Business News
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TCS wins multi-million euro deal from Canada Life
Tata Consultancy Services (TCS) has won a multi-year, multi-million euro contract from Canada Life, one of the world's leading life and pensions insurers.
Indian Railways to launch new ticket reservation system from August
Indian Railways is gearing up for a major upgrade of its Passenger Reservation System (PRS) from August.
SEBI weighs reforms to stockbroking, IPO, and research analyst norms
The Securities and Exchange Board of India (SEBI) is considering a host of reforms to improve market efficiency.
Kimi maker Moonshot AI eyes $30B valuation in latest round
Moonshot AI, the company behind the Kimi chatbot, is in talks to raise up to $2 billion. The funding would increase its valuation to a whopping $30 billion.
At $122B, engineering goods become India's top export category
India's engineering sector has become the country's largest merchandise export segment, accounting for over 25% of total goods exports.
HDFC Bank delays CEO reappointment decision amid legal review
HDFC Bank's board is delaying the decision on CEO Sashidhar Jagdishan's reappointment.
Walmart tells employees AI will assist, not replace them
Walmart, the world's largest retailer, has assured its employees that artificial intelligence (AI) is here to assist them in their work rather than replace them.
You can now withdraw entire PF balance in emergency situations
The Employees' Provident Fund Organisation (EPFO) has introduced a major change in its rules, allowing members to withdraw their entire provident fund (PF) balance under certain special circumstances.
CMR Green IPO allotment today: How to check status online
CMR Green Technologies' initial public offering (IPO) has attracted strong investor interest.
8th Pay Commission delay could lead to arrears worth lakhs
The implementation of the 8th Pay Commission, which was originally due on January 1, 2026, has been delayed.
Rajesh Exports shares hit lower circuit for 3rd consecutive day
Rajesh Exports' stock has hit its lower circuit limit for the third straight trading session.
Carlsberg wants to raise $700M via IPO in India
Danish brewer Carlsberg A/S is gearing up to file draft papers for an initial public offering (IPO) of its Indian unit, possibly this month.
Adani Ports makes South America debut with $70M contract
Adani Ports and Special Economic Zone (APSEZ) has won a 10-year marine services contract for Argentina's first liquefied natural gas (LNG) export project.
Sensodyne maker setting up manufacturing plant in India for ₹2,000cr
Haleon, the company behind popular sensitivity toothpaste Sensodyne, has announced its plan to invest £175 million (approximately ₹2,000 crore) in a new manufacturing facility in India, as per Mint.
India seeks inclusion in Bloomberg's global bond index
India is set to reapply for inclusion in major global bond indices, including the Bloomberg Global Aggregate Index.
Oil market will see oversupply after Hormuz reopening: Fitch Ratings
Fitch Ratings has predicted that the global oil market will return to oversupply after the reopening of the Strait of Hormuz.
'Make in Russia for India' model pitched for fertilizer JVs
India's Ambassador to Moscow, Vinay Kumar, has pitched the 'Making in Russia for India' model.
Will Rajesh Exports be dropped from Modi government's PLI scheme?
The Ministry of Heavy Industries (MHI) is considering removing Rajesh Exports from its production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage.
Why Curefoods has delayed its ₹800cr IPO plan
Curefoods, a leading cloud kitchen platform, has decided to delay its ₹800 crore initial public offering (IPO) plan.
India will tackle Trump's Section 301 tariffs, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal has downplayed concerns over the proposed 12.5% tariffs by the Trump administration on India and 53 other countries.
Why Nifty IT is down over 8% in 4 sessions
The Nifty IT index has witnessed a major slump, declining by 1.8% to 28,500 in morning trade today.
Why ATMs in small towns, cities are running dry
The Confederation of ATM Industry (CATMi) has warned that ATMs in tier 2 and tier 3 cities are facing severe cash shortages.
IndiGo unveils 2030 vision with 550-aircraft fleet
IndiGo parent InterGlobe Aviation Ltd has announced an ambitious growth strategy aimed at making it a key player in the global aviation sector by 2030.
Why gold and silver prices are falling today
Gold and silver prices have witnessed a decline in international markets today.
Airline profits to plunge 50% amid rising fuel costs
The International Air Transport Association (IATA) has revised its profit forecast for the global airline industry, predicting a sharp decline in profitability by 2026.
Sensex plunges over 750 points, Nifty50 falls below 23,150
India's benchmark indices, the Sensex and Nifty, opened sharply lower on Monday.
SpaceX IPO: How Indian investors can participate
Elon Musk's space exploration firm, SpaceX, is gearing up for its initial public offering (IPO).
South Korea halts trading as KOSPI index crashes over 8%
South Korea's benchmark stock index, the KOSPI, witnessed a major crash on Monday. The index plunged over 8%, triggering a circuit breaker and forcing a temporary halt in trading.
Oil prices jump over 3% as Iran-Israel tensions flare again
Oil prices witnessed a significant spike on Monday, amid rising tensions in the Middle East.
These US states plan to block Paramount's Warner Bros acquisition
California, New York, and other US states are preparing a lawsuit to block Paramount Skydance's $110 billion acquisition of Warner Bros, as per Reuters.
FPIs pull out ₹43,000cr from Indian equities in June
Foreign portfolio investors (FPIs) have withdrawn nearly ₹43,000 crore from Indian equities in the first week of June.
Why Tata Steel's £1.25B UK decarbonization project might be delayed
Tata Steel's ambitious £1.25 billion decarbonization project in the UK could be delayed by six to eight months.
Why Karnataka HC has fined BSNL over ₹55L
The Karnataka High Court has directed Bharat Sanchar Nigam Limited (BSNL) to pay over ₹55 lakh in compensation and damages.
Chinese companies get 8x more subsidies than Indian counterparts
A recent report by the Organisation for Economic Co-operation and Development (OECD) has revealed that Chinese companies received significantly more government support than their Indian counterparts between 2005 and 2024.
Will OPEC+ approve increase in oil output today?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, collectively known as OPEC+, are poised to approve a fourth consecutive increase in their oil output target.
Mainboard IPOs, SME listings to watch out for next week
The primary market is witnessing a revival, with strong demand for the IPOs of CMR Green Technologies and Hexagon Nutrition.
Top 7 Indian companies lost ₹1.25L crore last week
The combined market capitalization of seven out of the top 10 most valued companies in India fell by ₹1.25 lakh crore last week.
Why LIC is in talks with RBI and SEBI
The Life Insurance Corporation of India (LIC) is in talks with key financial regulators, including the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI).
Cooking gas in India cheaper than abroad, says Modi government
The Ministry of Petroleum and Natural Gas has said that Indian households pay much less for cooking gas than those in other countries.
Infra investment firm mulling India-focused fund with ₹5,000cr corpus
I Squared Capital (ISQ), a global infrastructure investment firm, is considering the establishment of an India-focused vehicle with a corpus of ₹4,000-5,000 crore, as per Mint.