IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years
The IIM Calcutta Innovation Park (IIMCIP) on Wednesday announced a five-year partnership with TechnoServe‘s Greenr Sustainability Accelerator to boost India’s green entrepreneurship ecosystem to support…
Net profit drops 26% to ₹5,090 crore on higher provisions| Business News
Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell…
Apple wants India to modify a tax law that hinders its expansion in the country| Business News
Apple Inc. is lobbying the Government of India to modify its income tax law to ensure that the company is not taxed for ownership of…
India’s trade deficit widens to 11-month high of $32.15 bn in September
India’s merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after…
Tata Motors demerger done. How to value Tata Motors CV share price now| Business News
With Tata Motors Ltd. trading ex-demerger, the focus is now on Tata Motors CV and how it will be priced on the stock exchanges when…
RBI’s liquidity boost falters amid FX market intervention, analysts say
The Reserve Bank of India‘s liquidity infusion via a phased cash reserve ratio cut had less impact than expected as dollar sales and maturing FX…
China files WTO complaint against India over EV & battery subsidies, urges New Delhi to rectify ‘wrongdoings’
China filed a complaint to the WTO on Wednesday over India’s EV and battery subsidies, saying the measures give Indian domestic industries an unfair competitive…
Paytm parent restructures to bring financial, tech entities under direct ownership
Paytm‘s parent, One 97 Communications Ltd, has approved a comprehensive internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership….
Hyundai outlines ₹45,000-crore India growth plan amid sliding market share| Business News
Hyundai Motor Co. Ltd. has outlined a ₹45,000-crore investment plan for India to make the country its second largest region globally, even as its market…
IPL valuation shrinks for second year in a row to $8.8 billion, new report shows| Business News
The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the…