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Business Standard

Mizuho to acquire over 60% in KKR-backed Avendus

Japan's Mizuho Financial Group on Wednesday said it will acquire a controlling over 60 per cent stake in Avendus Capital through its subsidiary, Mizuho Securities, by buying out the stake held by US-based private equity firm KKR via Redpoint Investments in the investment bank, subject to regulatory approvals.

2 min  |

December 18, 2025

Business Standard

India can be a global hub for research and learning: CEA

Chief Economic Advisor (CEA) V Anantha Nageswaran on Thursday said India can become a new global destination for learning, research and ideas in an uncertain world if the momentum gained under the National Education Policy (NEP) 2020 is followed by reforms pushed by state governments.

1 min  |

December 18, 2025

Business Standard

FinMin asks 3 RRBs to give IPO blueprint by March-end

“A checklist of statutory compliances required from regulators, such as Sebi and RBI, will be prepared, along with a draft proposal, which will be submitted for vetting by end of this financial year,” the official added.

1 min  |

December 18, 2025

Business Standard

India may oppose US call to dismantle WTO's MFN rule

New Delhi says Washington demand may multilateralise reciprocal tariffs it has imposed

2 min  |

December 18, 2025

Business Standard

Google looks to take on Nvidia with Meta help

Alphabet’s Google is working on anew initiative to make its artificial intelligence chips better at running PyTorch, the world’s most widely used AI software framework, in a move aimed at weakening Nvidia's longstanding dominance of the AI computing market, according to people familiar with the matter.

1 min  |

December 18, 2025

Business Standard

Indigo COO, DGCA officials appear before House panel

Committee finds replies ‘evasive, unconvincing’

1 min  |

December 18, 2025
Business Standard

Business Standard

'Axis Bank would like to be at forefront of acquisition financing'

How much would you look to sell if you do so?

3 min  |

December 18, 2025

Business Standard

Multi-lane free flow tolling by 2026-end, says Gadkari

The Centre's latest intervention to make highway use seamless and reduce leakages, Multi Lane Free Flow (MLFF) toll collection, will be implemented across the country by the end of next year, Union Road Transport and Highways Minister Nitin Gadkari informed Parliament on Wednesday.

1 min  |

December 18, 2025

Business Standard

India offers largest active user-base mkt for AI apps

Indian telecom service providers (TSPs) Reliance Jio and Bharti Airtel will be ramping up usage of artificial intelligence (AI) or large language model (LLM) apps to boost monetisation opportunities. These would come from higher data consumption by users and upselling personalised products, as the country becomes the world’s largest market for these apps by active number of users.

1 min  |

December 18, 2025

Business Standard

Need clear timelines for NCLAT: Panel

‘The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.

2 min  |

December 18, 2025

Business Standard

Markets regulator overhauls MF cost framework, stockbroking rules

Base expense ratios for close-ended schemes have also been reduced.

2 min  |

December 18, 2025

Business Standard

Xiaomi to expand non-mobile biz

In a shift in strategy, Chinese smartphone manufacturer Xiaomi is focusing on expanding in India its share in businesses other than smartphones, such as televisions, wearables, and tablets, even as it makes a big push towards premiumisation in mobile phones, in which volumes are stagnating.

2 min  |

December 18, 2025

Business Standard

SC ends protection to BS-III and older vehicles in Delhi-NCR

Recommends suspension of toll collection at nine entry points at Delhi's borders

2 min  |

December 18, 2025
Business Standard

Business Standard

Coursera to buy Udemy, create $2.5 bn firm to target AI training

Online education platform Coursera said on Wednesday it would buy rival Udemy in an all-stock deal, valuing the combined company at $2.5 billion, as the industry consolidates after a post-pandemic slowdown and heightened investor scrutiny.

1 min  |

December 18, 2025

Business Standard

Eternal's Goyal on top, IndiGo promoters fly to 3rd spot

Deepinder Goyal of Eternal has topped the IDFC FIRST Private Banking-Hurun India Top-200 Self-made Entrepreneurs of the Millennia 2025 list with a valuation of ₹3.2 trillion, up 27 per cent from last year.

1 min  |

December 18, 2025

Business Standard

Taxpayer-friendly NUDGE campaign: Who should worry?

The income-tax department has launched a targeted compliance campaign after detecting widespread misuse of donation-related tax deductions, particularly involving unrecognised political parties and dubious charitable institutions.

1 min  |

December 18, 2025
Business Standard

Business Standard

India to offer many opportunities for next 500 mn users: Prosus' Sharma

Prosus, the Amsterdam-based technology investor with net assets valued at over $200 billion spanning payments to ecommerce, has identified India as one of its most critical growth markets, and is increasing its strategic investments here.

3 min  |

December 18, 2025

Business Standard

Why are children's mutual funds becoming popular?

Children's mutual funds, once a niche category, are now becoming a key tool for long-term investment planning for education in Indian households.

1 min  |

December 17, 2025

Business Standard

Arpu gains set to support Bharti Airtel's valuation

Lower capex, customer upgrade among major drivers

2 min  |

December 17, 2025

Business Standard

₹ slips past 91/$ amid FPI outflows, riskoff trade

In Rajya Sabha, minister cites trade gap, delay in India-US deal as reasons

3 min  |

December 17, 2025

Business Standard

In defence of Pax Americana

For some, patriotism often evokes criticism, frustration and feelings of betrayal about the state of affairs in their country.

3 min  |

December 17, 2025
Business Standard

Business Standard

My goal is to ensure every dark spot in India is lit up by satcom: Scindia

At a time when satellite broadband is at the centre of policy-making in the Department of Telecommunications (DOT), connecting the unconnected areas in the country has emerged as the goalpost for the government.

2 min  |

December 17, 2025

Business Standard

Claim refunds and tax credits, carry forward house property loss

With the December 31 deadline for filing a belated return fast approaching, individual taxpayers who missed the original income-tax return (ITR) filing date are running out of time to set things right.

3 min  |

December 17, 2025

Business Standard

In a first, Volkswagen to end production at German factory

The last vehicle will roll offthe assembly line at Volkswagen’s plant in Dresden, Germany, on Tuesday, marking the first time in the automaker's 88-year history that it has closed a plant in its home country.

1 min  |

December 17, 2025

Business Standard

Citroën India sees threefold rise in Q4 sales on strategy shift

The new localisation strategy seems to be paying off for Citroën India.

2 min  |

December 17, 2025
Business Standard

Business Standard

One Bondi Beach shooter was a native of Hyderabad

Sajid Akram, one of the two suspects in the recent mass shooting at Bondi beach in Australia, is a native of Hyderabad, the Telangana Police said on Tuesday. He migrated to Australia 27 years ago and had limited contact with his family in Hyderabad, the Telangana DGP office said in a statement.

1 min  |

December 17, 2025

Business Standard

Dense fog grounds 200 flights in North India

Dense fog continued to disrupt flight operations across northern India for the second day running on Tuesday, with around 200 flights cancelled in the region and hundreds more delayed, industry sources said.

1 min  |

December 17, 2025
Business Standard

Business Standard

B Sairam takes charge as Coal India chairman

B Sairam (pictured) on Monday took over as chairman-cum-managing director of Coal India Limited (CIL), the country’s largest coal producer, with effect from December 15.

1 min  |

December 17, 2025

Business Standard

Insurance firms get into a huddle

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of India (Irdai), while there is ambiguity in the very definition of the insurance business, according to industry experts.

2 min  |

December 17, 2025

Business Standard

NMC asks colleges to set up panels to track prescription practices

The National Medical Commission (NMC) has instructed medical colleges across India to constitute subcommittees aimed at rigorously monitoring prescription practices and reinforcing the crucial role of clear handwriting in medical documentation.

1 min  |

December 17, 2025
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