CATEGORIES

BSNL follows govt norms for tenders: CMD

AMID THE CONTROVERSY over BSNL awarding a ₹1,000 crore tender for supply of optical transport network (OTN) equipment to Nokia, BSNL CMD PK Purwar on Monday told FE that the company has strictly followed the government guidelines in reference to the Make in India procurement policy for the tender process.

Grasim Industries Q2 profit up 15%

GRASIM INDUSTRIES, AN Aditya Birla group company, has posted a 15.3% rise in net profit at 1,164 crore for the quarter ended September, driven by the performance of its cement and financial services subsidiaries.

M&M: Auto biz to be primary growth driver

Good tractor volume growth and SUV order execution in 2HFY24

Apple's China woes stoke Xiaomi rally

APPLE'S SALES DIP in China is providing an opportunity for yet another local Android smartphone maker to win favour with customers and investors.

Patients trapped in 'circle of death' at Gaza hospital

ISRAELI FORCES REACHED the gates of Gaza City's main hospital on Monday, the primary target in their battle to seize control of the northern half of the Gaza Strip, where medics said patients including newborn babies were dying for lack of fuel.

Nikki Haley to launch $10-mn ad campaign

NIKKI HALEY'S PRESIDENTIAL campaign will reserve $10 million in television, radio and digital advertising across Iowa and New Hampshire beginning in the first week of December, a massive investment designed to give the former United Nations ambassador an advantage over Florida Governor Ron DeSantis at a critical moment in the GOP nomination fight.

Sunak brings back former PM Cameron, sacks Braverman

David Cameron’s appointment caused a shock in the Conservative Party

Excitement as well as concerns as stock options trading booms

A SUDDEN EXPLOSIVE growth in stock options trading this year has got retail traders excited and the regulators worried about the risks such speculative fervour could spawn.

Stocks may witness selling pressure after lock-in expiry

SHARES OF LIFE Insurance Corporation of India (LIC) marginally declined on Monday. However, the decline by around 0.30% wasn't big given the fact that the 20% or ₹1,265 million of the company's outstanding equity became eligible for trading as the lock-in period ended.

Banks target double-digit growth in corporate book

INCLUDING LARGE LENDERS, State Bank of India (SBI), Bank of Baroda (BoB), HDFC Bank and ICICI Bank, are confident of growing their corporate loan books in double digits during the second half of the current fiscal, as working capital demand and scope of further cross sales from clients remain strong, senior bankers said.

M&M may change hybrid stance

MAHINDRA & MAHINDRA (M&M) may change its stance on hybrid vehicles given how popular these have become with buyers who are looking for more fuel efficiency but are hesitant to opt for an electric vehicle (EV).

OATS to get a taste of TVS power

EVEN AS THE banter between Rajiv Bajaj and Bhavish Agarwal on OATS (Ola, Ather, Torque, Smart-E) and ICE continues, TVS Motor has become the country's second biggest electric two-wheeler maker. Agarwal's Ola Electric may still be ahead but the ICE set could soon catch up; TVS now controls more than a fifth of the electric two-wheeler market and is looking to grab a bigger share with more models and touch points.

5-year tax cuts on EV imports likely

Move to woo Tesla to sell, make cars in India

Food inflation flat on year, but prices rise sequentially

ANNUAL FOOD INFLATION in retail markets came in at 6.61% in October, the same level as in the previous month and compared with 7% in the year-ago month.

Rebidding for advanced battery storage PLI soon

Beneficiary firm needs to achieve domestic value addition of 25%

TV ad rates up 15% as India looks to rewrite semi-final script

TELEVISION AD RATES have already started scoring heavily even as the Men in Blue pad up to take on the Black Caps in the first semi-final of the Cricket World Cup at the Wankhede Stadium in Mumbai on Wednesday.

Capacity hike rider likely for RINL bids

THE CENTRE IS drawing up a plan for the privatisation of Rashtriya Ispat Nigam (RINL), also known as Vizag Steel, under which the prospective buyer(s) would have to commit to expand its 7 million tonne (MT) plant, an official source said. The capacity scope for the unit is pegged at 18 MT.

Tata Steel to cut 800 jobs at Dutch subsidiary

TATA STEEL WILL reduce 800 positions at its Ijmuiden site in the Netherlands as part of measures to ensure \"competitiveness and profitability\" amid tough times for the industry.

Interim CEO may save $10-bn Zee-Sony deal

December 20 deadline for scheme of arrangement

Goldman ups its bet on India

Hong Kong-listed China stocks downgraded

Retail inflation in Oct falls to 4.87%

Core inflation at 43-month low, but RBI’s food price shock concerns seem valid

The more the merrier

Can chocolates eat up the market for traditional mithais?

ALL clear to improved industry profitability

Profitability surge in H2 seen, fuelled by rising demand

Worried Chinese shoppers scrimp, dimming single's day

Hype to splurge died down since onset of Covid-19 pandemic

Wegovy study bolsters use in obese, heart patients

NOVO NORDISK A/S unveiled details from a closely watched study that support use of Wegovy, its blockbuster weight-loss drug, to cut heart attacks and strokes in obesity patients with a history of cardiovascular disease.

US treasury secretary Yellen will visit China again next year

US TREASURY SECRETARY Janet Yellen will visit China again next year at her counterpart's invitation, as officials in the world's two biggest economies seek to boost contact further and improve tense relations.

Ramaswamy's approach to politics is same as bisuness: Confidence, no matter what

A POLITICAL NOVICE and one of the world's wealthiest millennials, Vivek Ramaswamy has waged a whirlwind presidential campaign mirroring his meteoric rise as a biotech entrepreneur.

Funding fall impact less in seed stages, says Jungle Ventures

WHILE THE OVERALL startup funding scenario has taken a hit this year, investments in seed-stage startups are seeing less impact as compared to late-stage companies, said Rishab Malik, partner-seed investments at Jungle Ventures, in an interaction with FE.

Boult eyes ₹800 cr topline in FY24

CONSUMER ELECTRONICS STARTUP Boult is expecting to end FY24 with a top line growth of 60% to ₹800 crore, banking on the growth in its smartwatch segment and higher sales of its premium products, co-founder Tarun Gupta told FE.

Air India to fully reinstate its 'long grounded' fleet

AIR INDIA PLANS to reinstate 100% of its 'long-grounded' fleet since the takeover by the Tata Group around two years ago, sources told FE.