Centre plans ₹20,000 cr EV incentive scheme for private buses
The Government of India is preparing a significant financial push to accelerate the electrification of privately owned commercial vehicles. While…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
Ajanta Pharma promoters raise ₹1,800cr to acquire Restaurant Brands Asia
Inspira Global, the closely held food business owned by the promoter family of Ajanta Pharma, has lined up ₹1,800 crore…
AI lifts pay for Indian cooling and power engineers
The massive expansion of artificial intelligence infrastructure in India has created an unexpected windfall for engineering roles historically overshadowed by…
Manappuram Finance CEO resigns, to continue till December
In a notable leadership transition, Deepak Reddy has resigned from his position as Chief Executive Officer (CEO) and Key Managerial…
India to contest proposed 12.5% US tariffs on exports
In a major trade confrontation, New Delhi is mounting an aggressive defense against a proposal by the Office of the…
Walmart heir Lukas Walton buys minority stake in Chicago Bulls
In a major off-the-court ownership update, billionaire Lukas Walton and his wife, Samantha, have officially acquired a minority stake in…
Nike results top estimates; retailer expects $986 million tariff refund
Nike delivered a stronger-than-anticipated fiscal fourth-quarter earnings report, topping Wall Street expectations on the headline numbers. However, the corporate win…
Ford Q2 sales drops 10.3%
Ford Motor Company reported a 10.3% decline in U.S. vehicle sales for the second quarter, delivering 549,200 units compared to…
Iran exploring oil sales to Japan, buyers seek longer sanctions waiver
In a significant diplomatic and economic development, Iran has initiated preliminary talks with Japanese buyers to resume crude oil sales…
India considers dedicated AI law
In a major shift in digital policy, the Union Ministry of Electronics and Information Technology (MeitY) has officially commenced discussions…