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13.01 / 02:57
markets UPS Manufacturing Analysis Trade Experts band Indobell Insulation shares to debut today. Here's what GMP indicates
Indobell Insulation will debut on the exchanges on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 39 in the grey market. Considering the upper price band of Rs 46, the stock is expected to list at a premium of 85% over the issue price.
13.01 / 02:57
markets Target CEO security Analysis Trade Experts DMart shares in focus post Q3 results. Should you buy, sell or hold?
Avenue Supermarts, which operates the retail chain of Dmart, will remain in focus on Monday, January 13, after the company announced that its standalone Q3 revenue jumped 17.5% year-on-year (YoY) to Rs 15,565 crore while profit rose 6.5% YoY to Rs 785 crore. However, the retailer's EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5% on a YoY basis.
13.01 / 02:57
markets Citi Digital Platform Strategy ICE PAM Quick service restaurant Boba Bhai raises Rs 30 crore in round led by 8i Ventures
Boba Bhai, a quick service restaurant (QSR) brand specialising in bubble tea and other food items, has raised Rs 30 crore in a funding round led by early-stage venture capital firm 8i Ventures. The round also saw participation from Titan Capital Winners Fund, Global Growth Capital, DeVC (anchored by Z47) along with other existing investors. The funds will be used to expand its reach into new cities, enhance operations in current markets, diversify menu options, and look at new sub-brands.
13.01 / 02:57
markets Digital Strategy SpaceX Experts PAM blues Jeff Bezos sees no threat from Elon Musk-Donald Trump ties in space race
Jeff Bezos in an interview with Reuters on Sunday said he does not think SpaceX CEO Elon Musk will use his close ties with U.S. President-elect Donald Trump to undercut his space company Blue Origin, adding he feels «very optimistic» about the incoming administration's space agenda. «Elon has been very clear that he's doing this for the public interest and not for his personal gain. And I take him at face value,» said Bezos, founder of Blue Origin which rivals SpaceX in the space industry. Bezos is in Cape Canaveral, Florida for the debut launch of Blue Origin's New Glenn, a 30 story-tall rocket that is expected to chip away at SpaceX's market dominance and kick start Blue Origin's long-delayed entrance in the satellite launch business.
13.01 / 02:57
markets Citi Digital Strategy Experts PAM Mahakumbh 2025 FAQs: From shahi snan dates to accomodation details, here is all you need to know
The Maha Kumbh is one of the largest and most significant religious congregations in the world, held every 12 years at one of four locations in India. The Mahakumbh 2025, which is Poorna Kumbh is taking place in Prayagraj, Uttar Pradesh, from January 13 to February 26, 2025.
13.01 / 02:57
markets Digital Strategy President PAM Maha Kumbh: Controversy erupts over installation of Mulayam's statue in fair area
Samajwadi Party founder Mulayam Singh Yadav was installed at a camp in the Maha Kumbh Mela area here, with several seers objecting to it. The statue, around two--three feet tall, was inaugurated on Saturday at the camp in Sector 16 set up by the Mulayam Singh Yadav Smriti Seva Sansthan, Leader of Opposition in Uttar Pradesh Assembly Mata Prasad Pandey said on Sunday. The move drew criticism from the Akhil Bharatiya Akhara Parishad. Its president Mahant Ravindra Puri said that Mulayam Singh Yadav had always been «anti-Hindu and anti-Sanatan». SP leader Pandey said that the statue of «Netaji» was inaugurated by him on Saturday. «He was our leader, and the camp was organised to spread his thoughts and ideas.»
13.01 / 02:57
markets Digital Strategy economy Experts PAM UK PM Starmer to outline plan to make Britain world leader in AI
artificial intelligence, promising to create special zones for data centres and encouraging more graduates to study technology-focused courses. Starmer will say he wants to put AI at the heart of his ambition to grow the economy, while the government will claim if the technology is fully adopted it could increase productivity by 1.5% a year, worth an extra 47 billion pounds ($57 billion), annually over a decade. Ahead of a speech in London by Starmer on AI, the government said it will adopt all the 50 recommendations set out in the report "AI Opportunities Action Plan" by venture capitalist Matt Clifford, submitted to the government last year.
13.01 / 02:57
markets Target security Analysis Trade Experts information Ola Electric shares in focus as CCPA seeks more documents amid probe
Central Consumer Protection Authority (CCPA) has sought additional documents from the company as part of its ongoing investigation into the electric two-wheeler manufacturer. “In continuation of the earlier letter received from the Central Consumer Protection Authority dated December 04, 2024, by Ola Electric Mobility Limited we would like to inform you that the company has received further request for information via email dated January 10, 2025,” the company said in an exchange filing on Friday post market hours.
13.01 / 02:57
markets CEO Analysis economy Enterprise Trade country SMEs will thrive, with many advancing to main board: BSE CEO
Sundararaman Ramamurthy, MD & CEO, BSE, says as the nation grows, so does its economy, leading to the expansion of individual enterprises. Entrepreneurs are investing their life savings into their ventures, and I believe that small and medium-sized enterprises (SMEs) will thrive, with many advancing to the main board. Once listed, these companies may pursue multiple exchange listings, enhancing liquidity, credibility, and access to financing, which will support greater capital formation and benefit the economy. What is your view on how the SME listings for BSE would move for this year? Sundararaman Ramamurthy: Let me give you a macro picture and then let me come to the BSE picture. From a macro level, we are talking about 6.2, 6.3 crores of SMEs in the country. Today we are talking about the total listing of some 1,000 plus companies across exchanges. All the 6.2 crore companies may not be big enough to come for listing or may not be requiring a listing as well.
13.01 / 02:57
markets security Trade President country Biden speaks with relatives of Americans held by Taliban but deal to bring them home still elusive
Joe Biden spoke on with relatives of three Americans the US government is looking to bring home from Afghanistan but no agreement has been reached on a deal to get them back, family members said. Biden's call with family members of Ryan Corbett, George Glezmann and Mahmood Habibi took place in the waning days of his administration as officials try to negotiate a deal that could bring them home in exchange for Muhammad Rahim, one of the remaining detainees at Guantanamo Bay. Corbett, who had lived in Afghanistan with his family at the time of the 2021 collapse of the US-backed government, was abducted by the Taliban in August 2022 while on a business trip and Glezmann, an airline mechanic from Atlanta, was taken by the Taliban's intelligence services in December 2022 while travelling through the country. Officials believe the Taliban is still holding both men as well as Habibi, an Afghan American businessman who worked as a contractor for a Kabul-based telecommunications company and also went missing in 2022. The FBI has said that Habibi and his driver were taken along with 29 other employees of the company but that all except for Habibi and another person have since been freed.
13.01 / 02:55
markets UPS Platform Interface Food Equality India’s quick food delivery face-off: Whose data is it anyway?
Subscribe to enjoy similar stories. That successful online aggregators would loom ever larger over the small suppliers enrolled on their platforms was obvious all along. Equally foreseeable was how this would tilt power equations in favour of any big consumer interface, whose potential role as a market gateway was a big draw for its investors in the first place.
13.01 / 02:55
Citi Booking Celebrity Olympics travelers recommendations Destinations It’s a jubilee year in Italy. Cue the crowds.
Subscribe to enjoy similar stories. This may be the year to skip Rome—or Italy entirely. The Roman Catholic Church is celebrating a jubilee year, a roughly yearlong tradition dating to the early 14th century.
13.01 / 02:55
markets UPS FIVE Healthcare show Schools International Fake job postings are becoming a real problem
Subscribe to enjoy similar stories. It’s a common feeling when looking at a job listing online: the title is perfect, the pay is right, and the company seems like a solid place to work. But you also wonder if that job is real.
13.01 / 02:55
markets UPS wellness beautiful social reports International Can more time off help people destress?
Subscribe to enjoy similar stories. Last month, home beauty services start-up YesMadam, in a social media post, announced the layoff of 100 employees who confessed to “being stressed" in an internal survey. After receiving online criticism, the Noida-based startup clarified it was part of a marketing campaign to raise awareness about the “seriousness of workplace stress." Consequently, the company introduced a programme, Happy 2 Heal, under which employees can get head massages and spa sessions in the office, and a “de-stress leave" policy that permits employees to take six days of paid leave annually for their mental health, along with the facility to avail a complimentary spa at home by YesMadam.
13.01 / 01:59
Target Analysis Research wellness Trade Experts Oil hits more than 3-month high as US sanctions hit Russia exports
Brent crude futures climbed $1.35, or 1.69%, to $81.11 a barrel by 2339 GMT after hitting an intraday high of $81.44, the highest since Aug. 27.
13.01 / 01:59
markets Digital Strategy Trade PAM country Tougher U.S. sanctions to curb Russian oil supply to China and India
Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs, as new U.S. sanctions on Russian producers and ships curb supplies to Moscow's top customers, traders and analysts said. The U.S. Treasury on Friday imposed sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, as well as 183 vessels that have shipped Russian oil, targeting the revenues Moscow has used to fund its war with Ukraine. Many of the tankers have been used to ship oil to India and China as Western sanctions and a price cap imposed by the Group of Seven countries in 2022 shifted trade in Russian oil from Europe to Asia. Some tankers have also shipped oil from Iran, which is also under sanctions.
13.01 / 01:59
markets Digital Waters Strategy Parke Experts PAM 'Water is cold but heart is filled with warmth': Foreign devotees take holy dip as Maha Kumbh begins
Triveni Sangam in Uttar Pradesh's Prayagraj to take a holy dip during the Maha Kumbh Mela. Despite the freezing waters during the cold winter season, a group of foreign devotees took a dip in the Triveni Sangam, the sacred confluence of the rivers Ganga, Yamuna, and the 'mystical' Saraswati. A Brazilian devotee, Francisco, who came to India for the first time in search of Moksha, said that it was an amazing feeling to be present there. He mentioned that the water at the confluence was cold, but his heart was filled with warmth after he took a dip.
13.01 / 01:59
markets Strategy Healthcare Trade Experts performer reports Experts bullish on 6 sectors for good returns amid stock market volatility
BSE Sensex was the eighth best-performing global index in 2023, but slipped to 13th rank in 2024. The analysis is based on 22 world equity benchmarks that cover the US, Europe, Latin America and Asia. The data is sourced from Reuters-Refinitiv. The weak performance of corporate India in the September quarter, geopolitical factors, elevated valuations, strengthening of the US dollar index and substantial FPI outflows (in October and November) led to a jump in volatility in the fourth quarter of 2024. As the markets enter 2025, the volatility is unlikely to abate soon due to high US bond yields and a stronger USD index. These factors will keep the US markets attractive and prevent FPIs from sustained buying in emerging markets (EMs), including India.
13.01 / 01:59
markets Extreme Assurant Death Eaton evacuation Los Angeles fires: 16 dead, 16 missing; red flag warning issued for dangerous week ahead
The National Weather Service has issued red flag warnings for critical fire conditions through Wednesday, predicting wind gusts up to 113 kilometers per hour in the mountains. “You’re going to have really strong gusty Santa Ana winds, a very dry atmosphere and still very dry brush, so we still have some very critical fire weather conditions out there,” said meteorologist Rich Thompson. The Los Angeles County Sheriff, Robert Luna, confirmed 12 people are missing in the Eaton Fire zone and four in the Palisades Fire zone, with the possibility of more unreported cases. The coroner’s office attributed five deaths to the Palisades Fire and 11 to the Eaton Fire. Officials anticipate the death toll may rise as search teams with cadaver dogs continue to work in the devastated neighborhoods.
13.01 / 01:59
markets Digital Gap Strategy Experts PAM performer Are diamonds good investments? In fact, are diamonds investments?
Diamonds were never truly investments in the first place, and the very idea that they could be regarded as such is a carefully constructed marketing myth. The recent attention to the Diamond Standard Index’s lacklustre performance over 22 years might seem like news. However, it merely confirms what smart savers have known all along, that the diamond market is unlike any other investment market. The basic principle of any investment is not just its quoted price, but the realisability of this price, that is, what you can get when you want to sell it. With diamonds, this gap between theory and reality is rather wide, to put it mildly. This peculiar nature of diamonds isn’t accidental; it’s by design. The story goes back to 1870, when massive diamond discoveries in South Africa threatened to destroy the gem’s value forever. The solution? Create a monopoly—which became De Beers—to control supply and prices. The real masterstroke came in 1938, when Harry Oppenheimer, the founder’s son, launched one of history’s most successful marketing campaigns, transforming diamonds from mere precious stones to supposed symbols of eternal love and value.
13.01 / 01:59
markets UPS Booking Waters Strategy PAM Choose investment assets that match future money goals else encashing them at time of need can be a problem
He had bought his first house when he was 35 years old. Twenty years on, he and his wife live in a much bigger flat in Mumbai. He had also restructured and modernised the house in which his retired parents lived in Pune. He had a farm in Karjat, where he had a small farmhouse. His plan is to retire to this house in another 5-10 years. “It all worked out well,” he told me. With the new airport coming up, he is considering booking a flat at one of the new developments in Panvel as well. “This will not be like Lavasa,” he offered. He had been an early investor in the dream project that failed to take off as planned. His money had been stuck there for quite a few years and he finally sold it at a loss. “I am confident the new one will be a winner,” he reassured me.

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