"business-news"

India's cement sector recorded 39.6 million MT production in May 2025, marking 9% YoY growth. ICRA projects continued demand from housing and infrastructure, forecasting 6–7% growth in FY26 and improving operating margins across cement firms

Indian IT giants are shifting focus from general digital services to AI integration. Rather than building AI models, they aim to lead in applying AI across businesses, investing in employee upskilling, partnerships, and innovation labs to drive enterprise-wide AI adoption

Akzo Nobel NV has signed an agreement to sell its shareholding in Akzo Nobel India Ltd (ANIL) to the JSW Group, . The deal includes an open offer and marks Akzo Nobel’s strategic exit from the decorative paints segment, making it the fourth-largest player in India’s paint industry

China confirmed a framework was agreed. The deal touches on rare earth exports, fentanyl regulations, and tariff rollbacks, while trade talks with India are expected soon

Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique payment interface) system 

US-based unit of the drug major is recalling Acetaminophen Tablets (325 mg) in the US due to cGMP (Current Good Manufacturing Practices) deviations

The move enhances the joint venture's goal of offering affordable, tech-driven investment solutions across mutual funds, advisory, and broking

Maharashtra artisans accuse Prada of copying GI-tagged Kolhapuri chappals in its 2026 collection without credit. BJP MP Mahadik urges state action, revenue sharing, and legal protection for artisans, highlighting the cultural and economic impact of this alleged appropriation

The British oil giant reaffirmed its focus on simplifying its business and clarified that no approach or discussions had taken place with BP regarding a potential offer

The provision gives the President the power to appoint a board member and have a say in Nippon Steel's decisions that affect domestic steel production and competition with overseas producers

The job cuts at Xbox are expected to impact several teams and also affect employees working in Microsoft’s global sales operations

The projected valuation of the deal is estimated to be Rs 500 crore. The financial technology company said it aims to leverage WeXL’s existing dataset and platform to strategically transition into building an advanced AI agent framework

IOC, BPCL, and HPCL currently control over 90 per cent of India’s 97,366 petrol pumps and lead the city gas market as well

RTS,S was the first malaria vaccine recommended by the World Health Organization in 2021. The two companies said the price reduction is driven by process improvements, expanded production capacity, cost-effective manufacturing, and minimal profit margins

The richest Asian said Reliance Industries was investing its own billions of dollars in rolling out 4G mobile networks, which some analysts thought might not work out financially as India was not ready for the most advanced digital technology

The stock of Adani Power rallied 1.63 per cent, Adani Enterprises (1.44 per cent), NDTV (1.42 per cent) and Adani Total Gas (0.53 per cent)

HAL and GE Aerospace are set to finalise a deal by March 2025 to jointly produce F-414 jet engines in India for Tejas Mark 2 and AMCA aircraft. HAL will also deliver 156 Prachand combat helicopters under India's biggest defence contract

India has imposed anti-dumping duties on four chemicals, including PEDA and Acetonitrile, from China and other countries to protect domestic industries. The five-year tariffs follow trade remedy recommendations amid rising imports and a growing trade deficit with China

The three firms had filed their preliminary IPO papers with Sebi during February-March. While GNG Electronics is into refurbishing laptops and desktops, Glottis is a logistics service provider and Amanta makes medical devices and sterile liquid products

Gautam Adani revealed that drones and anti-drone systems from Adani Defence played a frontline role in Operation Sindoor, India's precision strike against terror. At the AGM, he praised soldiers, outlined global headwinds, and reaffirmed record-breaking growth and investment goals