in the Republican-controlled House of Representatives.

The world is quietly losing the land it needs to feed itself

To he greatest threats to our existence today are caused by human activity rather than nature acting alone, according to a recent United Nations report.

It's crunch time for one of Europe's last big Wall Street players

Two years ago, C.S. Venkatakrishnan was unexpectedly thrust into the top job at British banking giant Barclays. A year later, he felt a lump on his neck and was diagnosed with cancer.

Early adopters of Microsoft's AI bot wonder if it's worth the money

Artificial-intelligence aide handles email, meetings and other things but its price, limited use have some skeptical

Lack of marketing for music worries theatre owners

The potent link between music and the box-office success of a Hindi film appears to be weakening, particularly among audiences in smaller towns.

Cash-strapped Red.Health struggles to clear Jan salaries

Red Health, an ambulance aggregator backed by Kalaari Capital, has paid its employees only half their January salaries with no word on when the remainder would be disbursed, as the Hyderabad-based startup struggles with cash crunch, according to people aware of the matter.

FIITJEE delays salaries citing cash flow issues

Competition from edtechs, high fixed costs led to 68.5 cr loss in FY23

Prime Volleyball to look for investors as value tops $90mn

Prime Volleyball League, India's first private P sporting league, will soon start looking at getting a strategic investor, as its valuation has more than quadrupled since its inception to over $90 million, said a top executive.

EV firms stare at disruption amid FAME-III uncertainty

Automakers are lining up affordable vehicles, slashing prices to lure buyers as sales stagnate

LIC share sales in Q3 at record as market soars

Amount from share sales at 39,163 crore, 31% higher than a year earlier

Rally in Smids counters hits a speed bump on profit booking

The investor euphoria surrounding certain small and midcap (Smid) counters seems to have abated with the stocks having fallen by 20-30% or even more from their prior highs.

ZEE plans cost cuts, synergies in journey after failed merger

Media and entertainment company Zee Entertainment Enterprises Ltd (ZEE) is charting a three-pronged approach to costs, reducing overlaps between businesses, and enhancing quality to regain margins after its merger with Sony Pictures Entertainment collapsed, MD and CEO Punit Goenka said in an earnings call on Tuesday.

Moody's upgrades 4 Adani cos

US-headquartered ratings firm Moody's upgraded the ratings of two green energy firms and two electricity generation and distribution firms of the Adani Group following improved financials, timely debt repayments, and a capital infusion by the group over the past year.

Hindalco net up 71%, but below estimate

Hindalco Industries, the flagship company of the Aditya Birla group, on Tuesday reported a 71% year-on-year jump in its consolidated net profit to ₹2,331 crore for the quarter ended December driven by a robust performance of its aluminium and copper businesses. The profit failed to beat the estimate of Bloomberg analysts.

Brigade Enterprises ups the ante in office, hospitality segments

The south India-focused real estate developer, Brigade Enterprises Ltd, is betting big on its office leasing and hospitality segments.

Renewables biz may recharge Tata Power

Tata Power Co. Ltd's stock fell 8% on Monday after the company reported dull earnings for the December quarter (Q3FY24). Still, the power producer's outlook is upbeat owing to a likely increase in renewables business.

Good Glamm steps up cost cutting measures

Implements efficiency measures, eyes profitability before going public

India, UAE sign deal on investments

India and the UAE concluded a bilateral investment agreement and also signed a framework agreement on the India-Middle East Economic Corridor (IMEC) during Prime Minister Narendra Modi's two-day visit to the Gulf nation.

Centre to SC: Ready for talks with Kerala

The Union government informed the Supreme is prepared to engage with the Kerala government on the limits the Centre imposed on the state's borrowing powers.

Trading codes may push exports of unique non-basmati rice varieties

Government officials are working to assign internationally recogidentifiers-needed for all exports for some uncommon and unique Indian rice varieties so that they do not inadvertently fall into the dragnet of a sweeping export ban.

Scientists to vet weather data, help farmers cut losses

National Test House scientists will also evaluate crop loss data for compensation to be paid

ED begins inquiry into Paytm bank

India's premier economic intelligence agency, the Directorate of Enforcement (ED), has been roped in to check for suspected breaches at Paytm Payments Bank on a reference from the Reserve Bank of India (RBI), two officials aware of the development said.

Malaysia's Gentari bags Fortum India solar projects

Gentari Sdn Bhd, a unit of Malaysia's state-run oil and gas company Petronas, has emerged as the winning bidder for the Indian solar projects of Finland's Fortum Oyj, totalling 185MW, two people aware of the development said.

Tesla seeks Indian partner for rooftop solar panel venture

Electric carmaker Tesla Inc. is scouting for local partners to make its rooftop solar panels in India, a person aware of the matter said.

Go Digit IPO gets Irdai go-ahead

The insurance regulator has approved Go Digit's plan for a public share sale, two people aware of the development said, after faulting the digital insurer last year over a non-disclosure.

New avatar likely for compensation cess

The goods and services tax (GST) compensation cess expiring in March 2026 or before may be replaced with a new levy, if the GST Council feels more revenue is needed, two officials aware of discussions between the Centre and states said.

Farmers clash with cops in Delhi march

Push for MSP meets barricades, tear gas and rubber bullets

India is vying with Vietnam to attract global manufacturers

New Dethi should reconsider tariffs in support of Make in India’