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Hyundai India's November sales dip 24.2% YoY on semiconductor shortage

The company's exports during the month also dropped 4.7 per cent year-on-year to 9909 units, it said.

HDFC, Bajaj Finance hike rates on long term deposits ahead of RBI meet

India's largest mortgage lender, HDFC Ltd, hiked its long-term rates by upto 15 basis points (bps)

Samsung, Acer bid for UP govt's tablet and smartphone scheme

The government has estimated to incur Rs 2,500 cr and Rs 2,200 on tablets and smartphones

Hiring demand up 9% YoY in Oct, dips sequentially: Monster Employment Index

Hiring in hospitality and travel roles saw the highest month-on-month growth, indicating overall promising recovery for the sector

Top MF execs to speak at Business Standard BFSI Insight Summit on Tuesday

The keynote speaker for the evening will be Usha Thorat, chairperson of the Mutual Fund Advisory Committee and former RBI deputy governor

Paytm can grow its value going forward, says Softbank's Masayoshi Son

While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn

RIL exits US shale gas business by divesting Eagleford Upstream asset stake

Reliance Eagleford Upstream Holding announced the signing of agreements with Ensign Operating III, LLC, a Delaware limited liability company to divest its interest in certain upstream assets

H2O.ai closes $100 million in funding led by Commonwealth Bank of Australia

The rapid adoption of the H2O AI Cloud has accelerated the company's growth

18% GST on insurance premium is atrocious: Former IRDAI member Nilesh Sathe

Says insurance becomes a necessity in the absence of any social security for citizens, nowhere else in the world one has to pay such heavy tax on premium

Chip crisis, second Covid-19 wave drag Pricol Q2 net down 64% to Rs 13 cr

The company's total income stood at Rs 390 crore during the quarter, up a marginal 1%

EID Parry net profit down 17% to Rs 470 crore in Q2 on dip in exports

Consolidated sugar operations, including refinery business, reported a loss before interest and tax of Rs 28 crore during the quarter

TVS Motor chairman Venu Srinivasan receives Padma Bhushan from President

Srinivasan is credited for the transformation of TVS from a 50cc moped maker in the 1980s to the third largest two-wheeler manufacturer in India

IBM opens new innovation centre focused on hybrid cloud and AI in Mysuru

The unit aims to support clients in the transformation of their business, by using delivery capabilities throughout the system development life cycle, from design to architecture to creation

MCA21's version-3 to offer better user experience, enhanced scrutiny

The main purpose of the portal would also be to facilitate seamless integration and data exchange among regulators

Ladies Who Lead raises seed funding from Akasa Air co-founder Aditya Ghosh

Platform for India's top and emerging women leaders appoints him as Chief Mentor

Latent View Analytics IPO opens Nov 10; price band at Rs 190-197 a share

Latent will use the fresh issue proceeds for inorganic growth initiatives and for investment in its subsidiaries to augment its capital base

PolicyBazaar IPO subscribed 16.6x

SJS Enterprises' offering just about managed to scrape, while Sigachi Industries was subscribed 71x

Faze Technologies raises $17.4 mn in seed round led by Tiger Global

Coatue, Sequoia Capital India, Samsung Next among other participants

Zee to hold board meeting to consider Q2 earnings on November 11

The company, which has been immersed in a legal battle with its largest shareholder, had cancelled Octo­ber 27 board meet citing lack of quorum

Public cloud adoption in India to rise 30% to $7.3 bn in 2022: Gartner

The sector has accelerated since the onset of the pandemic, which was a tipping point for Indian businesses to realise its true value, says Gartner