Business News

Business

Rupee Dips to 86.52 Against Dollar: Equity Slump and Crude Surge Fuel Decline Amid Trade Uncertainties

The rupee ended 12 paise lower at 86.52 against the US dollar, affected by weak equities, rising crude prices, and foreign fund outflows. Analysts cite trade uncertainties and geop...

Business

Indian Liquor Firms Cry Foul Over UK's Non-Tariff Barriers Post India-UK FTA Deal

Indian liquor companies allege discrimination in the UK market post India-UK FTA, citing non-tariff barriers that hinder fair access. They call for government intervention to ensur...

Business

Yali Capital Surpasses Funding Goals with Rs 893 Cr Deeptech Fund, Targets 8 Startups by Year-End

Yali Capital has closed its debut deep tech fund at Rs 893 crore, aiming to invest in 8 startups by year-end. Focused on sectors like AI, robotics, and semiconductors, the fund see...

Business

Sona Comstar AGM Controversy: Late Chairman's Mother's Deferment Plea Rejected Amid Ownership Dispute

Sona Comstar proceeded with its AGM despite a deferment plea from the late chairman's mother, Rani Kapur, amid allegations of an attempt to usurp the family legacy and disputes ove...

Business

Swiggy Strengthens Board with noon CEO Faraz Khalid as SoftBank and Accel Exit Post-IPO

Swiggy appoints noon CEO Faraz Khalid as an independent director, enhancing its board with global ecommerce expertise as SoftBank and Accel step down post-IPO. This strategic move ...

Business

India and New Zealand Kick Off Crucial Second Round of Trade Pact Negotiations to Boost Bilateral Commerce

India and New Zealand have started the second round of negotiations for a free trade agreement to boost commerce and investments, with talks ending on July 25. This follows a decad...

Business

Elon Musk Boldly Predicts Tesla Could Reach a Staggering $20 Trillion Valuation with Flawless Execution

Elon Musk predicts Tesla could hit a $20 trillion valuation with perfect execution, despite recent Q2 earnings showing a 12% revenue drop to $22.5 billion and a subsequent stock se...

Business

Meta Announces Suspension of Political Ads in EU Starting October Amid New Regulations

Meta Platforms will stop showing political ads in the EU from October due to new regulations, highlighting concerns over legal uncertainties and reduced market competition, while r...