LAT Aerospace moves to new R&D facility, to build airplane components
Posted in Startups

LAT Aerospace moves to new R&D facility, to build airplane components

LAT Aerospace, cofounded by Deepinder Goyal, announced its moved to a 50,000-square-feet research and development (R&D) facility in Gurugram, and begun setting up in-house labs…

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India-UAE CEPA Council to help startups expand internationally
Posted in Startups

India-UAE CEPA Council to help startups expand internationally

Since its launch in June, the UAE–India Start-Up Series has quickly emerged as India’s largest start-up initiative of its kind, attracting more than 10,000 applications…

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Nykaa Q2 revenue up 25% to Rs 2,346 crore, net profit zooms 154%
Posted in Startups

Nykaa Q2 revenue up 25% to Rs 2,346 crore, net profit zooms 154%

Beauty and fashion retailer Nykaa on Friday reported a 25% year-on-year (YoY) growth in its revenues for the July-September quarter, at Rs 2,346 crore. Its…

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Posted in Economy

Govt proposes consumer law reforms to speed up case resolution, cut backlog

The Consumer Affairs Ministry on Friday outlined proposed amendments to the Consumer Protection Act aimed at reducing case backlogs and accelerating dispute resolution through artificial…

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Image for Swiggy's board approves Rs 10,000-crore fundraise via QIP
Posted in Startups

Swiggy’s board approves Rs 10,000-crore fundraise via QIP

Synopsis Food and grocery delivery firm Swiggy’s board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement. The company will…

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Posted in Economy

More financial sector reforms needed to become $30 tn economy: WB report on India

India needs to give further impetus to financial sector reforms and boost private capital mobilisation to become a USD 30-trillion economy by 2047, according to…

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Bajaj Auto shares rose 0.11% to  ₹8,726.15 apiece on the BSE today, before the quarterly results were announced. (Tushar Deep Singh/HT)
Posted in Business

Profit up 23.7% on 13.7% rise in revenue, higher sales| Business News

Standalone net profit of Bajaj Auto Ltd. rose 23.7% over the year-ago period to ₹2,480 crore in the three months ended 30 September, on revenue…

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Upgrad in talks to acquire Unacademy for $300-320 million, 90% lower than its peak valuation
Posted in Startups

Upgrad in talks to acquire Unacademy for $300-320 million, 90% lower than its peak valuation

Test prep startup Unacademy is in advanced talks with higher education and upskilling firm Upgrad for an all-stock acquisition valuing it at around $300–320 million,…

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Posted in Economy

India’s forex reserves fall by $5.6 billion to $689.73 billion as of October 31, 2025

India’s foreign exchange reserves fell by $5.6 billion to $689.73 billion in the week ended October 31, 2025, the Reserve Bank of India (RBI) said…

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Nykaa's founder CEO Falguni Nayar. (HT)
Posted in Business

Net profit jumps more than three-fold on 25% surge in revenue| Business News

FSN E-Commerce Ventures Ltd., the listed operator of India’s largest online cosmetics retailer Nykaa, grew its bottomline by more than three times in July-September on…

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