CATEGORIES

Gallagher to buy Assured Partners in $13.45-bn deal

ARTHUR J GALLAGHER said on Monday it would acquire insurance broker Assured Partners in an all-cash deal worth $13.45 billion, as it looks to bolster its focus on property and casualty and employee benefits across the U.S.

China signals bolder stimulus as Trump returns to power

● Shift from 'prudent' strategy to come after 14 years

CEAT: Focus on off-highway tyres

Camso deal to also strengthen company's portfolio in tracks

Optimistic outlook for Godrej Consumer

The management anticipates mid-single-digit revenue growth with Ebitda margins below the normal range of 24-27%

Tata Power: Focus on green energy growth

● Solar manufacturing, rooftop EPC projects to be key drivers

Crypto doesn't deserve a tax exemption

I AM (MOSTLY) bullish on crypto and (usually) sceptical of higher taxes, especially on capital gains. So why do I think it would be wrong to make crypto assets exempt from capital gains taxes, as President-elect Donald Trump's administration is reportedly considering?

A new beginning

As he begins his term as RBI governor, Malhotra has to fill the big shoes of Das who has done a tremendous job

Globalisation and India

VOLATILE GEOPOLITICAL REALITIES DO NOT AUGUR THE END OF GLOBALISATION

A solution in search of a problem

While the idea of a BRICS currency is a powerful negotiating tool in challenging dollar dominance, there are more long-term solutions

Experts say LCR norms to hit banks' NDTL by 200-250 bps

Experts say LCR norms to hit banks' NDTL by 200-250 bps

Sebi alerts on risks of unlisted securities trading

The Securities and Exchange Board of India (Sebi) has cautioned investors against platforms that facilitate transactions in unlisted securities of public limited companies.

FMCG shares weigh heavily on benchmark indices

Sensex, Nifty drop for second session; GCPL, HUL, Dabur, Marico decline 3%

CCI seeks SC hearing in e-commerce antitrust case

THE INVESTIGATION IS a major regulatory challenge for Amazon and Flipkart in a market where e-commerce sales are set to exceed $160 billion by 2028, up from $57 billion to $60 billion in 2023.

AI places an order for 100 aircraft

SIX AIRBUS A350-900s have been delivered to Air India and are operational on several domestic and international routes, including Delhi-London.

BookMyShow FY24 profit rises 28% to ₹109 cr

ONLINE TICKETING PLATFORM BookMyShow's net profit grew 27.6% to ₹108.63 crore in the financial year 2023-24 (FY24) from ₹85.11 crore in the last fiscal year (FY23).

Livguard looks to incur ₹3,360-cr capex in 5 yrs

The energy storage firm plans to raise around ₹1,697 cr-₹2,121 cr in the next financial year, which will be used for increasing production capacity at its new facilities

MapmyIndia parent to not invest in outgoing CEO firm

CE INFO SYSTEMS, the parent firm of digital maps provider MapmyIndia, said on Monday that it has scrapped plans to invest in a company being set up by its outgoing CEO after receiving investor feedback, with its shares closing 16% higher.

Zaggle aims to double revenue by next fiscal

● Firm evaluating acquisition opportunities

AI's rise driving demand for computers: Lenovo

ARTIFICIAL INTELLIGENCE (AI), THE transition from Windows 10 to Windows 11, and a lifecycle upgrade following the pandemic is boosting the demand for personal computers (PCs), Ashish Sikka, Lenovo India's director and category head, told FE.

First test flight lands at Noida airport

THE FIRST VALIDATION flight landed successfully at the Noida International Airport on Monday. An IndiGo plane, Airbus A320 took off from the Indira Gandhi International Airport in Delhi with crew members and landed in Noida, which welcomed it with a water salute.

Jewar land prices may rise by 50% in 6 years

JEWAR, A SMALL town along the Yamuna Expressway, is emerging as one of the fastest-growing real estate micro markets because of the upcoming international airport leading to a 40% appreciation in land prices in the last five years.

Vodafone Idea to raise ₹1,980 cr from parent

VODAFONE IDEA ON Monday said its board has approved the issuance of up to 1.75 billion shares on a preferential basis to two Vodafone Group entities to raise up to ₹1,980 crore.

Tata Motors, Kia announce price hikes

● Best offers on 2023-made models

LG India paid ₹323 cr in royalty to parent in FY24

LG ELECTRONICS INDIA, which filed its offer document last week for a $1.8-billion initial public offering (IPO), paid 2.3-2.4% of sales in royalty to its parent in FY24, totaling ₹323 crore, its draft red herring prospectus (DRHP) showed.

Soros row: BJP, Cong trade charges

Uproar over BJP's allegations linking top Congress leaders with US-based billionaire investor George Soros-funded organisations involved in 'anti-India' activities rocked both houses of Parliament which failed to transact any business,

Oppn mulls impeachment resolution against Dhankhar

The uneasy relationship that Opposition parties share with Rajya Sabha chairman and vice-president Jagdeep Dhankhar is set to come to a head as the INDIA bloc parties have decided to submit a notice to move a no-confidence or impeachment resolution against him.

Delhi flags minorities' plight, Dhaka says internal issue

● India calls for 'constructive' ties, says attacks 'regrettable'

PIT outpaces Budget during April-October, capex shrinks

DURING THE SEVEN months of FY25, personal income tax collections grew at a faster clip of 20.2% on year against the full-year Budget estimates (BE) of 16.1%, reports Saikat Neogi.

Rajasthan investor summit draws ₹35 lakh-cr pledges

Leading Indian conglomerates and other companies have pledged to make combined investments of more than ₹35 lakh crore in Rajasthan over the next few years under the memoranda of understanding signed with the state government, with the largest commitment of ₹7.5 lakh crore coming from Adani Group.

100,000 Bima Sakhis may be enrolled in 12 months

THE STIPENDIARY SCHEME launched by Life Insurance Corporation on Monday to engage women career agents (MCAs) could cost the insurer ₹845 crore in the first year while the new business generated by them is likely to be five-seven times the cost incurred, chairman Siddhartha Mohanty said.