CATEGORIES

Omkara AMC acquires ₹750-cr stressed assets

OMKARA ASSET RECONSTRUCTION Company, which has gross assets under management (AUM) of nearly ₹16,000 crore, has acquired stressed assets worth ₹750 crore from two entities, comprising a total of over 4,000 retail accounts.

Rupee remains steady on likely RBI intervention

The rupee remained largely steady on Monday on likely intervention by the Reserve Bank of India (RBI), ending the day at 85.54 against the dollar.

Monday blues: Benchmark indices close in the red

IT WAS A ROLLER-COASTER ride for the benchmark indices on Monday.

10-Year G-Sec Yields May Ease to 6.60% by Mar: Tata AMC

The yield on the 10-year benchmark is expected to fall to 6.60% by the end of March and could fall further to 6.50%, Akhil Mittal, senior fund manager-debt at Tata Asset Management, told FE.

Flyers left in the cold as delays surge

More than 2.39 million passengers were directly affected by delays in the first 11 months of the year, a 27% increase compared to the same period in 2023.

Healthcare sector to touch $320 billion by 2028: Report

INDIA'S HEALTHCARE SECTOR is expected to reach $320 billion by 2028, said a report by 'Great Place to Work'.

Reliance seeks premium for KG block oil

Quality Surcharge

Growing regulatory scrutiny awaits e-commerce firms

KEY CHANGES SET TO RESHAPE OPERATIONAL LANDSCAPE

BII Revises Investment in Mahindra's EV Firm

UK-BASED INVESTOR British International Investment (BII) and Mahindra & Mahindra (M&M) have mutually agreed for a downward revision of former's investment into M&M's electric vehicle making company.

IT Firms May Face Cost Hikes With H-1B Overhaul

Visa changes unlikely to become more restrictive

Adani Green Energy's CEO Amit Singh to step down

ADANI GREEN ENERGY'S chief executive officer Amit Singh will step down to take up the role of the chief of the international energy business of the Adani Group, the renewable energy firm said on Monday.

Bata India set to roll out VRS scheme at Hosur facility in TN

BATA INDIA ON Monday said that it will introduce a voluntary retirement scheme (VRS) at its Hosur unit in Tamil Nadu.

Nissan turns to Honda to steer India operations out of crisis

● Nissan faces decline in market share and fewer dealerships

Future forward: How AI will redefine new year

ARTIFICIAL INTELLIGENCE (AI) is set to redefine industries in 2025, driven by advancements in agentic AI, smaller language models (SLMs), and domain-specific solutions.

Festive cheer missing as retail sales growth slows, finds study

THE RETAIL SECTOR's festive sales growth failed to meet expectations this year, reflecting subdued consumer demand, according to the Retailers Association of India (RAI).

Rabi sowing in last leg, a tad above year-ago level

Less than a fortnight left for the season to be over, sowing of rabi crops such as wheat, pulses, oilseeds and coarse cereals has crossed the year-ago level, even as oilseeds area has declined on year.

External debt rises to $711.8 bn in Sept

INDIA'S EXTERNAL DEBT rose to $711.8 billion as of September this year, up 4.3% over June 2024, as per the data released by the finance ministry.

India to Push for Banana Exports to Russia

AFTER ACHIEVING SUCCESS in banana exports to Europe and West Asia, the government is now eyeing the Russian market, currently dominated by Ecuador, a senior official said on Monday.

Govt plans to double subsidy for chip design to ₹30 crore

THE MINISTRY OF electronics and IT (MeitY) is working on a proposal to double the subsidy under the design-linked incentive (DLI) scheme, a key component of India's ₹76,000-crore semiconductor incentive programme.

Rooftop solar scheme: Rules for financial aid released

THE MINISTRY OF new and renewable energy (MNRE) has issued operational guidelines for implementing the payment security mechanism (PSM) and central financial assistance (CFA) for residential consumers through the renewable energy services company (RESCO) model and utility-led aggregation (ULA) model under the PM Surya Ghar Muft Bijli Yojana.

Revised GMP norms for pharma firms to kick in from Jan 1

WITH THE REVISED Schedule M guidelines for good manufacturing practices (GMP) to come into force from January 2025, and there's no likely extension of the deadline for meeting the new norms, the pharma sector is staring at a crisis situation.

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Microfinance faces rising delinquencies

THE MICROFINANCE SECTOR is showing signs of stress, with rising delinquencies across all types of lenders and ticket sizes, the Reserve Bank of India (RBI) stated in its latest Financial Stability Report.

...while funding gap widens

Rising money market spreads and increased reliance on CDs and commercial papers by banks and NBFCs to cover funding shortfalls are highlighted in the RBI's latest Financial Stability Report.

RBI Red-Flags Worsening Asset Quality in Unsecured Loans

Growth in personal loans moderates post regulatory measures

Mandi rates of pulses fall but retail prices high

RETAIL PULSES PRICES continue to rule firm despite a fall in mandi prices due to the arrival of kharif harvests and robust imports.

In a problem-solving mode

REGULATORS STEP UP TO SECURE SECTOR STABILITY

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Isro to demonstrate docking of satellites in space in Jan

ISRO is set to launch two satellites tonight from the Sriharikota spaceport to demonstrate docking and undocking of spacecraft in orbit, which will make India the fourth country in the world to achieve the feat.

Funding rebound augurs well for startup ecosystem

STARTUP EXPERTS FORESEE a steady rebound in startup funding, driven by strong economic fundamentals and a focus on sustainable growth in 2025.

All eyes on Virat & Rohit to plot a magical win, rediscover glory

IF SUNDAY'S TEST cricket at the MCG was exhilarating, a mouth-watering Monday awaits the audience on Monday.