January 23, 2025 05:08 am (IST)
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'Very clear that Trump administration is prioritising India': S Jaishankar in US | 'Stop this ridiculous war now or face tariffs': Donald Trump tells Vladimir Putin | JDU sacks Manipur Chief after he declares to withdraw support from BJP government in state | 12 dead after passengers jump off train in Maharashtra over rumours of fire and collision with another train | Saif Ali Khan's attacker wanted to treat ailing mother in Bangladesh with the stolen money: Reports | US prioritises India as Secretary of State Marco Rubio picks Jaishankar for his maiden bilateral meeting | I don't want to stop, but also want competent people: Donald Trump on H-1B visa | QUAD leaders commit to strengthening free and open Indo-Pacific, send veiled message to China in first meeting after Trump's inauguration | At least two Maoists are eliminated by security forces every day: Centre | New US Secretary of State Marco Rubio to hold first bilateral talk with S Jaishankar

Hindustan Unilever acquires 90.5% stake in beauty brand Minimalist for Rs 2,955 cr

Jan 22, 2025, at 10:50 pm

Mumbai: Hindustan Unilever (HUL), India’s largest FMCG company, has announced the acquisition of a 90.5% stake in the Jaipur-based direct-to-consumer (D2C) beauty brand Minimalist, media reports said.

Reliance Consumer Products acquires SIL brand to revitalise India’s heritage food legacy

Jan 22, 2025, at 10:00 pm

Bengaluru: Reliance Consumer Products Limited (RCPL) has acquired the SIL brand, a trusted food label known for its legacy of delivering quality products, the company announced on Tuesday.

NSE’s registered investors cross 11 cr, with 1 cr added in 5 months

Jan 22, 2025, at 09:29 pm

Mumbai: The National Stock Exchange (NSE) announced on Wednesday that the number of unique registered investors on its platform has surpassed 11 crore, with the most recent 1 crore registrations being achieved in just five months, media reports said.

HUL Q3FY25 net profit rises 19% to Rs 3,001 crore, driven by Pureit divestment

Jan 22, 2025, at 07:20 pm

Mumbai: Hindustan Unilever Limited (HUL) reported a 19% year-on-year rise in net profit for the December 2024 quarter (Q3 FY25), driven by an exceptional gain from the divestment of its Pureit water purification business, Moneycontrol reported.

Essar Renewables to invest Rs 8,000 cr in Maharashtra’s green energy projects

Jan 22, 2025, at 07:13 pm

Davos (Switzerland): Essar Renewables Ltd (ERL) has entered into an agreement with the Maharashtra government to invest Rs 8,000 crore in renewable energy projects across the state.

BPCL’s Q3 net profit rises 20% to Rs 3,806 cr

Jan 22, 2025, at 05:44 pm

Mumbai: Bharat Petroleum Corporation Ltd (BPCL) reported a 20% year-on-year rise in net profit for the December 2024 quarter, reaching Rs 3,806 crore, up from Rs 3,181 crore in the same period the previous year, according to a Moneycontrol report.

HDFC Bank’s Q3FY24 profit rises 2.2% to Rs 16,735 crore; gross NPAs increase

Jan 22, 2025, at 05:39 pm

Mumbai: HDFC Bank, India’s largest private-sector lender, posted a 2.2% rise in net profit for the December 2024 quarter at Rs 16,735.50 crore.

Centre raises jute MSP to Rs 5,650 for 2025-26; extends National Health Mission by 5 yrs

Jan 22, 2025, at 05:15 pm

New Delhi: The Union Cabinet has raised the minimum support price (MSP) for raw jute by Rs 315, bringing it to Rs 5,650 per quintal for the 2025-26 marketing season.

Union Budget 2025: Laxman Jaiswal calls depreciating rupee, declining stock market as critical challenges faced by Indian economy

Jan 22, 2025, at 11:28 am

Laxman Jaiswal on Government Fiscal Policies: Addressing Rupee Depreciation and Shrinking Market Investments

JSW Group inks Rs 3 lakh cr MoU with Maharashtra to drive industrial growth and sustainability

Jan 21, 2025, at 11:48 pm

Davos (Switzerland): JSW Group signed a Memorandum of Understanding (MoU) with the Maharashtra government on Tuesday to boost industrial growth and sustainable development.

India welcomes Trump's energy push, sees potential for increased oil imports from US

Jan 21, 2025, at 11:36 pm

New Delhi: India has welcomed US President Donald Trump’s commitment to boosting domestic oil and gas production and exporting energy globally, as outlined during his inaugural address after assuming office, media reports said.

RBI cancels NBFC X10 Financial Services’ registration over digital lending violations

Jan 21, 2025, at 09:30 pm

Mumbai: The Reserve Bank of India (RBI) announced on Tuesday the cancellation of the registration of X10 Financial Services Ltd, a Mumbai-based non-banking financial company (NBFC), due to irregularities in its digital lending practices.

Adani Energy secures Rs 25,000 cr HVDC project, its largest contract yet

Jan 21, 2025, at 08:51 pm

New Delhi: Adani Energy Solutions Ltd (AESL), India’s leading private transmission and distribution company, has clinched its largest-ever contract worth Rs 25,000 crore for the Bhadla (Rajasthan) to Fatehpur (Uttar Pradesh) High Voltage Direct Current (HVDC) transmission project.

Flipkart co-founder Sachin Bansal’s firm loses Rs 14.26 cr due to financial fraud

Jan 21, 2025, at 08:34 pm

Bengaluru: Flipkart co-founder Sachin Bansal's financial products and services startup reported a cyber fraud that caused losses amounting to Rs 14.26 crore in just 14 days during December 2024, reported The Hindu.

Gita Gopinath urges India to cut tariffs, focus on reforms for economic growth

Jan 21, 2025, at 08:06 pm

Davos: International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath has urged India to consider lowering its tariffs, not only in response to the tariff threats posed by US President Donald Trump but also to reap long-term economic benefits.

Narayana Murthy clarifies 70-hour workweek remark: ‘No one can impose it on others’

Jan 21, 2025, at 06:28 pm

New Delhi: Infosys co-founder Narayana Murthy clarified his earlier remarks on a 70-hour workweek during the IMC Kilachand Memorial Lecture on Monday, stating that such a practice cannot be imposed on anyone, media reports said.

India is now seventh largest coffee producer in world, export touches $1.29 billion in FY 2023-24

Jan 21, 2025, at 05:55 pm

India is now the seventh-largest coffee producer globally with exports reaching $1.29 billion in FY 2023-24, almost double the $719.42 million in 2020-21, said the Ministry of Commerce and Industry on Monday.

$672 million saved in forex with 92% localisation, Hyundai Motor says at Bharat Mobility Global Expo 2025

Jan 21, 2025, at 05:31 pm

New Delhi: Hyundai Motor India on Tuesday announced that it has achieved up to 92% localisation in manufacturing, engaging over 194 vendors to source more than 1,200 parts, according to media reports.

TCS becomes second global IT service brand to cross USD 20 Bn in brand value

Jan 21, 2025, at 03:25 pm

Global IT major Tata Consultancy Services  has become the second global IT services brand with a brand valuation of $21.3 billion.

Why You Should Consider a Home Loan from IDBI Bank

Jan 20, 2025, at 06:23 pm

Is any decision in your life bigger and more significant than purchasing a home? Probably not, especially if you are in India, because having a home is not just a sign of stability but prosperity and a matter of great pride. 

Tech entrepreneur Elon Musk hosts Indian Global Forum business delegation at Space X

Jan 19, 2025, at 08:17 pm

Tech entrepreneur Elon Musk recently hosted a delegation of Indian business figures at SpaceX's Starbase facility in Texas.

Sona SPEED partners Sarla Aviation to design-make critical components for eVTOL air taxi

Jan 19, 2025, at 02:03 pm

Sona SPEED, the precision manufacturing firm, has signed a Memorandum of Understanding (MoU) with Sarla Aviation, a leading innovator in electric flying taxis to design and manufacture critical components for electric vertical take-off and landing (eVTOL) aircraft.

Union Cabinet approves Rs 11,440 cr revival package for Vizag Steel

Jan 17, 2025, at 10:43 pm

New Delhi: The Union Cabinet has approved a Rs 11,440 crore package to revive the debt-laden Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, the government announced on Friday.

IMF retains India’s FY26-27 growth forecast at 6.5%, highlights global risks and opportunities

Jan 17, 2025, at 09:58 pm

New Delhi: The International Monetary Fund (IMF) maintained its growth forecast for India on Friday at 6.5% for FY26 and FY27, stating that this projection aligns with the country's potential.

Coal India trims FY25 production target to 806-810 MT, focuses on 4-5% growth

Jan 17, 2025, at 05:58 pm

Kolkata: Coal India Ltd (CIL) has revised its production target for the current fiscal to a realistic range of 806-810 million tonnes (MT), down from the earlier goal of 838 MT, according to company Chairman PM Prasad.

Wipro Q3 net profit rises 4.5% QoQ to Rs 3,354 crore; FY25 IT services outlook improved

Jan 17, 2025, at 05:38 pm

Bengaluru: Wipro Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in net profit to Rs 3,354 crore for the October-December 2024 quarter, surpassing market expectations.

India’s fiscal deficit to narrow as tax revenues grow: World Bank

Jan 17, 2025, at 05:29 pm

New Delhi: India's fiscal deficit is forecasted to narrow steadily, supported by increasing tax revenues, as per the latest World Bank report.

ED attaches assets worth Rs 440 cr in Delhi, Haryana, and Punjab in Kwality Ltd loan fraud case

Jan 17, 2025, at 04:49 pm

New Delhi: The Enforcement Directorate (ED) said on Thursday that it has attached assets valued at over Rs 440 crore across Delhi, Haryana, and Punjab in connection with an alleged bank loan fraud and money laundering case involving former promoters of Kwality Ltd, The Economic Times reported.

E-Vitara: Indian car major Maruti Suzuki unveils maiden electric vehicle with 500 kms range

Jan 17, 2025, at 04:18 pm

Indian carmaker Maruti Suzuki on Friday unveiled its maiden electric vehicle e-Vitara at the ongoing Bharat Mobility Global Expo 2025 in New Delhi.

Reliance Industries reports 7% YoY rise in Q3 net profit

Jan 16, 2025, at 11:27 pm

Mumbai: Reliance Industries (Ltd) on Thursday reported 7% year-on-year (YoY) growth in its consolidated net profit at Rs 18,540 crore for the third quarter. Revenues from operations increased 7% YoY to Rs 2.43 lakh crore.

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