Month: October 2025

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Posted in Economy

India plans to hike foreign investment cap in state-run banks to 49%, source says

India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…

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Ola Electric scales up service network into open platform for spare parts, service
Posted in Startups

Ola Electric scales up service network into open platform for spare parts, service

Ola Electric on Monday announced that it is scaling up its proprietary service infrastructure and technology vertical by providing access to independent garages and fleet…

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The JLR cyberattack cost the British economy an estimated £1.9 billion and affected more than 5,000 suppliers. (Bloomberg)
Posted in Business

Tata Motors PV in focus as UK credit agency warns against JLR loan guarantee| Business News

The UK government’s £1.5-billion loan guarantee to help Jaguar Land Rover after a major cyberattack falls outside the “normal underwriting criteria”, the Financial Times reported…

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Posted in Economy

Biz sentiments moderate in 2nd quarter FY26 due to global uncertainties: NCAER Survey

Business sentiments in India moderated in the second quarter of the current fiscal year, following three consecutive quarters of improvement, amid high global uncertainties, including…

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TCS has a $1-billion contract with Marks & Spencer's. (Reuters)
Posted in Business

TCS refutes UK media report on losing $1-billion Marks & Spencer’s contract| Business News

Tata Consultancy Services Ltd. has denied a report published in The Telegraph UK that Marks & Spencer’s Plc has scrapped its contract with India’s largest…

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Posted in Economy

India’s growth outlook for FY26 remains strong, says Finance Ministry

India’s growth outlook for the current fiscal year remains strong, supported by domestic demand, a favourable monsoon, lower inflation and the recently introduced GST rate…

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The government has a 49% stake in Vodafone Idea in lieu of some of the pending dues. (Reuters)
Posted in Business

Relief for Vodafone Idea as Supreme Court allows Centre to reconsider AGR dues| Business News

The Supreme Court has allowed the central government to reconsider the issue of reassessment of AGR dues that Vodafone Idea Ltd. has to pay. Shares…

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The gold and silver prices in India are essentially tracking global cues. (Representative image/Unsplash)
Posted in Business

MCX gold, silver prices fall—check city-wise rates| Business News

Gold prices in India fell today, after posting its biggest weekly drop since mid- August, as the progress on a US-China trade deal and a…

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A blistering bullion rally that propelled gold prices to a record high of $4,380 an ounce last week has since gone into reverse on signs the metal had become overbought. (Bloomberg)
Posted in Business

Gold prices extend drop as progress on US-China trade deal erodes safe-haven demand| Business News

Gold prices fell, after posting its first weekly drop since mid-August, as the progress on a US-China trade deal sapped safe-haven demand. A blistering bullion…

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Cofounder Peyush Bansal's net worth is expected to near $1 billion after the Lenskart IPO scheduled for 31 October to 4 November 2025. (HT)
Posted in Business

Lenskart IPO priced for $8-billion valuation as Peyush Bansal nears $1-billion net worth| Business News

Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a…

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