book

The Munjal brothers knew bicycles. They did not have any capital, but possessed the technical knowledge and skills to make their mark in the rapidly growing bicycle industry, he writes

Sunil Kant Munjal recounts his father and uncles' journey of building Hero

Business Standard

New Delhi [India], December 19: SBI General Insurance, one of India's leading General Insurance companies, has successfully implemented the BUSINESSNEXT platform, a specialized Insurance Customer Relationship and Experience Management (CRM) solution, marking a significant milestone in its digital transformation journey.

SBI General Insurance Goes Live with BUSINESSNEXT Platform to Enhance Customer Engagement and Operational Efficiency

Bangalore (Karnataka) [India], December 19: Nita Ambani was filmed stepping into an Indian luxury textile and design store in Bengaluru last night. The Reliance Foundation chairperson was seen entering Angadi Heritage, a big showroom format from The House of Angadi, a luxury retail brand specialising in handloom sarees, textiles, curated ethnic wear and all things Indian luxury in multiple categories. Wearing a dark blue co-ord set, she greeted bystanders with joined hands before entering the store.

Nita Ambani, Reliance Foundation Chairperson, shops for sarees at Angadi Heritage, Bangalore

New Delhi [India], December 19: Nutrela Nutrition, a prominent nutraceutical brand under Patanjali Foods Limited, is excited to announce the appointment of Bollywood superstar and fitness icon Shahid Kapoor as its new brand ambassador. Known for his unwavering dedication to health and his transformative fitness journey, Shahid Kapoor perfectly embodies Nutrela's mission of promoting holistic wellness and balanced living. His influence and commitment to fitness will inspire millions to embrace Nutrela's safe and natural nutraceutical solutions.

Leading Nutraceutical Brand Nutrela Partners with Bollywood Fitness Icon Shahid Kapoor to Promote Natural Wellness Solutions

Markets regulator Sebi has decided to defer the ESG disclosure deadline for value chain partners of listed companies by one year until FY26, giving more time to them to comply with the Business Responsibility and Sustainability Reporting (BRSR) requirements.
Until then, environmental, social and governance (ESG) reporting will remain voluntary instead of the current "comply-and-explain" approach.
The proposal, approved by Sebi's board on Wednesday, is aimed at enhancing ease of doing business for listed companies and their value chain partners in meeting BRSR requirement.
The Sebi's board approved several relaxations and updates for ESG disclosures.
These include "deferring ESG disclosures for value chain", as well as "assessment or assurance" thereof, by one year. Hence, ESG disclosures for value chain shall apply from FY26 (as against the current requirement of FY 2024-25) and "assessment or assurance" thereof shall be applicable from FY 2026-27 (as against the current requiremen

SEBI

The second edition of the Bharat Mobility Global Expo, scheduled to be held at three different venues in the National Capital and Great Noida, is expected to see more than three times footfalls this year compared to the inaugural version year, Engineering Exports Promotion Council (EEPC) said here on Thursday.
It is also expecting a higher participation from the exhibitors.
The council also said that Prime Minister Narendra Modi may inaugurate the six-day Bharat Mobility Global Expo 2025.
To be spread across more than 2,00,000 sq metres with concurrent shows, featuring automobile, auto component and construction equipment segments, among others, across three venues -- Bharat Mandapam in New Delhi, Yashobhoomi in Dwarka (West Delhi) and the India Expo Centre & Mart in Greater Noida, the mega event is likely to see half-a-million visitors this year compared to 1.5 lakh visitors at the 2024 edition, EEPC Chairman Pankaj Chadha told reporters here.
"The Bharat Mobility Expo 2025 ...

Bharat Mobility Global Expo 2024 (Photo: bharat-mobility.com)

Markets Today LIVE: Markets in India are likely to come under heavy pressure on Thursday, following the significant decline on Wall Street after the US Fed's hawkish commentary about future rate cuts

market

The key benchmarks - Sensex, Nifty faced another bear attack on Thursday, with the BSE Sensex crashing 1,162 points or 1.44 per cent to its intraday low of 79020

Bear market, markets, bse, nse, sensex, nifty

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system

US Federal Reserve, Fed

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

Under the Double Tax Avoidance Agreement (DTAA), Switzerland had reduced the withholding tax on Indian entities operating in that country to 5 per cent from 10 per cent earlier

Sunil Barthwal, commerce secretary

In a no-holds-barred attack on the Congress in the Rajya Sabha, Finance Minister Nirmala Sitharaman on Monday accused the grand old party of carrying out major amendments to the Constitution "brazenly to help the family and the dynasty".
She also alleged that it was "anti-woman" for failing to get the women's reservation bill passed when it was in power.
Initiating the discussion on the 'Glorious Journey of 75 Years of the Constitution of India' in the Rajya Sabha, the senior BJP leader said the economic policies of the previous Congress governments for about 50 years did not strengthen India's economy and restricted growth.
She noted that the living document -- the Constitution -- has faced many amendments in the last seven decades.
In her nearly 80-minute speech, she mentioned various amendments to the Constitution during the era of Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi, which were aimed at strengthening the "family" and failed on the other tests of economic and social

Nirmala Sitharaman, Union Finance Minister

Twelve Indian nationals were found dead at a restaurant in Georgia's mountain resort of Gudauri, according to the Indian mission here.
Georgia's Ministry of Internal Affairs said in a statement that no signs of injuries or signs of violence were detected in an initial inspection. All victims died from carbon monoxide poisoning, local media reported, citing police.
The Indian mission in Tbilisi said that all 12 victims were Indian nationals. However, Georgia's internal affairs ministry statement said 11 were foreigners while one victim was its citizen.
It added that the bodies of all victims, employees in the same Indian restaurant, were found in bedrooms on the second floor of the facility.
"Mission has just learned about the death of 12 Indian nationals in Gudauri, Georgia. Deepest condolences to the bereaved families. Mission is in touch with the local authorities to get details of the Indian nationals who lost their lives. All possible assistance will be given," the Indian missi

mountains, hills, mountain

IIFCL is planning to mop up Rs 3,000 crore in two tranches with varying maturities

NPCIL

Lava Blaze Duo 5G with dual screen launched. Motorola Moto g35 5G goes on sale. Apple foldable iPad, iPhone. ChatGPT Projects. WhatsApp dialler on iOS app. Lenovo Legion Go S

Tech Wrap December 16

On Vijay Diwas, PM Modi honoured Indian soldiers whose sacrifices secured victory against Pakistan in the 1971 war, leading to the liberation of Bangladesh

1971 Surrender pic India Pakistan

Allahabad High Court judge Shekhar Kumar Yadav, who purportedly gave controversial statements at a Vishwa Hindu Parishad function, appeared before the Supreme Court collegium on Tuesday, sources said.
According to the sources, Yadav appeared before the collegium headed by Chief Justice Sanjiv Khanna and was asked to put forth his version on the statements made.
The top court on December 10 took note of news reports over the statements and sought a report from the Allahabad High Court on the issue.
"The Supreme Court has taken note of newspaper reports of a speech given by Mr Justice Shekhar Kumar Yadav, a sitting judge of the High Court of Judicature at Allahabad. The details and particulars have been called from the high court and the matter is under consideration," an official statement had said.
According to the established norm, a judge, against whom a report is sought by the apex court collegium on any controversial issue from the high court concerned, is given opportunity to 

Supreme Court, SC

The shift will comprise women employees for all the mining activities of the shift, including heavy earth-moving machinery

Tata Steel, Tata

To counter China's trade dominance and boost US manufacturing and jobs, a strategy beyond high tariffs is essential

trade, containers, trade deal

In our earlier piece in these pages, we highlighted the unwelcome consequences of the exchange rate policy adopted under the outgoing Reserve Bank of India (RBI) regime