CATEGORIES

Accel raises $650 million for eighth India fund

ACCEL HAS RAISED $650 million (₹5,500 crore) for its eighth India fund, according to the US Securities and Exchange Commission filings, seen by FE.

Snapdeal trims FY24 losses by 43%

E-COMMERCE PLATFORM SNAPDEAL has reduced its losses considerably in FY24, despite near-flat revenue growth during the year.

Zoomcar eyes expansion for newly launched cab service

ZOOMCAR, KNOWN FOR its self-drive car rental services, has recently piloted a chauffeur-driven cab rental service in Bengaluru, and is considering expanding it to other major cities.

Q-comm delivers record sales on New Year's Eve

QUICK COMMERCE FIRMS saw their sales soar to unprecedented levels on December 31.

India Poised to Lead Global Supply Chains: Anand Mahindra

INDIA HAS THE potential to significantly bolster its economic stature and establish itself as a pivotal player in the global supply chain, according to Mahindra Group chairman Anand Mahindra.

SUV demand puts Dec PV sales in the fast lane

● Sales hit 4.3 million in 2024, marking 4.8% growth

AI first airline to roll out Wi-Fi on domestic fleet

AIR INDIA HAS covered a lot of ground since privatisation and its global coverage will further increase in the years ahead, the airline's chief Campbell Wilson said on Wednesday.

India & Pak share list of nuclear units

INDIA AND PAKISTAN on Wednesday exchanged a list of their nuclear installations under a bilateral pact that prohibits the two sides from attacking each other's atomic facilities.

Electronics Sector Seeks Cut in Duties, Tariff Slabs

In the run-up to the Budget 2025-26, the India Cellular and Electronics Association (ICEA) has urged the government to simplify the tariff structure and sought a reduction in duties on electronics parts and components used in mobile phones, television sets, hearables, and car displays.

UP minister and Apna Dal leader alleges threat from special task force

UTTAR PRADESH CABINET minister Ashish Patel has accused the state special task force of \"conspiring\" against him and alleged a threat to his life from the agency.

BJP Planning to Demolish Temples in Delhi: Atishi

DELHI CHIEF MINISTER Atishi accused the BJP on Wednesday of planning to demolish Hindu temples and a Buddhist site in various areas of the city,

TMC Committed to Service Over Power

THE TMC on Wednesday observed its 28th foundation day, with party supremo and West Bengal chief minister Mamata Banerjee asserting that after over two decades of protests, victories, and challenges, the party's core belief remains that politics is not about power but about service to people.

18 Former MoS, 12 Ex-MPs Still Have Security

Audit finds no security review done in a long time

Bangladesh rewrites textbooks on 1971 liberation war: Report

TEXTBOOKS IN BANGLADESH will now state that Ziaur Rahman—not 'Bangabandhu' Sheikh Mujibur Rahman—declared the country's independence in 1971, The Daily Star reported on Wednesday.

Nagaraju to PSBs: Speed up resolution of grievances

Stressing that any laxity in grievance redressal is against the ethos of customer service and diminishes the brand value of the organisation, financial services secretary M Nagaraju has directed public sector banks (PSBs) and insurance companies (PSICs) to address public grievances sincerely in a time-bound manner.

IREDA loan disbursements up 41%

STATE-OWNED INDIAN RENEWABLE Energy Development Agency (IREDA) sanctioned loans worth ₹31,087 crore in the third quarter of the current financial year, up 129% from ₹13,558 crore in the same period last year, according to provisional data provided by the company.

Two crop insurance schemes to run till FY26

● Total allocations for PMFBY & RWBCIS for FY22-26 raised to ₹69,515 crore

Govt cuts jet fuel price by 1.5%, commercial LPG by ₹14.5/cylinder

THE PRICE OF jet fuel, or ATF, on Wednesday was reduced by 1.5% and the rate of commercial LPG that is used in hotels and restaurants was cut by ₹14.5 per 19-kg cylinder in the monthly revision done in line with benchmark international prices.

FY25 Tobacco Exports to Top ₹13,000 Cr

Higher yields & prices drive growth; no increase in area under tobacco cultivation

2024 Was Warmest Since 1901; Jan 2025 to Be Relatively Warm

THE YEAR 2024 was the warmest on record in India since 1901, with the average minimum temperature settling 0.90 degree Celsius above the long-period average, Mrutyunjay Mohapatra, director general of the India Meteorological Department (IMD), said on Wednesday.

Rupee Continues Its Slide to New Low; Nudges Towards 86 Mark

The rupee continued its slide on Wednesday, slipping to a new all-time low of 85.65 against the dollar, 4 paise or 0.05% weaker than Tuesday's closing of 85.61.

Bajaj Auto topples Ola

TO COUNTER THESE challenges, Ola Electric opened 3,200 new stores in a single day last week, bringing its total network to 4,000 showrooms and service centres nationwide.

Market share cap for UPI postponed by two years

THE TWO FIRMS processed a combined 13.1 billion transactions in November, the data showed.

Naxals trying to expand without success: MHA

FACING TOUGH ACTION from security forces, the Naxals are making efforts to expand to new areas along inter-state borders but without any notable success, the latest report from the home ministry has said.

Biren concludes 2024 with an apology: 'I want to say sorry'

● Says we have to start a new life, a peaceful Manipur

Spotlighting the customer, not the product

Why the Mercedes-Benz campaign rocks:

'AI and marketing make a powerful combination'

What are the barriers to large-scale AI adoption? The most prominent is infrastructure cost. An AI assistant, for example, can cost as much as a human one unless scaled effectively - for example, deploying multiple assistants to

Build relationships to cement success...

...and some more ideas to defend your market

Audit Needs To Be Proper

Global investors will look for transparent accounting, best practices are a must

Let the rupee find its own level

Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less independent monetary policy to boost growth