CATEGORIES

Conflict management: Thy name is governance

In the realm of market regulation, managing conflict is the key to effective governance

1st in India: Airtel's AI-powered spam detection goes live today

Bharti Airtel on Wednesday announced a network-based solution that will use artificial intelligence (AI) and 250 parameters to detect spam calls and messages for the telecom company's customers.

Zoho joins ONDC with Vikra app

SaaS major Zoho on Wednesday announced that it was joining the Open Network for Digital Commerce (ONDC) network with the launch of Vikra, a seller side app, and Zoho IoT, a low-code platform enabling businesses to build and deploy custom IoT (Internet of Things) solutions.

‘Buy’ consensus in Nifty 200 index at 61, lowest in a decade

Analysts are having a hard time recommending stocks worth buying in India's $5 trillion equity market.

Exchanges call for better scrutiny by merchant bankers

Amid concerns over the quality of issuances by small and medium enterprises (SMEs) and rising instances of violations, stock exchanges have urged investment bankers to enhance scrutiny and ground checks before filing documents for an initial public offering (IPO).

Zerodha's profit swells 62% in FY24

Discount stock broker Zerodha on Wednesday reported a 61.5 per cent year-on-year (Y-o-Y) jump in profit during the financial year 2023-24 to ₹4,700 crore while revenues jumped 21 per cent to ₹8,320 crore.

Asset quality key monitorable for Cholamandalam Investment

Cholamandalam Investment and Finance's (Chola) share has yielded one of the best returns in the last month.

Sebi sets up FPI outreach cell

The Securities and Exchange Board of India (Sebi) has established an outreach cell for foreign portfolio investors (FPIs).

In a first, Sensex finishes above 85K, Nifty tops 26K

Benchmark Sensex closed above the 85,000 level for the first time while Nifty scaled the 26,000 peak at close on Wednesday as fag-end buying in banking and power shares helped stock markets recoup early losses.

IPO hopes drive NSE's valuation 2x

National Stock Exchange's (NSE's) valuation in the private markets has doubled to $36 billion in the last four months, backed by investor expectation that an initial public offering (IPO) could materialize as early as the first quarter of next year, according to people familiar with the matter.

Max Healthcare stock in the pink of health

Acquisitions, organic growth to improve profit trajectory

A Sri Lankan victory at Hindu College

Professors, batchmates reminisce new Sri Lanka PM Harini Amarasuriya's campus days in Delhi

QS rankings: 3 IIMs among world's top 100 for MBA courses

Three Indian Institutes of Management (IIMs) and Indian School of Business, Hyderabad have figured in world's top 100 for their MBA courses, according to QS rankings announced on Wednesday.

Auspicious Nov stars shine on wedding biz

Hotels booked to capacity; makeup artistes, caterers have their hands full

Ahead of festival season, online home searches pick pace

As the festival season kicks in, the online searches for homes in India have started to pick up again after seven months of low activity, a report released on Wednesday said.

Infy GST notices: Relief in sight, 2 options on table

Finance ministry may declare notices null and void or reduce tax liability

Byju's in default of $1.5 bn loan, affirms Delaware SC

Allows US lenders to take control of firm's American assets, primarily Byju Alpha

SWIGGY IPO GETS SEBI NOD, NOV LAUNCH LIKELY

Food delivery major Swiggy has been given the go-ahead by the Securities and Exchange Board of India (Sebi) to launch its much-anticipated initial public offering (IPO), according to people in know.

L&T bags ₹15K cr order for grid expansion in West Asia

Indian construction giant Larsen & Toubro (L&T) on Tuesday said its power transmission and distribution arm has bagged \"mega\" orders valued between ₹10,000 to ₹15,000 crores to expand and strengthen electricity grids in Saudi Arabia and United Arab Emirates.

‘Carrefour looking to export from India in next five years’

Carrefour is planning to expand in India through a cluster format and also considering entry into quick commerce. In an exclusive interview with Sharleen D'Souza in Mumbai, PATRICK LASFARGUES, international partnership executive director, Carrefour, and NILESH VED, Chairman of the Apparel group, which is a franchise partner of the French major, speak about the retail chain's India plans. Edited excerpts:

Shankh Air gets govt nod, set to be UP's first airline

India's newest airline, Shankh Air, has received approval from the Civil Aviation Ministry to operate in the country, according to news reports.

Talent groomed globally coming to India, for India'

HANS DEKKERS, general manager of IBM Asia-Pacific (APAC), took over the helm of the region in August this year. He believes that while the APAC region is vast, India presents the largest opportunity for the firm. In an interview with Shivani Shinde at the its flagship event, IBM Think, in Mumbai, he discusses opportunities, artificial intelligence (AI) and generative AI (GenAI) adoption, and regulatory impact. Edited excerpts:

More urban shoppers opting for Qcom platforms: NIQ

Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study.

Feature phone companies may red flag DoT mandate

Mobile device makers are set to raise concerns about a Department of Telecommunications (DoT) notification issued on September 17, mandating that all feature phones sold in the country support the 'auto readout' of emergency messages in Hindi, English, and four additional languages initially.

Samsung: Workers paid 1.8x of average industry salary in Sriperumbudur

As the strike by Samsung Electronics employees in Sriperumbudur on the outskirts of Chennai entered its 16th day, the company on Tuesday claimed that it is paying 1.8 times of the average salary that manufacturing workers in the region are getting.

‘More than 1 in 4 Indians likely to visit Flipkart sale’

More than one out of four Indians are expected to visit Flipkart during the e-commerce firm's flagship festival sales event The Big Billion Days' (BBD) 2024 that starts from September 27, according to top company executives.

Das: Strong fundamentals crucial amid global unrest

Strengthening core fundamentals is the best defence against global uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Tuesday amid heightened tensions in West Asia.

Makers of electronic goods oppose draft recycling rules

Meity officials support the view of associations representing manufacturers

Govt extends import regime for IT hardware products till Dec 31

The Centre on Tuesday extended the import management system for laptops and other IT hardware products by three months - till December 31 - and asked companies to seek fresh approvals for imports from January 1, based on the new guidelines. The existing system is valid only till September 30.

13 candidates in fray for PNB top job

FSIB likely to conduct interviews next month