CATEGORIES

Premium Devices Demand to Push Smartphone Market to $50 Billion This Year

Rising demand for premium devices, led by Apple and Samsung, is expected to increase India's smartphone market size to over $50 billion (about ₹4.28 trillion) this year, market research firm Counterpoint Technology Market Research said on Friday.

Sold small portion of shares for personal reasons: Pitti

Co-founder of EaseMyTrip Nishant Pitti (pictured) on Friday said he sold a \"small portion\" of the promoter shares held by him for \"personal reasons\", days after the company announced his resignation as CEO.

Seven Billionaire Founders Rode India's IPO Boom in 2024

A blockbuster year for initial public offerings in India catapulted seven entrepreneurs into the dollar billionaires league, many of them early movers in the country's booming renewable energy sector.

Govt Teams Up With Startup Policy Forum

The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a partnership with the Startup Policy Forum (SPF).

Adani Group's US SEC, NY cases assigned to one judge for efficiency

The civil and criminal cases against the Adani Group, pursued by the US Securities and Exchange Commission (SEC) and the Eastern District of New York, have not been \"combined.\"

Paytm's Ebitda Likely to Break Even This Quarter

Brokerages expect improved contribution of financial services into revenue pie

Pharma firms seek booster shot to PLI

The pharmaceutical sector has rolled out a robust wish list for the upcoming Budget, with import duty exemptions, simplification of tax procedures, and strengthening of the production-linked incentive (PLI) scheme among major demands.

Investors Betting Big on Higher-Risk Equity Funds

Nearly one in two equity mutual fund (MF) accounts, or folios, are now in the three riskiest categories—sectoral and thematic, smallcap, and midcap funds—thanks to the growing penetration of online investment platforms and investors' preference for top-performing funds.

Dabur expects muted revenue growth in Q3...

...but Marico upbeat on top line growth

Govt releases DPDP Rules without any penal clause

The government has released the long-awaited draft of Digital Personal Data Protection Rules, which do not mention any penal action for violations.

Centre pushes transfer to states to meet capex goals

Capital expenditure (capex) in the country in November declined 9 per cent over the previous month amid expectations that it would intensify in the second half this financial year.

No fresh subsidy required for EV ecosystem: Goyal

Commerce and Industry Minister Piyush Goyal on Friday said there was no need for fresh subsidies or incentives for the electric vehicle (EV) ecosystem.

HUL in talks to buy skincare brand Minimalist for ₹3K cr

The text 'Maker of Pond's products may ink deal with Peak XV-backed startup in Q4' is the drophead but was missed in extraction

Framework for gig workers set for June launch

To provide welfare and social security net to millions of gig and platform workers, the labour ministry is considering launching a \"framework for social security coverage\" by June this year, senior government officials told Business Standard.

White-collar hiring up 9% in Dec: Report

According to Naukri JobSpeak, the index reached an impressive 2,651 points in December 2024, reflecting a robust 9 per cent year-on-year growth, a promising sign for the year ahead.

Missing Women in South Indian Film Leadership

The South Indian film industry lags Bollywood and other non-South Indian language cinemas in terms of women serving as heads of departments (HoDs) in various stages of filmmaking and streaming series production, according to a recently released report.

Manu Bhaker, Gukesh among four athletes to get Khel Ratna award

Shooter Manu Bhaker, chess world champion D Gukesh, men's hockey captain Harmanpreet Singh and para-athlete Praveen Kumar were on Thursday named recipients of this year's Major Dhyan Chand Khel Ratna Award—the country's highest sporting honour.

MHA warns against 'pig butchering scam'

A new cyber fraud known as \"pig butchering scam\" or \"investment scam\" has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.

Insurers to double down on tech, rural expansion for growth in '25

Industry will also focus on strengthening distribution networks and human capital

UNDER THE PUMP

India's 2025 fuel exports could feel the heat of geopolitics, Houthi attacks, growing US supplies, and new refineries

Auto stocks race on December sales boost

Shares of automobile companies rose for the second consecutive day, with Eicher Motors, Maruti Suzuki India (MSIL), Ashok Leyland, and Mahindra & Mahindra (M&M) surging between 4 per cent and 9 per cent on Thursday.

Earnings growth likely to be a key driver this year: Mirae Asset MF

Even as earnings growth has decelerated in recent quarters, India's medium-to-long-term outlook remains robust, driven by strong macro fundamentals, deleveraged corporate balance sheets, robust asset quality, fiscal discipline, favourable demographics, digitisation, and rising income levels, Mirae Asset Mutual Fund said in its outlook for 2025.

Best Dec for IPOs since 1996

15 firms collectively raised ₹25,425 cr last mth

Temper expectations as growth challenges remain: Axis MF

Significant valuation expansion seems unlikely in 2025 amid near-term growth challenges, likely muted inflows from foreign institutional investors (FIIs), and subdued earnings expectations, Axis Mutual Fund (MF) said in its outlook, while asserting that it will be a year of stock picking across market caps.

Policy change, seasonal uptick to drive gains for United Spirits

The stock of the country's largest alcohol beverage maker United Spirits has been hitting its lifetime highs over the last few trading sessions.

Sebi quashes Zee, Goenka's settlement plea; expands probe

The Securities and Exchange Board of India (Sebi) on Thursday rejected a settlement application filed by Zee Entertainment Enterprises (ZEEL) and its chief executive officer Punit Goenka in the alleged violations of the Listing Obligations and Disclosure Requirements (LODR) regulations.

Ketan Parekh among 3 banned from mkts in front-running scheme

Sebi directs ₹66 crore disgorgement

Three wishes for 2025

Industry must invest in technology and international sales, economic policy must focus on structural change and productivity, and politics on ideas

The art of the career pivot

My coachee was taking me through the journey of his career and ended by saying that he was planning to get himself certified as an independent director so that when he retires he can look for ID positions in engineering companies (his domain of expertise).

Flexible approach

Orderly rupee depreciation must be allowed