CATEGORIES

Blockbuster pricing: Box office booster or keeping viewers away?

The strategy of pricing film tickets exorbitantly during festivals such as the recent Diwali weekend on the assumption that people have more money at their disposal during the holidays has divided theatre operators and experts.

Insolvency board seeks to limit liquidators, discretion

The Insolvency and Bankruptcy Board of India (IBBI) has sought to limit the discretion of officials authorized to liquidate insolvent companies and has said they must consult creditors compulsorily when rejecting the highest bids.

Steelmakers place hopes on Q4 as prices stay at 4-yr low

Despite hints ofa rebound, prices in QB are expected to be lower by ₹l,500-2,000 per tonne

NTPC eyes green fuel offtake to 2 MNCs

Australian mining major Fortescue is in talks with NTPC to produce green hydrogen at its ₹1.85tn hub in Andhra Pradesh

Apple's India revenue climbs 36% in FY24

The tech giant has been Scoring record quarterly sales in India Since 2023

SC's tax credit ruling gives relief to telcos

Overturns 2014 verdict denying telecom firms credits for these items

Adani mulls surrendering 5G spectrum

Adani Data Networks, a subsidiary of Adani Enterprises, which bought 5G spectrum in the 26 GHz band in the 2022 auctions, is mulling surrendering the airwaves after over two years of not using them, said four people aware of the development.

Risk to Sobha's ambitious FY25 pre-sales guidance looms

After a muted first half (H1FY25), South India-focused realty company Sobha Ltd is lagging on pre-sales and new launches.

OfBusiness hires Axis, JPMorgan, Citi for 2025 IPO

Of Business is unconcerned by the recent market correction in India, said Nitin Jain, the firm's co-founder

Hyundai's margin woes persist

Hyundai Motor India Ltd's lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance.

Hotels looking to tap into IPO frenzy fuelled by new-age firms

The confidence to tap the market is backed by a strong comeback, thanks to a surge in travel after the pandemic

Why retail investors continue to root for underdogs

India's retail investor landscape is undergoing a dramatic transformation. While a diverse range of stocks has captured the fancy of individuals fishing in the equity markets, the mid- and small-cap segment—perceived as riskier but with higher potential returns—remains a key draw.

GDP growth may have moderated to 6.5% in Q2, says Icra

India's GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY25 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra.

Govt to revise rules for radar-based vehicle speed guns

The department of consumer affairs is finalizing new rules to regulate radar equipment used for measuring vehicle speeds, a move that aims to improve road safety.

Centre eyes 95% of undershot capex target for FY25: Ajay Seth

The government's capital expenditure (capex) for FY25 is projected to align closely with last year's spending, at around 95% of the allocated target, though the target itself may be undershot, Ajay Seth, secretary of the department of economic affairs (DEA) said on Wednesday.

Akshaya Patra set to serve meals in Indonesia, Kenya

Indonesia has plans to launch a free meal programme for schoolchildren, inspired by India

Surrogate ads via CSR under scrutiny

The CCPA has invoked Clause 13 of the existing guidelines for the prevention of misleading advertisements

EESL to sell entire 49% in smart meter joint venture

State-run Energy Efficiency Services Ltd (EESL) plans to sell its 49% stake in IntelliSmart Infrastructure Pvt. Ltd, its joint venture with National Investment and Infrastructure Fund Ltd (NIIF) for smart metering and digital solutions, two people aware of the development said.

Advent in talks for VIP majority stake

Promoters put entire 51.74% stake on block; open offer to follow

Change in extreme loss margin likely to have outsized effect

A seemingly innocuous change to strengthen the index derivatives framework may have a largerthan-anticipated impact on option trading volumes when it is applied on Thursday for the first time at the expiry of the weekly Nifty options contracts, market experts said.

Meta: An Antitrust Case That Sent A Privacy Alert

WhatsApp's owner was fined for abusing its market heft, but what it did also sparked an online stir over privacy-the protection of which under India's new law is keenly awaited

RBI cautions about Das deepfake video

The Reserve Bank of India (RBI) on Tuesday cautioned public against \"deepfake\" videos of the governor being circulated on social media that claim the launch of or support to some investment schemes by the central bank.

Blue Tokai eyes high growth before IPO

Coffee chain Blue Tokai is aiming for a nearly threefold jump in annual revenue by 2027 before it decides whether to go public, its top boss told Reuters on Monday.

Amazon expands exporter scheme

E-commerce major Amazon on Tuesday said it has expanded its cross-border logistics programme Global Selling Seller Exports and Delivery (SEND), which will help Indian exporters ship goods abroad.

NTPC Green IPO subscribed 33%

The initial public offer (IPO) of NTPC Green Energy Ltd, the renewable energy arm of state-run NTPC Ltd, was subscribed 33% on the first day of the share sale on Tuesday.

Google's Anthropic deal cleared in UK

Google's partnership with AI firm Anthropic has avoided further scrutiny after the UK antitrust watchdog concluded it doesn't qualify for a full-blown investigation under merger rules.

'Big Billion Days' boost for Walmart

U.S.-based retail giant Walmart on Tuesday said its international sales in the third quarter got a boost from the 'Big Billion Days' sales event by its Indian e-commerce arm Flipkart.

NCR records threefold jump in patients with breathing issues

Doctors and hospitals in the Delhi-National Capital Region (NCR) said they are seeing a threefold jump in patients reporting respiratory ailments triggered by alarming air pollution levels.

Paytm enables UPI payments abroad

Paytm owner One97 Communications on Tuesday said Paytm users will be able to make UPI payments at select international locations, including popular spots in the UAE, Singapore, France, Mauritius, Bhutan and Nepal.

Core biz to grow at 30% a year: Zomato

Food delivery major Zomato expects its key meal delivery business to grow at an annual rate of 30% over the next five years, a top executive said, hailing the listing of SoftBank-backed peer Swiggy as a boost for the sector.