CATEGORIES

'Had fun but it's time': Ashwin bows out of internationals with shock retirement call

RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".

US announces H-1B visa overhaul, Indian techies to benefit

TO TAKE EFFECT IN MID-JANUARY

Free healthcare for senior citizens: Kejriwal

AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power.

Navy boat hits ferry off Mumbai coast, 13 dead

A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday.

Sebi tightens SME IPO rules

SEBI cleared the review of merchant bankers, custodians, and provisions for high-value debt-listed entities (HVDLE), increasing the HVDLE identification threshold from ₹500 cr to ₹1,000 cr (aligning with large corporates), and introduced a sunset clause governing debt-listed securities corporate governance. Ease of doing business norms for asset management companies, SM REITs, and AI use by market infrastructure institutions (MIIs) were also ratified. The application size (₹1 lakh) and minimum investor number remained unchanged.

Trump threatens to impose reciprocal tariffs on India

HE MADE THE remarks while responding to a question on a potential trade agreement with China.

Opposition seeks Shah's resignation

● PM defends HM; slams Cong & its 'rotten ecosystem'

2W sales skid sharp 19% in Dec

Two-wheeler sales in India plummeted 19% in December, a sharp decline following strong October and November sales driven by the festival and wedding seasons.

Enhancing customer journey in the cloud

ORACLE has created Customer Success Services (CSS) to provide comprehensive support for customers using its cloud tools.

Moving beyond conventional tech

AI offers a wide range of benefits for SMEs

Board observers in the spotlight

AT PRESENT, RBI DOES NOT SEE ANY MIDDLE GROUND FOR NBFC INVESTORS ACTING AS OBSERVERS

Drones deliver new hope to farmers

● Aerial tech enhances farming efficiency, can tackle workforce woes

Walmart has a tough battle ahead in India

E-COMMERCE IN INDIA is a political and regulatory minefield. US consumer giant Walmart Inc.—which has been waiting to launch the much-anticipated initial public offering of the online marketplace it acquired for $16 billion six years ago—has had its patience tested. It's unlikely to get Flipkart out the door next year: A 2026 IPO may be a more reasonable expectation, with a little diplomatic help from the incoming government in Washington.

Placing Indian agriculture on the global map

Farmer producer organisations should be supported per their requirements, which currently are know-how about international standards and scaling

Acting with restraint

Overall, regulators have done a competent job, but they need to work on lack of transparency and overreach

Americans view Musk, Trump as roughly the same, finds poll

ELON MUSK, clad in tuxedo and black tie, took the stage at President-elect Donald Trump's Mar-a-Lago resort shortly after the election with all the swagger of the winning candidate himself.

Biden admin to investigate Chinese semiconductors

PRESIDENT JOE BIDEN'S administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that US officials believe pose national security risks.

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.

Guardian's Observer, oldest Sunday paper, sold to Tortoise Media

The owner of Britain's Guardian newspaper confirmed on Wednesday that it has sold The Observer, the world's oldest Sunday newspaper, to Tortoise Media for an undisclosed fee.

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.

Honda, Nissan explore merger amid Tesla, China challenges

JAPANESE AUTO GIANTS Honda Motor and Nissan Motor are set to begin merger talks as early as Monday next week, the Nikkei reported on Wednesday.

Bancassurance tie-up likely for RCap arm and IndusInd Bank

RELIANCE NIPPON LIFE Insurance, a subsidiary of debt-ridden Reliance Capital (RCap), has initiated talks with IndusInd Bank for bancassurance partnership as the IIHL and RCAP deal has reached the final lap.

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.

Rupee moves closer to 85/$

ON A SLIPPERY TRACK

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.

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

● Vishal Mega Mart sees over 40% gains in opening trade

Offshore instruments rule adds to compliance burden for FPIs: Experts

● Negligible trades with derivatives as underlying assets in last three years

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 water-based paint technology at the Sustainability Conclave 2024, highlighting its collaborations with Tata Motors and Cummins and the significant reduction in VOC emissions achieved.

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.