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Emerging tech sectors stake claim on 600 MHz spectrum
● Allocation should not be beyond a point, say telcos
Logistics leasing to hit 50 mn sq ft
LOGISTICS & INDUSTRIAL (L&I) real estate leasing volume for 2024 is expected to reach 50-53 million square feet (MSF), marking the third consecutive year with leasing volume exceeding 50 million sq ft, according to a report by property consultant Cushman & Wakefield.
Exporters draw up plans to raise share in US market
IN ANTICIPATION OF the U.S. going ahead with higher tariffs on Chinese imports, the Federation of Indian Export Organisations (FIEO) has formulated a strategy to raise its share in the US market.
Duty-free import of yellow peas till Feb
The government on Tuesday extended duty-free import of yellow peas, used as a substitute for chana, for two more months till the end of February, with the aim to curb prices of the key pulses variety.
Laptop import nods may be tied to capacity growth
Boosting Domestic Manufacturing
Unincorporated sector generates 11 mn jobs
SMALL FIRMS MAKE BIG CONTRIBUTION
Mining sector gets a leg-up, import reliance down
INDIA'S MINING INDUSTRY took a long stride this year supported by government policies in the critical minerals mining as it intends to boost domestic production, reducing dependency on imports and helping in realising the renewable energy targets.
Rabi sowing a tad below last year's level; oilseed cultivation down 5.5%
WITH JUST A few weeks left for the rabi season to be over, sowing of winter crops such as wheat, pulses, oilseeds, and coarse cereals has been a tad below last year's level so far as the area under oilseeds have declined.
The year AI took centrestage
The debate if it is a blessing or a Frankenstein rages on
Shyam Benegal, pioneer of parallel cinema, dies
JUST WHEN MAINSTREAM Hindi cinema stepped into an exciting new phase with the rise of the 'Angry Young Man' in the '70s, Shyam Benegal made a stunning debut as the writer and director of Ankur (The Seedling, 1974), propelling the parallel cinema movement in India.
Honda, Nissan on merger road
SMALLER MITSUBISHI MOTORS, in which Nissan is top shareholder, was also considering joining and would make a decision by the end of January, the companies said.
Now, Musk wants you to pay 'X-tra' as premium plans
● Marks the largest price increase since acquisition
For IT firms, it's a mixed blessing
Despite currency pressures, the Indian IT sector is experiencing robust growth driven by strong demand for cloud and AI-driven transformation projects, leading to a mixed impact on companies' margins and profits.
Toyota-Suzuki pact should be the template in India
ANALYSTS SAID THAT for the Indian market, auto firms can't afford to be just in segments like petrol and diesel.
UK insurer Aviva to shed up to 2,300 jobs in $4.65-billion deal
British insurer Aviva could cut up to 2,300 jobs as it takes over smaller rival Direct Line in a 3.7 billion pound ($4.65 billion) cash-and-stock deal, the companies said on Monday, creating the UK's largest home and motor insurer.
Noel Tata: From shadows to spotlight
THE NEW CHAIRMAN of Tata Trusts, however, has done enough to remove the earlier perception of \"lack of exposure\".
US launches new probe into legacy Chinese chips
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports
In a note to India, Bangladesh demands Hasina's extradition
● Dhaka insists on Hasina's trial, India declines comment
Govt schools can fail class 5, 8; no-detention policy ends
THE CENTRE HAS scrapped the no-detention policy in schools governed by it, including Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas, allowing students of Classes 5 and 8 to be held back from the ongoing academic session.
Emami: Operating margins to improve
● Bolt-on acquisitions to drive double-digit revenue growth
Awfis Space Solutions: Sustained growth outlook
35% CAGR in seat additions during FY24-27 projected
Siemens: Weak outlook on HVDC, Rlys
AT ITS Q4FY24 EARNINGS call, Siemens sought to tamper expectations on several fronts: (i) delays in large high voltage direct current (HVDC) orders, as India's preference for line-commutated converter (LCC) technology contrasts with Siemens' global focus on voltage source converter (VSC) technology; (ii) sluggish momentum in railway orders for locomotives and trainsets, with a potential higher allocation to Indian Railways factories; and (iii) muted performance in the LV business (smart infrastructure, including discoms capex and private capex in digital infrastructure).
Europe's hottest stock has an American architect
FORCED TO SEEK a government rescue barely a year ago, Siemens Energy was an unlikely candidate for Europe's best performing stock of 2024.
Merge to survive
Electric mobility is disrupting the global auto industry, forcing alliances and consolidation
Struggles with a consumer society
TIGHTENING GOVERNMENT CONTROL ON CHINESE SOCIETY IS AT ODDS WITH ITS GOAL OF RAISING CONSUMPTION
The conundrum of repo rate arguments
Monetary policy always triggers debate as theoretical arguments on both sides: repo rate induces investment or repo rate lowers inflation are equally strong
HUDCO, PGCIL raise 10-yr bonds at 7.12%
HOUSING AND URBAN Development Corporation (HUDCO) and Power Grid Corporation (PGCIL) have raised funds from the domestic debt capital market.
Kalyani Investment pays ₹1.12 crore to settle case with Sebi
KALYANI INVESTMENT, ONE of the promoter group entities of Bharat Forge, has settled a case with Sebi about the alleged violation of disclosure norms after paying ₹1.12 crore towards the settlement fee.
Burman family gets Sebi nod for Religare open offer
THE BURMAN FAMILY'S open offer to acquire an additional 26% stake in Religare Enterprises has received an approval from the Securities and Exchange Board of India (Sebi), according to a report.
Rupee closes at its lifetime low of 85.12
● Weak yuan, demand for dollar keep the currency under pressure