The parent of CBS and other media businesses has proposed buying Warner Bros., which owns the CNN news channel among other assets, for $110 billion, including debt. (REUTERS)
Posted in Business

FCC approves foreign funding for Paramount-Warner Bros deal: ‘Serve the public interest’

The Federal Communications Commission approved Paramount Skydance Corp.’s request to allow foreign financing in excess of 25% in its proposed acquisition of Warner Bros. Discovery…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
Posted in Business

Stock market today: Sensex, Nifty open higher amid crude price pullback; Tata stocks in focus

Benchmark indices Sensex and Nifty opened marginally higher on Friday, September 18, numbers driven by an ease in crude oil prices, although continued international tensions…

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As Chandrasekaran was an ‘interested party’, he recused himself from the proceedings of this crucial resolution (PTI)
Posted in Business

Tata Sons revolt erupts as board votes to reappoint N Chandrasekaran, Noel objects

An unprecedented revolt at Tata Sons has plunged India’s largest conglomerate into a critical governance crisis, after directors voted to grant chairman N Chandrasekaran a…

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Posted in Economy

Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investment

India’s economy has proved more resilient to the shock from the Middle East conflict than Moody’s Ratings had expected, prompting the ratings agency to sharply…

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Posted in Economy

Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India

The National Bank for Financing Infrastructure and Development (Nabfid) has sanctioned loans of more than Rs 3,000 crore each to at least four data centres,…

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Noel, who became chair of Tata Trusts in October 2024, two days after his half-brother Ratan Tata died on 9th, faced many challenges, including helping SP Group. (PTI)
Posted in Business

Noel presents SP Group’s offer to sell back 3% Tata Sons stake for ₹25,000 crore

Tata Trusts chair Noel Tata presented a Shapoorji Pallonji (SP) Group proposal to the Tata Sons board on Thursday, wherein the minority investor offered to…

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Noel’s statement challenges Tata Sons’ claim that its board had decided to “start steps to follow the applicable RBI guidelines.” (REUTERS)
Posted in Business

Noel Tata vows to veto IPO listing, seeks 3-yr window from RBI: ‘If I’m forced to vote…’

Tata Trusts chairman Noel Tata told the Tata Sons board on Thursday that he would block any decision to list the country’s largest company by…

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ET Startup Awards 2026: Theranautilus’ nanorobots will be ready for human trials by year-end
Posted in Startups

ET Startup Awards 2026: Theranautilus’ nanorobots will be ready for human trials by year-end

This is part of a series of interviews with the winners of The EconoDeeptech startup Theranautilus will begin human trials of its nanorobot-based dental technology…

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Posted in Economy

India’s construction equipment exports to surpass 20,000 units in FY27, driven by global demand

New Delhi: India’s construction equipment exports are set to cross 20,000 units this financial year, growing 19% from fiscal 2026 and more than 70% from…

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RBI’s Rate-Hike Moment could be Near as Fed Steps up the Pressure
Posted in Economy

RBI rate hike imminent? Fed’s move pressures India to tighten monetary policy amid rising inflation

Mumbai: Calls for India to join central bank peers from Tokyo to London in tightening rates have grown louder after Washington, despite looming midterm polls,…

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