Category: Business

The RBI approval has been granted with reference to the application made by HDFC Bank (Representative image/REUTERS)
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HDFC Bank gets RBI nod for raising stake in IndusInd Bank up to 9.5 pc| Business News

HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The…

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Anil Agarwal, founder of the Vedanta Group (Handout)
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Vedanta shares surge to record after demerger into five firms gets NCLT nod| Business News

Shares of Vedanta Ltd. surged to a record on Tuesday after a tribunal approved the company’s demerger into five separate units. Anil Agarwal, founder of…

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Zepto delivery partners waiting for delivery orders. The plans for a Zepto IPO follow a $450-million funding round in October that pegged the company's valuation at $7 billion. (Satish Bate/HT)
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Zepto plans to file DRHP for $500-million IPO before 2025 ends| Business News

Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people…

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A 40% surge in Corona Remedies' share price gave the company a market capitalisation of nearly  ₹9,000 crore. (HT)
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Stock market today | Sensex down 400 points, Nifty 50 slips 0.35%, rupee at record low

India’s stock market fell in early trade today as investors navigated persistent foreign outflows and a depreciating rupee, while an India-US trade deal was elusive….

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Elon Musk is the world's richest person with a estimated net worth of $600 billion. (AP)
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Elon Musk net worth hits $600 billion as SpaceX preps for IPO, Forbes says| Business News

Elon Musk on Monday became the first person ever to have a net worth of $600 billion, according to Forbes, on the heels of reports…

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The rupee slipped to an all-time low of 90.82, eclipsing its previous record low of 90.7875 hit on Monday. (Reuters)
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INR-USD | Rupee slides to fresh all-time low of 90.82/Dollar in absence of India-US trade deal

The Indian Rupee slipped to an all-time low for the fourth consecutive session on Tuesday, as an India-US trade deal remained elusive. The rupee slipped…

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IndusInd reported its largest-ever quarterly loss in the three months ended March 31. (Mint)
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HDFC Bank gets RBI approval to acquire up to 9.5% stake in IndusInd Bank| Business News

The Reserve Bank of India has allowed HDFC Bank Ltd. to acquire up to 9.50% stake in IndusInd Bank Ltd., in the aftermath of a…

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The Indian Rupee is Asia's worst performing currency against the US dollar in 2025. (Reuters)
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Rupee rout vs US dollar dims hopes of a strong recovery in Indian stocks| Business News

The Indian rupee’s slide to repeated record lows against the US dollar is finally starting to pinch the equity outlook, with analysts warning that prolonged…

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The decline in India's trade deficit in November 2025 was attributed to lower gold, oil and coal imports and higher US exports—up 10% month-on-month at $6.92 billion. (Reuters)
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India’s trade deficit narrows to five-month low in November 2025 as US exports pick up| Business News

India’s trade deficit has narrowed to a five-month low as gold imports fell and exports to the US picked up despite punitive tariffs. The decline…

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Representational image. (Unsplash)
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Job apocalypse? Humbug! AI is creating brand new occupations| Business News

A mock job advertisement that has done the rounds recently calls for a “killswitch engineer” for OpenAI, maker of ChatGPT. The description requires the successful…

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