CATEGORIES

Uttarakhand 1st state after Goa to implement UCC
Business Standard

Uttarakhand 1st state after Goa to implement UCC

CM Dhami first to register his marriage on UCC portal

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2 mins  |
January 28, 2025
Business Standard

UPI share in digital payments grew to 83% in 2024

The contribution of Unified Payments Interface (UPI) to the cumulative digital payments pie more than doubled in five years from 34 per cent in 2019 to 83 per cent in 2024, according to data from the Reserve Bank of India's (RBI) payment system report.

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1 min  |
January 28, 2025
Unlocking the Growth Potential for Indian Manufacturing: Technology takes centre stage at IMTEX 2025
Business Standard

Unlocking the Growth Potential for Indian Manufacturing: Technology takes centre stage at IMTEX 2025

The largest-ever IMTEX has 1,100 exhibitors from 23 countries across 90,000 square metres

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2 mins  |
January 28, 2025
Business Standard

FinMin Pushes PSBs To Boost Affordable Insurance Coverage

The Union finance ministry has asked public-sector banks (PSBs) to intensify expanding the coverage of government-backed affordable life insurance schemes under its financial-inclusion initiative, according to a senior government official.

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1 min  |
January 28, 2025
HCLSoftware makes India its 5th global pillar
Business Standard

HCLSoftware makes India its 5th global pillar

HCLSoftware, the software division of HCLTech, has designated India as its fifth key geography, underlining the country's growing significance in its global strategy.

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2 mins  |
January 28, 2025
MAKERS OF INDIA'S BAHI KHATA
Business Standard

MAKERS OF INDIA'S BAHI KHATA

MEET THE BUDGET ARCHITECTS

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4 mins  |
January 28, 2025
Sridhar Vembu steps down as Zoho CEO
Business Standard

Sridhar Vembu steps down as Zoho CEO

To focus on company's R&D initiatives as chief scientist

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1 min  |
January 28, 2025
West Asian Energy again?
Business Standard

West Asian Energy again?

A geostrategic transformation of West Asia is underway following Israel's military victories against the Iranian-led Axis of Resistance last year.

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4 mins  |
January 28, 2025
Applications Invited for Sebi Chief's Post
Business Standard

Applications Invited for Sebi Chief's Post

Last day for submission Feb 17; Buch extension also not ruled out

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2 mins  |
January 28, 2025
IOCL net plummets 76% as refining margins fall
Business Standard

IOCL net plummets 76% as refining margins fall

Suffering from lower refining margins, state-run Indian Oil Corporation Ltd (IOCL) ended the third quarter of financial year 2025 Q3FY25 with a net profit of ₹2,115.29 crore (attributable to the owners), 76 per cent low than the ₹9,029.56 crore net profit registered in Q3 FY24. On a sequential basis, however, the oil marketing company's net profit rose from the 170 crore loss recorded in the preceding quarter.

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1 min  |
January 28, 2025
Business Standard

Colombia to take in deported migrants after US' tariff threat

U.S President Donald Trump will hold off on imposing threatened tariffs and sanctions on Colombia after reaching a deal on the return of deported migrants, the White House said.

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1 min  |
January 28, 2025
Business Standard

Canara Bank profit rises 12% on higher income

Canara Bank on Monday reported 12.25 per cent increase in standalone net profit at 4,104 crore for December quarter 2024-25 driven mainly by higher income and lower non-performing assets.

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1 min  |
January 28, 2025
No change in strategy, focus
Business Standard

No change in strategy, focus

Adani Wilmar may change its name to AWL after Adani exits the joint venture. In the October-December quarter, the company's revenue was up 31 percent at ₹16,859 crore while its profit after tax stood at ₹411 crore. Angshu Mallick, managing director and chief executive officer, and Shrikant Kanhere, deputy chief executive officer and chief financial officer, spoke to Sharleen D'Souza in an exclusive interview. Edited excerpts:

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1 min  |
January 28, 2025
The Curious Case of Cuba and Kerala
Business Standard

The Curious Case of Cuba and Kerala

Most people think of Cuba as \"a tourist paradise known for three Ss (sun, sand, and salsa), three Rs (rum, rumba, and romance), and three Cs (cigars, classic cars, and communism).\"

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3 mins  |
January 28, 2025
Bears on prowl as mkts turn skittish
Business Standard

Bears on prowl as mkts turn skittish

Several individual stocks come under bear attack

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2 mins  |
January 28, 2025
Experiential travel a new avenue of strong growth: MMT CEO
Business Standard

Experiential travel a new avenue of strong growth: MMT CEO

Nasdaq-listed travel aggregator firm MakeMyTrip (MMT) has found experiential travel—including live events and pilgrimage tourism—has emerged as a new avenue for growth in the country.

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1 min  |
January 28, 2025
ICICI Bank Q3: A 'buy' signal amid market noise
Business Standard

ICICI Bank Q3: A 'buy' signal amid market noise

Steady credit growth, stable margin continue to impress brokerages

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2 mins  |
January 28, 2025
Business Standard

Protecting Consumers

Rules for ecommerce must be comprehensive and clear

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2 mins  |
January 28, 2025
Business Standard

EU extends Russia sanctions after Hungary lifts veto threat

The European Union agreed a 6-month extension Monday for a raft of sanctions aimed at depriving Russia of funds to finance its war against Ukraine after Hungary lifted its objections to the move.

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1 min  |
January 28, 2025
Business Standard

Bombay HC pushes for mediation in 'Lodha' brand case

The Bombay High Court (HC) on Monday asked billionaire real estate tycoons Abhishek Lodha and Abhinandan Lodha to seek mediation to resolve the dispute over the 'Lodha' trademark.

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1 min  |
January 28, 2025
Business Standard

Coal India net slips 17% due to lower sales

State-owned Coal India Ltd on Monday reported a 17.4 per cent decline in consolidated net profit at 8,491.22 crore in the quarter ended December 2024, mainly due to lower sales.

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1 min  |
January 28, 2025
Business Standard

Govt may pour billions into state-run firms

The government is pouring billions into ailing state-run firms after slowing ambitious divestment plans that were intended to reduce the role of the state in business, according to sources.

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1 min  |
January 28, 2025
Business Standard

Cibil flags risks of stress spreading to secured loans

The trend of rising defaults in consumption-led loans —credit cards, personal loans and consumer durables —in India may spread to secured credit, TransUnion Cibil warned on Monday.

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1 min  |
January 28, 2025
Investors lose ₹9.2 tn in broad-based selloff
Business Standard

Investors lose ₹9.2 tn in broad-based selloff

Jitters triggered by China's DeepSeek further dampen sentiment amid muted earnings season

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1 min  |
January 28, 2025
Aurea group to grow The Body Shop to ₹1,100 crore in India
Business Standard

Aurea group to grow The Body Shop to ₹1,100 crore in India

Beauty and skincare brand The Body Shop is ramping up its presence in India and aims to reach a revenue of ₹1,100 crore in the next three to five years, under the ownership of UK-based consortium Aurea group.

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1 min  |
January 28, 2025
Business Standard

Gains for NTPC depend on faster execution

NTPC reported Q3FY25 operating profit (standalone) in line with consensus but adjusted net profit was below consensus.

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3 mins  |
January 28, 2025
Tata Steel Net Profit Down 36% on Subdued Prices
Business Standard

Tata Steel Net Profit Down 36% on Subdued Prices

Total revenue on a consolidated basis stood at ₹53,648 cr in Q3, down 3.01%

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2 mins  |
January 28, 2025
Bol targets 35% share in MCLR-linked credit
Business Standard

Bol targets 35% share in MCLR-linked credit

Prudent growth forecast for FY26 at 12-13%

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2 mins  |
January 28, 2025
I believe in fundamentals of Religare's biz; my offer is beneficial for all shareholders'
Business Standard

I believe in fundamentals of Religare's biz; my offer is beneficial for all shareholders'

DIGVIJAY \"DANNY\" GAEKWAD, the US-based serial entrepreneur, has approached the Securities and Exchange Board of India (Sebi) seeking approval to make a counteroffer for Religare Enterprises at approximately ₹275 per share. His proposal aims to acquire a 55 percent stake in the company, whose shares closed at ₹248 apiece on the BSE on Monday.

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1 min  |
January 28, 2025
Port cargo sets sail with 3.2% rise in December
Business Standard

Port cargo sets sail with 3.2% rise in December

India's 12 major ports, owned by the central government, handled 72.2 million tonnes (mt) of cargo in December, registering a growth of 3.22 per cent—primarily due to a sizeable decline in iron ore cargo and rising container volumes.

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1 min  |
January 28, 2025