CATEGORIES

QIBs come to rescue of Hyundai India IPO
Business Standard

QIBs come to rescue of Hyundai India IPO

Country's largest issue booked 2.4x; retail investors stay away

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2 mins  |
October 18, 2024
Concor's growth route shifts as demand dips
Business Standard

Concor's growth route shifts as demand dips

Weak exim volumes, competitive pressures add to logistics firm's demand woes

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2 mins  |
October 17, 2024
Business Standard

Benchmarks fall as IT, auto shares retreat

Benchmark indices declined for the second day. The Sensex fell 318.76 point or 0.39 per cent to settle at 81,501.36 while the Nifty dipped 86.05 point or 0.34 per cent to close at 24,971.30 on Wednesday.

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1 min  |
October 17, 2024
Business Standard

Global fund managers pare India allocation: BofA

Global fund managers increased their allocation to China at India's expense after Asia's largest economy unleashed a stimulus package, according to a survey conducted by BofA Securities.

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1 min  |
October 17, 2024
Quant MF scoops up nearly half of AEL's ₹4.2K cr QIP
Business Standard

Quant MF scoops up nearly half of AEL's ₹4.2K cr QIP

Subscribes 6.66 mn shares at ₹2,962 apiece

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2 mins  |
October 17, 2024
MF licence aspirant list swells with new wave of AMCs ready to roll
Business Standard

MF licence aspirant list swells with new wave of AMCs ready to roll

New applications serve as launchpad for diversifying business and expanding capital market reach

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2 mins  |
October 17, 2024
' 'Kutty Japan' faces crackle of fireworks, barium bans
Business Standard

' 'Kutty Japan' faces crackle of fireworks, barium bans

Impressed by its industrial vibrancy, former prime minister Jawaharlal Nehru affectionately referred to this small city in Tamil Nadu as 'Kutty Japan' (Kutty means 'mini' in Tamil). Now, in 2024, Nehru's Kutty Japan, popularly known as Sivakasi, still contributes to over 85 per cent of the fireworks made in the country, lighting up the festive colours of every city and village in India.

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2 mins  |
October 17, 2024
Agencies actively pursuing bomb threat cases: Minister
Business Standard

Agencies actively pursuing bomb threat cases: Minister

Law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation, Civil Aviation Minister K Rammohan Naidu said on Wednesday.

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2 mins  |
October 17, 2024
Business Standard

Amazon Prime Video to introduce ads next year

Amazon's streaming platform Prime Video will include advertisements in shows and films for Indian viewers starting next year.

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1 min  |
October 17, 2024
Business Standard

Why language needs more than a tag

Earlier this month, the Union Cabinet granted classical language status to Marathi, Pali, Prakrit, Assamese, and Bengali. With Tamil (2004), Sanskrit (2005), Telugu (2008), Kannada (2008), Malayalam (2013), and Odia (2014) already designated as classical languages, this brings the total to 11.

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3 mins  |
October 17, 2024
I'm back: Omar Abdullah takes charge as J&K CM
Business Standard

I'm back: Omar Abdullah takes charge as J&K CM

5 ministers take oath, including Dy CM from Jammu region and 1 Independent

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3 mins  |
October 17, 2024
Saini elected BJP legislature chief in Haryana; set to take oath today
Business Standard

Saini elected BJP legislature chief in Haryana; set to take oath today

Nayab Singh Saini on Wednesday staked claim to form the next government in Haryana, hours after he was unanimously elected as the leader of the BJP legislature party in the state.

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1 min  |
October 17, 2024
Business Standard

Maha's pre-poll welfare schemes unlikely to hit state's fiscal health

The series of welfare schemes announced by the Maharashtra government ahead of the Assembly elections is unlikely to hit the fiscal health of the state in the financial year 2025 (FY25), according to rating agency ICRA. The agency said that the state's market borrowings remained within prudential norms.

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1 min  |
October 17, 2024
Two great architects
Business Standard

Two great architects

The aesthetics of Ratan Tata and Christopher Benninger made India a nicer physical place

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5 mins  |
October 17, 2024
Business Standard

Green power

New plan will aid the transition

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2 mins  |
October 17, 2024
Business Standard

Satellite communication

Trai must clear the way

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2 mins  |
October 17, 2024
Business Standard

The woes of illegal construction

We often spot one corner or part of a city that seems untouched by infrastructure development. These areas are often dotted with numerous cramped buildings, shops occupying pavements and roads, which cause traffic congestion. Loose wires hang precariously from poles, and multiple basements pose fire hazards.

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3 mins  |
October 17, 2024
Business Standard

Morgan Stanley's investment banking revenue surges 56%

Morgan Stanley's profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record.

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1 min  |
October 17, 2024
‘Age of electricity to follow fossil fuel peak: IEA
Business Standard

‘Age of electricity to follow fossil fuel peak: IEA

The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas supplies could drive investment into green energy, the International Energy Agency said on Wednesday.

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1 min  |
October 17, 2024
Jaishankar at SCO: Terrorism hurdle to regional trade
Business Standard

Jaishankar at SCO: Terrorism hurdle to regional trade

Delivering a thinly veiled message to Pakistan from its capital, External Affairs Minister S Jaishankar on Wednesday said if activities across borders are \"characterised\" by terrorism, extremism, and separatism, they are hardly likely to encourage trade, energy flows, and connectivity in parallel.

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1 min  |
October 17, 2024
Business Standard

EU AI Act checker reveals Big Tech's compliance pitfalls

Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.

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1 min  |
October 17, 2024
LVMH's fall from grace in China rattles luxury investors
Business Standard

LVMH's fall from grace in China rattles luxury investors

Eighteen months ago, LVMH shares were trading at a record high and the group's controlling shareholder, Bernard Arnault, was the world's wealthiest person.

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2 mins  |
October 17, 2024
Israeli strikes kill 15 in town with dark history in Lebanon
Business Standard

Israeli strikes kill 15 in town with dark history in Lebanon

Attack on southern town of Nabatieh kills six, including local mayor

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1 min  |
October 17, 2024
Business Standard

Ahead of Diwali, govt staffers get 3% DA hike

With Diwali drawing close, the Union Cabinet on Wednesday announced a 3 per cent hike in dearness allowance (DA) for central government employees, and a similar 3 per cent jump in dearness relief (DR) which goes to pensioners.

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1 min  |
October 17, 2024
Cabinet okays MSP boost for rabi crops
Business Standard

Cabinet okays MSP boost for rabi crops

May not have big inflationary impact: BoB analysis

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2 mins  |
October 17, 2024
Business Standard

OIS rates surge on US yields, RBI stance

Overnight index swap (OIS) rates have been soaring in October due to the rise in US Treasury yields and on the expectations of delayed rate cut by the Reserve Bank of India's rate setting panel, said dealers.

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1 min  |
October 17, 2024
Business Standard

US, UK push ahead with India despite Trudeau's allegations

Canada's allies, the United Kingdom (UK) and the United States (US), signalled they will continue to pursue stronger ties with the Indian government, despite Prime Minister Justin Trudeau's allegations that Indian diplomats secretly collected intelligence on Sikh separatists living in Canada who were then threatened, extorted or killed.

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1 min  |
October 17, 2024
2nd time in 20 yrs, manufacturing jobs outpace sector growth
Business Standard

2nd time in 20 yrs, manufacturing jobs outpace sector growth

Capital intensity adds horsepower to the sector in latest ASI data

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1 min  |
October 17, 2024
Business Standard

Insurers get till FY27 for new accounting norms

The Insurance Regulatory and Development Authority of India (Irdai) has asked both bank-sponsored and non-bank-sponsored insurance companies to implement IFRS 17 regulations by FY27, a move that will give these companies time for implementation.

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1 min  |
October 17, 2024
Business Standard

RINL funding decision likely next month

Govt awaits UK consulting firm's viability report on Navratna entity

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1 min  |
October 17, 2024