BUSINESS
Hindenburg Research Founder Announces Closure of Short-Selling Firm
Hindenburg Research founder Nate Anderson has announced to disband the short seller firm, saying there is not one specific thing -- "no particular threat, no health issue and no big personal issue".
India's Macroeconomics Stay Strong with Steady Long-Term Growth Prospects: Report
The strength of banks (NPAs below 1 per cent) and corporate balance sheets is impressive. India Inc's profits are rising strongly but free cash flows from them are growing sharply unlike 2003-2008, when free cash flows were in deficit, said a monthly insight report from global financial services company Mirae Asset.
Crisil Projects India's GDP Growth to Reach 6.7% in the Next Fiscal Year
Headline inflation continued making progress towards the central bank's target of 4 per cent inflation as food inflation eased for the second consecutive month and non-food inflation stabilised.
Banks Raise FD Interest Rates Amid Intense Competition for Deposits
Fear of getting left behind led to a response from other small banks such as IDBI, though.
Net Direct Tax Collections Rise 16% to Rs 16.90 Lakh Crore in FY25 So Far
Gross direct tax collections before refunds jumped 19.94% to Rs 20.64 crore during the period compared with the corresponding figure of Rs 17.21 lakh crore in the same period of the previous year.
PE Investment in India’s Real Estate Reaches $2.82 Billion in April-Dec FY25
The multi-city deal took the frontline in the first nine of FY25. For cities, the Bengaluru and Hyderabad took the highest transaction tables in the share of deals to the tune of 11 per cent and 10 per cent, respectively.
Top Industry Associations Criticize Zomato and Swiggy Over Private Label Food Delivery
FHRAI, claiming to be the third-largest hospitality association in the world, has pointed out several issues-one being unfair competition, followed by the misuse of restaurant data, and another one, potential risks to food safety.
Madhuri Dixit, Gauri Khan, Amrita Rao Among Celebs Who Bought OYO Shares Recently
Gauri Khan purchased 2.4 million shares of OYO during the recent Series G funding round concluded in August 2024 which saw the company raise over Rs 1,400 crore from a consortium of investors, sources told PTI.
Air India to Add More Premium Seats, Aiming for Higher Connecting Traffic and Growth Opportunities
Tata Group, which has been steering the loss-making Air India since January 2022, has consolidated its airline business and Air India Group's revenues have jumped around 10 times to nearly USD 10 billion now compared to less than USD 1 billion in FY20, according to a senior company official.
100 Indian Firms File Draft IPO Papers, Fundraising Could Exceed Rs 2 Lakh Cr This Year
The Indian IPO market witnessed a landmark year in 2024, with over 90 companies collectively raising a staggering Rs 1.62 lakh crore-more than double the Rs 49,436 crore raised in 2023.
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