Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
-
SpaceX IPO could make Elon Musk world’s first trillionaire
SpaceX, the space and satellite company led by billionaire Elon Musk, is planning a massive initial public offering (IPO) that could become make Musk the world’s first trillionaire. According to a regulatory…
-
Telangana, Germany’s Thuringia sign MoU on tech, skills and startups
Hyderabad: The German state of Thuringia on Wednesday, June 3, signed an MoU with the Telangana government for cooperation in technology, skill training, startups, Life Sciences and other areas. The agreement was…
-
Theranym Biologics manufacturing unit inaugurated in Telangana
Hyderabad: Telangana IT and Industries Minister D Sridhar Babu on Wednesday, June 3, formally inaugurated the Theranym Biologics manufacturing facility, established at an outlay of Rs 1,200 crore in Sangareddy district. The…
-
Telangana to implement revised land values from June 5: Ponguleti
Hyderabad: Telangana Minister for Revenue and Housing Ponguleti Srinivasa Reddy, on Wednesday, June 3, said that revised land values will be implemented from June 5, following a cabinet decision to adjust land…
-
Stock markets tumble in early trade; Sensex tanks 700 points
Mumbai: Equity benchmark indices Sensex and Nifty tumbled in early trade on Wednesday, June 3, amid uncertainty related to US–Iran negotiations, fresh spike in crude oil prices and persistent foreign fund outflows.…
-
India faces fresh US tariff threat over forced labour violations
Hyderabad: The United States has named India among 54 economies it says have failed to prohibit imports of goods produced using forced labour, proposing additional duties of up to 12.5 per cent, even…
-
Iran’s inflation hits World War II levels, deepening economic pain
Dubai: Year-on-year inflation in Iran reached a level in May unseen since World War II, underlining the economic pain average Iranians face as the Islamic Republic worries about the war with Israel…
-
Fuel price surge could drive consumer prices higher in coming months: Crisil
New Delhi: Rising petrol and diesel prices are poised to add fresh inflationary pressures to India’s economy, with higher transport and manufacturing costs expected to feed through to consumer prices in the…
-
Demand for EVs rises in May as fuel prices go up amid US-Iran war
New Delhi: India’s electric vehicle (EV) market registered an increase in demand during May this year, as higher fuel prices pushed more buyers towards battery-powered alternatives, according to reports by Nomura and…
-
LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy
New Delhi: Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO and MD R Doraiswamy said.…
-
BITS Pilani to set up startup incubators in Telangana in partnership with T-Hub
Hyderabad: BITS Pilani will be setting up two startup incubators in Telangana, each at a cost of Rs 10.70 crore by partnering up with T-Hub, Minister for Women and Child Welfare Danasari…
-
Indian-owned companies in UK surge in record investment year: Report
London: The number of Indian-owned companies in the United Kingdom surged by nearly 60 per cent year-on-year to rise to 1,912 with a combined turnover of 105.77 billion pounds (approximately Rs 13.48 crore), according…
-
Delhi HC holds Google liable for selling a brand’s goodwill it didn’t own
New Delhi: The Delhi High Court has fined Google Rs 30 lakh for misusing the registered trademark “HINDWARE” as an auctionable advertising keyword, ruling that the tech giant was effectively selling the “commercial…
-
Geopolitical tensions biggest threat to India’s growth: RBI Annual Report
Mumbai: Robust macroeconomic fundamentals will support the growth trajectory of the Indian economy in the current fiscal year despite headwinds from elevated energy prices, supply chain disruptions and global markets, the Reserve…
-
Blue Origin rocket explodes on the launch pad during an engine-firing test
A rocket belonging to Jeff Bezos’ Blue Origin exploded during a test at the launch pad Thursday night, shaking nearby homes and briefly painting the sky orange. Blue Origin said its New…
