CATEGORIES

AI Express set to expand fleet size, add new routes

AIR INDIA EXPRESS, the budget-carrier arm of Air India, is embarking on a significant expansion by increasing its fleet size and introducing new routes, as passenger growth remains robust.

Don't need same level of capital we once did, says CEO

Don't need same level of capital we once did, says CEO

Ceat to acquire Michelin's Camso for around ₹2k cr

RPG GROUP FLAGSHIP firm Ceat has signed a definitive agreement to acquire two Sri Lanka-based tyre making plants and the brand Camso, all owned by world's largest tyre maker Michelin, for ₹1,905 crore (about $225 million).

Future workplace: A holy trinity of AI, analytics & cloud

AI/ML and cloud technology have emerged as the \"holy trinity\" of the future workplace, fundamentally altering traditional roles, according to Future of Work by Nasscom and Indeed India.

Tata Power looks to spend 2.5x more in next five years

TATA POWER IS looking to incur 2.5 times more capex over the next five years than the ₹50,000 crore it spent between 2021 and 2025.

Aakash to NCLAT: Don't want to go Byju's way, need funds

AAKASH EDUCATIONAL SERVICES on Friday defended its move to amend the articles of association (AoA), stating that it was required for the company's survival and future growth.

Flipkart Minutes cheapest, but weakest among rivals

Q-COMMERCE LANDSCAPE

Cars, SUVs to become costlier from January

NOTWITHSTANDING THE SLUGGISH demand trend currently plaguing the industry, automakers are looking to hike vehicle prices across categories from January 2025 to offset cost pressures.

Fx reserves jump to $658.091 bn

END CONSECUTIVE WEEKS OF FALL

Address legal challenges for setting up Central Negative Registry: Panel

TO ENHANCE THE prevention and detection of fraud in the banking sector, the Parliament's Standing Committee on Finance has strongly recommended the establishment of a Central Negative Registry by addressing legal aspects of sharing or using such information.

India outpaces China in clean tech investments

INDIA HAS OUTPACED China as a destination for clean technology funding in recent months, as efforts to boost domestic green manufacturing help attract investors.

Goyal: No change in India's stance to stay out of RCEP

DESPITE THE CALLS from some quarters including the Niti Aayog for a reconsideration of India's decision not to join the China-backed Regional Economic Partnership (RCEP), the government on Friday said it is firm on staying out of the 15-nation trade bloc.

Robust domestic output to keep coal imports stable in 2025

The rising domestic production of coal in 2025 is likely to keep the country's imports of the fuel stable at around 206 million tonnes, as per S&P Global Commodity Insights.

NHAI to assess contractors of highways

TO ENHANCE ACCOUNTABILITY and assess the quality of construction and maintenance of national highways, NHAI has introduced a comprehensive rating system for performance assessment of the concessionaires engaged in highway development and maintenance.

Economists warn against tighter fiscal consolidation

● Cut PIT rates to boost consumption

Monthly labour surveys from March 2025

THE STATISTICS MINISTRY is likely to release the first monthly unemployment surveys, for both rural and urban areas, by March-end, according to an official source.

Yoon loses ally ahead of impeachment vote

SOUTH KOREAN PRESIDENT Yoon Suk Yeol lost the support of a key ally, increasing the chances he'll be impeached over his attempt to impose martial law in a vote likely to take place Saturday.

Russian attacks kill 9, wound 20

RUSSIAN ATTACKS ON

Aviva set to buy Direct Line to create $21 billion British insurer

BRITISH INSURER AVIVA has agreed to buy smaller rival Direct Line in a sweetened 3.61 billion pound ($4.60 billion) cash-and-stock deal that will create the UK's largest home and motor insurer.

US hiring rebounds in Nov after storm, strikes

UNEMPLOYMENT RATE CLIMBED TO 4.2% AFTER HOLDING AT 4.1%

Trump names David Sacks as AI, crypto czar

DONALD TRUMP SAYS he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect's intent to boost two rapidly developing industries.

LG Electronics India files for IPO, may raise ₹15,000 crore

LG ELECTRONICS INDIA, the domestic arm of the South Korean electronics and consumer durables major LG Electronics Inc, on Friday filed the draft red herring prospectus (DRHP) for its initial public offering (IPO).

Das walks the talk

The pitch was rough with the clamour for a repo rate cut growing by the day, especially after the shocking 5.4% GDP growth in the second quarter of this financial year.

Q3 growth to make up for Q2 loss: FM

THE GROWTH SLOWDOWN in the second quarter of the current financial year was not systemic but the result of a lack of public investments during the first quarter, as the administration was busy with the general election, finance minister Nirmala Sitharaman said on Friday.

Ambani wedding among top YouTube trends in 2024

THE BIG FAT Indian wedding of Radhika-Anant Ambani, cricket lovers' festival IPL, gamer Ajju bhai -- whose amusing commentary entertained audiences -- and 'moye moye', a catchy melody by a Serbian artist that internet users widely used to take a funny take on adversities, grabbed spots in the chart of most-trending topics on YouTube in 2024.

Why the series matters for Rohit and Cummins beyond the results

FOR THE PAST few days, Rohit Sharma and his men have been walking to the stadium from their hotel across a bridge over the river Torrents.

TikTok ruling in focus for Meta, Alphabet and Oracle investors

●Adverse order may favor social media, search stocks

SC relaxes GRAP curbs as AQI improves

TAKING NOTE OF the improved air quality index (AQI) levels in Delhi, the Supreme Court Thursday allowed the Commission for Air Quality Management in National Capital Region and Adjoining Areas (CAQM) to relax the emergency measures in force in the city under Stage IV of the Graded Response Action Plan (GRAP) to Stage II.

Operational resilience: How banks can shift from survival to success

As a result of RBI's dedicated focus on financial risks, particularly credit risk, Indian banks' balance sheets have improved to the best in over a decade.

Domestic industry stares at prolonged copper shortage

WITH THE QUALITY control order (QCO) on refined copper effective from December 1 and Japanese suppliers who account for 80% of India's copper imports still awaiting certification, the downstream industry has warned the government of a looming supply crunch that could last for over three months.