CATEGORIES

Saudi Arabia is losing its iron grip on global oil markets

Crude output in the Americas has already helped slash the OPEC+ slice of global supplies to some of its lowest levels

Medusa Beverages eyes ₹120 cr for new beer plant in FY26

Medusa Beverages Pvt. Ltd, the company behind the Medusa beer brands, aims to double its volumes by FY26 through a capacity expansion planned in Punjab in the coming fiscal year.

Kuwait explores storing oil in Indian strategic reserves

Gulf nation-run firm expresses interest in leasing space from local entity operating caverns

Honda weighs cleaner models to meet tougher CAFE norms

Honda said it is optimistic about the Indian government's goal of 30% vehicle electrification by 2030, though it anticipates the actual figure might settle closer to 15-17%.

Independent artistes struggle to collect royalty payments

Artiste managers and entities are educating artistes on tracking their performance and data on streaming platforms

Pernod's internal probe concludes its top India officials broke law

Representatives of Pernod Ricard have denied collusion with alcohol retailers both in court and publicly

Haier India draws interest from more strategic players

Chinese household appliances maker Haier Smart Home Co.'s Indian unit has attracted interest from local strategic players as well as foreign investors, two people aware of the development told VCCircle.

Swiggy needs Instamart to rev up

Swiggy Ltd's first post-listing quarterly results show that it has almost matched Zomato Ltd's growth on a quarter-on-quarter (Q-o-Q) basis.

Home decor companies struggle to shake off woes

Investors of listed home decor or building materials stocks are sitting on losses, with shares correcting from 52-week highs. These firms continue to struggle with challenges ranging from muted volumes, weak realizations to rising input costs.

StanChart focuses on India, China in new wealth assets push

Standard Chartered (StanChart) will target $200 billion in new assets and double-digit growth in income from its wealth business over the next five years, as part of its wider strategy to shift to higher-fee-earning businesses.

Rupee hits record closing low

The rupee was unable to benefit from gains in most of its Asian peers, including the offshore Chinese yuan

10-year bond yield at 3-year low on bets of policy easing

Indian government bond yields declined on Wednesday, with the 10-year benchmark yield falling to its lowest level in nearly three years, on rising optimism over monetary policy easing from the Reserve Bank of India (RBI) this week.

Not mandatory to register as SDP: Sebi

In a clarification, Sebi cited the confusion about the obligation of digital platforms to be recognized as SDPs

RIL's genomic test co Strand looks at tier-II, -III markets

Genomic testing has been rising in diagnosis, mainly among tertiary specialists in metros and tier-I cities

Vodafone to exit Indus Towers, repay its debt

Remaining 3% stake to be sold through an accelerated book build offering

Garment makers wary of GST rate hike on readymades

A GST hike on readymade garments could dampen the wedding season.

eMaap portal to ease regulatory burden on traders

The department of consumer affairs is set to launch a portal to streamline trade processes, ensure consumer protection and promote transparency in market transactions.

India's services sector growth falls marginally in November

India's services sector growth fell slightly in November from the previous month, owing to a drop in growth of new orders and output, a survey released on Wednesday showed.

Big chunk of India AI Mission fund to go into AI compute

Forty-four percent of ₹10,371.92 crore earmarked for providing capacity of over 10,000 GPUs

Policy for wet-leasing aircraft weighed

Indian airlines will soon be able to expand and launch new routes through wet-leased aircraft with the government likely to announce relaxed norms soon, two officials confirmed.

GIC to secure majority in TPG-backed Asia Health

Singapore fund may add 15% stake, turn majority owner of hospital platform