Business News

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,...

Business

Nifty50 and BSE Sensex Start in Red: What Investors Need to Know Today

Indian equity benchmarks Nifty50 and BSE Sensex opened lower, with analysts predicting short-term consolidation influenced by FY26 earnings. Global markets showed mixed reactions t...

Business

Tesla Launches Model Y in India: A New Era for Electric Vehicles at Rs 61 Lakh

Tesla launches its Model Y in India, starting at Rs 61 lakh, marking its entry into the Indian electric vehicle market with a showroom in Mumbai. The SUV features advanced technolo...

Business

ICICI Lombard Reports a Stellar 28% Surge in Q1 Net Profit, Reaching Rs 747 Crore

ICICI Lombard announced a 28% rise in Q1 net profit to Rs 747 crore, driven by higher capital gains and improved returns on equity, with gross direct premium income slightly up to ...