India Financial News

02.01 / 18:33

Progressive security WhatsApp travelers US NSA to visit India next week

National Security Adviser Jake Sullivan will travel to India on January 6-7 for a review of the Initiative on Critical and Emerging Technology (iCET) in what will be the last engagement between the Biden administration and the Modi government. Sullivan and his Indian counterpart Ajit Doval will co-chair the meeting to review progress under iCET. This will be the third round of talks on iCET since the initiative was launched in January 2023.

02.01 / 17:25

markets WhatsApp country Prayer meet for Manmohan Singh on Friday

former prime minister Manmohan Singh at a prayer meeting on Friday. The 'Shabadv Kirtan and Antim Ardas' of Dr Singh would be held at the Gurdwara Rakab Ganj Sahib at 3 pm.

02.01 / 16:33

UPS FIVE Digital Software exclusive hospital International iBus Networks eyes ₹2,000 cr revenue by 2028, bets on digitization of buildings

Subscribe to enjoy similar stories. New Delhi: Bengaluru-based iBus Networks is aiming for a revenue of ₹2,000 crore in the next four to five years, with Ebitda (earnings before interest, taxes, depreciation and amortization) of ₹500 crore, as it looks to become an infrastructure tech company by offering digital solutions for last-mile connectivity. Ram Sellaratnam, co-founder and chief executive officer (CEO) at iBus Networks, told Mint in an exclusive interaction that the company was looking at Ebitda of around ₹120 crore by FY26, with a revenue ₹400-450 crore.

02.01 / 15:37

markets Digital Strategy Healthcare PAM testing Abhishek Banerjee launches ‘Sebaashray’ doorstep medical camps in Diamond Harbour

holistic healthcare system, Trinamool National General Secretary and Diamond Harbour MP Abhishek Banerjee on Thursday launched a programme ‘Sebaashray’, a doorstep medical health camp facility designed to provide holistic healthcare services to residents of his Parliamentary Constituency.

02.01 / 15:37

markets Provident Booking WhatsApp hospital Courts SC rejects Kapil Wadhawan's interim bail on medical grounds in bank loan fraud case

Supreme Court on Thursday rejected former chairman of erstwhile Dewan Housing Finance Corp Kapil Wadhawan’s appeal seeking interim bail on medical grounds in a bank loan fraud case.

02.01 / 15:37

markets Digital Strategy Experts PAM hospital innovations Balmer Lawrie & Co invests in 'pod' hotel startup NapTapGo

affordable hospitality segment, as part of its annual startup fund programme, the company said. The Rs 1 crore investment is aimed at «supporting the startup ecosystem and promoting innovation,» a company statement said. No further details of the funding terms were divulged.

02.01 / 14:25

markets UPS Citi Manufacturing Enterprise Trade cover Quick commerce is rocketing. So, are kiranas on the way out?

Subscribe to enjoy similar stories. New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. Zomato, Zepto and Swiggy dominate, even as Big Basket, Amazon and others are trying to muscle in.

02.01 / 11:37

markets Analysis Trade Experts Updates Pharmaceuticals Stock market update: Nifty Pharma index 0.4%

Shares of Ipca Laboratories Ltd.(up 3.02 per cent), Granules India Ltd.(up 1.88 per cent), Gland Pharma Ltd.(up 1.77 per cent), Zydus Lifesciences Ltd.(up 1.75 per cent) and Glenmark Pharmaceuticals Ltd.(up 1.54 per cent) ended the day as top gainers in the pack.

02.01 / 11:37

markets UPS security reports Sajjan Jindal attends wedding of Nawaz Sharif's grandson in Lahore

Sajjan Jindal along with his family attended the wedding festivities of the grandson of former Pakistan prime minister Nawaz Sharif in Lahore, a PML-N leader said on Thursday. Jindal, the managing director of JSW Steel, was among 700 local and foreign guests who attended the wedding of Sharif's grandson Zayd Hussain Nawaz at their palatial Jati Umra Raiwind residence in Lahore on Sunday.

02.01 / 11:37

markets UPS SUN Trade Updates Pharmaceuticals Share market update: Most active stocks of the day in terms of traded value

The NSE Nifty index ended the session 445.75 points up at 24188.65, while BSE Sensex 1436.3 points to 79943.71.

02.01 / 11:37

markets Digital Strategy PAM performer testing Rohit Sharma, Rishabh Pant to be dropped, Bumrah to lead Indian team? Big changes expected in last test against Australia

Rohit Sharma’s Test career appears to be at a crossroads as speculation grows about his exclusion from the fifth and final Test against Australia, set to begin on Friday. Rohit has struggled with form throughout the series, scoring just 31 runs in five innings. Head coach Gautam Gambhir’s reluctance to confirm Rohit’s participation has added to the uncertainty.

02.01 / 11:17

Booking Discover Food Research Moss show travelers Discover the sweet legacy of Cowboy Cookies: A 1940s chocolate delight

Subscribe to enjoy similar stories. Chocolate: A global history is an essential guide for writers, researchers and food afionados about the long winding story of how chocolate travelled from the early Americas to the present day. Authors Sarah Moss and Alexader Badenoch write that evidence of cocoa has been found from the Olmec-era, pre-Classic Maya sites in Belize.

02.01 / 11:17

COST Manufacturing economy show reports testing A sombre December manufacturing PMI curbs enthusiasm

Subscribe to enjoy similar stories. The pace of business activity in India’s manufacturing sector is slowing, dimming hopes for those rooting for a sharp rebound in gross domestic product (GDP) growth. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to a 12-month low of 56.4 in December, slightly below November’s 56.5.

02.01 / 10:39

UPS Mobile economy Hyundai trends innovations Updates At Maruti Suzuki, small cars are back in the driver’s seat

Subscribe to enjoy similar stories. Maruti Suzuki India Ltd’s sales volume update for December sprung a positive surprise on small, entry-level cars, which saw 29% year-on-year growth to 62,324 vehicles. This is much higher than the 21% year-on-year growth in the company’s utility vehicle (UV) sales even though the base for both segments was more or less the same.

02.01 / 09:57

markets Provident Digital Strategy PAM TDP signs MoU providing insurance to one crore party members

TDP membership crossing one crore in just a few days, the party national general secretary and Minister for Education, Nara Lokesh, on Thursday entered into a Memorandum of Understanding (MoU) with insurance companies for all the one crore party activists, said a press release on Thursday.

02.01 / 09:57

markets Digital Strategy Experts PAM country India's textile exports grew 7 pc to USD 21.35 bn during Apr-Oct period of FY25: Govt

apparel exports, including handicrafts, grew 7 per cent during the April-October period to USD 21.35 billion, the government said on Thursday. The outbound shipments from the sector stood at USD 20 billion in the same period of the previous financial year, FY 2023-24.

02.01 / 09:03

Target Food wellness show track country Indira Rajaraman: It pays to track of popular perceptions of public policy

Subscribe to enjoy similar stories. Public policy is so termed because it is done for us the people, the public. But how does it actually filter down to the public? How do people perceive what is done for them? When Consumer Price Index (CPI) inflation dropped from 6.21 % in October to 5.48 % in November, did people perceive a decline? For the record, these monthly rates are year-on-year, based on the CPI values in the corresponding months of 2023.

02.01 / 08:25

markets Airlines Strategy PAM travelers Updates International After New York, Air India starts non-stop flight between Delhi and Newark

Tata-owned Air India on Thursday started operations from Delhi to New Jersey's Newark through its flagship A350-900 aircraft. This follows Air India’s A350 service on the Delhi-New York (JFK) inaugurated on November 1, 2024.

02.01 / 08:25

markets Digital CEO Platform Strategy Experts PAM Basic Home Loan to end FY25 with Rs 15,000 crore disbursement

Basic Home Loan, a platform for automating home loans for middle- and low-income households in India, which has recently raised $10.6 million (Rs 87.5 crore) in a Series B funding round, is expected to close FY25 with Rs 15,000 crore disbursal.

02.01 / 08:25

markets Strategy Experts PAM hospital testing Big public health upgrade in works; govt hospitals could soon get more firepower

02.01 / 08:25

markets UPS Gap Analysis Trade Experts Indian Hotels shares 0.2% as Sensex

Indian Hotels Company Ltd. traded at Rs 874.90 on BSE at 01:28PM (IST) on Thursday, 0.2 per cent from previous close. The scrip quoted a 52-week low price of Rs 429.30 and a high of Rs 894.15.

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