Reporter News - IBJ Bureau
Republicans push Trump’s tax bill as CBO estimates spurt...
- Jun 30, 2025
Senate Republicans pushed forward President Donald Trump's sweeping tax cut and spending bill on Sunday in a marathon weekend session. However, a...
SEBI’s recent measures take another giant leap in...
- Jun 29, 2025
There was a surge of reforms at the last month’s board meeting of the Securities and Exchange Board of India (SEBI). The markets regulator unveiled...
JSW Paints to acquire 74.76% stake in Akzo Nobel for Rs...
- Jun 28, 2025
JSW Paints will buy 74.76 per cent in Dutch paint-maker Akzo Nobel’s Indian arm for about Rs 8,986 crore. The acquisition is seen as the...
New India Assurance Company slapped with GST notice of Rs...
- Jun 27, 2025
New India Assurance Company has said that tax authorities have issued a show-cause notice with a demand of Rs 2,298 crore Goods and Services Tax...
JSW Steel files review petition over BPSL case in the...
- Jun 26, 2025
JSW Steel has filed a review petition before the country’s top court, related to rejection of its $2.3-billion takeover plan of Bhushan Power and...
NITI Aayog stresses on quality of data to promote digital...
- Jun 25, 2025
NITI Aayog has released the third edition of its quarterly insights series of Future Front, titled, India’s Data Imperative: The Pivot Towards...
Oman plans to impose income tax on top earners to diversify...
- Jun 24, 2025
Oman plans to levy personal income tax as a part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons.The tax would...
Non-fossil fuel powers almost half of India’s total...
- Jun 23, 2025
Nearly half of India’s installed power generation capacity of a total of 476 gw is based on non-fossil fuel as of June. But coal-based thermal...
MNRE launches Rs 2.3-cr startup innovation challenge to...
- Jun 22, 2025
The Ministry of New and Renewable Energy (MNRE) has launched a Rs 2.3-crore startup innovation challenge with an aim to accelerate adoption of...
HAL bags SSLV technology transfer project from ISRO,...
- Jun 21, 2025
Hindustan Aeronautics (HAL) has won a bid for transfer of technology (ToT) of small satellite launch vehicle (SSLV), a key ISRO project designed to...
Govt puts more curbs on gold, silver; mixed metals shifted...
- Jun 20, 2025
The government has put further curbs on import of gold and silver. It has shifted merchandise where gold and silver are mixed with other metals or in...
SEBI relaxes norms for AIFs, FPIs to boost investments and...
- Jun 19, 2025
SEBI has permitted co-investment opportunities in unlisted securities under the AIF framework and cleared the proposal to do away with prohibition on...
SEBI allots F&O expiry days, NSE gets Tuesday, and it is...
- Jun 18, 2025
National Stock Exchange (NSE) has received capital market regulator SEBI’s nod for Tuesday as its expiry day, according to a company filing on June...
India emerges as key regional powerhouse as Nepal supplies...
- Jun 17, 2025
Nepal has begun exporting 40 mw of electricity to Bangladesh through India’s power grid. This is Nepal’s first move into the international energy...
Household savings slip for the third year in a row to 18.1%...
- Jun 16, 2025
India’s household savings have slipped to a new low for the third consecutive year, falling to 18.1 per cent of GDP in FY24, according to a report...
ITC wraps up Rs 472.50-crore acquisition of Sresta Natural...
- Jun 15, 2025
Multi-conglomerate ITC has completed acquisition of Sresta Natural Bioproducts (SNBPL), which owns the 24 Mantra Organic brand in an...
SPIRITUAL CORNER - Bliss Only In Self-Realisation
- Jun 14, 2025
Dadashri: What do all the living beings (jivas) search for? They are looking for happiness, but the happiness is short-lived. People go out to...
NTPC gets $750-million foreign currency loan from BoB and...
- Jun 14, 2025
NTPC has announced that it has signed a foreign currency loan agreement worth $750 million with the IFSC banking units of Bank of Baroda (BoB) and...
RBI relaxes norms for KYC update by banks, REs amid...
- Jun 13, 2025
The RBI has issued fresh guidelines, aimed at easing the process of know-your-customer (KYC) update, especially for accounts linked to government...
Key changes in Pride Hotels’ top leadership, Atul...
- Jun 12, 2025
Pride Hotels Group has elevated its senior leadership team to key positions across strategic regions. The move highlights the Mumbai-based...
Deal is done, claims Trump, as US and China seem to agree...
- Jun 12, 2025
Talks aimed at cooling tensions between the US and China have ended in a “deal”, according to US President Donald Trump.He has said that China...
Invest UP meet to promote GCC sector draws top corporate...
- Jun 12, 2025
Invest UP, the Uttar Pradesh government’s premier investment promotion agency, recently organised a high-profile conclave at Taj Hotel, Lucknow, to...
Government unveils VGF of Rs 5,400 crore to boost 30-gwh of...
- Jun 11, 2025
The government has announced a viability gap funding (VGF) worth Rs 5,400 crore for developing 30-gwh of new battery energy storage systems (BESS) to...
Government’s nod for Micron Semiconductor’s Rs...
- Jun 10, 2025
The government has approved Micron Semiconductor’s Rs 13,000-crore proposal to set up its special economic zone (SEZ) facility in Sanand in...
Bill Atkinson, former Apple employee who made computers...
- Jun 09, 2025
Bill Atkinson, a former employee of Apple who developed the Macintosh graphical user interface (GUI) and some early smartphones, has passed away at...
India’s extreme poverty rate dips to 5.3% as World Bank...
- Jun 08, 2025
India’s extreme poverty rate declined sharply to 5.3% over a decade from 27.1 per cent in 2011-12, even as the World Bank revised upwards its...
RBI slashes Repo Rate by 50 basis points to 5.5%, loans set...
- Jun 07, 2025
The Reserve Bank of India (RBI) lowered the Repo Rate on Friday by 50 basis points, as global economic uncertainty continues.The decision came after...
Dassault, Tata join hands to make Rafale fighter jet parts...
- Jun 06, 2025
Rafale manufacturer Dassault Aviation has partnered with the Tata Group to manufacture some parts of the fighter jets for India and other global...
Census will be conducted in two phases from March 2027,...
- Jun 05, 2025
The Centre has announced that the next nationwide census will commence from March 1, 2027.The Population Census-2027 will be conducted in two phases,...
India moves WTO for talks with US over tariffs on auto...
- Jun 04, 2025
India on Tuesday sought consultations with the US under the World Trade Organization’s (WTO) safeguard agreement over American tariffs on auto...
New policy SPMEPCI unveiled for manufacturing electric...
- Jun 03, 2025
The Ministry of Heavy Industries has announced detailed guidelines for its electric car (e-car) manufacturing policy, the Scheme to Promote...
RECPDCL hands over WRNES Talegaon Power Transmission SPV to...
- Jun 02, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, a State-run Maharatna corporation under the aegis of Ministry of...
Gross GST mop-up at Rs 2.01 lakh crore in May, total...
- Jun 02, 2025
Gross Goods and Services Tax (GST) collections remained above the Rs 2-lakh crore mark for the second month in a row, rising 16.4 per cent in May to...
US President Trump to double tariffs on imports of steel...
- Jun 01, 2025
US President Donald Trump has announced that the US will double its current tariff on steel and aluminium imports from 25 to 50 per cent, starting on...
FY25 economic growth at four-year low of 6.5%; Q4 GDP...
- May 31, 2025
India’s economy grew by 6.5 per cent in 2024-25, marking its slowest pace in four years, according to data released by the National Statistics...
Amid twists and turns, US appeals court temporarily...
- May 30, 2025
The latest turn in US President Donald Trump’s tariffs drama on Thursday saw a federal appeals court reinstating his tariffs plan. The order came...
SEBI bars IndusInd ex-CEO, four others from markets over...
- May 29, 2025
The Securities and Exchange Board of India (SEBI) has barred former Chief Executive Officer of IndusInd Bank, Sumant Kathpalia, and four others from...
Rakesh Gangwal, family trust offload 5.7% in IndiGo for Rs...
- May 28, 2025
InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in IndiGo for about Rs 11,559 crore through a...
NITI Aayog calls for new measures to help medium...
- May 27, 2025
NITI Aayog has recommended several targeted interventions to help medium enterprises emerge as drivers of innovation, employment and exports. They...
ONGC strikes oil and gas in two OLAP blocks in Mumbai...
- May 26, 2025
State-owned Oil and Natural Gas Corporation (ONGC) has made promising offshore oil and gas discoveries in the Mumbai Offshore basin that could help...
Centre ratifies 8.25% interest rate on EPF deposits for...
- May 25, 2025
The Centre has officially ratified an 8.25 per cent interest rate on Employees’ Provident Fund (EPF) deposits for 2024-25. This locks in stable,...
RBI’s highest-ever dividend of Rs 2.69 l cr to government...
- May 24, 2025
The board of Reserve Bank of India (RBI) has announced a dividend payout of Rs 2.69 lakh crore to the Central government for 2024-25. This is the...
Brookefield targets to more than triple its Indian AUM to...
- May 23, 2025
Brookfield Asset Management, one of the world’s largest alternative investment firms, is aiming to more than triple its assets under management...
REC successfully raises ₹5,635 crore through private...
- May 23, 2025
REC Limited, a maharatna CPSU and a leading NBFC under the ministry of oower, has successfully raised ₹5,635 crore through private...
Morgan Stanley’s revised target sees Sensex hitting...
- May 22, 2025
In a new equity strategy note, Morgan Stanley has revised its base case target for the Sensex to 89,000 by June 2026. The global brokerage projects...
Government to put in Rs 1,280 crore in infrastructure...
- May 21, 2025
Union Food Minister Pralhad Joshi has said that the government will invest around Rs 1,280 crore to upgrade infrastructure of existing godowns of...
Supreme Court quashes telecom companies’ plea seeking...
- May 20, 2025
The Supreme Court has dismissed the pleas of telecom companies Vodafone Idea, Airtel and Tata Teleservices seeking waiver of adjusted gross revenue...
India, EU complete another round of talks, look to reach...
- May 19, 2025
India and the European Union (EU) chief negotiators have concluded another round of talks on the proposed free trade agreement (FTA) and agreed to...
Dailyhunt parent company VerSe to slash around 350 jobs in...
- May 18, 2025
VerSe Innovation, the parent company of content platform Dailyhunt and short video app Josh, has announced that it will cut approximately 350 jobs as...
Farm, pharma, electronics & engineering goods make up over...
- May 17, 2025
Agriculture, pharmaceuticals, electronics and engineering goods together accounted for over 50 per cent of India’s merchandise exports in 2024-25,...
First monthly jobs data reveals 5.1% unemployment rate in...
- May 16, 2025
The rate of unemployment in the country measured in monthly term for the first time stood at 5.1 per cent in April this year, showed the government...
HCL Group, Foxconn JV’s Jewar semiconductor plant gets...
- May 15, 2025
The Union Cabinet has approved a new semiconductor plant, a joint venture between the HCL Group and Taiwan’s Foxconn, costing Rs 3,706 crore,...
SEBI relaxes norms for FPIs investing exclusively in...
- May 14, 2025
The SEBI has proposed to simplify rules and ease regulatory compliance for FPIs that invest exclusively in Indian government bonds via the voluntary...
MSMEs see 20% average growth in revenue after integrating...
- May 13, 2025
MSMEs in tier-II and -III cities have reported an average 20 per cent growth in their revenues after their integration with the government’s Open...
Mumbai, Delhi, Karnataka allotted stiff higher targets to...
- May 12, 2025
umbai, Delhi and Karnataka would lead the direct tax collection charge with enhanced targets for FY26. These States will have to bear burden of the...
Adani deploys India’s first hydrogen truck for mining...
- May 11, 2025
Adani Enterprises, the flagship company of the Adani Group, has deployed India’s first hydrogen-powered truck for mining logistics in Chhattisgarh,...
TRAI recommends spectrum rate for satcom companies at 4% of...
- May 10, 2025
The Telecom Regulatory Authority of India (TRAI) has recommended that satellite communication (sitcom) companies like Starlink pay 4 per cent of...
REC’s total revenue rises by 19% to Rs 55,980 crore in...
- May 09, 2025
The Board of Directors of REC today approved the audited standalone and consolidated financial results for the year ended March 31,...
RBI eases norms for FPIs’ investments in corporate bonds...
- May 09, 2025
The Reserve Bank of India (RBI) has relaxed norms for investments by foreign portfolio investors (FPIs) in corporate debt securities through the...
India’s climate-funding bill for net-zero emission by...
- May 08, 2025
India may require financing to the tune of $2.5 trillion by 2030 for climate transition, given its pledge to achieve net-zero emission by 2070, the...
India, UK seal FTA deal, pact targets $100-billion...
- May 07, 2025
India and the UK sealed a historic free trade agreement (FTA) on May 6, which is expected to benefit 99 per cent of Indian exports from...
SPIRITUAL CORNER - The Nature Of Ego
- May 07, 2025
Questioner: Which one goes through birth and death (the coming and going; avagaman), the Soul or the body?Dadashri: Neither the body nor the Soul...
AT THE HELM - Vikas Kaushal, CMD, HPCL
- May 07, 2025
In mid-March, Vikas Kaushal assumed charge as chairman and managing director of Hindustan Petroleum Corporation (HPCL). Interestingly, Mr...
Iron ore production rises by 4.3% to 289 mt in 2024-25 amid...
- May 06, 2025
The country’s iron ore production rose by 4.3 per cent to 289 million tonnes (mt) in 2024-25 over the output in the year-ago period.Iron ore...
Buffett to hang up his boots by year-end, passing the baton...
- May 05, 2025
Billionaire businessman Warren Buffett, 94, has announced that he will step down as CEO of multinational conglomerate Berkshire Hathaway at the end...
ICAI drafting research paper to assist SEBI in tackling...
- May 04, 2025
The Institute of Chartered Accountants of India (ICAI) will be preparing a research paper to help markets watchdog Securities and Exchange Board of...
BIMSTEC offers India the unique scope of integrating the...
- May 03, 2025
The BIMSTEC summit in the Thai capital of Bangkok unfolded in the backdrop of a huge upheaval early last month. Barely a week before the summit, host...
Tesla’s Robyn Denholm denies report of board seeking to...
- May 02, 2025
Tesla Chairperson Robyn Denholm has denied a Wall Street Journal report that had said that board members about a month ago had reached out...
Sugarcane FRP for upcoming 2025-26 season hiked by 4.41% to...
- May 01, 2025
The government has decided to increase the Fair and Remunerative Price (FRP) of sugarcane by 4.41 per cent to Rs 355 per quintal for the upcoming...
RBI launches inflation, consumer confidence surveys for...
- Apr 30, 2025
The Reserve Bank of India (RBI) on Tuesday launched three key surveys, including inflation expectations, to gather useful inputs for monetary policy...
Govt sets up committee to draft new National Manufacturing...
- Apr 29, 2025
The government has set up an inter-ministerial committee to frame the broad contours of the proposed National Manufacturing Mission, announced in the...
In expansion drive, CPRL to double McDonald’s outlets to...
- Apr 28, 2025
Connaught Plaza Restaurants (CPRL), the master franchiser for McDonald’s restaurants in India for north and east regions, has plans to invest up to...
India eradicates 17.1 crore people from extreme poverty...
- Apr 27, 2025
India has lifted 171 million (17.1 crore) people from extreme poverty in the decade between 2011-12 and 2022-23, the World Bank has said.“Over the...
Net direct tax mop-up target for FY25 met with highest-ever...
- Apr 26, 2025
Provisional net direct tax collection for the 2024-25 financial year has met the set target, growing by 13.57 per cent to over Rs 22.26 lakh crore....
Airtel seeks conversion of its spectrum and AGR dues into...
- Apr 25, 2025
Bharti Airtel has formally approached the Department of Telecommunications (DoT), seeking conversion of its deferred government dues into equity....
GCCs to add 4 lakh jobs for freshers by 2030 and improve...
- Apr 24, 2025
India’s global capability centre (GCC) workforce, which will reach 30 lakh by 2030, is likely to create four lakh jobs for freshers by 2030. This...
Cheaper Russian oil eats into OPEC’s share in Indian oil...
- Apr 23, 2025
Share of Organization of Petroleum Exporting Countries’ (OPEC) oil in India’s imports fell to a record low in 2024-25 as refiners continued to...
RBI lowers buffer rate to 2.5% for digitally-linked...
- Apr 22, 2025
The Reserve Bank of India (RBI) on Monday directed lenders to assign a lower-than-proposed buffer rate of 2.5 per cent on digitally-linked deposits,...
MTNL defaults on Rs 8,346.24-crore loans from seven...
- Apr 21, 2025
State-run telecom company MTNL has defaulted on bank loans worth Rs 8,346.24 crore from seven public sector banks, the company has said in a...
Prime Minister’s Principal Secretary stresses on creating...
- Apr 20, 2025
Highlighting the need to create 80 lakh to 1 crore jobs annually in India, Prime Minister Narendra Modi’s Principal Secretary P K Mishra on...
No GST on UPI transactions above Rs 2,000, Finance Ministry...
- Apr 19, 2025
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy the Goods and Services Tax (GST) on UPI...
US judge holds Google’s domination in two markets for...
- Apr 18, 2025
Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech...
US slaps 245% tariffs on China in response to retaliatory...
- Apr 17, 2025
In a dramatic escalation of trade tension, US President Donald Trump’s administration slapped sweeping new tariffs on Chinese imports, with rates...
JSW Steel to fund 10-mtpa green steel plant with over Rs...
- Apr 16, 2025
JSW Steel will be investing over Rs 50,000 crore to create 10 million tonnes per annum (mtpa) of green steel capacity at a plant near the country’s...
Tata Power Renewable Energy, NTPC join hands for 200-mw...
- Apr 15, 2025
Tata Power Renewable Energy (TPREL) has signed a power purchase agreement (PPA) with NTPC to develop a 200-mw clean power project.“With this...
Indian toys look to occupy US shelves as steep tariff...
- Apr 14, 2025
As US-China tariff war intensifies, Indian toy industry leaders are calling the situation a “golden opportunity” to position India as a major...
In Mr Trump’s latest flip-flop, computers, smartphones...
- Apr 13, 2025
US President Donald Trump’s administration granted exclusions from steep reciprocal tariffs to smartphones, computers and some other electronics...
India seeks talks with US on steel, aluminium tariffs under...
- Apr 12, 2025
India has sought consultations with the US under the WTO’s safeguard agreement following American authorities’ decision to impose tariffs on...
Prada buys Versace from Capri for $1.375 bn; deal to boost...
- Apr 11, 2025
Prada has struck a deal to buy smaller rival Versace from Capri Holdings in a move to unite two of the biggest names in Italian fashion.The deal has...
RBI slashes Repo Rate by 25 basis points to 6%, loans set...
- Apr 10, 2025
The Reserve Bank of India (RBI) on Wednesday reduced the key lending rate, or the Repo Rate, by 25 basis points, bringing it down to 6 per cent. The...
REC signs MoU with MMRDA to fund Rs 1-l cr projects in MMR
- Apr 10, 2025
REC, a Maharatna CPSU under the Ministry of Power and prominent NBFC, has entered into an MoU with the Mumbai Metropolitan Region Development...
Clothing retailers delaying orders, freezing hiring as high...
- Apr 09, 2025
Clothing and accessories retailers across the United States are delaying orders and freezing hiring ahead of tariff hikes that take effect on...
FY26 more challenging than FY25 for IT companies amid hike...
- Apr 08, 2025
The rise in tariffs by the United States government could add to the challenges of the IT services industry, according to a report released on...
PM Modi inaugurates new Pamban Bridge, launches projects...
- Apr 07, 2025
Prime Minister Narendra Modi on Sunday inaugurated the New Pamban Bridge – the country’s first vertical-lift sea bridge – in Tamil Nadu on the...
Delhivery to acquire Ecom Express for Rs 1,407 crore to...
- Apr 06, 2025
Logistics services provider Delhivery on Saturday announced acquisition of Ecom Express for about Rs 1,400 crore to scale up its business.In a...
Fintech SRO India Fintech Foundation to bridge regulatory...
- Apr 05, 2025
The second day of Startup Mahakumbh on Friday witnessed the launch of India Fintech Foundation (IFF), the proposed self-regulatory organisation (SRO)...
Trump’s reciprocal tax roils the world, China, India...
- Apr 04, 2025
President Donald Trump’s sweeping tariffs on US imports sparked threats of retaliation on Thursday, as companies and governments rushed to count...
Chinese companies step up orders worth $16 bn for...
- Apr 03, 2025
Chinese companies, including ByteDance, Alibaba Group and Tencent Holdings, have placed at least $16 billion in orders for Nvidia’s H20 server...
AT THE HELM - Teresa Ribera, First Executive...
- Apr 02, 2025
These are tumultuous times for Teresa Ribera, the new European commissioner for competitiveness. The 55-year-old Spanish jurist, academic and...
Microfinance loans plunge in December 2024 quarter as norms...
- Apr 02, 2025
Number of microfinance loans disbursed by lenders declined 41.7 per cent to 1.19 crore in the December 2024 quarter, according to a report by credit...
SPIRITUAL CORNER - Eternal Self
- Apr 02, 2025
Questioner: Where did the Self (chetan) come from? Where does it originate? Dadashri: It has no origin, neither does it have an end. These are...
Haldiram Snacks Food sells stake to IHC, Alpha Wave Global
- Apr 01, 2025
Haldiram Snacks Food, the country’s leading snack and food brand, has confirmed selling its stake to two new investors – International Holding...
Wire & cable industry new battlefield for Adani Group &...
- Mar 31, 2025
After cement, billionaire Gautam Adani’s group and Kumar Mangalam Birla’s Aditya Birla Group are set for a face-off in the wire and cable...
Elon Musk sells X to group company xAI in a $33-billion,...
- Mar 30, 2025
Elon Musk has transferred ownership of social media platform X to his artificial intelligence company, xAI, in an all-stock deal valued at $33...
Rs 22,919-crore PLI scheme for non-semiconductor electronic...
- Mar 29, 2025
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the Production-Linked Incentive (PLI) scheme for non-semiconductor...
Mar-A-Lago Accord could rattle global markets and trigger...
- Mar 28, 2025
All eyes are on reciprocal tax on US imports that will take effect from April. The much-dreaded measure is actually just the beginning of US...
Airbus looks to source $2 billion of components and...
- Mar 27, 2025
Aircraft-maker Airbus’ annual sourcing of components and services from India will be ramped up significantly to touch $2 billion before 2030, its...
Schneider Electric to invest over $700 million in US to...
- Mar 26, 2025
Schneider Electric said on Tuesday that it plans to invest over $700 million in its US operations over the next two years amid tariff threats that...
RECPDCL hands over four SPV-specific transmission projects
- Mar 26, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, the Maharatna CPSU under the aegis of the Ministry of Power, has...
SEBI panel to review conflict of interest norms for its...
- Mar 25, 2025
The Securities and Exchange Board of India (SEBI) on Monday announced its decision to establish a high-level committee to conduct a detailed review...
ONGC set to import ethane to make up for change in...
- Mar 24, 2025
Oil and Natural Gas Corporation (ONGC) plans to import ethane starting in mid-2028 to compensate for the altered composition of liquefied natural gas...
Trump administration awards US Air Force’s fighter jet...
- Mar 23, 2025
US President Donald Trump has awarded Boeing a contract to build the US Air Force’s most sophisticated fighter jet yet, handing the company a...
Recovery may elude IT companies in FY26 amid Trump tariffs,...
- Mar 22, 2025
Information technology (IT) companies, among the worst-performing sectors in the country this year, may not see a recovery in FY26, analysts have...
Bain Capital to acquire 18% stake in Manappuram Finance for...
- Mar 21, 2025
Manappuram Finance on Thursday said that Bain Capital would invest Rs 4,385 crore to acquire an 18 per cent stake in the gold loan provider. The deal...
Entero Healthcare launches HealthEdge programme for retail...
- Mar 21, 2025
Entero Healthcare Solutions, one of India’s leading and fastest-growing healthcare product distribution platforms, has launched its HealthEdge...
Union Cabinet approves incentive for BHIM-UPI low-value...
- Mar 20, 2025
The Union Cabinet has approved an incentive scheme for promotion of low-value BHIM-UPI transactions for 2024-25.The incentive scheme will be...
Shriram Finance consolidating gold loan business, expanding...
- Mar 19, 2025
Shriram Finance, the flagship company of the diversified conglomerate Shriram Group, is looking to consolidate its gold loan business and increase...
Bajaj Finserv to buy out Allianz’s stakes in general,...
- Mar 18, 2025
In a landmark move that ends a 24-year partnership, Bajaj Finserv has announced that it will acquire Allianz’s entire 26 per cent stake in their...
Demand for housing robust amid Union Budget sops, Repo Rate...
- Mar 17, 2025
Housing demand continues to be strong and is expected to grow further on the back of tax incentives offered in the recent Union Budget and a recent...
Standard Chartered mops up 1 bn euros via social bond to...
- Mar 16, 2025
Standard Chartered (StanChart) has raised 1 billion euros (about Rs 9,400 crore) through issue of the first social bond which will support...
REC signs Rs 18,360-cr MoU with Kerala govt for...
- Mar 16, 2025
REC, a Maharatna CPSE under the Ministry of Power and leading NBFC, has signed an MoU with the Energy Management Centre (EMC), Government of Kerala,...
Immigration fuels growth in US urban centres, shows Census...
- Mar 15, 2025
Immigrants kept the largest urban counties in the US growing last year.Core counties in the Houston, Miami and Phoenix metropolitan areas grew more...
ICAI likely to review financial statements of...
- Mar 14, 2025
Chartered accountants’ apex body Institute of Chartered Accountants of India (ICAI) may review the financial statements of IndusInd Bank, which is...
CPI inflation slips to a 7-month low of 3.61%, raises hopes...
- Mar 13, 2025
Retail inflation slipped to a seven-month low of 3.61 per cent in February mainly due to easing prices of vegetables, eggs and other protein-rich...
Airtel joins hands with SpaceX to bring Starlink to India,...
- Mar 12, 2025
Airtel has signed an agreement with SpaceX to bring Starlink’s satellite internet to India. The deal depends on SpaceX getting approval from...
Haier India lines up Rs 1,000 crore for AC plant, targets...
- Mar 10, 2025
Haier Appliances India looks to become a $2-billion sales company in the next three to four years on the back of high double-digit growth powered by...
India securing a “good” US deal with the country’s...
- Mar 09, 2025
Finance Minister Nirmala Sitharaman on Saturday emphasised India’s ambition to secure a “good” trade agreement with the United States to drive...
Nasdaq joins global stock exchanges in offering 24-hour...
- Mar 08, 2025
Nasdaq plans to offer 24-hour trading on its equities exchange, the latest venue seeking to capitalse on growing global demand for US stocks.The...
Over 30,000 taxpayers declare foreign assets & income of...
- Mar 07, 2025
Over 30,000 taxpayers have revised their Income Tax returns (ITRs) or filed belated returns and declared additional foreign assets and income of more...
Tesla rents space at Bandra Kurla Complex in Mumbai to open...
- Mar 06, 2025
US electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India,...
HOT SEAT - All For Health Keerthi Ashish, Founder &...
- Mar 06, 2025
During her pregnancy, Keerthi Ashish discovered seed cycling, which had a profound impact on her health and well-being. Witnessing these positive...
SPIRITUAL CORNER - Such An Amazing Gnan!
- Mar 06, 2025
Questioner: In this Akram path, once a person reaches the seventh floor, can he drop down to the fourth or the fifth floor?Dadashri: No, he cannot...
AT THE HELM - Ramesh Juneja, Chairman, Mankind Pharma
- Mar 06, 2025
Last October, Mankind Pharma completed acquisition of Bharat Serums and Vaccines (BSV). Earlier, last July, it had struck a deal to buy...
US President Trump’s duties on imports from Canada, China...
- Mar 05, 2025
US President Donald Trump’s new 25 per cent tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on...
Parent Geenee introduces safe digital boundaries to families
- Mar 05, 2025
Parent Geenee, a technology firm based in the US, recently hosted a high-profile product launch event in Mumbai, marking the global introduction of...
Kroger chief Rodney McMullen resigns over issues related to...
- Mar 04, 2025
US grocer Kroger said on Monday that CEO Rodney McMullen had resigned after a board investigation found that his personal conduct was...
RERA registrations decline by 21% between 2022 and 2024
- Mar 03, 2025
Number of projects registered with the Real Estate Regulatory Authority (RERA) has witnessed a significant decline of 21 per cent between calendar...
Trident Lifeline, NIPER-A partnership develops Vorinostat...
- Mar 03, 2025
Trident Lifeline, a rapidly-expanding small and medium enterprise (SME), has joined hands with NIPER-Ahmedabad (NIPER-A), an institute of national...
India needs to grow by 7.3% annually to become developed...
- Mar 02, 2025
The 16th Finance Commission Chairman Arvind Panagariya on Saturday said that India’s aim of becoming a developed nation by 2047 is a...
REC inks pact with Madhya Pradesh govt to provide Rs...
- Mar 02, 2025
REC, a Maharatna CPSE and leading NBFC under the Ministry of Power, has signed a memorandum of understanding (MoU) with the Government of Madhya...
Woodpecker Greenagri to invest Rs 570 crore to set up...
- Mar 02, 2025
Woodpecker Greenagri Nutrients, a subsidiary of the Som Group of Companies, will set up a state-of-the-art integrated agri-processing project in the...
Manufacturing, mining pull down Q3 GDP growth to 6.2%, only...
- Mar 01, 2025
India’s economic growth rate decelerated to 6.2 per cent in the October-December 2024 quarter this financial year (2024-25), mainly due to poor...
Tuhin Kanta Pandey – secretary in many Finance Ministry...
- Feb 28, 2025
Tuhin Kanta Pandey has been appointed as the 11th chairman of the Securities and Exchange Board of India (SEBI), replacing Madhabi Puri Buch. Ms...
Paris meet takes the first steps to build a consensus on...
- Feb 27, 2025
The summit on artificial intelligence (AI) in Paris in early February brought together representatives from more than 100 countries. The two-day...
Unilever sacks CEO Schumacher in a surprise move, names...
- Feb 26, 2025
Unilever surprised investors on Tuesday by ousting Chief Executive Officer (CEO) Hein Schumacher and replacing him with finance chief Fernando...
Apple lines up $500-bn US investments in 4 years to make AI...
- Feb 25, 2025
Apple said on Monday that it would spend $500 billion in US investments in the next four years that will include a giant factory in Texas for...
KKR set to purchase 54% stake in HCG for Rs 3,465 crore...
- Feb 24, 2025
Private equity giant KKR has signed a definitive agreement to pick up a controlling stake in cancer care hospital chain Healthcare Global Enterprises...
Trump orders USTR to start probe into countries levying...
- Feb 23, 2025
US President Donald Trump has ordered his trade chief to revive investigations aimed at imposing tariffs on imports from countries that levy digital...
RECPDCL hands over two SPVs of transmission projects to...
- Feb 22, 2025
REC Power Development and Consultancy (RECPDCL), a wholly-owned subsidiary of REC, the Maharatna CPSU under the aegis of the Ministry of Power, has...
RBI’s draft paper proposes to scrap foreclosure charges...
- Feb 22, 2025
The RBI on Friday proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other lenders on all floating rate...