Articles by category " Business "


Hinduja Group company's resolution plan for Reliance Capital approved by NCLT.

29-02-2024 / 0 comments

The National Company Law Tribunal (NCLT) has granted approval to the resolution plan proposed by IndusInd International Holdings Limited (IIHL), a


Xiaomi postpones Indian EV debut, focuses on refreshing tablets and wearables lineup for potential relaunch.

28-02-2024 / 0 comments

Xiaomi's introduction of its SU7 electric vehicle in China this year won't extend to India soon, as confirmed by company executives. Anuj Sharma, X


Maruti Suzuki Teams Up with Union Bank of India to Enhance Dealer Financing Solutions

27-02-2024 / 0 comments

Maruti Suzuki, one of India's leading automobile manufacturers, has announced a strategic partnership with Union Bank of India to bolster dealer fi


Paytm shares jump 5%, day after Vijay Shekhar Sharma's resignation from Payments Bank

27-02-2024 / 0 comments

In a flurry of market activity, Paytm shares witnessed a significant surge today, climbing 5% on the heels of Vijay Shekhar Sharma's resignation fr


Sensex Plunges 533 Points in Broad Sell-off; IT and Metals Industries Take the Hardest Hit; VIX Spikes 4%

26-02-2024 / 0 comments

The Indian stock market witnessed a turbulent day on Monday, February 26th, as the benchmark indices faced significant downward pressure due to wid


Indian Government Holds Ground on Vodafone Idea Ownership Amid Financial Struggles

26-02-2024 / 0 comments

The Indian government has opted against divesting its ownership in Vodafone Idea, the nation's third-largest telecommunications provider, despite i


Reliance and Walt Disney Forge Media Merger Deal in India

26-02-2024 / 0 comments

In a significant move shaping the landscape of India's media industry, Reliance Industries, led by Mukesh Ambani, and Walt Disney Co have inked a d


"Odisha greenlights 27 new industrial projects totaling Rs 6,134 crore"

24-02-2024 / 0 comments

 The proposals got the state government's nod at a meeting chaired by Chief Secretary P K Jena on Saturday

The Odisha g


Tata Steel Shares Approach Record Highs: Analysts Predict Further Growth

24-02-2024 / 0 comments

Tata Steel shares are edging closer to their all-time high of Rs 147.35, recorded on February 7, 2024, as the metal giant closed marginally lower a


Reddit has finalized a $60 million agreement permitting Google to utilize its posts for training artificial intelligence models.

24-02-2024 / 0 comments

Reddit has reached an agreement with Google, allowing the tech giant to utilize content from the online discussion platform for training its artifi


Anish Shah, the Managing Director of M&M Group, underscores the imperative for the manufacturing sector to contribute a quarter to India's economic expansion.

23-02-2024 / 0 comments

Manufacturing sector should contribute quarter to India's economic growth: M&M Group MD Anish Shah

Anish Shah, the Manag


2 individuals from Gurugram gained unauthorized access to Swiggy accounts and proceeded to place orders totaling 1 lakh. Following this incident, what ensued?

22-02-2024 / 0 comments

Aniket Kalra, aged 25, and Himanshu Kumar, aged 23, residents of Gurugram, were apprehended by the Delhi Police on charges of hacking numerous Swig


In January, mutual funds maintained their purchasing of Paytm shares, with only a handful of exceptions.

21-02-2024 / 0 comments

As of January 2024, mutual funds demonstrated continued interest in Paytm, with notable increases in shareholding despite subsequent market turbule


Bosch plans to increase investment in research and development for the production of electric components for two-wheelers at a local level.

20-02-2024 / 0 comments

Bosch Ltd, the Indian arm of Germany's Bosch GmbH, is poised to ramp up investments in research and development (R&D) and localize production o


Sony remains hopeful about India, considering options post-Zee merger setback, states company representative.

17-02-2024 / 0 comments

Hiroki Totoki, serving as President, COO & CFO of Sony, expressed optimism regarding the company's future endeavors in India. During a recent e


The chief executive officer of Flipkart stated that the primary obstacle for e-commerce is the cost structure associated with logistics.

16-02-2024 / 0 comments

During the Walmart Growth Summit, Flipkart CEO Kalyan Krishnamurthy addressed the challenges facing the e-commerce sector in India, emphasizing tha


Reliance Industries, led by Mukesh Ambani, is considering the acquisition of a 29% stake in Tata Play from Walt Disney as part of their joint venture.

15-02-2024 / 0 comments

Mukesh Ambani's Reliance Industries (RIL) is currently engaged in negotiations with Walt Disney Co to consolidate their respective media operations


The latest technology legislation from the EU includes exemptions for services like Apple's iMessage and Microsoft's Bing.

14-02-2024 / 0 comments

European Union antitrust regulators announced on Tuesday that Apple's iMessage and Microsoft's Bing search engine will not be subject to the new EU


Ashok Leyland has made an additional investment of ₹537 crore in its electric vehicle subsidiary, Switch Mobility.

13-02-2024 / 0 comments

Ashok Leyland has made a significant investment of 536.73 crore in Optare Plc, UK, which serves as the holding company for its electric vehicl


The JSW Group has inked a Rs 40,000 crore agreement with the Odisha government to establish electric vehicle (EV) and EV battery facilities in Cuttack and Paradip.

12-02-2024 / 0 comments

The JSW Group has entered into a significant agreement valued at Rs 40,000 crore with the Odisha government to establish an electric vehicle (EV) a


Cisco plans to reduce its workforce significantly to prioritize high-growth sectors.

10-02-2024 / 0 comments

Cisco, the prominent network giant headquartered in San Jose, California, is undergoing a strategic business restructuring that may result in the t


Manju Agarwal resigns as Paytm Payments Bank independent director following regulatory intervention by RBI.

09-02-2024 / 0 comments

After the Reserve Bank of India (RBI) took regulatory action against Paytm Payments Bank, independent director Manju Agarwal reportedly resigned. T


"Indana Palace Jaipur: Premier Luxury Hotel Boasting High Booking Demand"

08-02-2024 / 0 comments

In the bustling city of Jaipur, renowned for its rich history and vibrant culture, stands the majestic Indana Palace, a premier luxury hotel that h


Coca-Cola has unveiled Coca-Cola Spiced, marking its inaugural product launch in three years.

07-02-2024 / 0 comments

Coca-Cola is tapping into the growing trend of spicy snacks in America with the introduction of Coca-Cola Spiced, its first permanent addition to t


Mukesh Ambani secures top spot in the 2024 Brand Guardianship Index among Indians, ranking second worldwide.

05-02-2024 / 0 comments

Mukesh Ambani, the chairman and managing director of Reliance Industries Limited (RIL), has achieved the top position among Indians and secured the


Prioritizing compliance over technology is the initial focus for Paytm's CEO.

02-02-2024 / 0 comments

Vijay Shekhar Sharma, the Founder and CEO of One97 Communications, the parent company of fintech giant Paytm, has emphasized a shift in focus towar


Reliance and Bodhi Tree explore 60% stake in Disney India merger.

01-02-2024 / 0 comments

Reliance is in advanced discussions with Walt Disney for the potential merger of their media businesses in India, wherein Reliance aims to acquire


Oil marketing companies are expected to show an increase in profits in the fourth quarter compared to the previous quarter.

31-01-2024 / 0 comments

State-owned oil marketing companies (OMCs), including Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum C


iOS 18 from Apple is anticipated to be the most extensive software update in the history of iPhones.

30-01-2024 / 0 comments

The upcoming iOS 18 software update from Apple is generating significant anticipation, with Bloomberg's Mark Gurman hinting that it could be a grou


SpiceJet has successfully secured the initial installment of Rs 744 crore as part of its fund raising plan.

27-01-2024 / 0 comments

SpiceJet, grappling with various challenges, announced on Friday that it has successfully received the first tranche of funds amounting to Rs 744 c


ED conducts searches at Mumbai office of Essel Group amid ongoing troubles for Zee.

25-01-2024 / 0 comments

The Enforcement Directorate (ED) is currently conducting search operations at the Mumbai office of the Essel Group, as reported by ET Now on Wednes


Netflix is set to livestream WWE Raw in a $5 billion gamble on live events.

24-01-2024 / 0 comments

Netflix, a trailblazer in the streaming industry, has taken a significant stride into the realm of live events with a substantial rights agreement


Vi and Adani Group could face penalties for failing to achieve the specified 5G rollout objectives.

23-01-2024 / 0 comments

Vodafone Idea (Vi) and Adani Data Networks are facing potential fines from the Department of Telecommunications for failing to meet the specified 5


Tata Consumer Products greenlights fundraising of up to Rs 6,500 cr for Capital Foods, Organic India acquisitions.

19-01-2024 / 0 comments

Tata Consumer Products has authorized fundraising of up to Rs 6,500 crore, as per an official statement on Friday. The company aims to achieve this


If Zee-Sony merger fails, Zee could seek damages from Sony, according to a report.

17-01-2024 / 0 comments

Zee Entertainment Limited (ZEEL) may pursue legal action against Culver Max Entertainment (Sony India) for potential damages if their anticipated m


BSE has granted approval to SpiceJet for fundraising activities.

15-01-2024 / 0 comments

SpiceJet, a budget airline, has secured preliminary approval from the BSE to raise INR 2,242 crore through the issuance of shares and convertible w


Following Google, Amazon declares layoffs; numerous employees to receive termination notices.

11-01-2024 / 0 comments

Amazon has revealed plans for significant job cuts, particularly impacting employees in Prime Video and Amazon MGM Studios. The announcement aligns


"SBI YONO services will be inaccessible until 10:30 due to certain reasons"

10-01-2024 / 0 comments

The State Bank of India (SBI) has announced that its YONO app services will experience a temporary disruption until 10:30 am on January 10. This in


HUL prioritizes the emphasis on family-sized packaging.

08-01-2024 / 0 comments

Hindustan Unilever (HUL), India's leading consumer goods company, is strategically introducing larger or family-sized packs to selected general tra


The Adani Group will back Indian chess prodigy Praggnanandhaa, with Gautam Adani expressing admiration for his achievements.

06-01-2024 / 0 comments

Gautam Adani, the leader of the Adani Group, recently engaged with the young chess sensation, Rameshbabu Praggnanandhaa, commending his accomplishm


The exemption on import duties for Urad and Tur Dal has been prolonged until March 2025.

30-12-2023 / 0 comments

In response to persistent inflation concerns, the Indian government has extended the exemption on import duties for tur and urad dal until March 31


The merger of Tata Coffee and Tata Consumer Products is set to take effect starting January 1.

29-12-2023 / 0 comments

The implementation of the scheme of arrangement between Tata Coffee Ltd (TCL), Tata Consumer Products Ltd (TCPL), and its wholly owned subsidiary T


Zomato, a food delivery app, receives a show cause notice of Rs 402 crore for unpaid GST.

28-12-2023 / 0 comments

Zomato, a prominent food delivery platform, disclosed in a regulatory filing on Wednesday that it has received a show cause notice amounting to Rs


Infosys accuses Cognizant of engaging in unfair employee poaching and has communicated its grievances to Cognizant.

27-12-2023 / 0 comments

Indian IT services companies are currently engaged in an intense competition for talent as they expand their presence in overseas markets, leading


Coca-Cola has renewed its collaboration with the International Cricket Council (ICC) for an additional eight years

26-12-2023 / 0 comments

Renowned beverage giant Coca-Cola has extended its collaboration with the International Cricket Council (ICC) for an additional eight years, markin


Bondholders of Vedanta now have an extended timeframe to provide consent for the new due date.

23-12-2023 / 0 comments

Vedanta Resources, headquartered in London, has decided to extend the deadline for seeking consent to extend the maturity date of its bonds to Janu


Lupin Expands Global Presence with Acquisition of Sanofi's Established Pharmaceutical Products in Europe and Canada for EUR 10 Million

22-12-2023 / 0 comments

On Friday, Indian pharmaceutical company Lupin Ltd announced the acquisition of a portfolio of established products in Europe and Canada from Sanof


Ford withdraws from the agreement to sell its Tamil Nadu plant to JSW, terminating the deal.

20-12-2023 / 0 comments

Ford Motor Co. has unexpectedly reversed its decision to sell its sole remaining factory in India, located in Tamil Nadu, to the JSW Group led by S


The International Monetary Fund (IMF) anticipates a 6.3% growth in India's economy for the current fiscal year.

19-12-2023 / 0 comments

The International Monetary Fund (IMF) has adjusted its economic growth projection for India in the current fiscal year, raising it from 6.1% to 6.3


Ambuja Cements plans to allocate Rs 6,000 crore for investments in renewable power projects.

18-12-2023 / 0 comments

Indian construction materials manufacturer Ambuja Cements has unveiled plans to invest Rs 6,000 crore (approximately $723 million) in renewable pow


The rupee strengthens by 7 paise, concluding at 83.33 against the dollar, with diminished concerns over rate hikes.

16-12-2023 / 0 comments

On Thursday, the Indian rupee staged a recovery from its historic lows, closing at 83.33 against the US dollar, marking a gain of 7 paise. This upt


Tata Capital is considering acquiring the fashion brand Rare Rabbit at a valuation of $300 million, according to sources.

15-12-2023 / 0 comments

 Tata Capital, the financial services arm of the Tata conglomerate, is exploring the acquisition of a 13% stake in Rare Rabbi


Inditex, the parent company of Zara, has announced robust holiday sales and raised its margin outlook.

14-12-2023 / 0 comments

Inditex, the company that owns Zara, reported a robust holiday season with a 14% increase in sales during the six weeks ending December 11. The ann


Air India unveils uniforms designed by Manish Malhotra for both cabin and cockpit crews.

13-12-2023 / 0 comments

On Tuesday, the private carrier Air India unveiled its latest collection of uniforms designed by renowned fashion designer Manish Malhotra, intende


The Sensex surpasses the 70,000 mark, while the Nifty achieves a new record high. GTL Infra and Safari Industries experience gains of up to 8%.

12-12-2023 / 0 comments

On the Bombay Stock Exchange (BSE), GTL Infrastructure, Safari Industries, Sonata Software, J&K Bank, and BLS International Services saw signif


TikTok plans a $1.5 billion investment in Indonesia through a partnership with GoTo.

11-12-2023 / 0 comments

ByteDance's TikTok is set to invest $1.5 billion in a collaborative venture with Indonesia's GoTo Group, marking a strategic move to reinitiate its


Pixtrans: Leading the Way in Agricultural Belts and Beyond, Expanding Globally

08-12-2023 / 0 comments

In the dynamic world of manufacturing, Pixtrans stands out as a prominent player, particularly in the production of a wide range of industrial and


Air India's significant Airbus order has undergone a substantial modification.

08-12-2023 / 0 comments

After much speculation, the Air India group officially announced a substantial aircraft order on Valentine's Day this year, totaling 470 planes. In


Meta faces a lawsuit by 83 Spanish newspapers for extensive use of users' personal data.

08-12-2023 / 0 comments

Meta, the parent company of Facebook and Instagram, is facing legal action from 83 Spanish media outlets for allegedly violating EU data protection


Adani International Container Terminal achieves a milestone as the inaugural terminal to process more than 3 lakh containers within a month.

04-12-2023 / 0 comments

In November, Adani International Container Terminal Private Limited (AICTPL), a joint venture at Adani Ports and SEZ in Mundra, has set a historic rec


Walmart is shifting its emphasis from importing goods from China to India, motivated by distinct influencing factors

02-12-2023 / 0 comments

In an effort to reduce its dependence on Chinese supply chains, Walmart, a multinational retail corporation, is shifting its focus to India. According


Pix Transmissions Ltd (PTL) Powers Ahead with INR 4 Billion Consolidated Revenue in 2023, Celebrating Over Three Decades on the Bombay Stock Exchange

01-12-2023 / 0 comments

Pix Transmissions Ltd (PTL), a prominent Indian manufacturer of belts and mechanical transmission products, continues to soar as it reports a consolid


Sam Altman Expresses Unprecedented Excitement on His Return as OpenAI CEO; Microsoft Assumes Non-Voting Role on Board

30-11-2023 / 0 comments

Sam Altman has resumed the position of OpenAI's CEO, a role he was initially dismissed from and subsequently rehired for. Alongside him, Greg Brockman


Bill Gates Envisions Three-Day Work Week Revolution with AI Boost.

29-11-2023 / 0 comments

Bill Gates Foresees a Three-Day Work Week Powered by Technology, Emphasizing Fulfilling Work and Accessible AI for All



TCS introduces a fresh Generative AI initiative in partnership with AWS

28-11-2023 / 0 comments

The newest generative AI initiative aims to assist enterprises in efficiently selecting and expanding tailored solutions for their distinct business r


Maruti Suzuki to Increase Car Prices in January Amidst Rising Costs and Commodity Pressures

27-11-2023 / 0 comments

The company stated that prices will vary across models, but it did not disclose the exact amount of the increase.

Maruti Suzuki India Ltd. has

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