Business News

Business

Tesla Board Secretly Searches for Musk's Successor Amid Leadership Concerns

Tesla's board is reportedly seeking a successor for Elon Musk, engaging executive search firms amid concerns over his focus. The search includes finding an independent director, wi...

Business

Federal Judge Accuses Apple of Defying Court Order to Alter App Store Policies

A U.S. federal judge has accused Apple of violating a court order to change its App Store rules, referring the company for a criminal contempt investigation. The case stems from an...

Business

Ather Energy's Electrifying IPO Success: Subscribed 1.4 Times Amidst Market Volatility

Ather Energy's Rs 2,981-crore IPO was subscribed 1.4 times, with strong interest from retail and institutional investors, marking a significant moment for the electric vehicle sect...

Business

IndusInd Bank Establishes Leadership Team Following CEO's Surprise Departure

IndusInd Bank has appointed Anil Rao and Soumitra Sen as interim leaders following CEO Sumant Kathpalia's resignation, with RBI approval. The bank's shares fell 2.5% post-announcem...

Business

Simplifying Tax Returns: Govt Eases Process for Equity Long-Term Capital Gains Up to Rs 1.25 Lakh

The Indian government simplifies tax return filing for individuals with long-term capital gains up to Rs 1.25 lakh from equities, introducing user-friendly features and extending t...

Business

Soaring Gold Prices Dampen Demand on Akshaya Tritiya, Yet ETFs See Unprecedented Surge

Gold prices hit a record high, dampening Akshaya Tritiya demand despite jewellers' schemes. ETFs and lightweight jewellery gain popularity as alternatives, with significant sales v...

Business

Indian Government Launches Groundbreaking Collateral-Free Loans for Exporters to Boost Global Trade

The Indian government's new NIRVIK scheme offers collateral-free loans to MSMEs and new exporters, aiming to reduce interest rates and boost India's export competitiveness. Initiat...

Business

IndianOil Halts Negotiations with Rosneft: A Strategic Shift Towards US Energy Imports

IndianOil has paused negotiations with Russia's Rosneft for oil supplies, shifting focus towards US energy imports. A new LNG deal with Trafigura marks a strategic diversification ...