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We should expect 12 AI trends to stand out in 2025 and beyond
The first four predictions are about enhanced human-AI interaction and how our lives will change
WHY PHYSICAL BANK BRANCHES REMAIN CRUCIAL IN AN ERA DOMINATED BY DIGITAL
Trust, human engagement, and relationship management remain crucial for customers
Ola Electric set to expand network
Ola Electric on Thursday said it will expand its sales and service network to about 4,000 outlets on 25 December.
Tata denies reports on Starbucks exit
Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as \"baseless\".
Genesis to acquire stake in SpiceJet
SpiceJet on Thursday said aircraft lessor Genesis will acquire a stake worth $4 million in the airline as part of settling a more than $16 million dispute.
Bharti Airtel clears 2016 spectrum dues
Indian telecom carrier Bharti Airtel has made an early payment of ₹3,626 crore to the government, the company said on Thursday, settling all its liabilities for the spectrum acquired in 2016.
PE investment in Indian real estate up 32% in 2024: Knight Frank
Indian real estate attracted $4.15 billion of private equity (PE) investments this calendar year, up 32% annually, led by higher inflow in the housing segment, according to Knight Frank India.
Supply-chain issues ground 102 aircraft
The government on Thursday said 102 aircraft are on the ground due to supply-chain issues and that it has been encouraging development of the ecosystem for manufacturing of planes by public as well as private enterprises in the country.
EV market likely to touch ₹20 tn by '30
Union minister Nitin Gadkari on Thursday said the electric vehicle (EV) market potential is likely to touch ₹20 trillion and will create around 50 million jobs across the entire EV ecosystem by 2030.
Concord IPO day 1: Subscribed 59%
The initial share sale of Concord Enviro Systems Ltd, an environmental engineering solutions firm, received 59% subscription on the first day of bidding on Thursday.
Air India orders 34 trainer aircraft
Air India has placed an order for 34 trainer aircraft, including 31 single-engine planes, for its flying training organisation in Maharashtra that is expected to come up by the second half of 2025.
The last-ditch efforts to win over critics of the Nippon-U.S. steel deal
The takeover bid has run into opposition from politicians and union leaders as well as skepticism from investors
Private retailers' 'happy hours' irk state-run oil firm dealers
OMC dealers seek a price cut to protect share from discounts by Jio-BP, Nayara outlets
The next big Fed debate: Has the era of very low interest rates ended?
Fed officials are trying to figure out the just-right interest rate. Some think they may be close
Unable to criticize Putin, Russian oligarchs turn ire on central banker
Recent additional U.S. sanctions caused the ruble to plummet, while local companies are slashing expansion plans
Star dubs lift Hollywood films in India
Dubbing by Indian superstars like Shah Rukh Khan and Mahesh Babu can greatly lift the reach and box office potential of Hollywood animation films releasing in the local theatres.
Micromax, Phison set up JV for storage chips
MiPhi has started manufacturing from Micromax's Greater Noida facility
Delhi HC rejects tax plea against Western Union
The Delhi high court rejected a plea by the income tax department against American multinational Western Union Financial Services, citing provisions of the India-US double taxation avoidance agreement (DTAA).
Accenture clocks $1.2 billion Gen AI orders in Nov quarter
Overall spending environment hasn't changed, abundant skills available in India: Accenture
Fed decision to slow pace of rate cuts hits Indian stocks
The Fed's decision to slow the pace of rate cuts sent shockwaves through Indian markets on Thursday, with investors reacting to low volumes and significant foreign portfolio investor (FPI) selling. FPIs sold shares worth a provisional ₹4,224.92 crore, while domestic institutional investors purchased ₹3,943.24 crore worth of equities.
Bharat Dal, coming soon to an online grocer near you
The Bharat Dal scheme was introduced last year to offer pulses at cheaper prices when inflation soared
Pricing probe: CCI raids Pernod, AB InBev
An anonymous complaint alleged Telangana sellers formed \"cartel-like\" pacts to boycott all brands but AB InBev's
'Kia India doesn't rely on hybrid incentives'
Bets on agility amid regulatory shifts, plans two mass market EVs in 2025
SFB bid: Fino to bet on merchant loans
Fino Payments Bank plans to use its network of merchants as the first set of customers to lend to, while also using them as loan collection points, if the regulator approves its proposal to convert into a small finance bank.
RBI flags state sops even as taxes, spend quality improve
The average buoyancy of state tax revenue rose post-pandemic to 1.4 from the pre-pandemic average of 0.86
Ajmera bets on acquisitions, JVs to expand m-cap tenfold to $5 bn
Ajmera Realty and Infra India Ltd aims to expand its market capitalization (m-cap) by 10x to $5 billion through acquisitions and joint ventures (JVs), said Dhaval Ajmera, director at Ajmera Group.
Coromandel is betting on gains from backward integration
Despite a dull first half (H1 FY25), shareholders of Coromandel International are brimming with optimism. The fertilizer firm's stock hit a new 52-week high of ₹1,882 on Wednesday, taking its gains so far this year to 46%.
CGD stocks climb wall of worry
State-run city gas distribution (CGD) firms are bracing for a decline in earnings in the December quarter (Q3FY25).
I-bankers see more China IPOs in 2025
Investment bankers are pinning hopes on initial public offerings in Asia to grab a bigger slice of equity capital markets volumes in 2025, after such transactions fell to the smallest proportion in eight years as Chinese deals remained muted.
AI meets 3D hologram tech
Holographic devices combine 3D projections with AI, allowing users to interact through speech and gestures