Reliance’s next chapter: Jio gears up for record IPO under Akash Ambani
Reliance Jio was the first telecom operator to cover all 33 district headquarters in Gujarat with 5G in late 2022, bringing high-speed connectivity while opening…
Canada aims to seal India trade pact by year-end amid push to diversify ties
Canada is hoping to finalise a trade agreement with India by the end of this year as it looks to expand its economic ties beyond…
Udaan sees growth after four years with 13% rise in revenues
Business-to-business (B2B) ecommerce platform Udaan returned to growth in FY26 after four years of slowdown, while continuing to pare losses. The Bengaluru-based company reported a…
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake sale
The government is likely to exceed its budgeted disinvestment and asset monetisation target of Rs 80,000 crore in FY27, crossing the mark for the first…
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM Sitharaman
New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said the Cabinet Committee on Economic Affairs’ (CCEA) approval for the strategic restructuring of IDBI Bank will…
Cabinet clears Rs 53,428 crore for social assistance scheme, revises disability pension norms
New Delhi, The Union Cabinet on Wednesday approved an outlay of Rs 53,428 crore for the continuation of the National Social Assistance Programme (NSAP) for…
Ultra-short-term borrowing costs spike; premium over policy rate hits 4-year high
MUMBAI: The government’s ultra-short-term borrowing costs jumped at a treasury bill auction on Wednesday, with the premium over the benchmark policy rate rising to a…
Space startups secure record $20.8 billion funding as infrastructure bets surge, report shows
Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other infrastructure ventures,…
Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of Diwali
The Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved a 78-day bonus worth Rs 2,009 crore for at least 11.4 lakh employees…
Circle funding: Pre-owned goods marketplace Circle raises Rs 25 crore led by Nexus Venture Partners
Pre-owned goods marketplace Circle has raised Rs 25 crore led by Nexus Venture Partners, with participation from Delhivery COO Ajith Pai and existing investors Titan…