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"business-news"

  • AI can turn blue-collar into gold: Anand Mahindra

    Young India Skills University in Telangana is a pioneering institution preparing India's youth for a future that blends high-tech proficiency with vocational mastery, says Mahindra Group Chairman
  • Indian economy to record high growth despite global volatility: RBI Governor Sanjay Malhotra

    Maintaining financial stability and strengthening financial system remain RBI north star, says Malhotra in his foreword in the latest edition of RBI Financial Stability Report
  • Govt freezes Vodafone-Idea’s dues, grants 5-year moratorium on payments

    The Union Cabinet, led by Prime Minister Narendra Modi, has frozen Vodafone-Idea's AGR dues of Rs 87,695 crore, allowing the compnay to start paying from FY2031-32 and clear the amount by 2040-41
  • Govt seeks $30 billion from Reliance, BP in KG-D6 gas field dispute

    India’s government says RIL and BP built larger-than-required facilities at KG-D6 fields and failed to meet output targets
  • Editorial: Reforming India’s insurance sector

    Government’s move to raise FDI limit in the insurance sector to 100 per cent is welcome, but it must address genuine concerns with openness and fairness
  • Rupee falls to record low of 91.01 against US dollar

    The rupee has fallen from 90 a dollar to 91 in the last 10 trading sessions, and according to forex traders, the Indian currency might even cross the 92 per dollar-mark in December
  • HDFC Bank gets RBI approval to raise stake in IndusInd Bank to 9.5 per cent

    HDFC Bank has received RBI approval to raise its stake in IndusInd Bank up to 9.5 per cent. The clearance is subject to compliance with banking, securities and foreign exchange regulations, and bars board representation
  • India, US very close to finalising framework trade deal: Commerce Secretary

    India and the US are close to finalising a framework trade deal to address high tariffs, Commerce Secretary Rajesh Agrawal said. Parallel talks are also underway on a comprehensive bilateral trade agreement to deepen economic ties
  • Netflix to acquire Warner Bros studio and streaming business for USD 72 billion

    Beyond its namesake television and motion picture division, Warner owns HBO Max and DC Studios
  • IndiGo warns of more cancellations till December 8, reduction in services

    The airline, which generally operates around 2,300 flights daily with a fleet of over 400 planes, has seen its punctuality plummet with the operational disruptions that are expected to continue for many more days
  • Rs 546 crore ‘unlawful gain’: Sebi bans influencer Avadhut Sathe

    Sebi barred financial influencer Avadhut Sathe and his firm, Avadhut Sathe Trading Academy, from the securities market and ordered them to disgorge Rs 546 crore earned from allegedly running unregistered investment advisory and research services that misled over 3.37 lakh investors
  • Govt to divest 6 per cent stake in Bank of Maharashtra

    At the floor price, the government would mop up about Rs 2,492 crore by divesting its 6 per cent stake in the state-owned lender
  • India in talks with 50 nations for fair and balanced trade deals: Piyush Goyal

    India is in talks with 14 countries or blocs representing 50 nations on fair and balanced trade agreements, Commerce Minister Piyush Goyal said. He highlighted India’s focus on resilient supply chains, self-reliance, innovation, and expanding partnerships through major FTAs
  • Britain’s Daily Mail publisher in talks to buy Telegraph

    The battle over ownership of Telegraph, a fixture on Britain's media landscape since 1855, began in 2023, when the Barclay family lost control of the company in a dispute with its lenders
  • Adani wins lenders’ nod to take over debt-laden Jaiprakash Associate for Rs 14,535 crore

    Sources said lenders preferred Adani's plan primarily because it offered a higher upfront payment compared to competing proposals
  • Infosys to kick off largest-ever share buyback of Rs 18,000 crore on Nov 20

    The company aims to buy back 10 crore fully paid-up equity shares of face value of Rs 5 each, representing up to 2.41 per cent of the total paid-up equity share capital
  • John Ternus emerges as frontrunner to succeed Tim Cook as Apple CEO: Report

    Apple's board accelerates succession plans as the company prepares for Tim Cook's resignation after 14 years at the helm of the tech giant
  • Noel Tata wins partial bid to place son in Tata Trusts amid internal rift

    A power tussle is brewing within the Tata Trusts as Noel Tata managed to get his son Neville appointed to the Sri Dorabji Tata Trust, but failed to push the same move in the Sir Ratan Tata Trust due to internal objections
  • Tata Motors Commercial Vehicles listing a defining moment: N Chandrasekaran

    Listing of Tata Motors Commercial Vehicles business comes after Tata Motors was split into two independent listed entities
  • Mahindra sells entire stake in RBL Bank for Rs 678 crore

    On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore 
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