Business News

Business

Breaking News: Reliance Power and Infrastructure Set to Raise Massive Rs 18,000 Crore Combined

Reliance Infrastructure and Reliance Power plan to raise Rs 9,000 crore each through equity, linked instruments, and debentures, signaling strong growth ambitions and financial str...

Business

Tech Mahindra Reports a 1% Revenue Decline in Q2 Amidst Weak Client Spending

Tech Mahindra experiences a 1% revenue decline in Q2 due to weak client spending, with a reduction in headcount and increased attrition rates.

Business

ITC Hotels Reports Impressive 53% Surge in Q1 Net Profit, Reaching Rs 134 Crore

ITC Hotels reports a 53% jump in Q1 net profit to Rs 134 crore, driven by higher revenue. The company targets expanding to 220 hotels and 20,000 keys by 2030, highlighting its grow...

Business

Nifty50 and BSE Sensex Open Flat: Market Eyes Consolidation Amid Positive Rural and Healthcare Trends

Indian equity benchmarks Nifty50 and BSE Sensex opened flat, with experts predicting consolidation amid positive trends in rural and healthcare sectors. Global markets and crude oi...

Business

India Expands Air Travel Agreement with Kuwait, Boosting Weekly Seats by 50%

India has enhanced its air travel agreement with Kuwait, increasing weekly seat capacity by 50% to 18,000. This move, signed by officials from both countries, aims to meet the risi...

Business

Couche-Tard Ends $47 Billion Pursuit for 7-Eleven Owner Amidst Lack of Constructive Talks

Alimentation Couche-Tard Inc. withdraws its $47 billion bid for Seven & i Holdings, citing a lack of constructive engagement. The Canadian company expressed disappointment over the...

Business

Coca-Cola to Innovate Its Recipe Following President Trump's Sugarcane Suggestion

Coca-Cola hints at new product innovations after President Trump's comments on using real cane sugar in its drinks, without confirming any recipe changes. Details on new offerings ...

Business

India's CPI Inflation Expected to Drop to 4% in FY26: Monsoon and Rate Cuts to Fuel Economic Growth

India's CPI inflation is forecasted to average 4% in FY26, aided by a good monsoon and potential repo rate cuts, with GDP growth expected at 6.5%. However, global risks and financi...