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Derivatives volumes crash 37% in Dec as Sebi tightens trading norms

Thu, 12/26/2024 - 12:56
Stricter trading norms helps cool off speculative activity

RBL Bank divests entire 8.16% stake in DAM Capital before IPO listing

Thu, 12/26/2024 - 12:47
RBL Bank sold its stake in DAM Capital Advisors via an offer for sale, raising Rs 163.32 crore by selling 5.77 million shares at Rs 283 each

Banking frauds rise in H1FY25, amount involved jumps 8-time: RBI report

Thu, 12/26/2024 - 12:42
The report said the number of frauds during April-September stood at 18,461 involving Rs 21,367 crore compared to 14,480 cases involving Rs 2,623 crore in the comparative period of last FY

L&T eyes 20% growth in construction, mining machinery biz in FY26

Thu, 12/26/2024 - 12:34
L&T Construction & Mining Machinery -- a business vertical of Larsen & Toubro -- is almost 80 years old. It pioneered the introduction of hydraulic excavators and vibratory compactors in India

Economic growth seen at 6.5% in FY25, RBI policy pushed down demand: FinMin

Thu, 12/26/2024 - 12:01
In its monthly economic review, the Finance Ministry cited the RBI's monetary policy stance among the reasons for the slowdown in the first half of FY25

Banks' balance sheets stay robust, bad loans decline more: RBI report

Thu, 12/26/2024 - 11:41
The report said that net bad loans of banks fell to 0.57 per cent of total loans at September-end, from 0.62 per cent at end-March, driven by stronger loan-loss buffers

Budget 2025: Govt may cut income tax rates to lift consumption, says report

Thu, 12/26/2024 - 10:57
The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

Exporters seek Rs 750 cr to tap US potential amid tariff threats on China

Thu, 12/26/2024 - 10:47
The exporters also sought tax benefits on R&D, and infusing more equity to encourage large private sector shipping lines so that international trade happens through domestic shipping lines

Nothing Phone 3a models to get Qualcomm chips, telephoto camera: Report

Thu, 12/26/2024 - 10:39
Reportedly, both Nothing Phone 3a and Phone 3a Plus will be powered by the Qualcomm Snapdragon 7s Gen three chip and feature dedicated hardware for zooming at optical quality

Equity raised through IPOs will cross Rs 2 trillion in 2025: Report

Thu, 12/26/2024 - 08:55
Among the 76 main-board IPOs listed so far, 53 companies are trading at a premium to their offer prices, with 11 of them trading at a premium of over 100% from their offer prices.

SC orders Telangana, BHEL to submit documents in Rs 35k cr irrigation scam

Thu, 12/26/2024 - 08:40
The probe comes in response to a PIL case accusing official and contractors or corruption in the Palamuru-Rangareddy Lift Irrigation Scheme

Samsung to preview Galaxy S25 'Slim' at next Galaxy Unpacked event: Report

Thu, 12/26/2024 - 08:34
Samsung Galaxy S25, S25 Plus and S25 Ultra are expected to be made available by February 7, while the "Slim" model could be launched later in 2025

New Ray-Ban Meta glasses with integrated display coming next year: Report

Thu, 12/26/2024 - 07:32
Reportedly, new Ray-Ban Meta glasses will be able to display notifications and textual responses from Meta AI on a built-in screen

H-1B visa cap removal: What Krishnan's White House role means for Indians

Thu, 12/26/2024 - 07:09
Krishnan, known for his advocacy for merit-based immigration reform, is expected to play a vital role in shaping the future of technology in the U.S.

Pharmed Ltd chairman emeritus Krishan Kumar Aurora passes away at 88

Thu, 12/26/2024 - 06:38
Krishan Kumar Aurora, chairman emeritus of Pharmed Limited and BioPlus Group, passed away on December 23 at 88. He began his career in 1961 with Smith Kline & French, rising to VP for Southeast Asia

Vivo Y29 5G launches in India with military-grade durability: Price, specs

Thu, 12/26/2024 - 06:36
Priced at Rs 15,499 onwards, the Vivo Y29 5G smartphone is powered by the MediaTek Dimensity 6300 chip

Why SC barred ED probe of 'lottery king' Santiago Martin's laptop, device

Thu, 12/26/2024 - 06:17
The Enforcement Directorate is investigating money laundering charges against Santiago Martin, who made headlines for being the largest political donor through electoral bonds between 2014-19

EV funding in India drops 37% from 2022 to 2024 amid policy, sales slowdown

Thu, 12/26/2024 - 06:08
The PM-E drive, scheme launched in October, excludes subsidies for electric four-wheelers and hybrid vehicles, significantly impacting equipment manufacturers

AI, machine learning to help Indian pharma industry to pivot on innovation

Thu, 12/26/2024 - 06:06
The industry, which is expected to grow nearly two-fold to around $130 billion in size by 2030, is looking to take advantage of conducive policies, demographic and digital talent

Housing sales volume falls 4% in 2024 in 7 cities; value up 16%: Anarock

Thu, 12/26/2024 - 06:00
Average housing prices grew 21 per cent this year across the seven major cities on rising rates of land, labour and raw materials

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