Stock markets decline in early trade amid profit-taking, fresh foreign fund outflows
Mumbai markets opened lower on Friday as Sensex fell 153 points and Nifty dropped 51 amid profit booking and FII…
Category: Business
Dr Reddy’s Q2 profit rises 14 per cent to Rs 1,437 crore
Dr Reddy’s Laboratories reported a 14.5 per cent rise in consolidated Q2 profit to Rs 1,437 crore, driven by strong…
Reliance to comply with US sanctions; to recalibrate Russian oil imports
Reliance Industries said it will comply with all applicable sanctions and recalibrate its refinery operations after the US imposed fresh…
Michezo Sports raises VC funding to boost India’s sports infrastructure
Michezo Sports has closed a funding round led by Centre Court Capital with participation from Rainmatter. The investment marks the…
US eager to finalise trade deal with South Korea ahead of Trump-Lee summit
The US is keen to finalise a trade deal with South Korea once Seoul accepts “appropriate” commitments, a senior official…
Facebook takes 30% stake in Reliance AI venture; joint investment Rs 855 crore
Facebook Overseas will hold a 30% stake in Reliance Enterprise Intelligence Ltd, Reliance Industries’ new AI venture. The joint venture,…
Congress demands PAC probe after LIC invests in Adani, LIC denies allegations
Congress demanded Parliament’s Public Accounts Committee investigate LIC after a Washington Post report claimed it invested Rs 33,000 crore in…
LIC defends Adani investments, cites independent decision-making
LIC clarified that its investments in Adani group companies were made independently, following board-approved policies and detailed due diligence. The…
Reliance, Meta launch Rs 855 crore joint venture for enterprise AI in India
Reliance Industries and Meta have formed a Rs 855 crore joint venture, Reliance Enterprise Intelligence Limited, to market and distribute…
RBI proposes banks finance corporate acquisitions with stricter safeguard
The Reserve Bank of India has proposed allowing banks to finance Indian companies for domestic or overseas acquisitions. The draft…