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"business-news"

  • Editorial: The first step in Sebi reform

    Sebi Chairman Tuhin Kanta Pandey’s decision to constitute high-level committee to review provisions relating to conflicts of interest, disclosures and other matters was necessary to restore regulator’s credibility
  • One in 5 super rich wants to leave India for good, says survey

    These ultra high networth individuals seek improved standard of living, healthcare solutions, education or lifestyle, according to Kotak Private
  • Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

    Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
  • BHIM 3.0 now smarter, has these many languages, new features

    The rollout of BHIM 3.0 will take place in phases, with full availability expected by April
  • Trouble-hit IndusInd Bank slapped with Rs 30.15 crore GST fine

    The private lender, which is already under scrutiny for discrepancies in its derivatives portfolio, stated it is considering filing an appeal against the GST order
  • Chinese electric vehicle maker BYD zooms past Tesla’s sales

    Recently, BYD announced it was rolling out a superfast EV charging system that it says is nearly as quick as a fill up at the pumps
  • Finance Bill classic case of patchwork solutions: Shashi Tharoor

    Initiating debate on Finance Bill in Lok Sabha, Congress MP Shashi Tharoor alleged that the BJP government’s economic management is facing structural challenges
  • Sensex rallies for 6th straight day, jumps 1,078 points on FII inflows, gains in banks on March 24

    A positive trend in the US and European markets powered the rally in Indian equities; Foreign institutional investors bought shares worth Rs 7,470.36 crore on March 21
  • Acer India follows L&T, announces one-day menstrual leave policy

    Larsen and Toubro, in a first for a major corporate house, had announced a one-day paid menstrual leave for women employees, a move set to benefit about 5,000 women employees at the company
  • Unified Pension Scheme to roll out from April 1. Here’s how it will benefit central govt employees

    Central government employees, currently under National Pension System (NPS), will have the option to switch to Unified Pension Scheme, which incorporates features from both Old Pension Scheme (OPS) and NPS  
  • IndusInd Bank may see a new CEO by October, replacing Sumant Kathpalia: Report

    The board will need to come up with replacement by October, adding that it is unclear if only external names will form part of the shortlist or if any internal candidates will be considered
  • SSF Plastics India Ltd files draft papers for Rs 550 crore IPO

    The proposed IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities
  • Adani Energy Solutions wins Rs 2,800 crore transmission project in Gujarat

    The project, to be delivered to the nation in 36 months, will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra
  • SEBI cracks down on multiple companies for misappropriation of funds for personal use

    SEBI is reported to have initiated investigations against these companies for the alleged illegal diversion of funds by promoters to their relatives or front companies for personal use rather than the declared purpose for which the money was raised
  • Ola’s sales figure mismatch: Government orders probe

    While the total number of registrations by Bhavish Aggarwal-owned Ola Electric on Vahan portal for February stood at 8,652, the company reported sales of over 25,000 units during the period
  • RBI appoints Indranil Bhattacharyya as new Executive Director

    Prior to his promotion as ED, Indranil Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI
  • Adani Group to strengthen foothold in realty space, in talks to buy Emaar’s India business

    Emaar Properties entered the Indian real estate market in 2005 in partnership with India’s MGF Development. It has a large portfolio of residential and commercial spaces across Delhi-NCR, Mumbai, Mohali, Lucknow, Indore and Jaipur
  • India’s coffee exports rise to 40 per cent in April-Feb

    In Rupee terms, the exports increased 43.37 per cent to Rs 13004.75 crore during April-Feb 2024-25 from Rs 9,070 crore in the same 11-month period last
  • Rs 10,600 crore fertilizer project in Assam gets Cabinet nod

    The ammonia-urea complex will come up on the existing premises of the Brahmaputra Valley Fertiliser Corporation Limited at Namrup
  • Uber India narrows losses to Rs 89 crore, expenses surge 26 per cent

    Employee costs accounted for nearly 68 per cent of overall spending, up 29.4 per cent to Rs 2,690 crore in the fiscal year ending March 2024
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