Business

Robert Murdoch (AP file photo) and son Lachlan Murdoch (Photo from Fox corporation website) Rupert Murdoch’s family has finalised succession arrangements that hand control of his media empire to eldest son Lachlan Murdoch, ensuring Fox News retains its conservative direction. 94-year old Murdoch, an Australian-born American tycoon, built one of the world’s largest media groups,…

MUMBAI: Amazon is gearing up for a bigger spike in festive sales this year as the rejigging of GST slabs will make a range of products cheaper for consumers, boosting spending by the salaried class, many of whom scout for online deals when shopping for products, more so in the case of big-ticket items. Smartphones,…

Investors are focusing on forthcoming inflation data from India and the US, which could shape the US Federal Reserve’s future policy decisions. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday on positive global cues. While Nifty50 was above 24,850, BSE Sensex was up over…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, the top stocks to buy today are Apl Apollo Tubes Ltd, and CDSL:Apl Apollo Tubes Ltd – Buy in the range between Rs 1687 & Rs 1697; Stoploss: Rs 1640; Target: Rs…

PNC Financial Services has announced plans to acquire Colorado-based FirstBank in a $4.1 billion transaction, marking a significant expansion of its footprint in the US retail banking market.Headquartered in Lakewood, Colorado, FirstBank—also known as 1stBank—operates 120 branches and holds $26.7 billion in assets. The lender is privately held, though shareholders owning 45.7% of the company…

South Korea’s LG Electronics is gearing up to launch the initial public offering (IPO) of its Indian subsidiary in October, banking sources aware of the matter told ET. The consumer electronics major is planning to raise around Rs 15,000 crore through the share sale, making it the largest IPO of 2025 so far.According to one…

Complex challenges facing global agri-food systems require solutions centred on smallholder farmers, the country’s top agricultural research official said as international experts gathered in the capital to deliberate on the future of world food security.Department of Agricultural Research and Education Secretary and ICAR Director General Mangi Lal Jat was addressing DialogueNEXT in India, a two-day…

The government’s rollout of E20, a new ethanol-blended petrol, has sparked panic and confusion across India, the world’s third-largest auto market.Since its nationwide rollout in April, the move has sparked public concern and confusion, with many worried about how it might affect their vehicles and calling for more options in ethanol fuel blends like the…

Infosys, India’s second-largest IT services company, on Monday said its board will consider a proposal for the buyback of equity shares on September 11, PTI reported.In a BSE filing, the company said, “…the Board of Directors of Infosys Limited will consider a proposal for buyback of fully paid-up equity shares of the company at its…

Coal India Limited (CIL) is exploring the possibility of setting up data centres in its decommissioned mines, repurposing redundant assets to meet India’s rising demand for digital infrastructure while pushing sustainable development.The state-owned miner has initiated a detailed feasibility study with consultants, officials told PTI. The exercise will include site assessments, a comparative analysis of…