Page 377 - Latest News

MakeMyTrip weighs India IPO as part of long-term plan after Nasdaq listing

Travel services platform considers Indian stock market debut more than 15 years after NASDAQ listing to access domestic capital and strengthen its presence in the country

Nebius signs AI infrastructure deals with Meta worth up to $27 bn

Nasdaq-listed Nebius shares, which closed at $112.50 on Friday, have risen 35 per cent so far this year, giving it a market capitalization of $28.6 billion

Unemployment rate eases to 4.9% as urban hiring picks up: PLFS data

Urban hiring activity picks up after winter lull as overall unemployment rate falls slightly in February, according to the latest PLFS monthly bulletin

IDBI Bank shares plunge 16.5% amid reports govt may scrap stake sale

Stock falls sharply after reports suggest the government may scrap the proposed stake sale in IDBI Bank as bids reportedly came below the reserve price set for the divestment

WPI inflation at 11-month high of 2.13% in February, shows govt data

Factory-gate inflation rises to an 11-month high in February, driven by higher prices of primary goods and manufactured products, while fuel and power remain in deflation

Mumbai to host Global Esports Games World Finals from March 19-22

Over 70 athletes from 23 countries and territories will compete in DOTA 2 and Clash Royale as India hosts the international national-team esports championship for the first time

India, US set to clash on WTO reforms ahead of 14th ministerial meeting

India and the US are set to clash over WTO reforms ahead of the MC14 meeting, with New Delhi defending core principles like consensus decision-making and the MFN rule

Foxconn forecasts strong revenue growth for 2026 even as profit lags

Foxconn's guidance for both first quarter and full year revenue are for "strong growth", the highest outlook it can give, as the company does not provide a numeric outlook

Extended duty limits could threaten flight safety: Pilots' union to DGCA

Federation of Indian Pilots warns that DGCA's temporary relaxation in flight duty limits for Air India long haul flights could heighten fatigue risks and compromise safety

The Ground Breaker: A model autobiography of the redoubtable Kanwal Rekhi

Kanwal Rekhi's delightful autobiography paints a picture of the US, its strengths and weaknesses, through the eyes of the first wave of talented Indian entrepreneurs

RBI's clarity of communication will be as critical as the policy itself

In inflation-targeting economies such as India, communication is a key instrument of monetary policy

NFRA suggests stronger internal control operations for audit companies

The others include improving documentation and a better assessment of keeping arm's length in giving loans to subsidiaries

Iran war: OMCs face further downgrades if crude oil prices stay elevated

Rising crude prices and unchanged retail fuel rates could squeeze marketing margins of oil marketing companies and trigger further rating downgrades if the Iran conflict persists

Nomura cuts Dec 2026 Nifty target by 15%; mid, smallcaps at risk

The research and broking house sees up to 10 - 15 per cent risk to consensus earnings estimates for FY27F in case oil prices remain at elevated levels.

India should join other middle powers to protect the global rule of law

The principal medium-term, geopolitics-related challenge that India will face is the drift of the US towards becoming an isolated and arrogant global power, or, more accurately, a global bully

US-Iran conflict puts foreign portfolio investors back in risk-off mode

Foreign portfolio investors pull out ₹58,064 crore from Indian equities this month as geopolitical tensions and rising crude prices trigger renewed risk-off sentiment

Cost asymmetry: Shift in modern warfighting an opportunity for Indian firms

The star for the Iranian side has been the Shahed-136 unmanned aerial vehicle (UAV), which carries a 25-kg warhead and costs less than $30,000 to make

Sensex, Nifty get a breather; broader markets remain under pressure

Benchmark indices rose over 1% after last week's steep fall, led by HDFC Bank, ICICI Bank and Reliance Industries, but broader markets stayed weak amid rising crude prices and global tensions

West Asia war: IndiGo to face pressure from fuel price spike, says Moody's

Moody's says rising jet fuel prices amid Middle East tensions may pressure IndiGo's profitability, though its short booking cycle could allow cost pass-through over time

QE Global Schools plans more India campuses after Gurugram debut: CEO

CEO Caroline Pendleton-Nash says QE Global Schools will look for more India campuses after its Gurugram school opens in August 2026, while also expanding in West Asia