CATEGORIES

Someshwar to be United Spirits CEO

Liquor major Diageo India, the local arm of the world's largest spirits company, on Monday announced the appointment of Praveen Someshwar as CEO-designate.

Bezos' Blue Origin delays debut mission of New Glenn rocket

Blue Origin LLC delayed the inaugural launch of its new flagship rocket on Monday to deal with an unspecified issue with the vehicle.

Pixxel satellites set for launch

Founder Awais Ahmed says Pixxel plans to add 18 more spacecraft to the six it has developed. REUTERS

Tesla Beats Audi in Global Car Sales

Tesla Inc. surpassed one of Germany's most prized premium car brands last year, despite selling fewer vehicles than expected.

Bol seeks 1st dollar loan since 2012

Bank of India said it is marketing its first dollar syndicated loan since 2012 of as much as $400 million.

HC Rejects Plea to Block M&M EV Sales

The Delhi High Court on Monday rejected a request for an injunction against Mahindra Last Mile Mobility Ltd, a subsidiary of automobile giant Mahindra & Mahindra (M&M), in a trademark infringement case filed by Gensol Electric Vehicles.

5.28x Bids for Laxmi Dental IPO on Day 1

The initial public offer (IPO) of Laxmi Dental Ltd got fully subscribed within minutes of opening for bidding on Monday and finally ended the day with 5.28 times subscription.

JVC re-enters Indian TV market

Japanese consumer electronics brand JVC is re-entering into the India TV market through a brand licence agreement with Noida-based Super Plastronics Pvt. Ltd.

Progress seen in talks over Gaza

Arab and US mediators made significant progress overnight toward brokering a ceasefire in the Israel-Hamas war and the release of scores of hostages held in the Gaza Strip, but a deal hasn't been reached yet, officials said Monday.

Sebi Greenlights JSW Cement IPO

Sebi's approval comes four months after the company put the IPO on hold.

India Summons Diplomat Over Bangladesh Border Fence Row

After Dhaka's opposition, New Delhi says measures in keeping with existing pacts

Fake Job Postings Are Becoming a Real Problem

White-collar workers say it's harder to get hired and blame everything from AI to tighter budgets

China's export boom means Trump tariffs would hit Beijing where it hurts

Economy is increasingly reliant on foreign demand for goods pouring out of China factories

No kidding: Demand up for children's products

Modern parents willing to invest in high-quality, safe, innovative offerings

Hiremath claims a 3rd of Kalyani grp

produced a letter from Vaghul to the siblings dated June 2023 in which he said his 2012 letter was not meant to confirm the \"correctness of the content of the note\".

Urban Co picks Kotak, 2 others for ₹3,000-cr share sale

Founded in 2014 by Raghav Chandra, Abhiraj Singh Bhal and Varun Khaitan, the company, which is a technology marketplace for home services such as beauty and spa, cleaning, plumbing and appliance repair, also ventured into branded home appliances last year with the launch of a range of water purifiers.

Everyone frets over e-comm too much; we don't: DMart's Noronha

Over time e-comm should be seen as an ally to the brick-and-mortar business, especially in metros Neville Noronha MD and CEO, Avenue Supermarts

Religare independent directors in favour of Burmans' open offer

The RBI, which has oversight on Religare Finvest, on 9 December approved the Burman acquisition

EU-style consumer goods quality testing in the works

Govt mulls stricter quality norms for consumer products, aligning with developed nations

RBI Eases Rupee Drought With Forex Swaps Worth $3 Billion

RBI's Recent Sales Of The Currency Complicate Its Efforts To Support The Rupee, Which Is Under Pressure

After Q3 surge in the north, can cement prices rise more?

After a lull, trade cement prices at an all-India level are gradually climbing in the recent months. But the recovery in prices is not broad-based.

HCLTech's Q3 revenue up 2.6% beating estimates, Americas lead

HCL Technologies Ltd beat analyst estimates with a higher-than-expected revenue of $3.53 billion for the third quarter, up 2.6% sequentially, driven by strong sales from clients in the Americas, which account for about two-thirds of its revenue.

Investors Pin Hopes on Earnings Season to Revive Faltering Stock Market Rally

The postelection stock rally has sputtered. Investors are looking to the coming earnings season to revive it.

WeWork India raises ₹500 cr via rights issue

Co-working major WeWork India on Monday said it has raised ₹500 crore through rights issue mainly to reduce debt and achieve further growth.

PUBG developer eyes spending spree in search of more hits

Krafton Inc., the developer of hit title PUBG: Battlegrounds, plans to spend more than 200 billion won ($136 million) this year to invest in over a dozen promising game studios, underscoring its ambition to become a global force in publishing.

Podcast sector rides video, but monetization an issue

Podcasts are no longer restricted by genre, and YouTube has made everyone an audience, experts say

AI, GenAI Are Transforming Robotics, Says ABB's Atiya

ABB Has Also Piloted Systems Where Robots Respond To Natural Language Commands

PAG acquires majority stake in Pravesha for $200 mn

Asia-Pacific-focused private equity firm PAG has acquired a majority stake in Pravesha Industries Pvt. Ltd for $200 million, according to a person familiar with the transaction.

FY26 fiscal deficit may be 4.4-4.6% of GDP, says report

India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday.

Retail inflation at lowest in 4 months, food prices ease

The CPI rose 5.22% in December, down from 5.48% in November and 5.69% a year ago