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India’s auto sector posted a blockbuster quarter in Q3 2025, with 30 deals worth $4.6 billion, its highest in over a year, according to a report. The surge was largely powered by Tata Motors’ $3.8 billion acquisition of Italian commercial vehicle maker Iveco SPA, one of the biggest outbound deals by any Indian auto company.Upon…
Entertainment giant Warner Bros Discovery’s board has reportedly turned down a nearly $60 billion takeover offer from Paramount Skydance, a source told Reuters on Tuesday (local time). The company also announced that it will now look at other options for a possible sale.The board had rejected a mostly cash offer of around $24 per share…
Repriced and repacked! Your biscuit, shampoo and water bottles will now be bigger!Remember when a Rs 5 Parle-G pack or a Rs 20 Bisleri bottle felt like such a steal, giving you more than you expected?Those days could soon be back as FMCG companies are planning to bring back these familiar price points by mid-November,…
Asian equities slipped on Wednesday as investors took a step back following recent gains, while gold and silver tumbled for a second straight day, halting their recent rally. The pullback came after US President Donald Trump suggested that a planned meeting with Chinese President Xi Jinping might not go ahead. Markets in Hong Kong, Shanghai,…
Representative Image (AI) Amid an escalating tariff war with Beijing, US President Donald Trump on Tuesday said he wants to be “nice” to China but claimed that the country has been “very rough” with the United States over the years because America “never had smart presidents from a business standpoint.”The 79-year-old businessman-turned-president made the remarks…
As Diwali celebrations continue across the country, many people are wondering whether banks are open or closed today, on October 22. The festival of lights is not limited to a single day, it stretches over nearly five days in several states, with each day marking a unique cultural and religious significance. This year, the festive…
MUMBAI: A study of the surge in fundraising by Indian SMEs through IPOs in FY24 and FY25 published by RBI has found that the reputation of the lead merchant banker is the single biggest factor determining success.According to the report, investor demand is shaped less by the issuing company’s fundamentals than by the intermediary’s credibility…
NEW DELHI: Foreign direct investment (FDI) into India plunged by over 68% to $1.1 billion in Aug as gross investments fell 30%, while repatriations out of India held firm.As a result, on a net basis, there was FDI outflow of $616 million in Sept, compared with inflows of $1 billion a year ago, latest data…
MUMBAI: Tracking slides in global prices of gold and silver, two precious metals witnessed correction in domestic market during Tuesday’s Muhurat trading session on MCX. A similar trend was observed in the spot market, although trading was thin on Diwali day, market players said.Global investors are looking for a ‘risk-on’ rally, meaning investors are again…
US President Donald Trump claimed on Tuesday again that India was not going to buy “much oil from Russia.” His claims were based on a conversation he had with Prime Minister Narendra Modi amid Diwali celebrations at the White House.“I spoke to Prime Minister Modi today and we just have a very good relationship. He’s…
