CATEGORIES

China Mulls Selling TikTok US to Trump-Ally Musk to Avoid Looming Ban

CHINESE OFFICIALS ARE evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

Global inflation will remain high for years

ECONOMISTS EXPECT GLOBAL inflation to remain high at least until 2028, according to a new survey that may add to market concerns about sticky price pressures.

Gaza ceasefire 'closer than ever'

Negotiators were meeting in Qatar on Tuesday hoping to finalize details of a plan to end the war in Gaza, after US President Joe Biden indicated a ceasefire and hostage release deal was imminent.

Adani Group Stocks Soar, Adani Power Surges 20%

ADANI GROUP STOCKS were in heavy demand on Tuesday and ended the day in the positive territory, with Adani Power surging nearly 20%, bouncing back from the previous day's decline.

HCL Tech slumps 9% after FY25 guidance hints at a muted March qtr

SHARES OF INDIA'S third-largest IT firm HCLTech plunged 9.23% in intra-day trade on Tuesday following the release of its third-quarter numbers, marking the largest single-day fall in nearly a decade.

Sebi May Mandate Issuance of Securities Only in Demat Form After Stock Split

To encourage demat holding of securities, Sebi on Tuesday proposed mandating listed companies to issue securities only in the demat form following stock split, consolidation of face value of shares, and merger or demerger.

Debt funds flock to state bonds

In High Demand

Indices Snap Four-Day Losing Streak

FINANCIALS AND METAL STOCKS SHINE

AM Green-DP World to supply green fuel

RENEWABLE ENERGY COMPANY AM Green has partnered with global logistics giant DP World to establish a supply chain for green fuels and chemicals.

Wonderchef turns profitable in FY24

● Looking at IPO in 12-18 months

Urban Company Sues Kent RO Systems

URBAN COMPANY, THE technology marketplace for home services, has moved the Delhi High Court against Kent RO Systems.

QSRs stare at sluggish Q3

DULL DAYS AHEAD

Adani's 5G bet in limbo after penalties from DoT

Weak Signal

RIL seen posting flat growth in Q3

BROKERAGES EXPECT Reliance Industries (RIL) to report flattish year-on-year (y-o-y) growth in earnings and EBITDA for October-December, with just a single-digit sequential growth.

Jio Arpu may top ₹200 in Oct-Dec

Tariff Boost

Over 60% of buyers may choose EV as next vehicle

MORE THAN 6 out of 10 consumers in different parts of the world, including India, are likely or very likely to consider an electric vehicle for their next purchase, although 60% of them considered charging infrastructure as a major challenge, according to a global study by Tata Consultancy Services (TCS).

PV sales pace slowest in 4 yrs

HIGH COST IMPACT IN 2024

Car makers slam the brakes on discounts

CARS AND SPORTS UTILITY vehicles (SUVs) manufactured in January have seen a reduction of up to 60% in discounts compared to the December models as industry-wide inventory has shrunk to an 11-month low, allowing dealers to recalibrate their stock levels.

Infy may log muted growth, raise FY25 revenue guidance

INFOSYS IS LIKELY to report muted earnings in the December quarter due to seasonal challenges.

Parental consent bigger blow to smaller players vs Big Tech

● Concerns raised over rollout of data protection rules

Zuckerberg's LS poll remarks: India to summon Meta officials

THE PARLIAMENTARY STANDING committee on communications and information technology will summon Meta officials over Mark Zuckerberg's recent statement about India, panel chairman and BJP MP Nishikant Dubey has said.

Ministry May Seek Interest Subsidy Scheme Relaunch

RUN-UP TO THE BUDGET 2025-26 EXPORT PUSH

National Turmeric Board Opened to Boost Output

The government on Tuesday launched the National Turmeric Board to drive its efforts towards doubling the production and increasing exports of the spice in the next five years to 2 million tonne.

US sanctions: No threat to oil supply, but costs may rise

Nearly 15% of Indian imports of Russian crude expected to be hit

Adani arm top bidder for NHAI's TOT assets

OFFERS ₹1,692 CR FOR 124-KM HIGHWAY IN TAMIL NADU

Rajeshwar Rao gets monetary policy in RBI portfolio rejig

IN A MAJOR reshuffle of portfolios of deputy governors

Davos to welcome Trump virtually

Opening of WEF meet coincides with Trump's return to White House

IMD turns 150 today

PM Modi will launch 'Mission Mausam' on Tuesday to mark the 150th foundation day of IMD

Maha Kumbh: 16 mn take holy dip

THE FOG WAS thick, the cold intense and the waters freezing as the Maha Kumbh, the world's largest gathering, began on Monday with over 16.5 million people taking a dip in the Sangam in their quest for ‘moksha’ and the belief it will wash away their sins.

Pixxel to launch India's first private satellite network

Pixxel is set to launch three of its six hyperspectral imaging satellites aboard a SpaceX rocket from California on Tuesday, the first such network in India's nascent private space sector, Pixxel's chief told Reuters.