Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…
Indian companies are likely to see higher wage bills as they adjust HR policies and compensation structures to comply with the new four labour codes. Experts estimate manpower costs could rise 5-10%, or even more for some firms.The increase in wage expenses is largely driven by higher costs for benefits such as gratuity, overtime, bonuses,…
Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart,…
NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network….
MUMBAI: Reserve Bank of India has hacked through its regulatory rulebook in what it describes as a once-in-a-generation overhaul, consolidating circulars issued over seven decades of instructions into 244 master directions tailored to 11 categories of regulated entities. The exercise has eliminated 9,446 circulars, some dating back to 1944, replacing a dense and scattered web…
MUMBAI: The directors of Tata Sons met Friday, over two months after ex-bureaucrat Vijay Singh resigned from the board. The meeting, chaired by N Chandrasekaran, discussed and considered routine corporate matters related to the company and its affiliated entities, said people aware of the matter. Apart from Chandrasekaran, the board consists of five members, including…
MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the…
NEW DELHI: India is hopeful of reaching a framework trade deal with the US this year that should address the tariff issue to the benefit of Indian exporters, commerce secretary Rajesh Agrawal said here Friday. While a bilateral trade agreement (BTA) will take time, a framework trade deal will address the reciprocal tariff challenge faced…
MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next…
Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes…