CATEGORIES

REGULATORY MOVE AB Capital to merge finance arm with itself

Aditya Birla Finance, a systemically important nonbanking financial company (NBFC), is set to merge with its parent Aditya Birla Capital (ABCL) in about a year's time to create a large unified NBFC.

₹ hits 6-month intraday high on foreign inflows

RBI took delivery of $5 bn dollar-rupee sell/buy swap on Monday: Traders

First-time buyers steer towards SUVs: Hyundai India COO

First-time car buyers are now choosing sport utility vehicles (SUVs), and the gradual decrease in hatchback sales in India is nothing to be concerned about, Tarun Garg, chief operating officer of Hyundai Motor India (HMIL), said on Monday.

In fifth gear: M&M posts 40% rise in Feb SUV sales

Sports utility vehicle (SUV) major Mahindra and Mahindra (M&M) posted a strong 40 per cent year-onyear (Y-o-Y) jump in domestic utility vehicle (UV) sales at 42,401 units in February.

Salesforce may set up unit to focus on public sector in India over next few mths

Salesforce is planning to set up a unit to focus on the public sector in India in the next few months, reflecting the surge in technology adoption by government organisations within the country.

SP Group may offload 14% stake in S&W

₹20,000 crore debt may be rolled over, while Afcons Infra IPO faces delay

Gangwal raises ₹6.8K cr from IndiGo stake sale

Divests 6% in InterGlobe Aviation via bulk deals at 3,016 a share

SpiceJet COO, CCO step down

SpiceJet's Chief Operating Officer (COO) Arun Kashyap and Chief Commercial Officer (CCO) Shilpa Bhatia have resigned from the airline and are currently serving their notice period, sources privy to the development said on Monday.

'Hindenburg allowed us to refocus on our core businesses

Karan Adani expresses interest in buying govt's 26% in MIAL if it becomes available

Byju's shuts all regional offices, asks 15,000 employees to work from home

In yet another controversial move, cash-strapped edtech company Byju's has given up all its regional sales offices across India, keeping only its headquarters at IBC, Knowledge Park, Bengaluru.

Optional T+0 settlement to kick in from March 28

The Securities and Exchange Board of India (Sebi) plans to implement a T+0 (same day) settlement cycle for the cash segment from March 28 on an optional basis, while instantaneous settlement will be effective from March 2025, Chairperson Madhabi Puri Buch said on Monday.

No MFN status in fin services for EFTA

India has not granted most-favored nation (MFN) status in financial services to the European Free Trade Agreement (EFTA) countries.

SC dismisses plea, asks SBI to file info in a day

Directs ECI to publish details shared by bank on website on March 15

En route to 370 seats, BJP looks for co-travellers

It is tying up with regional parties - big and small - to reach the target the PM has set for the 2024 polls. RADHIKA RAMASESHAN explains

Blues after the pink slip

BRS is preparing to come back strongly in Telangana. But Congress and BJP are not giving it any breathing space. ADITI PHADNIS reports from Hyderabad

Showing a lot of promise

While the Modi government in its second term has delivered on several promises it made in the BJP's 2019 manifesto a few such as doubling farmers' income and turning India into a $10 trillion economy by 2032 remain uphill tasks. An analysis by INDIVJAL DHASMANA

Make claims easier: Share policy info, filing instructions with family

In numerous instances, members are unaware of the policy's existence, let alone its details

New business to steer gains for Tata Consumer in growth aisle

Punchy valuations threaten to limit stock gains

Smallcap funds ride the risky tide with spread bets

BRAVING THE RAPIDS: Smallcap stocks dominate portfolios in year's rally

Vintage car owners riding on new rules

Centre's 2021 rules offer relief but there is mismatch in implementation

Govt banks on coal to power nation in summer

As extreme heat wave looms, peak demand expected to cross 265 Gw

IT'S TIME FOR FAB FOUR

With the Cabinet pressing on with the semicon mission by clearing three landmark projects, India is poised to join the elite club that dominates the global fab scenario

Pages from the diary of a woman PSU banker

Last Friday, the banker offered the pages from her 2023 diary, taking time out from Women's Day celebrations with her friends

Step to make ATMs better will miss deadline, again

Cassette-swap is a lockable mechanism that does away with open cash replenishment. The upgrade is stuck over installation cost

Fintech's long march

A tighter regulatory regime is around the corner. Raghu Mohan reports how the industry is preparing for it

Year after SVB crisis, struggle over what needs to change

A year ago, the government and America's largest banks joined forces in a rare moment of comity.

Aramco boosts dividends to $98 bn despite 25% profit fall

Saudi Arabia's state-owned oil giant Aramco boosted its dividend despite net profit falling 24.7 per cent to $121.3 billion in 2023 on lower oil prices and volumes, showing the state's continued reliance on oil revenue as it seeks to diversify.

Musk has giant charity but money stays nearby

Before March 2021, Elon Musk's charitable foundation had never announced any donations to Cameron County, an impoverished region at the southern tip of Texas that is home to his SpaceX launch site and local officials who help regulate it.

US begins criminal probe into 737 MAX mid-flight blowout

Planemaker can't find work records related to door panel

Dubai's gold shops take a hit as record prices deter buyers

The ever-higher prices reached by gold are turning Dubai's traditional bazaar into more of a window-shopping experience.