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Home  Business

Business

Govt freezes Vodafone-Idea’s dues, grants 5-year moratorium on payments

Govt freezes Vodafone-Idea’s dues, grants 5-year moratorium on payments

  • Sensex, Nifty rebound in early trade amid DII buying

    Equity benchmark indices Sensex and Nifty rebounded in early trade on Wednesday, snapping recent losing streaks amid sustained buying by domestic institutional investors. The recovery came despite weak global cues and continued selling by foreign investors, market data showed.
  • Rupee falls 15 paise to 89.90 against US dollar in early trade

    The rupee declined 15 paise to 89.90 against the US dollar in early trade on Wednesday, pressured by continued foreign fund outflows and subdued equity markets. Forex traders said sustained FPI selling and trade uncertainties are weighing on the local currency.
  • Rupee rises 3 paise to 89.95 against US dollar in early trade

    The rupee appreciated 3 paise to 89.95 against the US dollar in early trade, supported by a weaker greenback and strong IIP data. However, foreign fund outflows, higher crude prices and weak equities limited further gains
  • Sensex, Nifty decline in early deals amid persistent foreign fund outflows

    Indian equities opened lower on Tuesday, with Sensex and Nifty slipping amid sustained foreign fund outflows and weak global cues. Select banking, metal and cement stocks dragged markets, despite gains in telecom, ports and auto shares during early morning trade
  • Govt seeks $30 billion from Reliance, BP in KG-D6 gas field dispute

    India’s government says RIL and BP built larger-than-required facilities at KG-D6 fields and failed to meet output targets
  • Arvind Fashions to acquire 31.25 pc stake of Flipkart in Arvind Youth Brands for Rs 135 cr

    Arvind Fashions Ltd will acquire Flipkart Group’s 31.25% stake in Arvind Youth Brands Pvt Ltd for ₹135 crore, making AYBPL, owner of Flying Machine, a wholly-owned subsidiary. The transaction is expected to close on December 29, 2025
  • Opinion: Shattered lives—the human cost of India’s migrants

    India’s dependence on migrant labour to build its cities and drive its economy carries a responsibility to protect their health, safety, dignity, and welfare
  • User-generated content fails to directly boost brand engagement: Study

    A GIM study found that high-quality firm-generated social media content drives brand engagement, while user-generated content does not directly influence it. The research highlights brand credibility and equity as key drivers of meaningful consumer engagement.
  • KTR invited as guest of honour to 2nd International JUNICORN & Global Innovation Summit in Dubai

    BRS working president and former Industries Minister KT Rama Rao has been invited as guest of honour at the 2nd International JUNICORN & Global Innovation Summit in Dubai from January 9 to 11. Organised by the International Startup Foundation, the summit will spotlight the Junicorn100K initiative aimed at empowering rural youth through innovation.
  • Editorial: End duopoly in aviation sector

    Recent meltdown at IndiGo highlights how the duopoly has stymied the growth of the passenger aviation sector
  • Opinion: Ambedkar’s lessons for the falling Rupee

    Ambedkar’s century-old work reminds us that a stable rupee is earned over time through credible institutions, clear policy, and structural reforms
  • Delhi-NCR, Bengaluru, Hyderabad lead magicpin’s food delivery volumes in 2025

    In 2025, magicpin led food delivery in Delhi-NCR, Bengaluru, and Hyderabad, adding over 6 lakh student and corporate users via its Inner Circle programme. The platform on-boarded 80,000+ merchants, scaled magicNOW quick delivery, and reported biryani as the top dish
  • Housing sales volume down 14 pc in 2025 in 7 cities: Anarock

    Housing sales in India’s seven major cities fell 14% in 2025 to 3.96 lakh units due to high prices and IT-sector layoffs, though total sales value rose 6% to Rs 6 lakh crore. Chennai saw growth; other cities declined
  • Titan to enter lab-grown diamond with brand name ‘beYon’

    Titan Co announced its entry into India’s lab-grown diamond market with the brand “beYon,” launching a Mumbai store on December 29. The move targets affordable, sustainable jewellery, with plans to expand to Delhi amid rapid market growth
  • Rupee falls 23 paise to 89.94 against US dollar in early trade

    The rupee weakened 23 paise to 89.94 against the US dollar in early trade amid foreign fund outflows, weak domestic equities and rising crude oil prices, with thin holiday volumes and trade deal uncertainty weighing on market sentiment
  • Stock markets trade lower in early deals

    Benchmark indices Sensex and Nifty slipped in early trade amid foreign fund outflows, low holiday volumes and weak cues. Investor sentiment remained fragile despite selective buying, as markets consolidated in the absence of major domestic or global triggers
  • Andhra govt issues NOC to Vedanta Ltd to drill 20 onshore oil, gas wells

    The Andhra Pradesh government issued a conditional No Objection Certificate to Vedanta’s Cairn Oil & Gas for drilling 20 onshore wells in Krishna district under the DSF Policy, permitting activity subject to strict irrigation safeguards and mandatory departmental clearances
  • Opinion: US national strategy shift opens new doors and new demands for India

    New Delhi’s ability to seize this geopolitical window will depend less on foreign goodwill and more on its own domestic capacity
  • Hyderabad tops high-value Instamart orders

    In 2025, Hyderabadis splurged on Instamart, buying iPhones worth Rs 4.3 lakh, soft drinks for Rs 1.92 lakh, and Rs 31,000 roses on Valentine’s Day. Electronics, appliances, and luxury items saw huge growth, reflecting India’s shift toward lifestyle-driven quick commerce
  • Adani seals Rs 80,000 cr in deals since 2023 short-seller crisis

    Since January 2023, Adani Group completed 33 acquisitions worth Rs 80,000 crore across ports, cement, and power, signaling recovery after Hindenburg allegations. Strategic expansion, debt reduction, and steady execution have restored investor confidence and enabled further growth across sectors
  • Navi Mumbai International Airport starts commercial flight operations

    Navi Mumbai International Airport began commercial operations, with the first flight from Bengaluru landing on Thursday. Initially operating 12 hours daily, it connects nine destinations, handled by multiple airlines, and aims to scale up to full capacity in phased development 
  • Historic Mancherial Cement Company faces auction

    Mancherial Cement Company, one of South India’s oldest cement manufacturers, is set for auction to repay Rs 54.04 crore in debts. Production halted, staff unpaid, and legal battles unresolved, marking the end of the 67-year-old industrial landmark
  • Axis Energy, Reliance top bidders in coal gasification mine auctions

    Axis Energy and Reliance Industries emerged as top bidders in India’s latest coal block auction, targeting UCG-capable blocks. The move supports cleaner coal gasification, syngas and hydrogen production, reduces import dependence, and boosts private sector confidence in energy transition
  • Al Hind Air, FlyExpress get govt nod for operations

    Al Hind Air and FlyExpress received civil aviation NOCs, joining Shankh Air, which may start in 2026. The move aims to expand India’s domestic aviation market beyond IndiGo and Air India’s duopoly, promoting regional connectivity and growth
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