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In a notice to CCI, the consortium said that the “proposed combination will not lead to any change in the competitive dynamics, let alone cause any appreciable adverse effect on competition in India…” | Photo Credit: ADNAN ABIDI A clutch of investors led by Multiples Equity have sought approval from the fair trade regulator CCI … Read more
Conservation must move beyond tick-boxes and return to being part of our daily lives. India is living through a climate breakdown. Record-shattering heatwaves, erratic monsoons, parched tech hubs, and floods in our heartlands are no longer warnings from a distant future, they are here. Step outside any city and you see the remnants of a … Read more
As a social security or retirement-focused investment, the employees’ provident fund (EPF) is compulsory for the salaried in most private sector organisations. In an ideal scenario, you would work for a single employer and tap into tax-free corpus at the time of retirement. However, our actual experience is far from ideal. And therefore have to … Read more
Cash holdings of actively managed equity-oriented mutual fund schemes declined to a seven-month low of 5.5 per cent in June, signalling a shift from the cautious stance seen earlier in the year. Cash levels, which were at 4.6 per cent in June 2024, had steadily risen to a peak of 6.8 per cent in April … Read more
The Federation of Automobile Dealers Associations (FADA) has sought the Reserve Bank of India’s intervention against alleged delays by private banks in transmission of the interest rate cuts to automobile buyers. In a letter to RBI Governor Sanjay Malhotra, FADA also called for a review of private banks’ repo-rate pass-through lags in the auto-loan portfolio … Read more
India’s economy grew by 7.4 per cent in the January-March quarter (Q4) of FY25, beating expectations and marking the strongest quarterly growth of the fiscal year. India is projected to maintain a steady 6-6.5 per cent year-on-year (y-o-y) real GDP growth in FY26, supported by resilient domestic demand and potential relief from softer global crude … Read more
Li Qiang, China’s premier, during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, on Saturday, July 26, 2025. | Photo Credit: QILAI SHEN Chinese Premier Li Qiang on Saturday proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology. … Read more
The MPV segment isn’t as utilitarian as it once was, especially with well-rounded cars like the Innova/Hycross, Ertiga/XL6 and Kia Carens proving that one doesn’t have to compromise on style, features or even desirability if he wants a car that seats more people than the conventional SUV. Having said that, if there was one thing … Read more
Canada Pension Plan Investment Board (CPP Investments) has agreed to sell its 49 per cent interest in Island Star Mall Developers Private Limited (ISMDPL), a strategic investment platform established with The Phoenix Mills. The stake will be sold to Phoenix Mills and affiliates. Net proceeds to CPP Investments from the sale will be approximately ₹5450 … Read more
H Shankar, Managing Director, CPCL, at an interaction with media persons in Chennai | Photo Credit: BIJOY GHOSH Chennai Petroleum Corporation Ltd, a standalone refinery company and part of Indian Oil Corporation, reported a net loss of ₹40 crore during the first quarter ended June 30, 2025 as against a net profit of ₹484 crore … Read more