CATEGORIES

Verdict is clear: Mega merger unlikely to threaten WPP's stupendous lead in India

Globally, Omnicom is the bigger of the two partners; but in India, IPG is at least three times larger than Omnicom, and WPP is double the size of IPG

SVOD audience falls 2% in India: Report

INDIA'S SUBSCRIPTION VIDEO-ON-DEMAND (SVOD) audience base has witnessed a slight decline, dropping by 2%, from 153 million in 2023 to 150.6 million in 2024, according to The Ormax SVOD Audience Report: 2024.

Omnicom takes aim at Big Tech, AI with $13-bn Interpublic deal

TRADITIONAL PLAYERS LOOK TO COMPETE BETTER WITH BIG TECH FIRMS

Luxury property market is a boon to Trump's biz

WHEN DONALD J. Trump started his first campaign for the presidency, two Trump-branded buildings were going up in India, one in the financial capital of Mumbai and the other nearby in Pune.

IT sector hiring may grow 20% in 2025

THE IT SECTOR, which is on the path of recovery, is expected to witness 15-20% growth in job opportunities across various industries in 2025, talent solutions company NLB Services said.

MFI disbursals drop 10% in Q2 as credit quality takes a hit

DISBURSEMENTS BY MICROFINANCE institutions dropped by more than 10% in the July-September period compared to the year-ago period as the industry started witnessing stress on asset quality, according to data shared by a self-regulatory organisation.

FY25 Budget shows ways to build an efficient workforce

SKILLS-BASED GROWTH COMPACT CAN BE KEY

India monitoring Syria situation, calls for stability

A DAY AFTER rebel forces overthrew President Bashar Assad's authoritarian government in Syria, India on Monday joined leading nations to call for stability and preserve the unity, sovereignty and territorial integrity of the Arab nation.

Sanjay Malhotra to succeed Shaktikanta Das as next RBI governor

While the growth in gross domestic product (GDP) plunged to a seven-quarter low of 5.4% in the second quarter of the current fiscal and demand looked weak, the RBI maintained its \"neutral\" stance.

CVC offers to buy software firm in $1.2-billion deal

SHARES IN GERMAN health-care software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange.

Policy shift spurs surge in stocks, bond

STOCKS JUMPED AND China's government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises.

South Korean prez barred from travelling abroad

SOUTH KOREAN PRESIDENT Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, amid growing calls for him to step down and a deepening leadership crisis.

China signals bolder stimulus as Trump returns to power

Shift from 'prudent' strategy to come after 14 years

Chipmaker Nvidia faces Chinese probe

CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.

Gallagher to buy Assured Partners in $13.45-bn deal

ARTHUR J GALLAGHER said on Monday it would acquire insurance broker Assured Partners in an all-cash deal worth $13.45 billion, as it looks to bolster its focus on property and casualty and employee benefits across the U.S.

Optimistic outlook for Godrej Consumer

FMCG company's long-term prospects are positive

CEAT: Focus on off-highway tyres

Camso deal to also strengthen company's portfolio in tracks

Globalisation and India

VOLATILE GEOPOLITICAL REALITIES DO NOT AUGUR THE END OF GLOBALISATION

A solution in search of a problem

While the idea of a BRICS currency is a powerful negotiating tool in challenging dollar dominance, there are more long-term solutions

RBI's proposals could drive up credit costs

Experts say LCR norms to hit banks' NDTL by 200-250 bps

Sebi alerts on risks of unlisted securities trading

THE SECURITIES AND Exchange Board of India (Sebi) has cautioned investors against platforms that facilitate transactions in unlisted securities of public limited companies.

FMCG shares weigh heavily on benchmark indices

FAST-MOVING CONSUMER goods (FMCG) stocks, coupled with other geopolitical concerns, weighed on the benchmark indices on Monday, leading to a decline for the second straight session.

AI places an order for 100 aircraft

Six Airbus A350-900s have been delivered to Air India and are operational on several domestic and international routes, including Delhi-London.

MapmyIndia parent to not invest in outgoing CEO firm

CE INFO SYSTEMS, the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback, with its shares closing 16% higher.

CCI seeks SC hearing in e-commerce antitrust case

THE INVESTIGATION IS a major regulatory challenge for Amazon and Flipkart in a market where e-commerce sales are set to exceed $160 billion by 2028, up from $57 billion to $60 billion in 2023.

BookMyShow FY24 profit rises 28% to ₹109 cr

Online ticketing platform BookMyShow's net profit grew 27.6% to ₹108.63 crore in the financial year 2023-24 (FY24) from ₹85.11 crore in the last fiscal year (FY23).

Zaggle aims to double revenue by next fiscal

Zaggle aims to double its current revenue by FY26, while maintaining profitability on the back of product diversification, strong customer acquisition and market expansion, the company's founder and executive chairman Raj Narayanam told FE.

AI places an order for 100 aircraft

Six Airbus A350-900s have been delivered to Air India and are operational on several domestic and international routes, including Delhi-London.

Livguard looks to incur ₹3,360-cr capex in 5 yrs

ENERGY STORAGE AND solutions company Livguard is planning to incur a capital expenditure of ₹3,360 crore ($400 million) to increase its battery capacity to 25 gigawatt hours (GWh) in the next five years.

AI's rise driving demand for computers: Lenovo

ARTIFICIAL INTELLIGENCE (AI), the transition from Windows 10 to Windows 11, and a lifecycle upgrade following the pandemic is boosting the demand for personal computers (PCs), Ashish Sikka, Lenovo India's director and category head, told FE.