CATEGORIES

Akzo Nobel aims to sell R&D operations

Paints and coatings maker Akzo Nobel India Ltd on Monday said its board has approved exploring the sale of its powder coatings business and R&D operations to a separate indirect wholly-owned arm, Akzo Nobel NV, following a request by parent firm.

Brahmaputra Dam Will Not Impact Water Flows to India: China

China on Monday reiterated its plan to build the world's biggest dam over the river Brahmaputra in Tibet near the Indian border, saying the planned project has gone through rigorous scientific verification and will not have any negative impact on downstream countries—India and Bangladesh.

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.

PM Modi Meets Microsoft CEO

Prime Minister Narendra Modi on Monday expressed happiness at Microsoft's ambitious expansion and investment plans in India following his meeting with the company's chairman and chief executive officer Satya Nadella.

Canadian PM Justin Trudeau resigns

Canadian Prime Minister Justin Trudeau announced his resignation on Monday in the face of rising discontent over his leadership, and after the abrupt departure of his finance minister signaled growing turmoil within his government.

Mercedes Names New India CFO

German luxury carmaker Mercedes-Benz on Monday said Emrah Ozer has been appointed as its chief financial officer (CFO) for its Indian operations as part of an organisational change in its finance and controlling function effective since 1 January 2025.

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

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.

Centre raises alarm on adverse reaction of beta blocker drugs

This is important as doctors widely prescribe the beta blocker medication

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.

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.

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

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

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

Biden's order blocked $14.9 bn buyout of US Steel.

Wipro veteran quits for CEO role at smaller firm

Rajamani's departure marks yet another exit since Wipro appointed Pallia as the firm's CEO in April last year

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.

Kidfluencers on a Timeout as Rules Force Industry Rethink

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

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

India Inc on the alert as HMPV cases rise in Asia

Health ministry will increase testing for HMPV as precautionary measure

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.

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.

IT: Focus on commentary, not Q3

Low hopes Expectations from Q3FY25 earnings of IT companies are muted due to seasonal weakness.

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.

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