Business News

Business

Mumbai Tops National Charts with Record Land Deals in First Half of 2025

Mumbai metropolitan region closed 24 land deals over 433 acres in H1 2025, totaling Rs 11,137 crore. Nationally, 76 deals covered 2,898 acres, with a Rs 30,885 crore value, indicat...

Business

India's Electric Vehicle Market Soars: A 29% Surge in June Sales Signals Green Revolution

India's electric vehicle sales surged by 29% in June, with electric passenger vehicles leading an 80% growth. Three-wheelers and two-wheelers also showed significant increases, mar...

Business

UniCredit Expands Influence with a 20% Stake in Commerzbank, Eyes Majority Control

UniCredit S.p.A. has converted part of its synthetic position in Commerzbank into a 20% physical share ownership, with plans to increase its stake to 29%. This strategic expansion,...

Business

Jeff Bezos Makes Headlines: Sells Over $665 Million in Amazon Shares in Major Stock Move

Jeff Bezos, Amazon's founder, has sold over $665 million worth of shares in the company, according to an SEC filing. The sale involved millions of shares at average prices just abo...

Business

Apple Elevates Sabih Khan to COO: A Strategic Move for Future Innovations

Apple Inc. has named Sabih Khan as its new Chief Operating Officer, replacing Jeff Williams. Khan, praised by CEO Tim Cook for his strategic acumen and contributions to Apple's sup...

Business

Global Auto Industry at Risk: India's Call for a National Strategy Amid China's Rare Earth Magnet Export Curbs

India's auto component industry is advocating for a national strategy to address the shortage of rare earth magnets, crucial for EV manufacturing, following China's export restrict...

Business

Government Mandates 15-Day Approval for Student Loans: A Push Towards Faster Education Financing

The Indian government has mandated public sector banks to approve education loans within 15 days, aiming to reduce delays and backlog. This initiative includes enhanced transparenc...

Business

Titan's Shares Plunge 5.5% Following Disappointing Q1 Update, Jhunjhunwala Family Loses Rs 900 Crore

Titan Company shares fell 5.5% after a weak Q1 update, causing a Rs 900 crore loss for the Jhunjhunwala family. The jewelry segment underperformed, with growth below expectations d...