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Home  Business

Business

Lifeline to Vodafone Idea: Govt caps annual payout at Rs 124 crore for next 6 years

Lifeline to Vodafone Idea: Govt caps annual payout at Rs 124 crore for next 6 years

  • India’s office leasing soars 20% in 2025, residential sales remain steady

    India’s office leasing surged 20% in 2025, reaching 86.4 million sq ft, driven by strong demand and flexible workspaces. Residential sales steadied, with Mumbai leading, as market normalizes post-pandemic
  • Markets trade lower amid foreign fund outflows, tariff hike concerns

    Benchmark indices Sensex and Nifty traded lower in early deals as foreign fund outflows and concerns over possible US tariff hikes dampened sentiment. Markets remained cautious amid weak global cues despite gains in select Asian indices.
  • Rupee slips 7 paise to 89.97 amid FII outflows, higher crude prices

    The rupee weakened 7 paise to 89.97 against the US dollar in early trade as foreign fund outflows, rising crude oil prices and concerns over potential US tariff hikes dampened sentiment. Weak domestic equities added to pressure.
  • Adani Group, Embraer plan regional jet assembly facility in India

    Adani Group signed an initial pact with Embraer to set up India’s first civilian aircraft final assembly line, aligning with Make in India and aiming to tap the country’s fast-growing aviation market
  • Sensex, Nifty slip in early trade amid FII selling, US tariff worries

    Equity benchmarks Sensex and Nifty declined in early trade on Thursday as persistent foreign fund outflows and concerns over potential US tariff hikes weighed on sentiment. Weak global cues and cautious investor outlook kept markets under pressure, despite strong GDP growth projections.
  • Rupee slips 3 paise to 89.90 against dollar amid crude oil rise, FII outflows

    The rupee weakened 3 paise to 89.90 against the US dollar in early trade on Thursday, pressured by rising crude oil prices, foreign fund outflows and a stronger dollar. Weak domestic equities also added to the currency’s losses, traders said.
  • Tata Power to set up India’s largest ingot, wafer plant in AP’s Nellore

    Tata Power Renewable Energy will invest Rs 6,675 crore to set up 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh, generating around 1,000 direct jobs and supporting the country’s solar manufacturing and energy transition goals
  • Helmet maker Tvarra ropes in Indian cricketer Jemimah Rodrigues as investor partner

    Women-focused helmet brand Tvarra announced Indian cricketer Jemimah Rodrigues as an investor partner. She will help shape the brand’s vision, advocate responsible riding, and promote women’s safety. Tvarra plans offline retail expansion in 2026, beyond its current 600-city online presence
  • Sensex, Nifty drift lower in early trade amid geopolitical, tariff concerns

    Equity benchmarks opened lower on Wednesday as geopolitical tensions, tariff-related worries and sustained foreign fund outflows dampened investor sentiment, even as select IT and index heavyweights provided limited support.
  • Rupee rises 26 paise to 89.92 against dollar in early trade

    The rupee appreciated 26 paise to 89.92 against the US dollar in early trade on Wednesday, supported by a weaker greenback and lower crude prices. However, domestic equity benchmarks Sensex and Nifty were trading lower.
  • Pandorum teams up with Bharat Biotech subsidiary

    Pandorum Technologies has partnered with Bharat Biotech arm Nucelion Therapeutics to expand manufacturing of its exosome-based regenerative therapies across the Asia-Pacific region, strengthening regional supply, regulatory readiness and India’s biologics manufacturing capabilities
  • RBI proposes to cap banks’ dividend payout at 75 per cent of net profit

    The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 
  • Reliance says not received any Russian oil in three weeks, none expected in Jan

    Reliance Industries confirmed it has not received Russian crude for nearly three weeks and expects none in January, halting imports at its SEZ refinery to comply with EU sanctions, amid reports linking three tankers to its Jamnagar complex
  • Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment

    Equity benchmarks Sensex and Nifty fell sharply in early trade amid heavy selling in Reliance Industries, HDFC Bank and others, as investor sentiment weakened following fresh US tariff warnings against India, persistent volatility, and continued foreign fund outflows despite stable domestic fundamentals
  • Rupee rises 18 paise to 90.12 against US dollar in early trade

    Rupee strengthened 18 paise to 90.12 per dollar in early trade, aided by weaker dollar and lower crude prices. Gains were capped by tariff threats from Donald Trump, FII outflows, geopolitical tensions and weak domestic equity markets; sentiment persists Tuesday
  • Editorial: Address farmers’ concerns

    The Indian government must allay growing fears that the Seeds Bills will increase corporate control and marginalise farmers
  • Opinion: Counting what counts after COP30 — Measure adaptation, not just emissions

    Without clear measures of livelihoods protected, climate finance will stay carbon-focused, even after COP30
  • India introduces new e-B-4 visa for Chinese businessmen

    The new visa is introduced in view of the growing demand for business visas to travel to India. It will be issued in about 45 to 50 days, with permission to stay in India for up to six months
  • Tata Group looking for new chiefs for Air India, Air India Express

    Both sides — Wilson and Tata Group — don't want a renewal of the contract after 2027, according to source  
  • Gold, silver rally on safe-haven demand after US action in Venezuela

    Gold and silver prices surged on Monday amid strong safe-haven demand following US action in Venezuela. Geopolitical uncertainty, expectations of US rate cuts and a weaker rupee supported domestic bullion prices, though gains were capped below December record highs.
  • Andhra Pradesh achieves another major milestone, says CM Naidu

    Andhra Pradesh’s Visakhapatnam Refinery commissioned HPCL’s Residue Upgradation Facility, featuring three of the world’s heaviest reactors. The upgrade, part of the Visakh Refinery Modernisation Project, enhances fuel production, energy security, and regional socio-economic growth, supporting India’s Atmanirbhar Bharat initiative
  • Trump’s plan to seize, revitalize Venezuela’s oil industry faces major hurdles

    Trump’s plan to take control of Venezuela’s oil industry is unlikely to affect oil prices immediately. Years of mismanagement and sanctions have left production low, requiring massive investment and political stability before output can significantly rise
  • SBI to promote India-Israel trade in rupee

    SBI Israel is facilitating trade between India and Israel in Indian rupees, including payments through Special Rupee Vostro Accounts. The move supports bilateral trade, remittances from Indian workers, and growing economic ties amid FTA discussions and strategic cooperation
  • Sensex, Nifty slip in early trade as IT stocks weigh on markets

    Benchmark indices Sensex and Nifty declined in early trade on Monday, weighed down by losses in blue-chip IT stocks. Asian markets traded mixed, while investors remained cautious amid geopolitical concerns and recent US action in Venezuela.
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