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"business-news"

  • 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
  • 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
  • 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
  • Pakistan sets up its first bitcoin reserve

    Pakistan Crypto Council CEO Bilal Bin Saqib made the announcement at the Bitcoin Vegas 2025 conference in Las Vegas, which was attended by US Vice President JD Vance and sons of President Donald Trump, Eric and Donald Trump Jr
  • Pixel devices now available in India via official online Google Store

    Google begins direct sales of Pixel devices allowing consumers to purchase smartphones, watches, buds, and accessories directly for the first time in India
  • E-rupee in circulation grows to Rs 1,000 crore

    Reserve Bank of India exploring commencement of central bank digital currency pilots on cross-border payments
  • Radico Khaitan withdraws brand name ‘Trikal’ for new single malt whisky

    The company faced backlash on social media platforms as imagery on the product label had a resemblance to a religious iconography
  • Lokpal gives clean chit to former SEBI chief Madhabi Puri Buch

    The Lokpal said that the complaints, including the one by TMC MP Mahua Moitra, filed last year were essentially founded on the report “by a known short seller trader whose focus was to expose or corner Adani Group of Companies”
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