Indian government planning to introduce new 'universal pension scheme' for all citizens
Feb 26, 2025, at 03:19 pm
The Indian government is working to introduce a 'universal pension scheme' for people belonging to all sections of society, including those belonging to the unorganised sector, media reports said.
Adani Wilmar rebrands as AWL Agri Business to reflect agri-focused growth
Feb 25, 2025, at 11:10 pm
Adani Group’s FMCG arm, Adani Wilmar, has officially rebranded as AWL Agri Business Limited following shareholder approval, the company announced in a press release on Tuesday.
Unilever CEO Hein Schumacher ousted after 18 months, CFO Fernando Fernandez to take over
Feb 25, 2025, at 10:50 pm
Unilever surprised investors on Tuesday by abruptly replacing Chief Executive Hein Schumacher with Chief Financial Officer Fernando Fernandez, less than two years into Schumacher’s tenure, Reuters reported.
Tata Power to invest Rs 30,000 crore in Assam’s renewable energy push with 5000 MW projects
Feb 25, 2025, at 09:33 pm
Guwahati: Tata Power has inked a Memorandum of Understanding (MoU) with the Assam Government to tie up and support up to 5000 MW of renewable and clean energy projects comprising solar, wind, hydro and energy storage in the state with Rs 30000 crore investment over the next five years.
India may extend curbs on met coke imports to push local sourcing
Feb 25, 2025, at 07:52 pm
New Delhi: India is likely to extend restrictions on low-ash metallurgical coke (met coke) imports beyond June to push domestic steel mills to source the raw material locally, Reuters reported, citing sources.
Ambani, Adani to invest Rs 50,000 cr each in Assam; PM Modi inaugurates Advantage Assam 2.0
Feb 25, 2025, at 07:21 pm
Guwahati: Billionaire industrialists Mukesh Ambani and Gautam Adani on Tuesday announced plans to invest Rs 50,000 crore each in Assam across various sectors, Business Standard report.
Taiwan-based Delta Electronics announces plan to invest USD 500 million in India
Feb 25, 2025, at 04:20 pm
Taiwan-based Delta Electronics has announced it is planning to invest $500 million in India under the Indian government's Make in India initiative.
Sensex sinks below 75,000 mark, Nifty crashes below 22,600; IT stocks lead plunge
Feb 24, 2025, at 05:16 pm
The Indian stock market bled on Monday with S&P BSE Sensex losing 856.55 points to close at 74,454.41.
Mahindra launches Scorpio-N Carbon, prices start at Rs. 19.19 lakhs
Feb 24, 2025, at 04:49 pm
Automobile giant Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, on Monday launched the Scorpio-N Carbon Edition to mark a landmark achievement – 200,000 units sold of the game-changing Scorpio-N.
boAt set to file confidential IPO papers in FY26, eyes Rs 2,000 cr listing
Feb 21, 2025, at 09:07 pm
Bengaluru: Consumer electronics brand boAt is gearing up to submit a confidential Draft Red Herring Prospectus (DRHP) for its initial public offering (IPO) in the financial year 2025-26, sources told CNBC-TV18.
Bajaj Auto to invest up to €150 million in Netherlands arm
Feb 21, 2025, at 07:42 pm
New Delhi: Bajaj Auto Ltd announced on Friday that its board has approved an investment of up to €150 million (Rs 1,364 crore) in its wholly-owned subsidiary, Bajaj Auto International Holdings BV (BAIH BV), Netherlands, to support its investment initiatives, PTI reported.
Gautam Adani suffers second-biggest wealth decline after Elon Musk, faces US fraud charges
Feb 21, 2025, at 07:28 pm
Gautam Adani, chairman of the Adani Group, has recorded the second-largest decline in wealth this year, trailing only Tesla founder Elon Musk, according to the Bloomberg Billionaires Index.
India weighs bailout plan for debt-laden state power utilities amid surging demand: Report
Feb 21, 2025, at 06:57 pm
New Delhi: India is exploring a cash injection for heavily indebted state-owned power distribution utilities to ensure sector stability amid rising electricity demand, Reuters reported, citing a Ministry of Power document.
Construction chemical brand Vura Bau-Chemie LLP names Sourav Ganguly as brand ambassador
Feb 21, 2025, at 06:57 pm
Vura Bau-Chemie LLP, a global construction chemical brand, has named former Indian cricket team captain Sourav Ganguly as its brand ambassador and mentor.
India needs 20,000 pilots as aviation sector expands: Civil Aviation Minister
Feb 20, 2025, at 09:17 pm
New Delhi: Civil Aviation Minister K Rammohan Naidu stated on Thursday that India will require at least 20,000 pilots in the coming years to meet the increasing demand for air travel, media reports said.
Delhi-Mumbai Expressway faces two-year delay, full completion now expected by 2027: Report
Feb 20, 2025, at 09:01 pm
New Delhi: Commuters hoping to travel between Delhi and Mumbai in just 12 hours will have to wait longer, as the Delhi-Mumbai Expressway's completion has been pushed back by two years, The Times of India reported.
SBI Credit Card customer shares rude recovery message, sparks debate on customer service
Feb 20, 2025, at 07:35 pm
A State Bank of India (SBI) Credit Card customer recently took to X (formerly Twitter) to share a rude message he received from a bank executive regarding his pending payment, media reports said.
Murata considers shifting iPhone component prodn to India amid supply chain shifts: Report
Feb 19, 2025, at 08:34 pm
Japanese electronics component maker Murata Manufacturing Co. is evaluating the possibility of relocating part of its production to India as global supply chains increasingly pivot toward the country, Bloomberg reported.
Suspended Byju’s directors move bankruptcy tribunal to block creditors from deciding BCCI settlement
Feb 19, 2025, at 08:24 pm
The suspended directors of embattled edtech firm Byju’s have approached the National Company Law Appellate Tribunal (NCLAT) to prevent its creditors from deciding on a ₹158 crore settlement with the Board of Control for Cricket in India (BCCI), Mint reported.
Anand Mahindra unfazed by Tesla’s India entry, says Mahindra Group thrives on competition
Feb 19, 2025, at 08:04 pm
Mumbai: Mahindra Group Chairman Anand Mahindra remains unfazed by Tesla’s anticipated entry into the Indian market.
Trump signals 25% tariffs on auto, semiconductor, and drug imports by April: Report
Feb 19, 2025, at 07:48 pm
Washington DC: President Donald Trump indicated he is likely to impose tariffs of around 25% on automobile, semiconductor, and pharmaceutical imports, with an announcement expected as early as April 2, Bloomberg reported.
PNB reports Rs 270.57 cr fraud by Gupta Power Infrastructure to RBI
Feb 19, 2025, at 07:26 pm
Mumbai: State-owned Punjab National Bank (PNB) has reported a fraud of Rs 270.57 crore involving Odisha-based Gupta Power Infrastructure Ltd to the Reserve Bank of India (RBI).
ONGC seeks JV partners to build ethane carriers for petrochemical plant
Feb 19, 2025, at 06:04 pm
Mumbai: India’s Oil and Natural Gas Corporation (ONGC) is seeking joint venture partners to develop very large ethane carriers (VLECs) for transporting feedstock to its petrochemical plant in western India, according to a document published on its website, Reuters reported.
Tata Steel UK secures approval for Electric Arc Furnace in Port Talbot
Feb 18, 2025, at 11:32 pm
London: Tata Steel UK announced on Tuesday that it has secured approval for its state-of-the-art Electric Arc Furnace (EAF) project in Port Talbot, South Wales.
Tesla signals India entry with job listings amid eased import duties
Feb 18, 2025, at 10:13 pm
After years of stalled plans due to high import taxes and logistical hurdles, Tesla appears to be gearing up for its long-awaited India entry.
ICRA projects India’s Q3 GDP growth at 6.4% on higher govt spending
Feb 18, 2025, at 09:28 pm
New Delhi: ICRA on Tuesday estimated India’s GDP to grow by 6.4% in the December quarter, citing increased government spending despite uneven consumption trends, reported The Economic Times.
Licious eyes 2026 IPO, targets profitability as it expands offline presence
Feb 18, 2025, at 09:20 pm
Bengaluru: Temasek-backed online meat and seafood retailer Licious is gearing up for an initial public offering (IPO) in 2026, with a focus on achieving profitability ahead of the listing, Bloomberg reported.
Mittal’s entity sells $976 million Airtel stake; Bharti Telecom boosts holding: Report
Feb 18, 2025, at 08:23 pm
Mumbai: A company controlled by billionaire Sunil Bharti Mittal has sold shares worth $976 million in India’s second-largest wireless carrier, as the first-generation entrepreneur looks to raise funds for new business ventures, Bloomberg reported.
India’s top 500 private firms worth $3.8 trillion, surpassing 2023 GDP
Feb 18, 2025, at 08:13 pm
New Delhi: The combined valuation of India’s 500 most valuable non-state-run companies stood at Rs 324 trillion ($3.8 trillion) in 2024, surpassing the country’s estimated 2023 gross domestic product (GDP) of $3.5 trillion, according to a report released by Axis Bank’s Burgundy Private and Hurun India.
EU, Indian Ministry of Textiles launch seven projects targeting handicraft industry
Feb 17, 2025, at 04:45 pm
The European Union (EU) and the Indian Ministry of Textiles recently jointly launched seven new projects to strengthen South Asian country's textile and handicraft industry, on the sidelines of Bharat Tex.