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Business Standard

Sebi clears road to Ola Electric's ₹7,250 cr IPO

Ola Electric, the electric vehicle startup by Bhavish Aggarwal, has secured approval from the Securities and Exchange Board of India (Sebi) for its ₹7,250 crore initial public offering (IPO), said people aware of the development.

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2 mins  |
June 12, 2024
At dawn of Naidu govt, Amaravati comes to life, again
Business Standard

At dawn of Naidu govt, Amaravati comes to life, again

As the tranquil River Krishna flows, its banks are abuzz with last-minute beautification works all set for the new government's swearing-in ceremony at Kesarapalli IT Park, near Gannavaram Airport.

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3 mins  |
June 12, 2024
Politics, exit polls, market and retail investors
Business Standard

Politics, exit polls, market and retail investors

Are retail investors reading the market better than institutional investors? Are they getting smarter?

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6 mins  |
June 10, 2024
CHAOS CASHOUT: RETAIL INVESTORS SPIN TO WIN... ...AS THEY RIDE THE ELECTION CAROUSEL TO RICHES
Business Standard

CHAOS CASHOUT: RETAIL INVESTORS SPIN TO WIN... ...AS THEY RIDE THE ELECTION CAROUSEL TO RICHES

Market crash? No problem. Retail investors snap up shares worth nearly ₹21,200 cr

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1 min  |
June 10, 2024
Business Standard

MCA president Amol Kale dies of cardiac arrest at 47

Mumbai Cricket Association president Amol Kale has died of a cardiac arrest in New York after attending the T20 World Cup match between India and Pakistan.

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1 min  |
June 11, 2024
Astronauts' health focus of study on multidrug-resistant pathogens
Business Standard

Astronauts' health focus of study on multidrug-resistant pathogens

Researchers from IIT Madras and R NASA's Jet Propulsion Laboratory (JPL) are studying the behaviour, adaptation, and evolution of multi-drug resistant pathogens about 400 km above the earth's surface at the International Space Station (ISS).

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2 mins  |
June 11, 2024
COST OF KEEPING COOL
Business Standard

COST OF KEEPING COOL

With ACs, fridges, and space cooling becoming necessities, experts point out that ambient heat increases as more cooling equipment is installed

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4 mins  |
June 11, 2024
Business Standard

Pricing challenge may weigh on pharma stocks

The tailwind of low price erosion in the US generics market may be reversing slowly, caution analysts.

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2 mins  |
June 11, 2024
Business Standard

Kotak MF launches special opportunities fund

Kotak Mutual Fund (MF) on Monday announced the launch of Kotak Special Opportunities Fund.

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1 min  |
June 11, 2024
Business Standard

Proposed norms may lead to big F&O churn

Analysts expect over two dozen exits, 75 entrants

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1 min  |
June 11, 2024
Business Standard

Sensex, Nifty breach record levels but settle lower amid profit booking

Benchmark equity indices Sensex and Nifty ended lower on Monday after hitting their all-time high levels in early trade amid selling in blue-chip IT stocks and HDFC Bank.

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1 min  |
June 11, 2024
Business Standard

Blackstone mops up ₹6,736 crore from 15.1% stake sale in Mphasis

Blackstone on Monday sold 15.1 per cent stake in mid-tier IT firm Mphasis via block deals.

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1 min  |
June 11, 2024
Business Standard

ABSL MF quant fund to tap best ideas of top MFs

Aditya Birla Sun Life (ABSL) Mutual Fund (MF) has launched its quant fund, which will look to invest in top ideas of larger fund houses after filtering on the basis of quality and momentum factors.

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1 min  |
June 11, 2024
Business Standard

Equity MFs saw record ₹34,000 cr inflows in May

Surge in investments spurred by rise in SIPS, HDFC MF NFO

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2 mins  |
June 11, 2024
Business Standard

Nabard may raise ₹30K cr via bonds in FY25: CRISIL

National Bank for Agriculture and Rural Development (Nabard) is planning to raise up to ₹30,000 crore through bonds in the current financial year (FY25) to support lending operations, according to rating agency CRISIL.

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1 min  |
June 11, 2024
Business Standard

India may sustain 6.5-7% GDP growth between FY26 & FY30: UBS

India is expected to sustain a potential growth rate of 6.5 per cent -7 per cent year-on-year (Y-o-Y) between 2025-26 and 2029-30, UBS Securities said on Monday.

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1 min  |
June 11, 2024
Address Manipur problem on priority, says RSS chief
Business Standard

Address Manipur problem on priority, says RSS chief

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Monday expressed concern over peace eluding Manipur even after one year and said the situation in the strife-torn north eastern state must be considered with priority.

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1 min  |
June 11, 2024
Life insurers' new business premium grew 15.5% in May
Business Standard

Life insurers' new business premium grew 15.5% in May

The life insurance industry's new business premium (NBP) increased by 15.5 per cent year-on-year (Y-o-Y) in May 2024, aided by growth across segments, according to Life Insurance Council's data.

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1 min  |
June 11, 2024
Business Standard

Balanced development

Spatial inequality must be addressed

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2 mins  |
June 11, 2024
Business Standard

Left out

Blinkered ideology has made it irrelevant

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2 mins  |
June 11, 2024
Business Standard

Jobless youth and education

Some unemployment is natural.

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3 mins  |
June 11, 2024
Business Standard

Civilisation against the flow

Water is the elixir that supports all life on earth.

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4 mins  |
June 11, 2024
India among Asia's new flying geese
Business Standard

India among Asia's new flying geese

It is placed well, both economically and geopolitically, to benefit from the China plus one strategy

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4 mins  |
June 11, 2024
Macron gambles with snap polls
Business Standard

Macron gambles with snap polls

After a crushing defeat in the European Parliament election, President Emmanuel Macron plunged France into political uncertainty with a snap legislative ballot that re-stages his perennial battle with far-right rival, Marine Le Pen.

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1 min  |
June 11, 2024
Far Right rattles traditional powers in EU
Business Standard

Far Right rattles traditional powers in EU

While Centre-Left holds, projections indicate crushing defeat for Green parties and European liberals

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2 mins  |
June 11, 2024
'Kingmaker' Meloni wins big in Italy
Business Standard

'Kingmaker' Meloni wins big in Italy

Prime Minister Giorgia Meloni's far-right party won elections in Italy with a strong 28 per cent of the votes, boosting her leadership at home and consolidating her kingmaker role in Europe.

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1 min  |
June 11, 2024
Israeli war Cabinet minister Benny Gantz quits emergency govt
Business Standard

Israeli war Cabinet minister Benny Gantz quits emergency govt

Benny Gantz (pictured) resigned from Israel's emergency government and called for elections, criticising Prime Minister Benjamin Netanyahu over his handling of the war against Hamas.

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1 min  |
June 11, 2024
Business Standard

Don't say 'elite: Corporate firms' new pitch is meritocracy

McKinsey, Accenture, and other big firms want to recruit with a wider net, focusing more on skills than on pedigree

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2 mins  |
June 11, 2024
Business Standard

Nokia CEO makes 1st 'immersive' call

Nokia CEO Pekka Lundmark made a phone call using a new technology called \"immersive audio and video\" that improves the quality of a call with three-dimensional (3D) sound, making interactions more lifelike, the company said on Monday.

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1 min  |
June 11, 2024
Business Standard

Japan should let married women keep names”

Japan's big business lobby urged the government to allow married couples to have separate surnames, saying current laws that effectively force married women to go by their husbands' names for some purposes present a business risk.

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1 min  |
June 11, 2024