CATEGORIES

EU to look at 'flexibilities' for carmakers over emission fines

THE EUROPEAN UNION (EU) will look at ways it can support carmakers as the industry faces the prospect of billions of euros of fines for failing to meet emissions targets this year.

Maruti misses Q3 estimates, profit up 13% to ₹3,525 crore

• Input cost rises by 17% to ₹12,991 cr

Mobile AI apps now a $2-bn mkt

CHATGPT EARNINGS > OTHER AI APPS

Sony's Totoki takes CEO role, cementing leadership position

Totoki will add the CEO role from April 1, while incumbent Chairman and CEO Kenichiro Yoshida will remain as chairman, the entertainment and tech conglomerate said.

Opposition alleges 'VIP culture'

THIRTY PEOPLE DIED and at least 60 were injured in a pre-dawn stampede Wednesday at the Maha Kumbh in Prayagraj where hundreds of thousands gathered to take a dip at the Sangam.

Domicile-based quota in PG medical courses unconstitutional: SC

THE SUPREME COURT on Wednesday held that domicile-based reservation for admission to post-graduate medical courses within the State quota is unconstitutional as it violates the Right to Equality under Article 14.

Nykaa eyes affluent shoppers for growth

BEAUTY RETAILER FSN E-Commerce Ventures, which operates Nykaa, expects rising affluence to fuel its fast-paced growth in a nascent market as global brands from Dior to Shiseido and Tom Ford lure buyers even in the smaller cities.

Ambuja Cements reports Q3 net profit at ₹2,620 cr

ADANI GROUP FIRM Ambuja Cements on Wednesday reported a consolidated net profit of ₹2,620.09 crore for the third quarter ended December 2024.

Can India build DeepSeek-like LLMs?

● Focus on cost and accessibility is the crucial first step

Towards inclusive growth: Budget tax reforms to unlock potential

TAX REFORM is no longer just a political buzzword—it's a high-stakes game-changer that could reshape the financial landscape for years to come.

Odisha Govt Inks Investment Pacts Worth ₹13 Lakh Cr

JOINING OTHER STATES in the race to garner private and foreign investments, Odisha has secured investment commitments worth ₹12.89 lakh crore as against their initial estimate of around ₹5 lakh crore.

NxtGen, E2E, Jio may be lowest bidders...

FINALLY, THE RACE narrowed to 10 bidders in the commercial round.

Apple, SpaceX team up to bring Starlink connectivity to iPhone

APPLE HAS BEEN secretly working with SpaceX and T-Mobile US to add support for the Starlink network in its latest iPhone software, providing an alternative to the firm's in-house satellite-communication service.

Trifecta marks first close of ₹2K cr fund

VENTURE DEBT FIRM Trifecta Capital has announced the first close of its fourth fund after raising nearly half of the total targeted corpus of ₹2,000 crore, which includes a greenshoe option of ₹500 crore.

India's Economy May Face Challenging 2025: Moody's

Moody's Analytics forecasts India's economy facing challenges in 2025, with growth expected at 6.4%.

Towards tax transparency

BUDGET 2025 PRESENTS AN OPPORTUNE MOMENT TO BUILD ON POLICY REFORMS

Global CEO departures hit record high in 2024

CHIEF EXECUTIVES OF global companies left their jobs in record numbers last year, pushed by intense scrutiny from investors and pressure to keep up with change, according to leadership advisory firm Russell Reynolds Associates.

Buy-the-dip' keeps benchmarks steady

Indian markets showed resilience before the upcoming budget, driven by expectations of consumption and job creation.

₹100-cr credit guarantee scheme for MSMEs

The government on Wednesday approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to guarantee loans up to ₹100 crore for the purchase of plant and machinery and equipment to boost the manufacturing sector.

A path to tangible outcomes

THE ECONOMIC POLICY FRAMEWORK PROPOSED IN FY25 BUDGET MUST REST ON FOUNDATIONAL PILLARS

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Swiggy shares briefly fall below IPO price, close in the green

SHARES OF FOOD delivery giant Swiggy fell as much as 5.12% intra-day to 389.50 on Tuesday. It was for the first time that share prices fell below its IPO price of ₹390.

Could Trump end up with a limp dollar?

On a trade-weighted basis, the dollar is at close to the highest level it has ever been. Thus, on an objective basis, a decline would not be surprising

After DeepSeek rout, tech, Nvidia shares steady

TECHNOLOGY SHARES STEADIED on Tuesday, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout sparked by a low-cost Chinese artificial intelligence model that may threaten the dominance of US rivals.

US pauses foreign aid to Pakistan for re-evaluation

THE US HAS temporarily suspended foreign assistance to Pakistan for re-evaluation following an executive order issued by President Donald Trump, according to a media report on Tuesday.

Sebi rejects plea of Danny Gaekwad for Religare open offer

THE SECURITIES AND Exchange Board of India (Sebi) on Tuesday returned Florida-based businessman Digvijay (Danny) Gaekwad's letter seeking permission to make a competing open offer for acquiring shares in Religare Enterprises (REL).

Worst day for Re in nearly two weeks as tariff jitters lift dollar

THE RUPEE WEAKENED along with most of its regional peers on Tuesday as comments about trade tariffs from US President Donald Trump boosted the dollar a day after a selloff in US technology stocks had hurt the greenback.

Trump says ‘a wake-up call’ to US, hails low cost

US PRESIDENT DONALD Trump said that Chinese startup DeepSeek’s technology should act as spur for American companies and said it was good that companies in China have come up with a cheaper, faster method of artificial intelligence.

Boeing reports $11.8-bn loss

BOEING REPORTED ON Tuesday an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defence units and the fallout from a crippling strike by US West Coast factory workers.

Banks to benefit from easing of short-term borrowing cost

THE DECISION OF the Reserve Bank of India (RBI) to inject ₹1.5-lakh-crore liquidity into the bank-ing system is expected to bring down short-term borrowing costs for lenders, according to bankers.