CATEGORIES

Board observers in the spotlight

TWO RECENT REGULATORY developments have brought the role of board observers into the spotlight.

UK inflation hits 8-month high in Nov

British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England (BoE) as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.

China's billionaires are making money for the first time since 2020

CHINA'S BILLIONAIRES ARE slowly starting to recover their wealth after three years of losses from a property crisis and Xi Jinping's push for common prosperity at the expense of powerful private business owners.

Musk, SpaceX face federal reviews over security issues

ELON MUSK AND SPACEX face at least three federal reviews over whether they have complied with federal reporting rules aimed at protecting national security, the NYT reported on Tuesday.

Indices extend losing streak for third consecutive session

BENCHMARK INDICES FELL up to 0.62%, continuing their losing streak for the third straight session, as investors remained cautious ahead of the US Federal Reserve meeting outcome.

Shriram Group arm raises $1.28-bn loan

SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.

Offshore instruments rule adds to compliance burden for FPIs: Experts

Negligible trades with derivatives as underlying assets in last three years

Mobikwik debuts at 58% premium; ends opening day with 90% gains

Vishal Mega Mart sees over 40% gains in opening trade

Green technology in focus at Sustainability Conclave

Kwality Paints showcased its pioneering role in developing eco-friendly water-based paints for industrial applications in India, and the Sustainability Conclave 2024 highlighted the importance of green technology in addressing global environmental challenges.

Chinese auto parts imports see flat growth in H1FY25

IMPORTS OF CHINESE auto components, which used to be quite high till a few years ago, are now seeing their growth rate plateauing.

Green technology in focus at Sustainability Conclave

Kwality Paints showcased its pioneering role in developing eco-friendly water-based paints, significantly reducing VOC emissions and promoting sustainable practices within the automotive and industrial sectors. The Sustainability Conclave 2024 highlighted collaborations with Cummins and Tata Motors, emphasizing the importance of green technology in addressing global environmental challenges.

Good Capital targets AI-driven funding in 2025

GOOD CAPITAL, AN early-stage venture capital (VC) firm, plans to make 6-7 investments in 2025, focusing on startups that integrate artificial intelligence (AI) into existing business models, especially in tier 2 and 3 cities.

Welspun arm looks to raise ₹4,000 cr

WELSPUN ONE, THE logistics and industrial property arm of Welspun group, plans to raise ₹4,000 crore to fund its expansion.

New chapter: LEAD Group eyes premium schools

WESTBRIDGE CAPITAL-BACKED edtech unicorn LEAD Group has unveiled Pinnacle, a digital curriculum solution targeting high-fee schools, marking its shift from affordable institutions.

Country Delight starts 10-15 minute delivery

DIRECT-TO-CONSUMER dairy and daily essentials brand Country Delight has become the latest entrant to the 10-15 minute delivery space.

Subsea cables: Big Tech may get govt support

Focus now on establishing repair & maintenance infra

Infosys inaugurates ₹426-cr development centre in Bengal

INFOSYS, THE COUNTRY'S second-largest IT services firm, on Wednesday inaugurated a state-of-the-art development centre in New Town, Kolkata, marking a major milestone in West Bengal's IT growth story.

Red flags as SECI says Azure capacity given to Adani in 'public interest'

IN WHAT HAS raised red flags in the new Andhra Pradesh government led by TDP's N Chandrababu Naidu is a submission by the central government-undertaking Solar Energy Corporation of India (SECI) to the apex electricity regulator that the transfer of 2,300 megawatt solar capacity from Azure Power to Adani Green Energy was made in larger \"public interest\".

Explore ties with foreign cos to bridge tech gap: House panel to BSNL

A PARLIAMENTARY PANEL on Wednesday recommended that state-owned BSNL should explore ties with foreign tech firms to address issues in the deployment of indigenous technology.

Rental housing norms for factory workers this week

● Developers may get 40% viability gap funding

'Unusual' surge in November gold imports under govt lens

'SHINING' NUMBERS MAY BE REVISED

Higher EPFO pension: Firms can file wage info till Jan 31

The Employees' Provident Fund Organisation (EPFO) has extended the time for uploading requisite wage details of members by employers till January 31, 2025, to avail pension on higher wages, the labour ministry said in a statement.

Net direct tax collections grow 16% to ₹15.82 lakh cr

NET DIRECT TAX collection grew 16.45% year-on-year to over ₹15.82 lakh crore till December 17 this financial year, buoyed by higher advance tax mop-up, government data showed.

Number of independent directors on corporate boards on the rise

BOARDS OF CORPORATE

Trump tariff threats to open market access talks

Experts call for a targeted reduction of levy by India, with policies to boost manufacturing

NHPC in talks with Bhutan for hydel JV

STATE-RUN NHPC IS in discussion with the Bhutan government to form a joint-venture company to undertake hydropower projects in the Himalayan country, a senior executive of the Indian hydropower major told FE.

Will GST Council play Santa? All eyes on Saturday's meet

Finance ministers of states will also make pre-Budget proposals

Investments will drive FY26 growth to 6.6%: Ind-Ra

INDIA RATINGS AND Research (Ind-Ra) has projected India's economy to grow 6.6% in FY26, which is 20 basis points (bps) higher than its forecast for FY25, driven by a pick-up in investments.

Porsche billionaires are in a tight spot, again

PORSCHE AUTOMOBIL HOLDING SE sure knows how to do drama. Last week, the listed holding of the Porsche and Piech families warned it may have to book up to €22 billion ($23 billion) of impairments amid a decline in the market value of its 31.9% stake in Volkswagen AG and 12.5% economic interest in the Porsche AG automaker.

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.