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"business-news"

  • 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
  • India Mobile Congress 2025 to showcase capabilities India has built over last decade: Minister Jyotiraditya Scindia

    The Union Minister Jyotiraditya Scindia, referring to the theme of the event titled “Innovate to Transform,” highlighted that it underscores and articulates the idea that innovation has always been at the heart of India’s journey of transformation
  • India-made Maruti Suzuki and Honda Cars gain traction in Japanese market

    According to figures compiled by the SIAM, India’s car exports to Japan jumped to $616.45 million in the first nine months of 2024-25, which represents a close to 3-fold jump over the $220.62 million worth exports in full financial year of 2023-24
  • OYO starts discussions with banks for IPO

    Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering
  • Centre to address e-commerce dark pattern concerns with all stakeholders

    All major e-commerce platforms, working in food, travel, cosmetics, pharmacy, retail, clothing and electronics sectors will participate in the meeting, according to a statement by the Ministry of Consumer Affairs
  • NITI Aayog rolls out 6-point road map for transforming India’s medium enterprises

    The report highlights that medium enterprises comprise a mere 0.3 per cent of the country’s MSMEs but account for 40 per cent of the sector’s exports, and outlines targeted interventions to unlock their full potential
  • Liquidation of BPSL: Supreme Court orders status quo on proceedings pending before NCLT

    A bench of Justices B V Nagarathna and Satish Chandra Sharma said liquidation of the BPSL might jeopardise the review petition, which was to be filed by JSW Steel Limited
  • Relocation of existing HAL facility is not acceptable to Karnataka: Minister M B Patil

    Karnataka Minister for Large and Medium Industries M B Patil said there is nothing wrong in setting up a HAL unit in Andhra, but the relocation of the existing HAL facility is not acceptable
  • Radico Khaitan’s ‘Trikal’ brand liquor draws ire of religious gurus, Hindu organisations

    The company, Radico Khaitan, has used the name ‘Trikal’ on its IMFL on its single malt bottle priced at Rs 3,500- Rs 4,500. The whisky bottle with a teal label also carries a line-drawn figure of a face with closed eyes and a circle on the forehead – allegedly similar to Lord Shiva’s third eye
  • Reliance Jio seeks DoT approval to use 26 GHz band spectrum for WiFi

    According to sources, Jio has approached TEC - the technical arm of the Department of Telecommunications (DoT) - seeking approval to use radiowaves in the 26 GHz band for WiFi services
  • India PC market grows for 7th straight quarter at 8.1 per cent in Q1, 3.3 million units shipped

    According to data from the International Data Corporation (IDC), this marks the seventh consecutive quarter of growth for the Indian PC market
  • Hyundai Motor Group unveils $91.4 million startup investment fund

    The Hyundai group's third fund under its ZER01NE accelerator program has been set up at a scale of 125 billion won (US$91.4 million), with financial participation from group affiliates
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