Business News

Business

Jane Street's Alleged Market Manipulation Leads to Massive Losses for Indian Retail Traders in FY25

Indian retail traders suffered heavy losses of Rs 1.05 lakh crore in derivatives trading in FY25, amid SEBI's investigation into Jane Street's alleged market manipulation. The situ...

Business

Decade-High Dividend Yields in Indian IT Stocks: A Golden Opportunity or a Trap? Experts Weigh In

India's IT sector faces a pivotal moment with decade-high dividend yields amidst a 10% plunge in the Nifty IT index. Experts debate whether this signals a buying opportunity or cau...

Business

India Strengthens Electronics Sector with South Korea and Taiwan Amid China FDI Restrictions

Indian electronics manufacturers are diversifying partnerships away from China to South Korea and Taiwan, amid strict FDI regulations. Major investments and collaborations are unde...

Business

Porsche Faces a 6% Sales Decline in H1 2025 Amidst Global Market Challenges

Porsche AG reports a 6% decline in global sales for H1 2025, with significant drops in Germany and China, but growth in North America. EVs and hybrids represented 23.5% and 12.6% o...

Business

Adani Power's Strategic Expansion: Acquires VIPL for Rs 4,000 Crore, Boosting Capacity to 18,150 MW

Adani Power Ltd acquires VIPL for Rs 4,000 crore, increasing its capacity to 18,150 MW and plans to expand further to 30,670 MW by 2030, reinforcing its leadership in India's therm...

Business

Emirates Halts Tehran Flights Until Mid-July Amid Rising Regional Tensions

Emirates suspends all flights to Tehran until July 15 due to operational reasons, amid rising regional tensions. Passengers are advised to update contact information for updates.

Business

UBS Compensates Swiss Clients After Losses Linked to Trump's Tariff Announcements

UBS Group AG compensated Swiss clients for losses on forex derivatives after Trump's tariff announcements led to a sharp fall in the US dollar. The bank set up a task force to addr...

Business

Shein Accelerates Global Expansion with Hong Kong IPO Filing Amid Regulatory Challenges

Shein files for an IPO in Hong Kong to expedite its London listing, facing regulatory challenges from both Chinese and UK authorities. The move highlights the company's strategic e...