CATEGORIES

Centre unlikely to extend Mahila Samman scheme
Business Standard

Centre unlikely to extend Mahila Samman scheme

Inflows into small savings schemes may level off

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2 mins  |
August 03, 2024
Record 72.8 million ITRs filed till Jul 31 deadline
Business Standard

Record 72.8 million ITRs filed till Jul 31 deadline

Over 72% chose new tax regime for assessment year 2024-25

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2 mins  |
August 03, 2024
Lotte India, Havmor announce merger
Business Standard

Lotte India, Havmor announce merger

South Korean confectionery company Lotte Wellfood on Friday announced the merger of its Indian subsidiaries Lotte India and Havmor Ice Cream to establish an integrated entity.

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1 min  |
August 03, 2024
Price wars take fizz out of Dabur juice portfolio
Business Standard

Price wars take fizz out of Dabur juice portfolio

Extremely high temperatures across northern India and reduced cola prices led to muted sales of Dabur's juice portfolio in the first quarter (Q1FY25), results for which were declared on Thursday by the Indian fastmoving consumer goods (FMCG) major.

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1 min  |
August 03, 2024
Airlines line up flights as Saudi woos Indian tourists
Business Standard

Airlines line up flights as Saudi woos Indian tourists

Even as the Saudi Tourism Authority has targeted getting 1.8 million people from India for tourism and leisure this calendar year, the country has become the fourth-largest contributor globally to inbound airline-capacity growth in the West Asian kingdom.

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2 mins  |
August 03, 2024
Apple logs record revenue in India
Business Standard

Apple logs record revenue in India

Apple touched its record revenue target in India along with a dozen other countries for the quarter ending June 2024, company's Chief Executive Officer (CEO) Tim Cook (pictured) said during the earnings call on Friday.

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1 min  |
August 03, 2024
NCLAT approves Byju's settlement with cricket board
Business Standard

NCLAT approves Byju's settlement with cricket board

Byju Raveendran, the eponymous founder of education technology startup Byju's is back in control of the beleaguered edtech company.

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2 mins  |
August 03, 2024
JLR unlikely to leverage EV policy for now
Business Standard

JLR unlikely to leverage EV policy for now

Luxury vehicle maker Jaguar Land Rover (JLR) is already assembling several models in India and sees no reason for additional obligations, the Tata Motors' British subsidiary has said, suggesting that it was unlikely to leverage the Centre's new Electric Manufacturing Policy for now.

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1 min  |
August 03, 2024
Funds not deposited by IIHL for Reliance Capital buy: CoC
Business Standard

Funds not deposited by IIHL for Reliance Capital buy: CoC

Entire funding plan submitted to NCLT, says Hinduja group

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2 mins  |
August 03, 2024
Infibeam to buy 54% in Rediff.com
Business Standard

Infibeam to buy 54% in Rediff.com

Payments solution provider Infibeam Avenues on Friday announced that it will acquire 54 per cent stake in news website Rediff.com India, as the company plans to expand its consumer facing business.

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1 min  |
August 03, 2024
Business Standard

Global selloff ends Indian mkts' 8-week winning run

A global equity selloff, primarily fuelled by disappointing US economic data that reignited recession fears, brought an end to a five-day, and eight-week winning streak for the Indian markets on Friday.

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2 mins  |
August 03, 2024
New I-T regime: Small savings may take a hit
Business Standard

New I-T regime: Small savings may take a hit

Especially, PPF may see a sharp decline in inflows

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2 mins  |
August 03, 2024
Rights issue-preferential combo, 'demystified' IPO filing on table
Business Standard

Rights issue-preferential combo, 'demystified' IPO filing on table

SEBI LOOKS TO BOOST CAPITAL RAISING

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2 mins  |
August 03, 2024
Product mix to keep Maruti in driver's seat
Business Standard

Product mix to keep Maruti in driver's seat

CNG/utility vehicle portfolio to propel near-term demand

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2 mins  |
August 02, 2024
BFSI, auto, IT sectors key to next 5K-point rally
Business Standard

BFSI, auto, IT sectors key to next 5K-point rally

The Nifty 50 index on Thursday hit the 25,000 mark for the first time.

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2 mins  |
August 02, 2024
Business Standard

FirstCry's ₹4.2K cr public offer on Aug 6

Brainbees Solutions, which operates omnichannel businesses of kidswear under the brand name FirstCry, will launch its ₹4,193 crore initial public offering (IPO) on August 6.

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1 min  |
August 02, 2024
Why mkts said 'meh' in past rate cuts
Business Standard

Why mkts said 'meh' in past rate cuts

Starting valuations remain vital to performance

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2 mins  |
August 02, 2024
Fintech & banking apps: Modern-day data miners in your pocket
Business Standard

Fintech & banking apps: Modern-day data miners in your pocket

More than 70 per cent of the financial technology (fintech) and banking applications (apps) analysed in a Reserve Bank of India report have access to crucial user information such as media and storage on communication devices and can track their location.

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1 min  |
August 02, 2024
India to take 75 years to reach quarter of US GDP: World Bank
Business Standard

India to take 75 years to reach quarter of US GDP: World Bank

India will take 75 years to reach a quarter of the United States' GDP at the current rate, according to a new World Bank report that provides a comprehensive roadmap to enable developing countries to escape the \"middle-income trap\".

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2 mins  |
August 02, 2024
'Not much scope for unlocking value if too many taxes are added'
Business Standard

'Not much scope for unlocking value if too many taxes are added'

Tata Steel and the United Kingdom's (UK's) newly elected Labour government are in discussion on grants to fund the transition to greener steel and are exploring a viable business case beyond what was agreed upon with the Conservative government. In a video interview with Ishita Ayan Dutt, TV NARENDRAN, managing director and chief executive officer, Tata Steel, discusses issues from the UK strategy to the potential impact of the recent Supreme Court ruling on mineral tax.

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3 mins  |
August 02, 2024
Motown's slow ride: H1 sales in Gujarat hit speed bump
Business Standard

Motown's slow ride: H1 sales in Gujarat hit speed bump

Gujarat has reported stagnant retail car sales in H12024, which was in stark contrast to the 8 per cent yearon-year (Y-o-Y) growth the state witnessed in H12023.

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2 mins  |
August 02, 2024
Business Standard

Discounts by OEMs, EMPS deadline rev up EV sales in July

Sales touch 178,948 units, increase nearly 28% from June

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2 mins  |
August 02, 2024
Govt capex, rural demand may spur M&M's ride: CEO
Business Standard

Govt capex, rural demand may spur M&M's ride: CEO

With the Indian government increasing its spending on infrastructure to record highs and rural demand picking up due to the good monsoon so far, sales of Mahindra & Mahindra (M&M) are expected to pick up pace in the coming months, Anish Shah, M&M Group's chief executive officer and managing director, said.

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2 mins  |
August 02, 2024
Russia releases US journalist in major prisoner swap deal
Business Standard

Russia releases US journalist in major prisoner swap deal

The United States and Russia completed their biggest prisoner swap in post-Soviet history on Thursday, with Moscow releasing Wall Street Journal (WSJ) reporter Evan Gershkovich and Michigan corporate security executive Paul Whelan in a multinational deal that set some two dozen people free, according to officials in Turkey, where the exchange took place.

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1 min  |
August 02, 2024
Business Standard

BoE cuts rates to 5% for first time in 4 years

Move offers relief from 16-year high borrowing costs of 5.25%

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1 min  |
August 02, 2024
Hamas leader killing spurs tension; US pushes for talks
Business Standard

Hamas leader killing spurs tension; US pushes for talks

Iran pledges to respond decisively to Haniyeh's assassination in Tehran

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2 mins  |
August 02, 2024
Business Standard

'Is she black or Indian?': Trump questions Harris' racial identity

Alleges left Democratic Party bosses have installed V-P as a 'puppet candidate'

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2 mins  |
August 02, 2024
Business Standard

States can sub-classify SC quota, rules top court

Andhra Pradesh, Karnataka, Telangana, and Tamil Nadu CMs welcome order

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2 mins  |
August 02, 2024
Bill moots disaster management body for state capitals, big cities
Business Standard

Bill moots disaster management body for state capitals, big cities

The government on Thursday moved a Bill in the Lok Sabha that seeks to set up an Urban Disaster Management Authority (UDMA) for state capitals and large cities.

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1 min  |
August 02, 2024
Business Standard

BoM raises just ₹811 crore in infra bond sale

Lender was looking to mop up ₹3,000 crore, but bids totalled only ₹1,390 crore

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1 min  |
August 02, 2024