CATEGORIES

PFRDA seeks parity with EPFO on tax exemption

PENSION FUND REGULATOR PFRDA has sought \"parity\" with Employees' Provident Fund Office (EPFO) on the taxation front for contributions by employers, a top official said on Thursday.

Services PMI rises to 3-month high on strong demand

REVERSING THE DECLINING trend in expansion, India's services Purchasing Managers' Index (PMI), compiled by S&P Global, rose to a three-month high of 59.0 in December owing to strong demand conditions.

Red Sea crisis: Foreign trade hit, freight costs skyrocket

Govt takes stock of the situation with stakeholders

FY24 highway monetisation to hit ₹40,000 cr

Around 16,000 crore to be raised via InvIT

Bharatmala project to be subsumed in Vision 2047

50,000-km access controlled highways to be built under long-term plan

Winter of content: New demat accounts scale new highs in Dec

WITH THE BENCHMARK indices scaling fresh peaks, demat account openings touched a record high of 4.18 million in December.

Brookfield to buy ATC India biz for $2.5 bn

IN A MEGA merger and acquisition (M&A) deal in the telecom tower space, Brookfield Asset Management on Friday said it will acquire 100% stake in American Tower Corporation's (ATC) India business for $2.5 billion (21,000 crore).

Short-selling allowed for all investors with new disclosure norms

Sebi asks institutional investors to disclose such trades upfront

NSO's New Year surprise: 7.3% GDP growth for FY24

Advance estimates peg nominal growth at just 8.9%; yet no big fiscal concerns

Shortest Test that India passed

IT WAS A lovely little moment that came at the end of the shortest Test in 90 years in terms of overs bowled.

Grasim board's nod to ₹4K-cr rights issue: offer price at ₹1,812

Entitlement ratio of six shares for every 179 shares

Putin's new plan: Citizenship to foreign nationals

PRESIDENTVLADIMIR PUTIN issued a decree on Thursday nationals allowing foreign for Russia in Ukraine to obtain Russian citizenship for themselves and their families.

Microsoft adds AI button to keyboards to summon chatbots

MICROSOFT SAID IT is adding a button to its Windows keyboard that would pull up the tech giant's Copilot service, in the first change for the device in nearly three decades.

Bajaj Finance Q3 AUM crosses ₹3 trn

ASSETS UNDER MANAGEMENT of Bajaj Finance rose 35% year on year to ₹3.1 trillion as on December 31, provisional data shared by the company showed. This is for the first time that the company's AUM has crossed the ₹3-trillion mark.

Festival season push drives personal loan growth to 30%

HIGH FESTIVE DEMAND in October and November drove disbursal of personal loans from banks.

Some ARCS may tap markets in next two years

ANUMBER OF asset reconstruction companies (ARC) are likely to come up with initial public offerings (IPOs) in the next two years, said Hari Hara Mishra, chief executive officer at the Association of ARCs in India.

KRBL turns focus to local as export growth slows down

Red Sea crisis impact a on exports minimal, says India business head

Dabur sees revenue growth in Q3 at mid to high single digit

CONSUMER GOODS MAJOR Dabur India said on Thursday that it expects consolidated revenue growth for the December quarter (Q3) in mid-to-high single digit amid a sequential improvement in demand trends.

Disney, RIL start antitrust diligence on media merger

MUKESH AMBANI'S RELIANCE Industries and Walt Disney have appointed law firms and started antitrust due diligence of their planned Indian media and entertainment merger, sources familiar with the matter said.

RBI slaps monetary penalties on five co-operative banks

THE RESERVE BANK of India on Thursday imposed monetary penalties on five cooperative banks - Shree Bharat Co-operative Bank, The Sankheda Nagarik Sahakari Bank, The Cooperative Urban Bank, The Bhuj Commercial Co-operative Bank and The Limdi Urban Co-operative Bank-for violating norms.

To stop pulses imports by 2028, says Shah

Procurement at market prices to help boost output

Mumbai sees six-year high absorption in office spaces

MUMBAI SAW A six-year high absorption in office spaces at 8.5 million square feet in 2023, registering a year-on-year growth of 18%, according to a CBRE report.

Schemes unveiled in FY24 Budget making headway

Small projects in health, agriculture and urban infra rolled out already

Govt weighs easing visas for Chinese professionals

THE GOVERNMENT IS examining ways to meet the demand from the broader industry for easing of visa norms for Chinese professionals and technicians, given the need to get their machinery installed and manufacturing processes running.

Crude oil imports from Russia may bounce back

Russian Urals at 3 per barrel discount to Brent

Over half of IPO-bound startups still in the red

MORE THAN HALF of the startups looking to launch initial public offerings (IPOs) this year are still struggling to post profits.

Invesco raises Swiggy valuation to $8.3 billion

US-BASED ASSET MANAGEMENT company Invesco has marked up Swiggy's fair value for the second time in a row, taking its latest valuation to $8.3 billion.

Disinvestment target may be slashed 40%

A few offers for sale likely by March

Joblessness at 3-month low

Labour participation up during December

With 6/15, Siraj stumps SA

\"REMEMBER HOW WE batted against Australia and England,\" Rohit Sharma would remind in the immediate aftermath of the bruising at Centurion