"business-news"

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

Adani, Asia's second-richest person behind Reliance Industries' Mukesh Ambani, said the objective of his conglomerate is not to just build businesses but also to create new possibilities

India launched the SPMEPCI portal to attract global EV makers and boost domestic manufacturing. With reduced import duties and incentives for investment, the scheme supports clean mobility, innovation, job creation, and aims to position India as an EV manufacturing hub

Gautam Adani praised Indian Armed Forces for Operation Sindoor against terror sites, highlighting Adani Defence’s role with drones. He honoured their sacrifices and mourned the Air India crash victims. He emphasised that peace is earned through bravery and vigilance

Basmati exporters in Haryana face severe disruptions due to the Iran-Israel conflict, with 1 lakh tonnes stuck at ports and payments worth up to Rs 2,000 crore delayed. Trade risks have surged amid lack of insurance, affecting prices and exporter confidence

The Wildlife Institute of India warned staff of salary delays for skipping Yoga Day without notice but withdrew the order hours later. The directive, deemed excessive by employees, was clarified as a routine email with no actual action planned

SBI will train its 2.36 lakh employees in financial planning through a tie-up with FPSB India, enhancing customer service and financial literacy. The bank also launched year-round virtual yoga sessions to promote holistic employee well-being and a mindful work culture

Despite Middle East tensions, India’s export sector remains resilient. FIEO notes minor disruptions in Gulf trade, but exporters are adapting through diversification and logistics management. Crude volatility is a concern, but support from the government and RBI ensures macroeconomic stability

India faces crude supply risks due to Strait of Hormuz tensions, but Saudi’s Red Sea route and rising Russian, US, and Latin American oil imports reduce disruption chances. Full closure is unlikely, though short-term delays and freight hikes are expected