Bu konuda

August 10, 2024

Mkts end turbulent week with 1% gain

Decline in US employment claims spurs indices

2 mins

Hybrids preferred choice, offer best of both worlds: Lamborghini exec

Customers are now preferring hybrid cars over electric cars, believing their performance won't drop, a senior executive of Italian super luxury carmaker Lamborghini said on Friday.

3 mins

Changes to banking laws have a consumer tilt

No proposal that would allow change in ownership pattern of PSBS

1 min

Big e-tail hiring boom coming this festival season

India's e-commerce industry is planning to hire in big numbers this festival season to cater to an estimated 35 per cent surge in sales.

2 mins

M&M, Kerala in talks for EV unit

India's fourth-largest automaker, is in discussions with the Kerala government to set up an electric vehicle (EV) manufacturing unit in the southern state, which is known for its higher EV penetration.

2 mins

Cement players on growth path despite weak demand, pricing pressure

Ambuja reports lower volume growth in East, South; Shree Cement losing in North

2 mins

India may beat China in 2W mkt share in CY24

Projection based on both electric and ICE-powered vehicles

2 mins

Tyre prices set to rise again in Q2 as raw material costs soar

Tyre manufacturers are grappling with unprecedented raw material costs as natural rubber prices touched a 13-year high in June 2024.

2 mins

Lemon Tree plans to list subsidiary to be debt-free

Lemon Tree Hotels, the largest midpriced hotel sector chain in India, plans to list its subsidiary Fleur Hotels to achieve its goal of becoming a debtfree company in six years.

1 min

Data centres turn to green energy amid power demand surge

A ChatGPT query needs nearly 10 times as much electricity to process as a Google Search, a study by Goldman Sachs report claims.

2 mins

HCLTech unit to buy Zeenea for ₹218 cr

HCLSoftware, the software business division of Indian IT services giant HCLTech, said on Friday it is acquiring Zeenea, a Paris-based firm providing data catalog and governance solutions, for €24 million (around ₹218 crore).

1 min

A-I, Vistara get nod to integrate aircraft line maintenance ops

Aviation regulator Directorate General of Civil Aviation (DGCA) has approved integrating the aircraft line maintenance operations of Air India (A-I) and Vistara as the two airlines move close to their merger.

1 min

US lenders to Byju's file appeal in SC

Some overseas lenders to edtech startup Byju's have appealed to the Supreme Court (SC) opposing a verdict that had quashed insolvency proceedings against the embattled firm.

1 min

Kerala, TN see fewer hospital admissions under Ayushman Bharat

Kerala and Tamil Nadu have witnessed a drop in authorised hospital admissions under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) in the last three financial years, even as other southern states saw a gradual growth in hospitalisations under the scheme, according to data presented by the Ministry of Health and Family Welfare in the parliament.

2 mins

Centre forms panel to monitor situation on Indo-Bangla border

The Narendra Modi government on Friday constituted a high-level committee, headed by a top Border Security Force (BSF) official, to monitor the situation along the IndoBangladesh border in wake of the ongoing state of affairs in Dhaka, Union Home Minister Amit Shah (pictured) said.

1 min

11 Bills introduced, 3 passed as Budget session concludes

LS devoted 27 hrs and 19 minutes to discuss the Union Budget against the allotted 20 hrs

1 min

Modi meets BJP MPs on SC/ST creamy layer issue

A delegation of Bharatiya Janata Party (BJP) MPs on Friday met Prime Minister Narendra Modi and expressed concern over the Supreme Court's observation on identifying the creamy layer among the Scheduled Castes (SC) and the Schedule Tribes (ST).

1 min

'Look to resolve issues with deposit growth'

Says focused on creating personalised experience for customers

1 min

Analysts flag concerns over LIC’s VNB margin

Believe growth has not been satisfactory

2 mins

Imports of pulses may dip in FY25 on good monsoon

Experts say imports likely to double in next 5 yrs if policies remain unchanged

1 min

'Rates to remain elevated for loans, bulk deposits'

With the quest for resources becoming intense, Bank of India is stepping up efforts to raise low-cost deposits through branch networks in semi-urban and rural areas. With the rising cost of funds, loan rates for highly rated companies will need a relook to protect margins, RAJNEESH KARNATAK, managing director and chief executive, tells Abhijit Lele in Mumbai. Edited excerpts:

2 mins

Committed to conducting polls in J&K at the earliest: CEC

Rajiv Kumar says elections won't be postponed on account of terror attacks

1 min

SC grants bail to Sisodia, says speedy trial denied

Former deputy CM of Delhi granted bail in both CBI and ED cases

2 mins

Moscow declares federal level emergency in Kursk

Russia declared the situation in the Kursk region a \"federal level\" emergency and sent reinforcements there on Friday, four days after hundreds of Ukrainian troops poured over the border in what appeared to be Kyiv's biggest attack on Russian soil since the war began.

1 min

US, Qatar call for Gaza ceasefire talks on Aug 15

The US, Qatar and Egypt are calling for a new round of ceasefire talks on August 15, the latest attempt by the Biden administration to end the war in Gaza even as the region braces for an expected Iranian attack on Israel.

1 min

Hasina must face criminal charges: B'desh Oppn

Bangladesh's main opposition party said the ousted prime minister, Sheikh Hasina (pictured), must face criminal charges in the country, and warned India risked damaging ties with its neighbor because it's sheltering the former leader.

1 min

How China built tech prowess: Chemistry classes and research labs

China's domination of electric cars, which is threatening to start a trade war, was born decades ago in university laboratories in Texas, when researchers discovered how to make batteries with minerals that were abundant and cheap.

2 mins

'Q-com continues to be our fastest-growing channel'

Honasa Consumer - the parent firm of D2C brands such as Mamaearth, The Derma Co, and BBlunt - on Friday reported a 62 per cent jump in its quarterly net profit on the back of increased sales and improving margins. In a telephonic interview, VARUN ALAGH, chairman and CEO, Honasa Consumer, discussed with Aryaman Gupta the firm's Q1 performance, festival season, challenges, and future plans. Edited excerpts:

1 min

Grasim to invest ₹4,553 cr in FY25

Company's revenue up 9%, profit down 23%

1 min

US RECESSION FEARS HYPED?

But any slowdown may have dampening effect on India, while bringing a silver lining for import bill and FPI inflows

5 mins

Aamir gets front-row seat in CJI's court

Actor was attending the special screening of Laapataa Ladies in SC

1 min

Equity funds log ₹37K cr in July

Inflows in first four months of FY25 at ₹1.3 trillion, SIPs at record ₹23,332 crore

2 mins

Smaller SIPS, Reit reforms on Sebi's FY25 work list

The Securities and Exchange Board of India (Sebi) said on Friday that its key areas of work for the current financial year (FY25) included further reducing the minimum investment for mutual funds, faster processing of rights issues, and fostering greater innovations.

1 min

Prospects healthy for Bharat Forge, but stock fully valued

Premier engineering concern Bharat Forge has broadened its revenue streams by entering new non-auto segments and markets, resulting in the share of the auto business dropping to 58 per cent in the financial year 2024 (FY24) from 80 per cent (FY07).

2 mins

More regulation needed to curb retail speculation in F&O'

Indian stock markets are volatile at a time when the regulator, Securities and Exchange Board of India (Sebi), has introduced measures to curb speculative bets in futures and options (F&O). AMISHA VORA, chairperson & managing director of PL Capital - Prabhudas Lilladher, told Nikita Vashisht in an email interview that India had strong fundamentals for sustained market growth despite global uncertainties, \"mitigating concerns of a bubble\". Edited excerpts:

2 mins

Ola Electric rises 20% on debut on EV optimism

Firm's valuation at 40K cr despite tepid response to IPO

2 mins

Care Health Esop case: SAT stays Irdai order

The Securities Appellate Tribunal (SAT) on Friday granted a stay on Insurance Regulatory and Development Authority of India's (Irdai's) order against Religare Enterprises' (REL) executive chairperson, Rashmi Saluja, and its subsidiary, Care Health Insurance, in a matter related to the allotment of employee stock ownership plans (Esops).

1 min

Give robust response to Sec 148A notice to avoid reassessment

The Income-Tax (I-T) Department is reviewing cases from assessment year (AY) 201819 for potential reopening, which may lead to a surge in tax notices.

2 mins

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