Nagpur Plant Blast: 2 Workers Dead, Survivors Speak
Two young contract labourers from Bihar died in a tank blast at Avaada's Nagpur plant. Survivors in Dudha village recount the horror, alleging safety lapses. Read their heartbreaking stories.
Category : Business
6 Dead in Nagpur Factory Tank Burst, Probe Awaited
Maharashtra govt to decide action after probe into fatal water tank burst at Avaada's Butibori unit. Minister Ashish Jaiswal stresses workplace safety commitment. Read details.
Dry Spell in Himachal Puts Rabi Crops at Risk
A prolonged dry spell in Himachal Pradesh since October threatens Rabi crops. Agriculture experts warn of 5-10% wheat production loss if rains don't arrive soon. Read the full report.
Flipkart Buys Majority Stake in AI Startup Minivet AI
Flipkart acquires a majority stake in Bengaluru-based Minivet AI, a generative video startup, to boost AI-powered shopping experiences. Discover how this deal transforms e-commerce.
Nagpur's Chinchbhuvan-Mihan Flyover Work Begins, Hits Traffic
PWD starts foundation work on Nagpur's ₹619-cr Chinchbhuvan-Mihan flyover, causing bottlenecks on NH 44. Project aims to cut accidents and congestion, set for Nov 2027 completion. Read details.
ICICI Prudential AMC Lists at 20% Premium, Tops HDFC AMC
ICICI Prudential AMC's blockbuster IPO lists at a 20% premium, making it India's most-valued asset management company with a market cap of nearly Rs 1.28 lakh crore. Discover the key details and market impact.
Gurgaon-Pataudi-Rewari Highway Opening Mid-February
NHAI to open most of the Gurgaon-Pataudi-Rewari highway by mid-Feb to ease congestion. Full project, except the RoB, targets March completion. Read details.
MUFG buys 20% in Shriram Finance for $4.4 billion
Japan's MUFG acquires a 20% stake in Shriram Finance for Rs 39,618 crore, marking the largest FDI in India's financial services sector. This strategic partnership aims to boost capital and global expertise.
Jaipur Jewellers Gain as High Gold Prices Shift Demand
Soaring gold prices are driving a surge in demand for coloured gemstone jewellery in Jaipur. Industry leaders see a major domestic opportunity emerging beyond exports. Discover the trends shaping the market.
Shalini Bhupal buys IHCL's Taj GVK stake for Rs 592 crore
GVK Group chairman's daughter Shalini Bhupal becomes Taj GVK's largest shareholder in a Rs 592 crore deal, marking IHCL's exit. Discover the strategic shift and expansion plans.
DTC to Lease Bus Depot Land for Warehousing to Boost Revenue
Delhi Transport Corporation plans to lease underused land at five bus depots to warehousing and logistics companies to generate recurring income and address its financial crisis.
NHAI Approves Vizhinjam Port's NH 66 Link Road
NHAI greenlights a temporary road connecting NH 66 to Vizhinjam International Seaport, enabling cargo movement by Jan 2026. A safety report is due next week.
Canada's TSX Soars to Record High on Stimulus Hopes
Canada's TSX index surged 1% to a record high of 31,755.77, driven by tech and materials stocks. Investors bet on rate cuts and government stimulus to boost earnings. Read more.
Mumbai: 80+ Local Trains Cancelled Daily for 30 Days
Western Railway cancels 80 suburban services daily & regulates long-distance trains for 30 days from Dec 30 to Jan 18 for crucial 6th line extension work up to Borivli. Details inside.
Altice USA Lenders Hire Law Firm to Fight 'Cartel' Suit
Lenders to Altice USA hire Sullivan & Cromwell to battle a lawsuit alleging an illegal cartel to freeze the firm out of US credit markets. A landmark case for corporate debt.
Mumbai: Low water pressure for 87 hours from Dec 22-26
BMC announces 87-hour low-pressure water supply in parts of Mumbai due to Metro 7A pipeline work. Check affected areas in Dharavi, BKC & timings. Store water & boil before drinking.
Hyderabad Gets 100+ Modern Pole-Mounted Power Transformers
TSSPDCL modernises Hyderabad's power grid with over 100 advanced pole-mounted transformers, enhancing safety, saving space, and easing maintenance. Read about the new initiative.
Flipkart Buys Majority Stake in AI Startup Minivet
Flipkart acquires a majority stake in AI/ML solutions provider Minivet AI to build core Generative AI capabilities. This strategic move aims to transform e-commerce with visual and conversational discovery. Read more.
Nagpur Tank Collapse Kills 6 Workers at Avaada Plant
A water tank collapse at Avaada Group's Butibori unit kills six, injures nine. Migrant workers affected; police await DISH report. Read the full investigation details.
Flipkart Buys Majority Stake in Minivet AI for GenAI Push
Flipkart acquires a majority stake in Minivet AI to enhance its generative AI capabilities for creating dynamic video content from product catalogues. Discover the impact on Indian e-commerce.
Global Markets Up: Tech Leads, BOJ Raises Rates, Yen Falls
Global equities advanced led by Wall Street tech rally. Bank of Japan hikes interest rates to a three-decade high, yen weakens. Oil prices rise on Venezuela supply fears. Key market updates for Indian investors.
Korean Proxy Fight Hits US Zinc Deal, Critical Minerals Plan at Risk
A $7.4bn US-Korea Zinc smelter deal faces a shareholder revolt, testing Trump's critical minerals agenda and US-South Korea ties. Will the plan for domestic supply succeed? Read more.
Kochi Metro Extends NYE Services, Adds More Boats
Kochi Metro and Water Metro plan increased frequency and extended hours for Christmas-New Year week to handle festive rush, following last year's record ridership of 32.35 lakh. Details inside.
CREDAI Vizag Property Expo 2024 Kicks Off Grandly
The 11th CREDAI Visakhapatnam property expo began with 71 stalls. MSME Minister inaugurated, highlighting sector growth and job creation. Explore homes, loans, and awards.
Chennai's 3rd EV bus depot opens in Poonamallee
Chennai launches its third electric bus depot at Poonamallee, adding 125 new low-floor e-buses to MTC's fleet. The move, part of a World Bank-backed initiative, aims to cut pollution and boost public transport. Read more.
Jai Anmol Ambani Summoned Again by ED in Yes Bank Case
Enforcement Directorate questions Jai Anmol Ambani for over 7 hours, summons him again. Probe focuses on Rs 13,000 crore Yes Bank exposure to Reliance ADAG. Read the latest developments.
V.G. Siddhartha: The Man Who Built Café Coffee Day
Explore the inspiring yet tragic story of V.G. Siddhartha, founder of Café Coffee Day, and the immense business empire he left behind. Discover the full journey.
Fog Disrupts North India Rail Services, Major Delays
Thick fog across North India caused massive rail delays, stranding thousands. Vande Bharat among services hit. Officials cite safety protocols. Check train status before travel.
UP Delegates Land Use Change Powers to Housing Boards
Uttar Pradesh government delegates land use change powers to housing boards to accelerate urbanisation and township projects across 20 key cities under the CM's policy.
Punjab's Unified Building Rules Launch in Ludhiana
Ludhiana adopts Punjab's unified building rules, enabling self-certification for structures up to 21m via eNaksha. Deemed approval in 10 days slashes red tape. Architects face strict accountability.
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