Business News
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Reliance may soon become the top oil refiner in India
Russian oil giant Rosneft is in preliminary talks with Reliance Industries to sell its 49.13% stake in Nayara Energy, sources familiar with the matter told ET.
Upcoming IPOs: 7 public issues, 12 listings you should watch
The primary market is gearing up for a busy week, with seven new initial public offerings (IPOs) and 12 listings on the cards.
How Zomato founder Deepinder Goyal plans to revolutionize aviation industry
Deepinder Goyal, the founder and CEO of Zomato, is venturing into the aviation industry with a new start-up called LAT Aerospace.
Subsidies, tariffs needed to counter China's rare earth export restrictions
China's recent suspension of rare earth exports is likely to accelerate the establishment of alternative production facilities abroad, despite technical and financial hurdles.
Radisson to double its hotel portfolio in India
Belgium-headquartered Radisson Hotel Group has announced plans to double its hotel portfolio in India over the next few years.
Why government banks have to list subsidiaries on stock exchanges
The Ministry of Finance has urged public sector banks (PSBs) to consider monetizing their investments in subsidiaries by listing them on stock exchanges.
Panasonic exits unprofitable washing machine, refrigerator segments in India
Japanese electronics giant Panasonic has announced its exit from India's refrigerator and washing machine segments.
Market cap of India's top 9 firms up ₹2.34L crore
Nine of India's top 10 companies added a whopping ₹2.34 lakh crore to their market capitalization last week.
Future Group case: Singapore arbitration body rules in Amazon's favor
The Singapore International Arbitration Centre (SIAC) has ruled in favor of Amazon in its ongoing legal dispute with Kishore Biyani-led Future Group.
This renewable energy producer wants to raise ₹3,000cr via IPO
Gurugram-based renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI).
Air India crash: Government provides armed security to investigation chief
The Union government has provided armed security to GVG Yugandhar, the Director General of the Aircraft Accident Investigation Bureau (AAIB), according to PTI.
Intel's strategy chief to exit as new CEO reshapes leadership
Intel's Chief Strategy Officer, Safroadu Yeboah-Amankwah, will be leaving the company on June 30, according to Reuters.
UN aviation agency to observe Air India plane crash investigation
India has accepted the International Civil Aviation Organization's (ICAO) proposal to appoint an observer for the ongoing investigation into the Air India crash in Ahmedabad.
Tata Steel mulls a 20% diverse workforce by 2028
Tata Steel has announced its goal to achieve a 20% diverse workforce across the group by 2028.
Key changes for bank customers, train travelers from July
July 2025 will see a host of financial and service-related changes affecting bank customers and train travelers.
PwC to cut 175 UK junior auditors amid market slowdown
PricewaterhouseCoopers (PwC) plans to lay off around 175 junior auditors in the UK by August, according to Financial Times.
Private consumption hits 20-year high, now 61.4% of India's GDP
India's private consumption has reached a two-decade high, according to the latest monthly report by the Ministry of Finance.
PhonePe, Lenskart among Indian brands preparing for IPO
A host of Indian start-ups across sectors such as fintech, consumer goods, and logistics are gearing up for their stock market debut.
RBI mandates KYC for inactive Aadhaar operators before resuming transactions
The Reserve Bank of India (RBI) has issued a new directive, strengthening the due diligence process for onboarding Aadhaar Enabled Payment System Touchpoint Operators (ATOs).
FPIs invested over ₹13,100cr in Indian equities this week
Foreign portfolio investors (FPIs) have made a net investment of ₹13,107.54 crore in the Indian stock market during the week of June 23-27.
Why Tesla is facing a trial in US next month
A trial is scheduled for next month over an incident involving Tesla's Autopilot system.
Meesho receives shareholder approval to raise ₹4,250cr via IPO
Bengaluru-based e-commerce platform Meesho has bagged shareholder approval to launch its initial public offering (IPO).
India's FDI inflows jump 23% in April to $8.8B
India's foreign direct investment (FDI) inflows witnessed a significant jump in April 2025, according to the Finance Ministry's Monthly Economic Review for May.
HDB Financial's ₹12,500cr IPO receives bids worth ₹1.6L crore
HDB Financial Services's ₹12,500 crore initial public offering (IPO) has received bids worth a whopping ₹1.6 lakh crore by the end of Friday.
Post offices in India to accept digital payments from August
Post offices across India will begin accepting digital payments at their counters in August, after the successful integration of a new application into their IT system.
Warren Buffett donates Berkshire Hathaway shares worth $6B
Warren Buffett, the Chairman and CEO of Berkshire Hathaway and one of the world's wealthiest individuals, has made a record donation of $6 billion.
24 IPOs raise over ₹9,500cr in June as market rebounds
India's primary market has seen a surge in activity this June, with 24 companies raising a total of ₹9,525 crore.
OpenAI acquires AI recommendation start-up Crossing Minds
OpenAI has welcomed the team from Crossing Minds, a start-up that specializes in AI recommendation systems for e-commerce businesses.
EPFO members may soon withdraw EPF funds via ATM, UPI
The Employees' Provident Fund Organization (EPFO) is working on a plan to allow its members to withdraw their Employees' Provident Fund (EPF) money directly through ATMs or Unified Payments Interface (UPI).
Meta in advanced talks to acquire voice cloning start-up PlayAI
Meta, the parent company of Facebook and Instagram, is in advanced talks to acquire PlayAI, a voice cloning start-up, according to Bloomberg.
ICICI Prudential Life launches ULIP with just ₹1,000 monthly premium
ICICI Prudential Life Insurance has launched a new market-linked insurance product, the ICICI Pru Smart Insurance Plan Plus (SIP+).
Modi government waives ₹6L crore spectrum dues for defense, railways
The Indian government's Union Cabinet has approved a major one-time waiver of over ₹6 lakh crore in spectrum dues for certain government departments, including Defense, Railways, and Space.
Virat Kohli invests ₹40cr in sportswear brand Agilitas
Cricketing legend Virat Kohli has made a major investment of ₹40 crore in Agilitas, a Bengaluru-based sports goods manufacturing company, according to Moneycontrol.
Wakefit files for ₹468cr IPO; investors eye bumper exit
Wakefit Innovations, a Bengaluru-based start-up known for its direct-to-consumer (D2C) mattresses and home solutions, has filed draft papers for an initial public offering (IPO).
Tata plans ₹500cr trust for Air India crash victims' families
Tata Sons, the holding company of the $400-billion Tata Group, has proposed to set up a trust with an estimated allocation of ₹500 crore.
Laid-off after 23 years, Microsoft veteran still goes to office
Freddy Kristiansen, a 59-year-old former principal product manager at Microsoft, is still going to work at his Denmark office even after being laid off in May.
Nike warns Trump's tariffs could add $1B to costs
Nike has warned that the tariffs imposed by US President Donald Trump on key trading partners could add roughly $1 billion to its costs this year.
China fast-tracks rare earth shipments to US, easing trade tensions
The US and China have reached an agreement to speed up the shipment of rare earth minerals to the US.
Jio BlackRock gets SEBI approval to start broking operations
Jio BlackRock Broking has received approval from the Securities and Exchange Board of India (SEBI) to start its operations as a brokerage firm in India.
OYO's new hotel in Gurugram is straight out of Kyoto
OYO has launched India's first Japanese-themed hotel under its premium brand, SUNDAY.