Business News

Business

BHEL Achieves Remarkable Growth: Net Profit Climbs to Rs 504.45 Crore in Q4 Amid Industry Segment Surge

Bharat Heavy Electricals Ltd (BHEL) reports a 3% increase in net profit to Rs 504.45 crore for Q4, driven by higher industry segment revenues. Total income rose to Rs 9,142.64 cror...

Business

Historic $35 Billion Merger: Charter and Cox Unite to Revolutionize Communications Industry

Charter Communications Inc. and Cox Communications Inc. have announced a $35 billion merger, creating a powerhouse in the communications industry. The deal includes Cox's $12 billi...

Business

Novo Nordisk CEO Lars Fruergaard Jorgensen Announces Departure Amidst Fierce Market Competition and Stock Plunge

Novo Nordisk CEO Lars Fruergaard Jorgensen is stepping down amid significant market pressures and a sharp decline in the company's stock. The leadership change is aimed at navigati...

Business

India-UK Trade Surplus Holds Firm as FTA Promises to Elevate Bilateral Commerce to New Heights

India's trade surplus with the UK has slightly increased, with the FTA set to significantly boost bilateral trade. Key sectors like textiles, pharmaceuticals, and IT services stand...

Business

India Urges IMF to Rethink Pakistan Loan Over Terrorism Funding Concerns

Defence Minister Rajnath Singh urges IMF to reconsider its loan to Pakistan, fearing funds may finance terror. India highlights Pakistan's military influence in economic affairs as...

Business

BluSmart's Financial Collapse Triggers Massive EV Sell-Off: Lenders Scramble to Recoup Losses

Following BluSmart's operational suspension, lenders are urgently selling or leasing 1500-2000 EVs to recover dues. Evera and Everest Fleet emerge as key players in acquiring these...

Business

Hyundai Motor India Faces 4% Profit Drop in Q4 Amid Sluggish Domestic Sales

Hyundai Motor India Ltd reports a 4% decline in Q4 profit to Rs 1,614 crore due to weak domestic sales, despite a rise in total revenue. The company plans significant future invest...

Business

Cash Reigns Supreme: India's Currency Circulation Hits Rs 38.1 Lakh Crore, Marking a 2.4% Growth

India's currency circulation grows by 2.4% to Rs 38.1 lakh crore, driven by rural demand. Despite digital payment growth, cash remains king, accounting for 60% of consumer spending...