Medhaa Gupta
Amid a row over L&T Chairman SN Subrahmanyan's 'How long can you stare at your wife?' remark, Mamaearth Co-Founder Ghazal Alagh shared a picture with her husband and co-founder Varun, saying, "Sundays are for staring." Steadview Capital's Puneet Kumar also shared a picture with his wife, saying, "Staring at my wife on a Sunday morning after a good workout!"
Jan 13th, 2025
Ankush Verma
Amid the controversy over L&T Chairman SN Subrahmanyan's 90-hour workweek remarks, L&T's HR head Sonica Muraleedharan said that his remarks were misinterpreted. "I can confidently state that SNS never implied or mandated 90-hour work weeks...He treats every employee as part of an extended family...He always encourages us to...grow both personally and professionally," she added.
Jan 13th, 2025
System User
India's iconic Mumbai Trans Harbour Link or the Atal Setu witnessed movement of over 5 lakh commercial vehicles in the past one year. The Atal Setu was inaugurated by Prime Minister Narendra Modi on January 13, 2024. Atal Setu has facilitated the movement of 83,06,009 vehicles, contributing significantly to smoother and faster transit between Mumbai and Navi Mumbai.
Jan 13th, 2025
Medhaa Gupta
The item that became the costliest in India in the year till December 2024 is peas with a year-on-year inflation of 89.12%. It is followed by potato (68.23%), garlic (58.17%), coconut oil (45.41%) and cauliflower (39.42%). The key items that have become cheapest in the same period are jeera (-34.69), ginger (-22.93%), dry chillies (-10.32%) and LPG (exclusive conveyance) (-9.29%).
Jan 13th, 2025
Medhaa Gupta
India's retail inflation declined to a fourth-month low of 5.22% in December last year, as per the government data released on Monday. Moreover, food inflation for the month is 8.39%, dropping below 9% for the first time in four months. The year-on-year housing inflation rate for December is 2.71%, which is slightly lower than 2.87% in November.
Jan 13th, 2025
Ankush Verma
Cash-strapped Pakistan has discovered 2.8 million tolas of gold, valued at 800 billion Pakistani rupees, spread across a 32 kilometre stretch in Attock, former Mining Minister of Punjab, Ibrahim Hasan Murad, announced. He said that the discovery was scientifically verified with Geological Survey of Pakistan conducting thorough sampling from 127 sites.
Jan 13th, 2025
System User
Indian equities extended the fall on the fourth straight session on Monday, January 13. Around 490 stocks hit 52-week low on BSE, which includes Adani Wilmar, Shree Renuka Sugars, Tube Investment, SJVN, GMR Airports, IOC, L&T Finance, Engineers India, Hindustan Copper, Central Bank of India, Mishra Dhatu, Astral, BHEL, SAIL, UCO Bank, Rajesh Exports, Laxmi Organic, NMDC Steel, among others.
Jan 13th, 2025
System User
Indian equity markets witnessed a sharp fall on Monday, January 13, with benchmark indices and the Rupee tumbling to multi-month lows. The fall was triggered by a convergence of global and domestic factors. Top Gainers or in other words, only 5 stocks in the Nifty50 managed to stay positive., they are - Axis Bank, TCS, HUL, IndusInd Bank, and HCLTech.
Jan 13th, 2025
System User
Indian markets are under pressure due to weak GDP forecasts, foreign investor outflows, rupee depreciation, and liquidity concerns. While large caps struggle, small- and mid-caps face volatility but hold potential. Factors like budget announcements, domestic demand, and sectoral shifts could shape market movements in 2025.
Jan 13th, 2025
Bhuvnesh Ojha
Stockbroking firm Groww is involved in discussions with multiple investment bankers regarding its IPO, aiming to raise approximately $700 million at valuation of $7-8 billion, Moneycontrol reported. The listing would be first IPO by a digital trading platform in India. The targeted valuation is more than double $3 billion it was last valued at its funding round in October 2021.
Jan 13th, 2025
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