Category: Business
ITC market cap erodes by ₹63,000 crore as ‘tax shock’ stokes concerns on profitability| Business News
India’s largest cigarette maker ITC Ltd. wiped out nearly $7 billion (~ ₹63,000 crore) in market capitalisation after the government’s cigarette “tax shock” stoked concerns…
Yum! deal? India’s KFC, Pizza Hut operators announce $934-million merger| Business News
India’s KFC and Pizza Hut operators Sapphire Foods India Ltd. and Devyani International Ltd. are coming together in a $934-million deal, creating a fast-food powerhouse…
Gold and silver open 2026 with gains following huge annual surge| Business News
Prices of gold and silver advanced as trading in 2026 kicked off, building on their best annual performances since 1979. Gold and silver are likely…
GST collection grows 6.1% in December 2025 as rate-cut impact shows| Business News
India’s GST collections is showing a marginal improvement as the impact of GST 2.0 continued to weigh on domestic indirect-tax revenue. India’s net GST revenue,…
ITC shares plunge most in six years after India raises tobacco, cigarette tax| Business News
Shares of India’s largest cigarette maker ITC Ltd. fell the most in six years after the government imposed higher tax on tobacco products. ITC is…
Tarun Garg appointed MD & CEO of Hyundai Motor India, first Indian to lead| Business News
Hyundai Motor India Ltd on Thursday said Tarun Garg has officially assumed charge as its Managing Director & Chief Executive Officer (MD & CEO) from…
BSNL rolls out nationwide WiFi calling in push to counter Reliance Jio, Airtel| Business News
India’s state-backed telecom operator Bharat Sanchar Nigam Ltd. has launched nationwide WiFi calling services, stepping up efforts to retain subscribers and modernise its network against…
Mahindra tractor sales grow faster than SUVs| Business News
Updated on: Jan 01, 2026 12:03:39 PM IST The Mahindra BE 6 on display at a new dealership. Auto sales in India continued to show…
For Indian phone brands, innovation and not manufacturing is the dilemma| Business News
It is a curious paradox. Even as India’s smartphone market clocks new shipment milestones quarter after quarter, helped in no small measure by a rapidly…
Are stock markets BSE and NSE open or closed on New Year? Details here| Business News
While much of the global financial world will ring in the New Year with closed trading floors, India’s stock markets will remain open for business…