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Home  Business

Business

Maruti Suzuki plans to invest over Rs 925 crore to ramp up solar capacity by FY31

Maruti Suzuki plans to invest over Rs 925 crore to ramp up solar capacity by FY31

  • Rupee slips 25 paise to 85.86 against US dollar on FII outflows

    The rupee weakened by 25 paise to 85.86 against the US dollar in early trade on Wednesday amid FII outflows. The decline was cushioned by positive equities and soft crude prices. Markets await RBI's policy announcement later this week.
  • Sensex, Nifty rebound after 3-day slide as global markets rally

    Benchmark indices Sensex and Nifty bounced back in early trade Wednesday, ending a three-session losing streak. Gains were driven by a global market rally, steady SIP inflows, and stronger-than-expected US job data, despite ongoing concerns over trade policies.
  • Sitharaman urges DRI to boost coordination with state agencies to nab masterminds

    FM Nirmala Sitharaman asked the DRI officers to investigate "holistically," keeping the big picture in focus and not merely chasing "isolated infractions"
  • India’s approach to AI regulation is pro-innovation: IndiaAI CEO Abhishek Singh

    India’s AI strategy is pro-innovation and people-centric, focusing on responsible, ethical, and safe AI applications
  • NITI Aayog suggests ‘dual-track approach’ in India-US trade, amid reciprocal tariff

    The Aayog, in a working paper titled 'Promoting India-US Agricultural Trade Under the New US Trade Regime', said that India's agricultural sector needs safeguards to ensure price stability for both producers and consumers against excessive volatility in international markets
  • ICEA rolls out industry-wide initiative to foster tech and AI innovation

    The unique industry-wide initiative to collaboratively foster tech and AI innovation will connect companies with transformative innovations across domains such as advanced manufacturing, AI, IoT, energy efficiency, materials science, and more
  • OpenAI announces its global ‘AI for Impact Accelerator Programme’ in India

    ChatGPT maker OpenAI announced the next phase of its global ‘AI for Impact Accelerator Programme’ in India, highlighting a year of support for mission-driven organisations using artificial intelligence to solve real-world social problems
  • There is need for greater certainty on India’s taxation system: IATA

    Global airlines' grouping IATA said there needs to be greater certainty in India's taxation system, which is very complex
  • TCS, Virgin Atlantic sign 7-year partnership to modernise airline’s core system with AI-led solutions

    India's largest IT services company, TCS, announced a seven-year extended partnership with Virgin Atlantic to modernise the airline's core systems with AI-led solutions that will amplify personalised, connected, sustainable experiences
  • Microsoft lays off hundreds of more employees after huge job cuts in AI era

    Tech giant Microsoft has cut hundreds of more jobs just weeks after reducing nearly 3 per cent of its global workforce in the AI era
  • Cream Stone TUBZ gains market momentum through flavour innovation and digital strategy

    Kicking off the summer with the launch of its indulgent Alphonso Mango range, followed closely by the refreshing Taati Munjalu (Ice Apple) flavour, Cream Stone has infused a fresh burst of premium taste into its stores, delighting customers.
  • Hyderabad sees dip in property sales in April

    Hyderabad’s residential property market saw a 12% YoY dip in April 2025 registrations, yet premium home demand remained strong, with Rs. 1 crore-plus units contributing 51% of value. Rangareddy led registrations, reflecting resilience in the high-end segment.
  • Hyundai, Kia, Mercedes Benz, Volkswagen, Skoda interested in making EVs in India: Minister

    Global automobile makers, including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said
  • Embraer in talks with IndiGo, Air India; sees lot of opportunities in India

    The company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats
  • Real cost of flying 40 per cent lower than a decade ago: IATA

    At the IATA annual general meeting, which is taking place in India after 42 years, Walsh also said the rate of growth in the airline industry has slowed down as a result of supply chain issues
  • Over 6.1 cr Indian farmers have have digital IDs similar to Aadhaar card linked to land records

    Created under Agri Stack as part of the Digital Agriculture Mission, these IDs are maintained by the State Governments/ Union Territories
  • RBI Monetary Policy Committee likely to go for 25 bps rate cut on June 6 as inflation cools

    The Central Bank is projected to cut the repo rate by another 50 basis points (bps) this fiscal (FY26), after the 50 bps cut until April this year
  • Tesla not interested in manufacturing electric cars in India: Kumaraswamy

    Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said
  • Centre unveils new scheme to make India global hub for making electric cars

    According to the notification, the maximum number of EVs to be imported under this scheme will be such that the maximum duty foregone per applicant will be limited to Rs 6,484 crore
  • RBI says Rs 2000 notes worth Rs 6,181 crore still in circulation

    Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation
  • Royal Enfield sales jump 26 per cent to 89,429 units in May

    RE reported a 26 per cent jump in total sales at 89,429 units in May, as compared to 71,010 units in the same month last year
  • Hyundai sales decline 8 per cent in May at 58,701 units

    The company's total sales stood at 63,551 units in May last year, Hyundai Motor India Ltd (HMIL) said in a statement
  • Sensex, Nifty slide over 750 points amid weak Asian cues, Trump’s steel tariff hike, and FII outflows

    Benchmark indices Sensex and Nifty slumped sharply on Monday amid weak Asian market cues, renewed trade war fears after Trump’s steel tariff hike, and continued FII selling. India’s strong Q4 GDP growth offered some support despite global market volatility.
  • Rupee gains 12 paise amid weak dollar, strong GDP growth and hopes of RBI rate cut

    The rupee rose 12 paise to 85.43 against the US dollar on Monday, buoyed by weak global cues and robust GDP data. Analysts await RBI’s rate decision and PMI data as markets remain volatile amid foreign fund outflows and high oil prices.
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