Business News
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Air India, Drukair sign deal to boost India-Bhutan connectivity
Air India and Drukair-Royal Bhutan Airlines have announced an interline partnership to improve travel connectivity between India, Bhutan, and other international destinations.
Vi, BSNL agree on nationwide network sharing: Report
Vodafone Idea and Bharat Sanchar Nigam Limited (BSNL) have reached an agreement to expand network sharing across all telecom circles, CNBC Awaaz reported.
SRK-backed Pernia's Pop-Up is going public: All about the IPO
Purple Style Labs, the parent company of luxury fashion platform Pernia's Pop-Up Shop, has announced the price band for its initial public offering (IPO).
Why SoftBank is planning bond sale of up to $20B
SoftBank Group is in talks with investment banks over a possible bond sale of $10 billion to $20 billion.
Deloitte paying $21.5M to settle investigation into hiring practices
Deloitte, a leading accounting firm, has agreed to pay $21.5 million to settle a US Department of Justice (DOJ) investigation into its diversity and inclusion practices.
Why TikTok parent ByteDance has been fined $30M in Brazil
Brazil's data protection authority has slapped a hefty fine of nearly $30 million on ByteDance, the parent company of TikTok.
Modi government wants Apple to build component ecosystem in India
India is pushing Apple and its suppliers to set up a local component ecosystem for domestic use and exports, as per Moneycontrol.
Uber, Ola might stop operations in Pune from September 2
Cab aggregators, including major players like Uber and Ola, could face a ban on their operations in Pune starting September 2.
Zerodha, Angel One get SEBI approval to offer corporate bonds
Leading brokerage firms Zerodha and Angel One have received approval from the Securities and Exchange Board of India (SEBI) to offer corporate bonds on their platforms.
Oil prices fall as US eases military pressure on Iran
Oil prices witnessed a decline on Wednesday, amid reduced fears of military conflict. The United States is now focusing more on economic sanctions to pressure Iran.
Egg prices jump 40%: How ethanol is making breakfast costlier
Egg prices in India have seen a sharp spike, thanks to the rising diversion of maize for ethanol production.
Air India wants $1.5B funding from Tata Sons, Singapore Airlines
Air India is looking for a capital infusion of approximately $1.5 billion from its owners Tata Sons and Singapore Airlines, Reuters reported citing two people familiar with the matter.
Modi government to exempt high-tech sectors from getting BIS certification
Commerce and Industry Minister Piyush Goyal has announced that the government is working on a framework to exempt certain sectors from Bureau of Indian Standards (BIS) certification requirements.
Swiggy Dineout now lets you order food while watching movies
Swiggy Dineout, the dining and reservation arm of Swiggy, has launched a new service for moviegoers.
Indian taxpayer gets relief in an undisclosed foreign assets case
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has rejected an appeal by the Income Tax Department in a case involving alleged undisclosed foreign assets.
Moving abroad for work? You can withdraw your PF early
If you're planning to take up a job abroad, it's important to understand how your Employee Provident Fund (EPF) will be affected.
Indian companies to get DRDO missile tech for indigenous production
The Indian government's push for self-reliance in defense manufacturing has received a major boost.
India's gig economy is neglecting women, says study
A recent study by the International Labor Organization and the National Council of Applied Economic Research has highlighted the underrepresentation of women in India's fast-growing gig economy.
India-US bond-yield spread hits historic low: Should we be worried?
The gap between India's 10-year government bond yield and the US 10-year Treasury yield has shrunk significantly.
RBI's USD-INR forex swap facility attracts inflows worth $73B
The Reserve Bank of India's (RBI) special USD-INR forex swap facility has garnered $72.8 billion in foreign exchange inflows till August 21.
Volkswagen might slash around 140,000 jobs
Volkswagen AG's labor representatives have warned that the company's planned job cuts could affect as many as 140,000 positions.
Bitcoin hits 3-month high of $80,908: What's the reason?
Bitcoin has surged past the $80,000 mark for the first time since mid-May, extending a 23% weekly rally, its biggest in nearly three years.
Vi shares jump over 8%: What's behind the sharp rally?
Vodafone Idea's stock price surged by over 8% in intraday trade today, August 25. The surge has brought the stock close to its 52-week high of ₹15.34.
Augmont Enterprises IPO closes today as GMP stays above 40%
The bidding for Augmont Enterprises' initial public offering (IPO) closes today, August 25.
Smart ring maker Oura plans $3B IPO at $16B valuation
Oura, the innovative smart ring company with offices in San Francisco and Finland, is reportedly gearing up for a US initial public offering (IPO) next month.
Tempsens IPO allotment today: How to check status online
The allotment of shares for the initial public offering (IPO) of Tempsens Instruments (India) Ltd is likely to be announced today.
India's $810M rice trade with Iran faces double whammy
India's $810 million rice trade with Iran is facing a double blow, with fresh US sanctions and the UAE's freeze on trade and financial transactions with Tehran threatening to disrupt shipments and payment channels.
India tweaks sugar import rules: How it affects businesses
The Indian government has revised its rules for duty-free imports of up to 10 lakh tons of raw sugar.
US sanctions 4 India-based firms over Iranian oil trade
The United States has imposed sanctions on four India-based companies for their alleged involvement in trade and procurement networks related to Iranian petroleum and petrochemicals.
Trump purchased shares of Musk's SpaceX this June
US President Donald Trump invested between $15,001 and $50,000 in Elon Musk's SpaceX.
Reliance eyes entry into aluminum industry to take on Adani
Reliance Industries Limited (RIL), led by Mukesh Ambani, is considering a foray into the aluminum industry.
SEBI launches 'Cyber Suraksha' portal to boost market cybersecurity
The Securities and Exchange Board of India (SEBI) has launched a new Cyber Suraksha portal.
Hyundai strike ends with tentative wage deal
Hyundai Motor Company and the union representing its employees have reached a tentative agreement on wages and bonuses.
50% tariff on Canadian steel, cars from January 2027: Trump
US President Donald Trump has announced plans to impose a hefty 50% tariff on Canadian cars, trucks, automotive parts, and steel.
TCS to acquire Porsche's IT arm for €320M
Tata Consultancy Services (TCS) has announced plans to acquire MHP Management-und IT-Beratung GmbH (MHP), a Germany-based management and IT consulting subsidiary of Porsche.
UPI completes 10 years: How India's payments revolution took off
The Unified Payments Interface (UPI), India's revolutionary digital payment system, has completed a decade of operation.
You can now export wheat flour from India again
The Indian government has lifted the export ban on wheat flour and related products with immediate effect.
Selling goods on Amazon and Flipkart has become costlier
Amazon and Flipkart have raised their seller fees ahead of the festive season.
Tempsens IPO closes today as GMP crosses 100%
The initial public offering (IPO) of Tempsens Instruments has garnered strong investor interest on its third and final day of bidding.
India's rare-earth magnet plan might not meet future demand
The Indian government has announced an $800 million plan to produce high-strength neodymium-iron-boron (NdFeB) magnets.