Business News

Business

Innovative Shift: Highways Ministry Prioritizes Tech and Ratings Over Lowest Bids for DPR Projects

The highways ministry is changing how it awards DPR preparation contracts, focusing on firms' technical skills, past project ratings, and bank guarantees instead of the lowest bid....

Business

Elon Musk's Starlink Overcomes Final Regulatory Hurdle for Launch in India, Promising Affordable Satellite Internet

Elon Musk's Starlink has received final regulatory approval from IN-SPACe to launch its satellite internet services in India, aiming to provide affordable and high-speed internet a...

Business

Vedanta Shares Plunge 3% Following US Short Seller's 'House of Cards' Allegation, Company Strongly Denies Claims

Vedanta's shares fell 3% after Viceroy Research criticized its financial sustainability, comparing it to a 'house of cards'. The company denied the allegations, calling them basele...

Business

DRDO's 2024 Milestone: Over 2,000 Tech Transfers and 200 Licenses Propel India Towards Defence Self-Reliance

In 2024, DRDO signed over 2,000 tech transfer agreements and issued 200+ production licenses, advancing India's defence self-reliance. Over 130 private industries joined as partner...

Business

Samsung Considers India as New Manufacturing Hub for US Market Amid Rising Tariffs

Samsung is evaluating India as a new manufacturing base for smartphones aimed at the US market, in light of potential US tariffs. The company's flexible production strategy aims to...

Business

Trump's 200% Tariff Threat on Pharma Imports Leaves Indian Stocks Unshaken

US President Donald Trump threatens to impose 200% tariffs on pharmaceutical imports, raising concerns for India's $10 billion pharma export sector. Despite the threat, major India...

Business

Record-Breaking SIP Inflows in June Signal Renewed Retail Investor Confidence Amid Market Stability

June saw SIP inflows in mutual funds hit a record Rs 27,269 crore, signaling strong retail investor confidence. The mutual fund industry's AUM reached Rs 74.8 lakh crore, with 8.64...

Business

Record-Breaking Mutual Fund SIP Inflows in June 2025: A New Peak of Rs 27,269 Crore

In June 2025, mutual fund SIP inflows hit a record high of Rs 27,269 crore, with contributing accounts surpassing 8.64 crore for the first time. The mutual fund industry's AUM reac...