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ReNew Energy to buy out US-listed shares
AN EMAIL SENT to the company did not elicit any response until the time of going to the press.
Xi readies bargaining chips for US trade war
PRESSURE ON YUAN HAS RISEN SINCE TRUMP'S VICTORY
Biden mulls new Russia oil sanctions to weaken Putin
SANCTIONING MOSCOW'S TANKERS
Rupee to outperform emerging market peers in periods of dollar strength
Emerging market (EM) currencies with larger trade surplus with the US could be more at risk once Donald Trump assumes office.
RBI has huge responsibility to ensure growth: Governor
● Central bank to ensure growth to continue, says Malhotra after assuming charge
Bajaj Fin may face asset quality, credit cost challenges
SHARES OF BAJAJ Finance (BFL) gained 2.61% to close at ₹7,115.75 on the BSE on Wednesday, a day after the management shared an upbeat guidance and spoke about its long-range strategy (2025-2029) and artificial intelligence (AI) pivot during a meeting with analysts.
TKM: Taxes on cars must be tech-agnostic
TAXATION OF AUTOMOBILES
InMobi's Glance TV ties up with Airtel
INMOBI'S GLANCE, WHICH provides lockscreen content on mobile phones, has partnered with Bharti Airtel to extend the offering to television, specifically connected TVs (CTVs), the companies said on Wednesday.
Bhartias to buy 40% in Coke's India bottler
MORE IMPORTANTLY, THE stake sale is likely to pave the way for an initial public offering of HCCB in about two years, sources added.
Toyota brings new Camry, looks to take on Audi, Merc
TOYOTA KIRLOSKAR MOTOR on Wednesday drove in the all-new Camry sedan priced ₹48 lakh, ex-showroom, making it a competitor to luxury cars like Mercedes-Benz C-Class (₹59.4 lakh), BMW 3 Series Gran Limousine (₹60.6 lakh), and Audi A4 (₹46.02 lakh).
Venture Catalysts looks to end FY25 by backing 40 startups
FOCUS ON CUTTING-EDGE SECTORS LIKE SPACE TECH, DEFENCE TECH, AI
GMR rolls out AI tool for airport ops
● After Hyderabad, facility to be launched in Delhi
Short-video apps bounce back with new monetisation strategies
DOMESTIC SHORT VIDEO platforms are seeing a revival after the post-pandemic slump, driven by innovative monetisation strategies and hyper-local content.
RPower arm bags 930 MW contract from SECI
RELIANCE NU SUNTECH, a subsidiary of Reliance Power, has bagged a 930 MW solar energy contract for battery energy storage system (BESS) project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on December 9.
Swiggy introduces invite-only premium membership
FOOD DELIVERY MAJOR Swiggy on Wednesday introduced an invite-only membership programme One BLCK, offering benefits like on-time delivery guarantee and complimentary cocktails, drinks or desserts for dining-out customers.
Adani opts out of US funding for Colombo Port project
ADANI GROUP HAS pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying that it will use its own resources for the project.
FMCG firms count on revival in urban demand by FY26
SLOWDOWN LIKELY TO PERSIST IN NEXT TWO QUARTERS
Zepto to roll out separate app for Cafe offerings
QUICK COMMERCE PLATFORM
286 primary agri credit societies apply to set up fuel pumps: Shah
AS MANY AS 286 primary agricultural credit societies from 25 states and Union Territories have applied so far to set up retail petrol and diesel outlets, Cooperation Minister Amit Shah informed Parliament on Wednesday.
Concern in govt: Pvt sector profit at 15-year high but salaries stagnant
● From services to manufacturing, wages show marginal growth
Flagship jobs scheme likely to come on stream by early Jan
The government is likely to notify its flagship employment-linked incentive schemes (ELIs), introduced in the Budget, by early January, in order to boost job creation as well as manufacturing activity, an official source said.
ADB lowers India growth estimate to 6.5% for FY25
MUTED OUTLOOK
Agriculture has tremendous opportunity to grow vertically: ITC chairman
THERE IS A 'serious concern' over food and nutrition security across the world, and it is among the factors that are making food inflation 'sticky', ITC chairman & managing director Sanjiv Puri said on Wednesday.
Pharma exporters fret over regulatory hurdles
CHALLENGING TIMES
Import management system for laptops extended till Dec '25
The government on Wednesday extended the import management system for laptops, tablets and other IT hardware by a year beyond December 31.
DPIIT to examine why demand for higher import tariffs exists
The government will have to look into why the industry has still not become competitive and demands for higher import tariffs keep coming up, while India's import duties are at world average, a senior official said on Wednesday.
CCI looking at killer, creeping acquisitions in digital market
The Competition Regulator is closely watching the mergers and acquisitions (M&As) in the digital market to identify \"killer\" and \"creeping\" acquisitions.
Industry should strategically realign, support MSMEs: FM
● Inflation a global challenge, says Sitharaman
Top Google India searches: IPL, World Cup, elections
A GOOGLE BLOG released on Tuesday revealed that sports and politics dominated search queries in 2024, with the IPL, World Cup, and election results featuring prominently in the trending topics.
Treesa-Gayatri duo aspires to impress at World Tour Finals
TREESA JOLLY GIGGLES and mock-clucks her disappointment recalling that she's not tried eating anything crazy, since relishing spiced crispy grasshoppers as a 16-year-old.