Bu konuda

July 13, 2024

MFs rake in record ₹14,370 cr via equity NFOs in June

At ₹37,885 cr, collection in H1CY24 surpasses entire 2023 mopup

2 mins

Retail inflation at 4-month high of 5.08% in June

IIP grew to 7-month high of 5.9% in May

2 mins

Siam dispels worries over excess inventory with dealers

There is no need to worry about the high level of stocks with dealers as automobile manufacturers know how to maintain an equilibrium between demand and supply, Vinod Aggarwal, president of the Society of Indian Automobile Manufacturers (Siam), said on Friday.

2 mins

TCS rub-off lifts Nifty, Sensex to fresh highs

Indices see 6th weekly winning run; FPIs bullish amid Fed rate cut hopes

1 min

Apple abused its position in App Store: CCI

An investigation by the country's antitrust body, Competition Commission of India (CCI), has found that Apple exploited its dominant position in the market for app stores on its iOS operating system, engaging \"in abusive conduct and practices\", a confidential report seen by Reuters showed.

1 min

HCLTech Q1 net up 20%, FY25 guidance at 3-5%

Revenue for the first quarter grew 6.7% to hit ₹28,057 crore

2 mins

Bajaj, TVS close in on Ola with low-cost models

Bajaj Auto and TVS Motor Company, after launching lower-priced electric scooter models over the past couple of months, have seized a combined 38.11 per cent market share of the etwo-wheeler segment, based on VAHAN registrations in the first 12 days of this month.

2 mins

'Will return to profit in Q1FY25'

Online travel platform EaseMyTrip is looking to turn the corner and become profitable in the first quarter of the financial year 2024-25 (FY25), CEO and co-founder Nishant Pitti said.

1 min

Hyundai rules out any special worker share allocation despite stir

South Korean carmaker Hyundai Motor has ruled out any special allocation of shares to Indian workers in its forthcoming mammoth Indian stock market listing, despite employee demands, sources close to the matter said on Friday.

1 min

20K staffers to be trained in GenAI every qtr

IT services giant HCLTech in its Q1 earnings call said that the company plans to train and upskill around 20,000 employees Generative AI (GenAI) every quarter, with an overin all target to train around 1 lakh employees in GenAI skills by the end of FY25.

1 min

GCPL develops indigenous mosquito repellent molecule

Godrej Consumer Products (GCPL) on Friday announced that it has developed 'Renofluthrin', a patented mosquito repellent molecule and has integrated it in its household insecticide products.

2 mins

Fitch lowers Tata Steel outlook to 'negative'

Fitch Ratings on Friday revised its outlook on domestic steel major Tata Steel to negative on account of uncertainty surrounding the turnaround of the company's operations in the UK.

1 min

Nasscom raises concern over Karnataka gig workers Bill

The National Association of Software and Service Companies (Nasscom) has raised several \"serious concerns\" over a platform-based gig workers Bill proposed by the Karnataka government, asserting that has \"serious gaps\" and can adversely impact the functioning of gig platforms in the state.

1 min

RIL net may see sequential dip

Modest growth expected in Ebitda

1 min

Airbnb sees 30% booking surge from Indian guests

With the summer Olympic and Paralympic games just weeks away, Airbnb has witnessed a 30 per cent uptick in booking from Indians when compared to a year ago.

1 min

Partior raises $60 mn in Series-B round

Partior, a cross-border payments and settlement blockchain company, has raised close to $60 million in Series-B round led by Peak XV Partners.

1 min

India-Russia ties remain slow on investments

Other economic parameters outside trade also lag

2 mins

Crypto firms seek tax relief on VDA transfer

Urge finance ministry to lower TDS on transfers from 1% to 0.01%

1 min

Can improve recovery under IBC to 40%: IBBI chief to RPS

The Chairperson of the Insolvency and Bankruptcy Board of India (IBBI), Ravi Mital, on Friday called for taking steps including some innovative ones to improve the recovery to creditors from the current around 32 per cent to at least 40 per cent.

1 min

Kerala retains top ranking in NITI's SDG index; Bihar worst performer

NITI CEO says targeted intervention by govt has helped achieve improvements across 16 goals

2 mins

Govt plans 30 Gw solar power in FY25-end

The Rajasthan government aims to produce 30 gigawatt (Gw) of solar power by the end of FY25 to become self-reliant in the power and energy sector, an official said.

1 min

Coal India to ease e-auction norms

Maharatna coal behemoth Coal India Limited (CIL) on Friday said it has taken steps to ease e-auction norms like lowering the earnest money and enhancing the quantity of the dry fuel on offer.

1 min

Credit card spending surges despite rise in risk weights, says Visa

The Reserve Bank of India's (RBI) push back against exuberance in unsecured loans has not had much impact on the credit card spends, repayment behaviour of customers, said Sandeep Ghosh, Group Country Manager, India and South Asia, Visa.

1 min

Major credit card issuers go live on BBPS platform

Issuers live on the platform cater to 80-85% customers

1 min

India can be 2nd largest economy by 2031: Patra

It is conceivable that India can become the world's secondlargest economy by 2031 and the largest economy by 2060, given the country's inherent strengths, said Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra.

1 min

Kejriwal gets interim bail from SC, but to remain in jail in CBI case

Top court says 'power to arrest under PMLA can't be exercised as per whims of ED'

2 mins

Govt to observe June 25 as 'Samvidhaan Hatya Diwas'

Congress hits back, says June 4 will go down as 'Modi Mukti Diwas'

1 min

Vizhinjam port to see up to ₹20K crore investment

Adani Ports to put in ₹10K cr, may complete Phase-I in Sep, all phases by 2028

2 mins

Mixed results as top banks kick off earnings season

JPMorgan reported record profit as investment bankers and equities traders at the biggest US bank beat expectations and the firm took a multibillion-dollar gain tied to a Visa share exchange.

1 min

Biden unshaken despite Nato stage gaffes

US Prez now faces more calls from Democrats to quit

2 mins

Saudi ramps up purchase of dirtiest oil amid heatwave

Saudi Arabia boosted imports of the dirtiest type of oil to the highest in more than three years to help meet power demand during the scorching summer.

2 mins

Unilever to cut one-third staff in Europe by 2025 FMCG firm to slash 7 500 jobs globally

Unilever is cutting a third of its office staff in Europe, as the consumer goods group pushes ahead with plans to slash 7,500 jobs worldwide.

1 min

X's blue checks deceptive, transparency falls short: EU

Elon Musk's social media platform X has been hit with a warning from the European Union for deceiving users into engaging with potentially harmful content, in the latest show of force by Brussels against Big Tech's practices.

1 min

Japan's Navy chief sacked, 200 officials punished over scandals

Japan replaced the head of its navy and punished more than 200 defence officials after a string of scandals that include mishandling of classified information and overclaiming on pay.

1 min

An unfair landslide?

The past fortnight has shown us that our electoral system can appear fundamentally unfair.

3 mins

Change of guard

If Gautam Gambhir, the newly appointed coach of the Indian cricket team, sets his mind to it, he could be the frontrunner to become the next Rakesh Jhunjhunwala.

3 mins

Are Americans ready for the US-China trade war?

It is hard to think of an issue that brings together the United States' deeply divided political class more than the need to contain China's growing influence, whether through trade restrictions, tariffs on Chinese electric vehicles (EVs), or banning TikTok.

3 mins

Modi & jai jawan, jai kisan' trap

Modi govt will need to address massive challenges without the total power it got used to, in the face of relentless electoral challenges, one after another

5 mins

Where play meets politics

Every four years when the Olympics come around, the world's politicians mouth absurdities about how \"sports and politics should not mix\".

3 mins

Quant MF gets new CFO, says move unrelated to Sebi probe

Quant Mutual Fund (MF) has informed investors that its Chief Financial Officer (CFO) Harshal Patel has resigned \"due to personal reasons\".

1 min

Finfluencers feel the heat as Sebi crackdown looms

Regulator shoots warning letters to 20 unauthorised investment advisors in 2 mths

2 mins

Domestic MFs increase stake in Paytm, firm's FDI dips by 2%

One97 Communications, the company that operates Paytm, has recorded an increase in the shareholding of domestic investors, including mutual funds and retail shareholders, during the first quarter of financial year 202425 (Q1 FY25).

1 min

Top 25 global banks' mcap at $4.1trn in Q1

The combined market capitalisation (mcap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (Q-oQ) during April-June 2024 (Q1 FY25) at $4.11 trillion, driven by favourable global economic signals, suggests a recent note by GlobalData, a Londonbased data analytics firm.

2 mins

Rerating potential in Axis Bank stock

The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts.

2 mins

MFs bought over ₹46,000 crore HDFC Bank shares in H1CY24

Mutual funds bought HDFC Bank shares worth over 46,100 crore in the first six months of 2024, reversing the sell-off trend in the last three months of 2023, according to data from Nuvama Alternative Quantitative Research.

1 min

Low valuation and robust pipeline may fuel TCS rally

The shares of Tata Consultancy Services (TCS) zoomed over 6 per cent to ₹4,182 a piece on the BSE on Friday.

3 mins

THE REAL RAILWAY MEN

As a debate rages on about the working conditions of railway loco drivers, here is a peek into their lives

4 mins

Why Anxiety is the new villain

Pixar Animation Studios is breathing a sigh of relief.

3 mins

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