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Foreign investors pulled out Rs 4,285 crore from Indian equities in the first three trading days of the month driven by apprehensions ahead of the third-quarter earnings season and high valuations of domestic stocks. This came following an investment of Rs 15,446 crore in the entire December, data with the depositories showed.The shift in sentiment

The Centre’s move to continue the New Pension System (NPS) for central government employees has been supported by former Deputy Chairman of erstwhile Planning Commission Montek Singh Ahluwalia, who feels that states going back to the Old Pension Scheme (OPS) are taking a wrong decision. The Atal Bihari Vajpayee government in January 2004 introduced the

Just days after Adani Enterprises (AEL) announced its plans to exit from Adani Wilmar, the FMCG major on Saturday released its standalone performance report for the quarter ended December 31, 2024, wherein it posted a revenue growth of 33 per cent on-year. The FMCG firm recorded a healthy 6 per cent YoY growth in volumes

As we entered the new year, how is the IT services industry expected to perform in CY25? Per JM Financial, CY25-start has little in common with CY24. Last year this time, the book of business was transitioning from (eroding) discretionary book to efficiency-led work. Per the analysis report by the brokerage firm, leakages have reduced

– By Sunil Gupta As India embarks on an ambitious clean energy journey, aluminium stands at the forefront of this transformation. Aluminium is playing a pivotal role in powering new domestic innovations across energy storage, transportation, and infrastructure development. With the country targeting 50% of electricity generation from renewable sources by 2030, aluminium is an

A New York court has ruled that the criminal and civil cases against Indian billionaire Gautam Adani and others, linked to an alleged bribery scheme, are “related” and will be handled by the judge presiding over the criminal case. According to an order from the US District Court for the Eastern District of New York

The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) and other investments have fetched Rs 48,376 crore or 86% of the annual target so far in the current financial year. Going by the performance of the CPSEs so far, the dividend receipts from these companies is poised to exceed Rs 60,000 crore for

In the streets of Bengaluru in 2014, Kabeer Biswas used to coordinate deliveries through WhatsApp groups, personally responding to customer requests and managing the first 8,000 deliveries of what would become Dunzo. The rise was spectacular for Biswas. By 2016, Dunzo became a verb synonymous with convenient hyperlocal delivery in India and boasted millions of