business and finance

Piccadily Agro Industries announces ₹1,000 crore expansion; to set up new distilleries in India and Scotland

The expansions are expected to be completed over the next 24 months




business and finance

Own revenue sources of majority of the Municipal Corporations not adequate for meeting RevEx: RBI report

The revenue receipts of MCs, including own tax revenue, own non-tax revenue, and transfers, amounted to 0.6 per cent of GDP in 2023-24 (the same as in 2019-20). MCs are are the third tier of the government in large urban areas




business and finance

Hyundai bets on buoyant Bharat, plans measures to boost sales

Rural demand now comprises 21% of Hyundai’s total sales, up from 18.5% two years ago, said Tarun Garg




business and finance

Kalyan Jewellers posts ₹308 crore profit in H1

Revenue rises to ₹11,601 crore during H1




business and finance

IRFC looks beyond Railways for lending opportunities

To focus on other sectors for improved margins and growth, with zero NPAs




business and finance

Mid-market GCCs make up almost half of India’s GCC ecosystem

As of September 2024, there are over 800 mid-market GCCs in India collectively employing more than 2.2 lakh professionals




business and finance

India’s first Constitution Museum to have semi-humanoid guide robot

The interactive robot will provide visitors a guided tour of the museum




business and finance

Saatvik Green Energy enters solar pump biz with order from Maharashtra

Saatvik Green Energy partners with Maharashtra State Electricity Distribution Company to supply solar submersible pumps, supporting sustainable irrigation solutions.




business and finance

R K Swamy’s Q2 profit decline, announces new customer facility launch

Shekar Swamy, Group CEO, said that despite the dip in revenue, the company’s new business pipeline remains strong




business and finance

FinMin not keen on inclusion of BIT in free trade pacts: Sources

FTA investment chapters may be limited to investment promotion, facilitation




business and finance

Brigade Enterprises PAT up by 2% at ₹115 crore for Q2

The group reported a consolidated EBITDA of ₹358 crore, down by 2 percent




business and finance

Green Frontier Capital launches ₹1,500 cr fund for climate tech start-ups

The fund will focus on accelerating India’s low-carbon transition through investments in transformative climate technologies




business and finance

Prime Minister Internship Scheme: Youth registration deadline extended to November 15, says MCA

More than 5 lakh internship applications received so far from Youth 




business and finance

CAIT accuses quick commerce players of violating FDI norms and anti-competitive practices

The traders’ body also accused the quick commerce platforms of using “vertical agreements” to control supply, pricing, and distribution, causing significant harm to competition in the market




business and finance

3 Chinese solar firms under IT scanner for tax avoidance

IT department says the firms’ did not disclose the ‘permanent establishment’ status of their Indian subsidiaries




business and finance

Will markets hop on the AI bandwagon?

Machine learning and AI usage are already entrenched in capital markets. But adoption of advanced AI/GenAI tools will be slow




business and finance

Swiggy delivers 19% gain on listing day

Swiggy poises to create 70 new dollar millionaires, post listing, as employees stand to benefit




business and finance

AptarGroup expands manufacturing footprint in India

The facility will help the company meet the growing demands of the domestic pharmaceutical industry




business and finance

IndiGrid forms $300 mn energy platform with 2 funds

Each partner will contribute around $100 million; capital will enable EnerGrid to target projects worth approximately $1.2 billion over the next few years




business and finance

Prasar Bharati’s OTT to go live at IFFI 

Auction process for private FMs to be completed soon




business and finance

Is boosting revenue via higher property taxes viable?

In India, there are hordes of unauthorised residential units, and levying even a low tax on these may be politically challenging




business and finance

NALCO Q2 net surges 415 per cent to ₹1,062 crore

NALCO also announced an interim dividend of ₹4 per equity share amounting to ₹734.65 crore for FY25




business and finance

Letters to the Editor dated November 13, 2024




business and finance

Vodafone Idea Q2 net loss narrows 17% to ₹7,175.9 crore

Subscriber base declines by 14 million users in the quarter




business and finance

76% of income tax collected from those earning more than ₹50 lakh: Govt officials

Middle-class tax burden has eased in the past decade




business and finance

Editorial. October retail inflation print raises concerns

Supply chain efficiencies are a must to offset price increase due to rising input costs and the inevitable increases in support prices




business and finance

Bayer Cropscience Q2 net down 39% at ₹136.3 crore on higher expenses

Operational revenues for the quarter were up 7.42 per cent at ₹1737 crore over corresponding previous year’s ₹1617 crore




business and finance

Trade and investment are important pillars of India, Saudi Arabia partnership: Jaishankar

The two countries are strengthening collaboration in new areas including technology, energy, renewable energy, connectivity, health and education




business and finance

Nirmala denies step-motherly treatment in devolution of funds to States

States being given funds on time, and the total funds given under each head was far higher than what the states received earlier, she said




business and finance

Bulldozer demolition chilling sight, executive cannot replace judiciary: SC

Destroying family homes, leaving entire families homeless, amount to anarchy: Justice Gavai




business and finance

How are Indian investors shaping the real estate boom at Expo City Dubai?

Indian investors are among the top three buyers of residential and commercial real estate in Expo City, says Ahmed Al Khatib, Chief Development and Delivery Officer Expo City Dubai.




business and finance

Day Trading Guide for November 14, 2024: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI



  • Day trading guide

business and finance

Today’s Stock Recommendation: November 14, 2024

The stock that we have today is Marico.




business and finance

Stock to sell today: Marico (₹597.60)




business and finance

Flying taxi startup ePlane raises $14 million for eVTOL development, targets commercialisation by 2025

This strategic investment comes from a diverse range of backers, including Micelio Mobility and Naval Ravikant




business and finance

Macquarie sees bright prospects for India’s power utilities and lenders: Buy calls for PFC, REC, NTPC, PGCIL

With strong balance sheets, PFC, REC, NTPC, and PGCIL are well-prepared to increase capital expenditure




business and finance

Swiggy Share Price & IPO Listing Highlights: Swiggy shares surge 10% after listing at premium on NSE, BSE

Swiggy Stocks Today, Swiggy IPO Listing Highlights November 13, 2024: Swiggy IPO Listing Live Status




business and finance

NTPC Green Energy sets IPO price band at ₹102-108 per share

NTPC Green Energy boasts a portfolio comprising 16,896 MW, with 3,320 MW currently operational and the remainder under contract




business and finance

Markets open lower on global cues, inflation worries 

The BSE Sensex fell 189.68 points or 0.24 per cent to 78,485.50, while the NSE Nifty declined 98 points or 0.41 per cent to 23,785.45 in early trade




business and finance

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

Meanwhile, the dollar index was trading lower by 0.04 per cent at 105.98




business and finance

Swiggy shares jump 10% post-listing

Swiggy shares list at ₹420 on NSE, and at ₹412 on BSE.




business and finance

Sterlite Technologies secures ₹2,600 crore BharatNet project in Jammu and Kashmir 

Sterlite Technologies to implement an automation-led fibre deployment approach, utilising drone surveys, GIS mapping, and AI-led network design




business and finance

Nazara teams up with ONDC to launch in-game shopping platform 

gCommerce, the new in-game platform, aims to help game developers overcome low in-app purchase conversion rates by creating additional revenue streams through affiliate marketing




business and finance

Why the Indian stock market is falling: Analysis of recent trends

Indian stock markets have shown notable volatility over the past two days, with sharp declines unsettling investors and signalling potential shifts in market sentiment




business and finance

October auto sales: Overall PVs see uptick as SUVs and two-wheelers shine during festivities

In October 2024, both Dussehra and Diwali fell in the same month, traditionally boosting consumer demand and driving significant gains for the auto industry




business and finance

Ramco Systems maintains leadership position in APAC payroll solutions 

Ramco Systems’ recently launched Payce platform was noted for its technology-first approach and ability to minimise manual intervention in payroll processing




business and finance

Eight injured in fire at IndianOil’s Mathura refinery 

All injured individuals are reported to be in stable condition, according to the company statement




business and finance

Mid-day updates: Markets deepen losses as metals, auto stocks drag; Sensex down nearly 500 points 

The broader market reflected selling pressure, particularly in metal and automotive sectors, with Hindalco leading the decline at 3.67 per cent




business and finance

Tata Chemicals to invest £60 million in UK sodium bicarbonate plant, close Lostock unit 

The new facility will have an annual production capacity of 180,000 tons, tripling TCEL’s current pharmaceutical-grade sodium bicarbonate production capacity in the UK




business and finance

Ram Ratna Wires acquires 60% stake in fabrication specialist Tefabo

This marks Ram Ratna Wires’ entry into the fabrication components and assemblies’ sector, particularly targeting opportunities in renewable energy and railways