Category: Business

The rupee has fallen 5.3% against the US dollar so far this year, putting it on track for its steepest annual decline since 2022. (Reuters)
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Rupee strengthens against dollar to 89.45 on FII inflows, RBI actions| Business News

The Indian Rupee continued to strengthen against the US Dollar on Monday, supported by foreign buying in the world’s fifth largest stock market. The rupee…

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Starbucks stated in the announcement that Anand Varadarajan brings deep experience in developing secure, reliable systems. (LinkedIn/ Anand Varadarajan)
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Indian-origin Amazon veteran Anand Varadarajan named new Starbucks CTO| Business News

Multinational coffeehouse chain Starbucks has appointed Indian-origin technology executive Anand Varadarajan as its new executive vice president and chief technology officer (CTO), entrusting the two-decade…

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Image for representational purposes only. (Unsplash)
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Kajaria Ceramics fires CFO of wholly owned subsidiary over ₹20-crore fraud| Business News

Kajaria Ceramics Ltd. has fired the chief financial officer of Kajaria Bathware Pvt. Ltd. over a fraud at a unit of the wholly owned subsidiary….

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IndiGo has a 65% market share in India's aviation market. (HT)
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IndiGo’s flight to a monopoly, explained| Business News

That the Competition Commission of India has announced an investigation into IndiGo’s mass flight cancellations was par for the course. Sure, the CCI hasn’t specified…

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Jeet Adani, director at Adani Airports Holdings Ltd. and son of billionaire Gautam Adani, at the newly built Navi Mumbai International Airport. (Reuters)
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Adani Group has an $11-billion aviation plan that doesn’t include an airline| Business News

The Ahmedabad-based Adani Group has a five-year, $11-billion expansion plan for its airports business but no plans to start an airline in the world’s fastest…

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This140-watt charger (the Nomad Pro is priced at  ₹6,499) is based on the newer GaN, or Gallium Nitride technology. (Official photos)
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Stuffcool’s latest Gan chargers prove design and utility matter as much as watts| Business News

It is indeed very clear that Indian tech company Stuffcool is not only keeping up with charging accessory trends, but is delivering its take on…

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The Groww app on a smartphone. Groww's share price surged as much as 12.87% to  ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg)
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India’s Robinhood? Groww shares surge 13% after Jefferies initiates ‘Buy’ rating| Business News

Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy”…

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Signage at an ICICI Prudential AMC branch in Delhi. (Bloomberg)
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ICICI Prudential AMC shares surge nearly 23% over IPO price on listing day| Business News

Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the…

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File photo of BYD electric cars being loaded on ships for export at a port in China. Image has been used for representational purpose. (AFP)
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How Chinese cars are beating European tariffs| Business News

WHEN THE European Union increased tariffs on Chinese battery electric vehicles (EVs) in 2024, the logic was straightforward: raise prices and imports will fall. A…

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The rupee is heading towards its sharpest yearly fall since 2022. (AFP)
Posted in Business

Rupee strengthens to under 90/dollar after nearly a week after RBI steps in| Business News

The Indian Rupee strengthened to under 90/Dollar for the first time in nearly a week, on likely interventions by the Reserve Bank of India in…

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