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Vedanta Resources Ltd (VRL) is a ‘parasite’ holding company with no significant operations of its own, propped up entirely by cash extracted from its dying ‘host’: Vedanta Ltd (VEDL), Viceroy said in an 85-page report
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The drug-maker is recalling India-produced Metoprolol Succinate extended-release tablets in 100 count and 500 count bottles in US
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Billionaire Anil Agarwal’s company denies allegations, says report aimed at manipulating market sentiment for profit
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The chatbot, developed by Musk’s company xAI, posted vulgarities against Turkish President Recep Tayyip Erdogan, his late mother and personalities, while responding to users’ questions on the X
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Sabih Khan, 58, has been with Apple for 30 years and is currently senior vice president of operations. The transition comes at a time when US President Donald Trump nudged Apple to move production of iPhone to America
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Hundreds of Chinese professionals working at Foxconn India units have returned to China in the last two months
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Millions of bank workers across India will join nationwide strike on July 9 as unions protest labour reforms and privatisation of public institutions
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The social media platform said the Ministry of Electronics and Information Technology demanded immediate action — within one hour — without providing justification, and required the accounts to remain blocked until further notice
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Says Sebi investigation began in April 2024 during her tenure; calls media allegations of regulatory failure “unfortunate”
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US President Donald Trump said the country is close to finalising a trade deal with India, as his administration sends out tariff letters to other nations. India, spared from this round, has three more weeks to conclude an interim agreement
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The US has extended the suspension of reciprocal tariffs against India until August 1, offering a temporary relief to exporters. This extension provides negotiators more time to resolve pending issues ahead of finalising an interim India-US trade agreement
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Ola Electric has begun rolling out its new MoveOS 5 software to S1 scooters and Roadster X bikes. The upgrade, delivered via OTA, promises better range, improved performance, and a more refined riding experience, especially on the Gen-3 platform
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Indian textile stocks surged after US President Donald Trump imposed a 35 per cent tariff on Bangladeshi goods. Companies like Gokaldas Exports and Vardhman Textiles saw gains. The US warned of further action if Bangladesh retaliates with higher tariffs.
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Smartphone brand realme has appointed actor Vicky Kaushal as its brand ambassador ahead of the July 24 launch of the realme 15 Series
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The UAE has revamped its Golden Visa scheme, offering lifetime residency for AED 100,000 (~Rs 23.3 lakh). This change may reshape Indian investment strategies, shifting focus from residency-based property purchases to long-term, value-driven real estate decisions
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JioBlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock, has raised Rs 17,800 crore through its maiden New Fund Offer. The three-day NFO received strong participation from institutional and retail investors, marking a significant debut in the debt fund space
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China stated that BRICS is not a confrontational bloc and targets no nation, responding to Donald Trump’s threat to impose extra tariffs on countries supporting BRICS. China reiterated its stance on open cooperation and warned against protectionist trade practices
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India’s service sector has become the backbone of the nation’s economic growth, contributing 55 per cent to GVA in FY25. A new report highlights massive growth across IT, BFSI, healthcare, telecom, and e-commerce
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Sebi Chairman Tuhin Kanta Pandey said the regulator does not see widespread risks similar to the Jane Street manipulation case. SEBI is planning to enhance surveillance after impounding over Rs 4,843 crore from the hedge fund for index manipulation
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The company also secured European Commission authorisation, enabling the launch across the EU and EEA regions
