CATEGORIES
Rupee gains 2p to settle at 84.83
THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor. Forex traders said the
Sebi notifies tighter insider trading rules
The Securities and Exchange Board of India (Sebi) has notified the expansion of the definition of \"connected persons\" who have access to price-sensitive information, with effect from December 5.
Equirus Wealth crosses ₹10K cr in assets under management
Equirus Wealth on Wednesday said it has surpassed ₹10,000 crore in assets under management (AUM).
Prioritising inclusion in social networking
● Famm Connect acts as a LinkedIn for the LGBTQ+ community
Making digital work for women
● UPI's ease of use allows them to expand business
Change course
The economy's capacity is constrained, Budget must unveil consumption booster and more
Building LLMs: a strategic necessity
TO ENSURE LONG-TERM RESILIENCE, IT IS IMPORTANT FOR INDIA TO TRAIN ITS OWN LLMs
Whither universal health coverage in India?
India's Universal Health Coverage policy should focus on the reduction of inequalities in our core health outcomes
ONGC eyes Shell, Petronas tie-ups
THE COMPANY IS also looking at Indian companies in a major way to help it monetise its isolated smaller discoveries by developing modular solutions such as Small LNG plants/Mobile LNG or CNG Plants etc.
Review of Nippon's deal with US Steel ongoing as latter's shares fall
A NATIONAL SECURITY review of Nippon Steel's $15 billion bid for US Steel is ongoing and President Joe Biden will see what it yields before making a decision on whether to block the deal, the White House said on Tuesday, cautioning he still opposes the tie-up.
ONGC eyes Shell, Petronas tie-ups
THE COMPANY IS also looking at Indian companies in a major way to help it monetise its isolated smaller discoveries by developing modular solutions such as Small LNG plants/Mobile LNG or CNG Plants etc.
US inflation rises 2.7%, solidifies bets on Fed cut
US CONSUMER PRICES rose at a firm pace in November that was in line with expectations, solidifying expectations for the Federal Reserve to cut interest rates next week.
ReNew Energy to buy out US-listed shares
AN EMAIL SENT to the company did not elicit any response until the time of going to the press.
RBI has huge responsibility to ensure growth: Governor
● Central bank to ensure growth to continue, says Malhotra after assuming charge
Bajaj Fin may face asset quality, credit cost challenges
SHARES OF BAJAJ Finance (BFL) gained 2.61% to close at ₹7,115.75 on the BSE on Wednesday, a day after the management shared an upbeat guidance and spoke about its long-range strategy (2025-2029) and artificial intelligence (AI) pivot during a meeting with analysts.
TKM: Taxes on cars must be tech-agnostic
TAXATION OF AUTOMOBILES
InMobi's Glance TV ties up with Airtel
INMOBI'S GLANCE, WHICH provides lockscreen content on mobile phones, has partnered with Bharti Airtel to extend the offering to television, specifically connected TVs (CTVs), the companies said on Wednesday.
Bhartias to buy 40% in Coke's India bottler
MORE IMPORTANTLY, THE stake sale is likely to pave the way for an initial public offering of HCCB in about two years, sources added.
Toyota brings new Camry, looks to take on Audi, Merc
TOYOTA KIRLOSKAR MOTOR on Wednesday drove in the all-new Camry sedan priced ₹48 lakh, ex-showroom, making it a competitor to luxury cars like Mercedes-Benz C-Class (₹59.4 lakh), BMW 3 Series Gran Limousine (₹60.6 lakh), and Audi A4 (₹46.02 lakh).
GMR rolls out AI tool for airport ops
● After Hyderabad, facility to be launched in Delhi
RPower arm bags 930 MW contract from SECI
RELIANCE NU SUNTECH, a subsidiary of Reliance Power, has bagged a 930 MW solar energy contract for battery energy storage system (BESS) project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on December 9.
Adani opts out of US funding for Colombo Port project
ADANI GROUP HAS pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying that it will use its own resources for the project.
FMCG firms count on revival in urban demand by FY26
SLOWDOWN LIKELY TO PERSIST IN NEXT TWO QUARTERS
Zepto to roll out separate app for Cafe offerings
QUICK COMMERCE PLATFORM
286 primary agri credit societies apply to set up fuel pumps: Shah
AS MANY AS 286 primary agricultural credit societies from 25 states and Union Territories have applied so far to set up retail petrol and diesel outlets, Cooperation Minister Amit Shah informed Parliament on Wednesday.
Concern in govt: Pvt sector profit at 15-year high but salaries stagnant
● From services to manufacturing, wages show marginal growth
ADB lowers India growth estimate to 6.5% for FY25
MUTED OUTLOOK
Agriculture has tremendous opportunity to grow vertically: ITC chairman
THERE IS A 'serious concern' over food and nutrition security across the world, and it is among the factors that are making food inflation 'sticky', ITC chairman & managing director Sanjiv Puri said on Wednesday.
Pharma exporters fret over regulatory hurdles
CHALLENGING TIMES
CCI looking at killer, creeping acquisitions in digital market
The Competition Regulator is closely watching the mergers and acquisitions (M&As) in the digital market to identify \"killer\" and \"creeping\" acquisitions.