Business News

Business

IndiGo Faces Hefty Rs 944 Crore Tax Penalty, Vows Legal Battle Against Erroneous Charge

IndiGo, India's largest airline, has been penalized Rs 944.20 crore by the Income Tax Department but plans to legally challenge what it calls an erroneous order, assuring no immedi...

Business

Haldiram's Secures $10 Billion Valuation in Landmark Deal with Temasek for 10% Stake

Haldiram's, India's leading snacks and sweets company, partners with Temasek in a $10 billion valuation deal, marking a significant milestone in India's packaged food industry and ...

Business

Adani vs. Birla: The Next Big Corporate Showdown in India's Wires & Cables Industry

Adani Group and Aditya Birla Group are expanding their rivalry into the wires and cables sector, challenging the dominance of smaller players in this high-growth industry. Their en...

Business

EY Report Forecasts India's Economy to Grow at 6.5% in FY26: A Path to Viksit Bharat

The EY Economy Watch report forecasts India's economy to grow at 6.5% in FY26, emphasizing the importance of fiscal strategies that support human capital development and fiscal pru...

Business

India's BankTech Sector Set to Skyrocket: $1 Billion Investment Forecast by 2027

India's BankTech sector is poised for significant growth, with investments expected to reach USD 1 billion by 2027, driven by digital transformation and emerging technologies like ...

Business

PC Jeweller Achieves Remarkable 56% Debt Reduction in FY25, Eyes Complete Debt Freedom by FY26

PC Jeweller Ltd has reduced its debt by 56% in FY25, targeting complete debt freedom by March 2026. Improved sales and fundraising efforts, including a Rs 1,500 crore preferential ...

Business

India's Copper Demand to Skyrocket by 7% Amid Clean Energy and Infrastructure Expansion

India's copper demand is expected to grow by 7%, driven by clean energy and infrastructure projects. With production lagging behind consumption, the country faces a significant dem...

Business

SpaceX Sets Historic Fram2 Mission Launch for March 31: A New Era in Polar Orbit Exploration

SpaceX is preparing for the historic Fram2 mission launch on March 31, aiming to send a Dragon spacecraft into polar orbit for the first time. The mission, aboard a Falcon 9 rocket...