CATEGORIES

Tata Tech leads listing boom with 163% rise

IN A SPECTACULAR day for most initial public offerings (IPOs) that were listed on Thursday, Tata Technologies stood out in many ways.

JSW partners SAIC to rev up MG Motor India

35% in joint venture to explore EV foray too

Economy on a roll

Manufacturing and govt consumption key drivers, services lose steam

It's not 'my way or highway' for Dravid

INDIA HAD CRASHED out in group stages of the 2007 World Cup in the Caribbean. Back home, things had turned dire.

Walmart shifts to India for cheaper imports

WALMART IS IMPORTING more goods to the United States from India and reducing its reliance upon China as it looks to cut costs and diversify its supply chain, data seen by Reuters shows.

Jack Ma urges Alibaba to 'correct course'

JACK MA URGED Alibaba Group Holding to correct course in a surprise internal memo, in which the billionaire called for fundamental change across the company he cofounded decades ago.

Wall Street gains on rate cut bets, soft landing hopes

WALL STREET'S THREE main indices rose on Wednesday as US Treasury yields slipped to multi-month lows on growing rate cut optimism, while latest data on economic growth fuelled hopes of a soft landing.

Govt invites fresh bids from asset valuers for IDBI Bank

THE GOVERNMENT ON Wednesday issued a fresh request for proposal (RFP) for the appointment of asset valuers for strategic sale-bound IDBI Bank.

Western Digital ups HDD capacity for data centres

The next-gen drives store large amounts of data cost-effectively

US economy grows 5.2% in Q3, beats first estimate

SHRUGGING OFF HIGHER interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported Wednesday in an upgrade from its previous estimate.

Israel, Hamas seek deal to extend truce

So far militants have freed 60 Israeli women children

Charlie Munger was much more than Buffett's No. 2

CHARLES THOMAS MUNGER, who quit a well-established law career to be Warren E. Buffett's partner and maxim-spouting alter-ego as they transformed a struggling New England textile company into the spectacularly successful investment firm Berkshire Hathaway, died on Tuesday in Santa Barbara, California.

Bol sees CRAR moderating 40 bps on higher risk weight

QIP of ₹4,500 crore to ensure CRAR position remains healthy

Hopes soar on Tata Tech's blockbuster debut today

The encouraging response to Tata Tech IPO drives buying interest in TaMo stock

Deepfakes: Google tightens norms for YouTube creators

IN A BID to tighten norms to tackle deepfakes, Google on Wednesday said content creators on YouTube will have to disclose any altered or synthetic content that they post on the platform.

Infra sector workers must work 3 shifts: Narayana Murthy

WORKERS IN THE infrastructure sector should work three shifts a day so that the country can catch up with the pace of development in higher income countries, Infosys co-founder NR Narayana Murthy said on Wednesday.

India to have own sovereign AI infra: Chandrasekhar

ON LINES OF digital public infrastructure (DPI) such as Aadhaar and Unified Payments Interface (UPI), the government is looking to shape global trends and conversations in artificial intelligence by developing the country's own sovereign AI infrastructure, minister of state for electronics and IT Rajeev Chandrasekhar said on Wednesday.

Tata arm partners Satellogic to develop local space tech

TATA ADVANCED SYSTEMS subsidiary (TASL), a wholly-owned of Tata Sons, has entered into an agreement with Nasdaq-listed Satellogic to build low earth orbit (LEO) satellites and develop space technologies in India.

TCS, HCLTech, Infy sign deals in BFSI space

TATA CONSULTANCY SERVICES (TCS), Infosys and HCLTech have recently inked deals in the banking, financial services and insurance (BFSI) vertical, which has been under pressure in recent quarters.

Expect 'good' Q2 GDP growth: DEA secy

AHEAD OF THE release of the provisional estimate of gross domestic product (GDP) for the September quarter on Thursday, economic affairs secretary Ajay Seth said the growth rate is expected to be 'good' given the continued momentum in economic activity.

Rural consumption tepid, growth in Q2 slowest in eight quarters

RURAL CONSUMPTION ROSE just 0.5% on year in Q2FY24, the slowest pace in eight quarters, according to an analysis by Motilal Oswal Financial Services (MOFSL).

20 critical mineral blocks on auction

THE GOVERNMENT ON Wednesday put up 20 blocks of critical minerals worth ₹45,000 crore on auction for the public and private players. \"We have identified 100 blocks of critical minerals and we will continue to auction these going ahead,\" coal and mines minister Pralhad Joshi said at the launch of first tranche of auction of critical minerals.

Free grains to cost ₹11.8 trn in five years

Cabinet approval to extension; NFSA cost to rise marginally

Cabinet nod to terms for 16th Finance Commission

THE CABINET ON Wednesday approved the terms of reference of the 16th Finance Commission, for sharing of specified resources by the Centre with state and local governments, information and broadcasting minister Anurag Thakur said on Wednesday.

Prosus marks down Byju's valuation below $3 bn

TECHNOLOGY INVESTOR PROSUS has marked down the value of its stake in Byju's further to less than $3 billion.

Stellar market debut by IREDA

INDIAN RENEWABLE ENERGY Development Agency (IREDA) zoomed over 87% on its market debut, extending gains from a stellar listing earlier in the day.

BSE m-cap crosses $4 trn

Only US, Hong Kong, China, Japan ahead; Nifty reclaims 20K

Sony set to call off Zee merger

SONY PICTURES NETWORKS India is close to exiting its proposed merger deal with Zee Entertainment Enterprises (ZEEL), informed sources said, as the two players have failed to resolve the thorny issue of leadership of the merged entity, ahead of the December 21 deadline.

Will Shubman Gill become a Gujarat Titan in his new role as captain in IPL?

WITH CAPTAINCY EXPERIENCE in only a handful of matches under his belt, Shubman Gill will now lead Gujarat Titans in the Indian Premier League.

Free, 400 hours later

17 days and several setbacks later, rescue a success