Category: 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…
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…
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,…
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…
ICICI Lombard official accidently posts draft Q3 results on WhatsApp| Business News
An employee of ICICI Lombard General Insurance Co. inadvertently uploaded undisclosed information about third quarter earnings as a personal WhatsApp status, days ahead of the…
Adani Group to invest ₹1.5 lakh crore in Kutch over next five years| Business News
Adani Group plans to invest ₹1.5 lakh crore in Kutch over the next five years, as the ports-to-mining conglomerate looks to double down on investments…
Jio Platforms said to consider 2.5% stake sale in biggest India IPO| Business News
Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s…
L&T to overhaul, upgrade Pinaka rockets for Indian Army| Business News
NEW DELHI: Larsen & Toubro (L&T) on Thursday said it has been awarded a supply order by the army’s Corps of Electronics and Mechanical Engineers (EME) for…
Vodafone Idea is said to consider raising debt to boost growth| Business News
Vodafone Idea Ltd. is considering raising debt financing to accelerate growth, people familiar with the matter said, following the government’s decision to cap annual payouts…
Nitin Gadkari announces vehicle-to-vehicle tech for safer Indian roads| Business News
NEW DELHI: Union road transport and highways minister Nitin Gadkari on Thursday announced that India will roll out vehicle-to-vehicle (V2V) communication technology that will bring the…