CATEGORIES

Infosys May Delay Annual Salary Hike Over Global Uncertainties

IT major Infosys has reportedly deferred the annual salary hike in the fourth quarter of FY 2024-25.

Happy Forgings to invest ₹650 cr on new mfg unit

Happy Forgings Ltd on Monday said it will invest Rs 650 crore to establish advanced forging capabilities to serve the non-automotive industrial segment.

IIFCL Can Grow Its Book Size by ₹1L Cr in Next 3 Years: DFS Secy

Financial Services Secretary M Nagaraju on Monday said state-owned infra financier IIFCL has the potential to grow its book size by Rs 1 lakh crore in the next three years, given its performance in the past four years.

ITC Shares Adjust After Hotels Biz Demerger

ITC shares settled at Rs 455.60 on the NSE at the end of a special session on Monday for the price discovery of its hotels business.

Adani Teams Up With Thailand's Indorama For Petchem Foray

Billionaire Gautam Adani's group has teamed up with Thailand's Indorama Resources Ltd for a foray into the petrochemical business as the ports-to-energy conglomerate looks to expand in adjacencies.

NCLAT to Hear Meta's Plea Against CCI's Penalty on Jan 16

Meta Platforms Inc on Monday moved corporate appellate tribunal NCLAT against the order passed by fair trade regulator CCI, which imposed a penalty of Rs 213.14 crore for abuse of its dominant position.

Nuvoco Vistas Corp wins bid for Vadraj Cement

Cement maker Nuvoco Vistas Corp Ltd on Monday said it has emerged as the successful applicant for Vadraj Cement Ltd, which is currently undergoing corporate insolvency resolution process.

Steel Ministry Proposes Merger Between State-Run KIOCL, NMDC

The Indian steel ministry is proposing a merger between state-run KIOCL and NMDC, a government official said on Monday, Reuters reported.

Sensex Projected To Rise 18% By End Of 2025: MS

Morgan Stanley expects India to be one of the best performing emerging markets in 2025, with a base case projection for Sensex to rise by 18 per cent by the end of December.

Prices of tomato, potato in bitter taste; home-cooked meals get costlier in Dec

Prices of home-cooked meals increased in December on dearer key kitchen staples like tomato and potato, a report said on Monday.

Major Telecom Operators Expected to Post 5-6.5% Increase in ARPU in Q3

The major telecom operators in the country are expected to report a 5 to 6.5 percent quarter-on-quarter (QoQ) increase in average revenue per user (ARPU) in their upcoming Q3FY25 results, according to a report by Centrum.

IEX Achieves Highest-Ever Monthly Traded Volume in December 2024

The Indian Energy Exchange (IEX), India's leading electricity trading platform, has achieved its highest-ever monthly electricity traded volume of 11,132 million units (MU) in December 2024.

Govt Likely To Miss Capex Target For FY25

The government may fall short of its capital expenditure (capex) target for the financial year 2025, according to a report by Motilal Oswal.

Trade unions ask FinMin to raise taxes on 'super-rich' in Budget

Trade unions on Monday asked the finance ministry to increase taxes on the 'super-rich' taxpayers in the Union Budget for 2025-26 (Apr-Mar), and also introduce wealth and inheritance taxes in order to guarantee social security to all the informal workers in the country.

ICICI Sec pays ₹40.2L to settle case with Sebi

Brokerage firm ICICI Securities on Monday settled a case with the market regulator Securities and Exchange Board of India (Sebi) for alleged misuse of terminals and lapses in monitoring its authorised persons.

Sebi Eases Settlement Rules for Dormant Accounts to Streamline Processes

Capital markets regulator Sebi on Monday said it has eased norms for the settlement of client funds in trading accounts that have remained inactive for 30 days.

RBI Consolidates Instructions on Credit Information of Customers

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.

Services sector growth hits 4-month high in Dec

The HSBC India Services Business Activity Index rose from 58.4 in November to 59.3 in December

Mkts slump on HMPV scare, earnings growth concerns

Sensex tumbles 1,258 points, Nifty down 1.62%

RD Burman Memorial Event Held for AIDS Fundraising

An event was organised by Susanskruti Foundation at Gurudakshina Auditorium on Jan 4 to commemorate the memory of RD Burman.

Nashik Tops Ashramshala Competition

The three-day state-level Ashramshala sports competition organised by the Tribal Development Department concluded with great enthusiasm.

Eco-friendly Monday by admin

Collector Jalaj Sharma has declared 'No Vehicle Day' on the first Monday of every month as part of the administration's environment-friendly measures.

Bhujbal expresses displeasure over ministerial snub

Senior NCP leader Chhagan Bhujbal has expressed unhappiness over not being allotted a ministerial berth in the Mahayuti government.

2.65 lakh visitors throng Army exhibition in Pune

'Know Your Army Mela 2025'

Pune's hill littering menace persists

Littering in the hills and forests continues despite the Pune Municipal Corporation's (PMC) crackdown on violators.

Patil fumes as trees burn

Maharashtra Higher and Technical Education Minister Chandrakant Patil got furious on Monday after getting to know that some miscreants had set fire to trees on Mhatoba Hill in Kothrud.

Marathon Celebrates Patangrao's Legacy

On behalf of Sonhira Mitra Mandal, CBD, Navi Mumbai, a state-level marathon competition was organised on Sunday, Jan 5, to commemorate the birth anniversary of Patangrao Kadam, founder of Bharati Vidyapeeth.

Fill PMC's AMC posts: Cong to CM

In a press release, Congress spokesperson Gopal Tiwari urged Maharashtra Chief Minister Devendra Fadnavis to fill up vacant posts of two additional municipal commissioners in the Pune Municipal Corporation (PMC).

33 'Infiltrators' Fall in PC Cop Net in 2024

The Pimpri-Chinchwad Police took to its official X (formerly Twitter) handle on Monday and stated that it has arrested 33 \"illegal Bangladeshi and Rohingya infiltrators\" in 10 cases in 2024.

NTPC to use bamboo with coal at Solapur

In the first such initiative in India to produce clean energy, NTPC has decided to mix bamboo with coal for generating power at its thermal plant in Maharashtra's Solapur, the executive chairman of the CM's Task Force said on Monday.