Udaan, India's largest business-to-business (B2B) e-commerce company, has received approval from the National Company Law Tribunal (NCLT) for its internal corporate restructuring plan, according to sources. By consolidating into a single entity, the restructuring will enhance Udaan's agility and pave the way for various financing options, including the ability to pursue an initial public offering (IPO) in India by 2026, according to people familiar with the matter.
Share prices of Nestle India, Asian Paints, Bandhan Bank, Tata Technologies, AU Small Finance Bank and Avenue Supermarts, all a part of the BSE 500 index, have hit their respective 52-week lows on the BSE in Thursday's intra-day trade after a sharp correction in the equity markets.
A Delhi court has convicted former Congress MP Sajjan Kumar of murder in a 1984 anti-Sikh riots case. The court found that Kumar was part of an unlawful assembly that killed the victims and is guilty of the murders of Jaswant Singh and Tarundeep Singh. Kumar now faces a maximum of the death penalty and a minimum of life in prison. The court rejected Kumar's argument that the statement of the complainant couldn't be trusted, as she named him belatedly and held at the time of the incident she was not aware of the identity of the accused as she was admittedly new to the area and had never seen him earlier. The court also found the other residents of the locality were reluctant to come forward to aid the victims at the time of the incident, leading to the conclusion that they would also not support the victims' version in court.
'Once filed, it cannot be revised or rectified.'
The Supreme Court of India directed the government to establish a legal framework to protect domestic workers and address their exploitation.
The Commonwealth of Dominica will bestow its highest national award, the Dominica Award of Honour, upon Prime Minister Narendra Modi this month in recognition of his contributions to Dominica during the COVID-19 pandemic and his dedication to strengthening the partnership between the two countries.
The ICC Champions Trophy is set to kick off in Pakistan, marking the country's first ICC event since the 1996 World Cup.
The theme for Avenues 2009 -- which will see management vents, competitions, workshops and seminars -- is 'People, Planet and Profit', a concept where social, economic and environmental considerations collectively appraise corporate performance.
'After Pather Panchali, she became a housewife. She hated the spotlight. That was so strange and yet so admirable.'
As part of its Golden Jubilee year, IIT-Bombay is organising a two-day management fest, AVENUES.07.
Allocation to bank deposits -- fixed deposits, savings account deposits, and current account deposits -- came down.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
Ambani and Adani account for a fifth of the net worth of all billionaire promoters in the country and half the combined net worth of the top 10.
Huge tri-colour-themed banners have been put up along the Kartavya Path while the theme for this year's tableaux that would roll down the boulevard where the annual Republic Day celebrations take place is 'Swarnim Bharat: Virasat aur Vikas', focusing on 75 years of the enactment of the Constitution.
Brokerages on DMart Q3 results: Avenue Supermarts (DMart) shares slipped as much as 5.74 per cent to hit an intraday low of Rs 3,474 per share on Monday. However, the stock recovered slightly to close at Rs 3,507.95, down 4.82 per cent. Notably, the 52-week low for DMart shares is Rs 3,400. The downward movement in DMart's share price was triggered by the company's 2024-25 (FY25) October-December quarter (Q3) results, which missed Street expectations.
The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.
Saks sells luxury brands such as Jimmy Choo, Giorgio Armani, and Tod's, besides premium brands such as Fila and Puma.
Madalsa Sharma has the knack of making every outfit she wears a statement piece. Whether it's a stunning saree or a cute contemporary look, she's always slays.
'When people have money in their hands, they make their judgment about whether they want to spend it entirely or spend some out of it.'
'Does 99 percent guarantee character and capacity for an independent awareness of life or does it make you -- barring exceptions -- a compliant careerist beholden to governments and corporations?' 'What kind of political and social choices would such minds make?' asks Shyam G Menon.
The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.
Pakistan's supreme court on Monday ordered the supporters of Imran Khan and cleric Tahirul Qadri to clear the Constitution Avenue within 24 hours so that the movement of judges and officials is not hampered.
At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.
The top court had earlier directed the Delhi government and the Registrar General of the Delhi high court to hold a meeting for removal of encroachment by AAP on the land allotted to the HC at Rouse Avenue.
Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.
Avenues 2009, the annual two-day business festival of the Shailesh J Mehta, School of Management, IIT Bombay, based on the theme 'People, planet and profit' reflected the creative and intellectual spirit of the management students.
The Enforcement Directorate (ED) has challenged the order of Rouse Avenue court on granting bail to Delhi Chief Minister Arvind Kejriwal in a money laundering case related to the Delhi Excise policy.
Divith, who has a FIDE rating of 1784 points currently, won four matches on the trot, including the last two against higher-rated opponents
'This agreement will help the Indian workforce to move to non-traditional sectors of employment like teaching, nursing, and manufacturing.'
The listed information technology (IT) subsidiaries of engineering giant Larsen & Toubro (L&T), LTIMindtree (LTIM) and L&T Technology Services, have seen sharp upmoves over the past fortnight, with returns ranging from 14 to 18 per cent. Both have outperformed the peer index, the National Stock Exchange Nifty IT, which has gained about 8 per cent, while the benchmark Nifty 50 is up 4 per cent during this period.
AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.
Modi said said that Kingsway or Rajpath, a symbol of slavery, has now been consigned to history and has been erased forever.
Concerned over household savings moving towards alternative investment avenues, RBI Governor Shaktikanta Das on Thursday asked banks to mobilise deposits through innovative products and services by leveraging their vast branch network. "Banks are taking greater recourse to short-term non-retail deposits and other instruments of liability to meet the incremental credit demand. "This, as I emphasised elsewhere, may potentially expose the banking system to structural liquidity issues," he said.
Wondeful shots of African women and giraffes roaming Kenyan grasslands were judged the most outstanding photographs of the year.
The share of equity and investment funds in the total financial wealth of households increased by more than 50% between 2011-2012 and 2022-2023.
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
The court would continue with the hearing on November 29.
The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Following the IPOs of food delivery major Swiggy and two other companies slated for next week, this year's total will reach nearly Rs 1.2 trillion, going past 2021's record tally of Rs 1.19 trillion. Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO opened on Wednesday (Nov 6), while health-tech firm Sagility India's Rs 2,106 crore IPO opened a day earlier.
