CATEGORIES

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

Jio profit jumps 4.9% to ₹6,861 cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

LTIMindtree Q3 net profit falls 7.14% to ₹1,085 cr

IT SOLUTIONS PROVIDER LTIMindtree on Thursday reported a 7.14% decline in consolidated net profit to ₹1,085.4 crore in the December quarter of FY25.

Delivery dilemma

● Why criticism against q-comm practices is growing

China's export curbs to impact solar & EV firms in India: GTRI

INDIAN FIRMS in the electronics, solar, and electric vehicle (EV) sectors are experiencing delays and disruptions due to China's restrictions on export of key inputs and machinery, according to trade policy think tank GTRI.

Agri & processed food exports grow over 11% to $17.77 bn

RICE SHIPMENTS SURGE

A bridge not so far

There is a need for a unified platform to link aspiring entrepreneurs with industry stalwarts and mentors

A first: Isro docks 2 satellites in space

BECOMES 4TH NATION TO ACHIEVE THE FEAT

Both apps of ShareChat to turn profitable by Apr: CBO

ShareChat expects its apps, ShareChat and Moj, to turn profitable by April, company's chief business officer Gaurav Jain said.

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to \" 6,806 crore, slightly above analysts' expectations of \" 6,773 crore.

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

Ficci Lowers FY25 Growth Forecast to 6.4%

INDUSTRY BODY FICCI lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fueled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

India Likely to Maintain Strong Growth in 2025: WEF Report

THE GLOBAL ECONOMIC outlook for 2025 remains \"subdued\", but India is likely to maintain a \"strong growth\", according to a World Economic Forum (WEF) report.

Partners, not rivals, in delivery ecosystem

The synergistic relationship of GCCs and GSIs will continue to fuel India's technological prowess as it supports the front and back offices of companies

Kalyani siblings spar over Vaghul letters

A FIERCE DISPUTE has erupted between the Baba Kalyani and Hiremath families over letters written by the late N Vaghul in 2012 and 2023, addressing family arrangements and asset division among the Kalyani siblings.

Saif Ali Khan stable after being stabbed

ACTOR SAIF ALI Khan was seriously injured early Thursday morning in what police are calling a failed robbery attempt at his residence in Mumbai's Bandra (West) area.

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

Next fundraise may trim govt holding to below 75%: BOM MD

BANK OF MAHARASHTRA (BOM) on Thursday said the next round of capital raise is expected to bring down the government holding in the lender to below 75%.

Did not violate conduct: Justice Yadav

A MONTH AFTER he was called by the Supreme Court Collegium over his remarks targeting Muslims at a Vishwa Hindu Parishad event in Prayagraj, Justice Shekhar Kumar Yadav of the Allahabad High Court has written to the Chief Justice, saying he stands by his remarks which, he maintained, did not violate any principle of judicial conduct.

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

BP to cut 5% of workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

RBI Receives Bids Worth ₹30,760 Cr in VRR Auction

● Primary dealers emerged as main participants

BofA Profit Jumps on Trading Boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

From mud to the mat

● The Kho Kho Federation is sparing no effort to put the sport on the map

Nate Anderson: The self-proclaimed messiah

The decision to disband now is curious. Anderson's reply, \"There is not one specific thing—no particular threat, no health issue, and no big personal issue.\"

Govt looking at impact of US curbs on AI chip export

The government is evaluating the impact of the US proposal to cap exports of AI chips worldwide on India's plan to drive the adoption of artificial intelligence locally, a senior official said on Thursday.