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Business Standard

Ace acquires another plane as Jet deal gets delayed

Ace Aviation, which has been fighting Jet Airways for the acquisition of three Boeing B777 aircraft, said that it has acquired another aircraft for the conversion slot in early February 2025. Conversion slots are time slots given to change plane type.

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2 mins  |
October 05, 2024
Business Standard

Amazon sees gold rush in festival season

Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27.

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1 min  |
October 05, 2024
Gen Al: India Inc chugs cautiously
Business Standard

Gen Al: India Inc chugs cautiously

The last of the three-part series shows how Indian firms are upping their AI play, but Gen AI progression remains focussed on HR and customer experience applications

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3 mins  |
October 05, 2024
‘Direct selling biz in India is growing’
Business Standard

‘Direct selling biz in India is growing’

EDYTA KUREK, senior vice-president of Oriflame India and Indonesia, is the first woman to lead the Swedish beauty brand's operations in India. In a conversation with Veenu Sandhu, conducted both in-person and virtually in New Delhi, Kurek discusses Oriflame's commitment to the direct-selling model, its plans to expand its women-led sales force. Edited excerpts:

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2 mins  |
October 05, 2024
No CNG, hybrid launch for now: Nissan
Business Standard

No CNG, hybrid launch for now: Nissan

Japanese automaker studying consumer trends related to various powertrains

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1 min  |
October 05, 2024
Temasek in talks to buy up to 15% in Haldiram's
Business Standard

Temasek in talks to buy up to 15% in Haldiram's

Temasek Holdings is in talks to buy a minority stake in Haldiram Snacks, people familiar with the matter said, a transaction that may value India's biggest snack maker at about $11 billion.

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1 min  |
October 05, 2024
Affordable housing supply in India's top 6 cities slows to a trickle
Business Standard

Affordable housing supply in India's top 6 cities slows to a trickle

Real estate firms say costs for such projects unviable, see better gains in luxury properties

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2 mins  |
October 05, 2024
BMW India aims to double EVs' share by next yr
Business Standard

BMW India aims to double EVs' share by next yr

Plans to introduce 10-12 products

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2 mins  |
October 05, 2024
China's loss may be Indian companies' gain in EV race
Business Standard

China's loss may be Indian companies' gain in EV race

Li-ion cells may become cheaper after punitive tariffs imposed by the US

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2 mins  |
October 05, 2024
Business Standard

‘For Rado, India could remain number one market’

Swiss luxury watch brand Rado has had a stellar run in India as the country overtook China to become the brand's biggest market in the world last year.

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1 min  |
October 05, 2024
Business Standard

Markets suffer worst week in over 2 years

West Asia crisis weighs on sentiment; FPIs net sell ₹37,088 cr shares this week amid major shift to China

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2 mins  |
October 05, 2024
BSE 100 companies boost R&D, innovation challenges persist
Business Standard

BSE 100 companies boost R&D, innovation challenges persist

R&D spend grows 152% in 5 yrs to ₹63,072 crore in FY24

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4 mins  |
October 05, 2024
Business Standard

RBI may hold rates for 10th time

The reconstituted six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is expected to maintain the \"status quo\" for the 10th consecutive policy review, said all the 10 respondents polled by Business Standard ahead of the panel's meeting during October 7-9. The RBI will announce the review of the policy on October 9.

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2 mins  |
October 05, 2024
Committed to structural reforms in 3rd term: PM
Business Standard

Committed to structural reforms in 3rd term: PM

Modi confident India will continue to grow at more than 7%

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2 mins  |
October 05, 2024
‘Direct subscribers likely to dominate streaming market’
Business Standard

‘Direct subscribers likely to dominate streaming market’

UK-based Omdia expects bundling of streaming video with telcos to plateau by 2029

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2 mins  |
October 04, 2024
Visa woes slow Petrapole border's road to normalcy
Business Standard

Visa woes slow Petrapole border's road to normalcy

A steady stream of passengers is seen heading towards the Petrapole terminal, the largest land port in South Asia, along the India-Bangladesh border, about 80 km from Kolkata. Many bound for Bangladesh are carrying heavy blankets, oddly defying the time of the year. Meanwhile, a dhaki crossing into India signals that Durga Puja is just around the corner.

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2 mins  |
October 04, 2024
Has there been a slowdown in money supply after inflation targeting?
Business Standard

Has there been a slowdown in money supply after inflation targeting?

Global economy continues to hog the limelight with geopolitical uncertainty looming large with the recent escalation of hostilities. Fortunately, India's financial sector is resilient with asset quality in a robust shape. Financial stability however assumes paramount importance in the current context with gyrations in asset classes across the spectrum likely becoming the norm.

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4 mins  |
October 04, 2024
Dabur shares tank 6%, Marico hits new high
Business Standard

Dabur shares tank 6%, Marico hits new high

Analysts say Dabur may fare better in Q3, expect double-digit revenue growth for Marico

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3 mins  |
October 04, 2024
Business Standard

On buyback, Upstox delivers 10x returns to Ratan Tata

Upstox, an investment platform, has generated a 10-fold return to Tata group's Former Chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release.

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1 min  |
October 04, 2024
Business Standard

Equity mopup jumps 2.2x in H1FY25

At ₹1.55 trillion, the amount of capital raised through equity issuances during the first half of financial year 2024-25 (H1FY25) was 2.2 times that of the same period of last financial year.

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1 min  |
October 04, 2024
Business Standard

Silver lining for two-wheelers, investors should be cautious

The auto industry sees the festive season as critical and this year, it seems two-wheelers and tractors will lead the way.

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2 mins  |
October 04, 2024
Broking stocks end mixed after F&O curbs
Business Standard

Broking stocks end mixed after F&O curbs

Shares of BSE, Angel One surge while 5Paisa, IIFL Securities dip

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2 mins  |
October 04, 2024
Conflict worries may keep mkts jittery in near term
Business Standard

Conflict worries may keep mkts jittery in near term

Indian equity markets may remain volatile in the near term with the Iran-Israel conflict likely to become a \"localised\" affair like the Russia-Ukraine war, analysts said on Thursday, advising investors to use this opportunity to buy quality largecap and select mid, and smallcap stocks.

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2 mins  |
October 04, 2024
Markets during wartime: Swift recovery ensues sharp correction
Business Standard

Markets during wartime: Swift recovery ensues sharp correction

Historically, equity mkts have overreacted amid looming geopolitical risks before finding their feet

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1 min  |
October 04, 2024
Business Standard

₹500 CR INVESTMENT SCAM CASE: PhonePe, Easebuzz, 20 other firms face probe

Payment aggregator platforms PhonePe and Easebuzz are under investigation by the Delhi Police's cyber security cell, the Intelligence Fusion and Strategic Operations (IFSO) unit, for suspected negligence in opening merchant accounts linked to a ₹500 crore investment scam case.

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1 min  |
October 04, 2024
'Hardware priority for Google India'
Business Standard

'Hardware priority for Google India'

Hardware is a big priority for Google in India, said its India Managing Director Roma Datta Chobey, as the world's most popular search engine completed 20 years of its presence in the country.

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2 mins  |
October 04, 2024
Business Standard

Supreme Court is right

Onus on politicians to refrain from weaponising religion

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2 mins  |
October 04, 2024
Business Standard

Follow Centre's lead

States' turn now to call a war on open defecation

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2 mins  |
October 04, 2024
The great betrayal of Tibet
Business Standard

The great betrayal of Tibet

BOOK REVIEW

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3 mins  |
October 04, 2024
Revving up arms sales
Business Standard

Revving up arms sales

Four strategies to accelerate India's defence exports

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4 mins  |
October 04, 2024