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"india-news"

  • British American Tobacco sells 2.5 per cent stake in ITC for Rs 12,927 crore

    Following the stake sale, shares of ITC went lower by 1.15 per cent to trade at Rs 421.15 apiece on the NSE. British American Tobacco (BAT), through its arm Tobacco Manufacturers (India) Ltd, sold the stake in Kolkata-based ITC
  • IndiGo appoints Vikram Singh Mehta as new Chairman

    IndiGo, announced the appointment of Vikram Singh Mehta as the new Chairman, succeeding Venkataramani Sumantran. Mehta has been a Member of the Board of InterGlobe Aviation Ltd (IndiGo) since May 2022
  • Automaker Nissan has no plans to exit Indian market: Official

    The Nissan company, on the contrary, plans to introduce three new products in the Indian market by early part of 2027 and also aims to add 20 more dealerships this year
  •  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.
  • 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
  • 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
  • Maharashtra: More than 9,000 farmers, fishermen affected by unseasonal rains

    A comprehensive relief proposal was sent to the government for financial assistance from the State Disaster Response Fund (SDRF), an official release by the district administration stated
  • 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
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