Business
Latest business news and updates
BusinessBreakingPM Modi’s Melody gift to Meloni triggers surprise rally in unrelated Parle stock
The market participants in the Indian stock markets started buying stocks of Parle Industries, thinking they were investing in the Parle Melody company, which is actually engaged in engaged in infrastructure, real estate development, and waste management/recycling.
BusinessTop market action in Indian stocks today (May 19)
The investor's sentiments in the market remained cautious as the Indian rupee continued its depreciation, touching a fresh low of 96.61 against the US dollar.
Business2nd fuel price hike in four days could trim OMC losses by another 5%
The market analysts believe that the second price hike will improve daily profitability by nearly Rs 38 crore.
BusinessAmazon India to deploy 1,000 Eicher electric trucks for Amazon Now operations
These vehicles will move goods between Amazon’s fulfilment hubs, typically located in the outskirts of the city and Amazon Now micro-fulfilment centres located closer to customers.
BusinessPiyush Goyal asks Indian firms to track import trends, tap manufacturing opportunities
He said India still depends heavily on foreign countries in sectors such as capital goods and called upon industrial clusters including Rajkot, Jalandhar, Ludhiana, Batala and Pune to increase domestic production instead of relying on imports.
BusinessBreakingGE Aerospace invests Rs 100 crore in Pune facility; total investment crosses Rs 510 crore
This latest investment builds on the Rs 410 Crore announced over the last two years, bringing GE Aerospace’s total investment in the Pune facility to more than Rs 510 Crore over three years.
BusinessBreakingTata Electronics partners ASML to power India’s first 300mm chip fab in Dholera
Developments in India's first chip fab: Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics’ upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat.
BusinessCrude prices, inflation, global risk sentiment to steer Indian stock markets in upcoming week
Stock market experts expects that the movements in energy markets and the rupee will continue to influence near-term market direction.
BusinessBreakingRapido raises $240 million in fresh funding, hits $3 billion valuation
The company said in a release that the transaction values the company at USD 3 billion on post-money basis.
BusinessHindustan Copper Limited records its PAT surging to 97% to Rs 920 crore
The PBT of Hindustan Copper Limited (HCL), a Miniratna CPSE under the Ministry of Mines, has surged by 95 percent in FY 2025-26, the highest ever in the history of the company.
BusinessELCOMA to host India’s first next-gen lighting, home tech expo
The inaugural edition of the Lighting World & Home Tech Expo will be held from 14–16 January 2027 at Bharat Mandapam, New Delhi.
BusinessEssar Group’s Black Box acquires Brazil-based 2S Inovações Tecnológicas S.A.
Established in 1992 and headquartered in São Paulo, Brazil, 2S Inovações Tecnológicas delivers end-to-end digital infrastructure solutions spanning consulting and strategy, enterprise and data center networking, cloud and hybrid infrastructure, cybersecurity operations, systems integration, managed services, and lifecycle optimization.