Category: Business

TCS CEO Krithi Krithivasan. (PTI)
Posted in Business

Profit down 11.7% but revenue up 2%, dividend of ₹57 declared| Business News

Growth at Tata Consultancy Services Ltd. sustained in the October-December quarter but the bottomline faltered, even as India’s largest IT services firm doubled down on…

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Outgoing Heineken CEO Dolf van den Brink has been at the helm for six years and at the brewer for 28. (Reuters)
Posted in Business

Heineken CEO Dolf van den Brink steps down as slumping beer sales hurt brewer| Business News

Heineken NV’s Chief Executive Officer Dolf van den Brink is stepping down months after the company warned on profit over falling beer sales. Outgoing Heineken…

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Deutsche Bank's India assets that are up for grabs include mortgage loans, small business loans and wealth management. (Reuters)
Posted in Business

Deutsche Bank’s $2.5 bn India assets draw final bids from Kotak, Federal Bank| Business News

Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people…

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With the Redmi Pad 2 Pro, Xiaomi quietly makes a point about how Android tablets have matured. (Vishal Mathur | HT Photo)
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Tightening fundamentals, for the sake of value| Business News

Last year’s Redmi Pad Pro was impressive, to say the least. This is something that our review had noted too, calling it “simply far better…

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The Poco M8 validates Xiaomi’s strategy of having Poco and Redmi play in the same price bands. (Vishal Mathur | HT Photo)
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Slim phones are in vogue, and so is sensible pricing| Business News

For Poco, this year must mean more. This may, in the bigger picture be a sub-brand within the larger Xiaomi footprint in the country, but…

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The Maruti Suzuki eVitara. (HT)
Posted in Business

Maruti Suzuki approves ₹5,000-crore land deal to boost production capacity by 1 million units in Gujarat| Business News

Maruti Suzuki India Ltd. has approved a plan to acquire land in Gujarat, as the nation’s largest carmaker seeks to expand its annual production capacity…

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A DMart outlet on Ghodbunder road in Thane, Mumbai. (Mint)
Posted in Business

DMart shares surge ~3% after Q3 results show outsized growth in profitability| Business News

Shares of DMart parent Avenue Supermarts Ltd. surged after its latest quarterly results showed outsized growth in profitability. A DMart outlet on Ghodbunder road in…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint)
Posted in Business

SEBI set to clear the way for NSE IPO in as early as January| Business News

The Securities and Exchange Board of India is set to issue an approval for the long awaited NSE IPO, thereby clearing the decks for the…

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In August 2025, Reliance Industries Chairman Mukesh Ambani had told shareholders that the company's battery gigafactory will start in 2026. (PTI)
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Reliance Industries pauses plans to make lithium-ion battery cells in India| Business News

Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter,…

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The criminal charges against US Federal Reserve marks an escalation of President Donald Trump’s longstanding feud with the Fed Chair Jerome Powell. (Reuters)
Posted in Business

US Fed served with DOJ subpoenas, Jerome Powell vows to stand firm| Business News

Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a…

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