CATEGORIES

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

SBI Life Q3 profit jumps 71% to ₹551 cr

SBI LIFE INSURANCE, the country's largest private life insurer, on Friday posted a 71% year-on-year growth in third-quarter net profit at ?551 crore led by healthy growth in fresh and renewal premiums.

BJP Delhi manifesto: ₹2,500 for women, pension for elderly

BJP PRESIDENT JP NADDA on Friday released the first part of the party's manifesto for the Delhi assembly polls, announcing ₹2,500 monthly aid for women, LPG cylinders at ₹500 and ₹2,500 pension for senior citizens.

Bullet Train Ambitions

Plans for indigenous high-speed trains are laudable, but innovative financing models will be needed

Medical device makers hail ban on refurbished imports

MEDICAL DEVICE MANUFACTURERS have welcomed the drug regulatory authority's decision not to allow refurbished medical devices to enter the country, in a move to curtail the influx of such unregulated products.

Sisodia flags shoes, saris by BJP's Verma, says EC turning blind eye

SENIOR AAP LEADER and former Delhi deputy chief minister Manish Sisodia has alleged that the Election Commission is turning a blind eye to poll code violations ahead of the Assembly elections in Delhi early next month.

EV industry needs better cost structure

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

Wipro beats estimates, raises revenue guidance

THE COUNTRY'S FOURTH-LARGEST IT company, Wipro, on Friday reported a sequential increase in both revenue and profit for the quarter ended December, driven by improved demand in the US market and the banking, financial services and insurance (BFSI) vertical. The results surpassed Bloomberg's consensus estimates.

7 Indian space firms set for US lift-off

KaleidEO, EtherealX among startups shortlisted for joint project

BP to Cut 5% of Workforce

BP IS ELIMINATING 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive Officer Murray Auchincloss told staff on Thursday, as the London-based energy giant seeks to reduce costs.

Govt to provide support to startups, domestic investors join growth push

COMMERCE AND INDUSTRY Minister Piyush Goyal on Thursday assured \"excellent\" support to startups and said domestic investors are now also recognising capabilities and the value proposition of investing in these enterprises.

Infosys adds 5,591 staff in Q3, to hire over 20,000 in FY26

BENGALURU-BASED INFOSYS added 5,591 to its headcount in the quarter ended December, taking the total headcount to 3,23,379.

Delivery dilemma

Why criticism against q-comm practices is growing

UK economy grows by just 0.1% in Nov

BRITAIN'S ECONOMIC OUTPUT returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected.

EVs to take centre stage at auto expo

THE SECOND EDITION of the Bharat Mobility Global Expo 2025 is set to kick off on Friday, with a primary focus on electric vehicles (EVs) as the future of sustainable mobility.

Ficci Lowers FY25 Growth Forecast to 6.4%

INDUSTRY BODY FICCI on Thursday lowered India's growth projection for the current financial year to 6.4% from 7% estimated earlier.

Rural India extends lead in internet usage: Study

The gap between the number of internet users in rural and urban India has grown, with rural areas adopting the internet at a faster pace, according to a report by IAMAI and market research firm Kantar.

Reliance Retail profit surges 10% in Q3 on festive rush

Gross revenue tops ₹90K cr; FMCG biz touches ₹8K cr in 1st nine months of FY25

Infosys Raises Guidance for FY25

Net profit rose 4.6% quarter-on-quarter to \" ₹6,806 crore, slightly above analysts' expectations of \" ₹6,773 crore.

Spirits makers eye India as next big market

Diageo and Pernod Ricard, two of the world's biggest spirits companies, sell more than 123 mn cases of spirits in India annually

CAPITAL GAINS: THE NEXT BIG THING?

THE PRESENT & NEW PATHS FOR THE FUTURE

RIL profit up 7.4%

After sustained weakness over the last few quarters, the O2C segment saw revenue rise 6% y-o-y to ₹1.49 lakh crore, supported by strong domestic demand and increased production volumes.

Morgan Stanley profit more than doubles

MORGAN STANLEY'S PROFIT more than doubled in the fourth quarter, fueled by a wave of deal-making and stock sales that drove its revenue to a full-year record.

BofA profit jumps on trading boost

BANK OF AMERICA'S profit beat expectations on Thursday as its traders benefited from a flurry of activity in the fourth quarter while the lender predicted it would earn more interest income in 2025.

Bezos blasts into commercial space race

BLUE ORIGIN'S GIANT New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth's orbit for Jeff Bezos' space company as it aims to rival SpaceX in the satellite launch business.

Amazon to acquire BNPL startup Axio

E-COMMERCE GIANT AMAZON is set to acquire Indian startup Axio, an online lending platform offering point-of-sale financing.

Kirloskar Oil Engines vs Sebi: KBL plea to intervene allowed

KIRLOSKAR BROTHERS (KBL) was granted permission on Thursday to intervene in the Kirloskar Oil Engines (KOEL) versus markets regulator Securities Exchange Board of India (Sebi) case before the Securities Appellate Tribunal (SAT).

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

Mumbai Int'l Airport witnesses 6.3% growth in passenger traffic in 2024

MUMBAI INTERNATIONAL AIRPORT logged a 6.3 per cent year-on-year growth in passenger traffic at 5.48 crore in 2024, the private airport operator Mumbai International Airport Ltd (MIAL) said on Thursday.

China's export curbs to impact solar & EV firms in India: GTRI

INDIAN FIRMS IN the electronics, solar, and electric vehicle (EV) sectors are experiencing delays and disruptions due to China's restrictions on export of key inputs and machinery, according to trade policy think tank GTRI.