Indian Stock Markets on Thursday witnessed a bumper rally as the Sensex spike over 1500 points with the key sectors like Information Technology (IT), auto, private banks shine. At close, the Sensex was up 1,533.72 points or 2.11 percent at 74,315.61, and the Nifty was…
Category: Business
SEBI Plans Listing Rule Overhaul, Tighter IPO Checks; AI Sandbox On Cards
Securities and Exchange Board of India (File Photo) The Securities and Exchange Board of India (SEBI) is preparing a fresh set of capital market reforms to reduce regulatory complexity, push corporate bond trading and make investments more accessible to retail participants. Chairman Tuhin Kanta Pandey…
First Tranche Of India-US Agreement Finalised, Undergoing Legal Drafting: Piyush Goyal
Union Minister Piyush Goyal (File Image) Union Commerce and Industry Minister Piyush Goyal on Thursday said the first tranche of the India-US bilateral trade agreement (BTA) has been finalised and is undergoing legal drafting. The deal would be operationalised once India secured a competitive advantage…
Tata Trusts Dispute: Noel Tata Replaces Vijay Singh As Bai Hirabai Trust Trustee
The ongoing governance dispute within Tata Trusts has taken a fresh turn, with Noel Tata replacing Vijay Singh as a trustee of the Bai Hirabai Jamsetji Tata Charitable Institution. Separately, the Sir Ratan Tata Trust (SRTT) has approached the Maharashtra Charity Commissioner, stating that restrictions…
From New Airport Terminal To Strategic Road: 5 Rs 3,350 Crore Projects PM Modi Inaugurated In Ladakh
Prime Minister Narendra Modi (File Photo) Prime Minister Narendra Modi on Thursday inaugurated five development projects in Ladakh with a combined investment of around Rs 3,350 crore, focusing on better air connectivity, strategic infrastructure, renewable energy, archaeological conservation and water security. The projects include a…
Jio Platforms IPO: Akash Ambani Says 6G Will Be A Software Upgrade, Not New Infrastructure
Jio Platforms’ Managing Director Akash Mukesh Ambani (File Photo) Jio Platforms is preparing for the next phase of telecom technology, said Managing Director Akash Mukesh Ambani on Thursday. He noted that the company intends to introduce 6G connectivity through a software upgrade instead of investing…
Beyond Metros: India’s Tier-2 Cities Eye AI Development Boom
India’s Tier-2 cities are emerging as potential destinations for artificial intelligence (AI) development, as technology entrepreneurs explore opportunities to build software products beyond established hubs such as Bengaluru. It reflects a broader question facing India’s technology industry: whether smaller cities can move beyond supplying engineering…
Jio IPO To Make Reliance India’s Largest Conglomerate By Market Cap: Uday Kotak
Kotak Mahindra Bank founder Uday Kotak on Jio IPO. (File Photo) Kotak Mahindra Bank founder Uday Kotak believes Reliance Industries Group is all set to become India’s largest conglomerate by market capitalisation once Jio Platforms makes its stock market debut. The much-anticipated public issue is…
Myntra FY26 Revenue At Rs 5,242.5 Crore; Advertising Income Jumps 35%
Myntra Designs Private Limited, parent of Myntra fashion and lifestyle platform and is part of Flipkart Group, reported revenue from operations of Rs 5,242.5 crore in FY26, per its financial statements filed with the Registrar of Companies (RoC). Excluding logistics and shipping services, revenue from…
IDBI Bank Sale Explained: From Mounting NPAs To Fairfax Takeover Deal
IDBI Bank’s proposed sale marks a significant milestone in the government’s efforts to reduce its stake in the lender and advance its broader privatisation agenda. The Union Cabinet approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings’ subsidiary for Rs…