CATEGORIES

Pantomath's BVF invests ₹235 crore in Haldiram Bhujiawala

Kolkata-based Haldiram Bhujiawala has announced the closure of its private placement round, with Pantomath's Bharat Value Fund (BVF) investing ₹235 crore in the company for a minority stake (less than seven per cent).

Engineering firms expect pipeline to remain robust amid West Asia crisis

Despite the recent escalation of tensions in West Asia, engineering companies remain optimistic about order activity from the region.

Ola Electric Q2 revenue zooms 38%

Electric vehicle company Ola Electric said on Friday its revenue rose by 38.5 per cent to ₹1,240 crore for the September quarter (Q2FY25), up from ₹896 crore in the year-ago period, driven by higher sales.

Fortis revenue rises 12% on strong hospital biz

Healthcare major Fortis Healthcare on Friday reported a 5 per cent year-on-year (Y-o-Y) rise in consolidated net profit for the September quarter of financial year 2024-25 (Q2FY25) at ₹193 crore, up from ₹184 crore reported in the same period last year.

Vedanta swings into black in Sep quarter

Anil Agarwal-promoted Vedanta Ltd on Friday reported a consolidated net profit of ₹4,352 crore (attributable to the owners of the company) for the September quarter (Q2) against a loss of ₹1,783 crore in the year-ago period, helped by a one-time gain and improved performance.

LIC profit slips 4%, net premium income up 11%

MD & CEO reveals plans to buy stake in health insurer by FY25-end

TaMo Q2 earnings down 11% as EV, SCV go slow

Revenue dips 3.5% as demand, supply challenges persist

Satellite spectrum allocati0n:.]io, Airtel bat for restricted Validity of S-S years

Bharti Airtel and Reliance J io are pushing for a restricted validity on the assignment of spectrum for satellite broadband communications, proposing an initial period of three-five years before a government reassessment ofthe assignment terms and pricing methodology.

Swiggy, Zomato breached antitrust laws: CCI probe

An investigation by the country's antitrust body, the Competition Commission of India (CCI), found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

SBI's earnings shoot up 28%, beat estimates

Other income expands sharply but provisioning too

Higher volume, profitability gains for GAIL India

GAIL India's second quarter (Q2FY25) performance met expectations.

MULTI-ASSET ALLOCATION FUNDS: Ensure fund's equity exposure and strategy match your risk appetite

A recent analysis by Ventura Securities of 25 multi-asset allocation funds (MAAFs) reveals that many of these funds have outperformed a large number of equity schemes over 1-5-year timeframes.

Markets fall over 1% after two-day rally

IN THE RED Sensex intraday

Industry bodies urge FinMin to ease TDS rate structure

Proposal seeks to lessen compliance burden on taxpayers and avoid litigation

After SC rap, Centre doubles penalty for stubble burning

Burning issue

Proactively made all disclosures, recusals: Sebi WTM on Cong's charges

Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.

Market regulator may water down skin-in-game rules for MF executives

The Securities and Exchange Board of India (Sebi) has shown intent to relax the skin-in-the-game norms applicable to senior executives of the mutual fund (MF) industry.

MSCI adds 5 Indian stocks to key index

MSCI added five Indian companies to its Global Standard Index late on Wednesday, a move that brokerage Nuvama said would lift the country's weighting on the index to 20 per cent, further narrowing the gap with China.

Trump's triumph: Will bulls run amok and gold, silver sparkle?

Top brokerages highlight opportunities, risks, and contradictions the new administration may offer

REIMAGINING ROLE OF AGRICULTURE

In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics

Inside the world of mad billionaires

Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.

Funding education

Easy financial assistance is not enough

Policy approach

RBI is acting selectively and with care

Central banks have the last laugh

They've tamed record inflation without triggering a recession whether through tactical genius or sheer luck is anybody's guess

Reaching new heights of policy success

For over two decades, various government committees—spanning different political dispensations—recommended the corporatization of the 200-year-old Ordnance Factory Board (OFB) to modernize operations.

How Musk's clout with Trump may help his firms

Elon Musk's (pictured) backing of Donald Trump's decisive victory for a second presidency gives the billionaire entrepreneur extraordinary influence to help his companies secure favorable government treatment.

I concede this election but not the fight: Harris

US Vice-President Kamala Harris told supporters to accept her election loss at the hands of President-elect Donald Trump but urged them to keep fighting for the ideals she espoused in her campaign as she publicly conceded the 2024 presidential race.

'Trump's America': Resounding win signals a different kind of country

In her closing rally on the Ellipse last week, Kamala Harris scorned Donald Trump as an outlier who did not represent America. \"That is not who we are,\" she declared. In fact, it turns out, that may be exactly who we are. At least most of us.

Xi congratulates Trump, calls for stable ties

Chinese President Xi Jinping (pictured) on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the US to find the right way to manage the differences by strengthening dialogue and communication.

More checks, balances needed to curb fraud'

India's digital platforms and ecosystems need to be a step ahead of the fraudsters with more layers of protection and a strong focus on education, as the country grows leaps and bounds in digitization, said industry stalwarts at a session in Mumbai on Thursday.