CATEGORIES

'Revised norms will benefit big auditors'

Proposed revisions in the audit standard for consolidated financial statements of business groups could lead to the concentration of the audit market around big audit firms at the expense of other auditors, said an official of the Institute of Chartered Accountants of India (ICAI), the profession's self-regulator and rule maker.

Muted Q2 sparks a rethink at Mamaearth

Honasa Consumer Ltd, the listed beauty and personal care firm behind Mamaearth, plans to make significant adjustments to its product lineup, marketing approach, and investment allocation across categories to revive growth for its flagship brand, which underperformed in the September quarter.

'Design cities for next 100 years, think big'

DLF's K.P. Singh calls for the overhaul of India's urban planning approach

Companies scan diversity, inclusion before M&A deals

The rising importance of D&I is closely tied to the growing focus on ESG assessments

Sebi curbs to help boost BSE's Sensex options, says CEO

BSE & NSE have been asked to offer one weekly options expiry as 9 in 10 individuals lose money in index options

Tata Chemicals Europe rejig helps, but soda ash is a worry

Tata Chemicals Europe Ltd (TCEL), a subsidiary of Tata Chemicals Ltd, has embarked on a restructuring exercise.

Clarity on AGR to help raise bank debt, says Voda Idea CEO

Clarity from the government on adjusted gross revenue (AGR) will move the needle on Vodafone Idea Ltd's efforts to raise debt from lenders, its top executive said, adding that promoters, along with the management, were in discussions with banks for raising ₹35,000 crore.

ONGC banks on two key factors

Oil and Natural Gas Corp. Ltd's (ONGC) standalone gross crude realization fell about 8% year-on-year in the September quarter (Q2FY25) to $78.3 a barrel.

Pavestone raises nearly $100 mn

Hyderabad-based venture capital firm Pavestone VC, which invests in early- and growth-stage firms, has closed its maiden fund with a corpus of ₹816 crore (about $97 million).

PW hires new CFO ahead of 2025 IPO

Physics Wallah (PW), the Lightspeed-backed edtech unicorn, has appointed Amit Sachdeva as chief financial officer as it gears up for a public-market debut in 2025.

Porter looks to raise $100 mn from PE firms

The deal is likely to value the decade-old startup at $1.1-1.2 billion

SarvaGram raises ₹565 cr to boost biz

SarvaGram Solutions, a Pune-based credit platform that focuses on rural areas, has secured ₹565 crore in a Series D investment round led by Peak XV Partners.

MHI holds talks on subsidy for e-trucks

The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.

'FSSAI plans real-time surveillance, tracking, sampling of food items'

A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.

Wholesale inflation at four-month high

A Reuters poll of economists expected wholesale inflation to be around 2.2% in October

Trade deficit widens to $27 bn in Oct

The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September

India ranks 3rd in improving its business environment

The country, as per EIU, is among places where it expects the most key policy improvements

Fashion begins to go green, but the transition is slow

Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.

Lawyers guide firms with US operations as Trump 2.0 looms

Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.

Highway building, environment go hand in hand, says Gadkari

Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".

After a slow start, auto PLI claims may zoom in future

The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.

Musk-a-Lago: Inside Musk's role on Trump's transition team

In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.

Key imports take Dubai route to skip China block

Move side-steps curbs that threatened to slow India's green energy, infra goals

Why Crypto Mania Is Reaching New Heights

Donald Trump's victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice.

Trump Picks Musk, Ramaswamy For Government Efficiency Effort

President-elect Donald Trump picked Tesla CEO Elon Musk and biotech company founder Vivek Ramaswamy, a former Republican presidential candidate, to lead an effort to cut spending, eliminate regulations and restructure federal agencies.

Donald Trump Is Recruiting A Team Of China Hawks. So Why Is Beijing Relieved?

With the expected appointments of Sen. Marco Rubio and Rep. Mike Waltz to cabinet positions, President-elect Donald Trump is putting together what some China hawks call a tough-on-China "dream team."

Small loans can spell big trouble for Indian banks

Watch out for signs of stress in India's micro-finance sector. Bad loans, even if small, extract a cost by way of reduced profits as well as higher interest charges on credit across the board

India should redesign its public safety signs to save lives

Mind studies suggest that the use of photographs depicting fear could trigger safe behaviour

Burberry is looking like a fine acquisition target this winter

This brand known for its chequered story can surely perform better

The Washington Consensus has collapsed and it won't be missed

The combination of free-market capitalism and electoral democracy that it promoted has failed to serve everyone equitably