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Updated: 2 hours 22 min ago
Amid IndusInd fallout, RBI examines derivatives exposures of some banks
On Monday, private lender IndusInd Bank flagged a 2.35 per cent hit to its net worth due to an underestimation of hedging costs related to forex transactions
India's retail inflation eases to 7-month low of 3.61% in February
Industrial output picks up at 5 per cent in January 2025 from 3.2 per cent in December
Only 1 in 6 corporate flyers in 2024 was a woman; Mumbai leads among metros
Among metropolitan cities, online travel aggregator MakeMyTrip indicates, Mumbai recorded the highest percentage of female corporate flyers at nearly 19%, followed by Delhi (18%) and Bengaluru (17%)
Starlink to debut in India soon: All we know about Musk's satcom service
Starlink operates using satellite internet technology rather than relying on traditional cable-based methods such as fibre optics, which traditional telecom and broadband players use
RBI invites applications for self-regulatory body for account aggregators
Launched in September 2016, the account aggregator framework ensures secure financial data sharing; RBI said applicants must apply via the PRAVAAH portal by June 15
Jaguar Land Rover shelves plan to build EVs at Tata's Tamil Nadu plant
The British luxury car unit was unable to find the right price-quality balance for locally sourced EV parts
PFC board okays Rs 1.4 trn borrowing, Rs 3.5 per share interim dividend
Board of Directors of Power Finance Corporation Ltd. (PFC), in its meeting held on March 12, 2025, approved a total borrowing of Rs 1,40,000 crore for 2025-26, a regulatory filing stated
Binny Bansal unveils new venture Opptra to tap consumer brand growth
At Opptra, Bansal aims to empower brands to unlock global growth and thrive in the ever-evolving, digitally disrupted retail landscape
India's economic growth to exceed 6.5% in FY26, says Moody's Ratings
Moody's said that following a temporary slowdown in mid-2024, India's economic growth is expected to reaccelerate and record one of the fastest rates among large economies globally
Apple MacBook Air with M4, iPad Air with M3, and Mac Studio 2025 go on sale
Apple is offering up to 24-month no-interest equated monthly instalment and up to Rs 10,000 instant discount on its new line of products, which will be available for purchase from March 12
Glenmark launches Empagliflozin for diabetes in India under Glempa brand
The medications are designed to improve glycemic control in adults with type 2 diabetes mellitus while also reducing cardiovascular outcomes in patients with cardiovascular risk
Saving about Rs 90 cr per month from cost-cut measures, says Ola Electric
Ola Electric, in which the SoftBank Group has a significant stake, reported a wider quarterly loss of Rs 564 crore in the October-December quarter as it offered heavy discounts to lure customers
CG Power gets nod for $36 mn deal to acquire Renesas Electronics business
Earlier in October, CG Power had inked a pact to acquire the Radio Frequency (RF) components business of Japan-based Renesas Electronics Corporation for a cash consideration of $36 million
IIT Guwahati developing India's 1st VR metaverse for PM SHRI schools
The project called "Gyandhara" in collaboration with Ministry of Science and Technology, and Department of Education, Assam Government will start as a pilot initiative in 56 PM Shri schools in Assam
Morgan Stanley sounds caution on Indian IT; downgrades Infosys, prefers TCS
Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.
iQOO Neo 10R with Qualcomm SD 8s Gen3 launched in India: Check price, specs
The iQOO Neo 10R will go on sale on March 19 at a starting price of Rs 26,999. Pre-bookings are now live.
Stock Market LIVE: Sensex down 100 pts, Nifty below 22,500; Nifty IT down 3%; SMID slip
Stock Market LIVE Updates: Mid- and Small-Cap indices slip; Nifty IT index shed 3% dragged by Infosys and TCS in Wednesday's intra-day deals
Temasek acquires 10% stake in Haldiram's snacks business for $1 billion
The sale is one of the largest recent transactions in India's FMCG sector and could pave the way for more foreign investment in the industry
Pakistan train hijack: 16 separatists killed, 104 passengers rescued
The Jaffar Express, carrying 400 passengers, was enroute from Quetta to Peshawar when Balochistan Liberation Army militants intercepted it in a tunnel near the terrains of Gudalar and Piru Kunri
Tata's Tanishq expands US presence with new stores in Seattle, Atlanta
Tanishq opened its fifth and sixth US stores in Redmond, Washington and Cumming, Georgia, respectively, marking a significant milestone in its North American expansion