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25.01 / 16:57
25.01 / 15:39
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Calculation error? Rs 9 crore refund for 'Mannat' coming Shah Rukh Khan’s way from Maharashtra government
Maharashtra government will refund Bollywood actor Shah Rukh Khan Rs 9 crore, which he had paid in excess for the conversion of the lease of his sea-facing bungalow, 'Mannat'.
25.01 / 15:39
25.01 / 13:47
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How did the Jennifer Aniston and Barack Obama affair rumor begin? Here's the breakdown
Jennifer Aniston and Barack Obama are apparently dating and the story's intensity has been so great that all major outlets in the US carried this rumor in multiple reports. Meanwhile, Barack Obama's rumored marital troubles somehow fueled this entire scenario, and now it is time to trace back how this gossip traveled in the first place
25.01 / 13:47
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River linking projects helping water reach more households, talks on with more states: C R Patil
Davos, Asserting that river linking projects will help in better water management and provide drinking water to more households, Jal Shakti Minister C R Patil said here that the Centre is talking to several states to link more rivers in the coming days. Patil, who was here to participate in the World Economic Forum Annual Meeting as the first ever water resources minister to attend this global summit, also said that the Modi government's focus on water has enriched the lives of common people and empowered women.
25.01 / 13:47
25.01 / 12:13
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Health experts warn against risks of preterm deliveries by Indians abroad amid citizenship law fears in US
preterm deliveries among immigrant families in the US, including Indians, reportedly driven by fears surrounding proposed changes to birthright citizenship laws. According to media reports, families are opting for early cesarean sections to ensure their children are born before the potential legal shift takes effect on February 20, putting maternal and neonatal health at significant risk.
25.01 / 11:39
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IPO funds would be used for payment of debts, towards corporate purposes: Dr Agarwals
Dr Agarwals Eye Hospital would utilize the funds raised through the forthcoming Initial Public Offering for payment of debts and to meet some general corporate purposes, an official said. The city-headquartered company, backed by Temasek Holdings and TPG is proposing to raise an aggregate of Rs 3,027.26 crore through its maiden IPO to open from January 29 to 31 at a price band of Rs 382 to Rs 402 per share. The public issue would be a combination of a 'fresh issue' of up to Rs 300 crore and an Offer for Sale of up to 6.78 crore equity shares worth Rs 2,727.26 crore by promoters and other shareholders.
25.01 / 11:39
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Macrotech Developers Q3 profit rises 88% to Rs 944 cr on higher income
Realty firm Macrotech Developers on Saturday reported 88 per cent increase in consolidated net profit at Rs 944.4 crore for December quarter FY25 on higher income amid strong housing demand. Net profit of Macrotech Developers, which sells properties under Lodha brand, stood at Rs 503.3 crore in the year-ago period. Total income rose to Rs 4,146.6 crore in the third quarter of this fiscal from Rs 2,958.7 crore in the corresponding period of the preceding year, according to a regulatory filing.
25.01 / 09:29
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ICICI Bank Q3 Results: PAT up 15% YoY to Rs 11,792 crore; NII grows 9%
ICICI Bank on Saturday reported that its standalone Q3 profit after tax grew by 14.8% year-on-year (YoY) to Rs 11,792 crore while net interest income (NII) increased 9.1% YoY to Rs 20,371 crore during the December quarter. Its net interest margin stood at 4.25% in Q3 FY25 compared to 4.27% in Q2 of FY25 and 4.43% in Q3 of FY24. The net NPA ratio was flat sequentially at 0.42% while provisioning coverage ratio on non-performing loans was 78.2% at December-end.
25.01 / 08:53
25.01 / 08:53
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IndiGo flies high despite rupee air pocket
IndiGo reported a profit of Rs 2,499 crore in the three months to December, with a depreciating rupee toward the tail-end of 2024 causing an 18% bottom-line shrinkage from Rs 2,998 crore in the year-ago period.
25.01 / 08:03
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budget 2025
Budget 2025 preview — Part 4: Manufacturing, agriculture, jobs and bankruptcy resolution
Subscribe to enjoy similar stories. Part 1 covered fiscal deficit, foreign direct investment, disinvestment, and India's energy transition. Part 2 covered IT hiring and AI, internal migration, and the government's pension expenses. Part 3 covered skilling and jobs, exports, and middle-class woes. One of the major economic-policy initiatives of the BJP-led government over the past decade has been its production-linked incentive (PLI) scheme, intended to encourage onshoring of manufacturing across sectors.
25.01 / 07:31
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YSRCP leader Vijaysai Reddy resigns as Rajya Sabha MP
YSRCP leader V Vijaysai Reddy on Saturday resigned as a member of the Rajya Sabha citing personal reasons. He met Vice President Jagdeep Dhankhar and submitted his resignation. Reddy later told reporters that despite having three and half years left in his six-year term in Rajya Sabha, he has submitted his resignation due to personal reasons.
25.01 / 07:31
25.01 / 06:59
25.01 / 05:37
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budget 2025
Budget 2025: Global economic shifts make tax cuts unlikely, but reforms must continue
Subscribe to enjoy similar stories. As the world economy continues to work through the challenges of weak growth, likely inflation and political actions shifting economic relations, there is continued interest in whether tax policy can make a difference. The new administration is considering extending the tax cuts and Jobs Act in the US while mulling tariffs on products from India and China.
25.01 / 03:29
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Wall Street slips with mixed data and earnings ahead of Fed week
Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting. The technology sector was the biggest drag on the market as megacap stocks, including artificial intelligence chip leader Nvidia, reversed a sharp rally earlier in the week.
25.01 / 02:33
25.01 / 01:39
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The week in charts: Trumponomics, MSME boost, tax cut hopes
Subscribe to enjoy similar stories. US president Donald Trump issued a flurry of executive orders on his first day that have left investors on the edge. Meanwhile, small businesses are likely to receive a financial boost in the budget, while India’s top IT firms have reported subdued December-quarter earnings.
25.01 / 00:11
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BHEL is pulling out all stops to recover arbitral awards worth ₹1,500 crore
Subscribe to enjoy similar stories. NEW DELHI : State-run industrial equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) is pulling out all stops to secure arbitral awards worth nearly ₹1,500 crore, which is about 15x the company's September quarter net profit. BHEL is accelerating its efforts to ensure that these awards, which were in favour of the company, are collected as soon as possible, according to two people close to the matter.
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