Category: Business

Ola Electric's service problem first cropped up in September last year and have continued ever since. (Tushar Deep Singh/HT)
Posted in Business

Ola Electric initiates a service reboot amid a sales problem| Business News

Ola Electric Mobility Ltd. has initiated a service reboot to address after-sales woes of a shrinking customer base. Ola Electric’s service problem first cropped up…

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The rupee weakened to 90.42 against the U.S. dollar, eclipsing its previous all-time low of 90.29 hit on Wednesday. (Bloomberg)
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Rupee hits fresh record low of 90.42/Dollar ahead of RBI monetary policy| Business News

The Indian Rupee has slipped to another record low against the US Dollar, a day before the Reserve Bank of India spells out its latest…

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US President Donald Trump. The US had previously implemented a $100,000 fee for H-1B visa applications as of September. (Reuters)
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Donald Trump is changing US H-1B visa rules again, this time over free speech| Business News

The Donald Trump administration will increase vetting for H-1B visa applicants with a specific instruction to reject anyone who was involved in “censorship” of free…

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Alan Dye most recently oversaw the interface of the Apple Vision Pro headset and a sweeping redesign of Apple OS for liquid glass. (Bloomberg)
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Apple’s top designer Alan Dye poached by Meta Platforms in major coup| Business News

Meta Platforms Inc. has poached Apple Inc.’s most prominent design executive in a major coup that underscores a push by the social networking giant into…

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Ola Group Chairman Bhavish Aggarwal. (PTI)
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Ola Group is said to pause non-core foods business amid downturn at Ola Electric| Business News

Ola Group has paused operations of Ola Foods amid a financial quagmire at Ola Electric Mobility Ltd., so much so that the food-delivery option has…

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Campa Cola is one of the many FMCG brands of Reliance Retail. (AFP)
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Reliance Retail brings new CEO from outside after a restructuring inside| Business News

Reliance Retail Ventures Ltd. has appointed an external CEO after completion of an internal restructuring, which makes the company a direct subsidiary of Reliance Industries…

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1 USD costs over INR 90: India rupee hits record low. What led the fall today?
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1 USD costs over INR 90: India rupee hits record low. What led the fall today?

Amid the delays of a trade deal between India and the United States, the Indian rupee continues the weaken and reached a record low of…

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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 risks steeper fall past 90/Dollar without RBI help, India-US trade deal| Business News

The Indian Rupee fell past 90 per US dollar for the first time on Wednesday, as traders bet that the lack of a India-US trade…

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The government's number of shares in India's 12 public sector banks has not declined since 2020, but the percentage stake may have reduced due to fundraising moves, MoS Finance Pankaj Choudhary says in Parliament. (ANI Video Grab)
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PSU Bank stocks decline after govt denies any proposal to raise FDI limit in PSU banks| Business News

The government is not considering a proposal to increase the FDI limit for PSU banks, MoS Finance Pankaj Chaudhary said in the Parliament on Tuesday….

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The fixed income instruments like fixed deposits and bonds hold an investment portfolio in times of market turbulence. (Shutterstock)
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How retail investors are rethinking fixed-income strategy| Business News

The days when fixed deposits were relegated to conservative investors are long gone. Today’s savvy investors are rediscovering fixed income, not as a reluctant concession…

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