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"business-news"

  • Hyderabad-based MedPlus sees 12 per cent rise in net profit in Q4 of FY25

    Company’s board approved appointment of Subrahmanyam Sharma Tatapudi as Chief Technology Officer, effective 27 May 2025
  •  Apple’s iPhone 16 world’s best-selling smartphone in Q1 2025: Report

    Apple maintained its strong presence in the top-10 list, securing five spots for the fifth consecutive March quarter.
  • Here’s how much TCS paid its CEO in FY25

    TCS CEO K Krithivasan remuneration package increased by 4.6 per cent, nearly 330 times the median salary paid by the company to its 6.07 lakh employees, as per the annual report
  • India, US may agree on interim trade deal by June 25: Sources

    Sources says with a team of US officials expected to visit India next month for trade talks, there is a possibility that the two countries may agree on an interim trade pact by June 25
  • ICCA Board of Directors gets first Indian chairman in 64 years of existence

    For the first time in the 64 years it has been in existence, an Indian has been elected as the Chairman of the International Corrugated Case Association (ICCA) Board of Directors, said M L Agarwal
  • Microsoft partners with India’s Yotta Data Services to boost AI innovation in country

    The partnership enables Microsoft and Yotta to engage with IndiaAI Mission participants, government agencies, IITs, startups, enterprises, and software development companies to leapfrog AI innovation
  • TCS calls generative AI a “civilisational shift”

    Tata Sons chairman N Chandrasekaran, who also chairs the TCS board, said the USD 30 billion IT services company will create a "large pool" of AI agents to work alongside humans and deliver solutions in a "human+AI" model in the future
  • ITC shares drop nearly 5 per cent after stake sale

    The stock tanked 4.33 per cent to Rs 415.10 on the BSE. At the NSE, it tumbled 4.81 per cent to Rs 413. The stock emerged as the biggest laggard among the BSE Sensex firms
  • LIC shares surge nearly 9 per cent post Q4 earnings

    LIC surged nearly 9 per cent after the firm posted a 38 per cent increase in net profit in the fourth quarter ended March 2025
  • China to collect record USD 22 billion BRI debt repayments from developing nations this year

    China had the single largest share of debt to Pakistan with 22 per cent share (about USD 28.786bn), followed by the World Bank's 18 per cent share (USD 23.55bn) and the Asian Development Bank's 15 per cent share (USD 19.63bn)
  • Tesla’s monthly sales in Europe plunge by half as backlash against Musk runs deep

    Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors including an aging model lineup and intensifying competition from rival electric vehicle brands, particularly from China
  • BSNL records first back-to-back quarter profits in FY25 turnaround

    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
  • InterGlobe Aviation promoter Rakesh Gangwal, family trust sells 5.7 per cent stake in IndiGo for Rs 11,559 crore

    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
  • India pips China as top investment country: 2025 Global Family Office

    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 ranks among top 12 global tech powerhouses: Report

    Bengaluru joins cities like Beijing, Boston, London, New York Metro, Paris, San Francisco Bay Area, Seattle, Shanghai, Singapore, Tokyo and Toronto
  • SMFG 20 per cent stake buy in Yes Bank to pave way for other foreign entrants in Indian banking sector: Fitch

    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
  • India’s fintech companies empowering merchants and MSMEs: Finance Minister

    FM Nirmala Sitharaman visited the office of Pine Labs, a digital fintech company, in Noida and interacted with its employees and staff members
  • FM Nirmala Sitharaman to meet representatives of industry on GST reforms

    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
  • Instamart removes parent ‘Swiggy’ in rebranding move for quick commerce platform

    Quick commerce platform Instamart has dropped parent Swiggy from its name, in a strategic move aimed at carving a standalone brand identity
  • Jio Financial gets Sebi nod for mutual fund business

    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
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