CATEGORIES

Maharashtra, Tamil Nadu ride auto PLI manufacturing wave

Maharashtra, Tamil Nadu, Haryana, and Karnataka have emerged frontrunners in India's electric vehicle (EV) manufacturing ecosystem, accounting for over 200 of the 257 manufacturing facilities and engineering research and design units established by beneficiaries of the government's Production Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry (PLI-Auto), according to data from the Ministry of Heavy Industries (MHI).

'India not tougher than other mkts'

Online retail major Amazon is navigating a challenging regulatory environment in India at a time when e-commerce is witnessing rapid growth and quick commerce has emerged as a new reality. SAMIR KUMAR, in his first interview since taking charge as Amazon India head in September, tells Aryaman Gupta & Nivedita Mookerji in New Delhi that regulatory challenges exist in every market and that India is not more difficult than others. On quick commerce, he says a pilot for 15-minute delivery is starting in Bengaluru this month. Edited excerpts:

RBI approves Burmans' 26% stake buy in REL

Shareholders of Religare Enterprises (REL) will decide the future of the company's Executive Chairperson Rashmi Saluja, who is seeking reappointment as a director, at the annual general meeting (AGM) scheduled for December 31.

LISTING OUT KEY ISSUES FOR RBI Das: Restoring inflation-growth balance top task

Restoring the inflation-growth balance is the most important task ahead for the Reserve Bank of India (RBI), outgoing Governor Shaktikanta Das said on the last day of his tenure while listing out some key issues for his successor, Sanjay Malhotra.

Amazon raises export target from India: $80 bn by 2030

Says it's on track to reach $20 bn goal in exports by 2025

IndiGo plane lands at Noida Airport in first flight validation test

The upcoming Noida International Airport (NIA) at Jewar in Gautam Buddha Nagar on Monday announced the \"successful\" completion of its validation flight, a crucial step in the process of acquiring aerodrome licence.

Indians lead Global South in adapting to AI, tech revolution

GLMC study reveals that over 70% Indians actively seek opportunities to upskill

A-I places order with Airbus for 100 aircraft

Tata-run Air India Group on Monday stated that it has placed an order for 100 planes—90 narrowbody A320 family aircraft and 10 widebody A350 aircraft—with European aircraft manufacturer Airbus.

CRACKING THE WHIP

Why Sebi is tightening the regulations for public issues of SMEs

Algo-driven approach eliminates human bias, risk of style drift

SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4 and will close on December 18.

GCPL stock slips 9% on weak growth guidance

Shares of most other FMCG firms end with losses of up to 4.1%

Tata Power consistently meets guidance, inspires confidence

On its Investor Day on December 6, Tata Power clarified its five-year strategy.

SMALLCAP INDEX HITS A NEW HIGH

The Nifty Smallcap 100 on Monday closed at a new record high of 19,529 after gaining for 12 continuous sessions, the longest gaining streak since April.

Raamdeo Agrawal's pursuit of 'bruised blue-chips'

Investing in beaten-down high-ROE stocks can be rewarding, says the veteran investor

Paytm shares surge threefold after non-core biz divestment

Shares of One97 Communications, the company that operates the Paytm brand, has regained lost ground, tripling from its previous low of ₹317 per share on May 8, 2024.

Investors pump over ₹11K cr in corporate bond funds in 3 mths

Experts cite better risk-reward for investors with 3-year horizon

Equality by any other name

\"Most of us react angrily if we feel we are being treated unequally. While the rhetoric of equality is often used as a mere slogan by politicians, most people intuitively feel that it captures something truly important about the human essence.

Promise of level playing field in the AI age

It's that time of the year when looking back comes naturally. Besides the many electoral victories and setbacks as well as geopolitical disruptions with far-reaching implications, the following list captures a slice of India in the year that would soon be gone - against a setting of intense competition and the promise of a level playing field.

American exceptionalism

Earnings growth in the US will be faster than anywhere else in the world

Reckoning in Syria

Bashar al-Assad's ouster adds to West Asian tumult

Turning the page

The new RBI governor's first test will be on the external front

Global ad revenue set to cross $1 trn in '24: GroupM

Global advertising revenue will increase 9.5 percent in 2024 to surpass $1 trillion for the first time and grow 7.7 percent next year, according to GroupM, the world's largest media buying agency, owned by WPP.

Omnicom to buy Interpublic in $13 bn deal

This will create world's largest advertising agency

Nvidia under scanner for potential breach of monopoly law in China

Move comes amid escalation of Beijing's chip war with US

China signals bolder stimulus for next year as Trump returns

China's top leaders signaled more stimulus for next year with the first shift in their monetary policy stance in some 14 years, as Beijing braces for a second trade war when Donald Trump takes office next month.

With Assad gone, a new era begins in Syria

Rebel Leader Golani Meets Officials To Discuss New Govt

Attacks on minorities in B'desh 'regrettable', says Foreign secy

India raised its concerns over the safety of minorities in Bangladesh, flagging \"regrettable incidents of attacks on cultural, religious and diplomatic properties\" as Foreign Secretary Vikram Misri (pictured) met his counterpart in Dhaka on Monday.

Missile frigate INS Tushil inducted into Indian Navy

Warship has been constructed in Russia as part of an over $2.5 billion deal

WHEAT SOWING MAINTAINS MOMENTUM MUSTARD STILL DOWN

After a delayed start, sowing of rabi crops seems to have picked up pace. Till December 6, rabi crops stood on around 49.36 million hectares, 1.50 per cent more than for the same period last year.

PFC raises ₹6,252 crore via bond issuances

State-owned Power Finance Corporation (PFC) raised ₹6,252 crore on Monday through the issuance of bonds with different maturities.