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Will do what's best for the economy, says RBI governor-designate Malhotra
Malhotra, 56, will take over as governor today at a time when there is growing clamour for an interest rate cut to support slowing economic growth
IndiGo to offer business class seats on select Delhi-Bengaluru flights
All 15 daily flights between Delhi and Bengaluru will be operated with aircraft configured with these business class seats by March next year
Will use multiple technologies to reduce carbon emissions: Maruti Suzuki MD
MSIL plans to launch its first electric car in India in January 2025. Not just MSIL, Hyundai and Kia will also launch their first mass-market electric cars in India next year
Reliance Power forms new arm for renewable energy biz; appoints CEO, COO
Both of them have joined the company from ReNew. Bansal was Group President of ReNew Power's India RE Business and Swaroop served as Vice President and Head of Utility Business at ReNew Power
Omnicom's Interpublic acquisition makes it the global ad industry leader
IPG has a presence in India through IPG Mediabrands India. Globally, WPP, Omnicom, Publicis Groupe, and IPG form the 'Big Four' of the advertising world
Mintifi raises $180 mn in Series E from TVG, Prosus, and Premji Invest
The company works with over 300 brands in India, including Asian Paints, Varun Beverages, Parle Products, Honda, and Shree Cement, among others
Mehul Choksi's Rs 2,565.9 crore properties set for auction after court nod
A Mumbai court has approved the auction of Mehul Choksi's Rs 2,565.9 crore assets, seized by the ED in the PNB fraud case. The assets, including flats and factories, will now be liquidate
Startup contribution to economy projected to reach $1 trillion by 2030
India's startup ecosystem, valued at over $349 billion, ranks third globally in unicorn count as of May 2024
Amazon to enter quick commerce race with 15-min delivery trial in Bengaluru
This initiative marks Amazon's first venture into offering a 15-minute delivery service globally; the initial rollout will include 1,000-2,000 products
Rs 10 lakh insurance, free coaching: Kejriwal's 5 promises to auto drivers
Ahead of 2025 Delhi elections, Arvind Kejriwal has announced five key guarantees for auto drivers, including Rs 1 lakh for daughters' marriages, Rs 10 lakh insurance, and free coaching
India set for resilient growth in 2025 driven by urban consumption: S&P
For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates
SC seeks details from HC on Justice Shekhar Yadav's controversial speech
The Campaign for Judicial Accountability and Reforms (CJAR) has called for Justice Yadav's suspension and an in-house investigation into his conduct
When will new RBI governor Sanjay Malhotra cut rates? Brokerages weigh in
Here's how leading brokerages have interpreted the development, and their expectations from Sanjay Malhotra as regards key rates and maintaining a balance between growth and inflation
Burmans get RBI nod for 26% Religare stake offer, await Sebi approval
The RBI grants conditional approval for the Burman family's 26% stake offer in Religare, with restrictions on board changes. Sebi approval is still pending amid valuation disputes
Samsung Galaxy S25 Ultra to feature 16GB RAM for on-device AI, One UI 7
Samsung may upgrade the RAM from 12GB on the current model, the Galaxy S24 Ultra, to 16GB in the upcoming Galaxy S25 Ultra
Equity mutual funds inflow drops 14% to Rs 35,943 crore in Nov: Amfi data
Overall, the mutual fund industry witnessed an inflow of Rs 60,295 crore in the month under review as compared to Rs 2.4 lakh crore in October
Stride Ventures rolls out $300 mn 4th fund as venture debt gains traction
Deployments exceeding Rs 100 crore include companies like BlueStone, Upstox, Moneyview, Ather, among others
Dr Morepen forays into wellness segment with weight management initiative
The company, a fully-owned subsidiary of Morepen Laboratories, is looking to establish itself in the segment which is currently valued at around Rs 12,000 crore
Amazon affirms commitment to enabling $80 bn exports from India by 2030
Amit Agarwal, SVP, Emerging Markets, Amazon, announced the commitment at the company's annual 'Smbhav Summit'
Stride Ventures announces surpassing $1 billion in venture debt commitments
The firm said this milestone cements Stride Ventures' leadership as the first Indian fund in this segment to achieve this scale. It has also launched $300 mn Fund IV