Trent shares drop ~8% after revenue growth stays flat even during festive months| Business News
Shares of Trent Ltd. plunged after the Tata Group-controlled apparel retailer projected its revenue to stay flat in what was a festive quarter. A Zudio…
Esops tax pause may be opened to more startups
The Centre is considering extension of the tax deferral on employee stock option plans (Esop) to all startups recognised by the Department for Promotion of…
Startups jump onto souped-up IPO bandwagon; may pick up Rs 50,000 crore from public markets in 2026
The lineup of new-age companies planning to list in 2026 is shaping up to be as crowded as last year, with PhonePe, Zepto, Oyo, Boat,…
After months of slowdown, consumer demand rebounds in Oct–Dec on GST cuts, softer inflation
Kolkata | Mumbai: Demand for consumer goods across electronics, groceries and lifestyle products recovered in the October-December quarter, helped by outsized cuts in goods and…
Govt weighs shift to NDP from GDP as key metric of economy
New Delhi: India is considering a shift toward net domestic product (NDP) as a core measure of economic performance, aligning its national accounts with the…
Government withdraws import restrictions on low ash met coke with ash content below 18%
New Delhi: India has withdrawn the import restrictions on low-ash metallurgical coke having ash content below 18%, less than a week after imposing them. The…
Cars24 acquires vehicle information management startup CarInfo in Rs 400 crore deal
SoftBank-backed used car sales platform Cars24 has acquired Delhi-based vehicle information management startup CarInfo. The deal size was around Rs 400-425 crore, people in the…
Farhan Akhtar’s Excel Entertainment sells 30% stake to Universal Music in landmark deal| Business News
Farhan Akhtar’s Excel Entertainment Pvt. Ltd. has sold a minority stake to Universal Music Group NV’s India unit, in a deal that pegs the valuation…
Polymage Labs ties up with US-based Tenstorrent to develop AI compiler
Polymage Labs, a deep-tech startup incubated at the IISC, has entered into a strategic collaboration with US-based Tenstorrent Inc to develop an AI compiler for…
India likely to retain 4% inflation target for central bank, Bloomberg News reports
India is likely to retain the existing inflation target for its central bank with the setup viewed as effective in managing prices, Bloomberg News reported…