Category: Business

The fever pitch of IPOs in India is unlikely to ebb any time soon. That means more avenues to rake in the moolah — for investors and bankers. (Representative Image/Unsplash)
Posted in Business

LG India IPO didn’t just rake in the monies for investors but for these guys as well| Business News

The Tata Capital IPO may have been India’s largest initial public offering, but it was the LG India IPO that raked in the moolah —…

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Nestle India's quarterly results came on a day when the Nescafe maker announced plans to cut 16,000 jobs globally over the next two years. (Reuters)
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Revenue up 10%, profit slips by nearly a fourth amid record sales| Business News

Nestle India Ltd. clocked record sales in the second quarter of the ongoing fiscal, on improving urban demand for its Maggi noodles to Nescafe coffee….

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Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP)
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Nestle plans layoffs that will affect 16,000 jobs globally over next two years| Business News

Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp…

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US President Donald Trump. (AFP)
Posted in Business

Indian Oil-led India refiners to pare down Russian oil imports after Trump comments| Business News

India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald…

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Ola Electric believes it can scale Ola Shakti BESS with “zero incremental capex and R&D spends”. (@bhash/x)
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Ola Electric enters India’s battery-storage ecosystem even as cell plans stall| Business News

Ola Electric Mobility Ltd. has launched its first non-automotive product, at a time when its cell manufacturing plans have stalled and electric two-wheeler sales have…

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A man enters a branch of Axis Bank in New Delhi, India. (Reuters)
Posted in Business

Axis Bank, HDFC Bank lead BSE Sensex, NSE Nifty 50 higher at open today| Business News

India’s stock market opened higher today, driven by gains in private banks after Axis Bank Ltd. reported its quarterly results on Wednesday. A man enters…

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Nearly 55% of India's exports to the US were affected by the tariffs. (Reuters)
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India’s exports to US in September plunge the most since the beginning of 2025 due to US tariff impact| Business News

India’s exports to the US fell in the first full month since 50% US tariffs on Indian goods came into effect, underscoring the country’s reliance…

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Infosys CEO Salil Parekh. (ANI)
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Infosys, Wipro results today to test investor appetite for IT stocks| Business News

After mixed quarterly earnings from Tata Consultancy Services Ltd. and HCL Technologies Ltd., the focus now shifts to Infosys Ltd. and Wipro Ltd. which are…

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Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a "US-China trade war" and prospects of an outsized US Fed rate cut. (Bloomberg)
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Gold price climbs to record on US-China tensions and US Fed rate-cut bets| Business News

The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through…

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US President Donald Trump. (AFP)
Posted in Business

Donald Trump declares US-China trade war, Scott Bessent floats long truce| Business News

US President Donald Trump said he saw the US as locked in a trade war with China, even as Treasury Secretary Scott Bessent proposed a…

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