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Business Headlines

Coal India posts 26% rise in profit on higher supplies

Coal behemoth CIL on Thursday reported a 26.2 per cent rise in consolidated net profit...

RBI says 97.76% of Rs 2000 currency notes returned

The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000...

Cognizant March quarter net down 5.8% to $546 mn

Nasdaq-listed IT services company Cognizant has reported a 5.8 per cent year-on-year...

Adani Enterprises Q4 net falls 37%

Adani Enterprises Ltd, the flagship incubator of billionaire Gautam Adani's...

Stock markets rebound as GST revenues hit record

From the Sensex basket, Power Grid, Asian Paints, Tata Motors, Tata Steel, NTPC, Sun...

Licious eyes IPO in 24 months, 500 stores in 5 years

The fresh meat and seafood delivery startup Licious plans to set up 500 stores...

Are MF Stress Tests Of Any Use?

These are usually found among small and midcaps. It is not easy to find such stocks,...

Adi-Nadir family's open offer for Astec

The Adi/Nadir Godrej family, along with other family members/trusts, has made an open...

Wage Pact: Will Bankers Make More Money?

Postings to places at an altitude above 1,000 metres but less than 1,500 metres,...

Manufacturing sector activity moderated in April

India's manufacturing sector activity moderated in April, but still recorded the second...

Like Suzuki, Kubota aims to make India its global hub

Japanese agri-equipment firm Kubota is taking cues from Suzuki Motor's strategy to...

India's spice exports at risk, needs urgent action

Countries that raised concerns about the quality of Indian spices have called for...

How Heat Wave Will Affect Your Kitchen

Apart from the human body, human food will bear direct repercussions. From staples such...

Godrej Split Handled With Dignity

'Business families like the Godrej group are increasingly realising that an amicable...

Godrej split: Who gets to keep what

Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce...

Maruti Suzuki, Hyundai, Tata Motors see muted growth

Passenger vehicle sales in India kicked off on a flat note in new fiscal 2024-25 with...

DGCA deregisters 54 planes of Go First

Aviation watchdog DGCA has deregistered all the 54 planes leased by Go First, days...

Vedanta plans to invest $20 bn in India in 4 years

The Vedanta Group is aiming to invest $20 billion across all its businesses in India...

Why DGCA Suspended Vistara Executive

This isn't the first instance of Vistara facing scrutiny from the regulator over...

Brokerages raise targets on RIL stock post Q4

Shares of Mukesh Ambani-owned Reliance Industries Limited (RIL) rose nearly 1 per cent...

GST collection breaches Rs 2 lakh cr-milestone

The country's gross GST collections hit a record high of Rs 2.10 lakh crore in April,...

Bengal's tea industry seeks a new flavour

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to...

'BJP Underperformance May Trigger...'

'This can eventually start the end of the current market frenzy, which has lasted for a...

Needed Quickly! Semiconductor Experts

Semiconductor makers need thousands of engineers and technicians, and though India has...

Kotak Mahindra Bank's joint MD KVS Manian steps down

Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian,...

India's core sectors' growth rose to 5.2% in Mar

The growth of eight key infrastructure sectors rose to 5.2 per cent year-on-year in...

Wipro CEO Srinivas Pallia's annual pay may be Rs 50 cr

Wipro's new CEO Srinivas Pallia will receive an annual remuneration of up to $6 million...

IOC net profit halves in Q4 on fuel price cut

Indian Oil Corporation (IOC) on Tuesday reported halving of its March quarter net...

Markets end lower on selling in banking, IT shares

From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata...

HDFC Bank Q4 performance and future outlook

HDFC Bank's January-March quarter result, which came in-line with expectations, failed...

Patanjali Foods gets show cause notice for GST dues

Patanjali Foods has been served a show cause notice by the GST intelligence department,...

India's oil import bill could swell to $101-$104 bn

India's net oil import bill could widen to $101-104 billion in current fiscal from...

Small, midcap remain MF investors' top choice in Mar

Even as net flows into smallcap funds in March turned negative, for the first time in...

Smallcaps Poised For Largest 5-Month Gain

Market players attribute the rally in small and midcaps to flows from retail investors...

India's gold demand up 8% in Q4 despite high price

India's gold demand rose 8 per cent annually to 136.6 tonne in the March quarter helped...

How China Is Wooing Elon Musk

'Companies like Tesla and others have been given a long rope in India.'

Why Indian Corporates Lag In Buybacks

Many promoters still consider the cash in the company as their money and are averse to...

UltraTech Cement Q4 net profit up 35% to Rs 2,258.6 cr

UltraTech Cement Ltd on Monday reported a 35.24 per cent increase in consolidated net...

Ola Cabs' Hemant Bakshi quits;10-15% staff to lose job

Ride-hailing company Ola Mobility CEO Hemant Bakshi has resigned from the company...

India Inc feels the heat of West Asia conflict

Closely watched by the world for any escalation, the Iran-Israel conflict is already...

Payments banks bat for new model

Payments banks are expecting to get the rights to offer small-ticket loans sometime...

Mcap of BSE-listed companies soar to all-time high

The market capitalisation of BSE-listed companies soared to an all-time high of Rs...

Sensex jumps 941 pts on bank stocks and global trends

Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the...

BSE to shell out more as regulatory charge to Sebi

The BSE faces a larger outgo after regulatory clarity on the fee to be paid to the...

Around 20 critical mineral blocks to be on sale

The government will put on sale around 20 critical mineral blocks in the fourth round...

CII asks startups to keep their valuations 'realistic'

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep...

No cancer-causing agents in our products: MDH

MDH Spices has denied allegations that its products have traces of cancer-causing agent...

Taiwan keen to help India become leader in chip space

Taiwan is keen to collaborate with India and help it become a leader in the...

'Markets Are Too Confident, Aggressive'

'The main worry is lots of new investors coming into the markets in order to make a...

Basmati rice exports rose 22% till February FY24

Exports of high-quality basmati rice from India grew by 22 per cent to $5.2 billion...

What is Elon Musk doing in Beijing?

On a surprise visit to Beijing amid speculation that he may unveil Tesla's autonomous...

Advent to infuse Rs 2,475 cr in Apollo Hospitals' arm

Apollo HealthCo Ltd (AHL), a subsidiary of Apollo Hospitals Enterprise (AHEL), on...

Factors that will drive the markets this week

Quarterly earnings from corporates, the US Fed interest rate decision and other global...

Drones allowed to spray pesticides for one more year

The government has extended the interim approval given to plant protection companies...

Big win for Go First lessors

The Delhi high court on Friday directed the civil aviation regulator to deregister...

Yes Bank Q4 profit doubles to Rs 452 crore

Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452...

'Aim to double individual first-year premiums'

'Currently, our individual first premium would be in the Rs 3,000-Rs 3,200 crore range....

'We will grow at about 20% over the next few years'

'Private General insurers are poised to grow at 17 per cent - 18 per cent over the next...

ICICI Bank reports 18.5% growth in Q4

ICICI Bank on Saturday said its March quarter consolidated net profit grew 18.5 per...

NDTV earning jumps 59%, digital traffic up 39%

News broadcaster NDTV Ltd on Friday reported a 59 per cent jump in March quarter...

HCL Tech Q4 net profit flat at Rs 3,986 cr

India's third largest IT company HCL Technologies on Friday reported a flat...

Maruti Suzuki Q4 net rises 48% to Rs 3,877.8 cr

The country's largest car maker Maruti Suzuki India on Friday reported a 47.8 per cent...

Swiggy gets one step closer to $1.25 bn IPO

Food delivery major Swiggy has received approval from its shareholders for a $1.25...

India's forex kitty drops $2.28 bn to $640.33 bn

India's forex reserves decreased $2.282 billion to $640.33 billion for the seven days...

Markets snap 5-day rally; Sensex tumbles over 600 pts

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a...

Kotak Bank's loan, deposit growth may be hit

Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the...

Above-normal monsoon may ease food prices: FinMin

With the prediction of an above normal monsoon in 2024, the government is expecting...

Deloitte pegs India's FY25 GDP growth at 6.6%

Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the...

Why good times are ahead for United Breweries

A cocktail of heatwave and upcoming cricketing events is expected to usher in the peak...

Tech Mahindra jumps over 12% in opening trade

IT services company's CEO outlined an ambitious three-year roadmap to accelerate...

Will AI Replace Call Centres?

This could fundamentally transform the industry that had been a major source of...

Key factors that boost ICICI Lombard General Insurance

ICICI Lombard General Insurance Company reported financial improvement and optimistic...

India-made chips may soon power iPhones

Micron Technology, a global leader in memory and storage, is considering supplying...

Long runway of growth for AMCs

Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in...

IndiGo, Air India plan to buy 170 wide-body planes

In little over a year, Air India and IndiGo have announced plans to purchase up to 170...

Investors' wealth up by Rs 11 lk cr in 5 days

The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs...

India granted over 1 lakh patents in FY24

India granted 1.03 lakh patents in financial year 2023-24, Controller General of...

Sensex revisits 74K; Nifty climbs 168 points

State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and...

'Our focus is on converting lands into projects'

'There has been a huge shift. Consumer needs and requirements have changed, and differ...

Prospects for domestic agrochem firms looks bright

https://www.rediff.com/business/report/quality-control-orders-what-does-this-mean-for-d...

What does quality control mean for domestic industry?

From toys, footwear and furniture to insulated flasks, smart meters, and air coolers -...

LTIMindtree misses revenue, profit estimates

IT services major LTIMindtree reported a net profit of Rs 1,100 crore for the fourth...

India Inc to tap pvt credit for new projects: PwC

Private credit is fast emerging as a major source of finance for projects in India as...

M&As pick up pace in Q1

The merger and acquisition (M&As) transactions have picked up pace in the March quarter...

Tesla's India factory plan may materialise in 2025

Tesla's plan to manufacture its affordable electric car priced at $25,000 in India and...

Oil-gas stocks: Brace for negative impact in Q1 FY25

Escalation of the conflict in West Asia between Israel and Iran has had a direct impact...

Airlines told to seat kids up to 12 yrs with parents

A child who is less than 12 years of age must be allotted a seat beside at least one...

'Aionos will bridge silos within hospitality using AI'

Industries such as aviation and hospitality have many silos within them and Aionos, the...

HUL Q4 profit dips 1.53% to Rs 2,561 cr

FMCG major Hindustan Unilever on Wednesday reported a 1.53 per cent decline in...

IT sector staring at 2nd straight year of muted growth

The Indian IT services sector is staring at a second consecutive year of muted revenue...

From new customers to cards, Kotak Bank under lens

Cracking down on repeated non-compliance of IT norms, the RBI on Wednesday barred Kotak...

Sensex, Nifty climb on firm trend in global markets

From the Sensex basket, JSW Steel, Tata Steel, Power Grid, Kotak Mahindra Bank,...

Zydus gets China nod for kidney disease drug

Ahmedabad-based Zydus Lifesciences said on Tuesday that a new drug application for its...

Reliance, JSW in fray for 10 Gwh ACC Battery PLI

The Ministry of Heavy Industries announced on Tuesday that it has received bids from...

Adani stocks now have prominent investor base

Amid intense scrutiny from short-sellers and regulators, Adani group stocks have seen a...

RBI holds back USD sales in Feb amid pressure on Rs

The Reserve Bank of India (RBI) abstained from selling any US dollars throughout...

Small finance bank model in the slow lane: Experts

The small finance bank model may still be testing the water some 10 years since its...

Zambia mine: Vedanta scouts for fundraise options

Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to...

The RBI Story: 90 Years And Going Strong

Of the eight RBI governors who have held office since the 1991 economic liberalisation,...

Pricing key for health insurance of older citizens

The insurance regulator's move to prod insurance companies to sell health products to...

Sensex pares early gains, ends up 90 points

From the Sensex basket, Bharti Airtel, Nestle, Maruti, Tata Motors, HCL Technologies,...

FSSAI launches probe into MDH and Everest products

The Food Safety and Standards Authority of India (FSSAI) has commissioned a quality...

Israel outweighs Iran in trade with India since 2019

Trade links with Israel have strengthened in the past few years, even as the value of...

Enough powder to ignite stocks, if...

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to...

New orders point to further gains for HAL

Hindustan Aeronautics (HAL) is one of the largest beneficiaries of the defence...

Investors In India Needs Red Carpet, Not...

'India needs many more job creators, both in manufacturing and services, to make it...

CBIC Goes Soft On GST Investigations

The principal commissioner has been made responsible for developing and approving any...

'LS election outcome can trigger market correction'

While the markets have factored in a number close to 350 for the BJP and almost 400 for...

RIL's Q4 net profit stays flat

Reliance Industries Ltd on Monday reported an almost flat March quarter net profit,...

Byju Raveendran raised debt to pay March salaries

Edtech firm Think and Learn, owner of Byju's brand, credited partial salaries of...

Vodafone Idea FPO subscribed 3.3 times, retail lags

Debt-saddled telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering...

Net direct tax collection surpasses RE in FY24

Direct tax collection, net of refunds, moderately exceeded the revised estimates (RE)...

Sensex climbs over 560 pts; Nifty tops 22,300-level

From the Sensex basket, Larsen & Toubro, Bajaj Finance, Axis Bank, State Bank of India,...

Outward FDI by Indian companies stabilises in FY24

The outward foreign direct investment (FDI) by Indian companies stabilised in 2023-24...

MPC refuses to drop its guard on inflation

Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to...

Minimum wage cap: EPFO mulls hike after 10 years

The Employees' Provident Fund Organisation (EPFO) is considering raising the monthly...

Iran-Israel Flare-Up Tests India's Oil Reserves

'Any escalation that may hit the oil production of Iran or affect the oil transit...

Mutual funds sought smallcap treasures in a sea of red

Mutual funds (MFs) scooped up smallcap shares across sectors such as healthcare,...

Gap in stock prices, earnings at highest level

As the Indian equity markets scale a new high, the gap between stock prices and the...

Why are gold prices rising? Chris Wood explains

Gold prices have been on an uptrend in the last few months, rising nearly 28 per cent...

'ITC aspires to double its business in five years'

'While every year presents new challenges, it also provides opportunities for better...

How the markets will fare this week

Worries related to the Iran-Israel conflict, quarterly earnings and foreign investors'...

What if Tehran blocks Strait of Hormuz...

Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through...

Tata Motors: Analysts still upgrading the stock

There is no impediment to normal operations as Tata Motors puts in place the demerger...

Age limits on health insurance policies removed

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age...

Why Elon Musk has postponed India visit

American tech billionaire Elon Musk on Saturday said his proposed visit to India has...

Air India to soon have new crew management system

Air India will soon have a new crew management system that will help strengthen...

India's forex reserves down after seven-week rise

India's foreign exchange reserves declined in the week that ended on April 12, after...

Tesla begins formal talks with govt

In its first official engagement with the Indian government, Elon Musk-led Tesla and...

Rana Kapoor to walk out of jail after four years

A special court here on Friday granted bail to Yes Bank co-founder Rana Kapoor in the...

Wipro Q4 net profit falls; new CEO flags uncertainty

IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its...

Sensex rallies 599 pts on buying in banking, auto shrs

From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel,...

Infosys' youngest millionaire set to earn Rs 4.2 cr

Ekagrah Rohan Murty, NR Narayana Murthy's five-month-old grandson who was gifted a...

Oil's slick grip threatens corporate margins, profits

Corporate margins and profits in India remain vulnerable to changes in crude oil prices...

India Inc's capex story gets a boost

Corporate India is starting to step up its capital expenditure plans amid government...

Are stock markets ready for a delay in rate cut?

A higher-than-expected consumer price inflation (CPI) print for March in the US has...

Vi FPO opens to slow start, 26% shares subscribed

Debt-saddled telecom operator Vodafone Idea Ltd's Rs 18,000 crore follow-on offering...

Infosys profit jumps 30% to Rs 7,969 crore in Q4

IT company Infosys on Thursday said its consolidated profit jumped 30 per cent to Rs...

Stock advice: BSE warns against deepfake videos

After the National Stock Exchange (NSE), rival bourse BSE on Thursday cautioned...

In FY25, NHAI to monetise 2,741 km roads

The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of...

Sensex tanks 455 points dragged by bank stocks

Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI...

New govt may kick off pesticide, seed reforms

With farm Acts out of the picture, the government may look at reforming the input side...

India's plans to import crude oil from Iran in limbo

The latest flashpoint in West Asia has derailed India's preliminary plans to resume...

Rajasthan enters fray to attract Tesla India plant

With US-based electric vehicle (EV) maker Tesla scouting for a suitable location for...

FPIs from Mauritius to face greater scrutiny

Foreign portfolio investors (FPIs) from Mauritius may face higher scrutiny after the...

Iron-ore price recovery is demand positive for NMDC

Its 11MFY24 production is around 40.2 mt. In FY25, it could hit 50 mt and it may reach...

Why Vistara's loss may not be IndiGo's gain

Shares of low-cost airline IndiGo hit record high on the bourses soon after reports of...

Why 4,500 Indian IT Leaders Moved On

With the rush of growth after the pandemic slowing down, many leaders are moving to...

Breaking the vault: Will MSCI grant HDFC Bank access?

HDFC Bank's latest shareholding data showed that the room for foreign investment has...

Some states saw higher inflation than national average

Many individual states experienced higher inflation than the all-India figures during...

Ajay Banga in TIME's 100 most influential people list

World Bank president Ajay Banga is among the Indians who have made it to the...

PE deal value in Indian realty down 30% from 2019-20

The aggregate value of private equity (PE) deals in Indian real estate has declined...

US electronics trade: India lags peers

India is far behind global competitors such as Vietnam, Taiwan, and Mexico in...

Vi garners Rs 5,400 cr from anchor investors

Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has...

Credit growth, quality assets may spur bank profits

With high credit growth and healthy asset quality, listed commercial banks are expected...

Raghuram Rajan on how India can create more jobs

India is not reaping the benefits of demographic dividends, former RBI governor...

Analysts bearish on Wipro after Delaporte's exit

Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive...

Smartphone makers pin hopes on new launches

For the smart phone industry, it has been a lacklustre quarter of CY2024, with sales...

How will Iran-Israel conflict impact India?

Top government officials in New Delhi have started discussions with stakeholders...

Heavy selling in IT stocks drags markets down

From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies,...

Nifty cos' profit growth seen at slowest in 5 qtrs

The brokerage earnings estimate for the January-March 2024 quarter (Q4FY24) for Nifty...

How Berger Paints plans to protect its market share

'Which is growing fast and where we are very strongly positioned.'

Rural demand fuels India's consumption story

Consumer goods firms and auto companies are witnessing an upturn in rural demand, which...

India's exports dip marginally in March; 3.11% in FY24

India's merchandise exports dipped marginally in March to $41.69 billion, and by 3.11...

Vi expects 5G rollout in 6-9 months after FPO

Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said...

Byju's India CEO Arjun Mohan quits

Arjun Mohan, CEO of India operations of Think and Learn, which owns Byju's brand, has...

Sensex, Nifty tanked over 1% on Middle East woes

From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC,...

Wholesale inflation inches up to 0.53% in March

Wholesale inflation in the country rose marginally to 0.53 per cent in March compared...

Modi promises 30 mn 'Lakhpati Didis', higher MSP

The Bharatiya Janata Party (BJP) on Sunday pledged to make 30 million 'Lakhpati Didis',...

Wooing Tesla: 4 States Pull Out All Stops

'Gujarat is the frontrunner at present.' 'However, Tamil Nadu's robust automobile...

TCS headcount declines for first time in 19 years

For the first time in 19 years, Tata Consultancy Services reported a fall in the net...

e-Shram may open door to govt benefits for workers

The Bharatiya Janata Party (BJP) led central government will use the unorganised...

FPIs jettison FMCG, auto shares in March voyage

Foreign portfolio investors (FPIs) were sellers of fast-moving consumer goods (FMCG),...

PSBs may be allowed to transfer unclaimed shrs to IEPF

The finance ministry is considering amending the Banking Companies (Acquisition and...

How will the markets fare this week

Geopolitical events, macroeconomic data and quarterly earnings of corporates would...

India moved fewer people to non-agri jobs than most

India has managed to move a smaller share of its working-age population away from...

'Will end year with a growth rate of over 30 per cent'

'In life insurance, it is about creating distribution capacity and solutions for...

Earnings of India's top cos growing faster than US'

Profits of India's top listed companies have been growing at a faster pace than those...

Forex kitty jumps $2.98 bn to new high of $648.562 bn

India's forex reserves jumped by $2.98 billion to a fresh peak of $648.56 billion for...

IIP grows to 4-month high of 5.7% in Feb

India's industrial production growth accelerated to a four-month high of 5.7 per cent...

Retail inflation eases to 5-month low of 4.85% in Mar

Retail inflation declined to a five-month low of 4.85 per cent in March mainly due to...

TCS Q4 net profit rises 9% to Rs 12,434 crore

Tata Consultancy Services (TCS) on Friday reported a 9 per cent growth in net profit at...

Markets tank 1%, Sensex ends down 793 points

From the Sensex basket, Sun Pharma, Maruti, Power Grid, Titan, JSW Steel, Tech...

Nearly one in two luxury cars sold in Q4 was a Merc

Nearly one in two luxury cars sold in India in the first three months of 2024 was a...

Domestic PV sales soar to record high of 42 lakh units

Passenger vehicle wholesales in India touched a record high of 42,18,746 units in the...

FMCG cos to face volume pressure in Q4

Fast-moving consumer goods (FMCG) companies anticipate sustained volume pressures in...

Avenue Supermarts regains Rs 3-trillion m-cap

Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year...

Two key factors that will support Coal India stock

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on...

Gold, Silver May Sparkle In FY24-25

Since the last nine years, gold investors have made money each year, while gains in...

Officials Prepare For Modi 3.0

Government departments have been tasked with identifying major goals, which will...

Cola, beverage, ice cream makers see surge in sales

With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms...

11 EV makers get EMPS nod

The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers,...

Smallcap MFs see 1st net outflows in 30 mths

Smallcap mutual funds recorded net outflows for the first time in 30 months in March as...

Worst is over, operations have stabilised: Vistara CEO

After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on...

No need to worry: Bandhan Bank's outgoing CMD to staff

Bandhan Bank's managing director (MD) and chief executive officer (CEO) Chandra Shekhar...

Banks shift bets from G-secs to state, corporate bonds

Banks are preferring instruments with higher premium over government securities for...

Summer pinch: Airfares on key routes rise up to 13%

Airfares on major domestic routes such as Kolkata-Bagdogra, Delhi-Bengaluru, and...

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve...

Two key drivers for defence stocks

Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083...

The Mesmerizing Watches Of Geneva

Glimpses from the Watches and Wonders exhibition in Geneva, Switzerland, which begain...

Fundraise via IPOs to hit Rs 1 trillion mark in FY25

Fundraising via the initial public offering (IPO) route by companies may touch Rs 1...

'Take Staggered Approach To Smallcaps'

'Exposure to small and midcap stocks exceeded desired levels in many portfolios,...

MFs own larger slice of small and midcap stocks

Retail investors now own a larger share of smallcap companies than they did a year ago,...

Sensex closes above 75,000 for the first time

From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India,...

Adani Power revives old ambitions on high power demand

Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new...

Why Railways' 2030 freight target may be unfulfilled

Indian Railways has managed to improve its freight volumes each year since the...

RBI's 90 Year Journey

Sir Osborne Smith was the first governor of the Reserve Bank, serving from April 1,...

IT firms may report muted Q4; eyes on FY25 guidance

With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower...

'VinFast has committed $500 mn to TN'

'Our objective is to reach a localisation rate of 50% in the span of five years.'

FY24: A Rewarding Year For IPO Investors

Eighty per cent, or 60 of the 75 companies that made their debut on the mainboard this...

Mobile wallet payments may hit Rs 532 trn in 2028

Mobile wallet adoption is surging in India and swiftly becoming a primary payment...

CEO compensation grew 40% in 4 years

It added that in the last four years, the number of CEOs earning more than Rs 20 crore...

Paytm Payments Bank MD and CEO Surinder Chawla quits

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has...

After breaching 75,000, Sensex settles 59 pts lower

From the Sensex basket, Titan, Reliance Industries, Asian Paints, Tech Mahindra,...

Ola Electric sees momentum continuing post record Mar

Led by Ola Electric, which registered an industry record of 53,186 vehicles in March,...

New private project announcements zoom ahead of polls

The private sector's new project announcements in the quarter ending March were among...

2 factors that are driving hotel stocks

The hospitality industry has seen plenty of interest since the catastrophic impact of...

Sensex can hit 77,000 Nifty 23,500 in FY25

Analysts remain bullish on the road ahead for the equity markets, but warn against...

Climate change is a challenge for monetary policy: RBI

Frequent weather shocks caused by climate change pose challenges for the monetary...

Wipro's leadership crisis gets more severe

The writing has been on the wall for some time. Exodus of senior leadership and growth...

What's Srini Pallia's job as Wipro CEO

Wipro has once again chosen to bet on an insider who has grown through the ranks to...

Sensex, Nifty hit fresh peaks on firm global cues

From the Sensex basket, Maruti, Mahindra & Mahindra, NTPC, JSW Steel, Larsen & Toubro,...

Sebi cracks down on finfluencer; to impound Rs 12 cr

Sebi has barred Ravindra Bharti Education Institute, co-founded by finfluencer and...

In a 1st, India's demat tally surges past 150 mn mark

The number of dematerialised (demat) accounts - required to hold shares and other...

In FDI, China's loss is not India's gain

Despite all the noise around India's chance to leverage the China-plus one strategy,...

Street Signs: DMart's stock surge, tepid GMP, IPO lull

Shares of Avenue Supermarts (DMart) have rallied 15 per cent in the past month, even as...

Mcap of BSE-listed cos hit Rs 400-lakh-cr milestone

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power...

Smallcap selloff sends trading turnover into tailspin

Equity trading volumes, both in the cash and derivatives segments, dropped in March...

25 Global Brands Coming To India!

'The Indian retail landscape is poised for a significant shift with the anticipated...

The RBI Way Of Firefighting

Why is the RBI harsh on Paytm Payments Bank?Why did it give Rana Kapoor of Yes Bank Ltd...

Vistara hits air pocket; to cut 25-30 flights daily

Facing disruptions due to non-availability of crew, Vistara on Sunday announced...

This Adani power plant is 5 times the size of Paris

Adani Green Energy Limited is developing 30 GW renewable energy plant on barren land at...

AMCs outline riders to exit small, midcap MFs

Small and midcap schemes may impose restrictions on redemptions, cap employee...

How the markets will fare this week

Global trends, macroeconomic data announcements and the start of the earnings season...

Wipro CEO Thierry Delaporte resigns

Indian IT major Wipro on Saturday announced the resignation of its CEO Thierry...

Two factors that are positive for Info Edge

Although the third quarter of financial year (2023-2024) FY24 (Q3FY24) was marginally...

'We'd like you to be part of our turnaround story'

'Despite the animosity shown by some of the investors in pursuing uncalled for legal...

India's forex kitty at all-time high of $645.58 bn

India's foreign exchange reserves increased $2.95 billion to $645.58 billion for the...

Bandhan Bank founder CEO C S Ghosh to retire in July

Private sector lender Bandhan Bank on Friday said its founder, managing director and...

Punit Goenka keen to prune Zee workforce by 15%

ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has...

Sensex gains marginally to scale new peak

Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T,...

Ahead of LS polls, taming food prices govt's priority

Ahead of the seven-phase Lok Sabha elections, keeping food prices under check has...

Air India pilot unions extend support to Vistara

Describing their situation akin to "bonded labour", two Air India pilot unions extended...

IPO-bound Oyo eyes Rs 100 cr PAT, 20% revenue growth

Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock...

RBI pegs inflation at 4.5% for FY25

The Reserve Bank on Friday retained inflation projection at 4.5 per cent for the...

Will EV Policy Lure Tesla?

If Tesla comes in, India's position as a manufacturing hub will rise many notches, as...

RBI retains 7% growth forecast for FY25

The Reserve Bank on Friday retained GDP growth forecast of 7 per cent for 2024-25...

'Markets started building on NDA's win'

'Rather than taking a very short-term view on the markets, equity investing should be...

RBI holds repo rate at 6.5% for 7th consecutive time

The Reserve Bank of India on Friday decided to keep policy rate unchanged for the...

Why Drug Prices Won't Increase This Year

The government has been stringent with pricing changes.Prices of 651 essential...

Flight schedule to normalise in 2-3 days: Vistara CEO

High pilot utilisation, combined with a portion of pilots taking sick leave at the end...

India's services sector hits 13-and-a-half-yr high

India's services sector witnessed one of the strongest growth rates in over...

Sensex, Nifty hit record highs as HDFC, TCS rise

Among the Sensex constituents, 20 stocks ended the session in green with HDFC Bank,...

Vistara cancellations lead to surge in spot airfares

The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have...

Big Four bet on employees with tech skill

The Big Four accounting firms have increased the hiring of people from technology...

FDI Declines From Pandemic Highs

Net inflows were $18.4 billion for the rolling 12-month period ended January 2024...

Ambani beats Adani to remain India's richest

Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be...

Profit-booking drags Sensex, Nifty down

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle...

Govt targets zero load shedding this summer

As India's electricity demand soars, the power ministry on Tuesday reviewed the power...

Rekha Jhunjhunwala's Wealth Grew By...

Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865...

NSE halves lot size for Nifty 50 derivatives contracts

The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for...

Strong outlook to support Cummins India stock

Genset manufacturer Cummins India has seen its share price rise by 45 per cent in the...

IPO mop-up rises 20% to Rs 62,000 cr in FY24

Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the...

Sponsor MF contributions near Rs 1 trn

Mutual fund bets in their own schemes are nearing the Rs 1 trillion mark.The total...

'Some Cooling-Off In Small Caps'

'More than investors, fund houses, and advisors have raised caution and limited flows...

Dog Ban Takes Toll On Business

Breeders and importers of exotic dogs worried; animal rights activists say the industry...

Why Hospital Stays Are Getting Shorter

'Every hospital now tracks length of stay closely.''More efficiency is brought into the...

Sensex down 111 pts on profit-taking

From the Sensex basket, Kotak Mahindra Bank, HCL Technologies, ICICI Bank, Infosys,...

PE investments plummet to 6-year low in FY24

Private equity (PE) investments in India have fallen to a 6-year low at $24.2 billion...

Growth slowdown, valuations near-term snags for DMart

Discount retailer DMart (Avenue Supermarts) hit its highest levels in a year and a half...

Hong Kong pips India, becomes fourth-largest market

Hong Kong has regained its spot as the world's fourth-largest market following a broad...

India's manufacturing sector hits 16-yr high in Mar

India's manufacturing sector growth climbed to a 16-year high in March on the back of...

India's Startup Scorecard

For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes...

Fundraising via SME IPOs touches new high in FY24

The initial public offerings (IPOs) by small and medium enterprises (SMEs) hit a new...

Rupee Rebound Expected in April-June

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in...

Despite dent in liquor taxes, Delhi maintains revenue

The new excise policy, introduced in Delhi in November 2021, made sweeping changes to...

Infosys gets Rs 341 crore tax demand for 2020-21

Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the...

Investors richer by Rs 10.58 lakh cr in three days

Investors' wealth soared by Rs 10.58 lakh crore in three days of the market rally,...

Govt collected Rs 20.14 lakh crore GST in FY24

GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic...

Stock markets begin new fiscal on bullish note

From the Sensex basket, JSW Steel, Tata Steel, UltraTech Cement, NTPC, Larsen & Toubro...

MNCs look towards India for a booster dose

In recent months, several pharma multinational corporations (MNCs) are increasingly...

Adani, 2 others keen to bag Rs 7K cr Tuticorin project

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is...

M&A activity in slow lane, deal value down 43%

Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per...

Maruti's growth mantra: Turbocharging product range

The stock of the country's largest passenger vehicle maker, Maruti Suzuki India (MSIL),...

Top 1% Indians Earn 23% Of Income

Wealth, which can broadly be a measure of assets held as opposed to income earned, is...

Bajaj Auto to pump Rs 3,000 crore into finance arm

Bajaj Auto, India's leading two-wheeler (2W) and three-wheeler (3W) maker, is scaling...

Fall 2024 May Not Be A Repeat Of 2018

'We expect the bull-market phase to still persist, but now led by large-caps which...