CATEGORIES

Carmakers Honda, Nissan enter a basic agreement for merger talks

The company plans to repurchase as many as 1.1 billion shares, or almost 24% of its stock excluding treasury securities.

Indian bullet trains may ply on specialized railway corridors

speed of 180kmph. \"The manufacturing cost of this is around ₹28 crore per car (excluding taxes), which is highly competitive compared with other high-speed train sets and almost half the price of Japanese rolling stock that may be used for the MAHSR project,\" the second person said, also wishing to remain anonymous.

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

GEF Capital bets $20 mn on EPACK Prefab

EF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Oyo acquires G6 Hospitality

The transaction is expected to add about 1,500 franchised hotels across the US and Canada to Oyo's portfolio

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.

Polycab India is wired for growth and the stock reflects it

Charged up

Siemens stares at bumpy FY25

Siemens Ltd's shares have plummeted about 12% in the past two trading sessions. Investor sentiment took a beating after management offered a bleak outlook at the FY25 analyst meet on Friday.

Rupee slips to all-time low pressured by weak yuan

The Indian rupee weakened to its lifetime low on Monday, pressured by weakness in the offshore Chinese yuan and strong dollar bids from importers, likely related to month-end payments, while state-run banks' dollar sales capped the decline.

In emerging markets, 'better luck next year' is a hard sell

Emerging markets-focused investors have had little to celebrate over the past year. Or, for that matter, over the past decade. Now, the prospect of Donald Trump's tariffs and trade wars has some considering abandoning them altogether.

Sensex, Nifty up after 5-day loss

The Nifty and Sensex dropped about 5% last week, the worst since June 2022

Banks push for new rate benchmark

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to people familiar with the matter.

In rare crackdown, Sebi halts trading in Bharat Global

BGDL's share price surged 105x over the past year, rising from ₹16.14 in Nov 2023 to ₹1,702.95 in Nov 2024

Aakash's ex-CEO launches new edtech startup

Sparkl is an AI-powered online one-on-one tutoring platform focusing on 6-12 grades for IGCSE and IB curricula

India plans to import 20 more cheetahs, 2 elephants

India is in discussions with Kenya, Botswana and Tanzania to import 20 more cheetahs and two female elephants by March, two government officials said.

Weather woes could crush sugar production hopes

Sugarcane yields in India are declining due to last year's drought and this year's excessive rains, which could reduce the country's sugar production below consumption levels for the first time in eight years, farmers and industry officials said on Monday.

PNGRB to expand LPG pipeline for safer transport, cost cutting

The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to expand India's pipeline network for safer and eco-friendly transportation of liquified petroleum gas (LPG), said Anil Kumar Jain, the chairperson of PNGRB.

GST on corporate sponsorships eased

The Goods and Services Tax (GST) Council's decision on Saturday to tweak a rule on corporate sponsorships is set to make these deals more tax efficient and the recipient of funds better off, officials and experts said.

At long last, the UK is shooting for the moon on clean energy

An ambitious plan revives hope but it will be a race against time

Fuel efficiency norms could accelerate clean mobility

Tighter carbon emission standards should push automakers to sell greener vehicles overall

Can we use today's geopolitical chaos to uplift India's economy?

Successful economies have geopolitics to thank but India may be letting its opportunity slip away

Escaping India within India is an exorbitant exercise

The wealthy in Gurgaon pay mind-boggling prices to keep real India out of their lives. But it doesn't happen

FREELANCERS CAN AVOID HIDDEN FEES, MAXIMIZE EARNING

Being aware of payout options and financial solutions helps freelancers with smarter choices

What you must know about rental agreements, registration process

According to the Registration Act, 1908, a rental agreement for less than 12 months need not be registered

IOC probes bribery allegation of US cos

State-owned Indian Oil Corporation (IOC) has begun a probe into allegations of a US speciality chemicals firm bribing its officials 15 years ago to obtain contracts to supply catalysts, according to a company's regulatory filing.

India could be key SAF producer: lata

India has the potential to be a key producer of sustainable aviation fuel by utilizing its ethanol supplies and availability of lipid feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA (International Air Transport Association).

Akasa to add more planes this fiscal

Akasa Air is in continuous discussions with Boeing on aircraft deliveries and expects to add a few more planes to its fleet in the current fiscal ending March 2025, the airline's chief Vinay Dube has said.

Front-running case: Sebi bans 9 entities

Markets regulator Sebi (Securities and Exchange Board of India) has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore.