CATEGORIES

Rising issuance of CPs, CDs may keep money market rates elevated

Increased issuances of commercial papers (CPs) and certificates of deposit (CDs) are likely to keep money market rates moderately elevated, following a decline of 40-60 basis points (bps) over the three months ending August, India Ratings said in a report.

Net household financial wealth touched all-time high in Q1FY25

Motilal Oswal report shows assets have grown at a faster pace since the pandemic

Reservoir levels above normal as India stays rainfall-surplus

As the southwest monsoon prepares to leave the mainland, the good showers over the last few months have ensured that water levels in most of the 155 reservoirs across the country that are monitored by the Central Water Commission (CWC) are better than normal levels.

GST Council sets up GoM on compensation cess

The Goods and Services Tax (GST) Council has set up a 10-member Group of Ministers (GoM), chaired by Minister of State for Finance Pankaj Chaudhary, to decide on the taxation of luxury, sin and demerit goods once the compensation cess ends in March 2026.

Call on SGBs to be taken after assessing mkts

Indications were that decision on this would be taken in September

Kolkata trams: From city lifeline to heritage relic

151 years on, the ding-ding is fading; will nostalgia and activism keep the wheels turning?

10-12 firms to get first set of incentives for textiles PLI

Decision comes after panel flagged funding 'shortfall' in 3 out of 14 sectors

Supertech gets 2 weeks to circulate proposal

The National Company Law Appellate Tribunal (NCLAT) has granted two weeks more time to debt-ridden realty firm Supertech Township Projects suspended director Ram Kishore Arora to circulate the settlement proposal to both its lenders and home buyers.

Alkem refutes claims of drugs failing CDSCO test

Mumbai-based Alkem Laboratories on Friday refuted claims that batches of its products Pan-D and Clavam 625 had failed quality tests by the Central Drug Standards Control Organisation (CDSCO), according to the firm's regulatory filing on the Bombay Stock Exchange (BSE).

Slow foreign tourist growth hits hospitality industry

The sluggish recovery in foreign tourist arrivals in India has impacted inbound tour operators, tourist transporters and hotels.

Trai seeks views on satcom pricing, spectrum allocation

The Telecom Regulatory Authority of India (Trai) on Friday released a consultation paper on satellite communications seeking industry views on the spectrum allocation process and the pricing of satellite spectrum.

A-I to check veracity of crew's fatigue reports

Pilots concerned over the move

Hampers to experiences in India Inc’s gift basket

With the festival season around the corner, India Inc has turned on its gifting mode. Imaginative hampers are being packed and readied for dispatch to their most valued clients.

India is at the heart of what we do'

French food major Danone, which sells early-life nutrition products and supplements like Protinex in India, on Friday announced investing €20 million (around ₹187 crore) to expand its manufacturing facility in Lalru, Punjab. Chief Executive Officer ANTOINE DE SAINT-AFFRIQUE speaks to Akshara Srivastava in Chandigarh about the opportunities in India amid an ongoing protein health revolution. Edited excerpts:

With more foreign investment, India can build movie industry quicker

After struggling for years to be accepted by filmmakers and theatres, IMAX has now become one of the hottest technology brands. Vanita Kohli-Khandekar spoke to its New York-based CEO RICHARD GELFOND in a video interview on IMAX's place in the global cinema ecosystem and its India plans. Edited excerpts:

Willing to negotiate with workers directly: Samsung

Samsung India is willing to sign a long-term wage settlement and negotiate directly with its workers for an amicable resolution of the dispute, the company's lawyer said on Friday, terming the ongoing employees' strike at the Sriperumbudur plant \"illegal\".

₹8,000 cr merger to build animal health care major

Carlyle-backed SeQuent, Viyash join hands to aid global ambitions

How's the josh at e-com war rooms as Amazon, Flipkart sales go live?

Hampers to experiences in India Inc's gift basket

Top 1% filers account for 54% of short-term capital gains

No. of individuals reporting STCG has risen 10-fold to 4.58 mn in 11 yrs

Private equity deals pick up after 2 yrs of decline

Up 9% at $24 bn in first nine months of 2024; financial services, consumer sectors lead

Authum, Kela buy out Peak XV's stake in Prataap Snacks

Acquire 46.85% for ₹846 cr; deal triggers open offer

Refurbished premium phones a favourite this festival season

iPhones, Samsung drive demand in recommerce space

US tariffs risk Chinese goods flooding India

Tariffs up to 100% on key items from China take effect today

Promoter dilution in small, midcaps surges

The controlling shareholders of smaller and mid-sized companies are reducing their stakes at levels seldom seen since the 2008 global financial crisis.

Pickup in public expenditure may keep growth steady: FinMin

After witnessing contraction in the first quarter of the current financial year (Q1FY25), the government is expecting public expenditure to pick up in the remaining quarters, even though there is a need for monitoring automobiles and fast moving consumer goods (FMCG) sales due to slowdown seen in Q1, the finance ministry (FinMin)'s Monthly Economic Review for August said. After witnessing contraction in the first quarter of the current financial year (Q1FY25), the government is expecting public expenditure to pick up in the remaining quarters, even though there is a need for monitoring automobiles and fast moving consumer goods (FMCG) sales due to slowdown seen in Q1, the finance ministry (FinMin)'s Monthly Economic Review for August said.

BFSI sector valuation discount at new high

Valuation re-rating has been much sharper for non-BFSI companies

Top 5 pvt equity players invested $9 bn in H1CY24

The funding environment in India for startups is improving this year if one were to go by Bain & Company estimates.

No plans to list diagnostic arm: IHH Healthcare CEO

Malaysia's IHH Healthcare, which operates hospital networks under Fortis and Gleneagles brands, has no plans to list its diagnostics arm Agilus Diagnostics, a Fortis subsidiary, senior company officials said.

Greenfield hotel investments return to pre-pandemic levels in H1

Surge fuelled by expansion in Tier-II, -III, -IV cities

‘Focus on increasing visibility in top-tier locations’

Costa Coffee, which has a store count of 200 across the country, continues to expand at a steady pace in the Indian market. In an exclusive interview, VINAY NAIR, vice-president, Costa Coffee, India and emerging markets, spoke in a video interview with Sharleen D'Souza on the healthy growth that the coffee market is witnessing in India. Edited excerpts: