Business
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Gadkari thanks Naidu for 4 Guinness records on Bengaluru-Vijayawada corridor
Amaravati: Union Minister Nitin Gadkari on Monday thanked Andhra Pradesh Chief Minister N Chandrababu Naidu for his cooperation in achieving four Guinness World Records during the construction of the Bengaluru-Kadapa-Vijayawada economic corridor…
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TCS Q3 profit falls 14 pc, headcount downsized by 11,000
Mumbai: The country’s largest IT services company TCS on Monday, January 12, reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore, hit by one-time impact of the…
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Market benchmarks snap five-day losing run; Sensex gains 300 pts
Mumbai: Equity benchmark indices Sensex and Nifty found firmer ground on Monday after facing a massive drubbing in the past five trading sessions, propelled by bargain hunting in energy, banking and metal…
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Sensex declines 455 points on foreign fund outflows, trade-related concerns
Mumbai: Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows, concerns over further US tariffs on Indian exports and geopolitical overhangs dent investors’ sentiment. The…
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Selfie, ‘penny drop’ mandated as KYC for crypto customers in India
New Delhi: Selfie with liveness detection, recording of geographical coordinates, and verification of bank account by the ‘penny-drop’ method are among the mandatory new measures listed by India’s financial intelligence agency under…
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Adani Group to invest Rs 1.5 lakh crore in Kutch, boost energy and port capacity
Ahmedabad: Karan Adani, managing director of Adani Ports & SEZ Ltd, on Sunday, January 11, said that the Adani Group will invest Rs 1.5 lakh crore over the next five years in…
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Trump signs executive order meant to protect money from Venezuelan oil
West Palm Beach: US President Donald Trump’s new executive order on Venezuelan oil revenue is meant to ensure that the money remains protected from being used in judicial proceedings. The executive order,…
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X ‘accepts mistake’ on Grok AI issue, assures to comply with Indian laws: Sources
New Delhi: Microblogging site X has accepted its mistake and assured it will comply with Indian laws after the IT Ministry warned the Elon Musk-led social media platform on the Grok AI…
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Explainer: Simplified Income Tax Act, 2025, to come into force from April 1
New Delhi: Beginning April 1, the Income Tax Act, 2025, will come into force replacing the six-decade old tax law and the changes made in tax laws in 2026-27 Budget will be…
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AP Cabinet approves Dagadarthi greenfield airport at Nellore
Amaravati: In a significant boost to Andhra Pradesh’s aviation and industrial infrastructure, the state Cabinet has approved the Dagadarthi Greenfield Airport project in Nellore district. With this approval, Dagadarthi will become Andhra…
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Stock markets trade lower on persistent foreign fund outflows
Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid persistent foreign fund outflows and concerns about potential US tariff hikes. The 30-share BSE Sensex declined 255.86 points…
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Saudi Arabia to open its stock market to foreigners from Feb 1
Foreign investors will now be permitted to access Saudi Arabia’s capital market starting February 1, the Capital Markets Authority (CMA) announced on Tuesday, January 6, as part of its broader effort to…
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CCI finds Tata Steel, SAIL, JSW breached antitrust law: Report
The Competition Commission of India (CCI), the country’s competition regulator, has found Tata Steel, JSW Steel, state-run Steel Authority of India Ltd (SAIL), and 25 other firms in breach of antitrust law…
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After Trump’s remarks, Reliance denies receiving Russian oil in three weeks
New Delhi: Reliance Industries Ltd, the operator of the world’s largest single-site oil refining complex and till recently India’s biggest buyer of Russian oil, on Tuesday, January 6, said it has not…
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Reliance Industries shares down nearly 5 pc
New Delhi: Shares of Reliance Industries tumbled over 5 per cent on Tuesday morning, January 6, and were instrumental in dragging the benchmark equity indices lower. The blue-chip stock dropped by nearly…
