CATEGORIES

Walmart sourcing from India hits $30 bn in 20 years

American retail major Walmart has cumulatively sourced products worth $30 billion from India over the last two decades even as it's working towards an annual sourcing target of $10 billion by 2027, Andrea Albright, executive vice-president - sourcing, Walmart, said here on Tuesday.

SEEKING A CHANGE OF GUARD Key investors may drag Byju's to NCLT

A consortium of shareholders with over 30 per cent stake in cash-strapped Byju's might approach the National Company Law Tribunal (NCLT) seeking a management change, if the extraordinary general meeting (EGM) scheduled for Friday failed to yield an 'amicable settlement' or faced further delays, sources said.

Allotted houses to stay out of liquidation: IBBI

12 key changes to overall regulations introduced to ensure transparency

Eye on affordability? latest to slash prices of e-cars Tata Motors

Passes on benefits of battery price reduction to customers

Merchants must onboard alternative provider to receive UPI payments

Fundamentals-oriented investors should stay away from its stock for now

Near-term prospects of Delhivery get profit push

Company focused on market share gain and network utilisation, says one brokerage

Next few months likely to see increased volatility'

The larger ecosystem still needs to evolve to have the right round-the-clock infrastructure for risks, operations, and compliance for the extended trading hours to be successful and operational effectively, said SHIV SEHGAL, president and head of Nuvama Capital Markets, in a telephonic interview with Puneet Wadhwa, on the sidelines of 19th edition of Nuvama India Investor Conference. Edited excerpts:

MSCI rejig may drive $1bn in India stocks

Domestic markets could get inflows of around $1 billion on account of the latest MSCI rebalancing exercise, according to Nuvama Alternative & Quantitative Research.

Lack of full Bench takes a toll on SAT's functioning

The absence of a full Bench at the Securities Appellate Tribunal (SAT) has crippled its functioning, leading to delays and disruptions.

Flickering near term outlook for Tata Power stock

Tata Power saw a big sell-off, with the stock falling almost 8 per cent after declaring disappointing results for the October-December quarter (Q3) of 2023-24 (FY24) on Friday evening.

Red-hot smallcaps, PSUs run into rough weather

Profit-taking on valuation concerns triggers collapse

J&K startups gain steam with foreign funding

Entrepreneurs also tapping into local startup policy and Shark Tank India

MINIMUM RELEVANCE PRICE

As farmers are poised to march on New Delhi once again, the MSP has not been seen much in action for critical crops the last few seasons

The listing dilemma

When deciding between listing in India and the US, founders should prioritise long-term considerations over listing price

Public money and public policy

Discussions in Parliament and elsewhere often revolve around allocation of limited public money.

Muslim secular ideas of India

This book makes a serious contribution to the great Indian debate on secularism, at least in two ways.

Fiscal federalism

Concerns over distribution must not be allowed to fester

The AI opportunity

Threat to job creation should be addressed

How China built BYD, its Tesla killer

The leading Chinese EV company has posted two years of million-car growth in sales

IMF's Georgieva sees rate cuts coming

Says 'very confident' that global economy will see soft landing REUTERS 12 February The International Monetary Fund is now \"very confident\" the global economy will see a soft landing, its managing director Kristalina Georgieva said on Monday, adding that interest rates would start coming down around mid year.

AT LEAST 67 PALESTINIANS KILLED IN RAIDS Israeli forces rescue two hostages

Israeli forces rescued two hostages early on Monday, storming a heavily guarded apartment in the southern Gaza Strip and extracting the captives under fire in a dramatic raid that was a small but symbolically significant success for Israel.

Sharif, Bhutto near deal to thwart Imran Khan

Sharif's PML-N secures support of six more independent candidates in Pak

Unilever CEO says Peltz backs strategic shift

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is \"fully behind\" a recently devised strategy to re-invigorate the company, even as some other investors remain sceptical after years of industry under performance.

DGCA issues circular to prevent runway incursions

The Directorate General of Civil Aviation (DGCA) on Tuesday issued specific measures for aviation sector to players mitigate the risk of runway incursions at Indian airports.

Blackstone, ChrysCapital join race to buy Healthium

A merican private-equity majors Blackstone and ChrysCapital and a slew of other private-equity funds have joined the race to acquire Healthium Medtech, a maker of medical products.

Exim Bank to raise up to $1bn in FY24

Export lender India Exim Bank is looking to raise up to $1 billion in this financial year (FY24) for commercial lending and country credit lines.

Coal India Q3 net rises 17% to ₹9,069 cr

Coal India Ltd (CIL) on Monday reported a 16.9 per cent rise in consolidated net profit to ₹9,069.19 crore for the December quarter on the back of higher sales.

RBI conducts 2 VRR auctions as liquidity deficit widens

The Reserve Bank of India (RBI) on Monday conducted two fourday variable rate repo (VRR) auctions to infuse liquidity into the banking system.

Nitish-led NDA wins trust vote in Bihar

The National Democratic Alliance (NDA) government in Bihar, led by Chief Minister Nitish Kumar, on Monday won the trust vote in the state assembly, with 129 legislators voting in favour of the motion, amid a walkout by all non-NDA members.

Sonia Gandhi may move to Rajya Sabha

The Congress is likely to send former party chief Sonia Gandhi to the Rajya Sabha, leading to speculation whether another member from the NehruGandhi BATTLEGROUND 2024 family might step in her shoes to contest the Rae Bareli Lok Sabha seat that she has represented since 2004.