CATEGORIES

Dilip Kumar's Bandra bungalow turns into 'Legend'

AS THE COUNTRY celebrated the 102nd birth anniversary of Bollywood legend Dilip Kumar, news of the redevelopment of his family bungalow in Bandra's Pali Hill area, in Mumbai, has made headlines.

Will India's chess triumphs help attract marketing dollars?

RBL Bank lost no time and on Friday released advertisements congratulating its recently recruited brand ambassador D Gukesh for the World Chess Championship title win.

India's ₹50,000-cr submarine plan stalls after sea tests

INDIA'S $6 BILLION (₹50,000-CRORE) plan to build submarines has stalled because of contractor complaints over whether proper procedures were followed during tests at sea, delaying the navy's efforts to bolster its capabilities as China expands its presence in the Indian Ocean.

Swiggy does a Zomato with Scenes

Swiggy's quick-commerce service Bolt rivals Zomato-owned Blinkit's pilot initiative Bistro as well as Zepto's offering Cafe

Algo trading for retail soon

ADDITIONALLY, SEBI HAS suggested that exchanges must tag all algo orders with a unique identifier issued to ensure an audit trail.

Brent prices climb 1% to 3-week high

OIL PRICES EDGED up about 1% to a three-week high on Friday on expectations additional sanctions on Russia and Iran could tighten supplies, while lower interest rates in Europe and the US could boost demand for the fuel.

Cars that reigned supreme in 2024

There were almost 50 car launches this year, but a dozen-odd stood out. Of these dozen, a handful not just rocked the segment, but also the industry — even changing the fortune of parent carmakers.

Sebi needs to ensure people don't approach tribunal: ED

SEBI SHOULD WRITE regulations in such a way that people do not disagree and end up challenging decisions in the Securities Appellate Tribunal, a senior official said on Friday.

A Royal Enfield store without motorcycles!

ON FRIDAY, motorcycle company Royal Enfield launched an exclusive apparel brand store in Gurugram, Haryana. Only the second such store in India (the first one was launched in Pune some months ago), it stands out because it sells everything but motorcycles!

With rider, diabetics get cover from Day 1

● Immediate coverage helps those buying their first health plan

Not your fault if employer did not deposit TDS

● My previous employer had deducted the TDS before giving the salary every month, but did not deposit it to the government. Will the tax department recover the amount from me?

Netflix's flip-flop on parental leave: Just PR?

HERE's SOME FREE advice for HR departments: If you don't want your employees to make use of the benefits you offer, avoid launching a media blitz to promote just how great they are.

A new wave in solar technology

India topped the global charts in solar PV capacity via auctions, with a notable auction price of $34/MWh

No permanent crutch

Fewer EV buyers availing subsidies is the sign of a maturing market

SpaceX headquarters to be in Texas, reveals Musk

ELON MUSK RENEWED his long-standing feud with the Securities and Exchange Commission (SEC) on Thursday by posting a letter that said the agency is investigating his brain-computer interface firm, Neuralink.

SpaceX headquarters to be in Texas, reveals Musk

ELON MUSK SAID on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas.

Comcast, Warner Bros Discovery to lead 2025 deal-making

Orchestrating Corporate Maneuvers

UK economy shrinks for second month

BRITAIN'S ECONOMY SHRANK for a second month in a row in October in the run-up to the government's first budget, the first back-to-back falls in output since the onset of the COVID-19 pandemic, and a setback for new finance minister Rachel Reeves.

Eric Trump says he's 'wrong guy' to gain US favour

THE TRUMP TRANSITION team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla, according to a document seen by Reuters, a move that could cripple the government's ability to investigate and regulate the safety of vehicles with automated-driving systems.

Israelis find ways to watch 'The Bibi Files'

Veteran documentarian Alex Gibney, who in a decades-long career has tackled many a thorny issue, wasn't planning a film about Israel—until one day last year, when a stunning leak fell into his hands.

Deposits top credit growth

UNSECURED LOANS MODERATE AFTER RBI DIRECTION

Sebi lists exclusions from pro rata distribution for AIFs

SEBI ON FRIDAY clarified the non-applicability of its pro rata distribution mandate for alternative investment funds (AIFs).

Forex reserves decline to over five-month low

INDIA'S FOREIGN EXCHANGE reserves fell by $3.2 billion to a more than five-month low of $654.86 billion as of December 6, data from the Reserve Bank of India (RBI) showed on Friday.

FPIs turn sellers of G-Secs as rate differential narrows

FOREIGN PORTFOLIO INVESTORS (FPI) have turned net sellers in the Indian G-Sec market this week, after being net buyers in the first week of December.

Aviva India cleared brokerage model queried by tax officials

AN AVIVA BUSINESS model that tax officials say was used to pay agents unlawful commissions from 2017 to 2023 was rolled out internally in 2013 and approved in writing by top India executives, a confidential company document shows.

SpiceJet clears staff's pending PF dues

DOMESTIC CARRIER SpiceJet on Friday said it has cleared all the pending employee provident fund (PF) dues of its employees, amounting to ₹160.07 crore.

V-shaped recovery seen for indices

STRONG BUYING IN index heavyweights like telecom, IT, FMCG, and banking sectors fuelled Friday's rally.

Wardwizard launches e-two, three wheelers

VADODARA-BASED WARDWIZARD Innovations & Mobility on Friday announced the launch of four electric three-wheelers and an electric scooter to expand its offering in the two keenly-contested segments.

Tax blow to Swiss arms of India Inc

AT PRESENT, THE MFN clause in the DTAA enables Indian subsidiaries in Switzerland to pay a lower rate of withholding tax to Swiss authorities on certain types of incomes, namely dividends, interest, royalties, or fees for technical services.

Nuvama Wealth picks up Oyo shares worth ₹100 cr

NUVAMA WEALTH AND Investment has acquired shares worth ₹100 crore in Oravel Stays, the parent company of Oyo, through a secondary transaction at ₹53 per share that valued the travel-tech unicorn at $4.6 billion, according to sources.