CATEGORIES

HealthKart secures $153 mn in funding

Round led by ChrysCapital, Motilal Oswal Alternates

Punit Goenka asks ZEEL board to relieve him from MD position

Punit Goenka (pictured) has asked the board of ZEE Entertainment Enterprises Ltd (ZEEL) to relieve him from the position of managing director of the company as he wants to focus on the operational responsibilities as the chief executive officer (CEO), the media and entertainment firm said in a statement on November 18.

MakeMyTrip to acquire Happay from Cred

Online travel aggregator MakeMyTrip on Monday said that it has signed a business transfer agreement to acquire Happay's expense management platform from Cred for an undisclosed amount.

Light vehicles brace for slow drive next year

According to S&P Global Mobility, growth for 2024 is projected to be even lower at 2.9%

The Good Glamm Group fully acquires The Moms Co

The Good Glamm Group, the direct-to-consumer beauty and personal care firm, on Monday announced the 100 per cent acquisition of The Moms Co.

India Inc's Q2 numbers show growing dependence on BFSI

Sector's share in profits hits 38.2% in the quarter, the highest since 2012

Now, Roy Kapur Films looks to sell stake

Mumbai-based Roy Kapur Films (RKF), founded by Siddharth Roy Kapur, the former managing director of Walt Disney India, is seeking equity investment to scale its operations, according to merchant bankers familiar with the matter.

Banks urge RBI for boards' workload mgmt

Private sector bank board members have urged the Reserve Bank of India (RBI) top brass to consider workload management of the boards as they feel there are too many issues that go to the boards for approval and the situation becomes unmanageable at times.

CCI: WHATSAPP CAN'T SHARE DATA WITH META FIRMS FOR 5 YRS

Slaps ₹213 crore fine

₹1trn airport capex plan for 5 yrs: Jeet Adani

JEET ADANI, director of Adani Airport Holdings Limited (AAHL), which runs seven major airports in the country and is building the Navi Mumbai airport, has ambitious plans. Industrialist Gautam Adani's younger son joined the Group CFO's office of Adani Enterprises (AEL) back in 2019 as part of the strategic finance, capital markets, risk and governance policy team and was then asked to lead the group's airport business in 2022. The engineering graduate from the University of Pennsylvania is also in charge of the group's digital and defence businesses. In an exclusive interview to Deepak Patel in Ahmedabad, Jeet, 27, outlined his vision for the airports business that's expected to attract investments of around ₹1 trillion over the next few years. Edited excerpts:

°Banks need to make loans more affordable,

Union Finance Minister Nirmala Sitharaman on Monday called on banks to make interest rates more affordable at a time when the government wants industries to build capacity.

Deadline to phase out fossil fuel appears elusive

India opposes curbs on hydrocarbon investments, calls for expanding decarbonisation efforts, renewables

Two-thirds mid, smallcaps slide into bear territory

692 such stocks are down over20°/o from 52-week highs; analysts see no early relief

India Takes A Leap In Global Race For Hypersonic Missile

DRDO successfully test-fires missile that is hard to intercept

Truth coming out: Modi on The Sabarmati Report

Prime Minister Narendra Modi said on Sunday that a fake narrative can persist only for a limited period of time, while referring to The Sabarmati Report, a movie on the Godhra train-burning incident of 2002, when he was the chief minister of Gujarat.

Defence, trade, and energy headline PM's talks with Nigeria President

India accords high priority to its strategic partnership with Nigeria, Prime Minister Narendra Modi said on Sunday as he held extensive talks with Nigerian President Bola Ahmed Tinubu that focused on shoring up bilateral ties in key sectors such as defence, trade, energy and agriculture.

Customer takes centre stage in this round of the battle

While the banking sector has improved its risk-management and underwriting skills to prevent bad loans, it needs to be innovative to mobilise deposits and keep the cost of money low

Movie ticket sales tumble; Tamil films steal spotlight

The Indian film industry is having a difficult run in 2024, with box-office collections from January to October dropping 7 per cent year-on-year to ₹8,951 crore.

Time to call for reset

Despite housing being a potentially appreciating asset, delinquencies are inching up in certain pockets.

LOSS, DEBT, AND DISCOMS

As state discoms face another debt crisis, the suggestion to list them needs a close look

Build equity-heavy portfolio to reach large target corpus

Diversify into global assets and gold to hedge against currency risk

Limit RIA fees to 3% of household budget

NO FREE LUNCH

Flatlining in the mist: Markets stuck as clarity evaporates

Equity markets entered correction territory last week, with the National Stock Exchange Nifty and broader market indices – Nifty Midcap 100 and Nifty Smallcap 100 – declining more than 10 per cent from their all-time highs.

No Band-Aid for consumption stocks as inflation cuts deep

TIDAL SHIFT: Anchoring strong in choppy seas, BAFs draw ₹2,456 crore amid equity ebb

No Band-Aid for consumption stocks as inflation cuts deep

QUADRUPLE BLOW: Festival flop, sluggish spending, job drought, and market correction impact consumption stocks

In the quiet of strategy, wealth finds its way

The Bandhan Core Equity Fund, launched in August 2005, has consistently ranked in the top 30th percentile of the largecap and midcap funds category in CRISIL Mutual Fund Ranking (CMFR) for three consecutive quarters, up to September 2024.

Midcaps often misunderstood as being too risky

Every bull market attracts a new group of investors unfamiliar with volatility or market downcycles. NEELESH SURANA, chief investment officer at Mirae Asset Investment Managers (India), shares his insights with Puneet Wadhwa in an email interview on navigating uncertain market conditions. Edited excerpts:

Deconstructing the 2024 polls

It is almost a ritual. After every general election since 2014, Rajdeep Sardesai has come out with a book trying to decode the mind of the Indian electorate.

Markets: More dark clouds gather

The Indian stock markets have experienced a remarkable surge over the past four years, recovering from the depths of despair during the pandemic.

Sri Lanka's vote for stability

India has a role to play in its economic recovery