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Home  Business

Business

Editorial: Landmark deal in tough times

Editorial: Landmark deal in tough times

  • KT Rama Rao inaugurates Ardor IT Solutions office in Hyderabad

    BRS working president KT Rama Rao inaugurated Ardor IT Solutions’ new corporate office at Banjara Hills in Hyderabad. The US-headquartered IT firm, led by CEO Vamshi Kesireddy, aims to boost innovation, jobs, and digital growth from Telangana through its expanded facility
  • Hyderabad-based Pharma Dr Reddy’s loses Rs 2.16 cr after fraudsters hack their email communication

    In a statement, Dr Reddy's Laboratories clarified that with timely detection and swift action by the company's teams and banking partners, the funds have been frozen and that there was no financial loss
  • Paytm rolls out new AI-powered app with Gold Coins and smart payment tools

    Paytm has launched a redesigned version of its app with AI-driven features for personalised and smarter payments. The update includes digital gold rewards, expense categorisation, enhanced privacy tools, and new features for NRIs using UPI-linked account
  • Sharad Malhotra appointed as first Indian MD of Nippon Paint India

    NIPSEA Group, the Asian arm of Japan’s Nippon Paint Holdings, has appointed Sharad Malhotra as Managing Director of Nippon Paint India effective December 1, 2025. Malhotra, the first Indian to hold this post, will lead the company’s India operations and strategy
  • Nykaa shares climb nearly 8 pc after earnings announcement

    Shares of FSN E-Commerce, Nykaa’s parent company, surged nearly 8% after reporting a multifold rise in consolidated net profit to ₹34.4 crore for the September quarter, driven by 25% revenue growth, higher GMV, and continued retail expansion across India
  • Gold and silver prices up by 2 pc over positive global cues

    Gold and silver prices rose on Monday, buoyed by global cues and expectations of a US interest rate cut. Bullion gains were supported by a softer dollar, safe-haven demand, while WTI crude rebounded past $60 amid mixed OPEC+ signals.
  • Sensex, Nifty rebound in early trade on Asian cues and foreign fund inflow

    Sensex and Nifty bounced back in early trade on Monday after three consecutive losses, driven by positive Asian markets and fresh foreign fund inflows. Key blue-chip stocks gained, while Brent crude rose to USD 64.04 per barrel.
  • Rupee slips to 88.69 against US dollar amid strong dollar, crude oil rise

    The rupee fell 4 paise to 88.69 against the US dollar in early trade on Monday, pressured by a strong dollar amid the US government shutdown and rising crude oil prices. Markets show short-term consolidation with medium-term rupee strength.
  • Opinion: Banking in the Digital Age

    Indian banking is transforming rapidly as digital innovation replaces traditional services — the winners will be banks that balance trust with technology
  • Mcap of 7 of top-10 most valued firms erodes by Rs 88,635 cr; Airtel, TCS biggest laggards

    Seven of India’s top 10 most valued firms saw their combined market capitalization drop by ₹88,635 crore last week amid weak equities, with Bharti Airtel and TCS leading losses. Reliance, HDFC Bank, and Infosys also declined, while SBI, LIC, and Bajaj Finance gained
  • AI valuations spark FII caution as India sees heavy foreign outflows in 2025

    High AI stock valuations are causing caution among foreign institutional investors (FIIs), leading to significant selling in India. Persistent outflows, mixed earnings, and global uncertainties are affecting markets, while improving domestic indicators may provide some support.
  • PhysicsWallah secures Rs 136 crore from Think Investments before Rs 3,480-crore IPO

    Global investment firm Think Investments has invested Rs 136 crore in edtech unicorn PhysicsWallah ahead of its Rs 3,480-crore IPO opening on November 11. The investment involves a 0.37 per cent stake purchase from 14 employees at Rs 127 apiece
  • BSE places RRP Semiconductors and eight others under weekly trading surveillance

    The Bombay Stock Exchange (BSE) has placed nine stocks, including RRP Semiconductors, under a new weekly trading surveillance framework from November 10, 2025, to curb excessive volatility and maintain market integrity
  • 5G and premium smartphones to power India’s market growth in 2025

    India’s smartphone market is projected to grow moderately in 2025, driven by 5G adoption, premiumisation, and strong festive demand. According to CMR, 5G phones now account for 89% of shipments, with affordable models fueling the next wave of growth
  • Gold records third weekly loss amid fading hopes of US Fed rate cut

    Gold prices fell for a third consecutive week, pressured by a stronger dollar and fading hopes of a US Fed rate cut. Global economic uncertainty, eased US–China trade tensions, and changes in China’s gold retail policies also impacted bullion demand.
  • Over 700 US flights cancelled as government shutdown disrupts air travel

    The US government shutdown is causing widespread flight cancellations, with over 700 flights scrapped on Friday. Air traffic controllers working without pay are leaving, raising fears that delays and cancellations could worsen before the Thanksgiving holiday.
  • Musk wins Tesla shareholder vote, edges closer to trillionaire status

    Elon Musk won shareholder approval for a Tesla pay plan that could make him the world’s first trillionaire if he meets ambitious targets, including EV production and deploying a million humanoid robots, amid criticism over his management and public conduct
  • Vijay Deverakonda says Rashmika Mandanna’s The Girlfriend will “create an impact”

    Ahead of the release of The Girlfriend, actor Vijay Deverakonda praised Rashmika Mandanna and the film’s team, calling it “powerful” and “impactful.” The Rahul Ravindran directorial, cleared by the CBFC with a U/A certificate, releases worldwide on Friday.
  • Sensex, Nifty tumble in early trade as FII outflows and global cues drag markets

    Benchmark indices Sensex and Nifty fell sharply in early trade on Friday amid persistent foreign fund outflows and weak global cues. IT and tech stocks led the losses even as DIIs continued to support the market through strong buying.
  • Rupee slips 3 paise to 88.66 against US dollar amid FII outflows, strong greenback

    The rupee fell 3 paise to 88.66 against the US dollar on Friday amid foreign fund outflows and a stronger greenback. Weak domestic equities and higher crude oil prices further weighed on the local currency, traders said.
  • Mahindra sells entire stake in RBL Bank for Rs 678 crore

    On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore 
  • Gold prices regain shine as dollar dips; silver surges too

    Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce
  • ED calls Anil Ambani for fresh questioning in Rs 40,000 crore money laundering case

    The Enforcement Directorate (ED) has summoned Reliance ADAG Chairman Anil Ambani again on November 14 in a money laundering probe after attaching Rs 4,462 crore worth of land in Navi Mumbai. The case involves alleged diversion of loans worth Rs 40,000 crore
  • ED summons Anil Ambani again in money laundering case on Nov 14

    The ED has summoned Anil Ambani on November 14 in a money laundering case involving Reliance ADAG group firms. The agency recently attached assets worth ₹4,462 crore, alleging diversion of ₹40,000 crore in loans across group entities.
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