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Home  Business

Business

Rajiv Memani takes over as new CII President for FY26

Rajiv Memani takes over as new CII President for FY26

  • Vietnam’s Vingroup in talks with Andhra, Telangana governments to expand presence in India

    VinFast, the electric vehicle (EV) unit of Vingroup, plans to launch its VF7 and VF6 models in India before the festival season this year
  • Piyush Goyal commences official visit to France, Italy to boost strategic, economic ties

    Union Minister Goyal is scheduled to hold bilateral meetings, including with Eric Lombard, Minister of Economy, and Laurent Saint-Martin, French Trade Minister, according to the Commerce Ministry
  • Toyota Kirloskar Motor sales up 22 per cent to 30,864 units in May

    In May 2024, Toyota Kirloskar Motor had sold a total of 25,273 units
  • Hyderabad-based Dr Reddy’s not to sell Novo Nordisk’s Ozempic-like drug in India

    The undertaking to Delhi HC follows a patent infringement plea filed by the Danish drugmaker against Dr Reddy’s Laboratories and OneSource Speciality Pharma. Novo Nordisk’s blockbuster weight-loss drug Ozempic Wegovy is expected to be launched soon in India
  • Vodafone Idea reports net loss of Rs 7,166 crore in Q4, revenue slips

    Vodafone Idea has reported a wider net loss of Rs 7,166.1 crore for the fourth quarter ended March 31 (Q4 FY25), compared to a loss of Rs 6,609.3 crore in the previous quarter (Q3 FY25)
  • China’s factory activity contracts in May: Official survey

    China's purchasing managers' index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. PMI is measured on a scale from 0 to 100, where 50 marks the cutoff between expansion and contraction
  • ‘When will PM Narendra Modi break his silence?’ Congress on Trump’s truce claims

    Congress general secretary Jairam Ramesh tagged a video clip of Trump to say this is the 11th time in 21 days that Modi's "great friend" claimed he had a role to play in the ceasefire between the two neighbours
  • Doubling tariff on steel, aluminium by US to impact Indian exporters: GTRI

    On May 30, Trump announced that he would double the existing 25 per cent tariffs on steel and aluminium imports from June 4
  • SEBI confirms ban on LS Industries, key individuals amid fraud investigation

    Securities and Exchange Board of India (SEBI)'s suspension comes as part of an ongoing investigation into allegations of fraudulent activities and manipulation of the company’s share price
  • India-Chile Comprehensive Economic Partnership Agreement to boost global value chains

    The CEPA aims to unlock the full potential of the trade and commercial relationship between India and Chile, boosting employment, bilateral trade, and economic growth
  • Trump to double steel tariffs to 50 pc from next week

    The US President later posted on social media that the higher tariff rate would take effect on June 4
  • India taps to pay — Thanks to UPI

    UPI has made everyday transactions seamless, instant, and cashless for millions of people in the country
  • Three more teams to power India AI mission

    Soket AI, Gan AI, Gnani AI selected for building indigenous foundation model, said IT Minister Ashwini Vaishnaw
  • India’s Q4 GDP slows to 7.4 per cent, annual growth at four-year low of 6.5 per cent in FY25

    The size of the Indian economy rose to Rs 330.68 lakh crore or about USD 3.9 trillion, according to government data
  • Excel utility for ITR-1, ITR-4 now available. Taxpayers can start filing income tax returns

    The ITR-1 and ITR-4 forms are filed by individuals, HUFs and entities with total income up to Rs 50 lakh a year and who do not have to get their accounts audited
  • Kotak Securities slashes Ola Electric’s target price by 40 per cent

    Kotak Securities slashed price target on Ola Electric by 40 per cent to Rs 30 from Rs 50, citing continued losses and rising competition
  • Myntra creates over 20,000 employment opportunities

    Fashion and lifestyle e-commerce platform Myntra created over 20,000 gig jobs to meet expected demand surge during annual sale
  • IndiGo to start direct flights to 10 international destinations, including London, Athens

    IndiGo will start direct flights to a total of 10 international destinations, including London and Athens, other destinations include Amsterdam (the Netherlands), Manchester (the UK), Copenhagen (Denmark), Siem Reap (Cambodia) and four places in Central Asia
  • CCPA issues guidelines to regulate walkie-talkie sales on e-commerce sites

    The new framework aims to check the sale of walkie-talkies without proper frequency disclosure, licensing information, or Equipment Type Approval (ETA) — practices that violate the Consumer Protection Act, 2019
  • SEBI bars actor Arshad Warsi, wife Maria Goretti and 57 others from markets for up to 5 years

    The regulator imposed a fine of Rs 5 lakh each on Warsi and his wife, Maria. The decision came in a case related to misleading videos on YouTube channels recommending investors to buy shares of Sadhana Broadcast
  • Suzlon Energy shares surge nearly 14 per cent after Q4 earnings

    The stock jumped 13.57 per cent to Rs 74.30 on both the BSE and NSE. The Suzlon Energy's market valuation surged by Rs 8,981.06 crore to Rs 98,271.98 crore in morning trade
  • Ola Electric shares drop nearly 10 per cent post-announcement of Q4 earnings

    Ola Electric reported a consolidated net loss of Rs 870 crore in the fourth quarter ended March 2025, while noting that it is targeting profitability in the current fiscal
  • Sensex falls 219 points, nifty slips amid IT drag and weak Asian market cues

    The 30-share BSE Sensex fell by 219 points to 81,414.02 in early trade, while the NSE Nifty slipped 53.6 points to 24,780, as investors adopted a cautious stance ahead of the domestic GDP data release, according to analysts.
  • Rupee rises 19 paise to 85.29 against US dollar amid lower crude prices, foreign inflows

    Forex traders noted that the rupee's gains were limited by a strong US dollar and unstable stock markets, while investors remained cautious ahead of the domestic GDP data release.
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