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Business

Barclays Slapped with a Hefty £42M Fine by FCA Over Severe Financial Crime Management Failures

The FCA has fined Barclays £42M for failing to properly manage financial crime risks related to WealthTek and Stunt & Co., highlighting the importance of robust financial crime con...

Business

Trump's Bold Move: 10% Tariffs on African and Caribbean Goods, Pharma and Chip Sectors Next in Line

US President Donald Trump plans to impose over 10% tariffs on goods from African and Caribbean nations, with future targets including the pharmaceutical and chip sectors. This move...

Business

lululemon Expands Global Reach: Partners with Tata CLiQ to Enter the Booming Indian Market

Canadian brand lululemon announces its entry into the Indian market through a partnership with Tata CLiQ, planning to open stores and launch online platforms by 2026. This move is ...

Business

WeWork India Secures SEBI Approval for IPO, Marking Its Dalal Street Debut

WeWork India has received SEBI approval for its IPO, involving an offer for sale of 43.7 million shares without any fresh issue. The move highlights the company's growth and the Em...

Business

India's Economy Set for 6.5% Growth Amid Global Uncertainties, Says EAC-PM

India's economy is expected to grow at 6.5% in the current financial year despite global uncertainties, driven by low inflation and a benign interest rate regime, according to EAC-...

Business

Indian Bank Secures Approval to Boost Capital by 5,000 Crore Through QIP and FPO

Indian Bank has been approved to raise Rs 5,000 crore through QIP, FPO, or rights issue, as decided in its AGM. This strategic move aims to bolster the bank's capital base, followi...

Business

Breaking: Sensex Surges 317 Points Amid Auto and Pharma Rally as Inflation Hits 6-Year Low

The Sensex rebounded with a 317-point gain to 82,571, driven by auto and pharma stocks, as retail inflation fell to a six-year low. The Nifty also rose by 114 points.

Business

MTNL Faces Financial Crisis: Defaults on Rs 8,585 Crore Bank Loans Amid Mounting Debts

MTNL, a state-run telecom firm, has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, with total debt obligations reaching Rs 34,484 crore as of June 30,...