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Home  Business

Business

Coal India Ltd’s coal offtake drops to 63.4 MT in April

Coal India Ltd’s coal offtake drops to 63.4 MT in April

  • Majority of iPhones sold in US will be made in India in June quarter: Apple CEO

    During the company's second-quarter earnings call, Apple CEO Tim Cook said that Vietnam will become the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products sold in the US
  • Sensex surges over 800 points, Nifty hits record high on India-US trade deal hopes

    A strong global market trend further bolstered investor sentiment, lifting equities. The 30-share BSE Sensex rallied 500.81 points to 80,743.05 in early trade, while the NSE Nifty advanced 110.65 points to 24,444.85.
  • Rupee rallies 77 paise to 83.77 against dollar amid robust GST data and foreign inflows

    Forex traders noted that GST collections surged to a record ₹2.37 lakh crore in April, indicating strong domestic demand. Additionally, upbeat sentiment was supported by a rally in domestic equities, fueled by consistent foreign fund inflows.
  • Opinion: Labour rights and ecological sustainability

    Cleaner production goes beyond green policies and lies in incorporating Social, Environmental and Economic aspects for a sustainable framework
  • Eternal to shut Zomato Quick, Everyday businesses

    Zomato, which re-branded itself to Eternal in March, reported a net profit of Rs 39 crore for the fourth quarter ended March
  • Cognizant to hire 20,000 freshers

    The company plans to hire many more fresh graduates to build a stronger workforce pyramid, especially since managed services projects have increased over the past two years, said Cognizant CEO Ravi Kumar
  • Hyderabad has maximum vacant office space among major Indian cities

    According to the Vestian report, Hyderabad holds 28 mn sft of vacant stock, the highest among the top seven cities and the stock is expected to rise further in 2025 due to a strong pipeline of upcoming supply in the city
  • Prime Minister Modi to commission Vizhinjam seaport on May 2

    Vizhinjam is India’s first dedicated transshipment port and also the country’s first semi-automated port. The deep-water port has been developed by Adani Ports and Special Economic Zone Ltd
  • alt.f coworking opens facility in Hyderabad with over 1,200 seats

    The company has opened its first centre in Hyderabad at Nanakramguda Financial District
  • Tesla chair denies report about replacing Musk as CEO

    The Wall Street Journal (WSJ) reported that as sales and profits tanked with Musk focusing on his work with the Donald Trump administration, "Tesla's board began mulling a replacement, it also met with Musk, telling him he had to spend more time with Tesla"
  • ATM transaction revised rules come into effect from May 1; Check here for new charges

    As per the new guidelines, customers are now eligible for five free transactions every month from their respective banks. They will be charged if the limit exceeds
  • Flutter’s Hyderabad Global Capability Centre surpasses 1,000 employees

    As part of its global sustainability strategy, the Positive Impact Plan, Flutter committed GBP 30,000 in 2024 to support local initiatives in Hyderabad, including cancer screening for 550 women and Data Science and Machine Learning education for 76 students.
  • IndusInd Bank appoints ‘committee of executives’ to run bank following CEO’s resignation

    "The Board has constituted such “Committee of Executives” to oversee the operations of the bank, under the oversight and guidance of the Oversight Committee of the Board till a new MD&CEO...assumes charge or a period of 3 months," IndusInd Bank said
  • Blinkit-Airtel SIM home delivery on hold; DoT asks telecom service to abide by stipulated KYC norms

    New Delhi: Just days after Blinkit-Airtel SIM home delivery was announced with much fanfare, the service has been put on hold, sources said. The move came after DoT queried Airtel on the process being followed and made it clear that stipulated norms have to be complied with, the sources said. The Telecom Department recently circulated […]
  • NSE IPO: Sebi chief Pandey says discussions ongoing with bourse to resolve key issues

    Sebi's concerns include the compensation given to key management personnel, technology and the majority ownership in Clearing Corporation, among others
  • Income tax department notifies ITR forms 1, 4 for AY 2025-26

    ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers
  • Pakistan Stock Exchange slumps amid escalating tensions with India

    Shares at the PSX fell over 2,000 points in intraday trade amid uncertainty over speculation that India might launch military strikes against Pakistan
  • Rupee falls 19 paise to 85.15 amid India-Pakistan tensions and stronger dollar demand

    According to forex traders, escalating geopolitical tensions between India and Pakistan have triggered a risk-off sentiment in the market, weighing on the rupee. However, steady foreign fund inflows and stable crude oil prices helped limit the domestic currency’s decline.
  • Sensex, Nifty rebound after early losses amid US market rally and FII inflows

    The 30-share BSE Sensex slipped by 232.51 points to 80,055.87 in early trade, while the NSE Nifty dropped 67.15 points to 24,268.80. However, both indices later clawed back their losses and moved into positive territory, with the Sensex rising 76.72 points to 80,365.10 and the Nifty gaining 23.30 points to reach 24,359.25. 1/2
  • Opinion: The Double Burden — gender gap in unpaid labour

    While more women are participating in paid work, this has not been accompanied by a reduction in unpaid work
  • IndusInd Bank CEO Sumant Kathpalia resigns

    Bank’s Deputy CEO Arun Khurana had tendered his resignation on Monday in the wake of accounting lapses costing Rs 1,960 crore to the private lender
  • Nexus between renowned banks and builders: Supreme Court of India orders CBI probe

    Advocate Rajiv Jain, the amicus curiae, called Supertech the “main culprit” in defrauding homebuyers whereas Corporation Bank advanced more than Rs 2,700 crore to builders through subvention schemes
  • Paytm’s First Games to challenge Rs 5,712 crore GST notice

    The notice, received on April 28, 2025, relates to an ongoing Goods and Services Tax (GST) matter that has been under review across the online gaming industry for over 18 months.
  • Over half of Indian business leaders use AI for sustainability: Report

    Indian businesses are also optimistic about the future of AI. Nearly 79 per cent of leaders believe that AI will positively transform their industries -- much higher than the global average of 69 per cent.
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