Adani Group Chairman Gautam Adani. Vedanta's bid for Jaypee Group (Jaiprakash Associates) entailed a five-year payment timeline, significantly longer than the 1.5-2 years proposed by Adani Enterprises. (Bloomberg)
Posted in Business

Adani Enterprises chosen to acquire Jaypee Group despite offering less than Vedanta| Business News

Creditors of Jaiprakash Associates Ltd., commonly known as Jaypee Group, have unanimously backed Adani Enterprises Ltd.’s ₹13,500-crore takeover proposal under the insolvency process, preferring it…

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Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore
Posted in Startups

Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore

Venture capital firm Elevation Capital (formerly SAIF Partners) offloaded 1.19 crore shares of Paytm parent One97 Communications worth Rs 1,555.95 crore via a bulk deal,…

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Posted in Economy

RBI seen to cut repo rate by 25 bps in December monetary policy meeting: Morgan Stanley

RBI MPC Meeting: Morgan Stanley expects the Reserve Bank of India to cut the repo rate by 25 basis points at its December 2025 policy…

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e.l.f. Beauty and rhode are giving the beauty business a makeover
Posted in Business

e.l.f. Beauty and rhode are giving the beauty business a makeover

This interview is part of the Inside the Mind of the CxO series, which explores a wide range of critical decisions faced by chief executives…

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Groww crossed the  ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg)
Posted in Business

From 90% rally in share price to lower circuit in a week| Business News

The listing of Billionbrains Garage Ventures Ltd., the operator of India’s largest online brokerage Groww, has turned out to be a lesson in market euphoria…

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Posted in Economy

After India’s Russian oil rollback, GTRI says it’s Washington’s turn to cut the tariff

Indian trade think tank Global Trade Research Initiative (GTRI) has urged Washington to swiftly roll back the additional 25 percent additional tariff imposed on Indian…

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With India's inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh says. (Reuters)
Posted in Business

RBI’s inflation-forecast model under increasing scrutiny amid record-low numbers| Business News

The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year,…

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Skoda Auto Volkswagen India Pvt. Ltd. has cut costs to about $700 million from $1 billion for a platform it is developing to build electric cars. (Unsplash)
Posted in Business

Volkswagen pares India EV plan amid hunt for a local partner to boost market share| Business News

Volkswagen AG is slashing costs of developing electric vehicles in India by a third and scouting for a local partner to help boost its tiny…

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Zoho Corp founder and former CEO Sridhar Vembu. (Image via Twitter)
Posted in Business

Sridhar Vembu wants entrepreneurs to marry and have kids in their 20s as ‘demographic duty’| Business News

Sridhar Vembu, the founder and former chief executive officer of Zoho Corp., advises young entrepreneurs to marry and have children early in life, as “a…

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Posted in Economy

India’s current account deficit expected to rise to 1.7% of GDP in FY26 due to persistent tariff pressures: Union Bank Report

India’s current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank’s…

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