China Supply Chain Curbs Risk India Electronics Growth
China's export restrictions on key components are jeopardizing India's electronics manufacturing ambitions, potentially stalling growth in the sector.
Category : Corporate News
Air India suspends Rajkot-Delhi, Mumbai flights in June
Air India suspends Rajkot-Delhi and Rajkot-Mumbai flights in June due to rising aviation fuel prices, affecting connectivity and pushing fares higher. Vadodara also faces cuts.
Kochi Corp's Rs 40 Lakh Refuse Compactor Missing Since 2023
Auditors found a Kochi corporation refuse compactor, worth Rs 40 lakh, missing since 2023. The vehicle was abandoned at a workshop, highlighting poor fleet maintenance and lack of accountability.
India Has Enough Fuel Stocks, Supply Adequate: Centre
The Centre assures that fuel supply is adequate across India despite panic buying in some regions. Stocks are sufficient to meet demand.
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Cyient Semiconductor Valued at $500M in Edelweiss Deal
Cyient Semiconductor secures $30M from Edelweiss at $500M valuation to boost power semiconductor R&D, validation infrastructure, and working capital amid AI-driven demand.
TCS and Lupin: Blueprint for India's Self-Reliance
Amid trade wars and conflicts, the stories of TCS and Lupin, founded in 1968, showcase India's self-reliance through dynamism in pharma and IT.
Cyient Semiconductor Valued at $500M After Edelweiss Deal
Cyient Semiconductor secures $30M financing from Edelweiss, valuing the chip firm at $500M post-money. Funds to boost power semiconductor R&D, validation infrastructure, and working capital.
Chandigarh Mayor Vows Job Security for 900 Sanitation Workers
Chandigarh Mayor assures protection of jobs for nearly 900 sanitation workers after terminating the extension of Lion Company's contract, ensuring continued employment and services.
TN CM Vijay Announces Crop Loan Waiver for Farmers
Tamil Nadu CM Vijay announces a cooperative bank crop loan waiver for farmers, providing relief to thousands. The scheme covers loans up to Rs 1 lakh and aims to boost agriculture.
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TVS Motor Ranked No. 1 Globally for Shareholder Value
TVS Motor Company has been ranked first globally in the durable consumer goods sector for shareholder value creation by Wirtschaftswoche and BCG.
Predators Eye Chris MacFarland as GM, Avs Uncertainty Grows
Rumors suggest Nashville Predators may target Colorado Avalanche GM Chris MacFarland for a top executive role, sparking uncertainty in Denver and signaling a potential rebuild in Nashville.
JPMorgan CEO Warns US Vulnerable, Launches $1.5 Trillion Plan
Jamie Dimon's shareholder letter highlights US dependence on foreign supplies, launching a $1.5 trillion Security and Resiliency Initiative to boost national economic security.
Fuel Hikes by Oil Firms; Gold Monetization Under Review: FM
Finance Minister Nirmala Sitharaman stated that fuel price hikes are driven by oil marketing companies, not the government, and that gold monetization schemes are under active review.
Grace International Honours Vice Principal for Board Results
Grace International School celebrated its vice principal for outstanding board exam results and organized a workshop to motivate students for academic excellence.
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Aliko Dangote's Journey from Trading to Billion-Dollar Empire
Aliko Dangote's expansion into East Africa, linked to pipeline corridors through Ethiopia and Djibouti, reflects his journey from a trading family to building Africa's most powerful industrial empire.
Fuel, Fertilizer, Forex: Sitharaman Warns of Rs 1 Lakh Crore Loss
Union Finance Minister Nirmala Sitharaman warns that reducing excise duties on fuel could cost the government Rs 1 lakh crore. She urges focus on 'three Fs' amid global crisis.
Real Estate Quality Excellence Awards Honor Visionaries
The Real Estate Quality Excellence Awards celebrated industry leaders and innovators shaping the realty sector, recognizing outstanding contributions and projects.
Truecaller Appoints Sandeep Bhushan to Board
Truecaller has appointed Sandeep Bhushan, a former Meta and Samsung executive, to its board of directors. Bhushan brings extensive experience in global business and technology.
Rupee May Be Undervalued After Recent Depreciation: RBI Guv
RBI Governor Sanjay Malhotra said the rupee may be undervalued due to recent depreciation, attributing it to global factors and dollar strength.
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FM Sitharaman Urges Focus on Fuel, Fertiliser, Forex
Finance Minister Nirmala Sitharaman calls for focus on fuel, fertiliser, and forex, defends government's calibrated policy response, and criticises pessimism amid West Asia tensions.
Compliance-Driven Digital Lending Key for India NBFC Growth
Digital lending driven by regulatory compliance is becoming a key growth strategy for India's NBFC sector, according to VVN Lakshmi Kumari Akula, emphasizing transparency and efficiency.
India's Power Transmission Infra to Get Rs 9 Trillion Upgrade
India plans Rs 9 trillion upgrade of power transmission infrastructure to support renewable energy expansion, according to a report.
Healthcare Stock Hits 52-Week High After Acquisition
A healthcare stock surged to a fresh 52-week high after acquiring a multi-specialty hospital, boosting investor confidence and driving share price upward.
Oil Marketing Companies Rally as Fuel Prices Hiked, Crude Drops
Shares of HPCL, IOC, and BPCL jumped up to 6% after the government hiked fuel prices for the fourth time in 10 days, while global crude prices fell to a two-week low amid easing US-Iran tensions.
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Excise duty cut on fuel to cost Rs 1 lakh crore: FM
Finance Minister Nirmala Sitharaman said reducing excise duties on petrol and diesel will lead to a revenue loss of about Rs 1 lakh crore, urging confidence amid fuel price hikes.
FM Sitharaman: India Domestic Economy Positive, Resilient
Finance Minister Nirmala Sitharaman stated that India's domestic economic outlook remains positive and resilient amid global challenges.
Rs 922 Crore Power Deal by Mining Giant to Reshape Sector
A major mining company has inked a Rs 922 crore power deal, potentially reshaping the industry with enhanced energy access and operational efficiency.
BharathCloud at India-Norway Summit: Sovereign AI
BharathCloud participated in the India-Norway Business Research Summit, highlighting India's growing role in sovereign AI infrastructure and digital cooperation.
Logistics Stock Rises on Strategic Acquisition Approvals
A logistics stock jumped in green after the company approved major strategic acquisitions. Check share price and other details here.
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GAIL Net Profit Hits Rs 6,968 Crore in FY26
GAIL reported a net profit of Rs 6,968 crore for FY26, driven by strong operational performance despite global geopolitical headwinds and market volatility.
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