Latest News, Updates & Breaking Headlines
CHENNAI: The festive month of Oct proved to be nothing short of impressive for India’s electric vehicle (EV) industry. Total EV registrations reached an all-time high, with every segment of battery-powered vehicles experiencing positive growth. Electric two-wheelers alone raced past the one-million-unit milestone for the calendar year – with two months still to go. This…
Chinese goods are set to re-enter Indian markets after nearly four years of stalled clearances triggered by tensions with Beijing.The government is working to quickly process pending applications from local companies seeking to bring in electronics components, footwear, everyday household items, steel products, raw materials and other finished goods. These imports require mandatory certification of…
Mumbai: India Post Payments Bank, a 100% govt-owned entity under the Department of Posts, has signed an MoU with the Employees’ Provident Fund Organisation to provide doorstep digital life certificate services to pensioners under the Employees’ Pension Scheme, 1995.Under the partnership, IPPB will use its network of around 1.65 lakh post offices and over 3…
Banks across several states will remain closed on Wednesday, November 5, as the country observes Guru Nanak Jayanti and Kartik Purnima. With banking counters shut in multiple regions, many customers are looking for clarity on which states will have bank holidays, especially those planning in-person branch visits or time-sensitive transactions. Banks in which states remain…
MUMBAI: As Pine Labs broadens its international play and expands in a competitive space where technology is fast nudging firms to evolve, going public will allow it to establish value for the company and gain wider credibility, said B Amrish Rau, chairman, MD and CEO at the fintech which is set to debut on the…
MUMBAI: Global private equity giant KKR is looking to expand its presence in several sectors in India including consumer, technology, financial services, infrastructure, healthcare, insurance and real estate. KKR is also bullish on growing its private credit business in the country and is closely tracking the manufacturing space within the global shift towards a ‘China…
Nithin Kamath (File photo) For anyone investing in IPOs or tracking startup stocks, Zerodha co-founder Nithin Kamath has offered a striking explanation for why many venture-backed firms prefer losses over profits — and how India’s tax structure may be quietly driving that behaviour.In a detailed post on X, Kamath pointed out that taking money out…
Gold prices slipped close to a three-week low on Monday, dragged down by a stronger dollar and easing trade tensions between the US and China. On the Multi Commodity Exchange (MCX), gold opened weaker at Rs 1,21,284 per 10 grams, down Rs 224 or 0.18%, while silver prices gained Rs 1,087 or 0.73% to Rs…
Bharti Airtel on Monday reported that its consolidated net profit more than doubled year-on-year to Rs 8,651 crore for the September quarter of FY26, driven by strong growth in high-value smartphone users and post-paid connections.The telecom major had posted a profit of Rs 4,153.4 crore in the same quarter a year ago. Its Africa arm…
HYDERABAD: Vaccine maker Bharat Biotech is foraying into the contract research development and manufacturing organisation (CDRMO) space with the setting up of a new wholly-owned subsidiary, Nucelion Therapeutics Pvt Ltd, that is focused on cell and gene therapies (CGT).Announcing its entry into this high growth CRDMO segment, Bharat Biotech said the new entity will support…
