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'Pernod colluded with state retailers'

Indian antitrust investigators raided Pernod Ricard's office in December after finding the French liquor giant colluded with a state's retailers to promote its whisky brand and ignore a rival's, according to a government document seen by Reuters.

SGL32 issues NCDs to raise ₹2,450 cr

Power transmission solution provider Sterlite Grid 32 Ltd (SGL32) on Monday announced securing ₹2,450 crore through listed non-convertible debentures (NCDs) to refinance its Mumbai Urja Marg Ltd project.

Institutional Funds in Housing Up 46%

India's housing market attracted an institutional investment of $1.15 billion last year; it was 46% higher annually, as investors looked to encash strong demand for residential properties, according to real estate consultant Colliers India.

ArcelorMittal SA to close long-steel biz

ArcelorMittal South Africa Ltd will close its business that makes long-steel products, potentially affecting about 3,500 jobs.

Titan expects 24% rise in Q3 revenue

Titan Co. said on Monday it estimated a 24% rise in third-quarter revenue, buoyed by domestic festival demand for jewellery.

Canada's Trudeau may quit this week

Justin Trudeau is expected to announce his resignation as leader of Canada's Liberal Party this week, the Globe and Mail reported, a move that would trigger a contest to replace him as prime minister.

Centre raises alarm on adverse reaction of beta blocker drugs

This is important as doctors widely prescribe the beta blocker medication

U.S. to ease aid restrictions for Syria in limited show of support for new government

The Biden administration plans to announce Monday it is easing restrictions on humanitarian aid for Syria, a move to speed delivery of basic supplies without lifting sanctions that block other assistance to the new government in Damascus.

Israel's Red Sea conundrum: Hit the Houthis or Iran

Over the past year, Israel's military has proved adept at taking down threats to the country's security.

Intel's chips are down. Its problems are even worse than you've heard

AMD and others are making huge inroads into Intel's bread-and-butter business of making the world's most cutting-edge central processing units

Studios Tap OTT Creators Amid Box Office Slowdown

Such deals are good for business as production houses are cash-starved and new-age firms seek recognition

Reliance takes on Tata, PepsiCo with ₹10 Raskik hydration drink

RCPL forays into the hydration segment with the launch of ₹10 Raskik Gluco Energy drink, eyes mass market

Urban slump hits FMCG firms

FMCG growth slows in Q3 as price hikes, weak winter, urban demand weigh on results, despite rural resilience.

Nippon, US Steel Sue Biden Order Blocking Acquisition

Image shows 'Biden's order blocked $14.9 bn buyout of US Steel.' as drophead text which was missed in extraction

Wipro veteran quits for CEO role at smaller firm

A senior Wipro Ltd executive overseeing a third of the company's business has resigned to become chief executive of a US-based fintech firm, marking another high-profile exit from India's fourth-largest IT services company.

Kidfluencers on a Timeout as Rules Force Industry Rethink

Draft personal data rules turn brands hesitant to partner with underage influencers

Disney's Hulu + Live TV biz to merge with smaller rival Fubo

Walt Disney Co said on Monday it would merge its Hulu + Live TV business with smaller rival FuboTV in a deal that also potentially clears the way for the launch of its sports streaming venture with Fox Corp. and Warner Bros Discovery.

NCLAT to hear Meta's plea against CCI fine

CCI asked Meta to pay ₹213 crore fine for abusing its dominant position in relation to the 2021 policy update of WhatsApp

SC shifts e-comm cases to Karnataka HC

The Supreme Court has transferred to the Karnataka High Court (HC) all petitions challenging the Competition Commission of India's (CCI's) probe into alleged anti-competitive practices by e-commerce giants Amazon and Flipkart.

India Inc raises vigil as HMPV cases rise in Asia

Health ministry will increase testing for HMPV as precautionary measure

Morgan Stanley Lowers Hopes for India Bond Inflows

Foreign ownership of FAR bonds increased from 3.5% to 6% of the outstanding amount in 2024

For RBL Bank, credit cost is more important than growth

RBL Bank stock lost 40% of its value in 2024, and that had very little to do with the growth in advances and deposits. Instead, it was all about the asset quality issues.

Will FIIs Return to Indian Market in 2025?

Robust SIP inflows and strong retail participation in broader markets are bolstering DII resilience

Crafting Bharat: Deep-tech edition-Speciale Invest Shaping the deep-tech venture capital landscape

In a world increasingly driven by innovation and technological breakthroughs, India is carving its place at the forefront of transformative solutions.

Funding in space industry of India falls 55% in 2024

Funding in India's space sector, a key part of the country's ambitions to become a global superpower, plummeted by 55% in 2024 to $59.1 million from $130.2 million the previous year, according to data from market intelligence platform Tracxn.

Warburg Pincus Names Two MDs to Expand India Team

Private equity firm Warburg Pincus, which was one of the most active PE investors in India in 2024, has expanded its leadership team in the country by appointing two new managing directors.

D2C brands seek alternative financiers as Q-comm surges

Alternative financing models offer quick access to capital without diluting equity

Airtel, VI Sell Holdings in Wi-Fi JV Firefly

Telecom operators Bharti Airtel and Vodafone Idea have sold their entire stake in Wi-Fi infrastructure company Firefly Networks to iBus Network and Infrastructure for ₹9 crore, the telcos said in separate regulatory filings on Monday.

India eyes $107-bn pvt capital to widen grid

India is asking states to attract more private capital to accelerate the expansion of its power transmission network, part of a plan to revamp the country's grid and accommodate more clean power.

House panel to review CDSCO's performance in curbing spurious drugs

The government has also made it mandatory for 300 lifesaving drugs to have quick response codes