Page 44 - Latest News

Hindustan Unilever in talks to buy skincare brand Minimalist for Rs 3K cr

The brand that came into being in 2020 is known for its ingredient-based skincare products. It had raised funds in its series A from Unilever Ventures, and Sequoia Capital India

India, Iran discuss Chabahar port development and trade relations

Located in the Sistan-Balochistan province on the energy-rich Iran's southern coast, the Chabahar port is being developed by India and Iran to boost connectivity and trade ties

Bank of Baroda to UCO Bank: Loan growth of banks picks up pace in Q3

Meanwhile, Yes Bank reported a marginal contraction in deposits during the October-December period (Q3FY25) over the previous quarter

Petronet LNG: Street may await clarity over possible policy changes

There is 95-100 per cent utilisation at Petronet's Dahej terminal whereas other terminals are under-utilised

RBI removes biz restrictions on Kolkata-based Arohan Financial Services

On October 17, the regulator directed four non-banking finance companies (NBFCs) to cease and desist from sanctioning and disbursing loans

China to expand subsidies on smartphone purchases in bid to lift spending

The move is part of China's efforts to encourage consumption to offset the effects of any new US tariffs on Chinese exports, which have been a key growth driver

RBI clears National, Cosmos Co-operative Bank merger, effective January 6

The branches of The National Co-operative Bank, Bangalore (Karnataka), will function as branches of Cosmos Co-operative Bank Limited (Maharashtra) with effect from January 6, 2025

AI can't replace human decision-making on battlefield: Chinese military

The article said another weakness of the technology is its inability to reflect on its own actions or take responsibility for its decisions, unlike human commanders who can refine their plans

Budget wishlist: Pharma firms seek simplified taxes, stronger PLI scheme

Among other demands is the removal of Section 194R related to marketing samples that would ease business operations

Dabur expects muted revenue growth in Q3; Marico upbeat on top line growth

The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter

Gas for LPG set to be diverted to city gas distribution companies

The latest order instructs ONGC and GAIL to divert 0.637 MMSCMD of gas, currently utilised for LPG production, towards CGD. Currently, 2.55 MMSCMD of gas is used for LPG production

State Bank of India unveils two new schemes to boost deposit mobilisation

The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 1,00,000

After P V Sindhu, who will be the next star in Indian women's badminton?

Women's badminton faces uncertainty due to a shrinking talent pool, lack of quality coaches, and overreliance on Gopichand

Securitisation volumes top Rs 68,000 crore in Q3 FY25, says ICRA

ICRA estimates say private sector banks account for Rs 25,000 cr, NBFCs for remaining Rs 43,000 cr

BharatPe parent to sell up to 25% stake in Unity SFB for $800 million

The move is in line with regulatory requirements to reduce its holding in the bank to 10 per cent by 2029, irrespective of the listing of Unity SFB, said sources

BharatPe parent to sell up to 25% stake in Unity SFB for $800 mn

According to the licensing requirements, BharatPe has to bring down its stake in the bank to 10 per cent within eight years from the bank's operations

Film producer Vipul Shah's Sunshine Pictures files for IPO to raise funds

The company plans to utilise the proceeds from the fresh issue to meet its long-term working capital requirements

Turning tide: Fintech firm Paytm's Ebitda likely to break even this quarter

Brokerages expect improved contribution of financial services into revenue pie

IPO Calendar: 11 public offerings to keep investors busy next week

From opening to allotment and listing, here is the complete list of IPO activities set to keep the D-Street investors busy next week

Quadrant future IPO to open on Jan 7 with price band of Rs 275-290/share

The net proceeds from its fresh issuance, amounting to Rs 149.72 crore, will be utilised by the company to fund the long-term working capital requirements (Specialty Cable Division)