Business News

Business

Kering Faces a Tough First Half: Revenue Drops 16% to €7.6B Amid Global Market Challenges

Kering S.A. reports a 16% revenue drop to €7.6 billion in H1 2025, with Gucci sales falling 26%. Net income and EPS also declined sharply, amid challenges in China, North America, ...

Business

TCS Stock Faces Steep Decline: 33% Drop from Peak Amid Layoffs - What's Next for Investors?

TCS's stock has plummeted 33% from its peak amid layoffs, despite strong Q1FY26 results. Analysts see potential for long-term investors despite current market volatility and techni...

Business

India-US Trade Deal at a Crossroads: Will August 1 Deadline Spark Tariff War or Foster Agreement?

The India-US trade deal faces uncertainty as the August 1 tariff deadline approaches. With both nations holding firm on their positions, especially regarding agriculture and dairy ...

Business

Jane Street Challenges Sebi's Market Manipulation Allegations: A Fight for Reputation and Market Integrity

Jane Street, a US trading firm, requests more time from Sebi to address market manipulation allegations, stressing its commitment to market integrity. The firm has already complied...

Business

Wistron's Strategic Expansion in India: A Rs 1,000 Crore Venture into Telangana for Non-iPhone Hardware

Wistron is expanding its operations in India with a Rs 1,000 crore investment in Telangana for non-iPhone hardware manufacturing, alongside a new laptop production unit in Bengalur...

Business

EU Sanctions Force Nayara Energy to Switch IT Services: A Deep Dive into the Impact on India's Oil Refinery

Nayara Energy, a Russia-backed Indian refinery, faces operational challenges after EU sanctions lead Microsoft to suspend services, forcing a switch to local IT provider Rediff.com...

Business

Lenskart Sets Sights on Massive IPO: Files Draft Papers with Sebi for Rs 2,150 Crore Fresh Funding

Lenskart files draft papers with Sebi for an IPO aiming to raise Rs 2,150 crore, with a potential valuation of Rs 70,000-75,000 crore. The company plans to use the fresh capital fo...

Business

India's Trade Resilience Shines in Q1 FY26: Exports Surge, Forex Reserves and Rupee Stability Defy Global Challenges

India's trade sector shows strong growth in Q1 FY26 with a 5.9% increase in total exports and 7.2% rise in core merchandise exports. Forex reserves and rupee stability underscore e...