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Raj Thackeray-Amit Shah meet not surprising, says NCP (SP)

The fortunes of Thackeray's MNS have been dwindling and the meeting could salvage him and protect his party, the leader of the Sharad Pawar-led NCP faction further claimed. It is not astonishing that he met Union minister Amit Shah as there were enough indications of his closeness to the BJP, Crasto said.

The Economic Times 19 Mar 2024 3:49 pm

Popular Vehicles shares make a tepid debut, but analysts are bullish. Here's why

Despite a tepid debut, analysts are positive about the company's prospects in the medium- to long-term horizon, betting on the strong demand growth for the automobile industry.

The Economic Times 19 Mar 2024 3:33 pm

Citibank to launch digital payments product Spring in India in Q2

Currently available in about 24 countries, Spring by Citi processes business-to-business and direct-to-consumer payments, and integrates with payment methods across geographies.

Livemint 19 Mar 2024 3:30 pm

Falguni Nayar says Nykaa will actively defend its turf amid competition from conglomerates: Report

Nykaa to stay focused with offerings that are far beyond consumers expectations

Livemint 19 Mar 2024 3:29 pm

CLSA assigns 'underperform' rating to this Tata giant with Rs 1,288/share target

CLSA gave a target of Rs 1,288, which is only nine per cent upside from theTata Consumer Products stock'scurrent price. CLSA says that the upside in the stock is limited from expensive valuations. The Tata Consumer Products' stock is currently trading at 50X FY26CL EPS against the industry PE of 45X, says CLSA.

Zee Biz 19 Mar 2024 3:03 pm

Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings

The company also launched a programme to save costs of around 800 million euros ($869 million) over the next three years.

Zee Biz 19 Mar 2024 3:03 pm

Why MDF producers are not out of the woods yet

Influx of inferior quality MDF into India from Vietnam and Indonesia was the main worry for domestic players, and the implementation of the BIS norms will address this issue.

Livemint 19 Mar 2024 1:43 pm

Ajay Singh's consortium raises offer for Go First by 100-150 crore, says report

The consortium, which includes budget carrier SpiceJet's managing director Ajay Singh and Busy Bee Airways, increased the bid amount between 1 billion rupees ($12.06 million) and 1.5 billion rupees, one of the sources said.

Livemint 19 Mar 2024 1:26 pm

SpiceJet promoter Ajay Singh ups bid for bankrupt Go First after nudge from bankers

Go First, which filed for bankruptcy in May last year, received two financial bids as part of its bankruptcy process, the second being Sharjah-based Sky One Airways.

Business Today 19 Mar 2024 12:58 pm

Ujjivan SFB raises fixed deposit rates, offers up to 9% interest for senior citizens. Check latest FD rates here

Ujjivan Small Finance Bank has revised its fixed deposit interest rates, offering up to 8.50% for regular customers and NRO/NRE accounts for 15 months, and a lucrative 9% for senior citizens. The bank has also introduced additional benefits for Platina FD customers with deposits above 1 crore

Livemint 19 Mar 2024 12:47 pm

Pro-Khalistani-gangster nexus similar to Dawood-Chhota Rajan rivalry that led to '93 blasts, NIA probe finds

The two main gangs at loggerheads now are those of Lawrence Bishnoi and Kaushal Chaudhary, similar to the rivalries of underworld dons Dawood and the now jailed Chhota Rajan. The federal agency is investigating more than a dozen cases involving terrorist-gangster syndicates and PKEs and have arrested more than 45 suspects. ET joins the dots.

The Economic Times 19 Mar 2024 12:05 pm

Navjot Singh Sidhu is back as commentator for IPL 2024. Here are details

Navjot Singh Sidhu joins Star Sports for IPL commentary starting March 22. He will cover various venues including Jaipur, Ahmedabad, Bengaluru, Lucknow, Vizag, and Mumbai.

The Economic Times 19 Mar 2024 12:02 pm

Congress approaches Delhi HC against tax re-assessment proceedings

The Congress party has taken legal action against tax reassessment proceedings by authorities, filing a case in the Delhi High Court. The matter was presented before a bench led by Acting Chief Justice Manmohan, who agreed to hear it the following day.

The Economic Times 19 Mar 2024 11:54 am

Deloitte plans restructure to cut costs, will likely pare down to 4 business units from 5, says report

Deloitte plans to restructure by reducing business units to four amidst cost-cutting measures ahead of a market slowdown, with a focus on audit, strategy, technology, and tax. The Big Four accounting firms are also facing challenges as client demand decreases due to economic uncertainty.

Livemint 19 Mar 2024 11:42 am

Audi unveils new luxury electric SUV Q6 e-tron for global markets

Audis new luxury electric SUV comes with a range of 625 km

The Hindu Businessline 19 Mar 2024 11:33 am

SRF shares drop 2.26% as Sensex falls

A total of 3,043 shares changed hands on the counter till 11:31AM (IST)

The Economic Times 19 Mar 2024 11:32 am

Sports sponsors pour 15,000 cr in 2023, still cricket crazy

Notably, cricket dominated with 13,701 crore, growing 13% year-on-year, and accounting for 87% of the total spending.

Livemint 19 Mar 2024 11:30 am

Kishore Biyani makes surprise bid to settle Bansi Mall's debt, outbidding Runwal Group

Retail tycoon Kishore Biyani has made a surprising 476-crore offer to lenders led by Canara Bank, outbidding Runwal Group's approved bid of 475 crore for the debt-ridden Bansi Mall Management Co that owns Mumbai's SOBO Central Mall

Livemint 19 Mar 2024 10:39 am

Indian IT sector bracing for flat salary hikes around 8.4-9%, muted hiring in 2024

India's IT sector is bracing for flat salary hikes and muted hiring in 2024, with average appraisals projected at 8.4%-9%, a dip from the previous year, as companies adopt a cautious approach to compensation and recruitment strategies, says a report

Livemint 19 Mar 2024 10:16 am

IT raids at Meghana Foods eateries in Bengaluru, Karnataka

IT raids at Meghana Foods eateries in Bengaluru, Karnataka. More details are awaited.

Livemint 19 Mar 2024 9:42 am

Nvidia launches AI-powered playground for building the future of 6G

Nvidia launches cloud-based research platform for 6G research and testing

Livemint 19 Mar 2024 7:18 am

Elon Musk defends ketamine use, says it is beneficial for investors

The billionaire tech mogul, in an interview with former CNN anchor Don Lemon, also claimed that he has a doctor's prescription for the use of ketamine

Livemint 19 Mar 2024 7:15 am

Nvidia's new B200 'Blackwell' unleashes next-gen AI for humanoid dreams. All you need to know

Nvidia CEO Jensen Huang unveiled the company's latest AI chip, the B200 'Blackwell,' at the GTC 2024 conference, claiming it's 30 times faster than its predecessor. The chip aims to extend Nvidia's lead in the burgeoning AI industry, fueling cutting-edge applications for tech giants and enterprises.

Livemint 19 Mar 2024 7:11 am

Buzzing Stocks: TCS, Veritas, Tata Steel, Devyani International, LT Finance Holdings, Lemon Tree Hotels, Royal Sense and others in news

Stocks to watch: Check out the companies making headlines before the opening bell today, on March 19, 2024.

Money Control 19 Mar 2024 6:52 am

Reddits CEO Steve Huffman leaves young troll image behind in run-up to IPO

Co-founder and CEO of Reddit, Steve Huffman built the platform's first website himself in the programming language Lisp. He had started programming as a kid, and would later say that he spent his formative years as a young troll on the Internet.

Livemint 19 Mar 2024 6:31 am

A former Delhi top cop is named Religare director. Burmans say rules broken.

Asthana, an Indian Police Service officer from the 1984 batch of Gujarat cadre, had joined Religare in August as group head of corporate affairs and business advisor

Livemint 19 Mar 2024 6:00 am

Azure Power is navigating leadership churn; a stake sale may be next

The company has called a special meeting of shareholders on 20 March at its Gurugram office, according to a 9 February statement

Livemint 18 Mar 2024 10:19 pm

Tata Steel to cease operations of coke ovens at Port Talbot plant in UK

It will increase import of coke to offset the impact of the coke oven closures, Tata Steel said in a regulatory filing.

Zee Biz 18 Mar 2024 8:59 pm

Kumar Venkatasubramanian to take over as P&G India CEO, effective 1 May

He will succeed LV Vaidyanathan, who is leaving the company to pursue other interests after 28 years of service to P&G, the maker of Ariel, Tide, Whisper, Olay, and Gillette brands.

Livemint 18 Mar 2024 7:38 pm

Being paranoid, innovating constantly driving next versions of our biz: Zomato CEO Deepinder Goyal

Goyal - who is counted among India's growing tribe of celebrity founders - said the mantra for Zomato is how do we disrupt our own businesses and not become complacent.

Zee Biz 18 Mar 2024 7:35 pm

Dont follow, but take advantage of Mr Market's mistakes

The mid and small-cap stocks had a significant fall last week. Instead of speculating about what led to it and what triggered it, let us look at issues that will be more important from 1, 3, and 5 years from now.

The Economic Times 18 Mar 2024 7:28 pm

Third Wave Coffee names former head of KFC India Rajat Luthra as its new CEO

Co-founder and current CEO Sushant Goel will join the board once Luthra takes over as chief executive in early FY25.

Livemint 18 Mar 2024 7:06 pm

Swiggy launches 'Delivering Safely' charter for delivery partner safety: Accidental medical coverage, on-demand ambulance, other features of program

On-demand convenience platform Swiggy has launched a nationwide road safety charter 'Delivering Safely' to bolster its commitment towards the safety of its over 3 lakh delivery partners across 600+ cities in the country.

Zee Biz 18 Mar 2024 6:28 pm

TRAI issues new guidelines for mobile number portability, effective from July 1. Everything we know so far

Telecom Regulatory Authority of India announces changes to mobile number portability rules to reduce SIM swap fraud. New rules prevent porting to a new SIM card within 7 days of getting a new SIM due to theft or damage.

Livemint 18 Mar 2024 6:17 pm

Odisha eyes 10,000 crore investment in textiles

The state has so far approved 26 proposals, which are at stages of implementation, said Bhupendra Singh Poonia, MD, Industrial Promotion & Investment Corporation of Odisha

Livemint 18 Mar 2024 5:29 pm

P&G Health to expand its VMS portfolio, injectables production

The companys portfolio includes well-established brands like Livogen, Evion, Neurobion Polybion, and Seven Seas.

Livemint 18 Mar 2024 5:22 pm

Dabangg 4 coming soon? Arbaaz Khan confirms next franchise with Salman Khan, denies meeting Atlee

Actor-producer Arbaaz Khanwho directed Dabangg 2said he is eager to kickstart work on Dabangg 4 and Salman Khan is also keen to appear again in Chulbul Pandey avatar in the fourth instalment of the beloved franchise

Livemint 18 Mar 2024 4:18 pm

Russia remains India's top crude supplier, imports rise 14% in January

Moscow was the biggest crude supplier to India in 2023, accounting for more than 30% of its imports, and will likely remain so through early 2024

Livemint 18 Mar 2024 2:56 pm

Alibaba groceries arm Freshippo CEO Hou Yi to step down and retire

Alibaba groceries arm Freshippo CEO Hou Yi to step down and retire

Livemint 18 Mar 2024 2:53 pm

Gensol Engineering completes 160 MW ground-mounted solar project in Gujarat

Gensol Engineering said that the project will contribute significantly to the company's increasing solar EPC project portfolio.

Zee Biz 18 Mar 2024 2:29 pm

Young Millionaire: Narayana Murthy gifts 4-month-old grandson Infosys shares worth 240 crore

Ekagrah Rohan Murthy holds 15,00,000 shares or 0.04 percent stake in IT major Infosys, as per a filing with the BSE.

Livemint 18 Mar 2024 2:12 pm

Lok Sabha Polls: Kamal Nath's close aide Syed Zafar, various other MP Congress functionaries join BJP

Lok Sabha Elections 2024: Close associates of former Madhya Pradesh CM Kamal Nath and Congress members switched to BJP ahead of Lok Sabha elections. Former Congress spokesperson Syed Zafar joined BJP in Bhopal. Other Congress members and BSP state in-charge also joined BJP citing PM Modi's welfare schemes.

The Economic Times 18 Mar 2024 1:59 pm

Steve Jobs was a natural: Bill Gates says he will never achieve the genius of Apple founder

Apple founder Steve Jobs and Microsoft co-founder Bill Gates had a complex relationship spanning over 30 years, transitioning from allies to rivals. Despite differences, they both left a lasting impact on the world through their companies.

Livemint 18 Mar 2024 1:58 pm

Share price of Bharat Forge falls as Sensex gains 176.63 points

Promoters held 45.25 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 16.6 per cent and 19.84 per cent, respectively.

The Economic Times 18 Mar 2024 1:29 pm

At Indias second-largest engineering co, gaps emerge in electoral bond funding

Electoral bond disclosures by Megha Engineering and the Election Commissions data on anonymous political donations surface unexplained gaps in funding in an election year

Livemint 18 Mar 2024 1:21 pm

Kiran Mazumdar-Shaw clarifies Electoral Bond donations, denies Biocon's involvement: Purchased them as

Kiran Mazumdar-Shaw clarified that her firm Biocon did not donate to political parties using electoral bonds, but she personally purchased bonds to donate nominally to several parties, including JD(S), on the principle of funding campaigns with 'white money.'

Livemint 18 Mar 2024 12:28 pm

EMI bounce rate improves to a five-year low indicating no material signs of risk build-up

The current unsuccessful auto-debit requests, or bounce rate, is around 50% lower than the peak of 38.1% in June 2020 registered during the COVID-19 pandemic.

Livemint 18 Mar 2024 12:18 pm

RBI alerts banks on heightened cyber security threats, gives action plan to address vulnerabilities, says report

The warnings come after the RBI's recent Cyber Security and Information Technology Examination, which also provided action points for banks to address identified vulnerabilities.

Livemint 18 Mar 2024 11:44 am

Adani bonds and stocks plunge on news of US bribery probe

Adani Ports & Special Economic Zone Ltd's 2041 bond saw the biggest drop, plunging 2.4 cents to 79.1 cents, its steepest decline since August 2023.

Livemint 18 Mar 2024 11:31 am

EV Policy to intensify competition in Passenger Vehicle segment, auto component makers key beneficiaries, say analysts

New EV policy intensifies competition in the electric PV segment, attracting global OEMs like Tesla. Domestic auto component players stand to benefit from the policy's focus on localization and advanced technology investments.

Livemint 18 Mar 2024 11:24 am

Zomato share gains as UBS sees 22% upside

UBS, which retained the #39;buy#39; call on the stock said, food delivery volumes were up 29 percent in February from the year-ago period

Money Control 18 Mar 2024 10:50 am

Sensex, Nifty trade flat as investors cautious at higher levels

From the Sensex pack, Power Grid, Asian Paints, Maruti Suzuki, HUL, and Nestle India opened with cuts, while M&M, Tata Steel, NTPC, Tata Motors, and JSW Steel opened with gains.

The Economic Times 18 Mar 2024 9:28 am

Reddit's IPO oversubscribed as much as five times, $6.5 billion valuation within reach, says report

Sources told Reuters that the oversubscription does not guarantee a strong performance during the IPO debut on March 20, but does indicate that the company's targeted price range of $31-34 per share is within reach.

Livemint 18 Mar 2024 9:07 am

Flipkart valuation down by over 41,000 crore since 2022; here's reasons why from parent Walmart to PhonePe demerger

Flipkart attributed the decline in valuation to the demerger of fintech firm PhonePe into a separate company. Sources, however, peg the current valuation of Flipkart in the range of $38-40 billion, PTI reported.

Livemint 18 Mar 2024 8:31 am

Guyana signs LoC with India to purchase aircraft for its military

Guyana Defence Force enhances security capabilities with HAL (Dornier) 228 planes from India for maritime patrols and troop movement, supported by a $23.27 million loan. The collaboration aims to strengthen defence and ensure peace.

The Economic Times 18 Mar 2024 7:02 am

TCS' incentive to get candidates under 30 days

TCS wnats to hire its preferable candidates in a month and wants to reward its hiring vendors if they fulfil this criteria

Livemint 17 Mar 2024 10:23 pm

Shaitaan vs Fighter Box Office collections: Will Ajay Devgn's Horror-thriller surpass Hrithik Roshan's film?

Shaitaan, directed by Vikas Bahl, is on a rampage mode at the box office. Despite stiff competition, the Horror-thriller has maintained a steady performance at the box office. But will the movie be able to surpass the collection made by Hrithik Roshans film Fighter at the Box office?

Livemint 17 Mar 2024 9:06 pm

Adani Group to invest over 1.2 lakh crore across portfolio companies in FY25; 70% for renewable business

Adani Group's planned investments are 40% higher than the invested amount in the current fiscal year

Livemint 17 Mar 2024 8:00 pm

'Coal stocks to rise even in summers, inventory may hit 155mt by FY24-end'

The peak power demand in the next fiscal is expected touch 260 GW, a fresh record high, way above the 243 GW hit last year

Livemint 17 Mar 2024 7:08 pm

Flying tractors can make money. Heres the math

Drones for agriculture are being pushed from all frontspesticide companies, drone manufacturers and the government, who view them as a tool to create rural entrepreneurs. It is early days but farmers who have used drone services appear happy. The economics work for now.

Livemint 17 Mar 2024 6:48 pm

Debt-laden RINL looks at more land sale to secure working capital, reduce borrowings

The first phase of e-auction commenced with the auctioning of a of land parcel of around 6 acres (29,270 yards) have secured a price of close to 243 crore

The Hindu Businessline 17 Mar 2024 5:34 pm

Oister Global to invest 4,500 crore in PE/VC funds in next two years

The Gurugram-based firm invests in private market funds, with a focus on venture capital, venture debt, private equity, and private credit.

Livemint 17 Mar 2024 5:10 pm

Luxury members-only club Soho House to expand presence in India

The company's current membership costs about 1.6 lakh per annum for individuals if they want to enroll for just one house (say the one in Mumbai) and 3.1 lakh for all-house access.

Livemint 17 Mar 2024 4:25 pm

Flipkart ordered to pay 10,000 to Mumbai man for 'mental harassment' over cancellation of iPhone order

Flipkart has been ordered to pay 10,000 to a man for causing mental harassment to a man after intentionally cancelling his iPhone order to gain profit

Livemint 17 Mar 2024 3:41 pm

Mcap of 5 of top 10 firms tanks Rs 2.23 lakh crore; Reliance, LIC biggest laggards

Five of the top 10 valued firms faced a combined erosion of Rs2,23,660 crore from their market valuation last week, with Reliance Industries and Life Insurance Corporation of India taking the steepest hit amid an overall bearish trend in equities.

The Economic Times 17 Mar 2024 3:30 pm

Retail job applications up 8% in 2023, led by demand in Delhi and Mumbai: Report

The data, from recruitment firm WorkIndia, also reflected the rapid expansion by offline retailers over the past couple of years.

Livemint 17 Mar 2024 2:59 pm

Decathlon to accelerate investments in India on production, retail expansion: Global CEO By Kumar Rahul

Coppola said she is eally impressed with the evolution of the sports culture in India, especially among the middle class, which is gradually getting engaged in different kinds of sports, amid a rise in their income level with the growth of the economy.

Zee Biz 17 Mar 2024 2:57 pm

Mother Dairy to invest Rs 750 crore to set up 2 dairy, fruits & vegetables processing plants

The greenfield plant will have a processing capacity of 6 lakh litres of milk per day, which can be expanded up to 10 lakh litres a day.

Zee Biz 17 Mar 2024 1:27 pm

LS polls 2024: South Karnataka bracing up for fierce battle between Cong & BJP-JD(S) combine

The Vokkaliga heartland in Karnataka's old Mysuru region is set to test the BJP-JD(S) alliance in the upcoming Lok Sabha polls. The Congress aims to strengthen its gains from the last assembly elections, where it made inroads into JD(S) strongholds. In the 2019 polls, the Congress and JD(S) won one seat each in the old Mysuru region, while the BJP dominated the state with 25 seats. The BJP-JD(S) alliance hopes to counter the Congress's surge, banking on Vokkaliga votes and Modi's appeal. Coordination and vote transfer between the parties will be crucial for the alliance's success.

The Economic Times 17 Mar 2024 1:05 pm

Effective people's habits for success

Effective habits for success: prioritize tasks, maintain focus, set goals, cultivate resilience, seek feedback, and practice gratitude.

The Economic Times 17 Mar 2024 12:24 pm

Dr Lal PathLabs appoints Shankha Banerjee as CFO, KMP with effect from May 21

Dr Lal PathLabs appoints Shankha Banerjee as CFO, KMP with effect from May 21.

Livemint 17 Mar 2024 11:53 am

No one can hide: Elon Musk's SpaceX is building hundreds of spy satellites for US government

SpaceX is developing a network of spy satellites for a $1.8 billion contract with the NRO, enhancing US intelligence capabilities globally.

Livemint 17 Mar 2024 9:51 am

Sudha Murty talks about marriage, says '...no perfect life, no perfect couple'

Sudha Murty's insightful advice at the India Today Conclave 2024 focused on navigating imperfect partnerships and shared responsibilities. She emphasized accepting each other's strengths and weaknesses, resolving conflicts patiently, and men sharing household duties with working wives.

Livemint 17 Mar 2024 9:50 am

Protest call as Russian vote to confirm Putin wraps up

The three-day vote has already been marred by a surge in fatal Ukrainian bombardments and a series of incursions into Russian territory by pro-Ukrainian sabotage groups.

The Economic Times 17 Mar 2024 8:54 am

Elden Ring Meteorite Staff: Heres what you may want to know about where to find, how to acquire and more

The Meteorite Staff in Elden Ring is a potent weapon for magic-oriented players, offering high damage spells and safety in combat. Obtainable in Caelid or through a teleportation route, it enhances Gravity sorceries, making it a valuable asset for Tarnished seeking power.

The Economic Times 17 Mar 2024 2:06 am

Delhi's real-life treasure hunt! Instagram user's 'find the location, take the money' goes viral

In the Instagram posts, the anonymous user travels to a new location in Delhi every day and hides the note

Livemint 16 Mar 2024 10:16 pm

To boost consumption in rural markets, FMCG players need to offer the right value: BCGs Namit Puri

BCG Indias MD Namit Puri in an interview with businessline talks about challenges in rural areas, dichotomy in mass and premium market segments, and rise of quick commerce

The Hindu Businessline 16 Mar 2024 9:29 pm