CATEGORIES

Trump's win will not affect migration of skilled workers

VIJAY CHAUTHAIWALE, in charge of the Bharatiya Janata Party's (BJP's) foreign affairs department, has led the party's Indian diaspora outreach for over a decade. He tells Archis Mohan in a telephonic interview that he expects the Donald Trump administration to be more pragmatic in dealing with India's concerns on protectionism and visas for skilled Indian immigrants. Excerpts:

Gamble or gambit?

The BJP-led Mahayuti is cobbling up a non-Maratha rainbow caste combination, particularly of OBCs, in poll-bound Maharashtra. SHREYAS UBGADE explains the rationale for this strategy

REC looks to raise ₹5K cr more in FY25

State-owned REC Ltd is looking to raise an additional ₹5,000 crore this financial year (FY25) through deep discount zero-coupon bonds, according to sources familiar with the development.

New biz premium of life insurers rises 13% in Oct

Reaches ₹30,347 crore despite a significant drop in number of policies sold

NFRA likely to propose audit norms for LLPs

Guidelines expected after board meeting on November 25

Govt pulls up DoT, BSNL on slow asset monetisation

Telecom among worst-performing departments in terms of monetisation

Global trade may fragment further under Trump

The election of Donald Trump for a four-year term as President of the United States increases the uncertainties in the global geopolitical scene and trade prospects.

Purchase price of cane ethanol may be hiked

A formal Cabinet note could be moved in a few days after GoM nod

FSSAI calls up qcom companies

To meet firms like Instamart, Blinkit, Zepto tomorrow

We have a huge appetite for India talent

India is expected to be one of the top markets in terms of revenue in the next few years for United States-based data and analytics company Fair Isaac Corporation, better known as Fico, says WILL LANSING, chief executive officer (CEO). In a video interview with Peerzada Abrar, Lansing, who is based in California, says the firm is not only scaling up its operations in the country by hiring talent and building innovations but also providing technology to some of the largest banks. Edited excerpts:

Ashok Leyland targets Ebitda break-even for Switch Mobility in FY25

Commercial vehicle major Ashok Leyland expects the Indian business of its electric vehicle (EV) arm Switch Mobility (Switch) to reach break-even on an operating basis during the current financial year.

Tata Steel to file curative petition

MINING TAX LEVY

Indian-born founders lead the charge in US unicorns

Even as concerns rise globally over the tightening of immigration rules under US President-elect Donald Trump, a recent study reveals that nearly half of the founders of US startup unicorns were born outside the country, with India leading the way.

Aster DM-Quality Care merger talks in final lap

Blackstone may hold a majority stake; deal could be inked next week

Vedanta keeps cost guidance unchanged, pushes capex pedal

Anil Agarwal, chairman of Vedanta group, informed shareholders on Sunday that the group would be doubling capacities in its three main businesses - zinc, aluminium, and oil and gas - in the near future.

Retaliatory tariff on EU: India to firewall local biz

India is conducting a \"careful assessment\" to finalise products that may attract higher retaliatory import tariffs from the European Union (EU), said a person privy to the development.

Corporate earnings fall in Q2, a first in two yrs

Net sales growth weakest in a year, too; BFSI sector emerges an outlier

Govt plans to integrate Gati Shakti portal with e-Shram database

The government is planning to integrate the e-Shram portal database of over 300 million unorganised workers with the Gati Shakti portal to improve logistics planning and increase employment opportunities for the locals.

Volumes, margins lead to earnings upgrade for Page Industries

Page Industries reported sales growth of 11 percent in Q2FY25 and volume growth of 7 percent year-on-year (Y-o-Y).

With benchmarks becoming harder to beat, avoid very high-cost funds

The Securities and Exchange Board of India (Sebi) has, through a circular dated November 5, mandated that asset management companies must disclose expense ratios for direct and regular plans separately in their half-yearly statements.

Sensex, Nifty fall for 2nd day on FPI selling

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank, and State Bank of India.

NSE mulls launching new products to bolster commodities market

The National Stock Exchange (NSE) is seeking to expand its commodities segment by launching new products after examining the performance of energy, base metals, and bullion, an official of the domestic equity benchmark said on Friday.

Zinka Logistics sets price band for ₹1,115 cr IPO

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of ₹259-273 per share for its ₹1,115 crore initial share sale.

Swiggy IPO: QIBs do final-day heavylifting

Issue subscribed 3.6x as institutional investors swoop in on Day 3 to corner 90% bids

Adani Power cuts B'desh supply by more than 60%

Adani Power on Friday further reduced electricity supply to Bangladesh as the company seeks to recover more than $800 million in dues, according to data from Bangladesh's grid operator and two sources.

Beyond the syntax of national culture

This book is not just a masterly exploration of India's linguistic civilisation. More importantly, it serves as a timely warning against recent attempts at conducting the epistemic study of Indian languages through a narrow prism of singularity.

FORENSIC PROBE ALL SET TO BOOST CONVICTION RATE

With Bharatiya Nyaya Sanhita making such investigation mandatory in serious crime cases that attract seven years' imprisonment or above, more and more criminals are likely to be brought to justice in the next five years

'Ek hai toh safe hai': Modi in first rally for Maha polls

Prime Minister Narendra Modi on Friday flagged the Congress' \"caste politics\" and cautioned the nation against it, while also accusing the grand old party of \"playing a dangerous game of pitting one caste against another\" for political gains.

Why there is only one Bukhara

I first ate at the Bukhara way back in 1986. That too Sikandari Raan cooked by the legendary Chef Madan Lal Jaiswal.

Indian cricket's home truths

Virat Kohli, the modern-day batting virtuoso, has a star-studded resume – one that also includes being part of two of India's three lowest-ever scores in Test cricket. As the forlorn captain, he was in the thick of action when his team suffered its lowest-ever score – 36 all out against Australia in Adelaide four years ago.