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COP29: Pay up or face climate-led disaster for humanity, warns UN chief

Nearly 200 nations have gathered at the annual U.N. climate summit in Baku, focused this year on raising hundreds of billions of dollars to fund a global transition to cleaner energy sources and limit the climate damage caused by carbon emissions




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₹1,800 crore plan to connect Ahmedabad airport with metro services sent for Centre’s approval

A final proposal has been sent to the Union Ministry of Housing and Urban Affairs and a sanction is pending: GMRC official




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Urban gardening company Ugaoo raises ₹47 crores in Series A funding led by V3 Ventures

The company plans to use the funds to expand its regional presence across the top 10 Indian cities and open 80 retail stores by FY 2030




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COP 29: Gujarat Delegation led by Minister of Finance, Energy and Petrochemicals




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360 ONE Wealth launches Wealth Index

The 360 ONE Wealth Index, launched in collaboration with Crisil, reveals that ESG investing is gaining momentum




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India’s IT spending set to hit $160 billion by 2025, fuelled by software and GenAI investments

Alongside, software spending in India is projected to record the highest annual growth rate, increasing by 17 per cent% in 2025




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Subdued blenders demand hit tea prices in Coonoor auctions

The sales percentage in leaf was only 47 per cent out of the offered quantity of 25,83,350 kg, while in dust, it was 53 per cent out of the offered quantity of 6,14,625 kg




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Asset-light approach: EV start-ups turn to micro-factories to cut costs, enhance flexibility

Micro-factories are closer to the market, require less capital investment, and are faster to set up




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Zydus Lifesciences reports 13.7 per cent rise in Q2 net

The revenues rose 20 per cent to ₹5,237 crore for the period




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Retail inflation surges to 14-month high of 6.21% in October

Industrial growth based on the Index of Industrial Production improved to 3.1 per cent in September as against (-) 0.1 per cent in August




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Host nation Azerbaijan hits out at West in defence of oil and gas industry

Comments come on the second day of summit at which close to 200 nations are meeting to discuss how they can cut fossil fuel emissions




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India’s path to a $70-billion gaming industry: GDAI President

Sridhar Muppidi, President of the Game Developers Association of India discusses gaming industry landscape, its potential, and challenges




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GSK@100: Reinvention, resilience critical to journey, says MD

The company is listed in India for over six decades, has brands that are as old as the country




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Sensex, Nifty slump 1 pc amid unabated foreign fund outflows, weak global trends




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IBM unveils Gen-AI Innovation centre at Kochi Infopark 

The new centre can accommodate 5,000 workers




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New flights to Uzbekistan, Vietnam on cards as govt revises air service agreement

This move follows a revision in air services agreement between India and the two countries at an International Civil Aviation Organisation gathering in Malaysia last month




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JSW Defence, Shield AI in defence collaboration

This effort will enable large-scale production of V-BATs in India to serve the needs of the Indian Armed Forces and also function as a global production hub for Shield AI




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AI-Vistara merger: Air India’s international footprint to expand beyond 40 destinations

Accordingly, the merger will strengthen the airline’s presence on critical long-haul routes and open new destinations like Bali and Mauritius




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Healthy snacks growing at 1.2 times faster than traditional snacks: NielsenIQ

NielsenIQ said that 63% of surveyed consumers seek innovative and healthy snacking options, while 50% read ingredient labels to understand nutritional value




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Weekly Rupee view: Rupee take a hit as Trump’s victory boosts dollar

Support at 84.50 can limit the downside for now




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India to be among top 4 markets for Siemens globally in 3 years

Expects growth to be driven by the company’s infrastructure vertical




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Public sector banks’ net profit surged 26% in April-Sept period

Public sector banks in India see 26% growth in net profit, reflecting financial health and technological advancements



  • Money & Banking

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GlobalLogic to hire 1400 in 3 years

Opens delivery centre in Hyderabad




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Air quality during Diwali worse in North India compared to South India

Delhi’s average AQI rose from 295 (Oct 24-Oct 30) to 353 (Oct 31-Nov 6), Jaipur went from 196 to 243, and Patna jumped from 126 to 232




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Hyundai profits slip in Q2 & H1 on weak domestic demand, geopolitical tensions

Net profit skids 15.5 per cent to ₹1,375.5 crore in the September quarter; domestic sales drop 5.8% to 149,639 units in the quarter under review




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Cox & Kings to return to biz, five years after insolvency 

Cox & Kings, which was among the largest players in tours and meeting and incentive segment, suspended operations following a cash crunch in October 2019.




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Samara Capital scouts for ₹1,500-crore investment opportunity

The private equity company has closed three deals in the last few months




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Finance Commission Conclave to map effective devolution of fiscal powers to local bodies

Organised by Panchayati Raj Ministry, the Conclave attempts to bring together key stakeholders like the Central & State Finance Commission for the development of ‘grameen bharat’




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Hindustan Coca-Cola Beverages net profit soars in FY24, revenues up 10 per cent

As part of this strategy, it divested company-owned bottling operations to independent bottlers in Rajasthan, Bihar, parts of West Bengal and North East during FY24




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‘Slowdown in earnings growth pulling down markets’

Fundamentals of economy still remains strong: Mukherjea




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Swiggy’s IPO to deliver ₹9,000 crore in employee wealth for 5,000 employees

Nearly 5,000 current and former employees are set to benefit, with around 500 Swiggy employees to enter the ‘crore-pati’ club when the firm makes its stock market debut, according to sources




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Nykaa reports strong Q2 numbers on all-round demand

Its same-day and next-day deliveries are now available in over 110 cities, and the company is strengthening that quick delivery proposition




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CuraTeQ Biologics’ Hydrogen plant gets GMP certificate from EMA

The GMP inspection, conducted by EMA representatives from April 8-12, 2024, assessed mammalian and microbial drug substance manufacturing facility sections




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HCLTech appoints Arjun A Sethi as Chief Growth Officer for strategic segments

Sethi’s international experience spans the Americas, Middle East, and APAC across government and PE, and financial services




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Maize research body seeks funding to undertake research on managing aflatoxin in DDGS

IIMR says various technologies can be used to reduce the aflatoxin




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Jai Balaji Industries’ net profit down 24%, shares to split 1:5

The Board approved splitting of each equity share of face value of Rs 10 each into 5 equity shares of face value of Rs 2 each




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Shocker to economy: Costlier veggies drive Oct inflation to 14-month high

 Base effect to blame too; vegetable inflation to ease on kharif arrivals




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AT&C loss widens: Centre suggests States to calculate technical & commercial losses separately

The total outstanding debt of Discoms is currently around ₹6.84 lakh crore. Accumulated losses stand at ₹6.46 lakh crore.




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India among global top-10 for all 3 major IP rights

India ranked fourth globally in trademark filings, with a 6.1 per cent increase in 2023




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Eveready Industries consolidated profit jumps 16% for Q2FY25

The company’s revenue remained flat at Rs ₹362.61 crore for the quarter under review as against Rs ₹364.89 crore for the corresponding period last fiscal, according to a stock exchange filing




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FSSAI cautions quick commerce, e-commerce platforms on violations of expiry date regulations, misleading claims

Minimum shelf life regulations of at least 45 days must be enforced: FSSAI to platforms




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Constitutional clarity on property rights

The recent Supreme Court ruling, strengthening individual property rights and limiting arbitrary State acquisition, is progressive




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Merger regulation ushers in a regime of fairplay

It will promote ease of doing business, while at the same time safeguarding consumer welfare




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NFRA Board approves revamp proposals on 40 auditing standards

Also approves revised SA600 despite ICAI concerns; NFRA also okays revised auditing standard on ‘Joint Audits’




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Letters to the Editor dated November 12, 2024




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Editorial: Insider trading curbs on all material events is unnecessary

They will impose a significant compliance burden on companies




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We are the only brand in India, with zero stock at dealers: Mercedes-Benz India CEO

Mercedes-Benz India is targeting double-digit growth in India by the end of the year, says Santosh Iyer, CEO of the automobile giant




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Take recovery from ‘avoidance transactions’ seriously, IBBI tells creditors. 

Recovery for creditors could go up at least 10 per cent on such approach, says IBBI Chief Mital; Till Sep 2024, total clawback on avoidance transactions applications stood at ₹7,516 crore




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National Insurance Company’s Q2 net profit jumps 80%

The India’s oldest general insurance company said that health insurance continued to be the major premium earner comprising about 45 per cent of the total product portfolio



  • Money & Banking

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Stock to sell today: Apollo Tyres (₹471.40): SELL

Apollo Tyres share price can fall to ₹460