Business

BSNL had made a loss of Rs 849 crore in the fourth quarter of the previous financial year. The company’s loss for the full financial year 2024-25 has now been reduced by 58 per cent to Rs 2,247 crore in FY-25 from Rs 5,370 crore in FY-24

Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,559 crore (USD 1.36 billion) through a block deal

More than a quarter (28 per cent) of family offices are planning to increase their exposure to India over the next 12 months, while almost a fifth (18 per cent) are planning to increase exposure to China

Bengaluru joins cities like Beijing, Boston, London, New York Metro, Paris, San Francisco Bay Area, Seattle, Shanghai, Singapore, Tokyo and Toronto

India's foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, it said

FM Nirmala Sitharaman visited the office of Pine Labs, a digital fintech company, in Noida and interacted with its employees and staff members

The Finance Ministry will seek inputs and representations from industry leaders on the proposed rate rationalisation, the future of the compensation cess, and broad structural reforms as part of the GST 2.0 reforms

Quick commerce platform Instamart has dropped parent Swiggy from its name, in a strategic move aimed at carving a standalone brand identity

In January, Jio Financial and its joint venture partner, US-based BlackRock, had infused Rs 117 crore in the mutual fund company Jio BlackRock Asset Management Private Limited

The Union Minister Jyotiraditya Scindia, referring to the theme of the event titled “Innovate to Transform,” highlighted that it underscores and articulates the idea that innovation has always been at the heart of India’s journey of transformation

According to figures compiled by the SIAM, India’s car exports to Japan jumped to $616.45 million in the first nine months of 2024-25, which represents a close to 3-fold jump over the $220.62 million worth exports in full financial year of 2023-24

Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering

All major e-commerce platforms, working in food, travel, cosmetics, pharmacy, retail, clothing and electronics sectors will participate in the meeting, according to a statement by the Ministry of Consumer Affairs

The report highlights that medium enterprises comprise a mere 0.3 per cent of the country’s MSMEs but account for 40 per cent of the sector’s exports, and outlines targeted interventions to unlock their full potential

A bench of Justices B V Nagarathna and Satish Chandra Sharma said liquidation of the BPSL might jeopardise the review petition, which was to be filed by JSW Steel Limited

Karnataka Minister for Large and Medium Industries M B Patil said there is nothing wrong in setting up a HAL unit in Andhra, but the relocation of the existing HAL facility is not acceptable

The company, Radico Khaitan, has used the name ‘Trikal’ on its IMFL on its single malt bottle priced at Rs 3,500- Rs 4,500. The whisky bottle with a teal label also carries a line-drawn figure of a face with closed eyes and a circle on the forehead – allegedly similar to Lord Shiva’s third eye

According to sources, Jio has approached TEC - the technical arm of the Department of Telecommunications (DoT) - seeking approval to use radiowaves in the 26 GHz band for WiFi services

According to data from the International Data Corporation (IDC), this marks the seventh consecutive quarter of growth for the Indian PC market

The Hyundai group's third fund under its ZER01NE accelerator program has been set up at a scale of 125 billion won (US$91.4 million), with financial participation from group affiliates

In a LinkedIn post, Palicha said the spam campaign includes “calling our investors to make wild allegations about us with no empirical evidence, giving out false numbers/Excel sheets on Zepto through sources known to journalists, and paying bots on social media to spread a negative narrative”

Jupiter Renewables, a subsidiary of Kolkata-based Jupiter International, plans to set up a 4.8 gigawatt (GW) solar photovoltaic (PV) cell and 1.5 GW module manufacturing facility at Rambilli in Anakapalli district, with an investment of Rs 2,700 crore

Low inflation for the rest of the year will result in improving real purchasing power of households and lowering input costs for corporates in India, an HSBC Research report

Additionally, market optimism was further boosted by the early arrival of the monsoon, the Reserve Bank's record Rs 2.69 lakh crore dividend announcement for FY25, and US President Donald Trump's decision to postpone 50 per cent EU tariffs until July 9, experts noted.