Business Standard - March 15, 2025

Business Standard - March 15, 2025

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March 15, 2025
Firms pull back on investor meets as sentiment sours
The number of investor meets conducted by companies has declined from its peak amid weaker earnings and bearish sentiment.
2 mins
PV sales may hit speed bump in FY25
Passenger vehicle (PV) sales are expected to end the 2024-25 fiscal year on a flat note, with wholesale figures reaching 3.82 million units by February.

3 mins
Tata Projects gets board nod to raise ₹2,500 cr
Tata Projects gets board nod to raise ₹2,500 cr

1 min
Mkt volatility fails to draw 'smart money' to equity MFs in Feb
Investors in wait and watch mode amid global uncertainties

2 mins
India, Bangladesh Hold Naval Drills Despite Strained Ties
Even though diplomatic ties between New Delhi and Dhaka have been strained since Sheikh Hasina's removal in August last year, completion of India-Bangladesh naval exercise Bongosagar 2025 and Coordinated Patrol in the Bay of Bengal this week suggest that military cooperation between the two neighbours remains unaffected.

2 mins
Connected TV drives streaming growth
Who's Streaming Video?

1 min
Skoda Plans To Make Electric Cars In India
Skoda Auto plans to manufacture electric cars in India and will invest in the country by itself if its search for a local partner fails, the Czech carmaker's CEO said, as its parent Volkswagen Group fights a $1.4 billion tax demand case.
1 min
Foxconn chief-Rajaa drive, which went viral, may bring 'good news' to TN soon
Young Liu discussed critical minerals and storage plans during the 45-min drive with the minister

2 mins
Metal Firms May See Choppy Prices Amid Global Uncertainties
A string of geopolitical events have sent the global commodity market into a tizzy, with uncertainties looming over demand-supply and price forecasts.

2 mins
IIT-B Startup Plans to Take Genome Testing to EU, US
HaystackAnalytics to invest up to $50 million in five years to fortify biz

3 mins
Steelbird eyes 3-fold growth by 2030
Himachal Pradesh-based Steelbird Helmets is investing over ₹350 crore to more than double its production capacities by 2032 to meet demand.

1 min
Investor Meets Increased on Post-Covid Market Boom
The number of such meetings had risen in the period after Covid-19 when earnings were on a strong footing and markets were booming.
2 mins
Godrej Interio looks to ride ecom wave
Godrej Interio, the furniture brand under Godrej Enterprises Group, seeks to leverage the growth of electronic commerce (ecommerce) in India to improve customer experience, expand reach, and bolster sales, a top company executive said.
2 mins
Now, Herbalife vs Modiway in weight-loss market
Los Angeles-headquartered Herbalife, which is India's largest direct-selling company powered by its weight-loss and management products, with revenues touching $800 million in 2023, could face a challenge from a home-grown player.

1 min
Wipro Set to Rejig Global Business Lines From April 1
Move aimed at 'sharpening focus' on client needs

2 mins
Brics Eyeing National Currencies for Trade to Counter US Threat
Brazil will host the 30th Conference of Parties (COP30) later this year under the shadow of the United States (US) exiting the forum. At the same time, the world is coming to terms with the tariff threats of the US and a renewed push for fossil fuels. Amid these concerns, Brazil is optimistic about participation by economic actors, civil society, and businesses in the US to fight climate change, says Kenneth Da Nóbrega, Brazilian ambassador to India and Bhutan, in an interview to Puja Das in New Delhi. He says Brazil, Russia, India, China, and South Africa (Brics) have been discussing possible mechanisms of exchange in national currencies to foster trade and financial flows among the group members to tackle the tariff tussle unleashed by the US. Edited excerpts:
4 mins
Our approach to be guided by 'India First': Goyal on meet with USTR
Discussions held on reciprocal tariffs, BTA
1 min
Single tax-return system for search cases may be back
Single return may cover six years plus part-year when investigation is done

1 min
MSME bodies urge RBI to tweak norms for ecom exports
Micro, small and medium enterprises (MSME) industry bodies have requested the Reserve Bank of India (RBI) for certain changes in the regulations for ecommerce exports.

2 mins
Sa-dhan seeks new refinance body for MFIs
Suggests converting MUDRA Bank, set up under the PMMY, into a refinancing body for standalone MFIs
2 mins
Tourism to get further boost
The Rajasthan government has drawn up a plan to boost tourism in the state, a department official said.
1 min
Tata Sons to Use TCS Dividend to Fund Tata Projects
Tata Sons will invest in Tata Projects from the dividend it is set to receive from Tata Consultancy Services (TCS), India's largest software exporter, in the first nine months of FY25.
1 min
10 states have over 25% vacancies in police force
Union Home Minister Amit Shah attended the 56th Raising Day Parade of the Central Industrial Security Force (CISF) in Tamil Nadu last week to announce the recruitment of over 100,000 youth in the Central Armed Police Forces (CAPF).

1 min
Auto OEMs Forecast Slower Sales Growth for FY26
At a recent internal meeting, Siam members reached a consensus that PV sales would grow by just 0.07 percent in FY25, with only a marginal increase of 1-2 percent in FY26.

1 min
Tactical lumpsum inflows from HNIs, retail investors intact
Sandeep Bagla, chief executive officer (CEO) of TRUST MF, expects inflows to rebound in the coming months.
1 min
Lenders go digital for micro loan recovery
Going Online

1 min
NaBFID taps WB, ADB for infra projects
In talks with agencies on counter-guarantees for credit enhancement to infrastructure projects

2 mins
6 Sites Added to Tentative UNESCO World Heritage List
A set of six properties—including some considered serially, such as Ashokan Edict Sites and Chausath Yogini Temples spread across multiple states—have been added to India's tentative list by the UNESCO's World Heritage Centre.
1 min
House panel flags underuse of health infra mission funds
Asks Centre for more assistance to states, ensuring timely project completion
2 mins
DMK Govt Tables Budget, Targets 3% Fiscal Deficit
State govt will stick to its two-language policy

2 mins
China mulls 50% pay cuts for underperforming fund managers
China is considering slashing pay of fund managers who underperform their benchmarks as part of a broad overhaul of the nation's 33 trillion yuan ($4.6 trillion) mutual fund industry aimed at boosting long-term investments, according to people familiar with the matter.
2 mins
Tesla warns of retaliatory tariffs in wake of US policies
US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs.
1 min
China, Russia Call for Ending US Sanctions on Iran
Representatives of China, Russia and Iran on Friday called for an end to US sanctions on Iran over its rapidly advancing nuclear programme and a restart to multinational talks on the issue.
1 min
Ukraine truce deal: Putin talks of cautious optimism
Russian president sends message to Trump via special US envoy

2 mins
Gyanendra's struggle for relevance
Nepal's Democracy Day is observed every year on February 19, the day the 1950-51 revolution overthrew the rule of the Ranas and established Nepal's first democratically elected government.

3 mins
Tariffs Won't Help More Men Get Jobs
Say this about Donald Trump: Even when he has crazy ideas—and his tariff policy certainly seems crazy—he is often trying to address a legitimate concern. In the case of tariffs, they are part of the president's economic plan to provide men with better opportunities. It is a worthy goal, but tariffs will not help him reach it.

3 mins
The music never stopped
One worries a bit whenever aging punk rock stars perform. Wouldn't the passage of time have taken the edge off their teenage anthems, softened their kohl-lined scowls, and blunted their spiky hairstyles?
3 mins
Rethinking global governance
Our international institutions simply are not designed to address systemic issues indifferent to national borders

3 mins
Can DGHS discipline IPL on surrogates?
In a letter earlier this week to India Premier League (IPL) Chairman Arun Singh Dhumal, Director General of Health Services (DGHS) Atul Goel made many a telling point.

3 mins
'No redemptions in our small, midcap schemes'
Despite the current stock market correction, Rahul Agarwal, vice-president - Equities at Bandhan AMC, believes investors have shown maturity by largely sticking with equity investing as a long-term wealth creation strategy. In an email interview with Nikita Vashisht, Agarwal shares his insights into how he has navigated the current market scenario. Edited excerpts:
1 min
WHAT FUND MANAGERS BOUGHT AND SOLD DURING FEBRUARY SLUMP
The Indian equity market witnessed a significant downturn in February, with the benchmark Nifty 50 index dropping nearly 6 per cent to its lowest level in nine months.
1 min
Expanding product portfolio to drive growth for Zydus Lifesciences
The Zydus Lifesciences stock has underperformed the BSE Healthcare Index over the last month.
2 mins
IndusInd may face Sensex, Nifty ouster
Rise in foreign investments will lead to lender's inclusion in a global index, resulting in staggered passive inflows
2 mins
Gold Soars to Fresh High on Tariff Concerns
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and US rate cut bets supercharge its appeal as a safe store of value.
1 min
Market Indicator From 1900s Blares An Alarm For Stocks
A century-old indicator that has helped predict the direction of the US stock market is signaling more pain ahead for battered investors.

1 min
UNDER-CONSTRUCTION OR RTMI PROPERTY Check credibility of developer if investing in new project
Homebuyer demand is increasingly moving from ready-to-move-in (RTMI) properties to newly launched or under-construction (UC) projects.
2 mins
Global Stocks Surge as US Shutdown Risk Eases
Treasuries gave back some gains from previous session, when investors dashed to haven assets that lifted gold to a record high

2 mins
STOCKS THAT SAILED THROUGH MARKET STORM
While 93% of Nifty 200 stocks have declined since hitting record highs in Sept 2024, there were some that resisted the meltdown, with most of them emerging gainers. KRISHNA KANT & RAM PRASAD SAHU find out

1 min
Stocks That Sailed Through Market Storm
While 93% of Nifty 200 stocks have declined since hitting record highs in Sept 2024, there were some that resisted the meltdown, with most of them emerging gainers. Krishna Kant & Ram Prasad Sahu find out

1 min
Ecommerce: Love it or hate it?
Do consumers love e-commerce platforms, or do they approach them with suspicion? Is there a need to protect consumers from ecommerce players?

3 mins
Trump Makes Chinese Stocks (Somewhat) Great Again
Global investors lured by relatively low prices, AI bets, and prospect of more stimulus from Beijing

4 mins
It is much harder for serious writers to survive now
Irish author Paul Lynch, who won the 2023 Booker Prize for his novel Prophet Song, was in India recently to speak at the Kerala Literature Festival held in Kozhikode. The book, published by Oneworld, is set in a fictional dystopia where Ireland is taken over by a totalitarian regime that suspends the Constitution and sets up a secret police force to crack down on dissenters. In an interview with Chintan Girish Modi, he speaks of being a writer in this day and age, what the Booker means, and stillness. Edited excerpts:

4 mins
On a swing and a prayer
The sharp tap of the willow against a parched, sun-baked turf. The murmuring tension of a crowd thrumming with anticipation, holding its breath, waiting.

3 mins
Financial services adoption grows with more women participation
Around 40 per cent of women in India use Aadhaar Enabled Payment System (AePS) face authentication for withdrawing cash.

1 min
Business Standard Newspaper Description:
Utgiver: Business Standard Private Ltd
Kategori: Newspaper
Språk: English
Frekvens: Daily
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