Category: Business
Govt seen unlikely to change RBI inflation target in upcoming revision| Business News
The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in…
How US attack on Venezuela impacts India’s stock market, crude oil bill, economy| Business News
The US attack on Venezuela to dismatle the regime of President Nicolás Maduro is creating dichotomy of sorts for India—a neutral outlook for the stock…
Samvardhana Motherson unit wins incentives in India’s $2.7 billion electronics push| Business News
Samvardhana Motherson International Ltd. (SAMIL) has secured government incentives to manufacture consumer electronics parts, in what can be seen as diversification by one of India’s…
Beyond cashbacks, a collective rewiring of India’s credit card ecosystem| Business News
India’s co-branded credit cards proposition may appear straightforward at first glance. Take a popular consumer brand, attach it to a bank-issued credit card, add cashbacks…
Air India said to be scouting for new CEO to replace Campbell Wilson| Business News
The board of Air India Ltd. is scouting for a new chief executive officer to replace Campbell Wilson, two people with direct knowledge of the…
Sensex, Nifty 50 see muted start as IT stocks decline on US tariff concerns| Business News
India’s stock market was subdued at the open today, with a drop in IT stocks and concerns over US tariffs offsetting positive business updates that…
Venezuela has big oil, Trump has bigger plans, but is it that simple? | Slippery hitches in US ambitions, explained
The brazen and swift “capture” of Venezuelan President Nicolas Maduro by US special forces in an operation inside the Latin American country’s capital has rejigged…
Bajaj Auto exports outpace India sales for first time in nearly three years| Business News
Bajaj Auto Ltd.’s exports outpaced India sales for the first time in at least three years, amid a revival abroad and muted demand at home….
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…