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Business Standard

₹ weakens below 84 vs $ amid FPI selloff, costlier oil

The Indian rupee dropped below 84 per dollar for the first time to hit a new low on Friday amid continued selling of domestic equities by foreign portfolio investors (FPIs) and growing concerns about the rise in crude oil prices, currency dealers said.

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1 min  |
October 12, 2024
Funding newer ventures Tata Sons' priority
Business Standard

Funding newer ventures Tata Sons' priority

Tata Sons has seen a remarkable surge in net profit in recent years, yet the group's holding company has channeled these gains predominantly into new ventures, rather than opting for higher dividend payouts.

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4 mins  |
October 12, 2024
Tapping wastewater: Govt floats up to 50% reuse mandate for bulk users by '31
Business Standard

Tapping wastewater: Govt floats up to 50% reuse mandate for bulk users by '31

The government has proposed regulations aimed at reducing water waste, with new mandates that set a bold target: Up to 50 per cent wastewater reuse by 2031 for bulk consumers.

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2 mins  |
October 12, 2024
A life that lives beyond
Business Standard

A life that lives beyond

The passing of Ratan Tata marks the loss of not only an iconic leader but also a global visionary whose influence extended far beyond business.

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2 mins  |
October 11, 2024
Business Standard

Ratan Tata: The unlikely social media star

On Monday, Ratan Tata posted on social media: \"Thank you for thinking of me,\" debunking rumours about his health. Just two days later, on Wednesday, the former Tata Group chairman passed away in a Mumbai hospital at the age of 86.

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1 min  |
October 11, 2024
Business Standard

Paytm appears poised for rebound

While Paytm (One97 Communications) is not completely past regulatory hurdles, its share price has gained in the last month or two. The Paytm handle migration is complete along with FDI clearance necessary for the Payment Aggregator (PA) license.

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2 mins  |
October 11, 2024
Love-all, RAFA
Business Standard

Love-all, RAFA

'KING OF CLAY' TO SIGN OFF FROM PROFESSIONAL TENNIS BY THE END OF THIS SEASON

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3 mins  |
October 11, 2024
Business Standard

Aman for startups

Ratan Tata was known as much for his business acumen as for his philanthropy. However, a lesser-known fact was his stellar track record when it came to startup investment.

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1 min  |
October 11, 2024
RBI's inflation caution may halt FMCG rally
Business Standard

RBI's inflation caution may halt FMCG rally

Analysts suggest buying quality stocks on dips for long term

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3 mins  |
October 11, 2024
Indices close marginally higher
Business Standard

Indices close marginally higher

Equity benchmark indices Sensex and Nifty settled higher on Thursday due to gains in banking, power, and industrial stocks amid a firm trend in global markets.

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1 min  |
October 11, 2024
Business Standard

Oil gains after 2-day decline

Oil rose after a two-day decline as traders watched for an Israeli response to Iran's missile attack early last week, while US crude stockpiles expanded the most since April.

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1 min  |
October 11, 2024
Pro-rata distribution mandate for AIFs likely to see tweaks
Business Standard

Pro-rata distribution mandate for AIFs likely to see tweaks

Final norms to ensure excuse, exclude provisions co-exist

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2 mins  |
October 11, 2024
Bernstein downgrades Indian stocks on valuation concerns
Business Standard

Bernstein downgrades Indian stocks on valuation concerns

Bernstein Societe Generale Group's Asia quant strategists have downgraded Indian stocks due to valuations, while predicting further upside for Chinese equities on a policy boost.

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1 min  |
October 11, 2024
Equity MFs rake in ₹34K cr in Sep
Business Standard

Equity MFs rake in ₹34K cr in Sep

Inflows into equity schemes positive for 43rd straight month; MF industry AUM tops ₹68 trillion

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2 mins  |
October 11, 2024
Deadline for direct demat payout extended to Nov 11
Business Standard

Deadline for direct demat payout extended to Nov 11

The Securities and Exchange Board of India (Sebi) on Thursday extended the deadline to implement direct payout of securities to demat account from October 14 to November 11 to ensure a hassle free implementation.

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1 min  |
October 11, 2024
BRAINSTORM OVER BASE YEAR
Business Standard

BRAINSTORM OVER BASE YEAR

Mospi's move to change GDP's base year aims to improve accuracy, address controversies, and align with economic realities

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5 mins  |
October 11, 2024
Business Standard

DLF set to launch India's most expensive project in Gurugram

DLF, the country's biggest realty firm in terms of market capitalisation, is set to launch the most expensive project in India's real estate history - DLF The Dahlias, right across the road from the existing Camellias, on Golf Course Road in Gurugram.

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1 min  |
October 11, 2024
Business Standard

Realty projects worth ₹7,200 cr get govt nod

Uttar Pradesh has approved real estate projects worth ₹7,200 crore to boost supply of residential and commercial spaces in the state. Almost three dozen new projects are approved covering construction of around 11,200 units.

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1 min  |
October 11, 2024
Business Standard

‘India-US working closely for safe AI’

India and the United States (US) are working closely to enable 'safe, secure, and trustworthy' artificial intelligence (AI) that can be applied in diverse societies, Seth Center, acting special envoy for critical and emerging technology, said on Thursday.

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1 min  |
October 11, 2024
Business Standard

New mineral policy on cards

The state government is set to introduce a new mineral policy, aimed at boosting mining revenue and optimising operations.

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1 min  |
October 11, 2024
PM reveals 10-point plan to boost India-Asean ties
Business Standard

PM reveals 10-point plan to boost India-Asean ties

Says trade deal review by 2025 to harness group's greater economic potential

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1 min  |
October 11, 2024
Business Standard

Tata leaves behind an unfulfilled dream: A Nano EV

From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano.

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2 mins  |
October 11, 2024
A career of exits & mega acquisitions
Business Standard

A career of exits & mega acquisitions

The defining feature of Ratan Tata's tenure as chair of Tata Sons and the Tata Group was a series of high-profile overseas acquisitions that put the conglomerate - and corporate India - on the global map. These acquisitions transformed a once India-centric family enterprise into a global business group. However, before embarking on global expansion, Tata pruned and consolidated the group's domestic portfolio, giving particular attention to ventures in the consumer space.

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4 mins  |
October 11, 2024
The aviator: How Ratan Tata finally made his group fly
Business Standard

The aviator: How Ratan Tata finally made his group fly

In a December 2012 interview, Ratan Tata, then preparing to step down as chairman of Tata Sons, expressed doubts about the Tata group re-entering the aviation sector, calling it a space plagued by \"destructive competition\". But beneath that frustration lay nearly two decades of failed attempts to conquer the Indian skies.

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2 mins  |
October 11, 2024
Tatas & Mistrys: Two old biz families and a feud
Business Standard

Tatas & Mistrys: Two old biz families and a feud

The public fallout between Ratan Tata (right) and Cyrus Mistry altered a long-standing alliance

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2 mins  |
October 11, 2024
How Tata transformed under Ratan
Business Standard

How Tata transformed under Ratan

From a disjointed mammoth, the group turned into a cohesive colossus

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3 mins  |
October 11, 2024
Of friendship and the vastness of tomorrow
Business Standard

Of friendship and the vastness of tomorrow

How a dinner at Los Angeles sparked an exploration of India's vibrant entrepreneurial landscape

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3 mins  |
October 11, 2024
Business Standard

The man who saw tomorrow

For doubters that business can be a primary source of good, they just need to reflect on Ratan Tata.

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4 mins  |
October 11, 2024
In spite of the odds
Business Standard

In spite of the odds

Ratan Tata, who died on Oct 9, was an unlikely group chairman. But he dispelled all doubts in scripting an indelible chapter of business history

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4 mins  |
October 11, 2024
Who's who in Tata Trusts
Business Standard

Who's who in Tata Trusts

Noel Tata has been the main driver at Trent. Will he now lead the Tata group?

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3 mins  |
October 11, 2024