Business News

Business

TCS Reports First Revenue Drop in Over 4 Years: A Deep Dive into Q1 Performance

TCS reports its first year-on-year revenue decline in over four years, citing weak macroeconomic conditions and the end of the BSNL deal. CEO remains optimistic for FY26.

Business

SBI Eyes Historic $2.9 Billion Share Sale to Fuel Growth and Strengthen Balance Sheet

SBI is preparing for a landmark share sale to raise Rs 25,000 crore ($2.9 billion), potentially the largest QIP in India's history. Aimed at supporting loan growth and regulatory c...

Business

Indian Stock Market Dips: Nifty50 and BSE Sensex Open Lower Amid Global Uncertainties

Indian stock markets opened lower with Nifty50 and BSE Sensex dipping due to global uncertainties and Trump's tariff moves. Experts highlight the outperformance of large caps and s...

Business

RBI Governor Assures Strong Economy Amid Global Challenges, Clarifies Status of Rs 2,000 Notes

RBI Governor Sanjay Malhotra reassured the Parliamentary Standing Committee on Finance about India's strong economy amidst global challenges, clarified the legal status of Rs 2,000...

Business

HDB IPO Shakes Grey Market: NSE, NSDL, Tata Capital Shares Tumble as Retail Investors Chase High Valuations

HDB Financial Services' IPO, priced below grey market expectations, has shaken investor confidence, causing a dip in unlisted shares of NSE, NSDL, and Tata Capital. Retail investor...

Business

India's Strategic Russian Oil Imports Prevented Global Prices from Skyrocketing to $120-130, Says Minister Hardeep Puri

India's continued imports of Russian crude oil have been pivotal in preventing global oil prices from reaching $120-130 per barrel, according to Minister Hardeep Puri. This strateg...

Business

India Leads the World in Digital Payments with UPI, as Cash and Card Usage Declines, IMF Reports

India leads the world in digital payments through UPI, with a notable decline in cash and card usage, as reported by the IMF. UPI's interoperability and rapid growth highlight a si...

Business

Clean Fanatics Secures $2 Million Seed Funding to Revolutionize Home Services in India

Clean Fanatics, a premium home services marketplace, has raised $2 million in seed funding led by Inflection Point Ventures. The funds will support team growth, technology upgrades...