CATEGORIES

How a businessman in his 50s went gung-ho on MFs

From telecom retail to mutual fund: SIPs have bridged Singh's post-covid business slowdown

Principal disabled? Know your PoA rights

My father has been in coma following an accident. He had granted me a power of attorney (PoA) to manage his money, but the PoA has no specified duration. Is it legally valid for me to withdraw funds or conduct other transactions on his behalf for his medical treatment? -Name withheld on request

HOW SALMA HAYEK IS REDEFIMNG PHILANTHROPY

In the worlds of Hollywood, fashion and activism, there's never been anyone quite like Salma.

WORLD SAVINGS DAY: A REALITY CHECK ON INDIA'S DWINDLING HOUSEHOLD SAVINGS CRISIS

High inflation and easy credit lead to financial instability due to overspending and rising debt

China urges halt on investments in EU

China has told its automakers to halt big investment in European countries that support extra tariffs on Chinese-built electric vehicles, two people briefed about the matter said, a move likely to further divide Europe.

P&G Hygiene profit rises, revenue falls

Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a marginal 0.57% rise in profit after tax at ₹211.90 crore for the first quarter ended September 2024.

Over 6 lakh EVs sold under PM E-Drive

More than 600,000 electric two- and three-wheeler vehicles under the Centre's flagship EV subsidy scheme PM E-Drive have been sold so far in the current financial year, data from the ministry of heavy industries released on Wednesday showed, as India targets 30% of new vehicle sales to be electric by 2030.

Police summon Aviva India CEO

Indian police have summoned Asit Rath, the chief executive officer (CEO) of British insurer Aviva in the country, as part of an inquiry into a former employee's accusations of religious discrimination at work, documents seen by Reuters showed.

Apple launches M4 line of custom chips

Apple on Wednesday announced its new generation of M4 custom processor line-up.

Tata Power misses Q2 profit estimates

Tata Power missed second-quarter profit expectations on Wednesday as lower temperatures during the monsoon season eased demand for electricity.

Aditya Birla Capital Q2 profit rises 42%

Aditya Birla Capital on Wednesday reported a 42% increase in consolidated net profit to ₹1,001 crore in the second quarter ended September 2024.

Tuberculosis cases hit record high

A record 8.2 million new tuberculosis cases were diagnosed worldwide last year, the World Health Organization (WHO) said—the highest number since it began global TB monitoring in 1995.

Air India to cancel 60 India, US flights

Non-availability of aircraft due to maintenance issues has forced Tata Group-owned Air India to cancel some 60 flights on the India-US routes between November and December this year, according to people in the know of the matter.

Gautam Adani vies for projects in Bhutan's 'Mindfulness City'

Billionaire Gautam Adani is among those in discussions for infrastructure projects in Bhutan's new 'Gelephu Mindfulness City,' as the tiny Himalayan kingdom seeks investment to build a mega township along its southern border with India.

India, China disengagement in Depsang, Demchok complete

Both sides conducting joint verification of the troop and equipment pullback

Israel eyes deal to end Hezbollah conflict in Lebanon

Israel is considering a deal to end the conflict with Hezbollah in Lebanon that would see the militant group's fighters move away from the Israeli border, after assessing its rocket arsenal has been mostly expended or destroyed.

How the Houthis went from ragtag rebels of Yemen to global threat

The Gaza war has allowed the Iran-backed Yemeni militants to broaden alliances with Iraqi militias, African jihadists and Russia

With dreams of a lunar outpost, China takes new risks in space race with U.S.

As a graduate student in Switzerland in the 1980s, Chinese aerospace scientist Ye Peijian paid a visit to the World Intellectual Property Organization, where a moon rock from the Apollo program was on display as a symbol of U.S. power in space.

Starbucks tells workers to return to the office or risk getting fired

Starbucks is stepping up efforts to enforce its return-to-office mandate with a warning: Comply with the policy or risk termination.

Elon Musk's xAI in talks to raise funding valuing it at $40 billion

New fundraising effort would substantially increase startup's valuation from spring

Mixed festive season as buyers seek discounts, cut spending

Shoppers also spent less money per transaction compared to the previous festive season

Space World group to raise funds for new fibre ventures

Space World group is evaluating various routes to raise funds to channel into new ventures Constl and Ranext that will offer fibre connectivity between data centres and in-building plug-and-play fibre network for internet services providers.

Filmmakers look to de-risk projects, sign OTT deals as box office bombs

According to media reports, actor Aamir Khan has decided to sell his films to OTTs only after theatrical release

Legal influencers' rise sparks fears of misleading advice

Influencers contend their goal is to increase awareness about legal rights in simpler terms

TCI orders cargo ships from China

TCI plans to use the ships to carry cargo along ports spanning the east and west coasts of India

Toyota to get Suzuki's first-ever EV as partnership expands

Japanese automaker Suzuki Motor's Indian unit will supply its first-ever electric vehicle to Toyota Motor, the two companies said in a statement on Wednesday, in a move that marks their first collaboration on green vehicles.

L&T Q2 revenue grows 21%, new orders dip on high base

The infrastructure major eyes domestic recovery in H2, even as its overseas projects thrive

India's tech tango: Ambition, opportunities and challenges

India's growing prominence on the global tech stage is attracting industry heavyweights, though not without challenges.

Dabur adds to hair care folio with Sesa buy

Dabur India Ltd will acquire a 51% stake in hair care company Sesa Care Pvt. Ltd for an enterprise value of ₹315-325 crore.

Big user base lifts Meesho's FY24 revenue; losses shrink

Firm attributed gains to improved efficiencies, leveraging generative AI & machine learning